1M
6M
1Y
3Y
5Y
All
| NAV: 28 Mar 2025 | ₹46.37 |
| Min. SIP amount | ₹100 |
| Rating | 3 |
| Fund size | ₹7,624.32Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
1 year
3 years
5 years
Total investment of ₹3,962
Would have become ₹4,103 (+0.73%)
Returns and rankings
Category: Debt Floater
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 8.6% | 7.1% | 7.1% | 8.0% |
| Category average | 8.3% | 7.0% | 6.5% | NA |
| Rank with in category | 8 | 9 | 3 | NA |
Understand terms
Peer Comparison
| Debt, Floater funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Franklin India Floating Rate Fund Direct Growth | 4 | 9.0% | 7.8% | 323.20 |
HDFC Floating Rate Debt Fund Direct Plan Growth | 4 | 8.5% | 7.5% | 15,117.78 |
Tata Floating Rate Fund Direct Growth | 4 | 8.6% | 7.3% | 140.98 |
Aditya Birla Sun Life Floating Rate Direct Fund Growth | 5 | 8.1% | 7.3% | 13,190.34 |
Nippon India Floating Rate Fund Direct Growth | 3 | 8.6% | 7.1% | 7,624.32 |
Holdings (80)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.61% |
Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | NCD | 3.60% |
Indian Railway Finance Corporation Ltd. | Financial | NCD | 3.30% |
REC Ltd. | Financial | Debenture | 3.29% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 2.90% |
LIC Housing Finance Ltd. | Financial | Debenture | 2.85% |
State Bank of India | Financial | Additional Tier 2 Bo | 2.79% |
GOI | Sovereign | GOI Sec | 2.78% |
Madhya Pradesh State | Others | SDL | 2.75% |
GOI | Sovereign | GOI Sec | 2.68% |
Summit Digitel Infrastructure Pvt. Ltd. | Communication | NCD | 2.65% |
Tata Capital Housing Finance Ltd. | Financial | Bonds | 2.64% |
GOI | Sovereign | GOI Sec | 2.63% |
Sundaram Home Finance Ltd. | Financial | Debenture | 2.37% |
Power Finance Corporation Ltd. | Financial | Debenture | 2.19% |
REC Ltd. | Financial | Debenture | 2.19% |
Toyota Financial Services Ltd. | Financial | NCD | 1.98% |
Power Finance Corporation Ltd. | Financial | Debenture | 1.91% |
India Universal Trust AL1 | Others | Securitised Debt | 1.84% |
Bajaj Finance Ltd. | Financial | Bonds | 1.65% |
GOI | Sovereign | GOI FRB | 1.48% |
SMFG India Credit Company Ltd. | Financial | Debenture | 1.32% |
Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 1.32% |
Aditya Birla Housing Finance Ltd. | Financial | NCD | 1.31% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 1.31% |
India Universal Trust AL1 | Others | Securitised Debt | 1.23% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 1.18% |
Uttar Pradesh State | Others | SDL | 1.10% |
India Universal Trust AL1 | Others | Securitised Debt | 1.10% |
Gujarat State | Construction | SDL | 1.08% |
Sikka Ports and Terminals Ltd. | Energy | Debenture | 1.07% |
Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 1.05% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.05% |
Bajaj Housing Finance Ltd. | Financial | NCD | 1.00% |
National Housing Bank | Financial | Debenture | 0.99% |
Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 0.98% |
Aditya Birla Housing Finance Ltd. | Financial | Debenture | 0.90% |
Telangana State | Financial | SDL | 0.87% |
Summit Digitel Infrastructure Pvt. Ltd. | Communication | Debenture | 0.80% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 0.78% |
Summit Digitel Infrastructure Pvt. Ltd. | Communication | Debenture | 0.78% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.78% |
Power Finance Corporation Ltd. | Financial | Bonds | 0.68% |
Tata Capital Financial Services Ltd. | Financial | Debenture | 0.67% |
Gujarat State | Construction | SDL | 0.67% |
IndiGrid Infrastructure Trust | Capital Goods | Debenture | 0.66% |
Tata Communications Ltd. | Communication | Debenture | 0.66% |
Nomura Capital (India) Pvt Ltd. | Financial | NCD | 0.66% |
Nomura Fixed Income Securities Pvt. Ltd. | Financial | NCD | 0.66% |
REC Ltd. | Financial | Debenture | 0.66% |
Tata Capital Ltd. | Financial | NCD | 0.66% |
Tata Capital Housing Finance Ltd. | Financial | Bonds | 0.66% |
National Bank For Agriculture & Rural Development | Financial | Bonds/NCD | 0.66% |
LIC Housing Finance Ltd. | Financial | Debenture | 0.66% |
Mahindra & Mahindra Financial Services Ltd. | Financial | NCD | 0.65% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 0.65% |
Pipeline Infrastructure (India) Pvt. Ltd. | Construction | Debenture | 0.58% |
LIC Housing Finance Ltd. | Financial | Debenture | 0.53% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.53% |
India Universal Trust AL1 | Others | Securitised Debt | 0.50% |
Rajasthan State | Others | SDL | 0.34% |
REC Ltd. | Financial | ZCB | 0.34% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.33% |
REC Ltd. | Financial | Debenture | 0.33% |
Tata Capital Housing Finance Ltd. | Financial | Bonds/NCD | 0.33% |
Export-Import Bank Of India | Financial | Bonds | 0.33% |
Nuclear Power Corpn. Of India Ltd. | Energy | NCD | 0.33% |
Indian Railway Finance Corporation Ltd. | Financial | Bonds/NCD | 0.33% |
Maharashtra State | Others | SDL | 0.27% |
Power Finance Corporation Ltd. | Financial | Bonds/NCD | 0.21% |
Gujarat State | Construction | SDL | 0.13% |
National Highways Infra Trust | Construction | Debenture | 0.12% |
National Highways Infra Trust | Construction | Debenture | 0.11% |
Mangalore Refinery And Petrochemicals Ltd. | Energy | Debenture | 0.09% |
Karnataka State | Others | SDL | 0.07% |
HDFC Bank Ltd. | Financial | Debenture | 0.07% |
GOI | Sovereign | GOI Sec | 0.07% |
Gujarat State | Construction | SDL | 0.04% |
GOI | Sovereign | GOI Sec | 0.02% |
GOI | Sovereign | CGL | 0.01% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.32%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Vikash AgarwalSep 2024 - PresentView details
Vikash Agarwal
Sep 2024 - Present
View details
Education
Mr. Agarwal is a B.Com., CA, CFA
Experience
Prior to joining HDFC AMC, he has worked with Larsen & Toubro Ltd.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400013
Phone
NA
Launch Date
30 Jun 1995
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Website
www.karvymfs.comCompare funds
Nippon India Floating Rate Fund Direct Growth
VS
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Vaishnavi Tech Park, South Tower, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Karnataka
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