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  • Franklin Templeton Mutual Fund
  • Franklin India Floating Rate Fund (IDCW-D)
Franklin Templeton Mutual Funds

Franklin India Floating Rate Fund (IDCW-D)

DebtFloater

10.2676

NAV (Oct 30)

6.222%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in floater mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Category Leader

The fund has been a Category Leader on the Consistency of Credit Quality metric

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical 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

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.

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

Chandni Gupta

Fund Manager

Pallab Roy

Fund Manager

Rohan Maru

Fund Manager

Sandeep Manam

Fund Manager

Umesh Sharma

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Franklin India Floating Rate Fund (IDCW-D)70%8,41,858 1,09,2465.8%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-04-03

Top Debt Holdings

GOI

28.17%
28.173%

GOI

24.02%
24.016%

GOI

15.51%
15.505%

GOI

10.31%
10.306%

Others

7.42%
7.418%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
edelweiss
BHARAT Bond ETF FOF - April 2032 (G)

₹ 4,523 cr

₹ 10,307 cr

₹ 8,029 cr

₹ 14,839 cr

₹ 4,610 cr

amc-img

About the AMC

Franklin Templeton Mutual Fund

Franklin Templeton Investments, set up in 1987, dedicated its asset management services to institutional, retail, and high-net-worth clients. Franklin Templeton's entry into India dates back to 1996 and is set up under the name Templeton Asset Management India Pvt. Limited. amc-img
phone-img1800-425-4255 / 60004255
Fund NameScripbox 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)?

It is a Floater Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

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.