Nippon India Floating Rate Fund - Growth Plan-Growth Option Invest Now
Fund Manager: Anju Chhajer    |     Debt: Floater    |     S&P BSE India Bond Index

34.503 -0.02 (-0.05 %)

NAV as on 15-01-2021

15,771.35 Cr

AUM as on 31-12-2020

Rtn ( Since Inception )

7.85%

Inception Date

Aug 27, 2004

Expense Ratio

0.57%

Fund Status

Open Ended Scheme

Min. Investment

5,000

Min. Topup

1,000

Min. SIP Amount

100

Risk Status

moderately low

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.

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