Compare Nippon India Floater Fund vs Franklin India Floating Rate Fund
Risk
Moderate
Moderate
Rating
3.0
3.0
Min SIP Amount
₹100
₹500
Expense Ratio
0.65
0.97
NAV
₹47.00
₹42.82
Fund Started
23 Aug 2004
23 Apr 2001
Fund Size
₹7536.97 Cr
₹289.62 Cr
Exit Load
-
-
1 Year
4.00%
5.05%
3 Year
6.98%
7.46%
5 Year
6.04%
6.26%
Equity
0.00%
0.00%
Cash
2.45%
78.89%
Top 10 Holdings
-
-
Name
-
-
Start Date
-
-
Description
The scheme aims to generate regular income through investment in a portfolio comprising substantially of floating rate debt. It would not invest more than 75% of its assets in fixed rate debt securities including fixed rate securitised debt, money market instruments and floating rate debt Instruments swapped for fixed returns.
The Scheme seeks to provide income and liquidity consistent with the prudent risk from a portfolio comprising of floating rate return, and also fixed rate money market and debt instruments. debt instruments, fixed rate debt instruments swapped for floating rate instruments and money market instruments.
Launch Date
23 Aug 2004
23 Apr 2001
