GMP IPO Watch
Debt Scheme - Floater Fund
Nippon India Floating Interest Rates Fund
Direct Plan · WEEKLY IDCW Option · Nippon India Mutual Fund
Risk: Low to Moderate Risk
52W Low ₹10.22 21 May 2026
52W High ₹10.40 10 Nov 2025
₹10.2676
NAV as of 4 Nov 2026
+0.14% day change
Other Plans of This Fund
Direct Plan · DAILY IDCW Option
Direct Plan · Growth Option
Direct Plan · IDCW Option
Direct Plan · MONTHLY IDCW Option
Direct Plan · QUARTERLY IDCW Option
Regular Plan · Growth Option
Regular Plan · IDCW Option
Regular Plan · IDCW Option
Regular Plan · MONTHLY IDCW Option
Regular Plan · QUARTERLY IDCW Option
Regular Plan · WEEKLY IDCW Option
ISININF204K01D14
Scheme Code118660
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹0.59 Cr
Expense Ratio (as of 29 Oct 2026)0.35%
Min. InvestmentRs 5000 and in multiples of Re 1 thereafter
Inception Date23 Aug 2004
BenchmarkNIFTY Short Duration Debt Index A-II · NA
Portfolio Turnover85.71%
NFO Period23-Aug-2004 – 27-Aug-2004
Returns
1Y
-1.13%
3Y
+0.07%
5Y
+0.05%
7Y
+0.18%
10Y
+0.08%
Since Inception
+0.13%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.42% | +0.37% | 4 of 12 |
| 1M | +0.22% | +0.19% | 8 of 12 |
| 3M | +0.10% | +0.39% | 9 of 12 |
| 6M | +0.18% | +2.02% | 8 of 12 |
| YTD | -0.61% | +3.04% | 9 of 12 |
| 1Y | -1.13% | +3.59% | 9 of 12 |
| 2Y | -0.31% | +4.72% | 6 of 12 |
| 3Y | +0.07% | +5.26% | 8 of 12 |
| 5Y | +0.05% | +4.67% | 6 of 12 |
| 7Y | +0.18% | +3.42% | 1 of 7 |
| 10Y | +0.08% | +2.72% | 2 of 5 |
| INCEPTION | +0.13% | — | — |
Ranked among: Debt Scheme - Floater Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.04% | +4.42% | -2.40% | 53% | 21% |
| 6M | +0.06% | +4.14% | -2.08% | 54% | 21% |
| 1Y | +0.16% | +3.75% | -2.60% | 61% | 24% |
| 2Y | +0.20% | +1.69% | -1.10% | 64% | 26% |
| 3Y | +0.19% | +1.14% | -0.69% | 68% | 27% |
| 5Y | +0.19% | +0.84% | -0.38% | 87% | 35% |
| 7Y | +0.24% | +0.69% | -0.26% | 99% | 39% |
| 10Y | +0.19% | +0.42% | +0.02% | 100% | 40% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt91.14%
- Cash8.86%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings104
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Triparty Repo | Reverse Repo / TREPS | 5.59% | — |
| 7.96% Pipeline Infrastructure Private Limited** | Debt | 3.41% | +0.02% |
| IRFC-7.57%-18-4-29-PVT | Debt | 3.34% | +0.00% |
| Net Current Assets | Net Current Assets | 2.90% | — |
| Mahindra & Mahindra Financial Services Limited** | Debt | 2.68% | +0.02% |
| 7.64% National Bank For Agriculture and Rural Development** | Debt | 2.40% | +0.01% |
| HDFC Bank Limited** | Money Market | 2.28% | +0.03% |
| 8.54% REC Limited** | Debt | 2.20% | +0.01% |
| 7.4% Summit Digitel Infrastructure Limited** | Debt | 2.13% | +0.01% |
| 8.15% JIO Credit Limited** | Debt | 1.99% | -0.01% |
| 7.45% Bharti Telecom Limited** | Debt | 1.97% | +0.01% |
| HDFC Bank Limited | Money Market | 1.97% | — |
| National Bank For Agriculture and Rural Development** | Money Market | 1.96% | — |
| 8.75% LIC Housing Finance Limited** | Debt | 1.84% | +0.01% |
| Small Industries Dev Bank of India** | Debt | 1.71% | +0.02% |
View all 108 holdings
| 8.2% Tata Capital Housing Finance Limited | Debt | 1.68% | — |
| 7.64% Bajaj Housing Finance Limited | Debt | 1.64% | +0.00% |
| 7.45% Power Finance Corporation Limited** | Debt | 1.60% | +0.01% |
| SST-7.80%-28-9-30-PTC | Debt | 1.60% | -0.03% |
| RKST-7.66%-28-9-28-PTC | Debt | 1.60% | -0.02% |
| Sundaram Home Finance Limited** | Debt | 1.53% | -0.26% |
| 6.45% Government of India | Debt | 1.52% | +0.02% |
| ICICI Home Finance Company Limited** | Debt | 1.34% | — |
| SST-7.73%-28-9-29-PTC | Debt | 1.34% | -0.02% |
| 7.77% Bajaj Finance Limited** | Debt | 1.32% | +0.00% |
| 7.79% Tata Capital Housing Finance Limited** | Debt | 1.32% | +0.00% |
| Union Bank of India | Money Market | 1.31% | — |
| HDFC Bank Limited** | Money Market | 1.30% | — |
| Small Industries Dev Bank of India** | Money Market | 1.27% | +0.01% |
| 7.61% Kotak Mahindra Investments Limited** | Debt | 1.25% | +0.00% |
| SDL TN 7.02% 2029 | Debt | 1.13% | +0.00% |
| 814GJ2029 | Debt | 1.09% | +0.00% |
| 7.47% Small Industries Dev Bank of India** | Debt | 1.06% | +0.00% |
| 7.88% Poonawalla Fincorp Limited** | Debt | 1.05% | +0.01% |
| 8.7% REC Limited** | Debt | 1.03% | +0.01% |
| 7.44% Small Industries Dev Bank of India | Debt | 1.00% | +0.00% |
| 7.48% National Bank For Agriculture and Rural Development | Debt | 1.00% | +0.00% |
| 7.53% Poonawalla Fincorp Limited** | Debt | 1.00% | +0.01% |
| GS22SEP33 | Debt | 0.98% | +0.01% |
| Canara Bank | Money Market | 0.98% | — |
| 7.51% Small Industries Dev Bank of India | Debt | 0.93% | +0.00% |
| 7.89% Summit Digitel Infrastructure Limited** | Debt | 0.80% | +0.00% |
| IUTA1-8.12%-20-7-27-PTC | Debt | 0.77% | -0.18% |
| 8.32% State Government Securities | Debt | 0.75% | +0.00% |
| GS15APR29C | Debt | 0.74% | +0.00% |
| GS15OCT29C | Debt | 0.69% | +0.01% |
| PFC-9.00%-11-3-28-PVT | Debt | 0.68% | +0.00% |
| IUTAL2-8.09%-21-11-27-PTC | Debt | 0.68% | -0.08% |
| 7.87% IndiGrid Infrastructure Trust** | Debt | 0.67% | +0.00% |
| 8.25% Nomura Fixed Inc Securities Pvt Ltd** | Debt | 0.67% | +0.00% |
| 7.9% Jamnagar Utilities & Power Private Limited** | Debt | 0.67% | +0.00% |
| 8.05% Tata Capital Housing Finance Limited** | Debt | 0.67% | +0.00% |
| 7.68% National Bank For Agriculture and Rural Development** | Debt | 0.67% | +0.00% |
| 7.4% Export Import Bank of India** | Debt | 0.67% | +0.00% |
| 7.86% Aditya Birla Housing Finance Limited** | Debt | 0.67% | +0.01% |
| 7.75% Bharti Telecom Limited** | Debt | 0.66% | +0.00% |
| 7.9% HDB Financial Services Limited** | Debt | 0.66% | +0.00% |
| 7.28% REC Limited** | Debt | 0.66% | +0.00% |
| 7.22% Small Industries Dev Bank of India | Debt | 0.66% | +0.00% |
| 6.64% Housing & Urban Development Corporation Limited** | Debt | 0.66% | +0.00% |
| 6.85% National Bank For Agriculture and Rural Development | Debt | 0.66% | +0.01% |
| 6.74% Small Industries Dev Bank of India** | Debt | 0.65% | +0.00% |
| 7.17% REC Limited** | Debt | 0.65% | -0.65% |
| National Bank For Agriculture and Rural Development** | Money Market | 0.65% | -1.93% |
| SDL TN 7.15% 2033 | Debt | 0.59% | +0.00% |
| 7.96% Pipeline Infrastructure Private Limited** | Debt | 0.59% | +0.00% |
| 7.96% Pipeline Infrastructure Private Limited** | Debt | 0.59% | +0.00% |
| 7.87% Bajaj Housing Finance Limited** | Debt | 0.58% | -0.08% |
| 8.85% Power Finance Corporation Limited** | Debt | 0.55% | +0.00% |
| 7.62% National Bank For Agriculture and Rural Development** | Debt | 0.53% | +0.00% |
| 8.45% Indian Railway Finance Corporation Limited** | Debt | 0.51% | +0.00% |
| SDL HR 7.17% 2030 | Debt | 0.47% | +0.00% |
| 7.98% Bajaj Finance Limited** | Debt | 0.47% | +0.01% |
| 7.44% National Bank For Agriculture and Rural Development | Debt | 0.46% | +0.00% |
| 7.87% Summit Digitel Infrastructure Limited** | Debt | 0.40% | +0.00% |
| 7.7% Small Industries Dev Bank of India** | Debt | 0.40% | — |
| Small Industries Dev Bank of India** | Money Market | 0.39% | +0.01% |
| 808MHSDL28 | Debt | 0.34% | +0.00% |
| 8.08% State Government Securities | Debt | 0.34% | +0.00% |
| 7.86% State Government Securities | Debt | 0.34% | +0.00% |
| 8.6% REC Limited** | Debt | 0.34% | +0.00% |
| 7.7% Nuclear Power Corporation Of India Limited** | Debt | 0.34% | +0.01% |
| Tata Capital Limited** | Debt | 0.33% | +0.00% |
| 8.18% Mahindra & Mahindra Financial Services Limited | Debt | 0.33% | -1.00% |
| 7.45% Indian Railway Finance Corporation Limited** | Debt | 0.33% | +0.00% |
| 7.42% Power Finance Corporation Limited** | Debt | 0.33% | +0.00% |
| 8.05% Bajaj Housing Finance Limited** | Debt | 0.33% | +0.00% |
| 7.49% Small Industries Dev Bank of India** | Debt | 0.33% | +0.00% |
| IRFC-7.08%-28-2-30-PVT | Debt | 0.33% | +0.00% |
| Punjab National Bank | Money Market | 0.33% | — |
| Corporate Debt Market Development Fund Class A2 | Reverse Repo / TREPS | 0.33% | +0.01% |
| 7.55% L&T Metro Rail (Hyderabad) Limited** | Debt | 0.32% | -0.01% |
| 763MAHSDL30 | Debt | 0.27% | +0.00% |
| Bank of Baroda | Money Market | 0.20% | — |
| National Highways Infra Trust** | Debt | 0.14% | +0.00% |
| SDL GJ 7.17% 2030 | Debt | 0.13% | +0.00% |
| 8% Tata Capital Housing Finance Limited** | Debt | 0.13% | +0.00% |
| National Highways Infra Trust** | Debt | 0.12% | -0.01% |
| 8.2% Aditya Birla Housing Finance Limited** | Debt | 0.11% | -0.13% |
| SDL MP 7.18% 2030 | Debt | 0.07% | +0.00% |
| 7.62% National Bank For Agriculture and Rural Development** | Debt | 0.07% | — |
| Punjab National Bank** | Money Market | 0.07% | — |
| Canara Bank** | Money Market | 0.07% | — |
| SDL KA 7.13% 2034 | Debt | 0.06% | +0.00% |
| Cash Margin - CCIL | Net Current Assets | 0.04% | — |
| 838GJSDL29 | Debt | 0.03% | +0.00% |
| 7.9% Sikka Ports and Terminals Limited** | Debt | 0.02% | +0.00% |
| 7.51% State Government Securities | Debt | 0.00% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.51 | 1.02 | High Volatility |
| 3Y | 1.34 | 0.86 | High Volatility |
| 5Y | 1.23 | 0.82 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -6.54 | -5.21 | Below Average |
| 3Y | -5.51 | -4.53 | Below Average |
| 5Y | -6.66 | -4.00 | Below Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.96 | 6.29 | Below Average |
| 3Y | 0.08 | 12.69 | Below Average |
| 5Y | 0.06 | 10.54 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 7.92 | 6.75 | Poor Risk Adjusted Returns |
| 3Y | 6.55 | 6.02 | Poor Risk Adjusted Returns |
| 5Y | 6.33 | 5.48 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
SBI Floating Interest Rates Fund
Regular Plan · Growth
|
+5.88% | +7.19% | +6.54% | +6.20% |
|
Axis Floating Interest Rates Fund
Regular Plan · Quarterly IDCW Option
|
+5.45% | +7.01% | +5.63% | +5.52% |
|
Tata Floating Interest Rates Fund
Direct Plan · IDCW Monthly Payout Option
|
+5.45% | +7.27% | +6.72% | +6.56% |
|
BANDHAN FLOATING INTEREST RATES FUND
Regular Plan · Growth
|
+5.30% | +7.09% | +6.23% | +5.92% |
|
ICICI Prudential Floating Interest Rates Fund
Regular Plan · Growth
|
+5.24% | +7.00% | +6.39% | +7.54% |
|
UTI Floating Interest Rates Fund
Regular Plan · Growth
|
+5.18% | +6.50% | +5.86% | +6.10% |
|
Kotak Floating Interest Rates Fund
Regular Plan · STANDARD Reinvestment of Income Distribution cum capital withdrawal option
|
+4.71% | +7.15% | +6.30% | +5.06% |
|
DSP Floating Interest Rates Fund
Regular Plan · Growth
|
+4.53% | +7.30% | +6.27% | +6.28% |
|
HDFC Floating Interest Rates Fund
Regular Plan · Daily IDCW Option
|
+0.00% | +0.00% | +0.02% | +0.00% |
|
Aditya Birla Sun Life Floating Interest Rates Fund
Regular Plan · Daily IDCW
|
-1.07% | -0.13% | -0.05% | -0.03% |
More From Nippon Life India Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Direct Plan · Growth Option
|
+61.78% | +49.40% | — | +24.96% |
|
Nippon India Silver ETF
Direct Plan
|
+26.05% | +36.23% | — | +25.08% |
|
Nippon India Silver ETF FOF
Direct Plan · IDCW Option
|
+24.99% | +35.38% | — | +24.09% |
|
Nippon India Nifty Pharma ETF
Direct Plan
|
+22.83% | +22.93% | +15.06% | +13.35% |
|
Nippon India Japan Equity Fund
Direct Plan · IDCW Option
|
+20.27% | +21.27% | +9.63% | +9.56% |
|
Nippon India ETF Gold BeES
Direct Plan
|
+16.58% | +30.82% | +23.10% | +15.30% |
|
Nippon India Gold Savings Fund
Direct Plan · Growth Option
|
+16.51% | +30.76% | +22.97% | +10.34% |
|
Nippon India US Equity Opportunities Fund
Direct Plan · IDCW Option
|
+11.90% | +18.73% | +10.93% | +14.93% |
|
Nippon India Pharma Fund
Direct Plan · Growth Option
|
+10.54% | +18.85% | +14.53% | +17.34% |
|
Nippon India Fixed Maturity Plan - XLV - Series 5
Direct Plan · Growth Option
|
+7.36% | +8.43% | — | +8.54% |
About This Scheme
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. There is no assurance that the investment objective of the Scheme will be achieved.
Stated Asset Allocation
Floating rate instruments (Including fixed rate instruments converted to floating rate exposures using swaps/derivatives); Maximum 100%, Minimum 65%. Fixed rate debt instruments (including securitized debt, money market instruments & floating rate debt instruments swapped for fixed rate returns); Maximum 35%, Minimum 0%. Units issued by REITs and InvITs; Maximum 10%, Minimum 0%.
Exit Load
Nil
Fund Managers
Vikash Agarwal
Primary
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Nippon Life India Asset Management Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.