Nippon India Floating Rate Fund Direct Plan Growth Plan Growth Option | Pros & Cons NAV(37.57)

Nippon India Floating Rate Fund Direct Plan Growth Plan Growth Option

Debt: Floater

Fund Information

Objective

The primary objective of the scheme is to generate regular income through investment predominantly in floating rate and money market instruments and fixed rate debt instruments

Low to Moderate Risk

10 Year Gsec

Benchmark

2013-01-01

Launched On

Open Ended

Type

Min SIP

5000

Min Investment

19899

AUM in Crores

0.24

Expense Ratio

--

Exit Load

Nippon Life India Asset Management Limited

Fund House

Anju Chhajer

Fund Managers

Nippon India Floating Rate Fund Direct Plan Plan Option Pros & Cons

Pros

  • Nippon India Floating Rate Fund Direct Plan Growth Plan Growth Option has over performed index in 2014-2017, 2015-2018, 2016-2019, 2017-2020 years
  • Lower Expense Ratio
  • 3 years avg returns are higher than benchmark
  • Nippon India Floating Rate Fund Direct Plan Growth Plan Growth Option is ranking 1st in last 5 years

Cons

  • Assets under Management is 15000, fund might under perform index in the coming years

Average Returns

Fund Name1Y (%)3Y (%)5Y (%)7Y (%)10Y (%)15Y (%)
Nippon India Floating Rate Fund Direct Plan Growth Plan Growth Option 
5.268.177.547.95
10 Year Gsec
8.66-4.21-0.7-2.06-2.04-1.22

Nippon India Floating Rate Fund Direct Plan Plan Option Rolling Returns

Fund Name3 Year (%)5 Year (%)
AverageMaxMinAverageMaxMin
Nippon India Floating Rate Fund Direct Plan Growth Plan Growth Option 
8.4710.408.288.830
10 Year Gsec
-2.3517.21-24.83-1.7411.17-16.61

Risk Parameters

Fund NameMeanStdSharpeBetaAlpha
Nippon India Floating Rate Fund Direct Plan Growth Plan Growth Option 
8.151.751.954-0.122.35
10 Year Gsec
-4.218.81-1.015--
Risk Parameters are calculated for the last 3 years data.

Calender Year Returns

Performance

Best PerformanceWorst Performance
PeriodReturnsPeriodReturns
Week2020-03-24 - 2020-03-31
2.64
2020-03-12 - 2020-03-19
-1.92
Month2020-03-23 - 2020-04-23
3.78
2020-02-24 - 2020-03-24
-2.19
Quarter2020-03-24 - 2020-07-24
8.37
2021-06-14 - 2021-10-14
-0.22
Year2019-07-10 - 2020-07-10
12.33
2021-06-14 - 2022-06-14
-0.22

Portfolio

Stock NameSector% of Total Holdings
7.35% GOI 22/06/2024Central Government Loan4.73
8.90% State Bank of IndiaAdditional Tier 2 Bond3.52
5.00% Bajaj Housing Finance 15/09/2023Non Convertible Debenture2.98
7.68% GOI 15/12/2023GOI Securities2.82
5.22% GOI 15/06/2025GOI Securities2.42
7.32% GOI 28/01/2024GOI Securities2.21
5.24% SIDBI 26/03/2024Debenture1.96
National Bank Agr. Rur. Devp 2024Non Convertible Debenture1.96
5.14% National Bank Agr. Rur. Devp 21-D 31/01/2024Debenture1.9
Reliance Industries 17/04/2023Non Convertible Debenture1.75
4.82% Tata Capital Financial Services 28/02/2023Non Convertible Debenture1.7
4.99% REC 31/01/2024Debenture1.7
4.26% GOI 17/05/2023GOI Securities1.58
Axis Bank 2022Certificate of Deposit1.54
6.99% HDFC 13/02/2023Debenture1.49
6.79% Tata Capital 28/12/2023Non Convertible Debenture1.48
Bajaj Finance 2022Zero Coupon Bonds1.47
5.60% Tata Capital Housing Finance 2023Non Convertible Debenture1.46
8.50% L&T Infrastructre Finance 17/02/2023Debenture1.44
7.25% Larsen & Toubro 24/04/2023Non Convertible Debenture1.39
6.19% Indian Railway Finance Corporation 28/04/2023Debenture1.32
Aditya Birla Finance 16/03/2023Non Convertible Debenture1.23
5.79% REC 20/03/2024Debenture1.23
6.18% GOI 2024GOI Securities1.21
7.04% Power Finance Corporation 14/04/2023Non Convertible Debenture1.18
7.35% GOI 22/06/2024Central Government Loan4.85
8.90% State Bank of IndiaAdditional Tier 2 Bond3.63
5.00% Bajaj Housing Finance 15/09/2023Non Convertible Debenture3.07
7.68% GOI 15/12/2023GOI Securities2.82
5.22% GOI 15/06/2025GOI Securities2.5
7.32% GOI 28/01/2024GOI Securities2.35
5.24% SIDBI 26/03/2024Debenture2.02
National Bank Agr. Rur. Devp 2024Non Convertible Debenture2.02
Reliance Industries 17/04/2023Non Convertible Debenture1.81
4.82% Tata Capital Financial Services 28/02/2023Non Convertible Debenture1.75
4.99% REC 31/01/2024Debenture1.63
6.99% HDFC 13/02/2023Debenture1.53
6.79% Tata Capital 28/12/2023Non Convertible Debenture1.52
Bajaj Finance 2022Zero Coupon Bonds1.52
5.60% Tata Capital Housing Finance 2023Non Convertible Debenture1.51
8.50% L&T Infrastructre Finance 17/02/2023Debenture1.49
7.25% Larsen & Toubro 24/04/2023Non Convertible Debenture1.43
6.19% Indian Railway Finance Corporation 28/04/2023Debenture1.36
5.79% REC 20/03/2024Debenture1.27
Aditya Birla Finance 16/03/2023Non Convertible Debenture1.27
6.18% GOI 2024GOI Securities1.24
7.04% Power Finance Corporation 14/04/2023Non Convertible Debenture1.22
5.53% National Bank Agr. Rur. Devp 22/02/2024Non Convertible Debenture1.18
8.60% India Grid Trust 31/08/2028Non Convertible Debenture1.17
5.74% REC 20/06/2024Debenture1.11

AUM Yearly

YearScheme Total AumCategory Total Aum
202114206.550.00
202015771.350.00
20196308.1135391.82

Nippon India Floating Rate Fund Direct Plan Plan Option Details

Nippon India Floating Rate Fund Direct Plan Growth Plan Growth Option is a mutual fund scheme launched by Nippon Life India Asset Management Limited.This fund has been launched on 2013-01-01. Nippon India Floating Rate Fund Direct Plan Growth Plan Growth Option currently has 19899 crores of assets under management (AUM) and has an expense ratio of 0.24 which is lower than what most other Large Cap funds charge.


Nippon India Floating Rate Fund Direct Plan Growth Plan Growth Option has given returns of 5.26% in the last 1 year and 8.17% in the last 3 years. And since launch the fund has given 8.44% returns.


This fund invests in companies which are fundamentally strong and having growth potential.


Min sip to invest in this fund is Rs. and lumpsum investment is Rs.5000.

The top holdings of the fund are 7.35% GOI 22/06/2024 , 8.90% State Bank of India , 5.00% Bajaj Housing Finance 15/09/2023 , 7.68% GOI 15/12/2023 , 5.22% GOI 15/06/2025

Frquently Asked Questions

1. What is the NAV of Nippon India Floating Rate Fund Direct Plan Plan Option?

The current Net Asset Value (NAV) of the Nippon India Floating Rate Fund Direct Plan Plan Option is 37.57

2. Nippon India Floating Rate Fund Direct Plan Plan Option Rolling Returns

The 3 year rolling returns of the Nippon India Floating Rate Fund Direct Plan Plan Option:

  • Mean : 8.47%
  • Max : 10.4%
  • Min : 0%

3. How do I invest in Nippon India Floating Rate Fund Direct Plan Plan Option?

  1. Click here Invest Now
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  3. Invest and enjoy the returns

Nippon India Floating Rate Fund Direct Plan Growth Plan Growth Option



Investment Duration 3 years

Disclaimer

Please note that these calculators are for illustrations only and do not represent actual returns. Mutual Funds do not have a fixed rate of return and it is not possible to predict the rate of return.