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Blog
Franklin India Floating Rate Fund Direct Growth

Franklin India Floating Rate Fund Direct Growth

Debt
Floater
Moderate Risk
+8.46%
3Y annualised
+0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Jan '26
₹46.09
Min. SIP amount
₹500
Fund size
₹304.96 Cr
Expense ratio
0.24%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹62,169
+3.62%
3 years₹1,80,000₹2,03,865
+13.26%
5 years₹3,00,000₹3,64,633
+21.54%
10 years₹6,00,000₹8,64,689
+44.11%

Holdings (16)

NameSectorInstrumentsAssets
GOISovereignGOI FRB25.85%
GOISovereignGOI Sec9.43%
Bihar StateOthersSDL8.39%
Karnataka StateOthersSDL8.29%
Jubilant Bevco Ltd.Consumer StaplesDebenture7.42%
Jubilant Beverages Ltd.Consumer StaplesDebenture7.17%
Bajaj Finance Ltd.FinancialDebenture7.10%
Bharti Telecom Ltd.CommunicationNCD6.89%
GOISovereignGOI Sec5.06%
GOISovereignGOI Sec5.03%
Poonawalla Fincorp Ltd.FinancialNCD3.45%
LIC Housing Finance Ltd.FinancialDebenture3.28%
GOISovereignGOI Sec1.59%
Rajasthan StateOthersSDL0.27%
Standard Chartered BankFinancialIRS-8.20%
IDFC First Bank Ltd.FinancialIRS-32.79%
See All

Minimum investments

Min. for 1st investment
₹1,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+8.5%+6.9%+7.0%+7.1%
Category average (Debt Floater)+7.7%+6.2%+7.0%--
Rank (Debt Floater)125--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.
Check past data

Compare similar funds

Name1Y3YFund Size(Cr)
Franklin India Floating Rate Fund Direct Growth
Franklin India Floating Rate Fund Direct Growth
+8.23%+8.46%304.96
ICICI Prudential Floating Interest Fund Direct Plan Growth
ICICI Prudential Floating Interest Fund Direct Plan Growth
+8.01%+8.41%7,282.30
Kotak Floating Rate Fund Direct Growth
Kotak Floating Rate Fund Direct Growth
+8.19%+8.21%3,368.00
HDFC Floating Rate Debt Fund Direct Plan Growth
HDFC Floating Rate Debt Fund Direct Plan Growth
+7.61%+8.04%16,223.66
Aditya Birla Sun Life Floating Rate Direct Fund Growth
Aditya Birla Sun Life Floating Rate Direct Fund Growth
+7.45%+7.78%13,415.81
Compare

Fund management

PR
Pallab Roy
Jan 2013 - Present
View details

RM
Rohan Maru
Oct 2024 - Present
View details

Education
Mr. Maru is M.Com and MBA in Finance.
Experience
Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential Mutual Fund, Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.

SM
Sandeep Manam
Oct 2021 - Present
View details

Education
Mr. Manam is a PGDM (IIM-Ahmedabad), B.Tech (Electronics & Communication Engg.)- National Institute of Technology Calicut
Experience
Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd., he has worked with Cognizant Technology Solutions, Shapoorji Pallonji & Company Private Limited.
Also manages these schemes
Franklin India Floating Rate Fund Direct Growth
Franklin India Multi Cap Fund Direct Growth
Franklin U.S. Opportunities Equity Active FoF Direct Growth
Franklin Build India Fund Direct Growth
Franklin India Large & Mid Cap Fund Direct Growth
Franklin India Opportunities Direct Fund Growth
Franklin India Technology Fund Direct Growth
Franklin India Aggressive Hybrid Fund Direct Growth
Franklin India NSE Nifty 50 Index Direct Growth
Franklin India Balanced Advantage Fund Direct Growth
Franklin India Multi Asset Allocation Fund Direct Growth
Franklin India Dividend Yield Fund Direct Growth
Franklin India Small Cap Fund Direct Growth
Franklin India Conservative Hybrid Fund A Direct Growth
Franklin India Large Cap Fund Direct Growth
Franklin India Flexi Cap Fund Direct Growth
Franklin India Mid Cap Fund Direct Growth
Franklin Asian Equity Fund Direct Growth
Franklin India Focused Equity Fund Direct Growth
Franklin India Equity Savings Fund Direct Growth
Franklin India Banking & PSU Debt Fund Direct Growth

About Franklin India Floating Rate Fund Direct Growth

Franklin India Floating Rate Fund Direct Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 19 Feb 1996. Pallab Roy is the Current Fund Manager of Franklin India Floating Rate Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,26,065 Cr and the Latest NAV as of 20 Jan 2026 is ₹46.09. The Franklin India Floating Rate Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. ;

Investment Objective

The Scheme seeks to provide income and liquidity consistent with the prudent risk from a portfolio comprising of floating rate return, and also fixed rate money market and debt instruments. debt instruments, fixed rate debt instruments swapped for floating rate instruments and money market instruments.;
Fund benchmarkNIFTY Short Duration Debt Index A-II
Scheme Information Document(SID)

Fund house

AMC Image
Franklin Templeton Mutual Fund
Rank (total assets)#11 in India
Total AUM₹1,26,065.13 Cr
Date of Incorporation19 Feb 1996
Phone1800-425-4255 / 60004255
E-mailNA
Websitehttp://www.franklintempletonindia.com
Launch Date19 Feb 1996
AddressUnit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211Free Press Journal Marg, Nariman Point Mumbai 400013
CustodianHongkong & Shanghai Banking Corporation
Registrar & Transfer AgentCams
Email[email protected]
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka
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