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Best Floater Mutual Fund

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List of Floater Mutual Funds in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Aditya Birla Sun Life Floating Rate Direct Fund
DebtLow to Moderate8.2%5₹13,506
ICICI Prudential Floating Interest Fund
DebtModerate8.4%4₹7,554
HDFC Floating Rate Debt Fund
DebtLow to Moderate8.3%4₹15,753
UTI Floater Fund
DebtLow to Moderate7.6%4₹1,542
Franklin India Floating Rate Fund
DebtModerate8.7%3₹350
Kotak Floating Rate Fund
DebtModerate8.9%3₹3,081
Nippon India Floater Fund
DebtModerate8.6%3₹8,224
Bandhan Floater Fund
DebtModerate8.6%3₹327
SBI Floating Rate Debt Fund
DebtLow to Moderate7.6%3₹885
DSP Floater Fund
DebtLow to Moderate8.2%2₹553
Tata Floating Rate Fund
DebtModerate8.1%2₹138
Axis Floater Fund
DebtModerate7.5%1₹128
View All

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Now let us jump and check about these top 12 mutual fund schemes.

Aditya Birla Sun Life Floating Rate Direct Fund Growth

Fund Performance: The Aditya Birla Sun Life Floating Rate Direct Fund has given 7.89% annualized returns in the past three years and 6.56% in the last 5 years. The Aditya Birla Sun Life Floating Rate Direct Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Floating Rate Direct Fund via lump sum is ₹1,000 and via SIP is ₹1,000.

Min Investment Amt₹1,000
AUM₹13,506Cr
1Y Returns8.2%

ICICI Prudential Floating Interest Fund Direct Plan Growth

Fund Performance: The ICICI Prudential Floating Interest Fund has given 8.34% annualized returns in the past three years and 7.15% in the last 5 years. The ICICI Prudential Floating Interest Fund comes under the Debt category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Floating Interest Fund via lump sum is ₹500 and via SIP is ₹100.

Min Investment Amt₹500
AUM₹7,554Cr
1Y Returns8.4%

HDFC Floating Rate Debt Fund Direct Plan Growth

Fund Performance: The HDFC Floating Rate Debt Fund has given 8.13% annualized returns in the past three years and 6.88% in the last 5 years. The HDFC Floating Rate Debt Fund comes under the Debt category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Floating Rate Debt Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹15,753Cr
1Y Returns8.3%

UTI Floater Fund Direct Growth

Fund Performance: The UTI Floater Fund has given 7.4% annualized returns in the past three years and 6.09% in the last 5 years. The UTI Floater Fund comes under the Debt category of UTI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in UTI Floater Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹1,542Cr
1Y Returns7.6%

Franklin India Floating Rate Fund Direct Growth

Fund Performance: The Franklin India Floating Rate Fund has given 8.58% annualized returns in the past three years and 6.86% in the last 5 years. The Franklin India Floating Rate Fund comes under the Debt category of Franklin Templeton Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Franklin India Floating Rate Fund via lump sum is ₹1,000 and via SIP is ₹500.

Min Investment Amt₹1,000
AUM₹350Cr
1Y Returns8.7%

Kotak Floating Rate Fund Direct Growth

Fund Performance: The Kotak Floating Rate Fund has given 8.23% annualized returns in the past three years and 6.95% in the last 5 years. The Kotak Floating Rate Fund comes under the Debt category of Kotak Mahindra Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Kotak Floating Rate Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹3,081Cr
1Y Returns8.9%

Nippon India Floater Fund Direct Growth

Fund Performance: The Nippon India Floater Fund has given 8.13% annualized returns in the past three years and 6.74% in the last 5 years. The Nippon India Floater Fund comes under the Debt category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Floater Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹8,224Cr
1Y Returns8.6%

Bandhan Floater Fund Direct Growth

Fund Performance: The Bandhan Floater Fund comes under the Debt category of IDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Bandhan Floater Fund via lump sum is ₹1,000 and via SIP is ₹100.

Min Investment Amt₹1,000
AUM₹327Cr
1Y Returns8.6%

SBI Floating Rate Debt Fund Direct Growth

Fund Performance: The SBI Floating Rate Debt Fund comes under the Debt category of SBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in SBI Floating Rate Debt Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹885Cr
1Y Returns7.6%

DSP Floater Fund Direct Growth

Fund Performance: The DSP Floater Fund comes under the Debt category of DSP Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in DSP Floater Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹553Cr
1Y Returns8.2%

Tata Floating Rate Fund Direct Growth

Fund Performance: The Tata Floating Rate Fund comes under the Debt category of Tata Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Tata Floating Rate Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹138Cr
1Y Returns8.1%

Axis Floater Fund Direct Growth

Fund Performance: The Axis Floater Fund comes under the Debt category of Axis Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Axis Floater Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹128Cr
1Y Returns7.5%

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