Compare Nippon India Floater Fund vs ICICI Prudential Floating Interest Fund
Risk
Moderate
Moderate
Rating
3.0
3.0
Min SIP Amount
₹100
₹100
Expense Ratio
0.65
0.85
NAV
₹47.25
₹446.57
Fund Started
23 Aug 2004
17 Nov 2005
Fund Size
₹7536.97 Cr
₹7491.87 Cr
Exit Load
-
-
1 Year
5.57%
6.38%
3 Year
7.28%
7.53%
5 Year
6.20%
6.51%
Equity
0.00%
0.00%
Cash
4.53%
46.94%
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 generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity.
Launch Date
23 Aug 2004
17 Nov 2005
