Compare Nippon India Floater Fund vs Kotak Floating Rate Fund
Risk
Moderate
Moderate
Rating
3.0
4.0
Min SIP Amount
₹100
₹100
Expense Ratio
0.64
0.63
NAV
₹47.03
₹1580.34
Fund Started
23 Aug 2004
09 May 2019
Fund Size
₹8380.80 Cr
₹3455.99 Cr
Exit Load
-
-
1 Year
7.61%
7.99%
3 Year
7.79%
7.89%
5 Year
6.43%
6.66%
Equity
0.00%
0.00%
Cash
3.52%
3.21%
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 investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments.
Launch Date
23 Aug 2004
09 May 2019