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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 202650.8883
CategoryFloater
PlanDirect · Growth
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₹6,883 Cr
Growth of ₹10,000₹13,7252 Sep 2021 to 2 Sep 2026
₹13,753₹12,814₹11,876₹10,938₹10,000Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹13,725 (+6.5% a year) Nippon India Floating Interest Rates Fund

Performance (trailing, annualised)

1Y annualised5.83%
3Y annualised7.52%
5Y annualised6.54%
10Y annualised7.27%

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 ₹1,23,6435.65%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,00,5787.06%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,18,8157.16%

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

Calendar years

Calendar 20214.08%
Calendar 20224.11%
Calendar 20237.50%
Calendar 20248.54%
Calendar 20258.24%

Rolling returns

Rolling 1Y · average649 windows since 7 Jan 20147.93%
Rolling 1Y · median8.36%
Rolling 1Y · worst window2.92%
Rolling 1Y · best window12.16%
Rolling 1Y · windows positive100%
Rolling 3Y · average548 windows since 4 Jan 20167.78%
Rolling 3Y · median7.76%
Rolling 3Y · worst window5.15%
Rolling 3Y · best window10.33%
Rolling 3Y · windows positive100%
Rolling 5Y · average446 windows since 2 Jan 20187.65%
Rolling 5Y · median7.53%
Rolling 5Y · worst window6.39%
Rolling 5Y · best window8.78%
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)0.87%
Downside deviation (3Y)0.41%
Maximum drawdown-0.53%

Management

Fund managerVikash Agarwal
Managing since2 Sep 2026

What it holds

SecurityWeight
7.96% Pipeline Infrastructure Private Limited**3.4%
7.57% Indian Railway Finance Corporation Limited**3.4%
Sundaram Home Finance Limited**2.7%
Mahindra & Mahindra Financial Services Limited**2.7%
7.64% National Bank For Agriculture and Rural Development**2.4%
8.54% REC Limited**2.2%
7.4% Summit Digitel Infrastructure Limited**2.1%
7.5% State Government Securities2.0%
8.15% JIO Credit Limited**2.0%
7.45% Bharti Telecom Limited**2.0%
SectorWeight
CRISIL AAA55.7%
SOVEREIGN22.7%
ICRA AAA7.0%
CRISIL AAA(SO)5.4%
FITCH A1+1.3%

Portfolio disclosed: 96.0% by weight.

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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