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:

  1. An investment of ₹10,000 in Nippon India Floating Rate Fund direct growth option would have grown to ₹10856.0 in 1 year, ₹12073.0 in 3 years and ₹14158.0 in 5 years as of today (28-10-2024).
  2. An SIP of ₹1,000 per month in Nippon India Floating Rate Fund direct growth option would have grown to ₹12572.0 in 1 year, ₹39322.0 in 3 years and ₹70396.0 in 5 years as of today (28-10-2024).
  3. standard deviation of 0.9 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 -0.95 which shows average performance of fund in the floater fund category.


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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
Return data last Updated On : Oct. 28, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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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
Return data last Updated On : Oct. 28, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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
Source: Fund FactSheet

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