Nippon India Floating Rate Fund - Quarterly IDCW Option
(Erstwhile Reliance Floating Rate Fund - Quarterly Dividend Plan)
Fund House: Nippon India Mutual Fund| Category: Debt: Floater |
| Launch Date: 24-05-2010 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Short Duration Debt Index A-II |
| TER: 0.6% As on (30-11-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 7,718.22 Cr As on 29-11-2024(Source:AMFI) |
| Turn over: - | Exit Load: for all subscriptions W.E.F July 30th, 2020 is Nil. For subscriptions prior to July 30th, 2020, levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. For Special products registrations, load for each transaction is based on the load structure applicable as on the registration date. |
10.9167
-0.19 (-1.7276%)
6.42%
Benchmark: 8.32%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 3 YEAR SDL
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.91 |
| Sharpe Ratio | 0.05 |
| Alpha | 3.61 |
| Beta | 1.78 |
| Yield to Maturity | 7.51 |
| Average Maturity | 3.61 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Nippon India Floating Rate Fund - Quarterly IDCW Option | 24-05-2010 | 8.11 | 7.52 | 6.22 | 6.52 | 6.04 |
| Axis Floater Fund - Regular Plan - Growth | 26-07-2021 | 9.23 | 8.08 | 6.9 | - | - |
| DSP Floater Fund - Regular Plan - Growth | 01-03-2021 | 9.1 | 8.48 | 6.55 | - | - |
| HDFC Floating Rate Debt Fund - Growth Option | 05-10-2007 | 8.32 | 7.95 | 6.78 | 6.74 | 7.4 |
| Kotak Floating Rate Fund-Regular Plan-Growth Option | 05-05-2019 | 8.3 | 7.69 | 6.22 | 6.82 | - |
| Franklin India Floating Rate Fund - Growth Plan | 23-04-2001 | 8.28 | 7.74 | 6.51 | 5.77 | 6.13 |
| SBI Floating Rate Debt Fund - Regular Plan - Growth | 05-10-2020 | 8.28 | 7.85 | 6.62 | - | - |
| Nippon India Floating Rate Fund - Growth Plan-Growth Option | 27-08-2004 | 8.24 | 7.64 | 6.31 | 6.8 | 7.25 |
| ICICI Prudential Floating Interest Fund - Growth | 17-11-2005 | 8.18 | 7.83 | 6.59 | 6.63 | 7.2 |
| Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth | 01-06-2003 | 7.98 | 7.69 | 6.68 | 6.46 | 7.37 |
Scheme Characteristics
Minimum investment in floating rate instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
99.99%
