Franklin India Floating Rate Fund Direct Growth

Fund Overview

Fund Size

₹314 Cr

Expense Ratio

0.25%

ISIN

INF090I01LK1

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

Franklin India Floating Rate Fund Direct Growth is a Floating Rate mutual fund schemes offered by Franklin Templeton Mutual Fund. This fund has been in existence for 13 years, 2 months and 21 days, having been launched on 01-Jan-13.
As of 20-Mar-26, it has a Net Asset Value (NAV) of ₹46.77, Assets Under Management (AUM) of 313.92 Crores, and an expense ratio of 0.25%.

Franklin India Floating Rate Fund Direct Growth has given a CAGR return of 7.15% since inception.
The fund's asset allocation comprises around 0.00% in equities, 142.74% in debts, and -43.06% in cash & cash equivalents.
You can start investing in Franklin India Floating Rate Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+8.46%

+6.93% (Cat Avg.)

3 Years

+8.58%

+7.62% (Cat Avg.)

5 Years

+7.12%

+6.43% (Cat Avg.)

10 Years

+7.01%

+6.55% (Cat Avg.)

Since Inception

+7.15%

— (Cat Avg.)

Portfolio Summaryas of 28th February 2026

Debt	₹448.07 Cr	142.74%
Others	₹-134.15 Cr	-42.74%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cash Offsets For Shorts & Derivatives	Cash - General Offset	₹-175 Cr	55.75%
Idfc First Bank (Pay Fixed - Receive Floating)	Interest Rate Swap	₹100 Cr	31.86%
India (Republic of) 6.36%	Bond - Gov't/Treasury	₹50.26 Cr	16.01%
Standard Chartered Bank (Pay Fixed - Receive Floating)	Interest Rate Swap	₹50 Cr	15.93%
Call, Cash & Other Assets	Cash - Collateral	₹39.72 Cr	12.65%
6.90% Gs 2065	Bond - Gov't/Treasury	₹38.49 Cr	12.26%
7.02% Bihar Sgs 2030	Bond - Gov't/Treasury	₹25.97 Cr	8.27%
7.04% Karnataka Sgs 2032	Bond - Gov't/Treasury	₹25.72 Cr	8.19%
Chhattisgarh (Government of) 7.59%	Bond - Sub-sovereign Government Debt	₹25.3 Cr	8.06%
Icici Bank Ltd (Pay Fixed - Receive Floating)	Interest Rate Swap	₹25 Cr	7.96%
Jubilant Bevco Limited	Bond - Corporate Bond	₹22.91 Cr	7.30%
Jubilant Beverages Limited	Bond - Corporate Bond	₹22.07 Cr	7.03%
Goi Floating Rate Bond 2033	Bond - Gov't/Treasury	₹21.32 Cr	6.79%
Bajaj Finance Limited	Bond - Corporate Bond	₹20.32 Cr	6.47%
Poonawalla Fincorp Limited	Bond - Corporate Bond	₹10.64 Cr	3.39%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹10.08 Cr	3.21%
Corporate Debt Market Development Fund Class A2	Mutual Fund - Unspecified	₹1.03 Cr	0.33%
Margin On Irs	Cash - Collateral	₹0.09 Cr	0.03%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - General Offset	₹-175 Cr	55.75%
Interest Rate Swap	₹175 Cr	55.75%
Bond - Gov't/Treasury	₹161.76 Cr	51.53%
Bond - Corporate Bond	₹86.01 Cr	27.40%
Cash - Collateral	₹39.81 Cr	12.68%
Bond - Sub-sovereign Government Debt	₹25.3 Cr	8.06%
Mutual Fund - Unspecified	₹1.03 Cr	0.33%

Risk & Performance Ratios

Fund Managers

Pallab Roy

Since July 2010

Rohan Maru

Since October 2024

Sandeep Manam

Since October 2021

Additional Scheme Detailsas of 28th February 2026

ISIN

INF090I01LK1

Expense Ratio

0.25%

Exit Load

No Charges

Fund Size

₹314 Cr

Age

13 years 2 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Short Duration Debt A-II TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Floating Rate Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ICICI Prudential Floating Interest Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹7438.58 Cr	8.0%
Nippon India Floating Rate Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹8380.80 Cr	7.4%
UTI Floater Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹1553.68 Cr	7.1%
UTI Floater Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹1553.68 Cr	6.6%
HDFC Floating Rate Debt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹16766.06 Cr	7.2%
SBI Floating Rate Debt Fund Regular Growth Moderate Risk	0.4%	0.0%	₹693.29 Cr	7.0%
SBI Floating Rate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹693.29 Cr	7.1%
Aditya Birla Sun Life Floating Rate Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹13461.92 Cr	7.1%
Baroda BNP Paribas Floater Fund Regular Growth Moderate Risk	0.6%	0.0%	₹17.70 Cr	8.4%
Baroda BNP Paribas Floater Fund Direct Growth Moderate Risk	0.2%	0.0%	₹17.70 Cr	8.8%
Bandhan Floating Rate Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹272.37 Cr	6.7%
Bandhan Floating Rate Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹272.37 Cr	7.3%
Tata Floating Rate Fund Regular Growth Moderate Risk	0.7%	0.0%	₹139.90 Cr	7.1%
Tata Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹139.90 Cr	7.5%
Kotak Floating Rate Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3455.99 Cr	7.9%
Kotak Floating Rate Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹3455.99 Cr	7.5%
Aditya Birla Sun Life Floating Rate Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹13461.92 Cr	7.3%
Franklin India Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹313.92 Cr	8.5%
HDFC Floating Rate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹16766.06 Cr	7.4%
ICICI Prudential Floating Interest Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹7438.58 Cr	7.3%
Nippon India Floating Rate Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹8380.80 Cr	7.1%
Franklin India Floating Rate Fund Regular Growth Moderate Risk	0.9%	0.0%	₹313.92 Cr	7.7%
Axis Floater Fund Regular Growth Moderate Risk	0.5%	0.0%	₹152.68 Cr	6.2%
Axis Floater Fund Direct Growth Moderate Risk	0.2%	0.0%	₹152.68 Cr	6.6%
DSP Floater Fund Regular Growth Moderate Risk	0.5%	0.0%	₹406.85 Cr	6.6%
DSP Floater Fund Direct Growth Moderate Risk	0.3%	0.0%	₹406.85 Cr	6.9%

About the AMC

Franklin Templeton Mutual Fund

+91 22 6751 9100

https://www.franklintempletonindia.com/

Total AUM

₹1,26,890 Cr

Address

Indiabulls Finance Centre; Tower 2, 12th and 13th Floor, Mumbai, 400 013

Other Funds by Franklin Templeton Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Franklin India Multi-Factor Fund Direct Growth Very High Risk	0.7%	0.0%	₹520.66 Cr	-
Franklin India Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	0.0%	₹2728.05 Cr	-
Franklin India Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹399.48 Cr	7.8%
Franklin India Long Duration Fund Direct Growth Moderately High risk	0.3%	0.0%	₹13.34 Cr	4.1%
Franklin India Arbitrage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹794.42 Cr	7.2%
Franklin India Medium to Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹48.89 Cr	6.2%
Franklin India Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹282.95 Cr	7.1%
Franklin India Multi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹4863.89 Cr	3.9%
Franklin India Multi-Asset Solution Fund of Funds Direct Growth Moderate Risk	0.2%	0.0%	₹119.71 Cr	11.9%
Franklin India Equity Savings Fund Direct Growth Moderate Risk	0.4%	0.0%	₹675.46 Cr	5.5%
Franklin India Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹758.37 Cr	5.5%
Franklin India Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹313.92 Cr	8.5%
Franklin India Credit Risk Fund Direct Growth High Risk	-	3.0%	₹104.00 Cr	7.5%
Franklin India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹4351.86 Cr	7.1%
Templeton India Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹2256.74 Cr	3.5%
Templeton India Equity Income Fund Direct Growth Very High Risk	1.2%	1.0%	₹2409.16 Cr	0.5%
Franklin India Government Securities Direct Growth Low to Moderate Risk	0.6%	0.0%	₹175.48 Cr	4.9%
Franklin India Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1350.07 Cr	9.1%
Franklin India Pension Plan Direct Growth Moderately High risk	1.6%	3.0%	₹508.16 Cr	2.8%
Franklin India Short Term Income Plan Direct Growth Moderate Risk	-	0.0%	₹12.51 Cr	6.6%
Franklin Asian Equity Fund Direct Growth Very High Risk	1.6%	1.0%	₹426.90 Cr	29.2%
Franklin India Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹8428.48 Cr	3.9%
Franklin Build India Direct Growth Very High Risk	0.9%	1.0%	₹3173.61 Cr	8.6%
Franklin India Bluechip Fund Direct Growth Very High Risk	1.1%	1.0%	₹7580.19 Cr	2.5%
Franklin India Flexi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹19597.86 Cr	0.2%
Franklin India Prima Fund Direct Growth Very High Risk	1.0%	1.0%	₹12327.87 Cr	1.1%
Franklin India Equity Advantage Fund Direct Growth Very High Risk	1.3%	1.0%	₹3463.62 Cr	2.4%
Franklin India Smaller Companies Fund Direct Growth Very High Risk	0.9%	1.0%	₹12934.43 Cr	0.9%
Franklin India Focused Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹12129.35 Cr	-0.4%
Franklin India Taxshield Fund Direct Growth Very High Risk	1.1%	0.0%	₹6406.52 Cr	-1.1%
Franklin India Technology Fund Direct Growth Very High Risk	1.1%	1.0%	₹1670.19 Cr	-7.8%
Franklin India Equity Hybrid Fund Direct Growth Very High Risk	0.9%	1.0%	₹2349.87 Cr	1.1%
Franklin India Dynamic Asset Allo FOF Direct Growth Moderately High risk	0.5%	1.0%	₹1274.33 Cr	2.9%
Franklin India NSE Nifty 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹764.57 Cr	0.6%
Franklin India Feeder - Franklin U.S. Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹4461.84 Cr	14.7%
Franklin India Debt Hybrid Fund Direct Growth Moderately High risk	0.7%	0.0%	₹196.54 Cr	4.4%
Franklin India Feeder - Templeton European Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹18.41 Cr	13.1%
Franklin India Short Term Income Plan Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹164.26 Cr	309.1%
Franklin India Income Opportunities Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹45.54 Cr	309.1%
Franklin India Low Duration Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹47.42 Cr	308.8%
Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth Low Risk	-	0.0%	₹29.52 Cr	309.0%
Franklin India Credit Risk Fund Segregated Portfolio 2 Direct Growth Very High Risk	-	0.0%	₹105.84 Cr	309.1%
Franklin India Debt Hybrid Fund Segregated Portfolio 1 Direct Growth Moderately High risk	0.7%	0.0%	-	-
Franklin India Short Term Income Plan Segregated Portfolio 3 Direct Growth Very High Risk	-	0.0%	-	-
Franklin India Balanced Advantage Fund Direct Growth High Risk	0.5%	1.0%	₹2859.98 Cr	2.5%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹479.38 Cr	7.7%

Risk Level

Your principal amount will be at Moderate Risk

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What is the current NAV of Franklin India Floating Rate Fund Direct Growth?

The NAV of Franklin India Floating Rate Fund Direct Growth, as of 20-Mar-2026, is ₹46.77.

What are the returns of Franklin India Floating Rate Fund Direct Growth?

The fund has generated 8.46% over the last 1 year and 8.58% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Franklin India Floating Rate Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 142.74% in bonds, and -43.06% in cash and cash equivalents.

Who manages the Franklin India Floating Rate Fund Direct Growth?

The fund managers responsible for Franklin India Floating Rate Fund Direct Growth are:-

Pallab Roy
Rohan Maru
Sandeep Manam

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Franklin India Floating Rate Fund Direct Growth

Fund Overview