Nippon India Floating Rate Fund Overview
Category Floater Fund
BMSMONEY Rank 8
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹42.89(R) +0.02% ₹45.05(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 8.2% 6.22% 6.81% 6.83% 7.27%
LumpSum (D) 8.51% 6.55% 7.16% 7.22% 7.69%
SIP (R) -23.02% 3.76% 3.16% 4.4% 5.28%
SIP (D) -22.79% 4.09% 3.48% 4.76% 5.67%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.66 -0.22 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
Hdfc Floating Rate Debt Fund 2
DSP Floater Fund 3

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA FLOATING RATE FUND - DAILY IDCW REINVESTMENT Option 10.31
0.0000
0.0000%
NIPPON INDIA FLOATING RATE FUND - WEEKLY IDCW Option 10.31
-0.0100
-0.1100%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - WEEKLY IDCW Option 10.32
-0.0100
-0.1100%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - DAILY IDCW Option 10.33
0.0000
0.0100%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - QUARTERLY IDCW Option 10.94
0.0000
0.0200%
NIPPON INDIA FLOATING RATE FUND - QUARTERLY IDCW Option 11.05
0.0000
0.0200%
NIPPON INDIA FLOATING RATE FUND - MONTHLY IDCW Option 11.14
0.0000
0.0200%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - MONTHLY IDCW Option 11.34
0.0000
0.0200%
NIPPON INDIA FLOATING RATE FUND - IDCW Option 19.37
0.0000
0.0200%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - IDCW Option 20.1
0.0000
0.0200%
Nippon India Floating Rate Fund - Growth Plan-Growth Option 42.89
0.0100
0.0200%
Nippon India Floating Rate Fund - Direct Plan Growth Plan - Growth Option 45.05
0.0100
0.0200%

Review Date: 19-11-2024

Nippon India Floating Rate Fund has shown 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 8.2% in 1 year, 6.22% in 3 years, 6.81% in 5 years and 7.27% in 10 years. The category average for the same periods is 8.25%, 6.31%, 6.41% and 7.1% 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 0.95, -0.15, -0.22, 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 ₹10851.0 in 1 year, ₹12096.0 in 3 years and ₹14130.0 in 5 years as of today (19-11-2024).
  2. An SIP of ₹1,000 per month in Nippon India Floating Rate Fund direct growth option would have grown to ₹10456.0 in 1 year, ₹38320.0 in 3 years and ₹65541.0 in 5 years as of today (19-11-2024).
  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 -0.66 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 % 0.50
0.53
0.06 | 0.73 9 | 12 Average
3M Return % 2.13
1.98
1.63 | 2.25 3 | 12 Very Good
6M Return % 4.24
4.23
3.40 | 4.86 7 | 12 Average
1Y Return % 8.20
8.25
7.04 | 9.49 8 | 12 Average
3Y Return % 6.22
6.31
5.65 | 6.71 8 | 12 Average
5Y Return % 6.81
6.41
5.57 | 6.82 2 | 7 Very Good
7Y Return % 6.83
6.74
6.16 | 7.02 4 | 5 Good
10Y Return % 7.27
7.10
6.15 | 7.44 3 | 5 Good
15Y Return % 7.61
7.31
6.17 | 7.79 3 | 4 Average
1Y SIP Return % -23.02
-23.05
-24.07 | -22.28 7 | 12 Average
3Y SIP Return % 3.76
3.87
2.97 | 4.47 9 | 12 Average
5Y SIP Return % 3.16
3.12
2.33 | 3.47 5 | 7 Average
7Y SIP Return % 4.40
4.38
4.24 | 4.53 3 | 5 Good
10Y SIP Return % 5.28
5.25
4.92 | 5.44 4 | 5 Good
15Y SIP Return % 6.44
6.33
5.81 | 6.62 3 | 4 Average
Standard Deviation 0.88
0.95
0.64 | 1.67 8 | 12 Average
Semi Deviation 0.68
0.73
0.48 | 1.14 7 | 12 Average
Max Drawdown % -0.34
-0.26
-0.72 | 0.00 9 | 12 Average
VaR 1 Y % 0.00
-0.15
-0.78 | 0.00 9 | 12 Average
Average Drawdown % -0.34
-0.22
-0.72 | 0.00 10 | 12 Poor
Sharpe Ratio -0.66
-0.63
-1.73 | -0.03 9 | 12 Average
Sterling Ratio 0.60
0.61
0.56 | 0.66 9 | 12 Average
Sortino Ratio -0.22
-0.20
-0.47 | -0.01 9 | 12 Average
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.52 0.56 0.08 | 0.78 9 | 12
3M Return % 2.20 2.08 1.72 | 2.31 4 | 12
6M Return % 4.39 4.43 3.62 | 5.00 8 | 12
1Y Return % 8.51 8.68 7.54 | 9.87 7 | 12
3Y Return % 6.55 6.74 6.17 | 7.14 10 | 12
5Y Return % 7.16 6.90 6.25 | 7.42 3 | 7
7Y Return % 7.22 7.20 6.85 | 7.61 3 | 5
10Y Return % 7.69 7.58 6.89 | 8.05 2 | 5
1Y SIP Return % -22.79 -22.74 -23.72 | -22.05 7 | 12
3Y SIP Return % 4.09 4.30 3.49 | 4.90 9 | 12
5Y SIP Return % 3.48 3.59 2.90 | 4.13 5 | 7
7Y SIP Return % 4.76 4.84 4.52 | 5.19 4 | 5
10Y SIP Return % 5.67 5.72 5.53 | 6.08 2 | 5
Standard Deviation 0.88 0.95 0.64 | 1.67 8 | 12
Semi Deviation 0.68 0.73 0.48 | 1.14 7 | 12
Max Drawdown % -0.34 -0.26 -0.72 | 0.00 9 | 12
VaR 1 Y % 0.00 -0.15 -0.78 | 0.00 9 | 12
Average Drawdown % -0.34 -0.22 -0.72 | 0.00 10 | 12
Sharpe Ratio -0.66 -0.63 -1.73 | -0.03 9 | 12
Sterling Ratio 0.60 0.61 0.56 | 0.66 9 | 12
Sortino Ratio -0.22 -0.20 -0.47 | -0.01 9 | 12
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.02 ₹ 10,002.00 0.02 ₹ 10,002.00
1W 0.10 ₹ 10,010.00 0.11 ₹ 10,011.00
1M 0.50 ₹ 10,050.00 0.52 ₹ 10,052.00
3M 2.13 ₹ 10,213.00 2.20 ₹ 10,220.00
6M 4.24 ₹ 10,424.00 4.39 ₹ 10,439.00
1Y 8.20 ₹ 10,820.00 8.51 ₹ 10,851.00
3Y 6.22 ₹ 11,984.00 6.55 ₹ 12,096.00
5Y 6.81 ₹ 13,900.00 7.16 ₹ 14,130.00
7Y 6.83 ₹ 15,877.00 7.22 ₹ 16,286.00
10Y 7.27 ₹ 20,176.00 7.69 ₹ 20,971.00
15Y 7.61 ₹ 30,060.00 ₹

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 -23.02 ₹ 10,439.69 -22.79 ₹ 10,455.85
3Y ₹ 36000 3.76 ₹ 38,131.78 4.09 ₹ 38,320.45
5Y ₹ 60000 3.16 ₹ 65,000.10 3.48 ₹ 65,541.06
7Y ₹ 84000 4.40 ₹ 98,235.65 4.76 ₹ 99,485.82
10Y ₹ 120000 5.28 ₹ 157,286.16 5.67 ₹ 160,492.56
15Y ₹ 180000 6.44 ₹ 298,955.70 ₹


Date Nippon India Floating Rate Fund NAV Regular Growth Nippon India Floating Rate Fund NAV Direct Growth
19-11-2024 42.8909 45.0477
18-11-2024 42.8808 45.0368
14-11-2024 42.8468 44.9997
13-11-2024 42.8449 44.9973
12-11-2024 42.8464 44.9985
11-11-2024 42.8392 44.9905
08-11-2024 42.814 44.963
07-11-2024 42.7918 44.9394
06-11-2024 42.7801 44.9267
05-11-2024 42.7756 44.9216
04-11-2024 42.7681 44.9134
31-10-2024 42.7475 44.8904
30-10-2024 42.7378 44.8799
29-10-2024 42.7293 44.8706
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

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.