Franklin India Floating Rate Fund Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 23 Apr 2001. Pallab Roy, Umesh Sharma is the Current Fund Manager of Franklin India Floating Rate Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹252 Cr and the Latest NAV as of 11 Nov 2019 is ₹29.14.
The Franklin India Floating Rate Fund Growth is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Nil.
Investment Objective
The primary investment objective of the Scheme is to provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market and debt 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)
₹1000
Min for First Investment
₹1000
Min for Second Investment