VA
Vikash AgarwalLead
Since Sep 2024
AUM managed
₹1,04,004.33Cr
Tenure
Since Sep 2024
Funds
22
Nippon India Floater Gr
Floater FundNippon India Mutual Fund
NAV
₹48.22
-0.04% today
AUM
₹7,507.90 Cr
Fund size
Expense
0.66%
Regular plan
Min SIP
₹100
per month
Min Lumpsum
₹5,000
one-time
Exit Load
0.0
on redemption
Fund snapshot
Category rank#9 of 12
Risk-o-meterLow to Moderate Risk
BenchmarkNifty Short Dura Debt Idx A-II TR INR (100%)
Number of holdings109
Inception27 Aug 2004
Exit load0.0
Debt metrics
Modified duration2.41 yrs
Average maturity3 yrs
Yield to maturity7.45%
Average credit qualityAAA
Standard deviation1.29%
Capital gains tax
Debt
STCG · short-term
Slab RateShort-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
LTCG · long-term
Slab RateLong-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
Debt and other non-equity mutual fund gains are taxed at the investor's slab rate.
Fund managers
AS
Since Mar 2026
AUM managed
₹5,11,102.28Cr
Tenure
Since Mar 2026
Funds
47
DS
Since Sep 2025
AUM managed
₹5,15,458.56Cr
Tenure
Since Sep 2025
Funds
50
LM
Since Sep 2025
AUM managed
₹5,15,458.56Cr
Tenure
Since Sep 2025
Funds
50
About Nippon India Floater Gr
Nippon India Floater Gr is an open-ended Floater Fund mutual fund scheme offered by Nippon India Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹48.22 per unit and the scheme manages ₹7,507.90 Cr in assets under management. The fund charges an expense ratio of 0.66% and is benchmarked against Nifty Short Dura Debt Idx A-II TR INR (100%). Over the trailing 5 years, Nippon India Floater Gr has delivered +6.20% returns. SEBI's riskometer places this scheme in the Low to Moderate Risk category, so read the scheme information document before investing.
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.
Regular Plan · Growth option · NAV as of 15 Oct 2026
Nippon India Floater Gr returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | +0.00% | -0.09% |
| 3 months | +0.49% | +0.69% |
| 6 months | +2.20% | +2.48% |
| 1 year | +4.36% | +5.04% |
| 3 years | +7.01% | +7.14% |
| 5 years | +6.20% | +6.36% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -- | +0.15% |
| 3 months | +2.10% | +0.76% |
| 6 months | +2.44% | +2.86% |
| 1 year | +5.48% | +5.29% |
| 3 years | +23.20% | +21.37% |
| 5 years | +35.90% | +33.73% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
Nippon India Floater Gr — frequently asked questions
What is the NAV of Nippon India Floater Gr?
The latest net asset value (NAV) of Nippon India Floater Gr is ₹48.22 per unit, -0.04% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has Nippon India Floater Gr delivered?
Nippon India Floater Gr has returned +6.20% over the trailing 5 years (1 year: +4.36%, 3 years: +7.01%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of Nippon India Floater Gr?
Nippon India Floater Gr charges an expense ratio of 0.66% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is Nippon India Floater Gr?
SEBI's riskometer classifies Nippon India Floater Gr as Low to Moderate Risk, which is typical for a Floater Fund scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in Nippon India Floater Gr?
You can start a SIP in Nippon India Floater Gr from ₹100 per month, and the minimum lumpsum investment is ₹5,000.
Who manages Nippon India Floater Gr?
Nippon India Floater Gr is managed by Nippon India Mutual Fund, holds ₹7,507.90 Cr in assets under management and invests across 109 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Nippon India Mutual Fund
- Scheme category
- Debt
- Scheme sub-category
- Floater Fund
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF204K01CG1
- Scheme code
- FSGBR0718Q