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Franklin India Floating Rate Fund

Franklin India Floating Rate Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

6.10

as on 17 Sep 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,947 today.

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NAV Performance

Franklin India Floating Rate Fund performance graph for last 3 years
Performance of Franklin India Floating Rate Fund for last 3 Years

Fund Information

  • ₹ 32.047

    as on 17 Sep 2021
  • Regular - Growth

  • -

  • ₹ 1,000

  • ₹ 315 Cr.

    as on 17 Sep 2021
  • 0.97%

    since 31 May 2021
  • 31 Dec 2012

  • Debt - Floater Fund

  • CRISIL 10 Year Gilt Index

  • franklin templeton mutual fund

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Highlights of this fund

Franklin India Floating Rate Fund is an Open-ended Debt Fund. The fund belongs to Floater Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 31 Dec 2012. This fund is offered by one of the top AMC (Assets Management Company) franklin templeton mutual fund. You can also view here all other Debt funds offered by franklin templeton mutual fund.

Latest NAV of the fund is ₹ 32.047 as on 17 Sep 2021.

This fund has 8 years of track record. Since 31 May 2021 expense ratio of this fund is 0.97%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 1,000.

Fund Objective

To provide income and liquidity consistent with the prudent risk from a portfolio comprising of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments and money market instruments.

List of Fund Managers of Franklin India Floating Rate Fund

  • About Mayank Bukrediwala

    Picture of Mayank  Bukrediwala
  • About Umesh Sharma

    Picture of Umesh SharmaMr. Sharma is a B.Com (H), CS and CA. Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
  • About Pallab Roy

    Picture of Pallab RoyMr. Roy is a M.Com and MBA (Finance). He has been associated with Franklin Templeton Investments since 2001.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately Low Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.10% 0.74% 2.08% 5.21% 6.85% 8.27% 8.71% 7.51% 8.38% 6.87% 7.86% 8.06% 7.80% 7.99%
Category Average 0.07% 0.48% 1.56% 3.46% 5.68% 7.09% 7.64% 7.19% 7.84% 5.51% 6.51% 7.06% 7.17% 7.50%
Franklin India Floating Rate Fund 0.05%₹ 10,004 0.38%₹ 10,038 1.27%₹ 10,126 2.38%₹ 10,237 4.57%₹ 10,456 4.41%₹ 12,284 5.42%₹ 11,115 4.90%₹ 25,238 6.10%₹ 11,947 5.46%₹ 39,119 6.09%₹ 13,443 5.90%₹ 69,657 6.45%₹ 18,688 6.19%₹ 1,64,911
Nippon India Floating Rate Fund 0.06%₹ 10,005 0.40%₹ 10,039 1.46%₹ 10,146 3.72%₹ 10,372 6.27%₹ 10,626 5.77%₹ 12,371 8.27%₹ 11,724 7.36%₹ 25,866 8.71%₹ 12,850 8.06%₹ 40,666 7.50%₹ 14,358 7.80%₹ 73,064 8.27%₹ 22,159 7.99%₹ 1,81,279
ICICI Prudential Floating Interest Fund 0.09%₹ 10,009 0.62%₹ 10,062 2.08%₹ 10,207 3.74%₹ 10,374 6.54%₹ 10,654 6.43%₹ 12,413 7.75%₹ 11,613 7.31%₹ 25,853 7.89%₹ 12,559 7.65%₹ 40,419 7.43%₹ 14,316 7.51%₹ 72,527 8.25%₹ 22,123 7.87%₹ 1,80,055
HDFC Floating Rate Debt Fund 0.08%₹ 10,007 0.49%₹ 10,049 1.54%₹ 10,154 3.39%₹ 10,339 6.15%₹ 10,615 5.73%₹ 12,369 7.39%₹ 11,533 6.83%₹ 25,731 7.86%₹ 12,552 7.34%₹ 40,233 7.51%₹ 14,366 7.47%₹ 72,450 8.38%₹ 22,380 7.97%₹ 1,81,031
Aditya Birla Sun Life Floating Rate Fund 0.06%₹ 10,005 0.34%₹ 10,033 1.32%₹ 10,132 3.21%₹ 10,320 5.13%₹ 10,512 5.05%₹ 12,325 6.84%₹ 11,416 6.10%₹ 25,542 7.62%₹ 12,468 6.81%₹ 39,918 7.40%₹ 14,297 7.19%₹ 71,944 - -
Kotak Floating Rate Fund 0.10%₹ 10,009 0.74%₹ 10,074 1.90%₹ 10,190 5.21%₹ 10,520 6.85%₹ 10,684 6.87%₹ 12,442 8.01%₹ 11,669 7.86%₹ 25,995 - - - - - -

Portfolio Holdings

Portfolio holdings pattern of Franklin India Floating Rate Fund as on 20 Sep 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    93.80%
  • Others Holdings:

    6.22%

Top Debt Instrument Type holdings of Franklin India Floating Rate Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 44.56% ₹ 140.19 Cr.
NCD & Bonds 30.52% ₹ 96.05 Cr.
CP 7.80% ₹ 24.54 Cr.
T-Bills 7.74% ₹ 24.36 Cr.
CD 3.18% ₹ 10.00 Cr.
Others 6.20% -

Top Debt Holdings of Franklin India Floating Rate Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 44.56% ₹ 140.19 Cr.
Bond - National Bank for Agriculture & Rural Development 8.17% ₹ 25.70 Cr.
Bond - Aditya Birla Housing Finance Ltd. 8.03% ₹ 25.27 Cr.
Bond - HDB Financial Services Ltd. 7.95% ₹ 25.01 Cr.
Bond - Export Import Bank Of India 7.80% ₹ 24.54 Cr.
Others 23.49%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 6.22%