Nippon India Floater Fund - Daily IDCW Reinvestment Option
Category: Debt: Floater
Launch Date: 27-08-2004
AUM:
7,500.62 Cr
Expense Ratio
0.66%
Benchmark
NIFTY Short Duration Debt Index A-II
ISIN
INF204K01CI7
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
100
Fund Manager
Vikash Agarwal
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Nippon India Floater Fund - Daily IDCW Reinvestment Option | 9.02 | 10.48 | 9.16 |
| Benchmark | - | - | - |
If you invested in this fund:
₹
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
10.2609
Last change
0 (0.0078%)
Fund Size (AUM)
₹ 7,500.62 Cr
Performance
6.9% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
The primary objective of the scheme is to generate regular income through investment predominantly in floating rate and money market instruments and fixed rate debt instruments. There is no assurance that the investment objective of the Scheme will be achieved.
Fund Manager
Vikash Agarwal
Riskometer
Moderate
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Pipeline Infrastructure Pvt Ltd. | 3.37 |
| 7.57% Indian Railway Finance Corporation Ltd. | 3.33 |
| Net Current Assets | 2.94 |
| Mahindra & Mahindra Financial Services Ltd. | 2.64 |
| 8.19% Summit Digitel Infrastructure Private Limited (01/11/2026) | 2.63 |
| Sundaram Home Finance Limited | 2.63 |
| National Bank for Agriculture and Rural Development | 2.39 |
| 8.54% REC Ltd. | 2.18 |
| 7.4% Summit Digitel Infrastructure Limited | 2.1 |
| 7.5% State Government Securities | 2.0 |
Sector Allocation
| Sector | Holdings (%) |
|---|
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Nippon India Floater Fund Daily IDCW Reinv | 9.16 |
| Axis Floater Fund Reg Gr | 6.97 |
| Bandhan Floater Fund Reg Plan Gr | 6.3 |
| SBI FloatIng Rate Debt Reg Gr | 6.63 |
| ICICI Pru FloatIng Interest Fund Gr | 6.49 |
| HDFC FloatIng Rate Debt Fund Gr | 6.69 |
| ABSL FloatIng Rate Reg Gr | 6.52 |
| Tata FloatIng Rate Fund Reg Gr | 6.31 |
| Kotak FloatIng Rate Reg Gr | 6.43 |
| UTI Floater Fund Reg Gr | 5.85 |