Home Mutual FundsFranklin India Floating Rate Direct Growth

INDProtect

Overview (as on 07 May 2021)

NAV

₹33.4143

1y returns

6.379%

Fund AUM

₹308 Cr

Expense Ratio

0.34%

Min SIP

₹1,000

Min Lumpsum

₹1,000

Fund Performance

Calculator

Monthly SIP

Lumpsum

I would like to invest

For Time Period

5 years

Total investment

₹0

Pre-Tax

Post-Tax

Franklin India Floating Rate Direct Growth

₹0

4.45% projected returns

HDFC Floating Rate Debt - Direct Plan - Wholesale Growth Option

₹0

4.10% projected returns

ICICI Prudential Floating Interest Fund Direct Plan Growth

₹0

4.41% projected returns

Nippon India Floating Rate Fund Direct Plan Growth Plan

₹0

4.17% projected returns

Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth

₹0

4.04% projected returns

Kotak Floating Rate Fund Direct Growth

₹0

4.21% projected returns

Asset Allocation

Debt & Cash (100.00%)

Sector Allocation

Government

61.78%

Corporate

30.76%

Cash Equivalent

7.46%

Debt Credit Ratings

AAA

93.04%

6.96%

Key Metrics

Modified Duration

0.52 yr

Average Maturity

2.48 yr

Yield to Maturity

4.29%

Holdings

All

Equity

Debt & Cash

Holding Name
Type
Holding Percentage
INDProtect
GOI Floating Rate Bond 2024
SOVEREIGN
Debt
20.87%
7.33% Govt Stock 2031
SOVEREIGN
Debt
9.79%
8.35% Govt Stock 2022
SOVEREIGN
Debt
8.50%
Aditya Birla Housing Finance Limited
ICRA AAA
Debt
8.22%
HDB Financial Services Limited
CRISIL AAA
Debt
8.14%

182 DTB 12082021
SOVEREIGN
Debt
8.02%
364 DTB 11032022
SOVEREIGN
Debt
7.84%
Call, Cash & Other Assets

Cash
7.46%
Kotak Mahindra Bank Limited
CRISIL A1+
Debt
4.70%
Food Corporation of India
CRISIL AAA(CE)
Debt
3.42%

Fund Details

Investment Objectives

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.

Scheme Name

Franklin India Floating Rate Direct Growth

Scheme Document

Click Here

Exit Load

After 0 Months : 0%

Plan Started

01 January, 2013

Fund Manager

Mayank Bukrediwala

Fund House Details

Fund House

Franklin Templeton Asst Mgmt(IND)Pvt Ltd

service@templeton.com

Phone

+912266490622/66490627

Address

Franklin Templeton Asset Management (India) Private Limited,Indiabulls Finance Centre; Tower 2, 12th and 13th Floor,Senapati Bapat Marg;,Elphinstone Road (W)

Other Related Plans

Fund Name	Plan Type	Expense Ratio	1yr Returns
Franklin India Floating Rate Direct Reinvestment Inc Dist cum Cap Wdrl	Direct	0.34%	5.71%
Franklin India Floating Rate Daily Reinvestment Inc Dist cum Cap Wdrl	Regular	0.96%	5.14%

Peer Funds

HDFC Floating Rate Debt - Direct Plan - Wholesale Growth Option

DebtFloating RateDirectModerate Risk

1 yr returns

8.17%

AUM

₹16,559 Cr

Expense Ratio

0.23%

Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth

DebtFloating RateDirectLow to Moderate Risk

1 yr returns

7.25%

AUM

₹14,250 Cr

Expense Ratio

0.22%

ICICI Prudential Floating Interest Fund Direct Plan Growth

DebtFloating RateDirectModerate Risk

1 yr returns

9.15%

AUM

₹13,125 Cr

Expense Ratio

0.68%

Nippon India Floating Rate Fund Direct Plan Growth Plan

DebtFloating RateDirectLow to Moderate Risk

1 yr returns

9.07%

AUM

₹13,114 Cr

Expense Ratio

0.24%

Kotak Floating Rate Fund Direct Growth

DebtFloating RateDirectModerate Risk

1 yr returns

10.11%

AUM

₹4,049 Cr

Expense Ratio

0.22%

Franklin India Floating Rate Direct Growth

NAV

₹33.4143

Name: Franklin India Floating Rate Direct Growth
Brand: Franklin Templeton Asst Mgmt(IND)Pvt Ltd
SKU: F00000PDJ1
Price: 33.4143 INR
Availability: InStock
Rating: 4 (5 reviews)

INDmoney Analysis

Return Score

Below Average

Fund is in Bottom 50 percent in its Category

Return score is based upon:

Benchmark out performance

Consistency of returns

Indicative yields

Risk Score

Good

Fund is in Top 30 percent in its Category

Risk score is based upon:

Market sensitivity

Credit risk

Underlying maturity

Credit Quality

High

Fund has high quality bonds and commercial papers

Credit Quality is based upon:

Long term credit rating

Credit rating outlook

Probability of default

Interest Rate Sensitivity

Low

Based on credit rating and modified duration of underlying instruments

Fund Managers

Mayank Bukrediwala

manager

Work Experience

"null"

Pallab Roy

leader

Qualifications

MBA (Fin.), M.Com., DBF

Work Experience

"Senior Manager - Fixed Income (based at Mumbai). Responsible for Investments and Fund Management. Schemes managed: TIMMA, TICMA, TFHF-Series and Debt portions of TMIP, FTIMIP, FTCSF, FTCPOF & FTFTF Series. He is also the co-fund manager to TFIF, TITMA, TIUBF, and Debt portions of FTLF. Prior assignments: Franklin Templeton Asset Management (India) Pvt. Ltd. (June 2001 - till date). Responsible for Liquidity Management & Portfolio MIS - Fixed Income funds."

Umesh Sharma

manager

Qualifications

B.com, CA, CS, CFA

Work Experience

"Vice President - Fixed Income (based at Mumbai). He is responsible for Investments and Fund Management. Schemes managed: He is co-fund manager to TIIF, TIIBA, TISTIP, TGSF, TICMA, TIIOF, TILDF and Debt portions of FTIBF, TICAP, TIPP, FTIMIP, FTCSF, FTCPOF & FTFTF Series. Prior assignments: Fixed Income, Religare Mutual Fund (2008- 2010), responsible for managing fixed income bond portfolios. Portfolio Manager- Fixed Income, Lotus India Mutual Fund (2006-2008), responsible for managing fixed income bond portfolios. Chief Manager, ICICI Bank (2005-2006), undertook analysing of investment opportunities in international USD bonds. Manager - Fixed Income, JM Financial Mutual Fund (2003-2005), undertook macro research in order to gauge interest rate trends & credit research. Primary Dealer, UTI Mutual Fund (2000-2003), involved in analyzing and recommending investments in debt and equity."

Support
support@indmoney.com

Bonds:All Bonds | Suggested Bonds | Corporate Bonds | Public Sector Bonds | Bank Issued Bonds

Loans:New Home Loan | Loan Against Property | On Demand Credit Line | Loan for Commercial Property | Personal Loan

Finzoom Investment Advisors Private Limited (Brand Name - INDmoney, INDwealth, IND.app, IND.money, INDsave.com) makes no warranties or representations, express or implied, on products and services offered through the platform. It accepts no liability for any damages or losses, however, caused in connection with the use of, or on the reliance of its advisory or related services.

Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs. Performance and returns of any investment portfolio can neither be predicted nor guaranteed.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Marketing and distribution of various financial products such as loans and deposits are powered by Finzoomers Services Private Limited.

INDmoney, INDwealth, IND.app are brand and product of Finzoom Investment Advisors (P) Limited.

[SEBI RIA Registration No: INA100012190] [Type of Registration: Non-Individual] [Validity of registration: December 17, 2018-Perpetual] [Address: 616, 6th Floor, Suncity Success Tower, Golf Course Extension Road, Sector – 65, Gurugram, Haryana- 122005] [Principal Officer details: Mr. Gaurav Sharma, Email id: principalofficer@indwealth.in, Contact No. 8800826254] [Corresponding SEBI local office address: Securities and Exchange Board of India, Local Office, First Floor, SCO 127-128, Sector 17C, Chandigarh-160017]

[ARN - 151913] [Platform Partner : BSE (Member code-24801)] [CIN - U67190HR2018PTC073294] [GST No : 06AADCF3538Q1Z8]