(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 2023 was 7.2% , 2022 was 3.8% and 2021 was 3.7% . NAV as on 26 Jul 24 ₹41.7845 ↑ 0.04 (0.09 %) Net Assets (AUM) as on 30 Jun 2024 ₹7,823 Cr. Launch Date 27 Aug 2004 Category Debt - Floating Rate Rating ☆☆☆ Type Open Ended Fund Risk Moderately Low Yield To Maturity 7.9% Effective Maturity 3 Years 6 Months 22 Days Modified Duration 2 Years 9 Months 7 Days Alpha Ratio 0.0 Expense Ratio 0.6 % Sharpe Ratio 0.784 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
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 26 Jul 24 Duration Returns 1 Month 0.7% 3 Month 2.1% 6 Month 4.1% 1 Year 7.5% 3 Year 5.7% 5 Year 6.8% 10 Year 15 Year Since launch 7.4% Historical Annual Returns
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 Jun 19 ₹10,000 30 Jun 20 ₹11,135 30 Jun 21 ₹11,802 30 Jun 22 ₹12,170 30 Jun 23 ₹12,976 30 Jun 24 ₹13,928 Asset Allocation
Asset Class Value Cash 5.57% Debt 94.17% Other 0.26% Sector Allocation
Sector Value Corporate 61.41% Government 33.99% Cash Equivalent 4.35% Rating Value AAA 100% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 7.72% Govt Stock 2028
Sovereign Bonds | -8% ₹597 Cr 59,500,000 HDB Financial Services 8.04%
Debentures | -4% ₹349 Cr 3,500 Small Industries Development Bank Of India
Debentures | -4% ₹326 Cr 32,500 8% Govt Stock 2034
Sovereign Bonds | -4% ₹306 Cr 30,500,000 Jamnagar Utilities & Power Private Limited
Debentures | -3% ₹272 Cr 2,800 Indian Railway Finance Corporation Limited
Debentures | -3% ₹251 Cr 25,000 Rural Electrification Corporation Limited
Debentures | -3% ₹251 Cr 25,000 Power Finance Corporation Ltd.
Debentures | -3% ₹220 Cr 22,000 National Bank For Agriculture And Rural Development
Debentures | -3% ₹211 Cr 21,000 State Bank Of India
Debentures | -3% ₹210 Cr 2,150
Talk to our investment specialistFund Managers
Name Since Tenure Anju Chhajer 1 Feb 20 4.42 Yr. Kinjal Desai 25 May 18 6.11 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 ₹41.7845
↑ 0.04 4.1 % 7.46 % 5.69 % 6.81 % Nippon India Floating Rate Fund
Quarterly Dividend, Payout ₹10.9684
↑ 0.01 0.62 % 1.02 % 1.99 % 4.18 % Nippon India Floating Rate Fund
Quarterly Dividend, Reinvestment ₹10.9684
↑ 0.01 0.62 % 1.02 % 1.99 % 4.18 % Nippon India Floating Rate Fund
Monthly Dividend, Payout ₹11.0891
↑ 0.01 0.35 % 0.35 % 1.04 % 3.69 % Nippon India Floating Rate Fund
Monthly Dividend, Reinvestment ₹11.0891
↑ 0.01 0.35 % 0.35 % 1.04 % 3.69 % Nippon India Floating Rate Fund
Normal Dividend, Payout ₹18.8666
↑ 0.02 4.88 % 10.42 % 8.79 % 9.03 % Nippon India Floating Rate Fund
Normal Dividend, Reinvestment ₹18.8666
↑ 0.02 4.88 % 10.42 % 8.79 % 9.03 % Data as on 26 Jul 24