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
Company
Sector
Asset Value (Cr)
Asset %
Indian Railway Finance Corporation Ltd. 7.57 18/04/2029
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Nippon India Floating Interest Rates Fund is ₹48.2 as of 2026-08-25.
Nippon India Floating Interest Rates Fund is classified as a Floater fund.
The Assets Under Management (AUM) of Nippon India Floating Interest Rates Fund is ₹2,023 Cr.
The expense ratio of Nippon India Floating Interest Rates Fund is 0.66%.
Nippon India Floating Interest Rates Fund is managed by Amber Singhania.
The minimum SIP investment for Nippon India Floating Interest Rates Fund is ₹100.
As per the SEBI Riskometer, Nippon India Floating Interest Rates Fund carries a Moderate risk level.
Nippon India Floating Interest Rates Fund has delivered 5.51% (1Y), 7.25% (3Y) and 6.26% (5Y) annualised returns as of 2026-08-25.
Nippon India Floating Interest Rates Fund was launched on 1995-06-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
