Latest NAV & returns of NIPPON INDIA PRIVATE LTD.

Nippon India Floating Rate Fund Direct Plan Growth Plan

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previously known as Reliance FRF Dir Gr until

NAV on January 25, 2023
Category Fixed income:
Floating Rate
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 7,392 cr
Turnover Ratio 85.15%
Expense Ratio 0.27%
Exit Load -
Returns
  • 1M: 0.58%
  • 1Y: 4.30%
  • 3M: 1.85%
  • 3Y: 6.55%
  • 6M: 2.92%
  • 5Y: 7.12%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Anju Chhajer (Since almost 3 years) Kinjal Desai (Since over 4 years) Akshay Sharma (Since about 2 months)
ISIN INF204K01E05
Fund Family Nippon India
Launch Date January 01, 2013
Benchmark CRISIL Short Term Bond Fund TR INR
Avg. Maturity 2.91 years
Yield To Maturity (%) 7.63%
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 Fund TR INR

Alpha 0.58
Beta 0.94
R-Squared 86.78
Info Ratio 0.75
Tracking Err 0.65
Sortino 3.192
Sharpe 1.250
Std Dev 1.776
Risk Average
INVESTMENT OBJECTIVE

The fund will endeavour to invest in high quality AAA/A1+ rated papers. SEBI restriction of up to 65% investments in floating rate instruments will be taken care through a mix of OIS trades & floating rate instruments.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
377.349 5.05% 12,260 cr 0.62% Average
1266.295 3.91% 5,324 cr 0.22% High
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
1072.539 5.22% 457 cr 0.16% -
Best Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
295.414 5.15% 12,834 cr 0.23% Below Average
377.349 5.05% 12,260 cr 0.62% Average
39.080 4.30% 7,392 cr 0.27% Average
1266.295 3.91% 5,324 cr 0.22% High


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