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Nippon India Floating Rate Fund - Growth Plan-Growth Option

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

44.7575 0.03 (0.08 %)

NAV as on 29-04-2025

762.97 Cr

AUM as on

Rtn ( Since Inception )

7.52%

Inception Date

Aug 27, 2004

Expense Ratio

0.63%

Fund Status

Open Ended Schemes

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.