Nippon India Floating Rate Fund Overview
Category Floater Fund
BMSMONEY Rank 8
BMSMONEY Rating
Gro. Opt. As On: 17-01-2025
NAV ₹43.32(R) +0.04% ₹45.52(D) +0.04%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 8.12% 6.43% 6.81% 6.98% 7.18%
LumpSum (D) 8.43% 6.76% 7.16% 7.37% 7.59%
SIP (R) -8.57% 5.57% 5.97% 5.71% 6.06%
SIP (D) -8.31% 5.89% 6.3% 6.05% 6.44%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.59 -0.2 0.61 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.86% 0.0% -0.34% - 0.67%
Top Floater Fund
Fund Name Rank Rating
Axis Floater Fund 1
DSP Floater Fund 2
Hdfc Floating Rate Debt Fund 3

NAV Date: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA FLOATING RATE FUND - DAILY IDCW REINVESTMENT Option 10.3
0.0000
0.0200%
NIPPON INDIA FLOATING RATE FUND - WEEKLY IDCW Option 10.3
0.0000
0.0400%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - WEEKLY IDCW Option 10.31
0.0000
0.0400%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - DAILY IDCW Option 10.32
0.0000
0.0200%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - QUARTERLY IDCW Option 10.86
0.0000
0.0400%
NIPPON INDIA FLOATING RATE FUND - QUARTERLY IDCW Option 10.97
0.0000
0.0400%
NIPPON INDIA FLOATING RATE FUND - MONTHLY IDCW Option 11.13
0.0000
0.0400%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - MONTHLY IDCW Option 11.33
0.0000
0.0400%
NIPPON INDIA FLOATING RATE FUND - IDCW Option 19.56
0.0100
0.0400%
NIPPON INDIA FLOATING RATE FUND - DIRECT Plan - IDCW Option 20.31
0.0100
0.0400%
Nippon India Floating Rate Fund - Growth Plan-Growth Option 43.32
0.0200
0.0400%
Nippon India Floating Rate Fund - Direct Plan Growth Plan - Growth Option 45.52
0.0200
0.0400%

Review Date: 17-01-2025

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 8.12% in 1 year, 6.43% in 3 years, 6.81% in 5 years and 7.18% in 10 years. The category average for the same periods is 8.08%, 6.56%, 6.42% and 7.04% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 0.86, VaR of 0.0, Average Drawdown of -0.34, Semi Deviation of 0.67 and Max Drawdown of -0.34. The category average for the same parameters is 0.9, -0.14, -0.23, 0.7 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 ₹10843.0 in 1 year, ₹12167.0 in 3 years and ₹14128.0 in 5 years as of today (17-01-2025).
  2. An SIP of ₹1,000 per month in Nippon India Floating Rate Fund direct growth option would have grown to ₹11452.0 in 1 year, ₹39373.0 in 3 years and ₹70375.0 in 5 years as of today (17-01-2025).
  3. standard deviation of 0.86 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 -0.59 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 % 0.44
0.45
-0.07 | 0.58 9 | 12 Average
3M Return % 1.53
1.52
0.80 | 1.70 8 | 12 Average
6M Return % 3.94
3.84
3.30 | 4.29 3 | 12 Very Good
1Y Return % 8.12
8.08
6.94 | 9.00 6 | 12 Good
3Y Return % 6.43
6.56
5.90 | 6.88 8 | 12 Average
5Y Return % 6.81
6.42
5.64 | 6.85 2 | 7 Very Good
7Y Return % 6.98
6.81
6.16 | 7.07 2 | 5 Very Good
10Y Return % 7.18
7.04
6.14 | 7.39 3 | 5 Good
15Y Return % 7.63
7.33
6.21 | 7.81 3 | 4 Average
1Y SIP Return % -8.57
-8.67
-9.51 | -8.08 5 | 12 Good
3Y SIP Return % 5.57
5.62
4.81 | 6.22 9 | 12 Average
5Y SIP Return % 5.97
5.94
5.20 | 6.28 5 | 7 Average
7Y SIP Return % 5.71
5.68
5.55 | 5.82 3 | 5 Good
10Y SIP Return % 6.06
6.05
5.88 | 6.21 3 | 5 Good
15Y SIP Return % 6.89
6.75
6.14 | 7.06 2 | 4 Good
Standard Deviation 0.86
0.91
0.59 | 1.65 8 | 12 Average
Semi Deviation 0.67
0.70
0.45 | 1.15 8 | 12 Average
Max Drawdown % -0.34
-0.26
-0.72 | 0.00 9 | 12 Average
VaR 1 Y % 0.00
-0.14
-0.77 | 0.00 9 | 12 Average
Average Drawdown % -0.34
-0.23
-0.72 | 0.00 10 | 12 Poor
Sharpe Ratio -0.59
-0.50
-1.64 | 0.05 9 | 12 Average
Sterling Ratio 0.61
0.64
0.59 | 0.68 9 | 12 Average
Sortino Ratio -0.20
-0.16
-0.45 | 0.02 9 | 12 Average
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.47 0.48 -0.04 | 0.64 9 | 12
3M Return % 1.60 1.62 0.88 | 1.81 7 | 12
6M Return % 4.09 4.04 3.51 | 4.43 6 | 12
1Y Return % 8.43 8.50 7.42 | 9.31 7 | 12
3Y Return % 6.76 6.99 6.41 | 7.49 10 | 12
5Y Return % 7.16 6.90 6.30 | 7.36 3 | 7
7Y Return % 7.37 7.27 6.86 | 7.66 2 | 5
10Y Return % 7.59 7.52 6.87 | 7.98 3 | 5
1Y SIP Return % -8.31 -8.33 -9.13 | -7.84 6 | 12
3Y SIP Return % 5.89 6.05 5.31 | 6.53 8 | 12
5Y SIP Return % 6.30 6.41 5.76 | 6.89 5 | 7
7Y SIP Return % 6.05 6.13 5.83 | 6.43 4 | 5
10Y SIP Return % 6.44 6.52 6.31 | 6.82 3 | 5
Standard Deviation 0.86 0.91 0.59 | 1.65 8 | 12
Semi Deviation 0.67 0.70 0.45 | 1.15 8 | 12
Max Drawdown % -0.34 -0.26 -0.72 | 0.00 9 | 12
VaR 1 Y % 0.00 -0.14 -0.77 | 0.00 9 | 12
Average Drawdown % -0.34 -0.23 -0.72 | 0.00 10 | 12
Sharpe Ratio -0.59 -0.50 -1.64 | 0.05 9 | 12
Sterling Ratio 0.61 0.64 0.59 | 0.68 9 | 12
Sortino Ratio -0.20 -0.16 -0.45 | 0.02 9 | 12
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.04 ₹ 10,004.00 0.04 ₹ 10,004.00
1W 0.12 ₹ 10,012.00 0.13 ₹ 10,013.00
1M 0.44 ₹ 10,044.00 0.47 ₹ 10,047.00
3M 1.53 ₹ 10,153.00 1.60 ₹ 10,160.00
6M 3.94 ₹ 10,394.00 4.09 ₹ 10,409.00
1Y 8.12 ₹ 10,812.00 8.43 ₹ 10,843.00
3Y 6.43 ₹ 12,055.00 6.76 ₹ 12,167.00
5Y 6.81 ₹ 13,902.00 7.16 ₹ 14,128.00
7Y 6.98 ₹ 16,041.00 7.37 ₹ 16,449.00
10Y 7.18 ₹ 20,002.00 7.59 ₹ 20,788.00
15Y 7.63 ₹ 30,147.00 ₹

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 -8.57 ₹ 11,434.97 -8.31 ₹ 11,452.04
3Y ₹ 36000 5.57 ₹ 39,184.13 5.89 ₹ 39,373.02
5Y ₹ 60000 5.97 ₹ 69,791.04 6.30 ₹ 70,375.20
7Y ₹ 84000 5.71 ₹ 102,910.33 6.05 ₹ 104,186.96
10Y ₹ 120000 6.06 ₹ 163,805.16 6.44 ₹ 167,094.48
15Y ₹ 180000 6.89 ₹ 310,327.02 ₹


Date Nippon India Floating Rate Fund NAV Regular Growth Nippon India Floating Rate Fund NAV Direct Growth
17-01-2025 43.3249 45.5249
16-01-2025 43.3078 45.5066
15-01-2025 43.2622 45.4583
14-01-2025 43.2451 45.44
13-01-2025 43.25 45.4448
10-01-2025 43.2722 45.467
09-01-2025 43.267 45.4612
08-01-2025 43.2582 45.4516
07-01-2025 43.2557 45.4486
06-01-2025 43.2395 45.4312
03-01-2025 43.2107 45.3998
02-01-2025 43.1987 45.3869
01-01-2025 43.2002 45.3881
31-12-2024 43.1914 45.3785
30-12-2024 43.1737 45.3595
27-12-2024 43.1547 45.3385
26-12-2024 43.1448 45.3277
24-12-2024 43.1288 45.3102
23-12-2024 43.1383 45.3198
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

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.