Nippon India Floating Rate Fund - Direct Plan
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.
Suitability
This product is suitable for investors who are seeking• • Income over short term.Investment predominantly floating rate and money market instruments with tenure exceeding 3 months but upto a maturity of 3 years and fixed rate debt securiies
Fund Info
| Scheme Class | Debt |
| Scheme Category | Floating Rate |
| Benchmark Type | CRISIL Liquid Fund TR INR |
| Expense Ratio | 0.15% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 5,931 |
| AMC AUM (in Crs.) | ₹ 2,33,617 |
| Min Addition Subscription | ₹ 1,000 |
Building Graph
Peer Comparison
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|
Top 10 Holdings
| Company | Holding Type | Asset(%) |
|---|---|---|
| Citibank N.A. | Cash - CD Time Deposit | 7 |
| Tata Sons Limited | Bond - Corporate Bond | 6 |
| Nabha Power Limited | Bond - Corporate Bond | 6 |
| Net Current Assets | Cash | 6 |
| Mahindra & Mahindra Financial Services Ltd | Bond - Corporate Bond | 5 |
| Reliance Ports And Terminals Limited | Bond - Corporate Bond | 5 |
| India Grid Trust | Bond - Asset Backed | 4 |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | 4 |
| LIC Housing Finance Limited | Bond - Corporate Bond | 4 |
| HDB Financial Services Limited | Bond - Corporate Bond | 4 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Bond - Corporate Bond | 73 |
| Cash - CD Time Deposit | 12 |
| Bond - Asset Backed | 8 |
| Cash | 6 |
| Cash - Commercial Paper | 2 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Bond - Corporate Bond | 73 |
| Cash - CD Time Deposit | 12 |
| Bond - Asset Backed | 8 |
| Cash | 6 |
| Cash - Commercial Paper | 2 |
Nippon India Mutual Fund
AUM₹2,33,617 Cr
About
Reliance Mutual Fund is a part of Reliance Anil Dhirubhai Ambani (ADA) Group and it is one of the largest growing asset management companies in India. It has an asset under management of Rs 2,40,445.37 and 83.99 lakhs folios.##Reliance Mutual Fund is present across 160 cities across the country. The main motto of the asset management company is to launch products that are not only innovative, but also conducive for investors. They believe in increasing their value to investors.##RMF provides a host of mutual funds across various categories, be it equity, debt and hybrid. The schemes have a well-managed portfolio and it has pioneered to become one of the most trusted asset management companies in India.##Reliance Mutual Fund has been sponsored by Reliance Capital Limited and Nippon Life Insurance Company.
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AddressCalculate Returns
Investment DurationYears6Months0
Investment Amount₹ 10000
Return Amount₹ 4185
Return Rate6 %
Duration6y 0m