Franklin India Floating Rate Fund - Growth - Direct Plan

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  • 0.06 %Nav, as on 29-09-2023

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  • Net Change on 29-09-2023

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  • Assets (Cr.)

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Fund Overview Growth | Direct 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 (₹)

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  • 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 - Direct - Growth 9.71 9.16 8.34 5.65 6.41 6.85
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 - Direct - Growth Dec 31, 2012 8.34 5.65 6.41 0.20 323.33
HDFC Floating Rate Debt Fund - Direct Plan - Growth Option Jan 01, 2013 7.82 5.97 7.16 0.26 18,288.48
ICICI Prudential Floating Interest Fund - Direct Plan - Growth Jan 01, 2013 8.54 6.41 7.61 0.62 13,742
Aditya Birla Sun Life Floating Rate Fund-Direct Plan-Growth Jan 01, 2013 7.73 5.59 7.00 0.23 13,031.83
Nippon India Floating Rate Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 Unrated 7.65 5.67 7.57 0.30 8,160.56

Fund Holdings as on 31-August-2023

  • GOI FRB 2028 (04-Oct-2028)

  • GOI FRB 2024 (07-Nov-2024)

  • Call, Cash & Other Assets

  • GOI FRB 2031 (07-Dec-2031)

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

  • HDFC Bank Ltd (28-Nov-2023) **@

  • 7.38% GOI 2027 (20-Jun-2027)

  • GOI FRB 2033 (22-Sep-2033)

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

  • GOI FRB 2034 (30-Oct-2034)

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  • Miscellaneous

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Fund Manager

  • Cash

  • CRISIL A1+

  • ICRA A1+

  • ICRA AA

  • SOVEREIGN

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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 31-Dec-2012 and currently has an AUM of ₹323.33 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 up ₹0.02(0.06%)yesterday to ₹38.2701.

Among its top 3 holdings the fund has exposure to GOI FRB 2028 (04-Oct-2028), 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