
Nippon India Floating Interest Rates Fund Direct Growth
Nippon India Floating Interest Rates Fund Direct Growth
as on 02 Nov 2026
Nippon India Floating Interest Rates Fund Direct Growth is a Debt mutual fund scheme launched on 01 Jan 2013. The current NAV stands at ₹50.9846 as of 02 Nov 2026.
Scheme Overview
- Inception Date : 01 Jan 2013
- AUM : ₹7,444.10 Cr
- 5Y Returns (CAGR) : 6.51%
- Expense Ratio : 0.35%
- Min. SIP : ₹100
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 35.54 L
6.51%
Total Investment
₹ 30,00,000
Returns
₹ 5,53,785 (6.51%)
Maturity Value
₹ 35,53,785
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 7,444.10 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹7,444.10 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 15 Jun 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 100.00% |
Stock Holdings
as of 15 Jun 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() N Net Current Assets | 3.72% | |
![]() I IRFC 7.57% 2029 SR 175 | 3.33% | |
![]() L LIC Housing Finance Ltd | 2.84% | |
![]() P Pipeline Infrastructure Limited | 2.73% | |
![]() S Summit Digitel Infrastructure Limited | 2.64% | |
![]() M Mahindra And Mahindra Financial Services Limited | 2.64% | |
![]() S Sundaram Home Finance Limited | 2.63% | |
![]() N National Bank For Agriculture And Rural Development | 2.39% | |
![]() 8 8.37% Madhyapradesh Sdl 2028 | 2.38% | |
![]() R Rural Electrification Corporation Limited | 2.19% | |
![]() S Summit Digitel Infrastructure Limited | 2.11% | |
![]() B BTL-7.45%-15122028-NCD | 1.95% | |
![]() S SIDBI MARKET LINKED 2029 | 1.69% | |
![]() S SIDDHIVINAYAK SECURITISATION TRUST | 1.62% | |
![]() R RADHAKRISHNA SECURITISATION TRUST | 1.62% | |
![]() P PFCL-7.45%-15072028-NCD | 1.59% | |
![]() I INDIA UNIVERSAL TRUST AL1 | 1.49% | |
![]() 6 6.45% Govt Stock 2034 | 1.49% | |
![]() T Triparty Repo | 1.47% | |
![]() S SDL MH 7.27% 2030 | 1.40% | |
![]() S SHIVSHAKTI SECURITISATION TRUST | 1.36% | |
![]() M Mahindra And Mahindra Financial Services Limited | 1.33% | |
![]() S SDL TN 7.09% 2030 | 1.32% | |
![]() A ABHFL-7.8989%-08062027-NCD | 1.32% | |
![]() B Bajaj Finance Limited | 1.32% | |
![]() S SDL GJ 7.17% 2032 | 1.31% | |
![]() S SDL TN 7.12% 2032 | 1.31% | |
![]() S SIDBI-6.74%-10012029-NCD | 1.30% | |
![]() K Kotak Mahindra Investments Limited | 1.24% | |
![]() S SDL TN 7.02% 2029 | 1.13% | |
![]() P Poonawalla Fincorp Limited | 1.12% | |
![]() 8 8.14% Gujarat Sdl 2029 | 1.08% | |
![]() S SIDBI-7.47%-05092029-NCD | 1.06% | |
![]() R Rural Electrification Corporation Limited | 1.02% | |
![]() I INDIA UNIVERSAL TRUST AL1 | 1.00% | |
![]() N NABARD-7.48%-15092028-NCD | 0.99% | |
![]() S SIDBI-7.44%-10042028-NCD | 0.99% | |
![]() P Poonawalla Fincorp Limited | 0.98% | |
![]() J JCL-7.19%-15032028-NCD | 0.98% | |
![]() 6 6.75% Govt Stock 2033 | 0.96% | |
![]() C Canara Bank | 0.94% | |
![]() S SIDBI-7.51%-12062028-NCD | 0.92% | |
![]() A ABHFL-8.2%-26022027-NCD | 0.90% | |
![]() I INDIA UNIVERSAL TRUST AL2 | 0.85% | |
![]() S SDIL-7.89%-01052029-NCD | 0.80% | |
![]() 8 8.32% Uttarpradesh Sdl 2029 | 0.75% | |
![]() G Gs15apr2029c | 0.72% | |
![]() P Power Finance Corporation Limited | 0.68% | |
![]() G Gs15oct2029c | 0.67% | |
![]() J Jamnagar Utilities & Power Private Limited | 0.66% | |
![]() T TCHFL-8.05%-18062029-NCD | 0.66% | |
![]() E EXIM-7.4%-14032029-NCD | 0.66% | |
![]() N NFISL-8.25%-25062027-NCD | 0.66% | |
![]() B Bajaj Finance Limited | 0.66% | |
![]() I Indigrid Infrastructure Trust | 0.66% | |
![]() N NABARD-7.44%-24022028-NCD | 0.66% | |
![]() S SDL MH 6.9% 2030 | 0.66% | |
![]() A ABHFL-7.8618%-07092028-NCD | 0.66% | |
![]() S SDL MP 6.98% 2030 | 0.66% | |
![]() S SIDBI 7.22% 2029 SR V | 0.66% | |
![]() B BTL 7.75% 2028 SR XXIX | 0.66% | |
![]() N NABARD-6.85%-19012029-NCD | 0.65% | |
![]() H Housing And Urban Development Corporation Limited | 0.65% | |
![]() U Union Bank Of India | 0.65% | |
![]() S SDL GJ 7.07% 2032 | 0.62% | |
![]() G GOI LOAN 7.17% 2030 | 0.61% | |
![]() P Pipeline Infrastructure Limited | 0.59% | |
![]() S SDL TN 7.15% 2033 | 0.58% | |
![]() P Pipeline Infrastructure Limited | 0.58% | |
![]() P Power Finance Corporation Limited | 0.55% | |
![]() N NABARD-7.62%-10052029-NCD | 0.53% | |
![]() S SDL UP 7.04% 2030 | 0.53% | |
![]() I Indian Railway Finance Corporation Limited | 0.50% | |
![]() S SDL HR 7.17% 2030 | 0.46% | |
![]() N NBRD 7.44% 2029 SR 26F | 0.46% | |
![]() S SDIL-7.87%-15032030-NCD | 0.40% | |
![]() S SDL UP 7.18% 2030 | 0.40% | |
![]() N NABARD-7.7%-30092027-NCD | 0.40% | |
![]() G GOI LOAN 8.97% 2030 | 0.36% | |
![]() R Rec Limited | 0.34% | |
![]() 8 8.08% Maharashtra Sdl 2028 | 0.34% | |
![]() 8 8.08% Tamilnadu SDL 2028 | 0.34% | |
![]() 7 7.86% Rajasthan Sdl 2027 | 0.34% | |
![]() B Bajaj Housing Finance Limited | 0.33% | |
![]() N Nuclear Power Corporation Of India Limited | 0.33% | |
![]() I Indian Railway Finance Corporation Limited | 0.33% | |
![]() M Mahindra And Mahindra Financial Services Limited | 0.33% | |
![]() N NHB-7.59%-14072027-NCD | 0.33% | |
![]() S SIDBI-7.49%-11062029-NCD | 0.33% | |
![]() T TACA TBILL LKD 2029 SR B | 0.33% | |
![]() I Indian Railway Finance Corporation Limited | 0.33% | |
![]() I Indian Railway Finance Corporation Limited | 0.33% | |
![]() L L&T Metro Rail (Hyderabad) Limited | 0.33% | |
![]() C Corporate Debt Market Development Fund Class A2 | 0.32% | |
![]() U Union Bank Of India | 0.32% | |
![]() C Canara Bank | 0.32% | |
![]() B Bank Of Baroda | 0.31% | |
![]() P Punjab National Bank | 0.31% | |
![]() K Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 0.31% | |
![]() H HDFC Bank Limited | 0.31% | |
![]() S SDL MH 7.63% 2030 | 0.27% | |
![]() C Canara Bank | 0.17% | |
![]() N NHIT 0% 34 SR I STRPP A | 0.13% | |
![]() S SDL GJ 7.17% 2030 | 0.13% | |
![]() T Tata Capital Housing Finance Limited | 0.13% | |
![]() S Small Industries Development Bank Of India | 0.13% | |
![]() S SDL MH 6.89% 2031 | 0.13% | |
![]() N NHIT 0% 35 SR I STRPP B | 0.12% | |
![]() S SDL MP 7.18% 2030 | 0.07% | |
![]() S SDL KA 7.13% 2034 | 0.06% | |
![]() 8 8.38% Gujarat Sdl 2029 | 0.03% | |
![]() C Cash Margin - Ccil | 0.02% | |
![]() I Interest Rate Swaps Pay Floating Receive Fix (15/05/2029) (Fv 10000 Lacs) | 0.02% | |
![]() S Sikka Ports & Terminals Limited | 0.02% | |
![]() I Interest Rate Swaps Pay Floating Receive Fix (05/06/2028) (Fv 7500 Lacs) | 0.01% | |
![]() I Interest Rate Swaps Pay Floating Receive Fix (18/05/2028) (Fv 7500 Lacs) | 0.01% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (06/08/2027) (Fv 10000 Lacs) | 0.00% | |
![]() I INDIA UNIVERSAL TRUST AL1 | 0.00% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (26/08/2027) (Fv 7500 Lacs) | 0.00% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (27/08/2026) (Fv 30000 Lacs) | 0.00% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (09/09/2026) (Fv 25000 Lacs) | 0.00% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (14/07/2026) (Fv 50000 Lacs) | 0.00% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (20/07/2026) (Fv 25000 Lacs) | 0.00% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (21/07/2026) (Fv 45000 Lacs) | 0.00% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (08/07/2026) (Fv 30000 Lacs) | 0.00% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (19/06/2026) (Fv 40000 Lacs) | 0.00% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (23/07/2026) (Fv 10000 Lacs) | 0.00% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (15/09/2026) (Fv 25000 Lacs) | 0.00% | |
![]() I Interest Rate Swaps Pay Fix Receive Floating (18/06/2026) (Fv 40000 Lacs) | 0.00% | |
![]() S SDL UP 6.88% 2031 | 0.00% | |
![]() C Cash | 0.00% |
Fund Comparison
Fund Details
52W High NAV
₹ 51.0334
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 7,444.10
Expense Ratio
0.35%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 48.8141
Inception Date
01 Jan 2013
Fund Age
13 Yrs
Benchmark
NIFTY Short Duration Debt Index A-II
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
Tax Implication
- Returns to be taxed as per your normal Income Tax slab.
Fund Managers
| Name | Qualification |
|---|---|
| Vikas Agarwal | B.Com. (Hons.), Chartered Accountant, MS (Finance) - ICFAI |
Fund 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.
Risk-O-Meter
Investors understand that their principal will be at
Moderately Low Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Nippon India Mutual Fund
No. of Schemes
70
Total AUM
₹ 5,37,300.17 Cr
Contact Details
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
Contact Details
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
FAQs
When was Nippon India Floating Interest Rates Fund launched?
What is the current NAV of Nippon India Floating Interest Rates Fund?
What is the AUM of Nippon India Floating Interest Rates Fund?
What is the rate of return of Nippon India Floating Interest Rates Fund?
- In the past 1Y: 4.41%
- In the past 3Y: 7.20%
- In the past 5Y: 6.51%
What is the expense ratio of Nippon India Floating Interest Rates Fund?
What is exit load of Nippon India Floating Interest Rates Fund?
How risky is investing in Nippon India Floating Interest Rates Fund?
Who is the fund manager Nippon India Floating Interest Rates Fund?
What is the minimum investment required in Nippon India Floating Interest Rates Fund?
How to invest in Nippon India Floating Interest Rates Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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