Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl
Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl

Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl

Debt
Direct
Floating Rate

NAV: ₹ 11.2 as on 27-01-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.5%
1.7%
2.9%
4.3%
6.3%
6.1%
Benchmark
0.7%
1.7%
3.1%
4.3%
5.5%
6%
About the Fund

Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on  15 January, 2013. The fund is managed by Anju Chhajer, Kinjal Desai, Akshay Sharma. This fund is suitable to keep your money safe.

Key parameters

1) Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl has a NAV of 11.2005 as on 27-01-2023.

2) Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl has 7392 Cr worth of assets under management (AUM) as on 30-11-2022 and is more than category average.

3) The fund has an expense ratio 0.27 %.

Fund Overview

Expense ratio
Expense ratio
0.27%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹7392 Cr
Inception Date
Inception Date
15 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
85.15%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Corporate

55.3%

Government

38.1%

Cash Equivalent

4.8%

Securitize

1.8%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings87
Holdings
Weight%
Holdings Trend
1M Change
icon
Small Industries Development Bank Of India
7.37%
0%
icon
Power Finance Corporation Ltd.
5.42%
0%
icon
7.01% Govt Stock 2028
5%
0%
icon
HDB Financial Services 8.04%
4.75%
0%
icon
5.63% Govt Stock 2026
4.68%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 1.1K Cr in last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 7.3K Cr
Nov'22
₹ 8.4K Cr
Oct'22
₹ 8.5K Cr

Fund Returns vs Benchmark

Dec'22
0.54%
0.58%
Nov'22
0.15%
0.28%
Oct'22
0.54%
0.73%
Fund Return
Benchmark Return

Fund Manager

Anju Chhajer

Anju Chhajer

Fund Manager of Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl, since 1 February 2020
Kinjal Desai

Kinjal Desai

Fund Manager of Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl, since 25 May 2018
Akshay Sharma

Akshay Sharma

Fund Manager of Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl, since 1 December 2022

AMC details

Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹2.28L Cr
as on 31-Dec-2022
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Email
customercare@nipponindiaim.in

Fund Highlights

meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7% since inception which is more than its category average return of 4.82%
AUM size ₹7392 Cr

AUM size ₹7392 Cr

This fund has AUM of ₹7392 Cr which is more than its category average of ₹ 5227 Cr
Expense Ratio 0.27%

Expense Ratio 0.27%

This fund has an expense ratio of 0.27% which is less than its category average expense ratio of 0.56%

Frequently Asked Questions

The current NAV of Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl is 11.2 as on 27-Jan-2023.
Existing (Absolute + CAGR)
Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.49%
0.49%
6 Month Returns
2.92%
2.92%
1 Year Returns
4.29%
4.29%
3 Years Returns
20.28%
6.35%
5 Years Returns
34.39%
6.09%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.27 as on December 2022
7392 Cr as on December 2022
Yield to Maturity is 7.63 as on December 2022. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.17 as on December 2022. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Anju Chhajer,Kinjal Desai,Akshay Sharma are the fund managers of Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl
The Exit load of Nippon India Floating Rate Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.