Nippon India Floating Rate Fund (G)
Scheme Information
2019-11-14
| Asset Management Company (AMC) | Nippon India Life Asset Management Limited |
| Asset Class Type | Debt |
| Inception Date | Sep 2, 2004 |
| Benchmark | Crisil Short Term Bond Fund Index |
| Objective | 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 | Amit Tripathi |
| AUM (In Crores) | 5841.85 |
| Allocation |
Debt: 94.215% Others: 5.785% |
| Exit Load | 0.50% on or before 1 month |
| Minimum Investment Amount |
First Investment:
5000
|
| Expense Ratio | 0.6 |
| Average Maturity | 332.15 Days |
| Modified Duration | 299.30 Days |
| Yield to Maturity | 7.26% |
Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund (link provided) before taking any Investment action based on this information.
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