Should I invest in Nippon India Floater Fund?

We don't give personal investment advice. Nippon India Floater Fund - Growth Plan-Growth 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: 0.6%. 5-year CAGR: 6.31%.

Reliance

Nippon India Floater Fund - Growth Plan-Growth Option

Latest NAV

₹48.0295

As of

24 Jul 2026

5,140 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	+0.02%	-0.09%	+0.11	5 / 32	Q1
1W	-0.01%	+0.00%	-0.01	21 / 32	Q3
2W	+0.01%	+0.13%	-0.12	21 / 32	Q3
1M	+0.46%	+0.64%	-0.18	16 / 32	Q2
3M	+1.85%	+0.57%	+1.28	3 / 32	Q1
6M	+3.07%	+1.06%	+2.00	6 / 32	Q1
YTD	+3.01%	+0.86%	+2.16	6 / 32	Q1
1Y	+5.29%	+1.88%	+3.41	10 / 32	Q2
2Y	+7.29%	+2.37%	+4.92	8 / 32	Q1
3Y	+7.33%	+2.34%	+4.99	6 / 32	Q1
4Y	+7.17%	+2.45%	+4.73	9 / 32	Q2
5Y	+6.31%	+2.20%	+4.11	8 / 32	Q1
7Y	+6.93%	+2.09%	+4.85	5 / 31	Q1
10Y	+6.95%	+2.12%	+4.83	6 / 27	Q1
Inception	+7.58%	+2.31%	+5.27	5 / 32	Q1

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	+3.01%	+1.02%	+1.99	5 / 16
2025	+7.90%	+2.97%	+4.93	1 / 16
2024	+8.16%	+3.25%	+4.91	2 / 16
2023	+7.19%	+2.96%	+4.22	5 / 16
2022	+3.77%	+1.31%	+2.46	4 / 19
2021	+3.72%	+0.36%	+3.36	2 / 19
2020	+11.27%	+2.32%	+8.96	2 / 30
2019	+9.01%	+2.64%	+6.37	2 / 30
2018	+5.73%	+2.06%	+3.67	8 / 30
2017	+5.86%	+1.74%	+4.12	9 / 31
2016	+8.99%	+2.71%	+6.29	1 / 31

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

+7.67%

236 windows

min 2.6% · max 11.6%

100% positive

3-Year rolling

+7.61%

211 windows

min 4.8% · max 9.7%

100% positive

5-Year rolling

+7.67%

187 windows

min 6.1% · max 9.1%

100% positive

7-Year rolling

+7.78%

163 windows

min 6.6% · max 8.8%

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

1.25%

3-year · annualised

Sharpe ratio

0.48

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.54%

May 2026 → May 2026

% positive months

94.4%

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 - Daily IDCW Option	HDFC	₹10.0715	24 Jul 2026
NIPPON INDIA FLOATER FUND - IDCW Option	Nippon India	₹21.6864	24 Jul 2026
ICICI Prudential Floating Interest Fund - Daily IDCW	ICICI Prudential	₹100.7981	24 Jul 2026
Franklin India Floating Rate Fund - Growth Plan	Franklin Templeton	₹43.5069	24 Jul 2026
NIPPON INDIA FLOATER FUND - DAILY IDCW REINVESTMENT Option	Reliance	₹10.2460	24 Jul 2026

Recent NAVs

Date	NAV
24 Jul 2026	₹48.0295
23 Jul 2026	₹48.0185
22 Jul 2026	₹48.0207
21 Jul 2026	₹48.0580
20 Jul 2026	₹48.0224
17 Jul 2026	₹48.0348
16 Jul 2026	₹48.0126
15 Jul 2026	₹47.9779
14 Jul 2026	₹47.9516
13 Jul 2026	₹48.0270

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 24 Jul 2026, the NAV of Nippon India Floater Fund - Growth Plan-Growth Option is ₹48.0295. It's a Floater Fund from Reliance, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Nippon India Floater Fund - Growth Plan-Growth Option has NAV history starting from 03 Apr 2006, a track record of about 20 years 3 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Nippon India Floater Fund - Growth Plan-Growth Option is managed by Reliance. 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 - Growth Plan-Growth Option has delivered a absolute return of 5.29% — +3.41 pp ahead of the Floater Fund category average of 1.88%. The fund ranks #10 of 32 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Nippon India Floater Fund - Growth Plan-Growth Option has delivered a CAGR of 7.33% — +4.99 pp ahead of the Floater Fund category average of 2.34%. The fund ranks #6 of 32 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Nippon India Floater Fund - Growth Plan-Growth Option has delivered a CAGR of 6.31% — +4.11 pp ahead of the Floater Fund category average of 2.20%. The fund ranks #8 of 32 in its category — the top (Q1) quartile.

₹1 lakh invested in Nippon India Floater Fund - Growth Plan-Growth Option exactly 10 years ago would be worth approximately ₹195,888 today — a multiplier of 1.96×, based on the 10-year CAGR of 6.95%. The category average over the same window would have grown ₹1 lakh to ₹123,392.

A ₹10,000 monthly SIP in Nippon India Floater Fund - Growth Plan-Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹715,309 today. That's an XIRR (money-weighted annualised return) of 6.96%.

A ₹10,000 monthly SIP for 10 years in Nippon India Floater Fund - Growth Plan-Growth Option = ₹1,200,000 invested. It would currently be worth ₹1,709,647 (multiplier 1.42×). XIRR: 6.88%. 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 - Growth Plan-Growth Option ranks #8 out of 32 funds in the Floater Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.20%; this fund delivered 6.31%.

The worst peak-to-trough decline Nippon India Floater Fund - Growth Plan-Growth Option has experienced over the last 5-year window is 0.62% — its NAV fell from a high on 02 May 2022 to a low on 13 May 2022. 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 - Growth Plan-Growth Option averaged 7.67% (best 9.11%, worst 6.07%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.29 — negative risk-adjusted performance.

In calendar year 2025, Nippon India Floater Fund - Growth Plan-Growth Option returned 7.90% — beating the Floater Fund category average of 2.97% by 4.93 pp. It ranked #1 of 16 in its category that year.

Nippon India Floater Fund - Growth Plan-Growth 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 - Growth Plan-Growth 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: 0.6%. 5-year CAGR: 6.31%.

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

Nippon India Floater Fund - Growth Plan-Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Floater Fund

Recent NAVs

Frequently asked questions

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