Nippon India Floating Rate Fund Overview | ||||||
---|---|---|---|---|---|---|
Category | Floater Fund | |||||
BMSMONEY Rank | 7 | |||||
BMSMONEY Rating | ||||||
Gro. Opt. | As On: | 28-10-2024 | ||||
NAV | ₹42.72(R) | +0.01% | ₹44.86(D) | +0.01% | ||
Returns | 1Y | 3Y | 5Y | 7Y | 10Y | |
LumpSum (R) | 8.25% | 6.15% | 6.85% | 6.81% | 7.34% | |
LumpSum (D) | 8.56% | 6.48% | 7.2% | 7.2% | 7.76% | |
SIP (R) | 8.61% | 5.48% | 5.99% | 6.15% | 6.25% | |
SIP (D) | 8.92% | 5.81% | 6.32% | 6.51% | 6.64% | |
Ratio | Sharpe Ratio | Sortino Ratio | Sterling Ratio | Jensen's Alpha | Treynor Ratio | |
-0.95 | -0.3 | 0.58 | -% | - | ||
Risk | STD. Dev | VaR 1Y95% | Max DD | Beta | Semi Devi. | |
0.9% | 0.0% | -0.34% | - | 0.69% |
Top Floater Fund | |||||
---|---|---|---|---|---|
Fund Name | Rank | Rating | |||
Axis Floater Fund | 1 | ||||
DSP Floater Fund | 2 | ||||
SBI Floating Rate Debt Fund | 3 |
NAV Date: 28-10-2024
Scheme Name | NAV | Rupee Change | Percent Change |
---|---|---|---|
NIPPON INDIA FLOATING RATE FUND - DAILY IDCW REINVESTMENT Option | 10.31 |
-0.0100
|
-0.0700%
|
NIPPON INDIA FLOATING RATE FUND - WEEKLY IDCW Option | 10.33 |
0.0000
|
0.0100%
|
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - DAILY IDCW Option | 10.34 |
-0.0100
|
-0.0700%
|
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - WEEKLY IDCW Option | 10.34 |
0.0000
|
0.0100%
|
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - QUARTERLY IDCW Option | 10.9 |
0.0000
|
0.0100%
|
NIPPON INDIA FLOATING RATE FUND - QUARTERLY IDCW Option | 11.0 |
0.0000
|
0.0100%
|
NIPPON INDIA FLOATING RATE FUND - MONTHLY IDCW Option | 11.09 |
0.0000
|
0.0100%
|
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - MONTHLY IDCW Option | 11.29 |
0.0000
|
0.0100%
|
NIPPON INDIA FLOATING RATE FUND - IDCW Option | 19.29 |
0.0000
|
0.0100%
|
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - IDCW Option | 20.01 |
0.0000
|
0.0100%
|
Nippon India Floating Rate Fund - Growth Plan-Growth Option | 42.72 |
0.0000
|
0.0100%
|
Nippon India Floating Rate Fund - Direct Plan Growth Plan - Growth Option | 44.86 |
0.0000
|
0.0100%
|
Review Date: 28-10-2024
Nippon India Floating Rate Fund has exhibited average performance in the Floater Fund category. The fund has rank of 7 out of 12 funds in the category. The fund has delivered return of 8.25% in 1 year, 6.15% in 3 years, 6.85% in 5 years and 7.34% in 10 years. The category average for the same periods is 8.28%, 6.2%, 6.42% and 7.11% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 0.9, VaR of 0.0, Average Drawdown of -0.34, Semi Deviation of 0.69 and Max Drawdown of -0.34. The category average for the same parameters is 0.96, -0.14, -0.21, 0.73 and -0.26 respectively. The fund has average risk in the category.Key Points:
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Performance |
---|---|---|---|---|---|---|
1M Return % | 0.59 |
0.48
|
-0.37 | 0.73 | 6 | 12 | Good | |
3M Return % | 2.12 |
1.99
|
1.74 | 2.25 | 4 | 12 | Good | |
6M Return % | 4.36 |
4.31
|
3.49 | 5.66 | 5 | 12 | Good | |
1Y Return % | 8.25 |
8.28
|
7.09 | 10.11 | 4 | 12 | Good | |
3Y Return % | 6.15 |
6.20
|
5.55 | 6.67 | 8 | 12 | Average | |
5Y Return % | 6.85 |
6.42
|
5.59 | 6.85 | 1 | 7 | Very Good | |
7Y Return % | 6.81 |
6.71
|
6.12 | 6.98 | 3 | 5 | Good | |
10Y Return % | 7.34 |
7.11
|
6.13 | 7.45 | 3 | 5 | Good | |
15Y Return % | 7.60 |
11.75
|
6.14 | 25.49 | 3 | 4 | Average | |
1Y SIP Return % | 8.61 |
8.48
|
7.14 | 9.75 | 4 | 12 | Good | |
3Y SIP Return % | 5.48 |
5.55
|
4.70 | 6.12 | 9 | 12 | Average | |
5Y SIP Return % | 5.99 |
5.90
|
5.14 | 6.25 | 5 | 7 | Average | |
7Y SIP Return % | 6.15 |
6.01
|
5.49 | 6.25 | 2 | 5 | Very Good | |
10Y SIP Return % | 6.25 |
6.15
|
5.63 | 6.39 | 3 | 5 | Good | |
15Y SIP Return % | 7.07 |
7.08
|
5.95 | 8.07 | 3 | 4 | Average | |
Standard Deviation | 0.90 |
0.96
|
0.63 | 1.63 | 8 | 12 | Average | |
Semi Deviation | 0.69 |
0.73
|
0.47 | 1.11 | 7 | 12 | Average | |
Max Drawdown % | -0.34 |
-0.26
|
-0.72 | 0.00 | 9 | 12 | Average | |
VaR 1 Y % | 0.00 |
-0.14
|
-0.78 | 0.00 | 9 | 12 | Average | |
Average Drawdown % | -0.34 |
-0.21
|
-0.72 | 0.00 | 11 | 12 | Poor | |
Sharpe Ratio | -0.95 |
-0.89
|
-2.07 | -0.03 | 8 | 12 | Average | |
Sterling Ratio | 0.58 |
0.60
|
0.54 | 0.67 | 8 | 12 | Average | |
Sortino Ratio | -0.30 |
-0.27
|
-0.53 | -0.01 | 9 | 12 | Average |
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Performance |
---|---|---|---|---|---|---|
1M Return % | 0.61 | 0.51 | -0.34 | 0.76 | 6 | 12 | ||
3M Return % | 2.20 | 2.09 | 1.85 | 2.31 | 4 | 12 | ||
6M Return % | 4.51 | 4.51 | 3.72 | 5.84 | 5 | 12 | ||
1Y Return % | 8.56 | 8.70 | 7.59 | 10.50 | 6 | 12 | ||
3Y Return % | 6.48 | 6.63 | 6.07 | 7.07 | 9 | 12 | ||
5Y Return % | 7.20 | 6.91 | 6.28 | 7.44 | 2 | 7 | ||
7Y Return % | 7.20 | 7.17 | 6.81 | 7.56 | 3 | 5 | ||
10Y Return % | 7.76 | 7.60 | 6.87 | 8.05 | 2 | 5 | ||
1Y SIP Return % | 8.92 | 8.90 | 7.62 | 10.14 | 6 | 12 | ||
3Y SIP Return % | 5.81 | 5.97 | 5.22 | 6.51 | 8 | 12 | ||
5Y SIP Return % | 6.32 | 6.37 | 5.72 | 6.88 | 5 | 7 | ||
7Y SIP Return % | 6.51 | 6.47 | 6.22 | 6.88 | 2 | 5 | ||
10Y SIP Return % | 6.64 | 6.62 | 6.34 | 7.01 | 2 | 5 | ||
Standard Deviation | 0.90 | 0.96 | 0.63 | 1.63 | 8 | 12 | ||
Semi Deviation | 0.69 | 0.73 | 0.47 | 1.11 | 7 | 12 | ||
Max Drawdown % | -0.34 | -0.26 | -0.72 | 0.00 | 9 | 12 | ||
VaR 1 Y % | 0.00 | -0.14 | -0.78 | 0.00 | 9 | 12 | ||
Average Drawdown % | -0.34 | -0.21 | -0.72 | 0.00 | 11 | 12 | ||
Sharpe Ratio | -0.95 | -0.89 | -2.07 | -0.03 | 8 | 12 | ||
Sterling Ratio | 0.58 | 0.60 | 0.54 | 0.67 | 8 | 12 | ||
Sortino Ratio | -0.30 | -0.27 | -0.53 | -0.01 | 9 | 12 |
Investment Period | Regular | Direct | ||
---|---|---|---|---|
Return % | Current Value of ₹ 10000 | Return % | Current Value of ₹ 10000 | |
1D | 0.01 | ₹ 10,001.00 | 0.01 | ₹ 10,001.00 |
1W | 0.10 | ₹ 10,010.00 | 0.10 | ₹ 10,010.00 |
1M | 0.59 | ₹ 10,059.00 | 0.61 | ₹ 10,061.00 |
3M | 2.12 | ₹ 10,212.00 | 2.20 | ₹ 10,220.00 |
6M | 4.36 | ₹ 10,436.00 | 4.51 | ₹ 10,451.00 |
1Y | 8.25 | ₹ 10,825.00 | 8.56 | ₹ 10,856.00 |
3Y | 6.15 | ₹ 11,961.00 | 6.48 | ₹ 12,073.00 |
5Y | 6.85 | ₹ 13,926.00 | 7.20 | ₹ 14,158.00 |
7Y | 6.81 | ₹ 15,857.00 | 7.20 | ₹ 16,266.00 |
10Y | 7.34 | ₹ 20,309.00 | 7.76 | ₹ 21,112.00 |
15Y | 7.60 | ₹ 30,019.00 | ₹ |
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 | 8.61 | ₹ 12,552.11 | 8.92 | ₹ 12,572.02 |
3Y | ₹ 36000 | 5.48 | ₹ 39,132.97 | 5.81 | ₹ 39,322.37 |
5Y | ₹ 60000 | 5.99 | ₹ 69,806.16 | 6.32 | ₹ 70,396.26 |
7Y | ₹ 84000 | 6.15 | ₹ 104,560.18 | 6.51 | ₹ 105,894.68 |
10Y | ₹ 120000 | 6.25 | ₹ 165,458.04 | 6.64 | ₹ 168,814.20 |
15Y | ₹ 180000 | 7.07 | ₹ 314,811.72 | ₹ |
Date | Nippon India Floating Rate Fund NAV Regular Growth | Nippon India Floating Rate Fund NAV Direct Growth |
---|---|---|
28-10-2024 | 42.7178 | 44.8581 |
25-10-2024 | 42.7148 | 44.8539 |
24-10-2024 | 42.7037 | 44.8419 |
23-10-2024 | 42.6906 | 44.8277 |
22-10-2024 | 42.6694 | 44.8051 |
21-10-2024 | 42.6768 | 44.8125 |
18-10-2024 | 42.6602 | 44.7941 |
17-10-2024 | 42.6727 | 44.8068 |
16-10-2024 | 42.6712 | 44.8049 |
15-10-2024 | 42.6759 | 44.8095 |
14-10-2024 | 42.6646 | 44.7972 |
11-10-2024 | 42.6193 | 44.7486 |
10-10-2024 | 42.59 | 44.7175 |
09-10-2024 | 42.5634 | 44.6892 |
08-10-2024 | 42.5213 | 44.6446 |
07-10-2024 | 42.502 | 44.624 |
04-10-2024 | 42.4993 | 44.6201 |
03-10-2024 | 42.5036 | 44.6243 |
01-10-2024 | 42.4881 | 44.6073 |
30-09-2024 | 42.4673 | 44.5851 |
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 |
Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.