Franklin India Floating Rate Fund Direct Growth

Franklin India Floating Rate Fund Direct Growth

Debt

Franklin Mutual Fund

Floating Rate

Get the latest NAV of Franklin India Floating Rate Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹44.71

NAV as on 27 Jun 2025

7.19%/per year

Since Inception

Absolute Gain%

▲▼

52 people have invested ₹ 14L in Franklin India Floating Rate Fund Direct Growth in the last three months

Fund Performance

as on (27-Jun-25)

Period
This Fund
Floating Rate Index
1 Month
0.44%
0.22%
3 Months
3.38%
2.65%
6 Months
5.61%
4.74%
1 Year
10.18%
8.91%
3 Years
8.81%
7.92%
5 Years
6.98%
6.46%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Franklin India Floating Rate Fund
-
341Cr
0.23%
10.18%
8.81%
7.19%
HDFC Floating Rate Debt Fund Direct Growth
1/8
15,297Cr
0.26%
9.26%
8.39%
7.96%
Aditya Birla Sun Life Floating Rate Fund Direct Growth
2/8
13,670Cr
0.22%
8.73%
7.93%
8.03%
Kotak Floating Rate Fund Direct Growth
3/8
3,253Cr
0.25%
9.78%
8.36%
7.44%
See all

Franklin India Floating Rate Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Franklin India Floating Rate Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Debt & Cash 99.7%

AAA
87.2%
AA
12.8%
Cash allocation has gone up from 2.2% to 10.2%
Cash allocation has gone up from 2.2% to 10.2%
Debt allocation has gone down from 97.6% to 89.5%
Debt allocation has gone down from 97.6% to 89.5%

Franklin India Floating Rate Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Debt & Cash 99.7%

Government
72.2%
Corporate
25.9%
Cash Equivalent
1.8%

Top 2 Sectors in May were Government, Corporate

May'25

Government

52%

Corporate

47%

Apr'25

Government

70%

Corporate

27%

Franklin India Floating Rate Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.23%
Benchmark
Nifty Short Duration Debt A-II TR INR
AUM₹341 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
123.55%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

About Franklin India Floating Rate Fund

Franklin India Floating Rate Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Pallab Roy, Rohan Maru. This fund is suitable to keep your money safe.

Key Parameters

  1. Franklin India Floating Rate Fund Direct Growth has ₹341 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Franklin India Floating Rate Fund Direct Growth has given a CAGR return of 7.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.18%, 8.81% and 6.98% respectively.

Holdings

Franklin India Floating Rate Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.81% Govt Stock 2033, 7.04% State Government Securities, Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), Bank of Baroda, Jubilant Bevco Limited

Taxation

As it is a floating rate mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Franklin India Floating Rate Fund Direct Growth

To provide income and liquidity consistent with the prudent risk from a portfolio comprising of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instrument and money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Franklin India Floating Rate Fund Direct Growth has no lock in period.

Fund Manager

Pallab Roy

Fund Manager of Franklin India Floating Rate Fund Direct Growth, since 5 July 2010

Rohan Maru

Fund Manager of Franklin India Floating Rate Fund Direct Growth, since 10 October 2024

Learn more about Franklin Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 337 Cr
₹ 322.6 Cr
₹ 313.7 Cr
  • AUM of the fund stands at 337 Cr as of May'25
  • AUM increased by 14.4 Cr between May'25 and Apr'25

Frequently Asked Questions for Franklin India Floating Rate Fund Direct Growth

How do I invest in Franklin India Floating Rate Fund?

INDmoney makes it simple to invest in the Franklin India Floating Rate Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Franklin India Floating Rate Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Franklin India Floating Rate Fund?

The NAV of the fund today is ₹44.71. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Franklin India Floating Rate Fund fund has generated a return of 10.18% in 1 year, 8.81% in 3 years, 6.98% in 5 years.

Who is the fund manager of Franklin India Floating Rate Fund?

The fund managers are Pallab Roy, Rohan Maru.

What is the exit load of the fund?

The exit load is . Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.23%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹341 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Franklin India Floating Rate Fund?

The top 3 holdings of the fund are 7.81% Govt Stock 2033(23.22%), 7.04% State Government Securities(7.6%), Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(7.12%)