NAV on (13 Jun 2017 )
₹11.85 ▲
(+0.06%)
Fund Size
₹7507.9 Crores
1Y Returns
8.48 %
The primary investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of Floating Rate Debt Securities including floating rate securitised debt, Money Market Instruments and Fixed Rate Debt Instruments swapped for floating rate returns). The scheme shall also invest in Fixed Rate Debt Securities (including Fixed Rate Securitised Debt, Money Market Instruments and Floating Rate Debt Instruments swapped for fixed returns).
Nippon Life India Asset Management Ltd.
Launch Date
September 26, 2013
Fund Manager
Mr. Vikash Agarwal
Initial Price
10
AUM Fund
7507.9 Cr
Min investment
Rs 5000
Expense Ratio
0.66%
(1) Rs.100/- per month and in multiples of Re. 1/- thereafter for minimum 60 months.(2) Rs.500/- per month and in multiples of Re. 1/- thereafter for minimum 12 months.(3) Rs.1,000/- per month and in multiples of Re. 1/- thereafter for minimum 6 months.(4) Rs.500/- per quarter and in multiples of Re. 1/- thereafter for minimum 12 quarters.(5) Rs.1,500/- per quarter and in multiples of Re. 1/- thereafter for minimum 4 quarters.(6) Rs.5,000/- per year and in multiples of Rs. 500/- thereafter for minimum 2 years.
Nil
1 Month
+1.31%
6 Months
+3.47%
1 Year
+8.48%
2 Years (CAGR)
+6.12%
3 Years (CAGR)
+3.48%
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 309.12% | 0.00% | ₹0 | |
| 309.12% | 0.00% | ₹0 | |
| 309.12% | 0.00% | ₹0 | |
| 309.11% | 0.00% | ₹0 | |
| 309.11% | 0.00% | ₹0 |
Q: What is the current NAV of Nippon India Floating Interest Rates Fund - IDCW-Reinvestment?
A: The latest NAV of Nippon India Floating Interest Rates Fund - IDCW-Reinvestment is ₹ 11.85 as on 13 Jun 2017.
Q: What type of mutual fund is Nippon India Floating Interest Rates Fund - IDCW-Reinvestment?
A: Nippon India Floating Interest Rates Fund - IDCW-Reinvestment is a 'Debt - Short Term' type mutual fund managed by 'Nippon Life India Asset Management Ltd.'.
Q: What is the expense ratio of Nippon India Floating Interest Rates Fund - IDCW-Reinvestment?
A: The expense ratio of Nippon India Floating Interest Rates Fund - IDCW-Reinvestment is 0.66%, which impacts overall returns.
Q: Who manages Nippon India Floating Interest Rates Fund - IDCW-Reinvestment?
A: Nippon India Floating Interest Rates Fund - IDCW-Reinvestment is managed by Mr. Vikash Agarwal, who oversees investment strategy and portfolio decisions.
Q: Is Nippon India Floating Interest Rates Fund - IDCW-Reinvestment a good investment?
A: Nippon India Floating Interest Rates Fund - IDCW-Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Nippon India Floating Interest Rates Fund - IDCW-Reinvestment?
A: The exit load of Nippon India Floating Interest Rates Fund - IDCW-Reinvestment is Nil, applicable if redeemed within the specified period.
Q: How is Nippon India Floating Interest Rates Fund - IDCW-Reinvestment taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
