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Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Nippon India Floater Fund Direct Growth
+8.06%
3Y annualised
-0.08% 1D
NAV: 12 Mar '26
₹49.55
Min. for SIP
₹100
Fund size
₹8,380.80 Cr
Expense ratio
0.35%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹62,671 | +4.45% | |
| 3 years | ₹1,80,000 | ₹2,03,985 | +13.33% | |
| 5 years | ₹3,00,000 | ₹3,60,621 | +20.21% | |
| 10 years | ₹6,00,000 | ₹8,80,334 | +46.72% |
Holdings (109)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Indian Railway Finance Corporation Ltd. | Financial | NCD | 3.03% |
| LIC Housing Finance Ltd. | Financial | Debenture | 2.60% |
| GOI | Sovereign | GOI Sec | 2.56% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | NCD | 2.40% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 2.36% |
| Sundaram Home Finance Ltd. | Financial | Debenture | 2.34% |
| Madhya Pradesh State | Others | SDL | 2.19% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.11% |
| REC Ltd. | Financial | Debenture | 2.00% |
| Bharti Telecom Ltd. | Communication | Debenture | 1.79% |
| GOI | Sovereign | GOI Sec | 1.74% |
| Canara Bank | Financial | CD | 1.68% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 1.50% |
| Siddhivinayak Securitisation Trust | Others | Sec. Debt | 1.49% |
| Radhakrishna Securitisation Trust | Others | Sec. Debt | 1.49% |
| Power Finance Corporation Ltd. | Financial | Bonds | 1.44% |
| India Universal Trust AL1 | Others | Sec. Debt | 1.42% |
| Bank Of Baroda | Financial | CD | 1.42% |
| Union Bank of India | Financial | CD | 1.40% |
| Maharashtra State | Others | SDL | 1.31% |
| Maharashtra State | Others | SDL | 1.28% |
| Shivshakti Securitisation Trust | Others | Sec. Debt | 1.25% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 1.22% |
| Tamilnadu State | Others | SDL | 1.21% |
| Toyota Financial Services Ltd. | Financial | NCD | 1.21% |
| SMFG India Credit Company Ltd. | Financial | Debenture | 1.20% |
| Aditya Birla Housing Finance Ltd. | Financial | NCD | 1.20% |
| Uttar Pradesh State | Others | SDL | 1.19% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.18% |
| Bank Of Baroda | Financial | CD | 1.17% |
| Kotak Mahindra Investments Ltd. | Financial | NCD | 1.14% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.12% |
| Toyota Financial Services Ltd. | Financial | NCD | 1.08% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 1.02% |
| Poonawalla Fincorp Ltd. | Financial | NCD | 1.02% |
| Uttar Pradesh State | Others | SDL | 1.01% |
| Gujarat State | Construction | SDL | 0.99% |
| Sikka Ports and Terminals Ltd. | Energy | Debenture | 0.97% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 0.96% |
| India Universal Trust AL1 | Others | Sec. Debt | 0.93% |
| REC Ltd. | Financial | ZCB | 0.93% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 0.90% |
| National Housing Bank | Financial | Debenture | 0.90% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 0.90% |
| Poonawalla Fincorp Ltd. | Financial | Debenture | 0.89% |
| Aditya Birla Capital Ltd. | Financial | NCD | 0.89% |
| Jio Credit Ltd. | Financial | Debenture | 0.89% |
| GOI | Sovereign | GOI FRB | 0.87% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 0.84% |
| India Universal Trust AL1 | Others | Sec. Debt | 0.84% |
| Aditya Birla Housing Finance Ltd. | Financial | Debenture | 0.82% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | Debenture | 0.73% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | Debenture | 0.72% |
| Uttar Pradesh State | Others | SDL | 0.69% |
| Aditya Birla Finance Ltd. | Financial | Debenture | 0.66% |
| GOI | Sovereign | GOI Sec | 0.65% |
| Gujarat State | Construction | SDL | 0.65% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.62% |
| Bajaj Finance Ltd. | Financial | Bonds | 0.61% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | NCD | 0.61% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | Debenture | 0.61% |
| Tata Capital Housing Finance Ltd. | Financial | Bonds | 0.61% |
| GOI | Sovereign | GOI Sec | 0.60% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.60% |
| Export-Import Bank Of India | Financial | NCD | 0.60% |
| Nomura Fixed Income Securities Pvt. Ltd. | Financial | NCD | 0.60% |
| Nomura Capital (India) Pvt Ltd. | Financial | NCD | 0.60% |
| Madhya Pradesh State | Others | SDL | 0.60% |
| Aditya Birla Housing Finance Ltd. | Financial | Debenture | 0.60% |
| IndiGrid Infrastructure Trust | Capital Goods | Debenture | 0.60% |
| Housing & Urban Development Corporation Ltd. | Financial | NCD | 0.59% |
| Tata Capital Ltd.(Partly Paid Equity) | Financial | Debenture | 0.59% |
| Uttar Pradesh State | Others | SDL | 0.58% |
| Gujarat State | Construction | SDL | 0.57% |
| Axis Bank Ltd. | Financial | CD | 0.56% |
| GOI | Sovereign | GOI Sec | 0.55% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | Debenture | 0.53% |
| Power Finance Corporation Ltd. | Financial | Bonds/NCD | 0.50% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 0.48% |
| Uttar Pradesh State | Others | SDL | 0.48% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 0.46% |
| Haryana State | Others | SDL | 0.42% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.39% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 0.36% |
| Uttar Pradesh State | Others | SDL | 0.36% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | NCD | 0.36% |
| REC Ltd. | Financial | Debenture | 0.31% |
| Maharashtra State | Others | SDL | 0.31% |
| Tamilnadu State | Others | SDL | 0.31% |
| Rajasthan State | Others | SDL | 0.31% |
| L&T Metro Rail (Hyderabad) Ltd. | Construction | NCD | 0.30% |
| Indian Railway Finance Corporation Ltd. | Financial | Bonds/NCD | 0.30% |
| Nuclear Power Corpn. Of India Ltd. | Energy | NCD | 0.30% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 0.30% |
| Madhya Pradesh State | Others | SDL | 0.30% |
| Bajaj Housing Finance Ltd. | Financial | NCD | 0.30% |
| Nomura Capital (India) Pvt Ltd. | Financial | Debenture | 0.30% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.28% |
| Maharashtra State | Others | SDL | 0.25% |
| LIC Housing Finance Ltd. | Financial | Debenture | 0.18% |
| Indian Bank | Financial | CD | 0.18% |
| National Highways Infra Trust | Construction | Debenture | 0.12% |
| Gujarat State | Construction | SDL | 0.12% |
| Tata Capital Housing Finance Ltd. | Financial | Bonds | 0.12% |
| National Highways Infra Trust | Construction | Debenture | 0.11% |
| India Universal Trust AL1 | Others | Sec. Debt | 0.09% |
| GOI | Sovereign | GOI Sec | 0.07% |
| Kotak Mahindra Investments Ltd. | Financial | Debenture | 0.06% |
| Karnataka State | Others | SDL | 0.06% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹100
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +8.1% | +6.7% | +7.5% | +7.9% |
| Category average (Debt Floater) | +7.7% | +6.2% | +7.0% | -- |
| Rank (Debt Floater) | 7 | 6 | 2 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Franklin India Floating Rate Fund Direct Growth | +8.85% | +8.67% | 313.92 | |
ICICI Prudential Floating Interest Fund Direct Plan Growth | +8.16% | +8.40% | 7,438.58 | |
Kotak Floating Rate Fund Direct Growth | +8.19% | +8.25% | 3,455.99 | |
HDFC Floating Rate Debt Fund Direct Plan Growth | +7.68% | +8.08% | 16,766.06 | |
Aditya Birla Sun Life Floating Rate Direct Fund Growth | +7.51% | +7.81% | 13,461.92 | |
| Compare | ||||
Fund management
KDKinjal DesaiMar 2026 - PresentView details
KD
Kinjal Desai
Mar 2026 - Present
View details
VAVikash AgarwalSep 2024 - PresentView details
VA
Vikash Agarwal
Sep 2024 - Present
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ASAmber SinghaniaMar 2026 - PresentView details
AS
Amber Singhania
Mar 2026 - Present
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About Nippon India Floater Fund Direct Growth
Nippon India Floater Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Kinjal Desai is the Current Fund Manager of Nippon India Floater Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,41,774 Cr and the Latest NAV as of 12 Mar 2026 is ₹49.55.
The Nippon India Floater Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000.
;
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.;
Fund benchmarkNIFTY Short Duration Debt Index A-II
Fund house
Rank (total assets)#4 in India
Total AUM₹7,41,773.84 Cr
Date of Incorporation30 Jun 1995
Launch Date30 Jun 1995
Address30th Floor, One Lodha PlaceSenapati Bapat Marg, Lower ParelMumbai Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,