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Best Floater Mutual Fund

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List of Floater Mutual Funds in India

Fund NameCategoryRiskNAVExpense Ratio1Y Returns3Y Returns5Y ReturnsRatingFund Size (in Cr)Exit Load
Aditya Birla Sun Life Floating Rate Direct Fund
DebtLow to Moderate365.480.228.1%8.0%6.5%5₹13,401
-
ICICI Prudential Floating Interest Fund
DebtModerate473.970.398.3%8.4%7.1%4₹7,132
-
HDFC Floating Rate Debt Fund
DebtModerate52.130.268.3%8.2%6.8%4₹15,445
-
Franklin India Floating Rate Fund
DebtModerate45.520.258.9%8.7%6.9%3₹333
-
Kotak Floating Rate Fund
DebtModerate1,585.540.268.8%8.4%6.8%3₹2,988
-
Nippon India Floater Fund
DebtModerate48.710.358.7%8.3%6.6%3₹8,259
-
SBI Floating Rate Debt Fund
DebtLow to Moderate13.670.257.5%8.0%NA3₹812
Exit load of 0.10%, if redeemed within 3 days.
UTI Floater Fund
DebtLow to Moderate1,598.240.397.7%7.5%6.1%3₹1,408
-
DSP Floater Fund
DebtModerate13.650.258.3%8.6%NA2₹520
-
Bandhan Floater Fund
DebtModerate13.470.128.8%8.2%NA2₹297
-
Tata Floating Rate Fund
DebtModerate13.270.38.2%7.8%NA2₹128
-
Axis Floater Fund
DebtModerate1,347.580.198.3%8.8%NA1₹127
-
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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 7.99% annualized returns in the past three years and 6.5% 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₹13,401Cr
1Y Returns8.1%

ICICI Prudential Floating Interest Fund Direct Plan Growth

Fund Performance: The ICICI Prudential Floating Interest Fund has given 8.43% annualized returns in the past three years and 7.09% 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₹7,132Cr
1Y Returns8.3%

HDFC Floating Rate Debt Fund Direct Plan Growth

Fund Performance: The HDFC Floating Rate Debt Fund has given 8.24% annualized returns in the past three years and 6.82% 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₹15,445Cr
1Y Returns8.3%

Franklin India Floating Rate Fund Direct Growth

Fund Performance: The Franklin India Floating Rate Fund has given 8.67% annualized returns in the past three years and 6.91% 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₹333Cr
1Y Returns8.9%

Kotak Floating Rate Fund Direct Growth

Fund Performance: The Kotak Floating Rate Fund has given 8.38% annualized returns in the past three years and 6.79% 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₹2,988Cr
1Y Returns8.8%

Nippon India Floater Fund Direct Growth

Fund Performance: The Nippon India Floater Fund has given 8.32% annualized returns in the past three years and 6.64% 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₹8,259Cr
1Y Returns8.7%

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₹812Cr
1Y Returns7.5%

UTI Floater Fund Direct Growth

Fund Performance: The UTI Floater Fund has given 7.53% annualized returns in the past three years and 6.07% 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₹1,408Cr
1Y Returns7.7%

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₹520Cr
1Y Returns8.3%

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₹297Cr
1Y Returns8.8%

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₹128Cr
1Y Returns8.2%

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₹127Cr
1Y Returns8.3%

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