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NIPPON INDIA FLOATER FUND - WEEKLY IDCW Option
★★★★★ monitor_heart Health Score: 69/100 · GoodNippon India Mutual Fund · Debt · Floater
₹10.25
AUM: ₹7,626 Cr
NAV updated 7 days ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.36%
Exit Load
Nil
Fund Manager
Amit Tripathi, Vivek Sharma
Inception
Dec 2012
Benchmark
NIFTY Short Duration Debt Index A-II
Sharpe Ratio
-5.38
Std Dev (1Y)
1.55%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.69%
3m
+1.89%
6m
+3.32%
1y
+5.77%
3y
+7.71%
5y
+6.66%
10y
+7.37%
since inception
+0.09%
rate_review TopFund's Take on NIPPON INDIA FLOATER FUND - WEEKLY IDCW Option
NIPPON INDIA FLOATER FUND - WEEKLY IDCW Option holds up reasonably well within the Floater category, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 69/100.
Cost: At 0.36%, the expense ratio runs 33% above the Floater category average of 0.27%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -5.38 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.55% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
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info Fund Snapshot
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Frequently Asked Questions about NIPPON INDIA FLOATER FUND - WEEKLY IDCW Option
The current NAV (Net Asset Value) of NIPPON INDIA FLOATER FUND - WEEKLY IDCW Option is ₹10.25. NAV is updated every business day after market close by AMFI.
1Y: 5.77% · 3Y CAGR: 7.71% · 5Y CAGR: 6.66%
The expense ratio is 0.36% per annum — the annual fee deducted from your investment to cover fund management costs.
NIPPON INDIA FLOATER FUND - WEEKLY IDCW Option is managed by Amit Tripathi, Vivek Sharma at Nippon India Mutual Fund.
NIPPON INDIA FLOATER FUND - WEEKLY IDCW Option is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
NIPPON INDIA FLOATER FUND - WEEKLY IDCW Option is a Floater fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of NIPPON INDIA FLOATER FUND - WEEKLY IDCW Option is ₹7,626 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.