Nippon India Floating Interest Rates Fund
The scheme aims to generate regular income through investment in a portfolio comprising substantially of floating rate debt. It would not invest more than 75% of its assets in fixed rate debt securities including fixed rate securitised debt, money market instruments and floating rate debt Instruments swapped for fixed returns.
Growthvine rating: 3/5 — ranked #6 of 12 in category.
Fund basics
| Category | Debt: Floater |
|---|---|
| NAV | ₹48.13 (as of 2026-10-23) |
| AUM | ₹7,461 Cr |
| Expense ratio | 0.55% |
| Riskometer | Moderate |
| Fund manager | Vikash Agarwal |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.24% |
|---|---|
| Sharpe ratio | 0.95 |
| Standard deviation | 1.31% |
| Max drawdown | −2.66% |
| Alpha | 0 |
| Beta | 0 |
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.3% | Q4 (Bottom) | #11 of 12 |
| 2025 | 7.9% | Q1 (Top) | #2 of 12 |
| 2024 | 8.2% | Q2 | #4 of 12 |
| 2023 | 7.2% | Q3 | #8 of 12 |
| 2022 | 3.8% | Q3 | #9 of 12 |