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Home Mutual FundsDebtFloater FundFranklin India Floating Rate Fund

Franklin India Floating Rate Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Floater Fund category.

The NAV for Franklin India Floating Rate Fund Fund is 39.348 as of 21 Feb 2025. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 6.74% annualized return for the last 3 years.

At present Franklin India Floating Rate Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Fund Information

  • As of 31 Aug 2023, fund size of Franklin India Floating Rate Fund is 320.06 Cr.

  • Franklin India Floating Rate Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.98%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • Franklin India Floating Rate Fund is an Debt oriented mutual fund in the - Floater Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for Franklin India Floating Rate Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 23 Apr 2001 as at present it is 24 years old fund.

  • Name of the AMC is Franklin Templeton Mutual Funds. Click here to know more about Franklin Templeton Mutual Funds.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Franklin India Floating Rate Fund managed by following fund manager(s);

Riskometer

Investors understand that their principal
will be at Low to Moderate risk

How does the Return Comparison of the Franklin India Floating Rate Fund fare against peer funds in the Floater fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Franklin India Floating Rate Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Floater fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.15% 0.66% 2.58% 4.94% 8.69% 8.39% 7.05% 6.71% 7.39%
Category Average 0.10% 0.58% 1.75% 3.71% 8.08% 7.78% 6.70% 6.33% 7.05%
Franklin India Floating Rate Fund 0.13% 0.55% 1.56% 3.41% 8.15% 7.82% 6.74% 5.71% 6.13%
Axis Floater Fund -0.04% 0.31% 1.73% 3.06% 8.16% 8.17% 7.05% - -
HDFC Floating Rate Debt Fund 0.10% 0.63% 1.69% 3.71% 8.33% 8.05% 7.02% 6.71% 7.39%
ICICI Prudential Floating Interest Fund 0.11% 0.61% 1.50% 3.50% 8.17% - - - -
DSP Floater Fund 0.13% 0.59% 1.67% 3.84% 8.69% - - - -
Aditya Birla Sun Life Floating Rate Fund 0.14% 0.63% 1.72% 3.74% 7.95% 7.75% 6.89% 6.41% 7.35%

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Franklin India Floating Rate Fund are shown below;

Equity -

Debt 85.05%

Others 14.94%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 30814 GOI FRB 04OT28 FV RS 100 27.04%
GOVERNMENT OF INDIA 18882 GOI 07NV24 FLT FV RS 100 17.37%
GOVERNMENT OF INDIA 20388 GOI 07DC31 FLT FV RS 100 9.51%
TOYOTA FINANCIAL SERVICES INDIA LIMITED 157D CP 20NOV23 7.61%
HDFC BANK LIMITED 362D CP 28NOV23 7.60%
Others 30.87%
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Allocation by Instruments

Type of the InstrumentHolding Percentage
GOVERNMENT SECURITIES 66.70%
COMMERCIAL PAPER 15.21%
DEBENTURE 3.14%

Portfolio Holdings shown is as of 31 Aug 2023