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Franklin India Floating Rate Fund Direct IDCW Daily

Debt
Floater
Low to Moderate Risk
5.19%
1Y return
+0.08% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 02 Aug 2021₹10.07
Min. SIP Amount₹1,000
Rating2star
Fund Size₹314.71 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Debt Floater
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.2%6.8%6.8%7.1%
Category average5.3%7.6%7.3%NA
Rank with in category555NA
Understand termsinfo

Holdings (14)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec20.4%
GOI
SovereignGOI Sec9.6%
National Bank For Agriculture & Rural Development
FinancialDebenture8.2%
Aditya Birla Housing Finance Ltd.
FinancialDebenture8.0%
HDB Financial Services Ltd.
FinancialDebenture7.9%
Export-Import Bank Of India
FinancialCD7.8%
Reserve Bank of India
FinancialT-Bills7.7%
GOI
SovereignGOI Sec6.6%
Indostar Capital Finance Ltd.
FinancialDebenture3.2%
GOI
SovereignGOI Sec3.2%
See All

Pros and cons

Category: Debt Floater

Pros

  • Age is more than 3 years
  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
  • 1Y Returns are lower than the category average returns
  • 3Y Returns are lower than the category average returns
  • 5Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.28%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Pallab Roy
Jan 2013 - Present
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Umesh Sharma
Jan 2013 - Present
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Srikesh Nair
Jun 2018 - Present
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Pyari Menon
Sep 2019 - Present
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Mayank Bukrediwala
Aug 2020 - Present
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Fund house & investment objective

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Fund house contact details

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