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

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

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Debt
Direct
Floating Rate
NAV: ₹ 19.27 as on 24-05-2024

About the Fund

Nippon India Floating Rate Fund Direct Plan Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 26 September, 2013. The fund is managed by Anju Chhajer, Kinjal Desai. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Floating Rate Fund Direct Plan Payout Inc Dist cum Cap Wdrl has ₹7966 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance

Overview

Expense ratio
Expense ratio
0.31%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹7966 Cr
Inception Date
Inception Date
26 September, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
108.82%

Nippon India Floating Rate Fund Direct Plan Payout Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
64.4%
Government
32%
Cash Equivalent
3.5%

Top Holdings of Nippon India Floating Rate Fund Direct Plan Payout Inc Dist cum Cap Wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings81
Holdings
Weight%
1M Change
7.72% Govt Stock 2028
7.72% Govt Stock 2028
7.47%
0%
HDB Financial Services 8.04%
HDB Financial Services 8.04%
4.37%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.08%
0%
8% Govt Stock 2034
8% Govt Stock 2034
3.83%
0%
Tata Capital Housing Finance Limited
Tata Capital Housing Finance Limited
3.76%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 7.9K Cr
₹ 7.9K Cr
₹ 7.8K Cr
  • AUM of the fund stands at 7.9K Cr as of Apr'24
  • AUM increased by 3.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Anju Chhajer
Anju Chhajer
Fund Manager of Nippon India Floating Rate Fund Direct Plan Payout Inc Dist cum Cap Wdrl, since 1 February 2020
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Floating Rate Fund Direct Plan Payout Inc Dist cum Cap Wdrl, since 25 May 2018

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

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.5% since inception which is more than its category average return of 5.1%
AUM size ₹7966 Cr

AUM size ₹7966 Cr

This fund has AUM of ₹7966 Cr which is more than its category average of ₹ 4697 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% 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 Payout Inc Dist cum Cap Wdrl is ₹19.27 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
Nippon India Floating Rate Fund Direct Plan Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.74%
0.74%
6 Month Returns
4.09%
4.09%
1 Year Returns
7.49%
7.49%
3 Years Returns
18.45%
5.81%
5 Years Returns
41.88%
7.25%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.31% as on April 2024
₹7966 Cr as on April 2024
7.72% Govt Stock 2028(7.47%), HDB Financial Services 8.04%(4.37%), Small Industries Development Bank Of India(4.08%), 8% Govt Stock 2034(3.83%), Tata Capital Housing Finance Limited(3.76%) as on April 2024
Corporate(62.73%), Government(33.12%), Cash Equivalent(4.16%) as on April 2024
Yield to Maturity is 7.83 as on April 2024. 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 2.51 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Anju Chhajer, Kinjal Desai are the fund managers of Nippon India Floating Rate Fund Direct Plan Payout Inc Dist cum Cap Wdrl
The Exit load of Nippon India Floating Rate Fund Direct Plan Payout Inc Dist cum Cap Wdrl is 0%