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Our Opinion
Riskometer
Moderate
₹49.5641 0.05%
As on 18-Mar-2026
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Nippon India Floater Fund - Direct Plan
|
|
|
Moderate
|
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0.35 |
|
 |
|
Moderate
|
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0.27 |
||
|
|
Low to Moderate
|
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0.24 |
||
|
|
Low to Moderate
|
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0.30 |
||
 |
|
Moderate
|
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0.26 |
₹8,381 Cr
--
5,000
100
100
60
About Nippon India Floater Fund - Direct Plan
Nippon India Floater Fund - Direct Plan is a debt mutual fund scheme of Nippon India Mutual Fund. Launched on January 01, 2013, it is currently managed by Vikash Agarwal. The fund has an expense ratio of 0.35% with an overall AUM (Assets Under Management) of ₹8,381 Cr.
Nippon India Floating Rate Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in bonds carrying a floating rate of interest. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹100.
Investment Strategy
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.
Suitability
Floater funds are suitable for:
Note:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Nippon India Floater Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Nippon India Floater Fund - Direct Plan can be bought from the Nippon India Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of Nippon India Floater Fund - Direct Plan, is ₹49.5641 as of 19-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
Indian Railway Finance Corporation Ltd SR 175 NCD 7.57 18/04/2029 |
3.03
|
|
LIC Housing Finance Ltd Debenture 8.75 08/12/2028 |
2.60
|
|
GOI Sec 4.45 30/10/2034 |
2.56
|
|
Summit Digitel Infrastructure Pvt. Ltd NCD 8.19 01/11/2026 |
2.40
|
|
National Bank For Agriculture & Rural Development SR 25B Bonds 7.64 06/12/2029 |
2.36
|
Over the past five years, Nippon India Floater Fund - Direct Plan has delivered an annualised return of 6.75% as of 19-Mar-2026.
The minimum investment required to start investing in Nippon India Floater Fund - Direct Plan is ₹5,000 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.
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