OmniAsset
Get app

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 202610.9731
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₹0.04 Cr
Growth of ₹10,000₹10,2542 Sep 2021 to 2 Sep 2026
₹10,493₹10,333₹10,174₹10,015₹9,856Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹10,254 (+0.5% a year) Nippon India Floating Interest Rates Fund

Performance (trailing, annualised)

1Y annualised0.25%
3Y annualised0.49%
5Y annualised0.50%
10Y annualised0.46%

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 ₹1,20,4440.68%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,62,5530.46%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,09,6100.63%

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

Calendar years

Calendar 2021-0.04%
Calendar 20220.52%
Calendar 20231.01%
Calendar 20240.94%
Calendar 20250.51%

Rolling returns

Rolling 1Y · average563 windows since 22 Jan 20140.62%
Rolling 1Y · median0.76%
Rolling 1Y · worst window-3.29%
Rolling 1Y · best window3.61%
Rolling 1Y · windows positive76%
Rolling 3Y · average507 windows since 18 Jan 20160.62%
Rolling 3Y · median0.72%
Rolling 3Y · worst window-1.03%
Rolling 3Y · best window2.01%
Rolling 3Y · windows positive84%
Rolling 5Y · average404 windows since 23 Jan 20180.55%
Rolling 5Y · median0.48%
Rolling 5Y · worst window-0.13%
Rolling 5Y · best window1.59%
Rolling 5Y · windows positive98%

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

Risk

Volatility (3Y)3.75%
Downside deviation (3Y)3.64%
Maximum drawdown-3.61%

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.

Research this fund and compare it — on your device.

Get OmniAsset on Google Play The mutual fund tracker