Nippon India Floating Rate Fund - Growth - Regular Plan

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₹43.3892 0.03 %Nav, as on 23-01-2025
Previous Nav
₹ 43.3775
Net Change on 23-01-2025
₹0.01
PersonalFN Rating
Unrated
Category
Debt - Floater Fund
Assets (Cr.)
₹ 7,580.55
Expense Ratio
0.6%
(As on Dec 31, 2024)

Fund Overview Growth | Regular Plan

Fund House
Nippon India Mutual Fund
Launch Date
02-Sep-2004
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
40.10
52 Week Low Nav Date
24-Jan-2024
52 Week High Nav (₹)
43.38
52 Week High Nav Date
22-Jan-2025

Fund 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.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Nippon India Floating Rate Fund - Growth Plan-Growth Option	6.72	6.58	8.16	6.43	6.80	7.46
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
Nifty Short Duration Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Nippon India Floating Rate Fund - Growth Plan-Growth Option	Sep 02, 2004	Unrated	8.16	6.43	6.80	0.60	7,580.55
HDFC Floating Rate Debt Fund - Growth Option	Oct 23, 2007		8.28	6.87	6.73	0.49	14,929.39
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth	Mar 25, 2009		7.89	6.75	6.44	0.44	13,287.06
ICICI Prudential Floating Interest Fund - Growth	Nov 17, 2005		8.06	6.72	6.60	1.18	7,776.88
KOTAK FLOATING RATE FUND-REGULAR PLAN-GROWTH OPTION	May 14, 2019	Unrated	8.18	6.35	6.84	0.63	3,577.76
UTI - Floater Fund - Regular Plan - Growth Option	Oct 30, 2018	Unrated	6.95	5.89	5.64	0.81	1,409.14

Fund Holdings as on 31-December-2024

Company % Assets
7.79% Small Industries Dev Bank of India**
4.64
6.4% Jamnagar Utilities & Power Private Limited**
3.62
7.57% Indian Railway Finance Corporation Limited**
3.33
7.77% REC Limited**
3.30
7.64% National Bank For Agriculture and Rural Development**
2.92
8.75% LIC Housing Finance Limited**
2.86
6.24% State Bank of India**
2.79
7.53% Government of India
2.79
8.37% State Government Securities
2.75
7.17% Government of India
2.68
8.19% Summit Digitel Infrastructure Limited**
2.66
8% Tata Capital Housing Finance Limited**
2.65
7.32% Government of India
2.64
Sundaram Home Finance Limited**
2.35
8.54% REC Limited**
2.21
8.36% Toyota Financial Services India Limited**
1.99
7.74% LIC Housing Finance Limited**
1.98
7.77% Power Finance Corporation Limited**
1.92
India Universal Trust**
1.90
7.64% Power Finance Corporation Limited**
1.88
7.98% Bajaj Finance Limited
1.66
Triparty Repo
1.59
Net Current Assets
1.55
7.93% Government of India
1.49
8.18% Mahindra & Mahindra Financial Services Limited**
1.33
8.28% SMFG India Credit Company Limited**
1.32
7.44% National Bank For Agriculture and Rural Development
1.32
HDFC Bank Limited**
1.30
India Universal Trust**
1.29
7.68% Indian Railway Finance Corporation Limited**
1.19
7.75% LIC Housing Finance Limited**
1.19
India Universal Trust**
1.12
7.17% State Government Securities
1.10
8.14% State Government Securities
1.09
7.9% Sikka Ports and Terminals Limited**
1.07
7.7% National Bank For Agriculture and Rural Development**
1.06
7.47% Small Industries Dev Bank of India**
1.05
8.05% Bajaj Housing Finance Limited**
1.00
7.59% National Housing Bank**
0.99
7.44% Small Industries Dev Bank of India**
0.99
8.2% Aditya Birla Housing Finance Limited**
0.90
7.61% State Government Securities
0.87
7.89% Summit Digitel Infrastructure Limited**
0.80
7.49% National Bank For Agriculture and Rural Development**
0.79
7.4% Summit Digitel Infrastructure Limited**
0.79
8.45% Indian Railway Finance Corporation Limited**
0.78
9% Power Finance Corporation Limited**
0.69
8.5% Tata Capital Limited
0.68
7.49% State Government Securities
0.67
8.05% Tata Capital Housing Finance Limited**
0.67
8.05% Summit Digitel Infrastructure Limited**
0.67
8.14% Tata Capital Limited**
0.67
8.24% Mahindra & Mahindra Financial Services Limited**
0.66
8.25% Nomura Fixed Inc Securities Pvt Ltd**
0.66
7.87% India Grid Trust InvIT Fund**
0.66
8.5% Nomura Capital India Pvt Limited**
0.66
8.55% Nomura Capital India Pvt Limited**
0.66
7.83% National Bank For Agriculture and Rural Development**
0.66
7.75% Tata Communications Limited**
0.66
7.46% REC Limited**
0.66
7.08% Indian Railway Finance Corporation Limited**
0.65
7.96% Pipeline Infrastructure Private Limited**
0.59
7.96% Pipeline Infrastructure Private Limited**
0.59
India Universal Trust**
0.56
7.62% National Bank For Agriculture and Rural Development**
0.53
8.6% REC Limited**
0.34
8.7% REC Limited**
0.34
7.86% State Government Securities
0.34
7.7% Nuclear Power Corporation Of India Limited**
0.33
7.45% Indian Railway Finance Corporation Limited**
0.33
7.84% Tata Capital Housing Finance Limited**
0.33
7.54% REC Limited**
0.33
7.44% Small Industries Dev Bank of India**
0.33
Corporate Debt Market Development Fund Class A2
0.28
7.63% State Government Securities
0.27
7.37% Government of India
0.27
8.85% Power Finance Corporation Limited**
0.21
7.17% State Government Securities
0.13
5.63% GOI Strips (MD 12/04/2026)
0.07
8.08% State Government Securities
0.07
7.7% HDFC Bank Limited**
0.07
7.44% REC Limited
0.07
7.47% State Government Securities
0.04
Cash Margin - CCIL
0.02
GOI Strips (MD 12/10/2025 )
0.02
Interest Rate Swaps Pay Fix Receive Floating (29/01/2025) (FV 20000 Lacs)
0.02
6.9% Government of India
0.01

Sector Holding%
Miscellaneous
73.05

Fund Manager

Vikash Agarwal

Holding Type Holding %
CARE A1+
1.30
CARE AAA
0.66
Cash
3.16
CRISIL AAA
59.52
CRISIL AAA(SO)
1.29
Derivatives
0.02
FITCH AAA
1.98
FITCH AAA(SO)
3.58
ICRA AAA
10.87
Sov
17.30
Unrated
0.28

About Nippon India Floating Rate Fund

Scheme Analysis

Nippon India Floating Rate Fund is a Debt - Floater Fund fund and belongs to Nippon India Mutual Fund. It was launched on 02-Sep-2004 and currently has an AUM of ₹7,580.55 crore. Nippon India Floating Rate Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and Nifty Short Duration Debt Index as secondary index.

The NAV of Nippon India Floating Rate Fund ended up ₹0.01(0.03%)yesterday to ₹43.3892.

Among its top 3 holdings the fund has exposure to 7.79% Small Industries Dev Bank of India**, and

The Nippon India Floating Rate Fund is managed by Vikash Agarwal .

Fund House Contact

Address:

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W) Mumbai - 400 013

Phone Number: 022-68087000

Email Address: customercare@nipponindiaim.in

Fax Number: 022-68087097

Website: https://mf.nipponindiaim.com/

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