Nippon India Floating Rate Fund - G

NAV ₹42.5036 ↑ 0.02 (0.04 %) as on 3 Oct 24

(Erstwhile Reliance Floating Rate Fund - Short Term Plan)

Table of Contents

Fund Manager Information
Custodians
Registrar & Transfer Agent (RTA)
Administrator Companies
Auditors

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 2023 was 7.2% , 2022 was 3.8% and 2021 was 3.7% .

Below is the key information for Nippon India Floating Rate Fund

NAV as on 3 Oct 24	₹42.5036 ↑ 0.02 (0.04 %)
Net Assets (AUM) as on 31 Aug 2024	₹7,708 Cr.
Launch Date	27 Aug 2004
Category	Debt - Floating Rate
Rating	☆☆☆
Type	Open Ended Fund
Risk	Moderately Low
Yield To Maturity	7.73%
Effective Maturity	3 Years 8 Months 12 Days
Modified Duration	2 Years 8 Months 23 Days

Alpha Ratio	0.0
Expense Ratio	0.6 %
Sharpe Ratio	1.341
Information Ratio	0.0
Benchmark	Not Available
ISIN	INF204K01CG1
AMC	Nippon Life Asset Management Ltd.
Min Investment	₹5,000
Min SIP Investment	₹100
Exit Load	0-1 Months (0.5%),1 Months and above(NIL)

NAV Price Chart

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 3 Oct 24

Duration	Returns
1 Month	0.9%
3 Month	2.4%
6 Month	4.3%
1 Year	8.1%
3 Year	6%
5 Year	6.9%
10 Year
15 Year
Since launch	7.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.2%
2022	3.8%
2021	3.7%
2020	11.3%
2019	9%
2018	5.8%
2017	5.9%
2016	9%
2015	8.6%

Growth of 10k Over Years

Date	Value
30 Sep 19	₹10,000
30 Sep 20	₹11,054
30 Sep 21	₹11,705
30 Sep 22	₹12,035
30 Sep 23	₹12,907
30 Sep 24	₹13,945

Asset Allocation

Asset Class	Value
Cash	7.13%
Debt	92.61%
Other	0.26%

Sector Allocation

Sector	Value
Corporate	63.96%
Government	29.9%
Cash Equivalent	5.88%

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Holding	Value	Quantity
Small Industries Development Bank Of India Debentures \| -	5%	₹352 Cr	35,000
8% Govt Stock 2034 Sovereign Bonds \| -	4%	₹308 Cr	30,500,000
Jamnagar Utilities & Power Private Limited Debentures \| -	4%	₹273 Cr	2,800
Indian Railway Finance Corporation Limited Debentures \| -	3%	₹253 Cr	25,000
Rural Electrification Corporation Limited Debentures \| -	3%	₹251 Cr	25,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹226 Cr	22,500 ↑ 22,500
Power Finance Corporation Ltd. Debentures \| -	3%	₹221 Cr	22,000
LIC Housing Finance Ltd Debentures \| -	3%	₹217 Cr	2,100
State Bank Of India Debentures \| -	3%	₹211 Cr	2,150
08.37 MP Sdl 2028 Sovereign Bonds \| -	3%	₹209 Cr	20,000,000

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Fund Managers

Name	Since	Tenure
Anju Chhajer	1 Feb 20	4.58 Yr.
Kinjal Desai	25 May 18	6.27 Yr.

Custodians

Company	Address
Deutsche Bank AG	Deutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
Address	138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAX	N.A
Email	N.A

Administrator Companies

Company	Address
Nippon India Mutual Fund	9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

Company	Address
Haribhakti & Co. Chartered Accountants	42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and Plan	NAV	6 Month	1 Year	3 Year	5 Year
Nippon India Floating Rate Fund Growth	₹42.5036 ↑ 0.02	4.27 %	8.09 %	6.02 %	6.88 %
Nippon India Floating Rate Fund Quarterly Dividend, Payout	₹10.9465 ↑ 0.00	4.21 %	7.98 %	5.94 %	6.57 %
Nippon India Floating Rate Fund Quarterly Dividend, Reinvestment	₹10.9465 ↑ 0.00	4.21 %	7.98 %	5.94 %	6.57 %
Nippon India Floating Rate Fund Monthly Dividend, Payout	₹11.122 ↑ 0.00	4.27 %	8.09 %	6.02 %	6.66 %
Nippon India Floating Rate Fund Monthly Dividend, Reinvestment	₹11.122 ↑ 0.00	4.27 %	8.09 %	6.02 %	6.66 %
Nippon India Floating Rate Fund Normal Dividend, Payout	₹19.1913 ↑ 0.01	6.65 %	12.78 %	9.71 %	9.6 %
Nippon India Floating Rate Fund Normal Dividend, Reinvestment	₹19.1913 ↑ 0.01	6.65 %	12.78 %	9.71 %	9.6 %
Data as on 3 Oct 24

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

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