Franklin India Floating Rate Fund - Growth - Regular Plan

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  • (-0.01%)Nav, as on 24-11-2023

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Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

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 6.71 6.37 7.26 4.87 5.66 5.80
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
CRISIL Low Duration Debt 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 7.26 4.87 5.66 0.91 363.84
HDFC Floating Rate Debt Fund - Growth Option Oct 23, 2007 7.42 5.43 6.83 0.48 16,419.94
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 7.34 5.19 6.65 0.46 13,078.62
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 7.24 5.32 6.75 1.27 11,181.51
Nippon India Floating Rate Fund - Growth Plan-Growth Option Sep 02, 2004 Unrated 7.00 4.81 7.06 0.58 7,849.81
UTI - Floater Fund - Regular Plan - Growth Option Oct 30, 2018 Unrated 6.70 4.43 5.85 0.85 1,423.48

Fund Holdings as on 31-October-2023

  • GOI FRB 2033 (22-Sep-2033)

  • GOI FRB 2028 (04-Oct-2028)

  • GOI FRB 2031 (07-Dec-2031)

  • Toyota Financial Services India Ltd (20-Nov-2023) **@

  • HDFC Bank Ltd (28-Nov-2023) **@

  • Axis Bank Ltd (28-Feb-2024) **

  • 182 DTB (29-MAR-2024)

  • 7.38% GOI 2027 (20-Jun-2027)

  • Call, Cash & Other Assets

  • JM Financial Credit Solutions Ltd (1Y SBI MCLR + 460 Bps) (23-Jul-2024) **

  • GOI FRB 2034 (30-Oct-2034)

  • Corporate Debt Market Development Fund Class A2

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  • Miscellaneous

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Fund Manager

  • Cash

  • CRISIL A1+

  • ICRA A1+

  • ICRA AA

  • Sov

  • Unrated

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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 ₹363.84 crore. Franklin India Floating Rate Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Low Duration Debt Index as secondary index.

The NAV of Franklin India Floating Rate Fund ended down ₹0(-0.01%)yesterday to ₹35.784.

Among its top 3 holdings the fund has exposure to GOI FRB 2033 (22-Sep-2033), and

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