Latest NAV & returns of NIPPON INDIA PRIVATE LTD.

Nippon India Floating Rate Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl

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previously known as Nippon India FRF Dir Dl DR until

NAV on March 04, 2024
Category Fixed income:
Floating Rate
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 7,733 cr
Turnover Ratio 108.82%
Expense Ratio 0.31%
Exit Load -
Returns
  • 1M: 0.67%
  • 1Y: 8.12%
  • 3M: 1.99%
  • 3Y: 5.74%
  • 6M: 3.55%
  • 5Y: 6.67%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Anju Chhajer (Since about 4 years) Kinjal Desai (Since almost 6 years)
ISIN INF204K01D71
Fund Family Nippon India
Launch Date January 01, 2013
Benchmark CRISIL Short Term Bond TR INR
Avg. Maturity 3.40 years
Yield To Maturity (%) 8.03%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs CRISIL Short Term Bond TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 0.761
Sharpe 0.464
Std Dev 0.966
Risk Average
INVESTMENT 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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
413.330 8.40% 10,111 cr 0.61% Above Average
42.418 8.15% 7,733 cr 0.31% Average
45.528 8.12% 16,101 cr 0.26% Average
321.073 7.97% 11,727 cr 0.23% Below Average


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