• Mutual Funds
  • Nippon Mutual Fund
  • Nippon India Floating Rate Fund (Growth)

Formerly Reliance FRF Gr

Nippon Mutual Fund

Nippon India Floating Rate Fund (Growth)

DebtFloater

Top Ranked

37.0368

NAV (Nov 25)

6.2%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within floater mutual funds.

Floater Funds are mandated to invest a minimum of 65% of total assets in Floating Rate Instruments.

This is a relatively small category with a limited number of funds.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

Scripbox Recommended Debt Funds

Want the Debt funds that are right for your short term investment needs?

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

37.0368

NAV (Nov 25)

Fund Returns

Last 1Y

3.4%

Last 3Y

6.2%

Last 5Y

6.5%

Last 10Y

7.5%

Since Inception

7.4%

6 Month CAGR

2.6%

Scheme Information

Investment Objective

The primary objective of the scheme is to generate regular income through investment predominantly in floating rate and money market instruments and fixed rate debt instruments.

Expense Ratio

0.6

Launched (18y ago)

Aug 27, 2004

AUM in Crores

8508.377

ISIN

INF204K01CG1

Lock-in

No Lock-in

Benchmark

CRISIL Short Term Bond Fund TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

1.8

Standard Deviation (5yr)

1.7

Beta (3yr)

0.93

Beta (5yr)

0.94

Sharpe Ratio (3yr)

1.064

Sharpe Ratio (5yr)

0.759

YTM

7.37

Fund Managers

Kinjal Desai

Fund Manager

Anju Chhajer

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-11-25

Top Debt Holdings

triparty repo

12.8%
12.8%

7.59% govt stock 2026

6.4%
6.4%

small industries development bank of india

6.4%
6.4%

7.35% govt stock 2024

5%
5%

tata capital housing finance limited

4.7%
4.7%
See all holdings

Compare Nippon India Floating Rate Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 46,469 cr

₹ 14,221 cr

₹ 18,664 cr

₹ 13,008 cr

₹ 46,469 cr

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 249,383 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,374 debt and 32 hybrid funds.

amc-img

  • 022-33031000
  • customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    20.4%

    15.8%

    4%

    6.8%

    3.9%

    6.6%

    20%

    17.8%

    3.9%

    5.5%

    Nippon India Floating Rate Fund (G) Review

    Nippon India Floating Rate Fund (G) is a Floater Debt fund and has delivered an annualised return of 7.4% over a period of 18 years. The fund was previously known as Reliance FRF Gr. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Anju Chhajer, Kinjal Desai.

    Nav of Nippon India Floating Rate Fund (G) as of 11/25/2022 is ₹37.04 with the total AUM as of 11/27/2022 is ₹8508.377. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Floating Rate Fund (G) was launched on Aug 27, 2004. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for Nippon India Floating Rate Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    Nippon India Floating Rate Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Short Term Bond Fund TR INR.

    Nippon India Floating Rate Fund (G) is rated as a 4 fund in Debt and delivered 3.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Floating Rate Fund (G).

    Frequently Asked Questions

    What is Nippon India Floating Rate Fund (G)?

    Nippon India Floating Rate Fund (G) is a Floater Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in Nippon India Floating Rate Fund (G)?

    You can invest in Nippon India Floating Rate Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of Nippon India Floating Rate Fund (G)?

    The minimum sip amount for Nippon India Floating Rate Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is Nippon India Floating Rate Fund (G) good to invest in?

    As per Scripbox experts, Nippon India Floating Rate Fund (G) is a Top Ranked fund. You can investNippon India Floating Rate Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the Nippon India Floating Rate Fund (G)?

    The expense ratio of the Nippon India Floating Rate Fund (G) is 0.6% for regular plan.