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Mutual Funds

Nippon India Floater Fund

Ni

Nippon India Floater Fund

FloaterRank #12
3/5

NAV (2026-07-14)

47.95

AUM

₹2,023 Cr

Exp. Ratio: 0.6%

RISK LEVEL

Moderate

Returns & Performance

1 Year5.34%0.39% vs cat avgRank #12
3 Year7.35%0.09% vs cat avgRank #8
5 Year6.34%0.06% vs cat avgRank #8
Since Launch7.42%--

Fund vs Category Average

1Y
5.34%-0.39%
3Y
7.35%-0.09%
5Y
6.34%-0.06%

Pros & Cons

Pros

No lock-in period
Decent 1Y category rank (#12)

Cons

1Y returns trail category average
3Y returns below category average
5Y returns below category average
Overall rank #12 in category
ISININF204K01CG1
NAV₹47.95
NAV Date2026-07-14
AUM₹2,023 Cr
Expense Ratio0.6%
RiskModerate
Rating3 / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1995-06-30

INVESTMENT OBJECTIVE

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.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Amber Singhania

MMS Finance (Mumbai University)

Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.

Top Holdings

Holdings data not available for this scheme