Nippon India Floating Rate Fund
| Details as on January 31, 2023 |
|
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.
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.
August 27, 2004
Anju Chhajer
CRISIL Short Term Bond Fund Index
| Monthly Average : | ₹ 7,381.04 Cr |
| Month End : | ₹ 7,393.61 Cr |
| Growth Plan | ₹ 37.4121 |
| IDCW Plan | ₹ 16.8926 |
| Daily IDCW Plan | ₹ 10.2323 |
| Weekly IDCW Plan | ₹ 10.2352 |
| Monthly IDCW Plan | ₹ 11.0096 |
| Quarterly IDCW Plan | ₹ 10.7837 |
| Direct - Growth Plan | ₹ 39.0842 |
| Direct - IDCW Plan | ₹ 17.4450 |
| Direct - Daily IDCW Plan | ₹ 10.2539 |
| Direct - Weekly IDCW Plan | ₹ 10.2385 |
| Direct - Monthly IDCW Plan | ₹ 11.2036 |
| Direct - Quarterly IDCW Plan | ₹ 10.6735 |
| Entry Load: | Nil |
| Exit Load: | Nil |
| Average Maturity | 3.02 Years |
| Modified Duration | 2.17 Years |
| Annualized portfolio YTM* | 7.58% |
*In case of semi annual YTM, it has been annualised
| Macaulay Duration | 2.32 Years |
| Regular/Other than Direct | 0.60% |
| Direct | 0.27% |
| Company/Issuer | Rating | % of Assets |
| Certificate of Deposit | 3.53 | |
| Axis Bank Limited | CRISIL A1+ | 1.90 |
| Canara Bank | CRISIL A1+ | 1.30 |
| HDFC Bank Limited | CARE A1+ | 0.34 |
| Commercial Paper | 1.25 | |
| Panatone Finvest Limited | CRISIL A1+ | 1.25 |
| Corporate Bond | 54.79 | |
| National Bank For Agriculture and Rural Development | CRISIL AAA/ICRA AAA | 7.14 |
| Small Industries Dev Bank of India | ICRA AAA | 7.02 |
| Power Finance Corporation Limited | CRISIL AAA | 5.47 |
| HDB Financial Services Limited | CRISIL AAA | 4.74 |
| State Bank of India Basel III | CRISIL AAA | 4.61 |
| Tata Capital Housing Finance Limited | CRISIL AAA | 4.05 |
| Bajaj Finance Limited | CRISIL AAA | 3.93 |
| Bajaj Housing Finance Limited | CRISIL AAA | 3.37 |
| Housing Development Finance Corporation Limited | CRISIL AAA | 3.36 |
| ICICI Home Finance Company Limited | CRISIL AAA | 3.24 |
| LIC Housing Finance Limited | CRISIL AAA | 2.69 |
| L&T Metro Rail (Hyderabad) Limited (Guarantee by L&T Ltd.) | CRISIL AAA(CE)/ICRA AAA(CE) | 1.87 |
| Nabha Power Limited (L & T Group (Guaranteed by L&T)) | ICRA AAA(CE) | 1.01 |
| Jamnagar Utilities & Power Private Limited (Mukesh Ambani Group) | CRISIL AAA | 1.01 |
| Tata Capital Limited | CRISIL AAA | 0.94 |
| REC Limited | CRISIL AAA | 0.34 |
| Sundaram Finance Limited | CRISIL AAA | 0.00 |
| Floating Rate Note | 5.79 | |
| Reliance Industries Limited | CRISIL AAA | 5.79 |
| Government Bond | 24.76 | |
| Government of India | SOV | 24.76 |
| PTC | 2.18 | |
| First Business Receivables Trust (Mukesh Ambani Group (PTC backed by receivables from Reliance group entities)) | CRISIL AAA(SO) | 2.18 |
| State Government Bond | 2.98 | |
| State Government Securities | SOV | 2.98 |
| Government Bond Strips | 0.30 | |
| Government of India | SOV | 0.30 |
| Cash & Other Receivables | 4.41 | |
| Grand Total | 100.00 |
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.
Please click here for explanation on symbol: ^ and @ wherever available
For scheme performance please click here. For Fund manager wise scheme performance click here.