Nippon India Floating Rate Fund Overview
Category Floater Fund
BMSMONEY Rank 8
BMSMONEY Rating
Gro. Opt. As On: 09-12-2024
NAV ₹43.08(R) +0.05% ₹45.25(D) +0.05%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 8.35% 6.28% 6.82% 6.9% 7.24%
LumpSum (D) 8.66% 6.61% 7.17% 7.29% 7.66%
SIP (R) -7.77% 5.66% 6.04% 6.6% 6.85%
SIP (D) -7.5% 5.99% 6.37% 6.95% 7.23%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.62 -0.21 0.6 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.88% 0.0% -0.34% - 0.68%
Top Floater Fund
Fund Name Rank Rating
Axis Floater Fund 1
DSP Floater Fund 2
Hdfc Floating Rate Debt Fund 3

NAV Date: 09-12-2024

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA FLOATING RATE FUND - DAILY IDCW REINVESTMENT Option 10.31
0.0000
-0.0100%
NIPPON INDIA FLOATING RATE FUND - WEEKLY IDCW Option 10.33
0.0100
0.0500%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - WEEKLY IDCW Option 10.33
0.0100
0.0500%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - DAILY IDCW Option 10.34
0.0000
-0.0100%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - QUARTERLY IDCW Option 10.99
0.0100
0.0500%
NIPPON INDIA FLOATING RATE FUND - QUARTERLY IDCW Option 11.1
0.0100
0.0500%
NIPPON INDIA FLOATING RATE FUND - MONTHLY IDCW Option 11.13
0.0100
0.0500%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - MONTHLY IDCW Option 11.33
0.0100
0.0500%
NIPPON INDIA FLOATING RATE FUND - IDCW Option 19.45
0.0100
0.0500%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - IDCW Option 20.19
0.0100
0.0500%
Nippon India Floating Rate Fund - Growth Plan-Growth Option 43.08
0.0200
0.0500%
Nippon India Floating Rate Fund - Direct Plan Growth Plan - Growth Option 45.25
0.0200
0.0500%

Review Date: 09-12-2024

Nippon India Floating Rate Fund has shown poor performance in the Floater Fund category. The fund has rank of 8 out of 12 funds in the category. The fund has delivered return of 8.35% in 1 year, 6.28% in 3 years, 6.82% in 5 years and 7.24% in 10 years. The category average for the same periods is 8.34%, 6.42%, 6.42% and 7.08% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 0.88, VaR of 0.0, Average Drawdown of -0.34, Semi Deviation of 0.68 and Max Drawdown of -0.34. The category average for the same parameters is 0.93, -0.14, -0.22, 0.72 and -0.26 respectively. The fund has average 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 ₹10866.0 in 1 year, ₹12117.0 in 3 years and ₹14140.0 in 5 years as of today (09-12-2024).
  2. An SIP of ₹1,000 per month in Nippon India Floating Rate Fund direct growth option would have grown to ₹11507.0 in 1 year, ₹39429.0 in 3 years and ₹70483.0 in 5 years as of today (09-12-2024).
  3. standard deviation of 0.88 and based on VaR one can expect to lose more than 0.0% of current value of fund in one year.
  4. Sharpe ratio of the fund is -0.62 which shows average performance of fund in the floater fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.56
0.53
0.35 | 0.69 5 | 12 Good
3M Return % 2.10
1.97
1.74 | 2.27 4 | 12 Good
6M Return % 4.32
4.27
3.45 | 5.10 5 | 12 Good
1Y Return % 8.35
8.34
7.08 | 10.17 3 | 12 Very Good
3Y Return % 6.28
6.42
5.75 | 7.00 9 | 12 Average
5Y Return % 6.82
6.42
5.61 | 6.83 2 | 7 Very Good
7Y Return % 6.90
6.76
6.15 | 7.02 2 | 5 Very Good
10Y Return % 7.24
7.08
6.14 | 7.42 3 | 5 Good
15Y Return % 7.63
7.31
6.18 | 7.80 3 | 4 Average
1Y SIP Return % -7.77
-7.86
-9.05 | -6.63 3 | 12 Very Good
3Y SIP Return % 5.66
5.74
4.83 | 6.48 7 | 12 Average
5Y SIP Return % 6.04
5.95
5.19 | 6.30 5 | 7 Average
7Y SIP Return % 6.60
6.45
5.95 | 6.68 2 | 5 Very Good
10Y SIP Return % 6.85
6.70
6.05 | 6.97 2 | 5 Very Good
15Y SIP Return % 7.36
7.10
6.20 | 7.51 2 | 4 Good
Standard Deviation 0.88
0.93
0.60 | 1.66 8 | 12 Average
Semi Deviation 0.68
0.72
0.45 | 1.14 7 | 12 Average
Max Drawdown % -0.34
-0.26
-0.72 | 0.00 9 | 12 Average
VaR 1 Y % 0.00
-0.14
-0.75 | 0.00 9 | 12 Average
Average Drawdown % -0.34
-0.22
-0.72 | 0.00 11 | 12 Poor
Sharpe Ratio -0.62
-0.55
-1.67 | 0.01 9 | 12 Average
Sterling Ratio 0.60
0.62
0.57 | 0.66 9 | 12 Average
Sortino Ratio -0.21
-0.17
-0.46 | 0.01 9 | 12 Average
Return data last Updated On : Dec. 9, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.59 0.56 0.39 | 0.73 5 | 12
3M Return % 2.18 2.07 1.79 | 2.34 5 | 12
6M Return % 4.47 4.47 3.67 | 5.28 6 | 12
1Y Return % 8.66 8.77 7.57 | 10.55 6 | 12
3Y Return % 6.61 6.85 6.27 | 7.40 9 | 12
5Y Return % 7.17 6.90 6.29 | 7.38 3 | 7
7Y Return % 7.29 7.22 6.84 | 7.60 2 | 5
10Y Return % 7.66 7.56 6.88 | 8.02 2 | 5
1Y SIP Return % -7.50 -7.50 -8.65 | -6.30 6 | 12
3Y SIP Return % 5.99 6.17 5.34 | 6.87 8 | 12
5Y SIP Return % 6.37 6.42 5.76 | 6.89 5 | 7
7Y SIP Return % 6.95 6.91 6.68 | 7.29 2 | 5
10Y SIP Return % 7.23 7.17 6.76 | 7.59 2 | 5
Standard Deviation 0.88 0.93 0.60 | 1.66 8 | 12
Semi Deviation 0.68 0.72 0.45 | 1.14 7 | 12
Max Drawdown % -0.34 -0.26 -0.72 | 0.00 9 | 12
VaR 1 Y % 0.00 -0.14 -0.75 | 0.00 9 | 12
Average Drawdown % -0.34 -0.22 -0.72 | 0.00 11 | 12
Sharpe Ratio -0.62 -0.55 -1.67 | 0.01 9 | 12
Sterling Ratio 0.60 0.62 0.57 | 0.66 9 | 12
Sortino Ratio -0.21 -0.17 -0.46 | 0.01 9 | 12
Return data last Updated On : Dec. 9, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.05 ₹ 10,005.00 0.05 ₹ 10,005.00
1W 0.15 ₹ 10,015.00 0.16 ₹ 10,016.00
1M 0.56 ₹ 10,056.00 0.59 ₹ 10,059.00
3M 2.10 ₹ 10,210.00 2.18 ₹ 10,218.00
6M 4.32 ₹ 10,432.00 4.47 ₹ 10,447.00
1Y 8.35 ₹ 10,835.00 8.66 ₹ 10,866.00
3Y 6.28 ₹ 12,005.00 6.61 ₹ 12,117.00
5Y 6.82 ₹ 13,911.00 7.17 ₹ 14,140.00
7Y 6.90 ₹ 15,953.00 7.29 ₹ 16,361.00
10Y 7.24 ₹ 20,123.00 7.66 ₹ 20,915.00
15Y 7.63 ₹ 30,119.00 ₹

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 -7.77 ₹ 11,488.91 -7.50 ₹ 11,506.81
3Y ₹ 36000 5.66 ₹ 39,239.06 5.99 ₹ 39,429.43
5Y ₹ 60000 6.04 ₹ 69,894.96 6.37 ₹ 70,483.26
7Y ₹ 84000 6.60 ₹ 106,228.67 6.95 ₹ 107,592.07
10Y ₹ 120000 6.85 ₹ 170,676.12 7.23 ₹ 174,169.44
15Y ₹ 180000 7.36 ₹ 322,408.26 ₹


Date Nippon India Floating Rate Fund NAV Regular Growth Nippon India Floating Rate Fund NAV Direct Growth
09-12-2024 43.0804 45.254
06-12-2024 43.0586 45.23
05-12-2024 43.0764 45.2484
04-12-2024 43.0557 45.2262
03-12-2024 43.0312 45.2001
02-12-2024 43.0138 45.1815
29-11-2024 42.965 45.1292
28-11-2024 42.9334 45.0956
27-11-2024 42.9253 45.0868
26-11-2024 42.9306 45.0919
25-11-2024 42.9237 45.0843
22-11-2024 42.8993 45.0576
21-11-2024 42.8985 45.0564
19-11-2024 42.8909 45.0477
18-11-2024 42.8808 45.0368
14-11-2024 42.8468 44.9997
13-11-2024 42.8449 44.9973
12-11-2024 42.8464 44.9985
11-11-2024 42.8392 44.9905

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.