Franklin India Floating Rate Fund
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.
Growthvine rating: 1/5 — ranked #11 of 12 in category.
Fund basics
| Category | Debt: Floater |
|---|---|
| NAV | ₹43.63 (as of 2026-08-21) |
| AUM | ₹290 Cr |
| Expense ratio | 0.82% |
| Riskometer | Low to Moderate |
| Fund manager | Pallab Roy |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.45% |
|---|---|
| Sharpe ratio | 1.35 |
| Standard deviation | 1.13% |
| Max drawdown | -1.33% |
| Alpha | 0 |
| Beta | 0 |
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.8% | Q2 | #4 of 12 |
| 2025 | 7.9% | Q1 (Top) | #3 of 12 |
| 2024 | 8.1% | Q3 | #7 of 12 |
| 2023 | 7.4% | Q2 | #6 of 12 |
| 2022 | 4.2% | Q3 | #7 of 12 |