Nippon India Mutual Fundimage

Nippon India Floating Rate Fund

DebtFloaterIDCW-ReinvestmentIDCW-WeeklyQuarterly IDCW ReinvestmentIDCW-MonthlyWeekly IDCW ReinvestmentIDCWIDCW-QuarterlyMonthly IDCW ReinvestmentIDCW-DailyGrowth

Fund Overview

NAV (13 Dec 24)

₹ 43.10

AUM (in Cr)

₹ 7723.15

5 Years CAGR

% 6.82

Risk Level 

Moderate

Fund Performance

Name
1 Month%
3 Month%
6 Month%
1 Year%
3 Year%
5 Year%
Nippon India Floating Rate Fund
0.61
2.02
4.28
8.40
6.30
6.82
Nifty Short Duration Debt Index A-II
0.56
1.88
3.82
7.95
5.98
6.24
Floater
0.70
2.27
4.47
8.18
6.17
6.63

Note:  The Benchmark adopted by the AMC may be different from the one indicated above. Information available here is on the basis of internal data, publicly available information and other sources believed to be reliable, produced for information purpose only and should not be construed as investment advice to any party.

Scheme Information

Investment Objective

The primary investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of Floating Rate Debt Securities including floating rate securitised debt, Money Market Instruments and Fixed Rate Debt Instruments swapped for floating rate returns). The scheme shall also invest in Fixed Rate Debt Securities (including Fixed Rate Securitised Debt, Money Market Instruments and Floating Rate Debt Instruments swapped for fixed returns).

Expense Ratio
% 0.60
Benchmark
Nifty Short Duration Debt Index A-II
AUM
₹ 7723.15
Inception Date
27 Aug 2004
Turnover Ratio
-
Exit Load
Nil
Asset Class
Debt

Total AUM

₹ 552409.22

No. of Schemes under this AMC

126

Phone

68087000

Email

customercare@nipponindiaim.in

Incorporation Date

6/30/1995

Address

4th Floor, Tower A,, Peninsula Business Park,, Ganapatrao Kadam Marg,

Mumbai - 400013

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