Nippon India Floating Rate Fund Growth
Medium
Risk
Debt
Other
+
5.56
%
5.56
%
3Y annualised
+
0.03
%
0.03
%
1D
1M
6M
1Y
3Y
All
Fund size
7844
NAV:
Mar 7, 2024
40.5056
Sector
Tech
Type
Debt
Launched
Aug 2004
Min Investment
5000
Expense Ratio
1
Risk
Medium
Portfolio allocation
Top 10 Holdings
% Value
7.69% Govt Stock 2028
7.55
%
HDB Financial Services 8.04%
4.44
%
Small Industries Development Bank Of India
4.15
%
8.1% Govt Stock 2034
3.86
%
Bajaj Housing Finance Limited
3.83
%
Tata Capital Housing Finance Limited
3.81
%
Jamnagar Utilities & Power Private Limited
3.45
%
Indian Railway Finance Corporation Limited
3.21
%
Rural Electrification Corporation Limited
3.19
%
ICICI Home Finance Company Limited
3.04
%
Expense ratio, exit load and tax
Expense Ratio:
1
%
Inclusive of GST
Exit load
No exit loads
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Fund house & investment objective
Nippon India Floating Rate Fund Growth
More details
Investment objective
The primary objective of the scheme is to generate regular income through investment predominantly in floating rate and money market instruments and fixed rate debt instruments.
Scheme Information Document
Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not an indicator of future returns.
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One-time
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* Returns are calculated as per lifetime average per annum returns of the fund.
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Monthly SIP
One-time
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