Nippon India Floating Rate Fund Overview
Category Floater Fund
BMSMONEY Rank 8
BMSMONEY Rating
Gro. Opt. As On: 20-12-2024
NAV ₹43.12(R) -0.01% ₹45.29(D) -0.01%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 8.24% 6.31% 6.8% 6.93% 7.25%
LumpSum (D) 8.55% 6.64% 7.15% 7.32% 7.67%
SIP (R) -37.41% 1.98% 4.79% 6.01% 6.59%
SIP (D) -37.21% 2.31% 5.13% 6.38% 6.98%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.62 -0.21 0.6 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.88% 0.0% -0.34% - 0.68%
Top Floater Fund
Fund Name Rank Rating
Axis Floater Fund 1
DSP Floater Fund 2
Hdfc Floating Rate Debt Fund 3

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA FLOATING RATE FUND - DAILY IDCW REINVESTMENT Option 10.3
0.0000
-0.0300%
NIPPON INDIA FLOATING RATE FUND - WEEKLY IDCW Option 10.31
0.0000
-0.0100%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - WEEKLY IDCW Option 10.31
0.0000
-0.0100%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - DAILY IDCW Option 10.32
0.0000
-0.0300%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - QUARTERLY IDCW Option 10.81
-0.1900
-1.7600%
NIPPON INDIA FLOATING RATE FUND - QUARTERLY IDCW Option 10.92
-0.1900
-1.7000%
NIPPON INDIA FLOATING RATE FUND - MONTHLY IDCW Option 11.08
-0.0600
-0.5300%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - MONTHLY IDCW Option 11.28
-0.0600
-0.5500%
NIPPON INDIA FLOATING RATE FUND - IDCW Option 19.47
0.0000
-0.0100%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - IDCW Option 20.21
0.0000
-0.0100%
Nippon India Floating Rate Fund - Growth Plan-Growth Option 43.12
0.0000
-0.0100%
Nippon India Floating Rate Fund - Direct Plan Growth Plan - Growth Option 45.29
0.0000
-0.0100%

Review Date: 20-12-2024

Nippon India Floating Rate Fund has exhibited poor performance in the Floater Fund category. The fund has rank of 8 out of 12 funds in the category. The fund has delivered return of 8.24% in 1 year, 6.31% in 3 years, 6.8% in 5 years and 7.25% in 10 years. The category average for the same periods is 8.21%, 6.45%, 6.4% and 7.07% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 0.88, VaR of 0.0, Average Drawdown of -0.34, Semi Deviation of 0.68 and Max Drawdown of -0.34. The category average for the same parameters is 0.93, -0.14, -0.22, 0.72 and -0.26 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in Nippon India Floating Rate Fund direct growth option would have grown to ₹10855.0 in 1 year, ₹12126.0 in 3 years and ₹14123.0 in 5 years as of today (20-12-2024).
  2. An SIP of ₹1,000 per month in Nippon India Floating Rate Fund direct growth option would have grown to ₹9411.0 in 1 year, ₹37301.0 in 3 years and ₹68325.0 in 5 years as of today (20-12-2024).
  3. standard deviation of 0.88 and based on VaR one can expect to lose more than 0.0% of current value of fund in one year.
  4. Sharpe ratio of the fund is -0.62 which shows average performance of fund in the floater fund category.


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.51
0.49
0.32 | 0.77 4 | 12 Good
3M Return % 1.81
1.70
1.02 | 1.96 5 | 12 Good
6M Return % 4.15
4.02
3.32 | 4.48 4 | 12 Good
1Y Return % 8.24
8.21
6.98 | 9.23 7 | 12 Average
3Y Return % 6.31
6.45
5.79 | 6.90 9 | 12 Average
5Y Return % 6.80
6.40
5.61 | 6.82 2 | 7 Very Good
7Y Return % 6.93
6.78
6.15 | 7.04 2 | 5 Very Good
10Y Return % 7.25
7.07
6.13 | 7.41 3 | 5 Good
15Y Return % 7.62
7.31
6.19 | 7.80 3 | 4 Average
1Y SIP Return % -37.41
-37.49
-38.33 | -36.95 4 | 12 Good
3Y SIP Return % 1.98
2.06
1.17 | 2.67 9 | 12 Average
5Y SIP Return % 4.79
4.73
3.95 | 5.09 5 | 7 Average
7Y SIP Return % 6.01
5.88
5.37 | 6.11 2 | 5 Very Good
10Y SIP Return % 6.59
6.46
5.80 | 6.73 3 | 5 Good
15Y SIP Return % 7.27
7.02
6.11 | 7.43 2 | 4 Good
Standard Deviation 0.88
0.93
0.60 | 1.66 8 | 12 Average
Semi Deviation 0.68
0.72
0.45 | 1.14 7 | 12 Average
Max Drawdown % -0.34
-0.26
-0.72 | 0.00 9 | 12 Average
VaR 1 Y % 0.00
-0.14
-0.75 | 0.00 9 | 12 Average
Average Drawdown % -0.34
-0.22
-0.72 | 0.00 11 | 12 Poor
Sharpe Ratio -0.62
-0.55
-1.67 | 0.01 9 | 12 Average
Sterling Ratio 0.60
0.62
0.57 | 0.66 9 | 12 Average
Sortino Ratio -0.21
-0.17
-0.46 | 0.01 9 | 12 Average
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.53 0.52 0.37 | 0.80 4 | 12
3M Return % 1.89 1.79 1.11 | 2.06 5 | 12
6M Return % 4.30 4.22 3.54 | 4.62 6 | 12
1Y Return % 8.55 8.64 7.47 | 9.61 7 | 12
3Y Return % 6.64 6.87 6.31 | 7.30 10 | 12
5Y Return % 7.15 6.89 6.28 | 7.37 3 | 7
7Y Return % 7.32 7.24 6.84 | 7.62 2 | 5
10Y Return % 7.67 7.55 6.87 | 8.01 2 | 5
1Y SIP Return % -37.21 -37.22 -38.03 | -36.76 7 | 12
3Y SIP Return % 2.31 2.50 1.69 | 2.99 8 | 12
5Y SIP Return % 5.13 5.21 4.53 | 5.72 5 | 7
7Y SIP Return % 6.38 6.35 6.12 | 6.75 2 | 5
10Y SIP Return % 6.98 6.93 6.52 | 7.36 2 | 5
Standard Deviation 0.88 0.93 0.60 | 1.66 8 | 12
Semi Deviation 0.68 0.72 0.45 | 1.14 7 | 12
Max Drawdown % -0.34 -0.26 -0.72 | 0.00 9 | 12
VaR 1 Y % 0.00 -0.14 -0.75 | 0.00 9 | 12
Average Drawdown % -0.34 -0.22 -0.72 | 0.00 11 | 12
Sharpe Ratio -0.62 -0.55 -1.67 | 0.01 9 | 12
Sterling Ratio 0.60 0.62 0.57 | 0.66 9 | 12
Sortino Ratio -0.21 -0.17 -0.46 | 0.01 9 | 12
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.01 ₹ 9,999.00 -0.01 ₹ 9,999.00
1W 0.03 ₹ 10,003.00 0.03 ₹ 10,003.00
1M 0.51 ₹ 10,051.00 0.53 ₹ 10,053.00
3M 1.81 ₹ 10,181.00 1.89 ₹ 10,189.00
6M 4.15 ₹ 10,415.00 4.30 ₹ 10,430.00
1Y 8.24 ₹ 10,824.00 8.55 ₹ 10,855.00
3Y 6.31 ₹ 12,015.00 6.64 ₹ 12,126.00
5Y 6.80 ₹ 13,895.00 7.15 ₹ 14,123.00
7Y 6.93 ₹ 15,989.00 7.32 ₹ 16,398.00
10Y 7.25 ₹ 20,144.00 7.67 ₹ 20,936.00
15Y 7.62 ₹ 30,102.00 ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -37.41 ₹ 9,396.43 -37.21 ₹ 9,411.48
3Y ₹ 36000 1.98 ₹ 37,113.91 2.31 ₹ 37,300.97
5Y ₹ 60000 4.79 ₹ 67,741.26 5.13 ₹ 68,325.30
7Y ₹ 84000 6.01 ₹ 104,040.72 6.38 ₹ 105,397.40
10Y ₹ 120000 6.59 ₹ 168,376.20 6.98 ₹ 171,856.08
15Y ₹ 180000 7.27 ₹ 319,919.22 ₹


Date Nippon India Floating Rate Fund NAV Regular Growth Nippon India Floating Rate Fund NAV Direct Growth
20-12-2024 43.1156 45.2949
19-12-2024 43.1202 45.2994
18-12-2024 43.14 45.3198
17-12-2024 43.1339 45.313
16-12-2024 43.1289 45.3074
13-12-2024 43.1048 45.281
12-12-2024 43.1057 45.2816
11-12-2024 43.1084 45.2841
10-12-2024 43.1007 45.2756
09-12-2024 43.0804 45.254
06-12-2024 43.0586 45.23
05-12-2024 43.0764 45.2484
04-12-2024 43.0557 45.2262
03-12-2024 43.0312 45.2001
02-12-2024 43.0138 45.1815
29-11-2024 42.965 45.1292
28-11-2024 42.9334 45.0956
27-11-2024 42.9253 45.0868
26-11-2024 42.9306 45.0919
25-11-2024 42.9237 45.0843
22-11-2024 42.8993 45.0576
21-11-2024 42.8985 45.0564

Fund Launch Date: 23/Aug/2004
Fund Category: Floater Fund
Investment Objective: The fund intends to maintain duration of 3 - 3.5 years. The fund will endeavour to invest in high quality AAA/ A1+ rated papers. SEBI restriction of up to 65% investments in floating rate instruments will be taken care through a mix of OIS trades & floating rate instruments.
Fund Description: An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives)
Fund Benchmark: CRISIL Short Term Bond Fund Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.