Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl
Debt
Direct
Floating Rate
NAV: ₹ 10.9 as on 21-09-2023
Fund Performance
About the Fund
Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 17 January, 2013. The fund is managed by Kinjal Desai, Anju Chhajer. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl has ₹7979 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl Overview
 | 0.3% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹7979 Cr |
 | 17 January, 2013 |
 | ₹5000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 108.82% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
52.5%
Government
37.8%
Cash Equivalent
8.7%
Securitize
1%
Top Holdings of Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl as on (31-Aug-23)
Debt Holdings60
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.879999999999999% Govt Stock 2028 | 15.81% | 0% | |
Small Industries Development Bank Of India | 5.77% | 0% | |
7.93% Govt Stock 2034 | 5.25% | 0% | |
Power Finance Corporation Ltd. | 4.29% | 0% | |
HDB Financial Services 8.04% | 4.29% | 0% |
See all
Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 8.2K Cr as of Aug'23
- AUM increased by 908 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl Fund Manager
Kinjal Desai
Fund Manager of Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl, since 25 May 2018
Top funds managed
Anju Chhajer
Fund Manager of Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl, since 1 February 2020
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.01% since inception which is more than its category average return of 4.96%
AUM size ₹7979 Cr
This fund has AUM of ₹7979 Cr which is more than its category average of ₹ 5473 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% 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 Quarterly Payout Inc Dist cum Cap Wdrl is ₹10.86 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.78% | 0.78% |
6 Month Returns | 4.34% | 4.34% |
1 Year Returns | 7.37% | 7.37% |
3 Years Returns | 17.75% | 5.6% |
5 Years Returns | 34.66% | 6.13% |
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.
0.3% as on August 2023
₹7979 Cr as on August 2023
7.879999999999999% Govt Stock 2028(15.81%), Small Industries Development Bank Of India(5.77%), 7.93% Govt Stock 2034(5.25%), HDB Financial Services 8.04%(4.29%), Power Finance Corporation Ltd.(4.29%) as on August 2023
Corporate(53.36%), Government(38.14%), Cash Equivalent(7.44%) as on August 2023
Yield to Maturity is 7.6 as on August 2023. 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 2.69 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Kinjal Desai, Anju Chhajer are the fund managers of Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl
The Exit load of Nippon India Floating Rate Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl is 0%