Nippon India Floating Interest Rates Fund Direct-Growth

  • 3 Months
  • 6 Months
  • 1 Year
  • 3 Years
  • 5 Years
  • RSI
3 Months Returns : 0.64%
NAV: ₹51.21 as on Thu Nov 05, 2026
Fund NAV

Fund Overview of Nippon India Floating Interest Rates Fund Direct-Growth

  • ₹7,438.8 Cr
    AUM
  • ₹51.21
    NAV
  • 0.35%
    Expense Ratio
  • Debt
    Fund Category
As on Thu Nov 05, 2026
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Minimum amount you can invest: ₹500

Maximum amount you can invest: ₹1,00,000

We have used a return rate of 15% for our calculations.

The total value of your investment after 10 years will be
₹ 1,39,328.64
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Nippon India Floating Interest Rates Fund Direct-Growth Return Comparison

Tenure Absolute(%) Annualised(%) Category Average(%)
3 Months 0.64% NA 1.11%
6 Months 2.96% NA 4.55%
1 Year 4.85% 4.85% 8.48%
2 Years 14.00% 6.77% 8.44%
3 Years 23.75% 7.36% 8.07%
5 Years 37.78% 6.62% 6.77%
7 Years 61.01% 7.04% NA
10 Years 99.87% 7.17% 7.55%
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As on Thu Nov 05, 2026

Asset Allocation of Nippon India Floating Interest Rates Fund Direct-Growth

debt instruments

94.41%

other assets or cash equivalents

5.59%
Top Holdings
Repo
5.59%
Repo
5.59%
Repo
5.59%
Net Current Assets
4.14%
Net Current Assets
4.14%
 
Top Sectors
Unspecified
32.82%
Industrials
20.31%
Financial
19.57%
Detailed Portfolio Analysis
As on Thu Nov 05, 2026
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About Fund

About Nippon India Floating Interest Rates Fund Direct-Growth

Nippon India Floating Interest Rates Fund Direct-Growth is one Debt mutual fund offered by Nippon India Mutual Fund. Launched on 01 Jan 2013, the fund aims Income over short term. Investment predominantly in floating rate instruments (Including fixed rate instruments converted to floating rate exposures using swaps/ derivatives. It manages assets worth ₹7,438.8 crore as on Sat Oct 31, 2026. The expense ratio stands at 0.35%.
The portfolio allocation consists of 94.41% in debt instruments, 5.59% in other assets or cash equivalents.Managed by Vikash Agarwal, it has delivered a return of 4.85% in the last year, a total return since inception of 7.78%.
For those looking to make well-planned investment decisions it is useful to review best sip to invest that align with long-term goals.

Read more
  • Vikash Agarwal

    Fund Manager

  • Mr. Agarwal is a B.Com., CA, CFA

    Manager Education

Key Metrics of Nippon India Floating Interest Rates Fund Direct-Growth

  • Standard Deviation
    1.37%
  • Mean
    6.97%
  • Sharpe Ratio
    1.03%
  • Sortino Ratio
    1.66%

Nippon India Floating Interest Rates Fund Direct-Growth Fund Details

Fund Names Nippon India Floating Interest Rates Fund Direct-Growth
Inception Date 01 Jan 2013
Lock In No Lock-in
 
Risk Principal at low to moderate risk
Category Average Annual Returns 8.48
More Details
Highest NAV in last 52 weeks & Lowest NAV in last 52 weeks

Compare Mutual Funds
Nippon India Floating Interest Rates Fund Direct-Growth Fund Returns Comparison

Compare Nippon India Floating Interest Rates Fund Direct-Growth with other mutual funds in the same category

Nippon India Floating Interest Rates Fund Direct-Growth

Axis Floating Interest Rates Fund Direct-Growth

Axis Floating Interest Rates Fund Direct-IDCW Daily

Compare more funds

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Top Performing Mutual Funds

Fund Names AUM (Cr) 1M 3M 1Yr 3Yr 5Yr
Axis Floating Interest Rates Fund Direct-Growth trend ₹145 1.02% 1.30% 7.08% 8.52% 7.34%
Axis Floating Interest Rates Fund Direct-IDCW Daily trend ₹145 1.02% 1.30% 7.08% 8.52% 7.34%
Axis Floating Interest Rates Fund Direct-IDCW Monthly trend ₹145 1.02% 1.30% 7.08% 8.52% 7.34%
Axis Floating Interest Rates Fund Direct-IDCW Quarterly trend ₹145 1.02% 1.30% 7.08% 8.52% 7.34%
Axis Floating Interest Rates Fund Direct-IDCW Yearly trend ₹145 1.02% 1.30% 7.08% 8.52% 7.34%
Franklin India Floating Interest Rates Fund Direct-Growth trend ₹256 0.25% 1.00% 5.97% 7.96% 7.19%
Franklin India Floating Interest Rates Fund Direct-IDCW Daily trend ₹256 0.25% 1.00% 5.97% 7.96% 7.19%
ICICI Prudential Floating Interest Rates Fund Direct-Growth trend ₹8,027 0.39% 0.80% 6.10% 7.73% 7.12%
ICICI Prudential Floating Interest Rates Fund Direct-IDCW Daily trend ₹8,027 0.39% 0.80% 6.10% 7.73% 7.12%
ICICI Prudential Floating Interest Rates Fund Direct-IDCW Others trend ₹8,027 0.39% 0.80% 6.10% 7.73% 7.12%
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increase growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns

More funds from Nippon India Mutual Fund

Fund Names AUM (Cr) 1M 3M 6M 1Yr 3Yr
Nippon India Floating Interest Rates Fund-Growth increase ₹7,439 0.39% 0.56% 2.80% 4.54% 7.05%
Nippon India Floating Interest Rates Fund Direct-IDCW increase ₹7,439 0.41% 0.64% 2.96% 4.85% 7.36%
Nippon India Floating Interest Rates Fund-IDCW increase ₹7,439 0.39% 0.56% 2.80% 4.54% 7.05%
Nippon India Floating Interest Rates Fund Direct-IDCW Daily increase ₹7,439 0.41% 0.64% 2.96% 4.85% 7.36%
Nippon India Floating Interest Rates Fund-IDCW Daily increase ₹7,439 0.39% 0.56% 2.80% 4.54% 7.05%
Nippon India Floating Interest Rates Fund-IDCW Monthly increase ₹7,439 0.39% 0.56% 2.80% 4.54% 7.05%
Nippon India Floating Interest Rates Fund Direct-IDCW Monthly increase ₹7,439 0.41% 0.64% 2.96% 4.85% 7.36%
Nippon India Floating Interest Rates Fund-IDCW Quarterly increase ₹7,439 0.39% 0.56% 2.80% 4.54% 7.05%
Nippon India Floating Interest Rates Fund Direct-IDCW Quarterly increase ₹7,439 0.41% 0.64% 2.96% 4.85% 7.36%
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increase growth is based on 1-month returns of the funds

Nippon India Floating Interest Rates Fund Direct-Growth Calculator

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Top Mutual Funds

Fund Names AUM (Cr) NAV 3Yr 5Yr 10Yr
HDFC Floating Interest Rates Fund Regular-Growth trend ₹15,498 ₹53.92 7.23% 6.64% 6.98%
HDFC Floating Interest Rates Fund Direct Plan-Growth trend ₹15,498 ₹55.18 7.48% 6.89% 7.20%
HDFC Floating Interest Rates Fund Direct Plan-IDCW Daily trend ₹15,498 ₹10.08 7.48% 6.89% 7.20%
HDFC Floating Interest Rates Fund Regular-IDCW Daily trend ₹15,498 ₹10.08 7.23% 6.64% 6.98%
HDFC Floating Rate Debt Fund Direct Plan-IDCW Monthly trend ₹15,498 ₹10.20 7.48% 6.89% 7.20%
HDFC Floating Interest Rates Fund Regular-IDCW Monthly trend ₹15,498 ₹10.20 7.23% 6.64% 6.98%
HDFC Floating Interest Rates Fund Regular-IDCW Weekly trend ₹15,498 ₹10.08 7.23% 6.64% 6.98%
HDFC Floating Interest Rates Fund Direct Plan-IDCW Weekly trend ₹15,498 ₹10.08 7.48% 6.89% 7.20%
Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth trend ₹12,925 ₹387.58 7.33% 6.82% 7.12%
Aditya Birla Sun Life Floating Interest Rate Fund Regular-Growth trend ₹12,925 ₹376.13 7.11% 6.59% 6.90%
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Top funds are based on Fund AUM

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Nippon India Floating Interest Rates Fund Direct-Growth Detailed Portfolio

Stocks Sector % of Holding Value
RepoUnspecified5.59%₹417.27 Cr
RepoUnspecified5.59%₹417.27 Cr
RepoUnspecified5.59%₹417.27 Cr
Net Current AssetsUnspecified4.14%₹308.81 Cr
Net Current AssetsUnspecified4.14%₹308.81 Cr
Net Current AssetsUnspecified4.14%₹308.81 Cr
Jamnagar Utilities & Power Private Limited Sr Ppd 6 6.40 Loa 29sp26 Fvrs10lacIndustrials3.42%₹279.47 Cr
Net Current AssetsUnspecified3.63%₹272.96 Cr
Indian Railway Finance Corporation Limited Sr 175 7.57 Bd 18ap29 Fvrs1lacFinancial3.15%₹257.37 Cr
Pipeline Infrastructure Limited Sr 3 7.96 Ncd 11mr29 Fvrs1lacIndustrials3.37%₹257.06 Cr
Pipeline Infrastructure Limited Sr 3 7.96 Ncd 11mr29 Fvrs1lacIndustrials3.37%₹257.06 Cr
Pipeline Infrastructure Limited Sr 3 7.96 Ncd 11mr29 Fvrs1lacIndustrials3.37%₹257.06 Cr
Indian Railway Finance Corporation Limited Sr 175 7.57 Bd 18ap29 Fvrs1lacFinancial3.07%₹256.47 Cr
Indian Railway Finance Corporation Limited Sr 175 7.57 Bd 18ap29 Fvrs1lacFinancial3.07%₹256.47 Cr
Indian Railway Finance Corporation Limited Sr 175 7.57 Bd 18ap29 Fvrs1lacFinancial3.06%₹256.26 Cr
Indian Railway Finance Corporation Limited Sr 175 7.57 Bd 18ap29 Fvrs1lacFinancial3.10%₹255.67 Cr
Indian Railway Finance Corporation Limited Sr 175 7.57 Bd 18ap29 Fvrs1lacFinancial-—
Small Industries Development Bank Of India Sr Vi 7.79 Bd 14my27 Fvrs1lacFinancial3.12%₹255.00 Cr
Pipeline Infrastructure Limited Sr 3 7.96 Ncd 11mr29 Fvrs1lacIndustrials3.39%₹254.76 Cr
Pipeline Infrastructure Limited Sr 3 7.96 Ncd 11mr29 Fvrs1lacIndustrials3.39%₹254.76 Cr
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Frequently Asked Questions

Nippon India Floating Interest Rates Fund Direct-Growth

What is the current AUM of Nippon India Floating Interest Rates Fund Direct-Growth?

As of Sat Oct 31, 2026, Nippon India Floating Interest Rates Fund Direct-Growth manages assets worth ₹7,438.8 crore

How has Nippon India Floating Interest Rates Fund Direct-Growth performed recently?

  • 3 Months: 0.64%
  • 6 Months: 2.96%

What is the long-term performance of Nippon India Floating Interest Rates Fund Direct-Growth?

  • 3 Years CAGR: 7.36%
  • 5 Years CAGR: 6.62%
  • Since Inception: 7.78%

What is the portfolio composition of Nippon India Floating Interest Rates Fund Direct-Growth?

Debt: 94.41%, Others: 5.59%.

Who manages Nippon India Floating Interest Rates Fund Direct-Growth?

Nippon India Floating Interest Rates Fund Direct-Growth is managed by Vikash Agarwal from Nippon India Mutual Fund.

Which are the top companies Nippon India Floating Interest Rates Fund Direct-Growth has invested in?

  • Repo – 5.59% of the fund's portfolio
  • Repo – 5.59% of the fund's portfolio
  • Repo – 5.59% of the fund's portfolio
  • Net Current Assets – 4.14% of the fund's portfolio
  • Net Current Assets – 4.14% of the fund's portfolio

Which are the major sectors Nippon India Floating Interest Rates Fund Direct-Growth focuses on?

  • Unspecified – 32.82% of the fund's portfolio
  • Industrials – 20.31% of the fund's portfolio
  • Financial – 19.57% of the fund's portfolio
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