1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
"This is a fund that invests mainly in bonds whose rate of interest keeps changing with the prevailing interest rates in the economy. Given their investment mandate, such funds are usually less volatile in response to changing interest rates.
They can be a viable option for the fixed-income allocation in your portfolio. However, we believe that retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."
Taxability of earnings:
Capital gains
Dividends
Please wait...
Please wait...
YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Nippon India Floating Rate-G | 0.89 | 0.04 | 0.09 | 0.27 | 0.02 | 0.93 | 2.95 | 6.74 | 6.60 | 7.10 | 7.67 |
CCIL T Bill Liquidity Weight | 0.83 | -0.02 | 0.06 | 0.18 | 0.33 | 0.88 | 1.92 | 2.68 | 3.31 | 3.68 | 4.25 |
Debt: Floater | 0.88 | 0.02 | 0.08 | 0.08 | 0.13 | 0.93 | 2.76 | 5.82 | 6.27 | 6.77 | 7.35 |
Rank within category | 8 | 5 | 8 | 3 | 9 | 9 | 4 | 1 | 2 | 3 | 3 |
Number of funds in category | 12 | 12 | 12 | 12 | 12 | 12 | 10 | 7 | 5 | 5 | 5 |
As on 27-Jun-2022
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Nippon India Floating Rate Fund | Invest Online | Aug-04 | 2.95 | 6.74 | 6.60 | 0.61% | 13,473 | |
HDFC Floating Rate Debt Fund | Invest Online | Oct-07 | 2.96 | 6.14 | 6.59 | 0.48% | 18,174 | |
ICICI Prudential Floating Interest Fund | Invest Now | Nov-05 | 1.61 | 5.80 | 6.12 | 1.33% | 15,667 | |
Aditya Birla Sun Life Floating Rate Fund | Invest Online | Mar-09 | 3.56 | 6.06 | 6.61 | 0.48% | 14,069 | |
Aditya Birla Sun Life Floating Rate Fund - Retail Plan | Invest Online | Jun-03 | 3.56 | 6.06 | 6.61 | 0.28% | 14,069 |
Best Performance | Worst Performance | |||
---|---|---|---|---|
Return (%) | Period | Return (%) | Period | |
Week | 2.64 | 24-Mar-2020 - 31-Mar-2020 | -1.93 | 12-Mar-2020 - 19-Mar-2020 |
Month | 3.79 | 24-Mar-2020 - 23-Apr-2020 | -2.11 | 20-Feb-2020 - 23-Mar-2020 |
Quarter | 6.66 | 26-Mar-2020 - 25-Jun-2020 | -1.15 | 21-May-2013 - 20-Aug-2013 |
Year | 11.88 | 12-Jul-2019 - 13-Jul-2020 | 2.53 | 14-Jun-2021 - 14-Jun-2022 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Nippon India Floating Rate-G | 6.63 | 1.81 | 1.73 | 3.51 | 1.95 | 4.71 |
CCIL T Bill Liquidity Weight | 2.69 | 0.37 | -2.20 | -4.41 | -- | -- |
Debt: Floater | 5.84 | 1.49 | 1.61 | 3.06 | 1.28 | 3.38 |
Rank within category | 1 | 6 | 3 | 3 | 7 | 1 |
Number of funds in category | 7 | 7 | 7 | 7 | 7 | 7 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-May-2022
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 130 | 169 | 130 | 73 |
Modified Duration (yrs) | 1.13 | 1.55 | 1.11 | -- |
Average Maturity (yrs) | 1.51 | 2.16 | 1.51 | -- |
Yield to Maturity (%) | 5.75 | 5.75 | 4.53 | -- |
Avg Credit Rating | AAA | -- | -- | -- |
Please wait...
Company | Instrument | Credit Rating | 1Y Range | % Assets | |
---|---|---|---|---|---|
![]() |
7.35% GOI 22/06/2024 | Central Government Loan | SOV | 4.73 - 7.15 | 7.15 |
![]() |
8.90% State Bank of India | Additional Tier 2 Bond | AAA | 2.18 - 4.64 | 4.64 |
![]() |
5.00% Bajaj Housing Finance 15/09/2023 | Non Convertible Debenture | AAA | 0.00 - 3.59 | 3.38 |
![]() |
Reliance Industries 17/04/2023 | Non Convertible Debenture | AAA | 1.75 - 2.61 | 2.61 |
![]() |
6.79% Tata Capital 28/12/2023 | Non Convertible Debenture | AAA | 1.48 - 2.22 | 2.22 |
![]() |
7.68% GOI 15/12/2023 | GOI Securities | SOV | 2.07 - 3.34 | 2.16 |
![]() |
5.60% Tata Capital Housing Finance 2023 | Non Convertible Debenture | AAA | 1.46 - 2.15 | 2.15 |
![]() |
Reliance Industries 21/09/2023 | Debenture | AAA | 0.00 - 2.12 | 2.12 |
![]() |
7.25% Larsen & Toubro 24/04/2023 | Non Convertible Debenture | AAA | 1.39 - 2.06 | 2.06 |
![]() |
8.50% L&T Finance 17/02/2023 | Debenture | AAA | 1.44 - 2.05 | 1.99 |
![]() |
5.22% GOI 15/06/2025 | GOI Securities | SOV | 0.00 - 2.61 | 1.98 |
![]() |
6.19% Indian Railway Finance Corporation 28/04/2023 | Debenture | AAA | 0.64 - 1.96 | 1.96 |
![]() |
5.04% Indian Railway Finance Corporation 2023 | Debenture | AAA | 0.00 - 1.91 | 1.91 |
![]() |
Aditya Birla Finance 16/03/2023 | Non Convertible Debenture | AAA | 1.23 - 1.87 | 1.87 |
![]() |
5.79% REC 20/03/2024 | Debenture | AAA | 0.58 - 1.82 | 1.82 |
![]() |
7.16% GOI 20/05/2023 | Central Government Loan | SOV | 0.38 - 3.23 | 1.77 |
![]() |
7.04% Power Finance Corporation 14/04/2023 | Non Convertible Debenture | AAA | 1.18 - 1.75 | 1.75 |
![]() |
5.53% National Bank Agr. Rur. Devp 22/02/2024 | Non Convertible Debenture | AAA | 1.05 - 1.70 | 1.70 |
![]() |
8.60% India Grid Trust 31/08/2028 | Non Convertible Debenture | AAA | 1.13 - 1.67 | 1.67 |
![]() |
First Business Receivable Trust | Securitised Debt | AAA | 0.12 - 0.20 | 1.53 |
![]() |
Axis Finance 2023 | Zero Coupon Bonds | AAA | 1.00 - 1.51 | 1.51 |
![]() |
5.84% Tata Capital Financial Services 17/03/2023 | Debenture | AAA | 0.00 - 1.48 | 1.48 |
![]() |
4.82% Tata Capital Financial Services 28/02/2023 | Non Convertible Debenture | AAA | 0.00 - 1.97 | 1.47 |
![]() |
5.75% India Infradebt 15/09/2023 | Debenture | AAA | 0.92 - 1.39 | 1.39 |
![]() |
8.95% Jamnagar Utilities and Power 26/04/2023 | Debenture | AAA | 0.93 - 1.37 | 1.37 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-May-2022
— Anju Chhajer since 01-Feb-2020
Education: Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
Experience: Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
Funds Managed:
The scheme aims to generate regular income through investment in a portfolio comprising substantially of floating rate debt. It would not invest more than 75% of its assets in fixed rate debt securities including fixed rate securitised debt, money market instruments and floating rate debt Instruments swapped for fixed returns.
Min. Investment (₹) | 5,000 |
Min. Addl Investment (₹) | 1,000 |
Min. SIP Investment (₹) | 1,000 |
Min. No of Cheques | 6 |
Min. Withdrawal (₹) | 100 |
Min. Balance (₹) | 1 |
Lock-in Period | Not Applicable |
Exit Load | 0 |
Fund House: | Nippon India Mutual Fund |
Launch Date: | 27-Aug-2004 |
Return Since Launch: | 7.48% |
Benchmark: | CRISIL Short-Term Bond Index |
Riskometer: | Low to Moderate |
Type: | Open-ended |
Assets: | ₹ 13,473 Cr (As on 31-May-2022) |
Expense: | 0.61% (As on 31-May-2022) |
Risk Grade: | -- |
Return Grade: | -- |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDCW Daily | 02-May-2022 | 0.0015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
IDCW Monthly | 19-Apr-2022 | 0.0055 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
IDCW Weekly | 05-Apr-2022 | 0.0114 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
IDCW Quarterly | 21-Mar-2022 | 0.0698 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
IDCW | 28-Mar-2016 | 0.3468 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com