Nippon India Floating Rate Fund Dividend Quarterly+0.02%

11.10%
1 Year Return
Debt
Floater
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Floating Rate Fund Dividend Quarterly

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.57%
NAV10.82 (29 Oct 2020)
Fund Started29 Jun 2010
Fund Size12,372 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Floating Rate Fund Dividend Quarterly
11.1%
8.2%
8.1%
7.9%
Category Average
8.9%
7.8%
7.8%
-
Rank within category
1
1
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 11.1% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk-adjusted returns are higher compared to the category
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. Age is more than 10 years
    6. Risk-adjusted returns are higher compared to the category
    7. 1Y Returns are higher than the category average returns
    8. 3Y Returns are higher than the category average returns
    9. 5Y Returns are higher than the category average returns
    10. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec9.8%
    GOISovereignCGL6.9%
    GOISovereignGOI Sec5.6%
    Housing Development Finance Corpn. Ltd.FinancialDebenture4.2%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture3.3%
    Power Finance Corpn. Ltd.FinancialNCD3.2%
    LIC Housing Finance Ltd.FinancialNCD3.1%
    Reliance Industries Ltd.EnergyNCD2.9%
    Orissa StateOthersSDL2.8%
    Uttarakhand StateOthersSDL2.4%
    See All

    Fund Managers

    addAmit Tripathi
    Education
    Mr. Tripathi is a B.Com (H) and PGDM.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with New India Assurance Co. Ltd, Sun Invest Associates Ltd and CFS Financial Services Pvt. Ltd.
    Funds Managed
    addAnju Chhajer
    Education
    Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
    Experience
    Prior to joining Reliance Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
    Funds Managed
    addVivek Sharma
    Education
    Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
    Experience
    He has been associated with Reliance AMC since 2006.
    Funds Managed

    Nippon India Floating Rate Fund Dividend Quarterly Details

    Nippon India Floating Rate Fund Dividend Quarterly is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 29 Jun 2010. Amit Tripathi, Vivek Sharma is the Current Fund Manager of Nippon India Floating Rate Fund Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹12,372 Cr and the Latest NAV as of 29 Oct 2020 is ₹10.82.

    The Nippon India Floating Rate Fund Dividend Quarterly is rated Moderately Low risk. Minimum SIP Investment is set to 100.

    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 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.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Nil
    Exit Load

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    About Nippon India Mutual Fund

    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
    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,
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