Nippon India Floating Rate Fund – Direct Growth

Debt · Floater
 · ★★★
₹ 100
Min SIP
₹ 5,000
Min Lumpsum
0.3 %
Expense Ratio
★★★
Rating
7,252
Fund Size (in Cr)
12 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 August 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 7% 5.5% 7.4% 7.9%
Category Average 9.1% 20.5% 12.5% -

Scheme Allocation

By Holding
By Sector
By Asset
Tata Cap.Hsg.
4.74%
ICICI Home Fin
2.96%
H D F C
2.96%
Tata Capital
2.58%
TREPS
2%
Others
84.76%
View all Holdings
Holdings Sector Instrument Asset
Tata Cap.Hsg. - - 4.74%
ICICI Home Fin - - 2.96%
H D F C - - 2.96%
Tata Capital - - 2.58%
TREPS - - 2%
Reliance Industr - - 1.78%
St Bk of India - - 1.77%
LIC Housing Fin. - - 1.18%
Deutsche Bank - - 1.18%
HDB FINANC SER - - 0.58%
Bajaj Housing - - 0.46%
First Business Receivables Trust - - 0.3%
Kotak Securities - - 0.3%
S I D B I - - 0.29%
Nabha Power - - 0.29%
HDFC Bank - - 0.29%
Axis Finance - - 0.29%
Net CA & Others - - 0.18%
GSEC2023 - - 0.07%
Power Fin.Corpn. - - 0.06%
GSEC2060 - - 0.06%
N A B A R D - - 0.04%
Jamnagar Utiliti - - 0.04%
Bajaj Finance - - 0.01%
L&T Metro Rail - - 0.01%
C C I - - 0.01%
Sundaram Finance - - 0%
GSEC - - 0%
Interest Rate Swaps Pay Floating Receive Fix - - -0%
Others
100%
View all Sectors
Sectors Asset
Non Convertable Debenture
57.77%
Govt Securities / Sovereign
22.86%
Net Curr Ass/Net Receivables
7.95%
Certificate of Deposit
5.89%
Reverse Repos
2.63%
Others
2.9%
View all Assets
Assets Asset
Non Convertable Debenture 57.77%
Govt Securities / Sovereign 22.86%
Net Curr Ass/Net Receivables 7.95%
Certificate of Deposit 5.89%
Reverse Repos 2.63%
Pass Through Certificates 1.53%
Commercial Paper 1.33%
Cash & Cash Equivalents 0.03%
Derivatives 0.02%

Advance Ratio

0.35
Alpha
0.47
SD
0.06
Beta
0.96
Sharpe

Exit Load

Exit Load Nil

Fund 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.

Fund Managers

Anju Chhajer

Ms Anju Chhajer joined Nippon India Mutual Fund in September 2007 as Senior Fund Manager after leaving National Insurance Co. Ltd as a Treasury Incharge from 1997 to 2007. She holds a B.Com degree and is a Chartered Accountant. Her total experience spans over sixteen (16) years in financial services. She manages the Nippon India Japan Equity Fund.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Nippon India Mutual Fund
AUM:
3,15,854 Cr
Address:
4th Floor, Tower A, Peninsula Busines -s Park, Ganapatrao Kadam Marg Lower Parel (W), Mumbai - 400013.
Contact:
022-68087000/1860260111
Email ID:
customercare@nipponindiaim.in

More Funds from Nippon India Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

Frequently Asked Questions

How to invest in Nippon India Floating Rate Fund – Direct Growth ?

You can invest in Nippon India Floating Rate Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Nippon India Floating Rate Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Nippon India Floating Rate Fund – Direct Growth ?

The NAV of Nippon India Floating Rate Fund – Direct Growth is ₹40.7 as of 18 August 2023.

How to redeem Nippon India Floating Rate Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Nippon India Floating Rate Fund – Direct Growth?

The minimum SIP amount of Nippon India Floating Rate Fund – Direct Growth is ₹100

How can I redeem my investments in Nippon India Floating Rate Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Nippon India Floating Rate Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

How much returns have Nippon India Floating Rate Fund – Direct Growth generated ?

The Nippon India Floating Rate Fund – Direct Growth has delivered 7.9% since inception

What is the expense ratio of Nippon India Floating Rate Fund – Direct Growth ?

The expense ratio of Nippon India Floating Rate Fund – Direct Growth is 0.3 % as of 18 August 2023.

What is the AUM of Nippon India Floating Rate Fund – Direct Growth?

The AUM of Nippon India Floating Rate Fund – Direct Growth is ₹3,15,854 Cr as of 18 August 2023

What are the top stock holdings of Nippon India Floating Rate Fund – Direct Growth?

The top stock holdings of Nippon India Floating Rate Fund – Direct Growth are
  1. GSEC - 6.49%
  2. S I D B I - 6.47%
  3. Bajaj Finance - 6.4%
  4. GSEC - 5.01%
  5. Power Fin.Corpn. - 4.75%

Can I make investments in both the SIP and Lump Sum schemes of Nippon India Floating Rate Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Nippon India Floating Rate Fund – Direct Growth based on your investment objective and risk tolerance.
Invest Now
Start Investing Now!

Open Free Demat Account in 5 mins

Please enter mobile number