(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 22 Aug 23 ₹39.007 ↓ 0.00 (-0.01 %) Net Assets (AUM) as on 31 Jul 2023 ₹7,253 Cr. Launch Date 27 Aug 2004 Category Debt - Floating Rate Rating ☆☆☆ Type Open Ended Fund Risk Moderately Low Yield To Maturity 7.59% Effective Maturity 3 Years 3 Months 18 Days Modified Duration 2 Years 5 Months 5 Days Alpha Ratio 0.0 Expense Ratio 0.6 % Sharpe Ratio 0.29 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 22 Aug 23 Duration Returns 1 Month 0.5% 3 Month 1.5% 6 Month 4% 1 Year 6.7% 3 Year 5.2% 5 Year 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 Aug 18 ₹10,000 31 Aug 19 ₹10,900 31 Aug 20 ₹12,048 31 Aug 21 ₹12,801 31 Aug 22 ₹13,153 31 Aug 23 ₹14,048 Asset Allocation
Asset Class Value Cash 21.99% Debt 78.01% Sector Allocation
Sector Value Corporate 52.46% Government 37.79% Cash Equivalent 8.72% Securitized 1.03% Rating Value AAA 100% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 7.879999999999999% Govt Stock 2028
Sovereign Bonds | -16% ₹1,290 Cr 129,500,000
↑ 7,500,000 Small Industries Development Bank Of India
Debentures | -6% ₹471 Cr 4,750 7.93% Govt Stock 2034
Sovereign Bonds | -5% ₹428 Cr 43,000,000
↑ 10,500,000 HDB Financial Services 8.04%
Debentures | -4% ₹350 Cr 3,500 Power Finance Corporation Ltd.
Debentures | -4% ₹350 Cr 3,500 State Bank Of India
Debentures | -4% ₹345 Cr 3,550 8.51% Govt Stock 2033
Sovereign Bonds | -4% ₹335 Cr 33,000,000
↑ 28,000,000 Bajaj Housing Finance Limited
Debentures | -4% ₹326 Cr 3,250
↓ -500 Tata Capital Housing Finance Limited
Debentures | -4% ₹301 Cr 3,000 ICICI Home Finance Company Limited
Debentures | -3% ₹240 Cr 2,400
Talk to our investment specialistFund Managers
Name Since Tenure Anju Chhajer 1 Feb 20 3.58 Yr. Kinjal Desai 25 May 18 5.27 Yr. Akshay Sharma 1 Dec 22 0.75 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 ₹39.007
↓ 0.00 3.97 % 6.68 % 5.22 % 7 % Nippon India Floating Rate Fund
Quarterly Dividend, Payout ₹10.8924
↓ 0.00 0.72 % 1.98 % 3.65 % 4.77 % Nippon India Floating Rate Fund
Quarterly Dividend, Reinvestment ₹10.8924
↓ 0.00 0.72 % 1.98 % 3.65 % 4.77 % Nippon India Floating Rate Fund
Monthly Dividend, Payout ₹11.033
↓ -0.05 0.32 % 0.23 % 2.74 % 4.71 % Nippon India Floating Rate Fund
Normal Dividend, Payout ₹17.6128
↓ 0.00 6.36 % 11.05 % 8.02 % 8.7 % Nippon India Floating Rate Fund
Normal Dividend, Reinvestment ₹17.6128
↓ 0.00 6.36 % 11.05 % 8.02 % 8.7 % Nippon India Floating Rate Fund
Monthly Dividend, Reinvestment ₹11.033
↓ -0.05 0.32 % 0.23 % 2.74 % 4.71 % Data as on 22 Aug 23