Latest NAV & returns of NIPPON INDIA PRIVATE LTD.

Nippon India Floating Rate Fund Direct Plan Quarterly Dividend Reinvestment Plan

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previously known as Reliance FRF Dir Qt DR until

NAV on November 27, 2019
Category Fixed income:
Floating Rate
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,842 cr
Turnover Ratio 83.84%
Expense Ratio 0.15%
Exit Load 0.50%if redeemed within
1 Months
0.00%if redeemed after 1 Months
Returns
  • 1M: 0.77%
  • 1Y: 6.17%
  • 3M: 1.40%
  • 3Y: 4.55%
  • 6M: 3.36%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Amit Tripathi (Since about 12 years) Vivek Sharma (Since about 6 years) Kinjal Desai (Since over 1 year)
ISIN INF204K01D06
Fund Family Nippon India
Launch Date January 17, 2013
Benchmark CRISIL Short Term Bond Fund TR INR
Avg. Maturity 0.91 years
Yield To Maturity (%) 7.26%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 94.34%
AA 5.66%
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 -2.37
Beta 0.93
R-Squared 45.93
Info Ratio -1.78
Tracking Err 1.59
Sortino 0.905
Sharpe 0.627
Std Dev 2.187
Risk High
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.

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Top Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
31.931 10.11% 5,842 cr 0.15% High
309.099 9.66% 7,444 cr 0.57% Above Average
246.810 9.40% 6,784 cr 0.16% Above Average
34.616 9.16% 9,533 cr 0.23% Above Average
Best Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
31.931 10.11% 5,842 cr 0.15% High
309.099 9.66% 7,444 cr 0.57% Above Average
246.810 9.40% 6,784 cr 0.16% Above Average
34.616 9.16% 9,533 cr 0.23% Above Average


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