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

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

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Debt
Direct
Floating Rate

NAV: ₹ 10.3 as on 29-09-2023

Fund Performance

About the Fund

Nippon India Floating Rate Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 10 January, 2013. The fund is managed by Kinjal Desai, Anju Chhajer. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Floating Rate Fund Direct Plan Weekly 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.
  2. The fund has an expense ratio 0.3.

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

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹7979 Cr
Inception Date
Inception Date
10 January, 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%

Fund Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Aug'23

Jul'23

Jun'23

Corporate

52.5%

Government

37.8%

Cash Equivalent

8.7%

Securitize

1%

Top Holdings of Nippon India Floating Rate Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl as on (31-Aug-23)

  • Debt & Cash

Debt Holdings60
Holdings
Weight%
1M Change
7.879999999999999% Govt Stock 2028
7.879999999999999% Govt Stock 2028
16.23%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
5.89%
0%
7.93% Govt Stock 2034
7.93% Govt Stock 2034
5.41%
0%
HDB Financial Services 8.04%
HDB Financial Services 8.04%
4.39%
0%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
4.38%
0%

Nippon India Floating Rate Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates

All changes are between Oct'69 and Dec'69

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 8.2K Cr
₹ 7.3K Cr
₹ 7.3K Cr
  • 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

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

Kinjal Desai

Kinjal Desai

Fund Manager of Nippon India Floating Rate Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl, since 25 May 2018
Anju Chhajer

Anju Chhajer

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

Fund Highlights

Risk 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 6.21% since inception which is more than its category average return of 4.93%
AUM size ₹7979 Cr

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%

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 Weekly Payout Inc Dist cum Cap Wdrl is ₹10.26 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Nippon India Floating Rate Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.58%
0.58%
6 Month Returns
4.26%
4.26%
1 Year Returns
7.65%
7.65%
3 Years Returns
18.01%
5.67%
5 Years Returns
38.59%
6.75%
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0.3% as on August 2023
₹7979 Cr as on August 2023
7.879999999999999% Govt Stock 2028(16.23%), Small Industries Development Bank Of India(5.89%), 7.93% Govt Stock 2034(5.41%), HDB Financial Services 8.04%(4.39%), Power Finance Corporation Ltd.(4.38%) 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 Weekly Payout Inc Dist cum Cap Wdrl
The Exit load of Nippon India Floating Rate Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl is 0%