Nippon India Floating Rate Fund Direct Plan Growth Plan
Nippon India Floating Rate Fund Direct Plan Growth Plan

Nippon India Floating Rate Fund Direct Plan Growth Plan

Debt
Direct
Low to Moderate Risk
Floating Rate

NAV: ₹ 37.12 as on 14-10-2021

Fund Overview

Expense ratio
Expense ratio
0.24%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹20566 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
102.11%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
53.6%
Government
40.4%
Cash Equivalent
5%
Securitize
1%

Top Holdings

  • All
  • Debt & Cash
Total Holdings231
Debt Holdings231
7.35% Govt Stock 2024
7.35% Govt Stock 2024
4.7%
State Bank of India
State Bank of India
3.5%
Bajaj Housing Finance Limited
Bajaj Housing Finance Limited
3%
7.68% Govt Stock 2023
7.68% Govt Stock 2023
2.8%
5.22% GOI 2025
5.22% GOI 2025
2.4%
Triparty Repo
Triparty Repo
2.3%
7.32% Govt Stock 2024
7.32% Govt Stock 2024
2.2%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
2%

Fund Highlights

Fund Manager
Fund Manager

Fund Manager

Anju Chhajer,Kinjal Desai
About the fund

About the fund

This fund has delivered an average annual returns of 8.5% since inception which is more than its category average return of 4.74%
Fund Allocations

Fund Allocations

This fund has an allocation of 0% in Equity, 93.5% in Debt and 6.5% in Cash related instruments
AUM size ₹20566 Cr

AUM size ₹20566 Cr

This fund has AUM of ₹20566 Cr which is more than its category average of ₹ 9312 Cr
Expense Ratio 0.24%

Expense Ratio 0.24%

This fund has an expense ratio of 0.24% which is less than its category average expense ratio of 0.63%

AMC details

Fund House
Nippon Life India Asset Management Ltd
Email
customer_care@reliancemutual.com
Phone
+912230994600/30301111
Address
Reliance Capital Asset Management Ltd.,One India Bulls Centre - Tower One,,11th & 12th floor, Jupiter Mills Compound,,Elphinstone Road,
We are a SEBI registered investement advisor