I. Introduction
Magnetic nanoparticles are useful in biological, medical, and industrial applications because of their high proportion of surface to volume ratio compared with bulk samples [1]. Nanosized soft ferrites can give high resistivity and saturation magnetization with low magnetic losses, making them suitable in technological applications, such as computer memory, ferrofluids, and pulse transformers operating at high frequency. Size of ferrite nanoparticle is related to its structural and magnetic properties [2]–[6]. The nonmagnetic ions in spinel ferrites can alter its structural, electrical, and magnetic properties. The studies reveal the nature of exchange interaction, direction of magnetization, cation distribution, spin canting and so on. This isomorphism is apparent in their Mössbauer spectra and this drastically reduces magnetic interactions that are related to lower magnetic ordering temperature [7], [8]. General notation of the structure of spinel ferrites can be written as (MeFe [MeFe] O4, where Me is divalent metal ion. The parenthesis and square brackets refer tetrahedral (A) and octahedral (B) sublattices. The value of trivalent cations Fe3+ occupied tetrahedral sites is the degree of inversion (). The magnetic properties originate from the weak antiferromagnetic (AFM) coupling between the A and B sublattices in spinel ferrites.