Nippon India Floating Interest Rates Fund

Regular Plan · IDCW Option · Mutual fund · Scheme code 102676

NAV₹10.2313as on 25 Sep 2026

Fund houseNippon India Mutual Fund

CategoryMutual fund

Plan & optionRegular · IDCW Option

History20.5 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	-0.20	-0.21	-0.32	-1.20	-0.10	-0.14	0.16	0.03	0.08

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	0.9%	-7.21	-10.42	—	—	-3.4%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Drawdown from peak (%)

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
980	-2.7%	0.0%	3.5%	29%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

Nippon India Floating Interest Rates Fund

Regular Plan · IDCW Option

Allocation

By asset

Debt	95.65%
Cash & Equivalents	4.03%
AIF Units	0.32%

By market cap

Concentration

Number of stocks	108
Top 5 stocks	14.55%
Top 10 stocks	24.90%
Top 20 stocks	40.58%
Lines in the filing	128

Largest holding	3.42%
Largest sector	CRISIL AAA 55.73%
Effective stocks	73.3
Sectors held	12
Cash	4.03%

Effective stocks is what the concentration works out to: a fund holding 108 names but most of its money in a few behaves like a fund of 73. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL AAA	55.73%
SOVEREIGN	22.70%
ICRA AAA	6.99%
CRISIL AAA(SO)	5.44%
Cash & Equivalents	4.03%
FITCH A1+	1.32%
FITCH AAA(SO)	1.14%
CRISIL A1+	1.02%
FITCH AAA	0.67%
CRISIL AAA(CE)	0.33%
Unclassified	0.32%
CARE AAA	0.27%
ICRA A1+	0.04%

Nippon India Floating Interest Rates Fund

Regular Plan · IDCW Option · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	7.96% Pipeline Infrastructure Private Limited	CRISIL AAA	25,300	256	3.42%
2	7.57% Indian Railway Finance Corporation Limited	CRISIL AAA	25,000	252	3.37%
3	Sundaram Home Finance Limited	ICRA AAA	1,488	201	2.68%
4	Mahindra & Mahindra Financial Services Limited	CRISIL AAA	20,000	200	2.67%
5	7.64% National Bank For Agriculture and Rural Development	ICRA AAA	18,000	181	2.41%
6	8.54% REC Limited	CRISIL AAA	1,609	165	2.21%
7	Net Current Assets	Unclassified	—	162	2.19%
8	7.4% Summit Digitel Infrastructure Limited	CRISIL AAA	1,600	160	2.13%
9	7.5% State Government Securities	SOVEREIGN	15,000,000	153	2.03%
10	8.15% JIO Credit Limited	CRISIL AAA	15,000	150	2.01%
11	7.45% Bharti Telecom Limited	CRISIL AAA	15,000	148	1.97%
12	8.75% LIC Housing Finance Limited	CRISIL AAA	1,350	138	1.84%
13	Triparty Repo	Unclassified	—	134	1.78%
14	Small Industries Dev Bank of India	CRISIL AAA	12,739	128	1.70%
15	7.64% Bajaj Housing Finance Limited	CRISIL AAA	12,500	125	1.66%
16	Siddhivinayak Securitisation Trust	CRISIL AAA(SO)	125	123	1.64%
17	Radhakrishna Securitisation Trust	CRISIL AAA(SO)	125	122	1.62%
18	7.45% Power Finance Corporation Limited	CRISIL AAA	12,000	120	1.60%
19	6.45% Government of India	SOVEREIGN	11,000,000	113	1.50%
20	7.27% State Government Securities	SOVEREIGN	10,500,000	106	1.41%
21	Shivshakti Securitisation Trust	CRISIL AAA(SO)	105	103	1.37%
22	8.18% Mahindra & Mahindra Financial Services Limited	CRISIL AAA	10,000	101	1.34%
23	7.09% State Government Securities	SOVEREIGN	10,000,000	101	1.34%
24	7.17% State Government Securities	SOVEREIGN	10,000,000	100	1.34%
25	7.79% Tata Capital Housing Finance Limited	CRISIL AAA	10,000	100	1.34%
26	7.12% State Government Securities	SOVEREIGN	10,000,000	100	1.33%
27	7.77% Bajaj Finance Limited	CRISIL AAA	10,000	100	1.33%
28	7.17% REC Limited	CRISIL AAA	10,000	99	1.32%
29	Union Bank of India	FITCH A1+	2,000	99	1.32%
30	6.74% Small Industries Dev Bank of India	CRISIL AAA	10,000	99	1.31%

Nippon India Floating Interest Rates Fund

Regular Plan · IDCW Option · where the money sits

What the manager did last month

Between the filings of 15 Jul 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹25 cr	₹10 cr	8	7	-0.16%

Stock	Shares traded	Shares	Price	Value ₹ cr
New position
Union Bank of India	2,000	entered	—	98.7
Small Industries Dev Bank of India	600	entered	—	28.7
Interest Rate Swaps Pay Floating Receive Fix (28/07/2031) (FV 10000 Lacs)	—	entered	—	0.8
Interest Rate Swaps Pay Fix Receive Floating (20/08/2026) (FV 10000 Lacs)	—	entered	—	0.0
Interest Rate Swaps Pay Fix Receive Floating (21/08/2026) (FV 25000 Lacs)	—	entered	—	0.0
Interest Rate Swaps Pay Fix Receive Floating (28/09/2026) (FV 10000 Lacs)	—	entered	—	0.0
Interest Rate Swaps Pay Fix Receive Floating (23/09/2026) (FV 25000 Lacs)	—	entered	—	0.0
Interest Rate Swaps Pay Fix Receive Floating (22/10/2026) (FV 50000 Lacs)	—	entered	—	-0.1
Added to
7.88% Tata Capital Limited	2,500	+100.0%	+0.2%	25.0
Trimmed
Canara Bank	200	-76.9%	+0.3%	9.9
Sold out of
8.97% Government of India	2,500,000	exited	—	27.4
8.07% Aditya Birla Capital Limited	2,500	exited	—	24.6
Interest Rate Swaps Pay Fix Receive Floating (20/07/2026) (FV 25000 Lacs)	—	exited	—	0.0
Interest Rate Swaps Pay Fix Receive Floating (23/07/2026) (FV 10000 Lacs)	—	exited	—	0.0
Interest Rate Swaps Pay Fix Receive Floating (21/07/2026) (FV 45000 Lacs)	—	exited	—	0.0
Interest Rate Swaps Pay Fix Receive Floating (20/07/2026) (FV 30000 Lacs)	—	exited	—	0.0
Interest Rate Swaps Pay Fix Receive Floating (22/07/2026) (FV 20000 Lacs)	—	exited	—	0.0

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹597,458	₹-2,542	-0.17%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 27 Sep 2026.