Previously Known As : Nippon India Floating Rate Fund
Nippon India Floater Fund Datagrid
Category Floater Fund
BMSMONEY Rank 7
Rating
Growth Option 12-06-2026
NAV ₹47.65(R) +0.11% ₹50.27(D) +0.11%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.27% 7.34% 6.23% 6.99% 7.01%
Direct 5.58% 7.65% 6.55% 7.34% 7.4%
Benchmark
SIP (XIRR) Regular 5.28% 5.24% 6.32% 6.46% 6.54%
Direct 5.59% 5.56% 6.64% 6.79% 6.9%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.49 0.76 0.72 0.43% -0.64
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.04% 0.0% -0.26% 0.73 0.76%
Fund AUM As on: 30/12/2025 8363 Cr
Top Floater Fund
Fund Name Rank Rating
SBI Floating Rate Debt Fund 1
Icici Prudential Floating Interest Fund 2
Hdfc Floating Rate Debt Fund 3

NAV Date: 12-06-2026

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA FLOATING RATE FUND - DAILY IDCW REINVESTMENT Option 10.25
0.0100
0.0800%
NIPPON INDIA FLOATING RATE FUND - WEEKLY IDCW Option 10.27
0.0100
0.1100%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - DAILY IDCW Option 10.27
0.0100
0.0800%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - WEEKLY IDCW Option 10.27
0.0100
0.1100%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - QUARTERLY IDCW Option 11.02
0.0100
0.1100%
NIPPON INDIA FLOATING RATE FUND - QUARTERLY IDCW Option 11.11
0.0100
0.1100%
NIPPON INDIA FLOATING RATE FUND - MONTHLY IDCW Option 11.22
0.0100
0.1100%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - MONTHLY IDCW Option 11.42
0.0100
0.1100%
NIPPON INDIA FLOATING RATE FUND - IDCW Option 21.51
0.0200
0.1100%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - IDCW Option 22.43
0.0300
0.1100%
Nippon India Floating Rate Fund - Growth Plan-Growth Option 47.65
0.0500
0.1100%
Nippon India Floating Rate Fund - Direct Plan Growth Plan - Growth Option 50.27
0.0600
0.1100%

Review Date: 12-06-2026

Beginning of Analysis

In the Floater Fund category, Nippon India Floater Fund is the 4th ranked fund. The category has total 12 funds. The 4 star rating shows a very good past performance of the Nippon India Floater Fund in Floater Fund. The fund has a Jensen Alpha of 0.43% which is lower than the category average of 0.67%, showing poor performance. The fund has a Sharpe Ratio of 1.49 which is lower than the category average of 1.75.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Floater Mutual Funds are a category of debt mutual funds that primarily invest in floating-rate debt instruments. These instruments have interest rates that reset periodically, typically linked to a benchmark rate such as the MIBOR (Mumbai Interbank Offered Rate) or the repo rate. Floater Mutual Funds are ideal for investors looking to minimize interest rate risk while earning stable returns. These funds perform well in a rising interest rate environment and are suitable for conservative investors with a short to medium-term investment horizon. However, they may underperform in a falling interest rate scenario, and investors should carefully assess their financial goals and risk tolerance before investing. Additionally, choosing funds managed by experienced professionals can enhance the potential for better risk-adjusted returns.

Nippon India Floater Fund Return Analysis

  • The fund has given a return of 0.97%, 1.46 and 2.55 in last one, three and six months respectively. In the same period the category average return was 0.82%, 1.45% and 2.92% respectively.
  • Nippon India Floater Fund has given a return of 5.58% in last one year. In the same period the Floater Fund category average return was 5.93%.
  • The fund has given a return of 7.65% in last three years and ranked 9.0th out of twelve funds in the category. In the same period the Floater Fund category average return was 7.82%.
  • The fund has given a return of 6.55% in last five years and ranked 9th out of ten funds in the category. In the same period the Floater Fund category average return was 6.71%.
  • The fund has given a return of 7.4% in last ten years and ranked 2nd out of five funds in the category. In the same period the category average return was 7.36%.
  • The fund has given a SIP return of 5.59% in last one year whereas category average SIP return is 6.04%. The fund one year return rank in the category is 11th in 12 funds
  • The fund has SIP return of 5.56% in last three years and ranks 9th in 12 funds. Icici Prudential Floating Interest Fund has given the highest SIP return (6.03%) in the category in last three years.
  • The fund has SIP return of 6.64% in last five years whereas category average SIP return is 6.78%.

Nippon India Floater Fund Risk Analysis

  • The fund has a standard deviation of 1.04 and semi deviation of 0.76. The category average standard deviation is 1.0 and semi deviation is 0.71.
  • The fund has a Value at Risk (VaR) of 0.0 and a maximum drawdown of -0.26. The category average VaR is -0.16 and the maximum drawdown is -0.21. The fund has a beta of 0.63 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Floater Fund Category
  • Good Performance in Floater Fund Category
  • Poor Performance in Floater Fund Category
  • Very Poor Performance in Floater Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.94
    0.79
    		0.35 | 1.00 2 | 12 Very Good
    3M Return % 1.38
    1.35
    		0.77 | 1.70 8 | 12 Average
    6M Return % 2.40
    2.72
    		2.40 | 3.32 12 | 12 Poor
    1Y Return % 5.27
    5.52
    		4.97 | 6.12 10 | 12 Poor
    3Y Return % 7.34
    7.40
    		6.68 | 7.66 8 | 12 Average
    5Y Return % 6.23
    6.29
    		5.75 | 6.59 8 | 10 Average
    7Y Return % 6.99
    6.66
    		6.00 | 6.99 1 | 7 Very Good
    10Y Return % 7.01
    6.90
    		6.24 | 7.16 4 | 5 Good
    15Y Return % 7.67
    7.41
    		6.44 | 7.85 3 | 4 Average
    1Y SIP Return % 5.28
    5.64
    		5.11 | 6.24 10 | 12 Poor
    3Y SIP Return % 5.24
    5.27
    		4.70 | 5.52 9 | 12 Average
    5Y SIP Return % 6.32
    6.35
    		5.77 | 6.60 8 | 10 Average
    7Y SIP Return % 6.46
    6.38
    		5.74 | 6.67 4 | 7 Good
    10Y SIP Return % 6.54
    6.50
    		6.25 | 6.68 3 | 5 Good
    15Y SIP Return % 7.11
    6.95
    		6.30 | 7.27 2 | 4 Good
    Standard Deviation 1.04
    1.00
    		0.58 | 2.38 9 | 12 Average
    Semi Deviation 0.76
    0.71
    		0.42 | 1.65 10 | 12 Poor
    Max Drawdown % -0.26
    -0.21
    		-0.90 | 0.00 8 | 12 Average
    VaR 1 Y % 0.00
    -0.16
    		-1.91 | 0.00 11 | 12 Poor
    Average Drawdown % -0.26
    -0.17
    		-0.46 | 0.00 8 | 12 Average
    Sharpe Ratio 1.49
    1.75
    		0.65 | 2.63 7 | 12 Average
    Sterling Ratio 0.72
    0.73
    		0.67 | 0.76 8 | 12 Average
    Sortino Ratio 0.76
    1.10
    		0.32 | 2.43 8 | 12 Average
    Jensen Alpha % 0.43
    0.67
    		-0.53 | 1.45 9 | 12 Average
    Treynor Ratio -0.64
    -0.91
    		-1.72 | -0.37 3 | 12 Very Good
    Modigliani Square Measure % 7.53
    7.87
    		6.48 | 8.99 7 | 12 Average
    Alpha % -0.19
    -0.28
    		-0.83 | 0.08 7 | 12 Average
    Return data last Updated On : June 12, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.97 0.82 0.41 | 1.02 3 | 12 Very Good
    3M Return % 1.46 1.45 0.95 | 1.86 7 | 12 Average
    6M Return % 2.55 2.92 2.55 | 3.40 12 | 12 Poor
    1Y Return % 5.58 5.93 5.26 | 6.77 10 | 12 Poor
    3Y Return % 7.65 7.82 7.16 | 8.26 9 | 12 Average
    5Y Return % 6.55 6.71 6.26 | 7.17 9 | 10 Average
    7Y Return % 7.34 7.13 6.65 | 7.62 2 | 7 Very Good
    10Y Return % 7.40 7.36 6.94 | 7.78 2 | 5 Very Good
    1Y SIP Return % 5.59 6.04 5.40 | 6.68 11 | 12 Poor
    3Y SIP Return % 5.56 5.68 5.17 | 6.03 9 | 12 Average
    5Y SIP Return % 6.64 6.78 6.26 | 7.19 8 | 10 Average
    7Y SIP Return % 6.79 6.84 6.29 | 7.27 5 | 7 Average
    10Y SIP Return % 6.90 6.96 6.72 | 7.28 4 | 5 Good
    Standard Deviation 1.04 1.00 0.58 | 2.38 9 | 12 Average
    Semi Deviation 0.76 0.71 0.42 | 1.65 10 | 12 Poor
    Max Drawdown % -0.26 -0.21 -0.90 | 0.00 8 | 12 Average
    VaR 1 Y % 0.00 -0.16 -1.91 | 0.00 11 | 12 Poor
    Average Drawdown % -0.26 -0.17 -0.46 | 0.00 8 | 12 Average
    Sharpe Ratio 1.49 1.75 0.65 | 2.63 7 | 12 Average
    Sterling Ratio 0.72 0.73 0.67 | 0.76 8 | 12 Average
    Sortino Ratio 0.76 1.10 0.32 | 2.43 8 | 12 Average
    Jensen Alpha % 0.43 0.67 -0.53 | 1.45 9 | 12 Average
    Treynor Ratio -0.64 -0.91 -1.72 | -0.37 3 | 12 Very Good
    Modigliani Square Measure % 7.53 7.87 6.48 | 8.99 7 | 12 Average
    Alpha % -0.19 -0.28 -0.83 | 0.08 7 | 12 Average
    Return data last Updated On : June 12, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Nippon India Floater Fund NAV Regular Growth Nippon India Floater Fund NAV Direct Growth
    12-06-2026 47.6456 50.2723
    11-06-2026 47.5926 50.2159
    10-06-2026 47.63 50.2549
    09-06-2026 47.5956 50.2183
    08-06-2026 47.481 50.0969
    05-06-2026 47.3868 49.9963
    04-06-2026 47.2421 49.8432
    03-06-2026 47.2079 49.8068
    02-06-2026 47.2224 49.8217
    01-06-2026 47.1962 49.7936
    29-05-2026 47.1742 49.7691
    27-05-2026 47.1249 49.7163
    26-05-2026 47.101 49.6907
    25-05-2026 47.0943 49.6832
    22-05-2026 47.0285 49.6125
    21-05-2026 47.0017 49.5839
    20-05-2026 47.042 49.626
    19-05-2026 47.0719 49.6571
    18-05-2026 47.0648 49.6493
    15-05-2026 47.1501 49.738
    14-05-2026 47.1919 49.7817
    13-05-2026 47.1967 49.7864
    12-05-2026 47.2011 49.7906

    Fund Launch Date: 23/Aug/2004
    Fund Category: Floater Fund
    Investment Objective: The fund intends to maintain duration of 3 - 3.5 years. 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.
    Fund Description: An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives)
    Fund Benchmark: CRISIL Short Term Bond Fund Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.