Nippon India Floating Rate Fund - Daily IDCW Reinvestment Option
(Erstwhile Reliance Floating Rate Fund - Daily Dividend Reinvestment Option )
| Category: Debt: Floater |
| Launch Date: 27-08-2004 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Short Duration Debt Index A-II |
| Expense Ratio: 0.65% As on ( 31-05-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 7,808.32 Cr As on ( 30-05-2025) |
| Turn over: |
NAV (₹):
10.4371
₹ -0.01 ( -0.091%)
as on
13-06-2025
CAGR
Since Inception -
6.81%
NIFTY Short Duration Debt Index A-II -
8.31%
Fund Managers
Vikash Agarwal
Investment Objective
The primary objective of the scheme is to generate regular income through investment predominantly in floating rate and money market instruments and fixed rate debt instruments. There is no assurance that the investment objective of the Scheme will be achieved.
PERFORMANCE of Nippon India Floating Rate Fund - Daily IDCW Reinvestment Option
Scheme Performance (%) Data as on - 13-06-2025
| 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
|---|---|---|---|---|---|
| Nippon India Floating Rate Fund - Daily IDCW Reinvestment Option | 12.87 | 10.84 | 9.07 | 7.43 | 6.81 |
| Benchmark | - | - | - | - | - |
| Debt: Floater | 9.04 | 7.75 | 6.52 | 7.18 | 6.96 |
RETURNS CALCULATOR for Nippon India Floating Rate Fund - Daily IDCW Reinvestment Option
Growth of 10000 In SIP (Fund vs Benchmark)
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Growth of 10000 In LUMPSUM (Fund vs Benchmark)
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Rolling Returns
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Key Performance and Risk Statistics of Nippon India Floating Rate Fund - Daily IDCW Reinvestment Option
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Nippon India Floating Rate Fund - Daily IDCW Reinvestment Option | 0.91 | 0.05 | 3.61 | 1.78 | 6.88 | 3.78 |
| Debt: Floater | - | - | - | - | - | - |
PEER COMPARISION
| Scheme Name | Launch Date |
1-Year Ret (%) |
2-Yrs Ret (%) |
3-Yrs Ret (%) |
5-Yrs Ret (%) |
10-Yrs Ret (%) |
|---|---|---|---|---|---|---|
| Nippon India Floating Rate Daily IDCW Reinv | 27-08-2004 | 12.87 | 11.5 | 10.84 | 9.07 | 7.43 |
| Axis Floater Fund Reg Growth | 26-07-2021 | 9.97 | 8.96 | 8.22 | 0.0 | 0.0 |
| DSP Floater Fund Reg Gr | 01-03-2021 | 9.76 | 8.94 | 8.15 | 0.0 | 0.0 |
| Franklin India Floating Rate Gr | 23-04-2001 | 9.44 | 8.57 | 7.93 | 6.28 | 6.33 |
| Nippon India Floating Rate Gr Gr | 27-08-2004 | 9.42 | 8.33 | 7.77 | 6.69 | 7.31 |
| Kotak Floating Rate Reg Gr | 05-05-2019 | 9.4 | 8.39 | 7.83 | 6.91 | 0.0 |
| Bandhan Floating Rate Reg Gr | 18-02-2021 | 9.36 | 8.05 | 7.48 | 0.0 | 0.0 |
| HDFC Floating Rate Debt Fund Gr | 05-10-2007 | 9.06 | 8.47 | 8.02 | 6.89 | 7.43 |
| Tata Floating Rate Fund Reg Gr | 07-07-2021 | 8.91 | 7.95 | 7.42 | 0.0 | 0.0 |
| SBI Floating Rate Debt Reg Gr | 05-10-2020 | 8.66 | 8.4 | 7.76 | 0.0 | 0.0 |
Asset Allocation (%)
PORTFOLIO ANALYSIS of Nippon India Floating Rate Fund - Daily IDCW Reinvestment Option
Portfolio as on