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Mutual Funds

Franklin India Floating Interest Rates Fund

Franklin India Floating Interest Rates Fund icon

Franklin India Floating Interest Rates Fund

FloaterRank #4
3/5

NAV (2026-08-24)

43.65

AUM

₹289.91 Cr

Exp. Ratio: 0.95%

RISK LEVEL

Moderate

Returns & Performance

1 Year5.94%0.08% vs cat avgRank #7
3 Year7.41%0.12% vs cat avgRank #5
5 Year6.42%0.04% vs cat avgRank #6
Since Launch5.98%0.42% vs cat avg

Fund vs Category Average

1Y
5.94%-0.08%
3Y
7.41%+0.12%
5Y
6.42%+0.04%

Pros & Cons

Pros

Strong 3Y track record vs category
Above category avg 5Y returns
No lock-in period
Decent 1Y category rank (#7)
Overall top-10 rank in category (#4)

Cons

1Y returns trail category average
Returns since launch below category avg
ISININF090I01LM7
NAV₹43.65
NAV Date2026-08-24
AUM₹289.91 Cr
Expense Ratio0.95%
RiskModerate
Rating3 / 5
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1996-02-19

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.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Rohan Maru

Mr. Maru is M.Com and MBA in Finance.

Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential Mutual Fund, Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.

Top Holdings

CompanySectorAsset Value (Cr)Asset %
REC Ltd. 7.64 30/04/2027Financial₹25.538.81
Bank Of Baroda 04/12/2026Financial₹24.438.43
HDFC Bank Ltd. 12/03/2027Financial₹23.988.27
Punjab National Bank 09/03/2027Financial₹23.408.15
Canara Bank 26/02/2027Financial₹23.608.15
Bajaj Finance Ltd. 7.82 31/01/2034Financial₹20.687.13
Union Bank of India 27/01/2026Financial₹23.987.12
Bank Of Baroda 13/03/2026Financial₹24.116.85
Mankind Pharma Ltd. 7.97 16/11/2027Healthcare₹20.646.12
LIC Housing Finance Ltd. 7.72 12/02/2026Financial₹15.714.48

Frequently Asked Questions

Common questions about this fund, answered from scheme data

The latest Net Asset Value (NAV) of Franklin India Floating Interest Rates Fund is ₹43.65 as of 2026-08-24.

The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.