Franklin India Floating Rate Fund Growth+0.05%

6.37%
1 Year Return
Debt
Floater
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Franklin India Floating Rate Fund Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.95%
NAV₹30.90 (23 Oct 2020)
Fund Started23 Apr 2001
Fund Size₹163 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Franklin India Floating Rate Fund Growth
6.4%
6.8%
6.5%
6.0%
Category Average
8.9%
7.8%
7.8%
-
Rank within category
7
5
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month₹5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    ₹0
    with 6.4% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk-adjusted returns are higher compared to the category
    3. Risk is lower compared to the benchmark
    4. Exit load is zero
    5. Age is more than 10 years
    6. Risk-adjusted returns are higher compared to the category
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. 1Y Returns are lower than the benchmark
    3. 3Y Returns are lower than the benchmark
    4. 5Y Returns are lower than the benchmark
    5. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    6. 1Y Returns are lower than the category average returns
    7. 3Y Returns are lower than the category average returns
    8. 5Y Returns are lower than the category average returns
    9. 10Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI FRB18.5%
    Aditya Birla Housing Finance Ltd.FinancialDebenture15.8%
    HDB Financial Services Ltd.FinancialDebenture15.4%
    Rabo Bank India Ltd.FinancialCD14.2%
    GOISovereignGOI Sec9.5%
    JM Financial Credit Solutions Ltd.FinancialDebenture6.2%
    Indostar Capital Finance Pvt Ltd.FinancialDebenture6.1%
    GOISovereignGOI Sec6.0%

    Fund Managers

    addPallab Roy
    Education
    Mr. Roy is a M.Com and MBA (Finance).
    Experience
    He has been associated with Franklin Templeton Investments since 2001.
    Funds Managed
    addUmesh Sharma
    Education
    Mr. Sharma is a B.Com (H), CS and CA.
    Experience
    Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
    Funds Managed
    addSrikesh Nair
    Education
    Mr. Nair is a B.S. Marine Engineering from BITS Pilani and holds a Post Graduate Diploma in Management from Management Development Institute, Gurgaon.
    Experience
    Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd. he has worked with Goldman Sachs Services Private Limited (Apr 2011 - May 2015) as an Analyst and Teekay Shipping (Oct 2007 - Apr 2008 ) as a Trainee Marine Engineer
    Funds Managed
    addPyari Menon
    Education
    Mr. Menon has done Master of Business Administration (The University of Melbourne) and Bachelor of Technology (IIT Madras).
    Experience
    Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd (April 2019- till date), he has worked with Tano Capital (September 2012 – December 2018), Daiwa Securities (November 2010-April 2012), Intellectual Ventures (March 2009-November 2010).
    Funds Managed
    addMayank Bukrediwala
    Education
    Mr. Bukrediwala has done PGDBM and Bachelor of Technology.
    Experience
    Prior to joining Franklin Templeton Mutual Fund he has worked with Goldman Sachs.
    Funds Managed

    Franklin India Floating Rate Fund Growth Details

    Franklin India Floating Rate Fund Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 23 Apr 2001. Pallab Roy, Umesh Sharma is the Current Fund Manager of Franklin India Floating Rate Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹163 Cr and the Latest NAV as of 23 Oct 2020 is ₹30.90.

    The Franklin India Floating Rate Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.

    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.

    Tax Implications

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

    Scheme Information Document(SID)

    Click here
    ₹1000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

    Compare Funds

    Franklin India Floating Rate Fund Growth
    VS
    search

    About Franklin Templeton Mutual Fund

    Address
    Indiabulls Finance Centre; Tower 2, 12th and 13th Floor; Senapati Bapat Marg; Elphinstone Road (W) Mumbai 400013
    Phone
    022 - 67519100
    Launch Date
    19 Feb 1996
    E-mail
    services@franklintempleton.com
    Website
    NA
    Franklin Templeton Mutual Fund
    Asset Management Company
    Custodian
    Hongkong & Shanghai Banking Corporation
    Registrar & Transfer Agent
    Templeton
    Address
    Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi
    Email
    NA
    Website
    NA
    Similar Funds
    Data not available

    1st Floor, Proms Complex, SBI

    Colony, 1A Koramangala, 560034

    Contact Us

    GROWW
    About UsAMC Mutual FundsPricingGroww Q&ABlogMedia & PressHelp and Support
    EXPLORE
    Mutual FundsStocksNFOMutual Funds CategoriesUS StocksGoldETFs
    RESOURCES
    Mutual Fund BeginnersLearn Stock MarketCalculatorsGlossaryCompare FundsSwitch to GrowwDownload Forms
    ⓒ 2016-2020 Groww. All rights reserved, Built with ♥in India
    MOST POPULAR ON GROWW
    STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
    POPULAR MUTUAL FUNDS:  Axis Bluechip Fund |  Motilal Oswal S&P 500 Index Fund |  Parag Parikh Long Term Equity Fund |  SBI Small Cap Fund |  HDFC Balanced Advantage Fund |  Axis Long Term Equity Fund |  UTI Nifty Index Fund |  Axis Midcap Fund |  SBI Bluechip Fund |  Mirae Asset Emerging Bluechip Fund
    MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | NIPPON INDIA  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP  | AXIS  | TATA  | L&T  | SUNDARAM  | PGIM  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | ESSEL  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | Quant  | SHRIRAM  | SAHARA
    TOOLS: BROKERAGE CALCULATOR  | MARGIN CALCULATOR  | SIP CALCULATOR  | SWP CALCULATOR  | SUKANYA SAMRIDDHI YOJANA CALCULATOR  | MUTUAL FUND RETURNS CALCULATOR  | FD CALCULATOR  | RD CALCULATOR  | EMI CALCULATOR  | PPF CALCULATOR  | EPF CALCULATOR  | NPS CALCULATOR  | GRATUITY CALCULATOR
    NSE|
    BSE|
    Terms and Conditions|
    Policies and Procedures|
    Privacy Policy|
    Disclosure|
    Security