Nippon India Floating Rate Fund Direct IDCW Daily

Debt
Floater
Moderate Risk
6.50%
3Y annualised
-0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 27 Jan 2023₹10.25
Min. SIP amount₹100
Rating3
Fund size₹7,348.02Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Floater
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.3%6.5%7.1%7.9%
Category average4.2%5.5%6.4%NA
Rank with in category1022NA
Understand terms

Holdings (44)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec7.4%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture7.4%
Bajaj Finance Ltd.FinancialDebenture6.0%
Power Finance Corporation Ltd.FinancialDebenture5.5%
Tata Capital Housing Finance Ltd.
FinancialDebenture5.5%
HDB Financial Services Ltd.FinancialNCD4.8%
GOI
SovereignGOI Sec4.7%
National Bank For Agriculture & Rural DevelopmentFinancialNCD4.4%
Reliance Industries Ltd.EnergyDebenture3.8%
Bajaj Housing Finance Ltd.FinancialNCD3.4%
See All

Expense ratio, exit load and tax

Expense ratio: 0.27%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Anju Chhajer
Feb 2020 - Present
View details

Education
Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
Experience
Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
Also manages these schemes

Akshay Sharma
Dec 2022 - Present
View details

Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
Website
NA
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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