As on 23 Oct 2026
Nippon India Floating Interest Rates Fund
DebtNAV
₹ 50.84
CAGR (3 Years)
7.19%
AUM (Cr)
₹ 7,461.22
Risk
Low to Moderate Risk
About Nippon India Floating Interest Rates Fund
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.
Breakdown of this Fund
Debt Others
66.86%
Derivatives - Index
0.01%
Govt. Securities
26.69%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.17
Exit Load
Nil
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.