Nippon India Floating Rate Fund - IDCW - Direct Plan

Item: Nippon India Floating Rate Fund - IDCW - Direct Plan
Rating: 1
Author: PersonalFN

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₹10.9579 0.03 %Nav, as on 25-02-2025
Previous Nav
₹ 10.955
Net Change on 25-02-2025
₹0
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 7,634.67
Expense Ratio
0.32%
(As on Jan 31, 2025)

Fund Overview IDCW | Direct Plan

Fund House
Nippon India Mutual Fund
Launch Date
01-Jan-2013
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 (₹)
19.95
52 Week Low Nav Date
26-Feb-2024
52 Week High Nav (₹)
21.62
52 Week High Nav Date
25-Feb-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 - DIRECT Plan - QUARTERLY IDCW Option	7.74	7.31	8.42	6.82	6.79	5.56
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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - QUARTERLY IDCW Option	Jan 01, 2013	8.42	6.82	6.79	0.32	7,634.67
HDFC Floating Rate Debt Fund - Direct Plan - Daily IDCW	Jan 01, 2013	8.58	7.35	6.95	0.26	15,085.23
HDFC Floating Rate Debt Fund - Direct Plan - Monthly IDCW	Jan 01, 2013	8.54	7.33	6.95	0.26	15,085.23
HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW	Jan 01, 2013	8.54	7.21	6.85	0.26	15,085.23
Aditya Birla Sun Life Floating Rate Fund-Direct - daily IDCW	Jan 01, 2013	8.57	7.30	6.67	0.23	13,175.58
Aditya Birla Sun Life Floating Rate Fund-Direct - weekly IDCW	Jan 01, 2013	8.13	7.10	6.55	0.23	13,175.58

Fund Holdings as on 31-January-2025

Company % Assets
7.79% Small Industries Dev Bank of India
4.61
6.4% Jamnagar Utilities & Power Private Limited**
3.59
7.57% Indian Railway Finance Corporation Limited**
3.31
7.77% REC Limited**
3.28
7.64% National Bank For Agriculture and Rural Development
2.91
8.75% LIC Housing Finance Limited**
2.85
6.24% State Bank of India**
2.79
7.53% Government of India
2.77
8.37% State Government Securities
2.74
7.17% Government of India
2.68
8.19% Summit Digitel Infrastructure Limited**
2.64
8% Tata Capital Housing Finance Limited**
2.63
7.32% Government of India
2.63
Net Current Assets
2.42
Sundaram Home Finance Limited**
2.35
7.64% Power Finance Corporation Limited
2.19
8.54% REC Limited**
2.19
8.36% Toyota Financial Services India Limited**
1.97
7.74% LIC Housing Finance Limited**
1.97
7.77% Power Finance Corporation Limited
1.90
India Universal Trust**
1.86
7.98% Bajaj Finance Limited**
1.65
7.93% Government of India
1.48
8.18% Mahindra & Mahindra Financial Services Limited**
1.32
8.28% SMFG India Credit Company Limited**
1.32
7.44% National Bank For Agriculture and Rural Development
1.31
HDFC Bank Limited**
1.30
India Universal Trust**
1.26
7.68% Indian Railway Finance Corporation Limited**
1.18
India Universal Trust**
1.11
7.17% State Government Securities
1.10
8.14% State Government Securities
1.08
7.9% Sikka Ports and Terminals Limited**
1.07
7.7% National Bank For Agriculture and Rural Development
1.05
7.47% Small Industries Dev Bank of India
1.05
8.05% Bajaj Housing Finance Limited
0.99
7.59% National Housing Bank**
0.99
7.44% Small Industries Dev Bank of India
0.98
8.2% Aditya Birla Housing Finance Limited**
0.90
7.61% State Government Securities
0.86
Triparty Repo
0.80
7.89% Summit Digitel Infrastructure Limited**
0.79
7.49% National Bank For Agriculture and Rural Development
0.78
7.4% Summit Digitel Infrastructure Limited**
0.78
8.45% Indian Railway Finance Corporation Limited**
0.78
9% Power Finance Corporation Limited**
0.68
8.5% Tata Capital Limited**
0.67
7.49% State Government Securities
0.67
8.14% Tata Capital Limited**
0.66
8.05% Tata Capital Housing Finance Limited**
0.66
8.05% Summit Digitel Infrastructure Limited**
0.66
8.25% Nomura Fixed Inc Securities Pvt Ltd**
0.66
7.87% IndiGrid Infrastructure Trust**
0.66
7.83% National Bank For Agriculture and Rural Development**
0.66
8.5% Nomura Capital India Pvt Limited**
0.66
8.55% Nomura Capital India Pvt Limited**
0.66
8.24% Mahindra & Mahindra Financial Services Limited**
0.66
7.75% Tata Communications Limited**
0.66
8.22% Tata Capital Limited
0.65
7.46% REC Limited**
0.65
7.08% Indian Railway Finance Corporation Limited**
0.65
7.96% Pipeline Infrastructure Private Limited**
0.58
7.96% Pipeline Infrastructure Private Limited**
0.58
7.62% National Bank For Agriculture and Rural Development**
0.53
India Universal Trust**
0.53
7.75% LIC Housing Finance Limited**
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
7.35% Export Import Bank of India
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
8.85% Power Finance Corporation Limited**
0.21
7.17% State Government Securities
0.13
National Highways Infra Trust**
0.12
National Highways Infra Trust**
0.11
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
6.9% Government of India
0.01
Interest Rate Swaps Pay Fix Receive Floating (28/02/2025) (FV 25000 Lacs)
0.00

Sector Holding%
Miscellaneous
73.46

Fund Manager

Vikash Agarwal

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
20/12/2024
1.92
23/09/2024
2.15
21/06/2024
1.82
22/03/2024
2.01
22/12/2023
1.36
22/09/2023
1.76
16/06/2023
2.56
17/03/2023
0.98
20/12/2022
1.44
20/09/2022
1.43
22/03/2022
0.76
21/12/2021
0.57
21/09/2021
1.57
22/06/2021
2.14
22/12/2020
2.70
22/09/2020
2.00
22/06/2020
5.03
20/03/2020
2.76
20/12/2019
2.01
20/09/2019
2.35
20/06/2019
2.23
20/03/2019
2.02
20/12/2018
2.11
21/09/2018
1.58
20/03/2018
0.71
20/12/2017
0.89
20/09/2017
2.14
20/06/2017
2.24
21/03/2017
0.91
20/12/2016
2.13
20/09/2016
2.51
21/06/2016
2.10
22/03/2016
1.47
22/12/2015
2.08
22/09/2015
1.67
22/06/2015
1.92
20/03/2015
0.36
20/12/2013
2.53
20/03/2013
0.99

Holding Type Holding %
CARE A1+
1.30
CARE AAA
0.89
Cash
3.24
CRISIL AAA
59.78
CRISIL AAA(SO)
1.26
Derivatives
0.00
FITCH AAA
1.98
FITCH AAA(SO)
3.50
ICRA AAA
10.83
SOVEREIGN
16.96
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 01-Jan-2013 and currently has an AUM of ₹7,634.67 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(0.03%)yesterday to ₹10.9579.

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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