Nippon India Floating Rate Fund - Growth Plan-Growth Option Invest Now
Fund Manager: Anju Chhajer    |     Debt: Floater    |     NIFTY Short Duration Debt Index A-II

45.0396 0.07 (0.15 %)

NAV as on 16-05-2025

7,731.28 Cr

AUM as on 04-11-0016

Rtn ( Since Inception )

7.53%

Inception Date

Aug 27, 2004

Expense Ratio

0.65%

Fund Status

Open Ended Scheme

Min. Investment

5,000

Min. Topup

1,000

Min. SIP Amount

100

Risk Status

moderate

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.