Nippon India Floating Rate Fund Overview
Category Floater Fund
BMSMONEY Rank 8
BMSMONEY Rating
Gro. Opt. As On: 26-07-2024
NAV ₹41.78(R) +0.09% ₹43.85(D) +0.09%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.54% 5.69% 6.8% 6.7% 7.34%
LumpSum (D) 7.85% 6.02% 7.16% 7.1% 7.77%
SIP (R) 8.03% 6.79% 4.95% 6.03% 6.61%
SIP (D) 8.34% 7.11% 5.28% 6.4% 7.01%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
- - - -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
-% -% -% - -%
Top Floater Fund
Fund Name Rank Rating
ICICI Prudential Floating Interest Fund 1
HDFC Floating Rate Debt Fund 2
SBI Floating Rate Debt Fund 3

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA FLOATING RATE FUND - DAILY IDCW REINVESTMENT Option 10.29
0.0000
0.0400%
NIPPON INDIA FLOATING RATE FUND - WEEKLY IDCW Option 10.3
0.0100
0.0900%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - WEEKLY IDCW Option 10.3
0.0100
0.0900%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - DAILY IDCW Option 10.31
0.0000
0.0300%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - QUARTERLY IDCW Option 10.86
0.0100
0.0900%
NIPPON INDIA FLOATING RATE FUND - QUARTERLY IDCW Option 10.97
0.0100
0.0900%
NIPPON INDIA FLOATING RATE FUND - MONTHLY IDCW Option 11.09
0.0100
0.0900%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - MONTHLY IDCW Option 11.29
0.0100
0.0900%
NIPPON INDIA FLOATING RATE FUND - IDCW Option 18.87
0.0200
0.0900%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - IDCW Option 19.56
0.0200
0.0900%
Nippon India Floating Rate Fund - Growth Plan-Growth Option 41.78
0.0400
0.0900%
Nippon India Floating Rate Fund - Direct Plan Growth Plan - Growth Option 43.85
0.0400
0.0900%

Review Date: 26-07-2024

Nippon India Floating Rate Fund has exhibited poor performance in the Floater Fund category. The fund has rank of 8 out of ten funds in the category. The fund has delivered return of 7.54% in 1 year, 5.69% in 3 years, 6.8% in 5 years and 7.34% in 10 years. The category average for the same periods is 7.77%, 5.85%, 6.39% and 7.12% respectively, which shows good return performance of fund in the category. The fund has high risk in the category.

Key Points:

  1. An investment of ₹10,000 in Nippon India Floating Rate Fund direct growth option would have grown to ₹10785.0 in 1 year, ₹11917.0 in 3 years and ₹14134.0 in 5 years as of today (26-07-2024).
  2. An SIP of ₹1,000 per month in Nippon India Floating Rate Fund direct growth option would have grown to ₹12533.0 in 1 year, ₹40091.0 in 3 years and ₹68567.0 in 5 years as of today (26-07-2024).


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.81
0.83
0.61 | 0.94 9 | 12 Average
3M Return % 2.08
2.17
1.66 | 3.30 8 | 12 Average
6M Return % 4.09
4.18
3.46 | 4.92 8 | 12 Average
1Y Return % 7.54
7.77
6.77 | 8.59 9 | 12 Average
3Y Return % 5.69
5.85
5.29 | 6.22 9 | 11 Average
5Y Return % 6.80
6.39
5.60 | 6.80 1 | 7 Very Good
7Y Return % 6.70
6.64
6.05 | 6.94 4 | 5 Good
10Y Return % 7.34
7.12
6.10 | 7.47 3 | 5 Good
15Y Return % 7.53
11.68
6.05 | 25.42 3 | 4 Average
1Y SIP Return % 8.03
8.27
6.99 | 9.79 8 | 12 Average
3Y SIP Return % 6.79
6.93
6.23 | 7.36 8 | 11 Average
5Y SIP Return % 4.95
4.90
4.17 | 5.26 5 | 7 Average
7Y SIP Return % 6.03
5.93
5.39 | 6.19 3 | 5 Good
10Y SIP Return % 6.61
6.49
5.77 | 6.78 4 | 5 Good
15Y SIP Return % 7.08
7.73
5.98 | 10.60 3 | 4 Average
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.84 0.86 0.65 | 1.00 9 | 12
3M Return % 2.15 2.27 1.78 | 3.38 7 | 12
6M Return % 4.23 4.39 3.71 | 5.10 8 | 12
1Y Return % 7.85 8.20 7.30 | 8.95 8 | 12
3Y Return % 6.02 6.28 5.83 | 6.78 9 | 11
5Y Return % 7.16 6.88 6.31 | 7.47 2 | 7
7Y Return % 7.10 7.10 6.73 | 7.50 3 | 5
10Y Return % 7.77 7.61 6.85 | 8.08 2 | 5
1Y SIP Return % 8.34 8.69 7.51 | 10.17 9 | 12
3Y SIP Return % 7.11 7.36 6.75 | 7.97 8 | 11
5Y SIP Return % 5.28 5.36 4.76 | 5.91 5 | 7
7Y SIP Return % 6.40 6.39 6.11 | 6.83 3 | 5
10Y SIP Return % 7.01 6.96 6.48 | 7.42 2 | 5
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.09 ₹ 10,009.00 0.09 ₹ 10,009.00
1W 0.16 ₹ 10,016.00 0.17 ₹ 10,017.00
1M 0.81 ₹ 10,081.00 0.84 ₹ 10,084.00
3M 2.08 ₹ 10,208.00 2.15 ₹ 10,215.00
6M 4.09 ₹ 10,409.00 4.23 ₹ 10,423.00
1Y 7.54 ₹ 10,754.00 7.85 ₹ 10,785.00
3Y 5.69 ₹ 11,805.00 6.02 ₹ 11,917.00
5Y 6.80 ₹ 13,897.00 7.16 ₹ 14,134.00
7Y 6.70 ₹ 15,746.00 7.10 ₹ 16,160.00
10Y 7.34 ₹ 20,305.00 7.77 ₹ 21,125.00
15Y 7.53 ₹ 29,714.00 ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 8.03 ₹ 12,513.70 8.34 ₹ 12,533.34
3Y ₹ 36000 6.79 ₹ 39,898.58 7.11 ₹ 40,091.40
5Y ₹ 60000 4.95 ₹ 68,000.82 5.28 ₹ 68,567.10
7Y ₹ 84000 6.03 ₹ 104,098.18 6.40 ₹ 105,455.11
10Y ₹ 120000 6.61 ₹ 168,586.92 7.01 ₹ 172,114.44
15Y ₹ 180000 7.08 ₹ 315,103.68 ₹


Date NAV Regular Growth NAV Direct Growth
26-07-2024 41.7845 43.8453
25-07-2024 41.7472 43.8057
24-07-2024 41.7244 43.7814
23-07-2024 41.7181 43.7745
22-07-2024 41.7161 43.7721
19-07-2024 41.6912 43.7449
18-07-2024 41.6827 43.7356
16-07-2024 41.6628 43.7141
15-07-2024 41.6431 43.693
12-07-2024 41.6152 43.6627
11-07-2024 41.6031 43.6497
10-07-2024 41.5877 43.6332
09-07-2024 41.5801 43.6248
08-07-2024 41.5719 43.6159
05-07-2024 41.5376 43.5789
04-07-2024 41.5251 43.5654
03-07-2024 41.5079 43.547
02-07-2024 41.4976 43.5358
01-07-2024 41.4805 43.5176
28-06-2024 41.4629 43.4981
27-06-2024 41.4433 43.4772
26-06-2024 41.4471 43.4808

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.