← Nippon India Mutual Fund
NIPPON INDIA FLOATER FUND - DIRECT Plan - DAILY IDCW Option
Open Ended Schemes(Debt Scheme - Floater Fund)Low to Moderate Risk★★★★★
NAV · 06-Jul-2026
₹10.3110
1M
+0.47%
6M
-0.25%
1Y (CAGR)
-1.50%
3Y (CAGR)
+0.12%
5Y (CAGR)
+0.04%
Since inception (CAGR)
+0.18%
NAV history
hover for values
Risk & SIP analytics
Q4 · 3Y in categoryVolatility (3y)
0.73%
Downside dev (3y)
0.55%
Max drawdown (3y)
-2.9%
Sharpe (3y)
-8.74
SIP XIRR (3y)
-0.08%
SIP XIRR (5y)
+0.06%
Calendar-year returns
2020 +3.1%2021 -1.7%2022 +0.0%2023 +0.0%2024 +0.6%2025 +0.2%
Fund facts
Fund managerVikash Agarwal · Amber Singhania
AUM₹75,220 Cr
Expense ratio0.3% · 2026-05-31
TER · AMFI officialDirect 0.36% · Regular 0.66% (2026-06-30)
Launch date23-Aug-2004
Plan typeOpen Ended · Debt
Min lumpsum₹5,000
Min SIP₹100
Lock-inNone
Volatility1.15
AMCNippon Life India Asset Management Limited
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.
scheme documents ↗