Jama - Nippon India Floating Rate Fund


Nippon India Floating Rate Fund


NAV : 37.3209
(+0.02020000000000266arrow_upward)
AUM : ₹12,761 Cr.


Fund Returns

1 Month3 Months6 Months1 Year2 Years3 Years5 years
0.4%0.6%2.2%4.5%7.94%8.63%7.54%



NAV History



Expense Ratio Trends


Fund Details

An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives)
NAV37.3209
Launch Date-
Min (1st time)₹5,000
Min (later on)₹1,000
Min SIP-
Expense Ratio0.58%
Exit Load : 0.50% if units redeemed or switched out on or before completion of 1 Month


Direct Advantage

Investment of Rs.1,00,000 becomes
With JamaWith BrokerBack2Pocket
After 6 months₹1,01,095₹1,01,012₹83
After 1 year₹1,04,504₹1,04,155₹350
After 3 years₹1,28,198₹1,26,728₹1,471
After 20 years₹5,23,859₹4,85,073₹38,786

Investment Calculators



SIP Calculator

Per Month

500


Duration (in years)

25

After Years


Direct(Jama)

Broker(Regular)

Direct Savings :


START SIP    



Lumpsum Calculator

One Time

500


Duration (in years)

25

After Years


Direct(Jama)

Broker(Regular)

Direct Savings :


INVEST NOW

Returns assumed : 8.63% Past 3 yr Data




Fund Objective:
In the short run, the fund will run duration of 2 – 2.5 yrs. The fund will endeavour to invest in high quality assets with 100% investments into AAA rated papers. SEBI restriction of up to 65% investments in floating rate instruments will be taken care through a mix of OIS trades & floating rate instruments.
Fund Manager:
Mr. Amit Tripathi, Mr. Vivek Sharma