(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 19 Apr 24 ₹40.8417 ↓ -0.02 (-0.04 %) Net Assets (AUM) as on 31 Mar 2024 ₹7,943 Cr. Launch Date 27 Aug 2004 Category Debt - Floating Rate Rating ☆☆☆ Type Open Ended Fund Risk Moderately Low Yield To Maturity 7.91% Effective Maturity 3 Years 3 Months 18 Days Modified Duration 2 Years 5 Months 23 Days Alpha Ratio 0.0 Expense Ratio 0.6 % Sharpe Ratio 1.297 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 19 Apr 24 Duration Returns 1 Month 0.6% 3 Month 1.9% 6 Month 3.7% 1 Year 7.3% 3 Year 5.5% 5 Year 6.9% 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 31 Mar 19 ₹10,000 31 Mar 20 ₹10,875 31 Mar 21 ₹11,861 31 Mar 22 ₹12,399 31 Mar 23 ₹12,938 31 Mar 24 ₹13,946 Asset Allocation
Asset Class Value Cash 9.24% Debt 90.53% Other 0.24% Sector Allocation
Sector Value Corporate 60.62% Government 33.11% Cash Equivalent 5.66% Securitized 0.37% Rating Value AAA 100% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 7.69% Govt Stock 2028
Sovereign Bonds | -8% ₹593 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 8.1% Govt Stock 2034
Sovereign Bonds | -4% ₹304 Cr 30,500,000 Tata Capital Housing Finance Limited
Debentures | -4% ₹299 Cr 3,000 Jamnagar Utilities & Power Private Limited
Debentures | -3% ₹271 Cr 2,800 Indian Railway Finance Corporation Limited
Debentures | -3% ₹251 Cr 25,000 Rural Electrification Corporation Limited
Debentures | -3% ₹250 Cr 25,000 Bajaj Housing Finance Limited
Debentures | -3% ₹240 Cr 2,400
↓ -600 ICICI Home Finance Company Limited
Debentures | -3% ₹239 Cr 2,400
Talk to our investment specialistFund Managers
Name Since Tenure Anju Chhajer 1 Feb 20 4.17 Yr. Kinjal Desai 25 May 18 5.86 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 ₹40.8417
↓ -0.02 3.68 % 7.33 % 5.54 % 6.86 % Nippon India Floating Rate Fund
Quarterly Dividend, Payout ₹10.895
↓ 0.00 0.62 % 0.21 % 2.4 % 4.45 % Nippon India Floating Rate Fund
Quarterly Dividend, Reinvestment ₹10.895
↓ 0.00 0.62 % 0.21 % 2.4 % 4.45 % Nippon India Floating Rate Fund
Monthly Dividend, Payout ₹11.1049
↓ 0.00 0.36 % -0.05 % 1.72 % 4.09 % Nippon India Floating Rate Fund
Monthly Dividend, Reinvestment ₹11.1049
↓ 0.00 0.36 % -0.05 % 1.72 % 4.09 % Nippon India Floating Rate Fund
Normal Dividend, Payout ₹18.4409
↓ -0.01 5.58 % 11.52 % 9.23 % 9.08 % Nippon India Floating Rate Fund
Normal Dividend, Reinvestment ₹18.4409
↓ -0.01 5.58 % 11.52 % 9.23 % 9.08 % Data as on 19 Apr 24