• Mutual Funds
  • Franklin Templeton Mutual Funds
  • Franklin India Floating Rate fund (Growth)

Formerly Franklin India Cash Mgmt Gr

Franklin Templeton Mutual Funds

Franklin India Floating Rate fund (Growth)

DebtFloater

36.4617

NAV (Mar 01)

5.2%
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.

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

Rolling Returns

Poor

The performance of the fund on a Rolling Returns metric has been Poor

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

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

36.4617

NAV (Mar 1)

Fund Returns

Last 1Y
7.6%
Last 3Y
5.2%
Last 5Y
5.7%
Last 10Y
6%
Since Inception
5.8%
6 Month CAGR
3.4%

Scheme Information

Investment Objective

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.

Expense Ratio
0.96
Launched (23y ago)
Apr 23, 2001
AUM in Crores
320.057
ISIN
INF090I01LM7
Lock-in
No Lock-in
Benchmark
Crisil Low Duration Debt TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.7
Standard Deviation (5yr)
0.8
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.168
Sharpe Ratio (5yr)
0.627
YTM
7.68
Fund Managers

Sandeep Manam

Fund Manager

Umesh Sharma

Fund Manager

Pallab Roy

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Franklin India Floating Rate fund (Growth)70%8,40,245 1,07,6335.7%
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 2024-03-01

Top Debt Holdings

8.25% govt stock 2033

31.9%
31.9%

7.69% govt stock 2028

23%
23%

8.12% govt stock 2031

9.9%
9.9%

national bank for agriculture and rural development

7.9%
7.9%

rec limited

7.9%
7.9%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 45,939 cr

₹ 16,101 cr

₹ 13,073 cr

₹ 12,851 cr

₹ 10,720 cr

About the AMC

Franklin Templeton Asst Mgmt(IND)Pvt Ltd

Franklin Templeton Asst Mgmt(IND)Pvt Ltd manages assets worth 91,578 crores and was set up on 6 October 1995. It's current offering of mutual fund schemes includes 39 equity,207 debt and 30 hybrid funds.amc-img
022-67519100
services@franklintempleton.com
Fund NameScripbox Opinion
Till Date CAGR

7.8%

16.6%

7.8%

16.6%

7.8%

16.6%

25.9%

16.9%

26.4%

15.4%

Franklin India Floating Rate fund (G) Review

Franklin India Floating Rate fund (G) is a Floater Debt fund and has delivered an annualised return of 5.8% over a period of 22 years. The fund was previously known as Franklin India Cash Mgmt Gr. The fund is managed by Franklin Templeton Asst Mgmt(IND)Pvt Ltd. The fund managers are Pallab Roy, Sandeep Manam, Umesh Sharma.

Nav of Franklin India Floating Rate fund (G) as of 3/1/2024 is ₹36.46 with the total AUM as of 3/3/2024 is ₹320.057. With Scripbox you can compare and check the latest nav for all mutual funds in India. Franklin India Floating Rate fund (G) was launched on Apr 23, 2001. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Franklin India Floating Rate fund (G) 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 (G) 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 Crisil Low Duration Debt TR INR.

Franklin India Floating Rate fund (G) is rated as a 1 fund in Debt and delivered 7.6% 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 (G).

Frequently Asked Questions

What is Franklin India Floating Rate fund (G)?

Franklin India Floating Rate fund (G) 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 (G)?

You can invest in Franklin India Floating Rate fund (G) 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 (G)?

The minimum sip amount for Franklin India Floating Rate fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Franklin India Floating Rate fund (G) good to invest in?

As per Scripbox experts, Franklin India Floating Rate fund (G) is a Not Recommended fund. You can investFranklin India Floating Rate fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Franklin India Floating Rate fund (G)?

The expense ratio of the Franklin India Floating Rate fund (G) is 0.96% for regular plan.