- Mutual Funds
- Franklin Templeton Mutual Fund
- Franklin India Floating Rate Fund (IDCW-D)
Floater funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Floater Funds are mandated to invest a minimum of 65% of total assets in Floating Rate Instruments.
This is a relatively small category with a limited number of funds.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.2676
NAV (Oct 30)
Fund Returns
Last 1Y | 8.2% |
Last 3Y | 6.2% |
Last 5Y | 5.8% |
Last 10Y | 6.1% |
Since Inception | 5.9% |
6 Month CAGR | 4.2% |
Scheme Information
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.
Expense Ratio | 0.97% |
Launched 23Y ago | 2001-04-23 |
AUM in Crores | 307.4 |
ISIN | INF090I01LN5 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY Short Duration Debt Index A-II |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.9 |
Beta | 1.6 |
Sharpe Ratio | 0.3 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Franklin India Floating Rate Fund (IDCW-D) | 8,41,858 | 1,09,246 | 5.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
GOI
28.17%GOI
24.02%GOI
15.51%GOI
10.31%Others
7.42%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,523 cr | ||
₹ 10,307 cr | ||
₹ 8,029 cr | ||
₹ 14,839 cr | ||
₹ 4,610 cr |
About the AMC
Franklin Templeton Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
16.5% | 14.6% | ||
21.1% | 15.5% | ||
18% | 18.4% | ||
21.1% | 16.9% | ||
18.5% | 21.5% |
Franklin India Floating Rate Fund (IDCW-D) Review
Franklin India Floating Rate Fund (IDCW-D) is a Floater Debt fund and has delivered an annualised return of 5.9% over 23 years. The fund has grown over a period of 23 years. The fund is managed by Franklin Templeton Mutual Fund. The fund managers are Chandni Gupta, Pallab Roy, Rohan Maru, Sandeep Manam, Umesh Sharma.
Nav of Franklin India Floating Rate Fund (IDCW-D) as of 10/30/2024 is ₹10.27 with the total AUM as of 10/31/2024 is ₹307.36. With Scripbox you can compare and check the latest nav for all mutual funds in India. Franklin India Floating Rate Fund (IDCW-D) was launched on 2001-04-23. The category risk of the fund is Low to Moderate.
The minimum SIP amount for Franklin India Floating Rate Fund (IDCW-D) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Franklin India Floating Rate Fund (IDCW-D) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Short Duration Debt Index A-II.
Scripbox has rated it 1 star, indicating it's not a recommended fund in the Debt category and delivered 8.24% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Franklin India Floating Rate Fund (IDCW-D).
Frequently Asked Questions
What is Franklin India Floating Rate Fund (IDCW-D)?
How to invest in Franklin India Floating Rate Fund (IDCW-D)?
You can invest in Franklin India Floating Rate Fund (IDCW-D) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Franklin India Floating Rate Fund (IDCW-D)?
The minimum sip amount for Franklin India Floating Rate Fund (IDCW-D) is ₹1000. You can invest in multiples of ₹5000.
Is Franklin India Floating Rate Fund (IDCW-D) good to invest in?
According to Scripbox opinion, it is a 1-star fund. You can invest in this fund if its investment objective and risk level align with your goals and risk preferences.
What is the expense ratio of the Franklin India Floating Rate Fund (IDCW-D)?
The expense ratio of the Franklin India Floating Rate Fund (IDCW-D) is 0.97% for regular plan.
What is the NAV of Franklin India Floating Rate Fund (IDCW-D)?
Today's Franklin India Floating Rate Fund (IDCW-D) NAV is ₹10.27.