NAV as on 31-03-2025
₹ 43.36
Inception Returns
7.1%
/yr
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.
Franklin India Floating Rate Fund Direct Growth has given a CAGR return of 7.07% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.08%, 7.78% and 6.68% respectively.
Franklin India Floating Rate Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.93% Govt Stock 2033, 7.3% Govt Stock 2028, 6.79% Government Of India (07/10/2034), Bharti Telecom Limited, 7.59% Govt Stock 2031
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.
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 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.
Expense ratio | 0.28% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹316 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 123.55% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (31-Mar-25)
as on (31-Dec-69)
Top 2 Sectors in February were Government, Corporate
More funds from Franklin
Franklin India Government Securities Fund Direct Growth
5Y CAGR
▲ 5.41
Franklin India Corporate Debt Direct Growth
5Y CAGR
▲ 6.65
Franklin India Banking & PSU Debt Fund Direct Growth
5Y CAGR
▲ 6.24
Franklin India Money Market Fund Direct Growth
5Y CAGR
▲ 6.04
Franklin India Credit Risk Fund Direct Growth
5Y CAGR
▲ 6.22
Franklin India Floating Rate Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.08% | 1.08% |
6 Month Returns | 4.12% | 4.12% |
1 Year Returns | 9.08% | 9.08% |
3 Years Returns | 25.21% | 7.78% |
5 Years Returns | 38.14% | 6.68% |
AAA | 80.87 |
AA | 19.13 |