Latest NAV & returns of NIPPON INDIA PRIVATE LTD.

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

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previously known as Nippon India FRF Dir DR until

NAV on June 14, 2024
Category Fixed income:
Floating Rate
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 7,956 cr
Turnover Ratio 108.82%
Expense Ratio 0.31%
Exit Load -
Returns
  • 1M: 0.71%
  • 1Y: 7.56%
  • 3M: 1.96%
  • 3Y: 5.78%
  • 6M: 4.09%
  • 5Y: 7.22%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Anju Chhajer (Since over 4 years) Kinjal Desai (Since about 6 years)
ISIN INF204KA1DV6
Fund Family Nippon India
Launch Date September 26, 2013
Benchmark CRISIL Short Term Bond TR INR
Avg. Maturity 3.43 years
Yield To Maturity (%) 7.80%
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 0.342
Sharpe 0.231
Std Dev 0.908
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
423.679 8.70% 9,728 cr 0.61% Above Average
46.619 8.18% 14,536 cr 0.26% Below Average
328.447 7.79% 12,802 cr 0.23% Low
43.374 7.60% 7,956 cr 0.31% Average
Best Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
423.679 8.70% 9,728 cr 0.61% Above Average
40.446 8.53% 280 cr 0.22% Below Average
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
1197.621 8.39% 250 cr 0.19% -


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