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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%

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