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    • Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M)

    Formerly Nippon India FRF Mn DR

    Nippon Mutual Fund

    Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M)

    DebtFloater

    Top Ranked

    10.9982

    NAV (Sep 23)

    7.4%
    3 Year CAGR
    Scripbox Opinion

    Top Ranked

    These are the top-ranked funds within floater mutual funds.However, Scripbox does not recommend investing in 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.

    Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

    Our analysis of this fundLearn how we rate funds ->

    Track Record

    17 Years. The fund has an Extended history for analysis and the track record is excellent.

    Relative Size

    20,561 Cr. Category leader in size

    Impact of Interest Rate Changes

    Moderate Interest Rate Risk. The impact on fund value is moderate when interest rates change

    Credit Quality Of Fund's Portfolio

    Low Credit Risk. The fund has a high credit quality compared to other debt funds

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    Short Term Money

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment

    No single fund can achieve what a plan can. Learn why

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    Historical NAV

    10.9982

    NAV (Sep 23)

    Fund Returns

    Last 1Y
    6.2%
    Last 3Y
    7.4%
    Last 5Y
    6%
    Last 10Y
    6.1%
    Since Inception
    6%
    6 Month CAGR
    3.3%
    info-icon-blue

    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.

    Low

    Low to Moderate

    Moderate

    Moderately High

    High

    Very High

    risk-indicator-arrow.svg

    Low to Moderate Risk

    Expense Ratio
    0.57
    Launched (17y ago)
    Aug 27, 2004
    AUM in Crores
    20560.476
    ISIN
    INF204K01CK3
    Lock-in
    No Lock-in
    Benchmark
    CRISIL Short Term Bond Fund TR INR
    SIP Minimum
    1000
    Lumpsum Min.
    5000
    Fund Managers
    user-avatar

    Anju Chhajer

    Fund Manager

    user-avatar

    Kinjal Desai

    Fund Manager

    calculator

    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.

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    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • Inflation beating returns
      Inflation beating returns
    • Expert Investing Only, Car, Down Payment
      Expert Investing Only, Car, Down Payment
    • One click investing  tracking
      One click investing tracking
    comparison

    Comparison with Debt Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    Kotak Savings Fund (G)

    recommended-badge

    ₹ 13,951 cr

    5

    recommended-badge

    ₹ 33,662 cr

    5

    recommended-badge

    ₹ 11,134 cr

    5

    recommended-badge

    ₹ 31,274 cr

    5

    recommended-badge

    ₹ 24,210 cr

    5

    amc-icon

    About the AMC

    Nippon Life India Asset Management Ltd

    Nippon Life India Asset Management Ltd manages assets worth 237,988 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 90 equity,369 debt and 34 hybrid funds.

    amc-img

  • tel-amc-about
    022-33031000
  • mail-amc-about
    customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    5.1%

    7%

    recommended-badge

    24.3%

    22.8%

    top-ranked-badge

    4.4%

    6.7%

    top-ranked-badge

    22.9%

    22.5%

    top-ranked-badge

    3.6%

    5.4%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

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    Invest via netbanking, UPI or through an SIP (eNACH mandate).

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M)

    About Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M)

    Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M) is a Floater Debt fund and has delivered an annualised return of 6% over a period of 17 years. The fund was previously known as Nippon India FRF Mn DR . The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Anju Chhajer, Kinjal Desai

    Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M) 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. . However, there is no assurance that the objective of the scheme will be realized.

    Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M) NAV,AUM,Risk

    The Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M) fund was launched on Aug 27, 2004. The NAV (Net Asset Value) of this Floater Debt fund as of 2021-09-23 is ₹11.00. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹20560.476. The category risk of the Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M) fund is Low to Moderate Risk. The fund charges 0.57 % as expense ratio.

    Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M) Holdings

    The fund’s highest allocation is towards Debt and has invested 92.2% in this asset class. The top three holdings of the fund are , 7.35% govt stock 2024 , triparty repo , 7.68% govt stock 2023 , bajaj housing finance limited , 5.22% goi 2025 , state bank of india , 7.32% govt stock 2024 , net current assets , small industries development bank of india , national bank for agriculture and rural development , 7.16% govt stock 2023 , national bank for agriculture and rural development , reliance industries limited , tata capital financial services limited , 4.26% govt stock 2023 , axis bank limited , l&t infrastructure finance company limited , housing development finance corporation limited , tata capital housing finance limited , bajaj finance limited , tata capital limited , larsen and toubro limited , indian railway finance corporation limited , rec limited , 6.18% govt stock 2024 , aditya birla finance limited , national bank for agriculture and rural development , power finance corporation limited , national bank for agriculture and rural development , india grid trust , rural electrification corporation limited , 8.64% madhya pradesh sdl 2023 , export-import bank of india , rec limited , axis finance limited , tata capital financial services limited , tata capital financial services limited , sikka ports & terminals limited , india infradebt limited , jamnagar utilities & power private limited , l&t infrastructure finance company limited , 8.21% hr sdl spl 2024 , india grid trust , nabha power limited , icici home finance company limited , rural electrification corporation limited , hdb financial services limited , indian railway finance corporation limited , hdb financial services limited , 7.37% govt stock 2023 , rural electrification corporation limited , bajaj finance limited , hindustan petroleum corporation limited , power finance corporation limited , 06.49 mp sdl 2024 , lic housing finance limited , l&t finance limited , hindustan zinc limited , bajaj finance limited , 8.10% tamil nadu sdl 2023 , 8.83% govt stock 2023 , 8.10 % kerela sdl 2023 , 06.82 rj sdl 2024 , l&t infrastructure finance company limited , reliance industries limited , hdb financial services limited , 4.48% govt stock 2023 , tata capital housing finance limited , bajaj housing finance limited , rural electrification corporation limited , 8.12% chattisgarh sdl 2023 , mahindra & mahindra limited , 05.47 rj sdl 2024 , 8.60% tamil nadu sdl 2023 , l&t infrastructure finance company limited , bajaj finance limited , housing development finance corporation limited , axis bank limited , 6.17% govt stock 2023 , national bank for agriculture and rural development , tata capital limited , 05.40 cg sdl 2024 , rural electrification corporation limited , reliance utilities and power private limited , nabha power limited , 8.66% jharkhand sdl 2023 , 8.60% kerela sdl 2023 , rec limited , national bank for agriculture and rural development , 8.83% maharashtra sdl 2024 , housing development finance corporation limited , housing development finance corporation limited , 8.62% maharashtra sdl 2023 , 8.59% andhra pradesh sdl 2023 , reliance jio infocomm limited , national housing bank , indian railway finance corporation limited , housing development finance corporation limited , power finance corporation limited , power finance corporation limited , 05.52 mp sdl 2024 , axis finance limited , hdb financial services limited , rec limited , 05.68 mh sdl 2024 , 9.11% maharashtra sdl 2024 , 8.63% madhya pradesh sdl 2023 , 8.64% jharkhand sdl 2023 , housing development finance corporation limited , 8.99% tamil nadu sdl 2024 , 8.52% rajasthan sdl 2023 , 6.30% govt stock 2023 , 8.25% up sdl spl 2023 , larsen and toubro limited , bajaj finance limited , 8.65% chhattisgarh sdl 2023 , power finance corporation limited , indian railway finance corporation limited , 9.50% maharashtra sdl 2023 , 9.01% maharashtra sdl 2024 , 05.52 ap sdl 2024 , first business receivables trust , first business receivables trust , reliance industries limited , power finance corporation limited , larsen and toubro limited , bajaj housing finance limited , first business receivables trust , first business receivables trust , rural electrification corporation limited , first business receivables trust , first business receivables trust , first business receivables trust , first business receivables trust , 7.70% ts sdl spl 2023 , 8.90% haryana sdl 2024 , 9.37% gujarat sdl 2023 , tata capital financial services limited , 8.99% maharashtra sdl 2024 , 8.96% tamil nadu sdl 2024 , national bank for agriculture and rural development , power finance corporation limited , axis bank limited , 7.68% mp sdl spl 2023 , 08.27% rj sdl spl 2023 , reliance industries limited , power finance corporation limited , lic housing finance limited

    Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M) Investment volatility and Horizon

    This fund 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 Inc Dist cum Cap Wdrl (RIDCW-M) Review

    Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M) has a score of 4 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Floating Rate Fund Inc Dist cum Cap Wdrl (RIDCW-M) has a score of 5out of 5 The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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