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Fincash » Mutual Funds » Nippon India Floating Rate Fund

Nippon India Floating Rate Fund - G

NAV  ₹45.5711 ↑ 0.02  (0.04 %) as on 18 Jul 25

(Erstwhile Reliance Floating Rate Fund - Short Term Plan)

Scheme Objective

The primary objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of Floating Rate Debt Securities (including floating rate securitized debt, Money Market Instruments and Fixed Rate Debt Instruments swapped for floating rate returns). The scheme shall also invest in Fixed rate Debt Securities (including fixed rate Securitized Debt, Money Market Instruments and Floating Rate Debt Instruments swapped for fixed returns).

Nippon India Floating Rate Fund is a Debt - Floating Rate fund launched on 27 Aug 04. It is a fund with Moderately Low risk and has given a CAGR return of 7.5% since its launch.  Ranked 32 in Floating Rate category.  Return for 2024 was 8.2% , 2023 was 7.2% and 2022 was 3.8% .

Below is the key information for Nippon India Floating Rate Fund

NAV as on 18 Jul 25₹45.5711 ↑ 0.02  (0.04 %)
Net Assets (AUM) as on 31 May 2025 ₹7,811 Cr.
Launch Date27 Aug 2004
CategoryDebt - Floating Rate
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity6.88%
Effective Maturity3 Years 9 Months 11 Days
Modified Duration2 Years 9 Months 25 Days
Alpha Ratio0.0
Expense Ratio0.6 %
Sharpe Ratio2.649
Information Ratio0.0
BenchmarkNot Available
ISININF204K01CG1
AMCNippon Life Asset Management Ltd.
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-1 Months (0.5%),1 Months and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jul 25

DurationReturns
1 Month 0.6%
3 Month 2.2%
6 Month 5.2%
1 Year 9.3%
3 Year 7.8%
5 Year 6.3%
10 Year
15 Year
Since launch 7.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2024 8.2%
2023 7.2%
2022 3.8%
2021 3.7%
2020 11.3%
2019 9%
2018 5.8%
2017 5.9%
2016 9%

Growth of 10k Over Years

DateValue
30 Jun 20₹10,000
30 Jun 21₹10,599
30 Jun 22₹10,929
30 Jun 23₹11,653
30 Jun 24₹12,508
30 Jun 25₹13,682

Asset Allocation

Asset ClassValue
Cash7.99%
Debt91.76%
Other0.26%

Sector Allocation

SectorValue
Corporate66.27%
Government28.57%
Cash Equivalent4.9%
RatingValue
AAA100%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Small Industries Development Bank Of India
Debentures | -
3%₹280 Cr27,500
Jamnagar Utilities & Power Private Limited
Debentures | -
3%₹279 Cr2,800
Indian Railway Finance Corporation Limited
Debentures | -
3%₹257 Cr25,000
National Bank For Agriculture And Rural Development
Debentures | -
3%₹227 Cr22,000
LIC Housing Finance Ltd
Debentures | -
3%₹221 Cr2,100
6.99% Govt Stock 2034
Sovereign Bonds | -
3%₹215 Cr21,000,000
State Bank Of India
Debentures | -
3%₹214 Cr2,150
Tata Capital Limited
Debentures | -
2%₹206 Cr200
Summit Digitel Infrastructure Limited
Debentures | -
2%₹204 Cr20,000
Sundaram Home Finance Limited
Debentures | -
2%₹187 Cr1,488
1 - 10 of 121
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Fund Managers

NameSinceTenure
Vikash Agarwal14 Sep 240.71 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

Administrator Companies

CompanyAddress
Nippon India Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Nippon India Floating Rate Fund
Growth
₹45.5711
↑ 0.02
5.18 %9.33 %7.79 %6.34 %
Nippon India Floating Rate Fund
Quarterly Dividend, Payout
₹11.0193
↑ 0.00
5.06 %9.13 %7.66 %6.26 %
Nippon India Floating Rate Fund
Quarterly Dividend, Reinvestment
₹11.0193
↑ 0.00
5.06 %9.13 %7.66 %6.26 %
Nippon India Floating Rate Fund
Monthly Dividend, Payout
₹11.1754
↑ 0.00
5.14 %9.27 %7.77 %6.33 %
Nippon India Floating Rate Fund
Monthly Dividend, Reinvestment
₹11.1754
↑ 0.00
5.14 %9.27 %7.77 %6.33 %
Nippon India Floating Rate Fund
Normal Dividend, Payout
₹20.5763
↑ 0.01
7.95 %14.78 %12.54 %9.84 %
Nippon India Floating Rate Fund
Normal Dividend, Reinvestment
₹20.5763
↑ 0.01
7.95 %14.78 %12.54 %9.84 %
Data as on 18 Jul 25

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.