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

37.4121 0.01 (0.03 %)

NAV as on 31-01-2023

7,348.02 Cr

AUM as on 31-12-2022

Rtn ( Since Inception )

7.42%

Inception Date

Aug 27, 2004

Expense Ratio

0.6%

Fund Status

Open Ended Scheme

Min. Investment

5,000

Min. Topup

1,000

Min. SIP Amount

100

Risk Status

low to 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.