1M
6M
1Y
3Y
5Y
All
| NAV: 20 Jan 2022 | ₹10.23 |
| Min. SIP amount | NA |
| Rating | NA |
| Fund size | ₹18,946.57Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Debt Floater
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 4.3% | 7.8% | 7.0% | 7.6% |
| Category average | 5.3% | 7.6% | 7.3% | NA |
| Rank with in category | 2 | 1 | 2 | NA |
Understand terms
Holdings (121)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | CGL | 5.1% |
State Bank of India | Financial | Additional Tier 2 Bo | 3.4% |
Bajaj Housing Finance Ltd. | Financial | NCD | 3.2% |
GOI | Sovereign | GOI Sec | 2.8% |
GOI | Sovereign | GOI Sec | 2.6% |
GOI | Sovereign | GOI Sec | 2.5% |
GOI | Sovereign | CGL | 2.3% |
National Bank For Agriculture & Rural Development | Financial | NCD | 2.1% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.1% |
Reliance Industries Ltd. | Energy | NCD | 1.9% |
See All
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
0.59%
30 Nov 2021 - 31 Dec 2021
0.57%
31 Oct 2021 - 30 Nov 2021
0.57%
30 Sep 2021 - 31 Oct 2021
0.57%
31 Aug 2021 - 30 Sep 2021
0.57%
31 Jul 2021 - 31 Aug 2021
0.57%
30 Jun 2021 - 31 Jul 2021
0.57%
31 May 2021 - 30 Jun 2021
0.57%
30 Apr 2021 - 31 May 2021
0.57%
31 Mar 2021 - 30 Apr 2021
0.25%
28 Feb 2021 - 31 Mar 2021
0.57%
31 Jan 2021 - 28 Feb 2021
0.57%
31 Dec 2020 - 31 Jan 2021
0.57%
30 Nov 2020 - 31 Dec 2020
0.57%
31 Oct 2020 - 30 Nov 2020
0.57%
30 Sep 2020 - 31 Oct 2020
0.24%
31 Aug 2020 - 30 Sep 2020
0.57%
31 Jul 2020 - 31 Aug 2020
0.54%
30 Jun 2020 - 31 Jul 2020
0.55%
31 May 2020 - 30 Jun 2020
0.54%
30 Apr 2020 - 31 May 2020
0.54%
31 Mar 2020 - 30 Apr 2020
0.55%
29 Feb 2020 - 31 Mar 2020
0.65%
31 Jan 2020 - 29 Feb 2020
0.65%
31 Dec 2019 - 31 Jan 2020
0.65%
30 Nov 2019 - 31 Dec 2019
0.60%
31 Oct 2019 - 30 Nov 2019
0.60%
30 Sep 2019 - 31 Oct 2019
0.60%
31 Aug 2019 - 30 Sep 2019
0.60%
31 Jul 2019 - 31 Aug 2019
0.60%
30 Jun 2019 - 31 Jul 2019
0.60%
31 May 2019 - 30 Jun 2019
0.60%
30 Apr 2019 - 31 May 2019
0.60%
31 Mar 2019 - 30 Apr 2019
0.60%
28 Feb 2019 - 31 Mar 2019
0.60%
31 Jan 2019 - 28 Feb 2019
0.60%
31 Dec 2018 - 31 Jan 2019
0.60%
30 Nov 2018 - 31 Dec 2018
0.60%
31 Oct 2018 - 30 Nov 2018
0.60%
30 Sep 2018 - 31 Oct 2018
0.60%
31 Aug 2018 - 30 Sep 2018
0.60%
31 Jul 2018 - 31 Aug 2018
0.60%
30 Jun 2018 - 31 Jul 2018
0.60%
31 May 2018 - 30 Jun 2018
0.58%
30 Apr 2018 - 31 May 2018
0.58%
31 Mar 2018 - 30 Apr 2018
0.58%
28 Feb 2018 - 31 Mar 2018
0.65%
31 Jan 2018 - 28 Feb 2018
0.61%
31 Dec 2017 - 31 Jan 2018
0.62%
30 Nov 2017 - 31 Dec 2017
0.58%
31 Oct 2017 - 30 Nov 2017
0.68%
Expense ratio, exit load and tax
Expense ratio: 0.59%
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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
Anju Chhajer
Feb 2020 - Present
View details
Education
Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
Experience
Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #6 in India |
|---|---|
| Total AUM | ₹2,30,092.13Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
Nippon India Floating Rate Fund IDCW Daily is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available t
Nippon India Floating Rate Fund IDCW Daily is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Amit Tripathi, Vivek Sharma is the Current Fund Manager of Nippon India Floating Rate Fund IDCW Daily fund. The fund currently has an Asset Under Management(AUM) of ₹2,30,092 Cr and the Latest NAV as of 20 Jan 2022 is ₹10.23.
The Nippon India Floating Rate Fund IDCW Daily is rated Low to Moderate risk. Minimum SIP Investment is set to 100.
...Read more
Investment Objective
The scheme aims to generate regular income through investment in a portfolio comprising substantially of floating rate debt. It would not invest more
The scheme aims to generate regular income through investment in a portfolio comprising substantially of floating rate debt. It would not invest more than 75% of its assets in fixed rate debt securities including fixed rate securitised debt, money market instruments and floating rate debt Instruments swapped for fixed returns.
...Read more
| Fund benchmark | CRISIL Short-Term Bond Index |
|---|
Fund house contact details
Address
Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
Phone
022-33031000/30301111
Launch Date
30 Jun 1995
E-mail
[email protected]Website
NA
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,
Email
[email protected]Website
www.karvymfs.comCompare funds
Nippon India Floating Rate Fund IDCW Daily
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FAQs
How to Invest in Nippon India Floating Rate Fund IDCW Daily
You can easily invest in Nippon India Floating Rate Fund IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for Nippon India Floating Rate Fund IDCW Daily from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in Nippon India Floating Rate Fund IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Nippon India Floating Rate Fund IDCW Daily provide?
The Nippon India Floating Rate Fund IDCW Daily has been there from 27 Aug 2004 and the average annual returns provided by this
fund is 4.28% since its inception.
How much expense ratio is charged by Nippon India Floating Rate Fund IDCW Daily?
The term Expense Ratio used for Nippon India Floating Rate Fund IDCW Daily or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of Nippon India Floating Rate Fund IDCW Daily is 0.59% as of 21 Jan 2022...
The Expense Ratio of Nippon India Floating Rate Fund IDCW Daily is 0.59% as of 21 Jan 2022...
What is the AUM of Nippon India Floating Rate Fund IDCW Daily?
The AUM, short for Assets Under Management of Nippon India Floating Rate Fund IDCW Daily is ₹18,946.57Cr as of 21 Jan 2022.
How to Redeem Nippon India Floating Rate Fund IDCW Daily?
If you want to sell your Nippon India Floating Rate Fund IDCW Daily holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Nippon India Floating Rate Fund IDCW Daily?
What is the NAV of Nippon India Floating Rate Fund IDCW Daily?
The NAV of Nippon India Floating Rate Fund IDCW Daily is ₹10.23 as of 20 Jan 2022.
What is the PE and PB ratio of Nippon India Floating Rate Fund IDCW Daily?
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