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OmniAsset › Mutual funds › Nippon India Floating Interest Rates Fund

Nippon India Floating Interest Rates Fund

Floater fund benchmarked to NIFTY Short Duration Debt Index A-II. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202611.3096
CategoryFloater
PlanDirect · Idcw
Launched23 Aug 2004
Risk labelthe scheme's own riskometerModerate
Legal benchmarkSEBI Tier-1NIFTY Short Duration Debt Index A-II
Expense ratiodirect plan, a year · stated maximum, from the scheme document0.36%
AUM₹0.35 Cr
Growth of ₹10,000₹10,0882 Sep 2021 to 2 Sep 2026
₹10,251₹10,173₹10,095₹10,017₹9,939Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹10,088 (+0.2% a year) Nippon India Floating Interest Rates Fund

Performance (trailing, annualised)

1Y annualised-0.07%
3Y annualised0.15%
5Y annualised0.18%
10Y annualised0.53%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,19,666-0.51%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,59,938-0.01%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,02,0480.13%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 2021-0.13%
Calendar 20220.13%
Calendar 20230.38%
Calendar 20240.45%
Calendar 20250.43%

Rolling returns

Rolling 1Y · average648 windows since 15 Jan 20140.77%
Rolling 1Y · median0.60%
Rolling 1Y · worst window-1.68%
Rolling 1Y · best window3.30%
Rolling 1Y · windows positive91%
Rolling 3Y · average546 windows since 18 Jan 20160.79%
Rolling 3Y · median0.79%
Rolling 3Y · worst window-0.13%
Rolling 3Y · best window1.83%
Rolling 3Y · windows positive99%
Rolling 5Y · average444 windows since 16 Jan 20180.76%
Rolling 5Y · median0.69%
Rolling 5Y · worst window0.01%
Rolling 5Y · best window1.50%
Rolling 5Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)2.48%
Downside deviation (3Y)2.31%
Maximum drawdown-1.97%

Management

Fund managerVikash Agarwal
Managing since2 Sep 2026

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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