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.
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.
Franklin India Floating Interest Rates Fund is classified as a Floater fund.
The Assets Under Management (AUM) of Franklin India Floating Interest Rates Fund is ₹289.91 Cr.
The expense ratio of Franklin India Floating Interest Rates Fund is 0.95%.
Franklin India Floating Interest Rates Fund is managed by Rohan Maru.
The minimum SIP investment for Franklin India Floating Interest Rates Fund is ₹500.
As per the SEBI Riskometer, Franklin India Floating Interest Rates Fund carries a Moderate risk level.
Franklin India Floating Interest Rates Fund has delivered 5.94% (1Y), 7.41% (3Y) and 6.42% (5Y) annualised returns as of 2026-08-24.
Franklin India Floating Interest Rates Fund was launched on 1996-02-19.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
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.