Question 1

What is the Expense Ratio of Nippon India Floater Fund - Direct - Growth?

Accepted Answer

The Expense Ratio of Nippon India Floater Fund - Direct - Growth is 0.35% as of 01/06/2026. This is the fee charged by the fund house for managing the fund.

Question 2

What is the AUM of Nippon India Floater Fund - Direct - Growth?

Accepted Answer

The Assets Under Management (AUM) of Nippon India Floater Fund - Direct - Growth is ₹7,546.15 Crores as of Quarter ending March 2026.

Question 3

What is the 3-Year CAGR of Nippon India Floater Fund - Direct - Growth?

Accepted Answer

The 3-Year Compound Annual Growth Rate (CAGR) of Nippon India Floater Fund - Direct - Growth is 7.60%. This indicates the average annual growth rate over the last 3 years.

Question 4

Who manages Nippon India Floater Fund - Direct - Growth?

Accepted Answer

Nippon India Floater Fund - Direct - Growth is managed by Nippon India Mutual Fund.

Question 5

Is Nippon India Floater Fund - Direct - Growth an open-ended or close-ended scheme?

Accepted Answer

Nippon India Floater Fund - Direct - Growth is an Open-Ended scheme.

Question 6

How is the Expense Ratio calculated?

Accepted Answer

The Expense Ratio is the annual fee that mutual funds charge their unitholders. It expresses the percentage of assets deducted each fiscal year for fund expenses including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.

Period	Returns	CAGR	Volatility
3M	1.84%	7.55%	1.43%
6M	3.33%	6.77%	1.34%
1Y	5.62%	5.62%	1.07%
3Y	24.58%	7.60%	0.86%
5Y	37.27%	6.54%	0.80%

Scheme	3Y CAGR (%)	TER (%)	AUM (Cr)
Franklin India Floating Rate Fund - Direct - Growth	8.17%	0.28%	₹62.64
KOTAK FLOATING RATE FUND - Direct - Growth	7.84%	0.26%	₹2,675.41
ICICI Prudential Floating Interest Fund - Direct - Growth	7.98%	0.30%	₹2,712.88
BANDHAN FLOATER FUND - Direct - Growth	7.84%	0.10%	₹139.68
HDFC Floating Rate Debt Fund - Direct - Growth	7.70%	0.27%	₹14,132.48
Nippon India Floater Fund - Direct - Growth	7.60%	0.35%	₹7,546.15
Aditya Birla Sun Life Floating Rate Fund - Direct - Growth	7.43%	0.24%	₹12,153.83

Nippon India Floater Fund - Direct - Growth

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