NI
Nippon India Floating Interest Rates Fund Direct Growth
Latest NAV
+5.21% 1Y
Sign In to Add to Portfolio
Benchmark: NIFTY Short Duration Debt Index A-II
Expense ratio
0.36%
AUM
₹7,459 Cr
Min SIP
₹100
Min lump sum
₹5,000
1Y
+5.21%
3Y (ann.)
+7.39%
5Y (ann.)
+6.57%
Launched
Jan 2013
Where the NAV sits & how risky it is
₹51.00
52-week range
at 99%
₹51.00
Low 06 Oct 2025₹48.53
High 09 Sep 2026₹51.03
Risk level
Moderately Low
Low
Very high
NAV history
03 Jan 2013
Since inception
05 Oct 2026
Returns by period
1W
-0.01%
1M
+0.19%
3M
+0.60%
6M
+3.03%
1Y
+5.21%
3Y
+7.39%
5Y
+6.57%
3Y and 5Y returns are annualised.
Return calculator
You invest
—
Est. gain
—
Est. value
—
Invested Gain
Invested
Projected value
min SIP ₹100
Estimate only. It assumes the selected past return repeats every year; 3Y and 5Y figures are taken as annualised. Actual returns vary and are not guaranteed.
Where your money goes
Sector allocation is published for schemes that buy shares directly. This is a debt scheme.
About this scheme
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.
Fund manager(s): Vikas Agrawal, Kinjal Desai, Amber Singhania
Exit load: No charges for withdrawal
Scheme snapshot
VR Rating
MS Rating
Plan
Growth
Type
DIRECT
Inception
01 Jan 2013
Lump-sum min
₹5,000
SIP
Purchase
Switch
STP
SWP
Similar schemes
RANKED BY 1Y RETURN
Bank of India Credit Risk Fund Direct Growth
1▲ 12.0 pts ahead of this fund
Aditya Birla Sun Life Credit Risk Fund Direct Growth
2▲ 6.8 pts ahead of this fund
DSP Credit Risk Fund Direct Growth
3▲ 5.6 pts ahead of this fund
Jm Dynamic Term Fund Direct Plan Half Yearly Bonus Option Principal Units
4▲ 3.9 pts ahead of this fund
Aditya Birla Sun Life Medium Term Fund Direct Growth
5▲ 3.2 pts ahead of this fund
Baroda BNP Paribas Banking & PSU Bond Fund Direct Growth
6▲ 3.0 pts ahead of this fund