Nippon India Floater Fund Growth is a Floating Rate mutual fund scheme from Nippon Life India Asset Management Ltd. The fund was launched on 27 August 2004 and is managed by Amber Singhania and Vikash Agarwal. As of 15 October 2026, the fund has an AUM of ₹7,461.22 Cr and its latest NAV is ₹48.22. The fund has a Low to Moderate Risk risk rating.
The fund allows minimum SIP of ₹100 and lumpsum investment starting from ₹5,000.
The fund primarily invests in Financial Services, Industrials, and Consumer Defensive and its top holdings include Pipeline Infrastructure Limited, Indian Railway Finance Corporation Limited, Bajaj Finance Limited, Mahindra And Mahindra Financial Services Limited, and Summit Digitel Infrastructure Limited. The fund has delivered 4.5% returns over the last 1 year, 7.0% annualised returns over 3 years, 6.2% annualised returns over 5 years, and 7.4% annualised returns since inception.
Nippon India Floater Fund Growth may be suitable for investors looking for Floating Rate and who are comfortable with Low to Moderate Risk risk.






