Should I invest in NIPPON INDIA FLOATER FUND - MONTHLY IDCW Option?

We don't give personal investment advice. NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.0%. 5-year CAGR: 0.21%.

Nippon India

NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option

Latest NAV

₹11.3167

As of

3 Jun 2026

3,227 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.06%	+0.01%	+0.05	3 / 41	Q1
1W	+0.26%	+0.16%	+0.11	6 / 41	Q1
2W	+0.33%	+0.23%	+0.10	11 / 41	Q2
1M	+0.16%	+0.14%	+0.02	17 / 41	Q2
3M	-0.32%	+0.25%	-0.57	35 / 41	Q4
6M	-0.22%	+0.78%	-1.00	33 / 41	Q4
YTD	-0.26%	+0.72%	-0.98	35 / 41	Q4
1Y	-0.20%	+1.77%	-1.98	30 / 41	Q3
2Y	+0.16%	+3.19%	-3.03	26 / 40	Q3
3Y	+0.25%	+3.41%	-3.16	28 / 41	Q3
4Y	+0.36%	+3.32%	-2.96	23 / 40	Q3
5Y	+0.21%	+2.80%	-2.59	24 / 40	Q3
7Y	+0.33%	+1.82%	-1.49	9 / 22	Q2
10Y	+0.57%	+1.07%	-0.50	3 / 14	Q1
Inception	+0.75%	+2.98%	-2.23	21 / 41	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.26%	+0.69%	-0.94	32 / 38
2025	+0.41%	+3.79%	-3.39	24 / 37
2024	+0.38%	+4.17%	-3.79	31 / 37
2023	+0.39%	+3.85%	-3.46	25 / 38
2022	+0.13%	+1.83%	-1.70	24 / 40
2021	-0.15%	-0.08%	-0.07	14 / 24
2020	+0.94%	+2.77%	-1.83	12 / 22
2019	+1.10%	+2.87%	-1.77	7 / 21
2018	+0.80%	+1.04%	-0.24	5 / 17
2017	+0.75%	+0.28%	+0.47	2 / 16
2016	+1.40%	+0.67%	+0.73	2 / 16

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.79%

151 windows

min -0.9% · max 2.3%

91% positive

3-Year rolling

+0.80%

127 windows

min -0.1% · max 1.9%

98% positive

5-Year rolling

+0.77%

103 windows

min 0.1% · max 1.3%

100% positive

7-Year rolling

+0.79%

78 windows

min 0.3% · max 1.3%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.82%

3-year · annualised

Sharpe ratio

-7.60

vs risk-free 6.5%

Sortino ratio

-11.70

Downside-only deviation

Max drawdown

-1.97%

Apr 2025 → May 2026

% positive months

55.6%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Floater Fund

Scheme	Fund house	NAV	As of
HDFC Floating Rate Debt Fund - Direct Plan - Daily IDCW	HDFC	₹10.0800	3 Jun 2026
NIPPON INDIA FLOATER FUND - DIRECT Plan - WEEKLY IDCW Option	Nippon India	₹10.2557	3 Jun 2026
SBI Floating Rate DEBT Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹14.1138	3 Jun 2026
ICICI Prudential Floating Interest Fund - Direct Plan - Daily IDCW	ICICI Prudential	₹100.1450	3 Jun 2026
BANDHAN FLOATER FUND - DIRECT PLAN DAILY IDCW	Bandhan	₹10.1312	3 Jun 2026
Aditya Birla Sun Life Floating Rate Fund-Direct - daily IDCW	Aditya Birla Sun Life	₹100.0001	3 Jun 2026
Franklin India Floating Rate Fund - Direct - IDCW	Franklin India	₹10.0589	3 Jun 2026
KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option	Kotak	₹1,417.9966	3 Jun 2026
DSP Floater Fund - Direct Plan - IDCW	DSP	₹13.9635	3 Jun 2026
UTI Floater Fund - Direct Plan - Annual IDCW	UTI	₹1,509.5189	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹11.3167
2 Jun 2026	₹11.3201
1 Jun 2026	₹11.3137
29 May 2026	₹11.3082
27 May 2026	₹11.2962
26 May 2026	₹11.2903
25 May 2026	₹11.2886
22 May 2026	₹11.2726
21 May 2026	₹11.2661
20 May 2026	₹11.2756

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option is ₹11.3167. It's a Floater Fund from Nippon India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option has NAV history starting from 15 Jan 2013, a track record of about 13 years 4 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option is managed by Nippon India. It's classified by AMFI under the 'Floater Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option has delivered a absolute return of -0.20% — -1.98 pp behind the Floater Fund category average of 1.77%. The fund ranks #30 of 41 in its category — the third (Q3) quartile.

Over the trailing 3-year window, NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option has delivered a CAGR of 0.25% — -3.16 pp behind the Floater Fund category average of 3.41%. The fund ranks #28 of 41 in its category — the third (Q3) quartile.

Over the trailing 5-year window, NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option has delivered a CAGR of 0.21% — -2.59 pp behind the Floater Fund category average of 2.80%. The fund ranks #24 of 40 in its category — the third (Q3) quartile.

₹1 lakh invested in NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option exactly 10 years ago would be worth approximately ₹105,828 today — a multiplier of 1.06×, based on the 10-year CAGR of 0.57%. The category average over the same window would have grown ₹1 lakh to ₹111,191.

A ₹10,000 monthly SIP in NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹603,110 today. That's an XIRR (money-weighted annualised return) of 0.20%.

A ₹10,000 monthly SIP for 10 years in NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option = ₹1,200,000 invested. It would currently be worth ₹1,222,243 (multiplier 1.02×). XIRR: 0.36%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option ranks #24 out of 40 funds in the Floater Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 2.80%; this fund delivered 0.21%.

The worst peak-to-trough decline NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option has experienced over the last 5-year window is 1.97% — its NAV fell from a high on 21 Apr 2025 to a low on 21 May 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option averaged 0.77% (best 1.34%, worst 0.08%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -7.96 — negative risk-adjusted performance.

In calendar year 2025, NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option returned 0.41% — lagging the Floater Fund category average of 3.79% by 3.39 pp. It ranked #24 of 37 in its category that year.

NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. NIPPON INDIA FLOATER FUND - DIRECT Plan - MONTHLY IDCW Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.0%. 5-year CAGR: 0.21%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.