Franklin India Floating Rate Fund - Growth - Regular Plan

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  • Net Change on 14-06-2019

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Fund Overview Growth | Regular Plan

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  • Minimum Addl Investment (₹)

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Fund Objective

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

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Franklin India Floating Rate Fund - Growth Plan 7.90 7.10 7.07 6.37 6.37 5.89
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
Crisil Liquid Fund Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 Unrated 7.07 6.37 6.37 0.95 230.51
HDFC Floating Rate Debt Fund - Wholesale Growth Option Oct 23, 2007 Unrated 8.39 7.65 8.15 0.38 11,083.59
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 Unrated 7.78 7.29 7.75 1.32 6,748.61
Reliance Floating Rate Fund - Growth Plan-Growth Option Sep 02, 2004 Unrated 8.84 7.05 7.80 0.60 6,079.20
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 8.71 7.93 8.36 0.38 5,841.17
DHFL Pramerica Floating Rate Fund - Growth Oct 09, 2009 Unrated -44.27 -13.91 -5.60 0.38 7.79

Fund Holdings as on 31-May-2019

  • GOI FRB 2020 (21-Dec-2020)

  • (MIBOR +108) Kotak Mahindra Bank Ltd. (28-Jun-2019) **

  • (MIBOR+160) Cooperatieve Rabobank (28-Nov-2019) **

  • HDB Financial (91DTB + 205 Bps) (12Jul2021) **

  • Call, Cash & Other Assets

  • Indostar Capital Finance Ltd (SBI MCLR + 95 Bps) (02-May-2023) **

  • Aspire Home Finance Corp Ltd (SBI + 145 Bps) (21-Jul-2023) **

  • Grasim Industries Ltd (03-Jun-2019) **

  • Chambal Fertilizers And Chemicals Ltd (14-Jun-2019) **

  • Tata Capital Financial Services Ltd (06-Jun-2019) **

  • Northern Arc Capital Ltd (6M SBI MCLR + 205 Bps) Series C (16-Jul-2021) **

  • Bank Of Baroda (11-Jun-2019) **

  • Axis Bank Ltd (12-Feb-2020) **

  • JM Financial Products Ltd (13-Mar-2020) **

  • L&T Infrastructure Finance Co Ltd (13-Sep-2019) **

  • 8.93% Power Grid Corp Of India Ltd (20-Oct-2019) **

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About Franklin India Floating Rate Fund

Scheme Analysis

Franklin India Floating Rate Fund is a Debt - Floater Fund fund and belongs to Franklin Templeton Mutual Fund. It was launched on 23-Apr-2001 and currently has an AUM of ₹230.51 crore. Franklin India Floating Rate Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and Crisil Liquid Fund Index as secondary index.

The NAV of Franklin India Floating Rate Fund ended up ₹0.01(0.02%)yesterday to ₹28.25.

Among its top 3 holdings the fund has exposure to GOI FRB 2020 (21-Dec-2020), (MIBOR +108) Kotak Mahindra Bank Ltd. (28-Jun-2019) ** and (MIBOR+160) Cooperatieve Rabobank (28-Nov-2019) **

The Franklin India Floating Rate Fund is managed by Pallab Roy and Umesh Sharma.

Fund House Contact

Indiabulls Finance Centre; Tower 2, 12th and 13th Floor; Senapati Bapat Marg; Elphinstone Road (W) Mumbai 400013

+91 (22) 67519100
service@templeton.com
+91 (22) 66490622 / 66490627

Fund Manager

  • CARE A1+

  • CARE AA-

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • ICRA A+

  • ICRA A1+

  • SOVEREIGN

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