Latest NAV & returns of NIPPON INDIA PRIVATE LTD.

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

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previously known as Nippon India FRF Dir Wk DR until

NAV on March 28, 2023
Category Fixed income:
Floating Rate
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 7,248 cr
Turnover Ratio 85.15%
Expense Ratio 0.27%
Exit Load -
Returns
  • 1M: 0.54%
  • 1Y: 4.48%
  • 3M: 1.43%
  • 3Y: 6.22%
  • 6M: 3.21%
  • 5Y: 6.07%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Anju Chhajer (Since about 3 years) Kinjal Desai (Since almost 5 years) Akshay Sharma (Since 4 months)
ISIN INF204K01E13
Fund Family Nippon India
Launch Date January 10, 2013
Benchmark CRISIL Short Term Bond Fund TR INR
Avg. Maturity 3.11 years
Yield To Maturity (%) 7.73%
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 0.50
Beta 0.94
R-Squared 85.39
Info Ratio 0.68
Tracking Err 0.68
Sortino 2.294
Sharpe 0.953
Std Dev 1.730
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.

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
382.483 6.26% 11,596 cr 0.62% Average
42.282 5.52% 14,759 cr 0.26% Average
1281.165 4.52% 4,686 cr 0.22% High
39.418 4.48% 7,248 cr 0.27% Average
Best Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
382.483 6.26% 11,596 cr 0.62% Average
36.580 5.80% 308 cr 0.21% Low
1281.165 4.52% 4,686 cr 0.22% High
Best Dynamic Asset Allocation Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
10.856 5.59% 221 cr 0.3% -
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
1083.612 5.52% 323 cr 0.16% -


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