(Erstwhile Reliance Floating Rate Fund - Short Term Plan) Table of Contents 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 Below is the key information for Nippon India Floating Rate Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis Nippon India Floating Rate Fund - G
Scheme Objective
CAGR
return of 7.4% since its launch. Ranked 32 in Floating Rate
category. Return for 2022 was 3.8% , 2021 was 3.7% and 2020 was 11.3% . NAV as on 31 Mar 23 ₹37.8049 ↑ 0.04 (0.12 %) Net Assets (AUM) as on 28 Feb 2023 ₹7,288 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 1 Month 10 Days Modified Duration 2 Years 3 Months 29 Days Alpha Ratio -0.65 Expense Ratio 0.58 % Sharpe Ratio -1.826 Information Ratio 0.3 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
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 31 Mar 23 Duration Returns 1 Month 0.8% 3 Month 1.5% 6 Month 3.1% 1 Year 4.3% 3 Year 6% 5 Year 6.7% 10 Year 15 Year Since launch 7.4% Historical Annual Returns
Year Returns 2022 3.8% 2021 3.7% 2020 11.3% 2019 9% 2018 5.8% 2017 5.9% 2016 9% 2015 8.6% 2014 9.8% Growth of 10k Over Years
Date Value 31 Mar 18 ₹10,000 31 Mar 19 ₹10,668 31 Mar 20 ₹11,602 31 Mar 21 ₹12,654 31 Mar 22 ₹13,228 31 Mar 23 ₹13,803 Asset Allocation
Asset Class Value Cash 5.9% Debt 94.1% Sector Allocation
Sector Value Corporate 52.21% Government 40.03% Cash Equivalent 5.9% Securitized 1.86% Rating Value AAA 100% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 7.01 10/4/2028 12:00:00 Am
Sovereign Bonds | -12% ₹862 Cr 87,500,000
↑ 40,000,000 Small Industries Development Bank Of India
Debentures | -7% ₹518 Cr 5,250 Power Finance Corporation Ltd.
Debentures | -6% ₹399 Cr 4,000 HDB Financial Services 8.04%
Debentures | -5% ₹348 Cr 3,500 Tata Capital Housing Finance Limited
Debentures | -4% ₹299 Cr 3,000 Bajaj Finance Limited
Debentures | -4% ₹288 Cr 2,900 Reliance Industries Limited
Debentures | -4% ₹277 Cr 2,750 7.1 4/18/2029 12:00:00 Am
Sovereign Bonds | -4% ₹267 Cr 27,000,000 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -3% ₹251 Cr 25,000,000 Bajaj Housing Finance Limited
Debentures | -3% ₹249 Cr 2,500
Talk to our investment specialistFund Managers
Name Since Tenure Anju Chhajer 1 Feb 20 3.08 Yr. Kinjal Desai 25 May 18 4.77 Yr. Akshay Sharma 1 Dec 22 0.24 Yr. Custodians
Company Address Deutsche Bank AG Deutsche Bank AG,Kodak House, 22, D.N. Road, Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com 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 ₹37.8049
↑ 0.04 3.15 % 4.35 % 5.96 % 6.66 % Nippon India Floating Rate Fund
Quarterly Dividend, Payout ₹10.802
↑ 0.01 0.91 % 2.07 % 5.18 % 4.91 % Nippon India Floating Rate Fund
Quarterly Dividend, Reinvestment ₹10.802
↑ 0.01 0.91 % 2.07 % 5.18 % 4.91 % Nippon India Floating Rate Fund
Monthly Dividend, Payout ₹11.0389
↑ 0.01 0.32 % 0.3 % 4.57 % 4.89 % Nippon India Floating Rate Fund
Monthly Dividend, Reinvestment ₹11.0389
↑ 0.01 0.32 % 0.3 % 4.57 % 4.89 % Nippon India Floating Rate Fund
Normal Dividend, Payout ₹17.07
↑ 0.02 5.04 % 7.14 % 8.05 % 7.92 % Nippon India Floating Rate Fund
Normal Dividend, Reinvestment ₹17.07
↑ 0.02 5.04 % 7.14 % 8.05 % 7.92 % Data as on 31 Mar 23