Nippon India Floating Interest Rates Fund

FloaterDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Nippon India Floating Interest Rates Fund is a Floater fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹7,461 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.2% a year and its Regular plan returned 6.9% a year. Its benchmark, NIFTY Short Duration Debt Index A-II, returned 6.6% a year over the same 3 years.

NAV (Direct plan): ₹50.91; ▲ 0.05%30-10-2026
NAV (Regular plan): ₹48.19; ▲ 0.05%30-10-2026
Expense ratio: 0.35%Direct0.65%Regular; 0.35%; A year
Riskometer: Low to Moderate; Set by the fund house
3 year return: 7.2%Direct6.9%Regular; 7.2%; A year

Nippon India Floating Interest Rates Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹50.91 (up 0.05% that day); Regular Plan Growth ₹48.19 (up 0.05% that day).

This fund (Direct plan)

₹50.9083

Nippon India Floating Interest Rates Fund Returns vs NIFTY Short Duration Debt Index A-II

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.13%	+0.25%	+2.46%	+4.41%	+7.20%	+6.51%	+7.13%
This fund (Regular)	−0.15%	+0.18%	+2.30%	+4.10%	+6.89%	+6.19%	+6.74%
NIFTY Short Duration Debt Index A-II	+0.14%	+0.49%	+2.66%	+4.41%	+6.61%	+5.84%	--
Floater average	−0.01%	+0.56%	+2.76%	+5.43%	+7.47%	+6.73%	+7.16%
Best in Floater	+0.19%	+0.99%	+3.44%	+6.14%	+8.24%	+7.15%	+7.52%
Worst in Floater	−0.41%	−0.05%	+2.46%	+4.41%	+6.95%	+6.31%	+6.90%
Rank in Floater	10/12	11/12	11/12	11/12	11/12	10/12	3/5

Category rows compare the Direct plans of 12 Floater funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

Nippon India Floating Interest Rates Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+3.65%	+3.39%
2025	+8.24%	+7.92%
2024	+8.54%	+8.23%
2023	+7.50%	+7.17%
2022	+4.11%	+3.77%
2021	+4.08%	+3.73%

Nippon India Floating Interest Rates Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,618 periods, one for each trading day from 04-01-2016 to 30-10-2026.

0%2%4%6%8%10%12%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

Nippon India Floating Interest Rates Fund (Direct)Category average, 12 Floater funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	3,094	8.4%	2.8%	12.3%	0%	8.3%	56%
2 years	2,859	8.1%	4.0%	11.1%	0%	7.9%	51%
3 years	2,618	7.7%	5.1%	10.4%	0%	7.8%	52%
5 years	2,135	7.5%	6.4%	8.8%	0%	7.0%	82%
7 years	1,653	7.5%	7.0%	9.3%	0%	7.2%	100%
10 years	925	7.7%	7.1%	8.1%	0%	7.5%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	154	8.1%	2.2%	13.5%	0%	7.9%	58%
2 years	142	8.2%	3.7%	11.8%	0%	7.9%	52%
3 years	130	7.7%	4.9%	10.5%	0%	7.7%	54%
5 years	106	7.5%	6.3%	9.2%	0%	7.5%	54%
7 years	82	7.2%	6.7%	9.0%	0%	7.1%	91%
10 years	46	7.3%	7.1%	7.6%	0%	7.2%	98%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 12 Floater funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Nippon India Floating Interest Rates Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Nippon India Floating Interest Rates Fund (Direct)This fund	Category average
Return (CAGR)	+4.41%	+5.43%
Standard deviation	1.11%	0.90%
Sharpe ratio	-0.75	0.20
Sortino ratio	-1.05	0.29
Maximum drawdown	−0.53% (21-05-2026)	−0.32% (21-05-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Nippon India Floating Interest Rates Fund (Direct)This fund	Category average
Return (CAGR)	+7.20%	+7.47%
Standard deviation	0.88%	0.76%
Sharpe ratio	1.34	1.92
Sortino ratio	2.07	3.05
Maximum drawdown	−0.53% (21-05-2026)	−0.32% (21-05-2026)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Nippon India Floating Interest Rates Fund (Direct)This fund	Category average
Return (CAGR)	+6.51%	+6.73%
Standard deviation	0.80%	0.71%
Sharpe ratio	0.88	1.32
Sortino ratio	1.30	1.99
Maximum drawdown	−0.61% (13-05-2022)	−0.51% (06-05-2022)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Nippon India Floating Interest Rates Fund (Direct)This fund	Category average
Return (CAGR)	+7.13%	+7.10%
Standard deviation	1.31%	0.92%
Sharpe ratio	1.31	1.84
Sortino ratio	2.23	3.27
Maximum drawdown	−2.6% (24-03-2020)	−1.8% (24-03-2020)

From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Nippon India Floating Interest Rates Fund (Direct)This fund	Category average
Return (CAGR)	+7.75%	+7.59%
Standard deviation	1.28%	0.85%
Sharpe ratio	1.33	1.87
Sortino ratio	2.10	3.22
Maximum drawdown	−2.6% (24-03-2020)	−1.8% (24-03-2020)

From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−3%−2.5%−2%−1.5%−1%−0.5%0%

2014201620182020202220242026

Nippon India Floating Interest Rates Fund (Direct)Category average, 12 Floater funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Nippon India Floating Interest Rates Fund (Direct)	−2.6%	06-03-2020	24-03-2020	17-04-2020	24 days	−0.25%
Category average	−1.8%	06-03-2020	24-03-2020	31-03-2020	7 days	−0.09%

From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and the average of the 12 Floater funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Nippon India Floating Interest Rates Fund vs Other Floater Funds

The five Floater funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Axis Floating Interest Rates Fund	1/12	149	0.22%	+6.06%	+8.24%	--	--	1.07	1.58	Compare
Franklin India Floating Interest Rates Fund	2/12	256	0.38%	+5.89%	+7.92%	--	--	2.37	4.00	Compare
Bandhan Floating Interest Rates Fund	3/12	224	0.14%	+5.91%	+7.65%	--	--	1.66	2.57	Compare
ICICI Prudential Floating Interest Rates Fund	4/12	8,658	0.29%	+5.56%	+7.53%	--	--	1.95	3.11	Compare
Kotak Floating Interest Rates Fund	5/12	3,240	0.24%	+5.05%	+7.49%	--	--	1.91	2.98	Compare
Nippon India Floating Interest Rates Fund	11/12	7,461	0.35%	+4.41%	+7.20%	--	--	1.34	2.07

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Nippon India Floating Interest Rates Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Floater median	Cost rank (1 = cheapest)
Direct	0.30%	0.00%	0.00%	0.05%	0.35%	0.28%	10/12
Regular	0.55%	0.00%	0.00%	0.10%	0.65%	0.64%	7/12

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Floater funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	4.10%	4.41%	0.31%	₹1,04,100	₹1,04,410
3 years	6.89%	7.20%	0.31% a year	₹1,22,127	₹1,23,193
5 years	6.19%	6.51%	0.32% a year	₹1,35,026	₹1,37,073
10 years	6.74%	7.13%	0.39% a year	₹1,91,987	₹1,99,118

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Nippon India Floating Interest Rates Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 02-05-2013 to 30-10-2026: 162 instalments, ₹16,20,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planNippon India Floating Interest Rates Fund (Direct)	₹16,20,000	₹27,03,966	₹10,83,966	7.3%
Regular planNippon India Floating Interest Rates Fund (Regular)	₹16,20,000	₹26,29,548	₹10,09,548	6.9%
Category averageCategory average, 12 Floater funds	₹16,20,000	₹26,95,268	₹10,75,268	7.2%

₹0₹10.0 L₹20.0 L₹30.0 L

2014201620182020202220242026

Direct planNippon India Floating Interest Rates Fund (Direct)Regular planNippon India Floating Interest Rates Fund (Regular)Category averageCategory average, 12 Floater fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Nippon India Floating Interest Rates Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

91.1%Debt

Asset	Fund	Category
Debt	91.1%	93.1%
Cash and others	8.9%	6.9%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 12 Floater funds.

Rating	Fund	Category
Sovereign	9.5%	20.1%
AAA and A1+	81.6%	63.2%

Nippon India Floating Interest Rates Fund Portfolio Holdings

As on 30-09-2026 · 105 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
7.96% Pipeline Infrastructure Private Limited · Bond	CRISIL AAA	3.41%
7.57% Indian Railway Finance Corporation Limited · Bond	CRISIL AAA	3.34%
Mahindra & Mahindra Financial Services Limited · Bond	CRISIL AAA	2.68%
7.64% National Bank For Agriculture and Rural Development · Bond	ICRA AAA	2.40%
HDFC Bank Limited · Certificate of deposit	CARE A1+	2.28%
8.54% REC Limited · Bond	CRISIL AAA	2.20%
7.4% Summit Digitel Infrastructure Limited · Bond	CRISIL AAA	2.13%
8.15% JIO Credit Limited · Bond	CRISIL AAA	1.99%
HDFC Bank Limited · Certificate of deposit	ICRA A1+	1.97%
7.45% Bharti Telecom Limited · Bond	CRISIL AAA	1.97%
National Bank For Agriculture and Rural Development · Certificate of deposit	CRISIL A1+	1.96%
8.75% LIC Housing Finance Limited · Bond	CRISIL AAA	1.84%
Small Industries Dev Bank of India · Bond	CRISIL AAA	1.71%
8.2% Tata Capital Housing Finance Limited · Bond	CRISIL AAA	1.68%
7.64% Bajaj Housing Finance Limited · Bond	CRISIL AAA	1.64%
7.45% Power Finance Corporation Limited · Bond	CRISIL AAA	1.60%
Siddhivinayak Securitisation Trust	CRISIL AAA(SO)	1.60%
Radhakrishna Securitisation Trust	CRISIL AAA(SO)	1.60%
Sundaram Home Finance Limited · Bond	ICRA AAA	1.53%
6.45% Government of India · Government security	SOVEREIGN	1.52%
ICICI Home Finance Company Limited · Bond	ICRA AAA	1.34%
Shivshakti Securitisation Trust	CRISIL AAA(SO)	1.34%
7.79% Tata Capital Housing Finance Limited · Bond	CRISIL AAA	1.32%
7.77% Bajaj Finance Limited · Bond	CRISIL AAA	1.32%
Union Bank of India · Certificate of deposit	ICRA A1+	1.31%
HDFC Bank Limited · Certificate of deposit	CARE A1+	1.30%
Small Industries Dev Bank of India · Commercial paper	CRISIL A1+	1.27%
7.61% Kotak Mahindra Investments Limited · Bond	CRISIL AAA	1.25%
7.02% State Government Securities · State government security	SOVEREIGN	1.13%
8.14% State Government Securities · State government security	SOVEREIGN	1.09%
7.47% Small Industries Dev Bank of India · Bond	CRISIL AAA	1.06%
7.88% Poonawalla Fincorp Limited · Bond	CRISIL AAA	1.05%
8.7% REC Limited · Bond	CRISIL AAA	1.03%
7.48% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	1.00%
7.53% Poonawalla Fincorp Limited · Bond	CRISIL AAA	1.00%
7.44% Small Industries Dev Bank of India · Bond	CRISIL AAA	1.00%
6.87% Government of India · Government security	SOVEREIGN	0.98%
Canara Bank · Certificate of deposit	CRISIL A1+	0.98%
7.51% Small Industries Dev Bank of India · Bond	CRISIL AAA	0.93%
7.89% Summit Digitel Infrastructure Limited · Bond	CRISIL AAA	0.80%
India Universal Trust	FITCH AAA(SO)	0.77%
8.32% State Government Securities · State government security	SOVEREIGN	0.75%
GOI Strips (MD 15/04/2029) · Government security	SOVEREIGN	0.74%
6.90% GOI Strips (c)-MD(15/10/29) · Government security	SOVEREIGN	0.69%
9% Power Finance Corporation Limited · Bond	CRISIL AAA	0.68%
India Universal Trust	CRISIL AAA(SO)	0.68%
8.05% Tata Capital Housing Finance Limited · Bond	CRISIL AAA	0.67%
8.25% Nomura Fixed Inc Securities Pvt Ltd · Bond	FITCH AAA	0.67%
7.87% IndiGrid Infrastructure Trust · Bond	CRISIL AAA	0.67%
7.68% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	0.67%
7.4% Export Import Bank of India · Bond	CRISIL AAA	0.67%
7.86% Aditya Birla Housing Finance Limited · Bond	CRISIL AAA	0.67%
7.9% Jamnagar Utilities & Power Private Limited · Bond	CRISIL AAA	0.67%
7.28% REC Limited · Bond	CRISIL AAA	0.66%
6.64% Housing & Urban Development Corporation Limited · Bond	ICRA AAA	0.66%
6.85% National Bank For Agriculture and Rural Development · Bond	ICRA AAA	0.66%
7.75% Bharti Telecom Limited · Bond	CRISIL AAA	0.66%
7.22% Small Industries Dev Bank of India · Bond	CRISIL AAA	0.66%
7.9% HDB Financial Services Limited · Bond	CRISIL AAA	0.66%
7.17% REC Limited · Bond	CRISIL AAA	0.65%
National Bank For Agriculture and Rural Development · Certificate of deposit	CRISIL A1+	0.65%
6.74% Small Industries Dev Bank of India · Bond	CRISIL AAA	0.65%
7.15% State Government Securities · State government security	SOVEREIGN	0.59%
7.96% Pipeline Infrastructure Private Limited · Bond	CRISIL AAA	0.59%
7.96% Pipeline Infrastructure Private Limited · Bond	CRISIL AAA	0.59%
7.87% Bajaj Housing Finance Limited · Bond	CRISIL AAA	0.58%
8.85% Power Finance Corporation Limited · Bond	CRISIL AAA	0.55%
7.62% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	0.53%
8.45% Indian Railway Finance Corporation Limited · Bond	CRISIL AAA	0.51%
7.17% State Government Securities · State government security	SOVEREIGN	0.47%
7.98% Bajaj Finance Limited · Bond	CRISIL AAA	0.47%
7.44% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	0.46%
7.87% Summit Digitel Infrastructure Limited · Bond	CRISIL AAA	0.40%
7.7% Small Industries Dev Bank of India · Bond	CRISIL AAA	0.40%
Small Industries Dev Bank of India · Certificate of deposit	CRISIL A1+	0.39%
8.08% State Government Securities · State government security	SOVEREIGN	0.34%
7.86% State Government Securities · State government security	SOVEREIGN	0.34%
8.08% State Government Securities · State government security	SOVEREIGN	0.34%
8.6% REC Limited · Bond	CRISIL AAA	0.34%
7.7% Nuclear Power Corporation Of India Limited · Bond	ICRA AAA	0.34%
7.08% Indian Railway Finance Corporation Limited · Bond	CRISIL AAA	0.33%
7.45% Indian Railway Finance Corporation Limited · Bond	CRISIL AAA	0.33%
7.42% Power Finance Corporation Limited · Bond	CRISIL AAA	0.33%
Punjab National Bank · Certificate of deposit	CARE A1+	0.33%
8.05% Bajaj Housing Finance Limited · Bond	CRISIL AAA	0.33%
7.49% Small Industries Dev Bank of India · Bond	CRISIL AAA	0.33%
8.18% Mahindra & Mahindra Financial Services Limited · Bond	CRISIL AAA	0.33%
Tata Capital Limited · Bond	CRISIL AAA	0.33%
Corporate Debt Market Development Fund Class A2		0.33%
7.55% L&T Metro Rail (Hyderabad) Limited · Bond	CRISIL AAA(CE)	0.32%
7.63% State Government Securities · State government security	SOVEREIGN	0.27%
Bank of Baroda · Certificate of deposit	CARE A1+	0.20%
National Highways Infra Trust · Bond	CARE AAA	0.14%
7.17% State Government Securities · State government security	SOVEREIGN	0.13%
8% Tata Capital Housing Finance Limited · Bond	CRISIL AAA	0.13%
National Highways Infra Trust · Bond	CARE AAA	0.12%
8.2% Aditya Birla Housing Finance Limited · Bond	ICRA AAA	0.11%
7.18% State Government Securities · State government security	SOVEREIGN	0.07%
Punjab National Bank · Certificate of deposit	CRISIL A1+	0.07%
7.62% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	0.07%
Canara Bank · Certificate of deposit	ICRA A1+	0.07%
7.13% State Government Securities · State government security	SOVEREIGN	0.06%
8.38% State Government Securities · State government security	SOVEREIGN	0.03%
7.9% Sikka Ports and Terminals Limited · Bond	CRISIL AAA	0.02%
7.51% State Government Securities · State government security	SOVEREIGN	0.00%

Nippon India Floating Interest Rates Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Nippon India Corporate Bond FundCorporate Bond · Nippon India	21.6%	31	Compare
Nippon India Banking and PSU Debt FundBanking & PSU · Nippon India	18.1%	28	Compare
Axis Short Term FundShort Duration · Axis	16.8%	26	Compare
Nippon India Short Term FundShort Duration · Nippon India	16.4%	23	Compare
ICICI Prudential Corporate Bond FundCorporate Bond · ICICI Prudential	16.3%	31	Compare
AXIS Corporate Bond FundCorporate Bond · Axis	15.4%	26	Compare
Aditya Birla Sun Life Floating Interest Rates FundFloater · Aditya Birla Sun Life	14.6%	26	Compare
Kotak Corporate Bond FundCorporate Bond · Kotak Mahindra	14.6%	22	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Nippon India Floating Interest Rates Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.35%
Expense ratio (Regular): 0.65%
Category: Floater
Risk: Low to Moderate
Benchmark: NIFTY Short Duration Debt Index A-II
Launch date: 27-08-2004
Minimum investment: ₹5,000
Minimum additional investment: ₹1,000
AUM: ₹7,461.22 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 118656
ISIN (Direct): INF204K01E05
Scheme code (Regular): 102673
ISIN (Regular): INF204K01CG1
NAV history: From 02-01-2013, 13.8 years

Exit load: Nil

Tax on Nippon India Floating Interest Rates Fund returns

Nippon India Floating Interest Rates Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹50.9083	30-10-2026
direct	Weekly IDCW	₹10.2343	30-10-2026
direct	Daily IDCW	₹10.2481	30-10-2026
direct	IDCW	₹22.713	30-10-2026
direct	Monthly IDCW	₹11.2941	30-10-2026
direct	Quarterly IDCW	₹10.8369	30-10-2026
regular	Growth	₹48.1931	30-10-2026
regular	IDCW	₹10.2222	30-10-2026
regular	IDCW	₹21.7603	30-10-2026
regular	Monthly IDCW	₹11.0898	30-10-2026
regular	Quarterly IDCW	₹10.9341	30-10-2026
regular	Weekly IDCW	₹10.2265	30-10-2026

About Nippon India Floating Interest Rates Fund

Nippon India Floating Interest Rates Fund is a mutual fund from Nippon India Mutual Fund. Its category is Floater. It was launched on 27-08-2004. Its benchmark is NIFTY Short Duration Debt Index A-II. At the end of September 2026 it held 105 securities.

Fund Manager

Vikash Agarwal
Fund manager of Nippon India Floating Interest Rates Fund, since 01-09-2024

See all funds of Nippon India Mutual Fund

AUM change

September 2026: ₹7,461.22 Cr; −0.62% from August 2026
August 2026: ₹7,507.90 Cr; +0.10% from July 2026
July 2026: ₹7,500.62 Cr; −1.65% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Nippon India Floating Interest Rates Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Compare with any other fund

Frequently Asked Questions for Nippon India Floating Interest Rates Fund

What is the current NAV of Nippon India Floating Interest Rates Fund?

The Direct plan NAV is ₹50.9083. The Regular plan NAV is ₹48.1931, as on 30-10-2026.

What are the returns of Nippon India Floating Interest Rates Fund?

The Direct plan returned +4.41% in 1 year, +7.20% a year over 3 years, +6.51% a year over 5 years. The Regular plan returned +4.10% in 1 year, +6.89% a year over 3 years, +6.19% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Nippon India Floating Interest Rates Fund?

The Direct plan charges 0.35% a year. The Regular plan charges 0.65% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of Nippon India Floating Interest Rates Fund?

Nippon India Floating Interest Rates Fund managed ₹7,461.22 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Nippon India Floating Interest Rates Fund?

At the end of September 2026 the largest holdings were 7.96% Pipeline Infrastructure Private Limited (3.41%), 7.57% Indian Railway Finance Corporation Limited (3.34%), Mahindra & Mahindra Financial Services Limited (2.68%), 7.64% National Bank For Agriculture and Rural Development (2.40%), HDFC Bank Limited (2.28%). The fund held 105 securities in all.

How do I invest in Nippon India Floating Interest Rates Fund?

Through Nippon India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.

Who is the fund manager of Nippon India Floating Interest Rates Fund?

Vikash Agarwal (since 01-09-2024).

What is the exit load of Nippon India Floating Interest Rates Fund?

Nil

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.