Nippon India Floating Rate Fund

Details as on January 31, 2022

Floater Fund
Type of Scheme

An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives). Relatively High interest rate risk and moderate Credit Risk.

Current Investment Philosophy

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.

Date of Allotment

August 27, 2004

Fund Manager

Anju Chhajer

Benchmark

CRISIL Short Term Bond Fund Index

Fund Size
Monthly Average : ₹ 18,827.61 Cr
Month End : ₹ 18,754.31 Cr

NAV as on January 31, 2022
Growth Plan ₹ 36.0043
IDCW Plan ₹ 16.2570
Daily IDCW Plan ₹ 10.2323
Weekly IDCW Plan ₹ 10.2405
Monthly IDCW Plan ₹ 11.0101
Quarterly IDCW Plan ₹ 10.7220
Direct - Growth Plan ₹ 37.4895
Direct - IDCW Plan ₹ 16.7467
Direct - Daily IDCW Plan ₹ 10.2538
Direct - Weekly IDCW Plan ₹ 10.2445
Direct - Monthly IDCW Plan ₹ 11.2032
Direct - Quarterly IDCW Plan ₹ 10.6051

Load structure
Entry Load: Nil
Exit Load:Nil

Average Maturity
Average Maturity1.73 Years
Modified Duration
Modified Duration1.24 Years
Yield to Maturity
Yield to Maturity4.93%
Macaulay Duration
Macaulay Duration1.30 Years

Total Expense Ratio^
Regular/Other than Direct0.59%
Direct0.26%

Company/IssuerRating% of Assets
Certificate of Deposit 0.90
Axis Bank Limited CRISIL A1+ 0.90
Commercial Paper 1.04
Jamnagar Utilities & Power Private Limited (Mukesh Ambani Group) CRISIL A1+ 1.04
Corporate Bond 57.48
National Bank For Agriculture and Rural Development CRISIL AAA/ICRA AAA 6.37
REC Limited CRISIL AAA 5.87
L&T Finance Limited CRISIL AAA 4.17
Bajaj Housing Finance Limited CRISIL AAA 3.70
State Bank of India BASEL III CRISIL AAA 3.40
Indian Railway Finance Corporation Limited CRISIL AAA 3.28
Tata Capital Financial Services Limited ICRA AAA/CRISIL AAA 3.04
Power Finance Corporation Limited CRISIL AAA 2.94
Housing Development Finance Corporation Limited CRISIL AAA 2.36
Small Industries Dev Bank of India CARE AAA 2.13
Tata Capital Housing Finance Limited CRISIL AAA 2.09
India Grid Trust InvIT Fund CRISIL AAA 2.05
Tata Capital Limited CRISIL AAA 1.96
Larsen & Toubro Limited CRISIL AAA 1.77
HDB Financial Services Limited CRISIL AAA 1.59
National Housing Bank CRISIL AAA 1.48
Jamnagar Utilities & Power Private Limited (Mukesh Ambani Group) CRISIL AAA 1.41
Nabha Power Limited (Guaranttee by L&T) ICRA AAA(CE) 1.27
Reliance Industries Limited CRISIL AAA 1.23
Bajaj Finance Limited CRISIL AAA 1.08
India Infradebt Limited CRISIL AAA 1.07
ICICI Home Finance Company Limited CRISIL AAA 0.82
LIC Housing Finance Limited CRISIL AAA 0.48
Hindustan Petroleum Corporation Limited CRISIL AAA 0.48
Axis Bank Limited CRISIL AAA/ICRA AAA 0.44
Mahindra & Mahindra Limited FITCH AAA 0.43
Sikka Ports and Terminals Limited (Mukesh Ambani Group) CRISIL AAA 0.30
Axis Finance Limited FITCH AAA 0.27
Sundaram Finance Limited CRISIL AAA 0.00
Floating Rate Note 4.59
Reliance Industries Limited CRISIL AAA 1.90
Aditya Birla Finance Limited ICRA AAA 1.35
Tata Capital Financial Services Limited ICRA AAA 1.07
HDB Financial Services Limited CRISIL AAA 0.27
Government Bond 18.31
Government of India SOV 18.31
PTC 1.09
First Business Receivables Trust (Mukesh Ambani Group) CRISIL AAA(SO) 1.09
State Government Bond 9.72
State Government Securities SOV 9.72
Zero Coupon Bond 1.10
Axis Finance Limited FITCH AAA 1.10
Government Bond Strips 0.11
Government of India SOV 0.11
Cash & Other Receivables 5.66
Grand Total 100.00





Record DateRate (₹/ Unit) Cum IDCW NAV Ex-IDCW NAV
IDCW Plan
29-Dec-14 0.1553 10.3351 10.1212
19-Sep-14 0.6972 10.9355 10.0408
Direct - IDCW Plan
29-Dec-14 0.1628 10.3512 10.1269
19-Sep-14 0.7433 10.9971 10.0433
Monthly IDCW Plan
19-Jan-22 0.0251 11.0212 10.9961
20-Dec-21 0.0214 11.0146 10.9932
22-Nov-21 0.0342 11.0333 10.9991
Direct - Monthly IDCW Plan
19-Jan-22 0.0285 11.2163 11.1878
20-Dec-21 0.0246 11.2093 11.1847
22-Nov-21 0.0359 11.2266 11.1907
Quarterly IDCW Plan
20-Dec-21 0.0498 10.7309 10.6811
20-Sep-21 0.1510 10.8318 10.6808
21-Jun-21 0.2090 10.8787 10.6697
Direct - Quarterly IDCW Plan
20-Dec-21 0.0566 10.6173 10.5607
20-Sep-21 0.1567 10.7158 10.5591
21-Jun-21 0.2143 10.7610 10.5467

Past performance may or may not be sustained in future. Pursuant to IDCW payment, NAV falls to the extent of payout & statutory levy (if applicable). Face Value-₹ 10.



This product is suitable for investors who are seeking*:
• Income over short term
• Investment predominantly in floating rate instruments (Including fixed rate instruments converted to floating rate exposures using swaps/ derivatives)

Fund Riskometer
Nippon India Floating Rate Fund



Benchmark Riskometer
Crisil Short Term Bond Fund Index

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.



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