Franklin India Floating Rate Fund-Direct (IDCW-D)


Floater Fund
  • NAV 10.08 (0%)
  • Fund Size (Cr) ₹363.84
  • Expense Ratio 0.29
  • Scheme Type Active Fund
  • Value Research
  • Minimum investment ₹1000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹100
  • Minimum Withdrawal ₹1000
  • Exit Load 0%
  • Return Since Launch 6.56%

Basic Details

Scheme Manager
Pallab Roy
Bench Mark
CRISIL Low Duration Debt Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 22-Nov-23
  • 10010.10
  • 0.10%
  • -
  • 0.08%
  • 79/106
  • 1 Month
  • 27-Oct-23
  • 10063.64
  • 0.64%
  • -
  • 0.64%
  • 24/106
  • 3 Month
  • 29-Aug-23
  • 10175.76
  • 1.76%
  • -
  • 1.61%
  • 12/106
  • 6 Month
  • 29-May-23
  • 10388.92
  • 3.89%
  • -
  • 3.52%
  • 23/106
  • 1 Year
  • 29-Nov-22
  • 10779.63
  • 7.80%
  • 7.80%
  • 7.24%
  • 12/101
  • 3 Year
  • 27-Nov-20
  • 11691.17
  • 16.91%
  • 5.35%
  • 5.22%
  • 21/60
  • 5 Year
  • 29-Nov-18
  • 13435.94
  • 34.36%
  • 6.08%
  • 6.79%
  • 43/50
  • Since Inception
  • 31-Dec-12
  • 20014.70
  • 100.15%
  • 6.56%
  • 6.25%
  • 43/106

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Dec-22
  • 120000
  • 239125.93
  • 99.27%
  • 99.27%
  • 3 Year
  • 01-Dec-20
  • 360000
  • 717895.44
  • 99.42%
  • 25.87%
  • 5 Year
  • 03-Dec-18
  • 600000
  • 1197390.60
  • 99.57%
  • 14.82%
  • 10 Year
  • 01-Dec-13
  • 1200000
  • 2397859.48
  • 99.82%
  • 7.17%

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment Type

  • Monthly Investment

  • Expected Returns Rate

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  • Time Period

    yrs

Total of your Investment will be

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Returns
  • Invested Amount

    0
  • Estimated Returns

    0
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  • Investment Type

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Total of your Investment will be

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Risk Ratios

  • Standard Deviation
    0.24%
  • Beta
    0.02%
  • Sharpe Ratio
    6.41%
  • Treynor’s Ratio
    20.21%
  • Jension’s Alpha
    4.94%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • JM Finan. Credit
  • 2.72%
  • 100
  • 10.11
  • Corporate Debts
  • Debt Others
  • GSEC2033
  • 24.84%
  • 9000000
  • 92.19
  • Govt. Securities
  • Govt. Securities
  • GSEC2028
  • 23.01%
  • 8500000
  • 85.40
  • Govt. Securities
  • Govt. Securities
  • GSEC2031
  • 8.39%
  • 3000000
  • 31.14
  • Govt. Securities
  • Govt. Securities
  • GSEC2027
  • 5.58%
  • 2000000
  • 20.71
  • Govt. Securities
  • Govt. Securities
  • GSEC2033
  • 5.47%
  • 2000000
  • 20.30
  • Govt. Securities
  • Govt. Securities
  • GSEC2034
  • 1.35%
  • 500000
  • 5.00
  • Govt. Securities
  • Govt. Securities
  • TBILL-182D
  • 6.57%
  • 2500000
  • 24.37
  • T Bills
  • T Bills
  • Kotak Securities
  • 6.74%
  • 500
  • 24.99
  • Commercial Paper
  • Debt Others
  • Net CA & Others
  • 8.52%
  • 0
  • 31.61
  • Net CA & Others
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Franklin India Floating Rate Fund-Direct (IDCW-D)
  • 363.84
  • 0.64%
  • 1.76%
  • 3.89%
  • 7.80%
  • 5.35%
  • ICICI Pru Floating Interest Fund-Direct (IDCW-W)
  • 11181.51
  • 0.46%
  • 2.42%
  • 4.86%
  • 9.49%
  • 6.66%
  • Aditya Birla SL Floating Rate Fund-Direct (IDCW-W)
  • 13078.62
  • 2.26%
  • 3.96%
  • 5.96%
  • 8.75%
  • 5.78%
  • ICICI Pru Floating Interest Fund-Direct (IDCW-D)
  • 11181.51
  • 0.54%
  • 1.72%
  • 4.37%
  • 8.14%
  • 6.70%
  • ICICI Pru Floating Interest Fund-Direct(IDCW-Othr)
  • 11181.51
  • 0.55%
  • 1.67%
  • 4.29%
  • 8.13%
  • 6.04%
  • ICICI Pru Floating Interest Fund-Direct (G)
  • 11181.51
  • 0.55%
  • 1.67%
  • 4.29%
  • 8.13%
  • 6.04%

News

  • Franklin Templeton MF Announces change in fund manager under Ten schemes Franklin Templeton Mutual Fund has announced that Mr. Anand Radhakrishnan has been appointed as the Chief Investment Officer ?Equity of Franklin Templeton Asset Management (India) Pvt. Ltd. and fund manager with effect from December 01, 2023:

    Change in Fund Manager:

    Name of the Scheme Existing Fund Managers New Fund Manager(s)
    Franklin India Flexi Cap Fund Anand Radhakrishnan, R. Janakiraman, Sandeep Manam* R. Janakiraman, Rajasa Kakulavarapu, Sandeep Manam*
    Franklin India Taxshield Anand Radhakrishnan, R. Janakiraman R. Janakiraman, Rajasa Kakulavarapu
    Franklin India Bluechip Fund Venkatesh Sanjeevi, R. Janakiraman, Anand Radhakrishnan, Sandeep Manam* Venkatesh Sanjeevi, Ajay Argal, Sandeep Manam*
    Templeton India Value Fund Anand Radhakrishnan, Rajasa Kakulavarapu Ajay Argal, Rajasa Kakulavarapu
    Templeton India Equity Income Fund Anand Radhakrishnan, Rajasa Kakulavarapu, Sandeep Manam* Rajasa Kakulavarapu, Ajay Argal, Sandeep Manam*
    Franklin India Technology Fund Varun Sharma, Anand Radhakrishnan, Sandeep Manam* Varun Sharma, R. Janakiraman, Sandeep Manam*
    Franklin India Debt Hybrid Fund Debt: Sachin Padwal-Desai, & Rahul Goswami, Equity: Rajasa Kakulavarapu, Anand Radhakrishnan & Varun Sharma Sandeep Manam* Debt: Rahul, Goswami Equity: Rajasa Kakulavarapu, & Varun Sharma, Sandeep Manam*
    Franklin India Equity Savings Fund Equity: Rajasa Kakulavarapu, Anand Radhakrishnan, & Varun Sharma Debt: Sachin Padwal-Desai, & Umesh Sharma, Sandeep Manam* Equity: Rajasa Kakulavarapu, & Varun Sharma Debt: Umesh Sharma, Sandeep Manam*
    Franklin India Equity Hybrid Fund Equity: Rajasa Kakulavarapu, Anand Radhakrishnan, & Varun Sharma Debt: Sachin Padwal-Desai, & Umesh Sharma, Sandeep Manam* Equity: Rajasa Kakulavarapu, & Varun Sharma Debt: Umesh Sharma, Sandeep Manam*
    Franklin India Pension Plan Debt: Sachin Padwal-Desai, & Umesh Sharma Equity: Rajasa Kakulavarapu, Anand Radhakrishnan, & Varun Sharma Debt: Umesh Sharma Equity: Rajasa Kakulavarapu, & Varun Sharma

    Powered by Capital Market - Live News

  • Franklin Templeton MF Announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes Franklin Templeton Mutual Fund has announced 21 November 2023 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    Franklin India Equity Savings Fund ? Monthly IDCW Option: 0.045

    Franklin India Equity Savings Fund ? Direct ? Monthly IDCW Option: 0.075

    Franklin India Equity Savings Fund ? Quarterly IDCW Option: 0.185

    Franklin India Equity Savings Fund ? Direct ? Quarterly IDCW Option: 0.185

    Franklin India Debt Hybrid Fund ? Monthly IDCW Option: 0.085

    Franklin India Debt Hybrid Fund ? Direct ? Monthly IDCW Option: 0.095

    Franklin Asian Equity Fund ? IDCW Option: 0.350

    Franklin Asian Equity Fund ? Direct ? IDCW Option: 0.650

    Powered by Capital Market - Live News

  • Franklin Templeton MF Announces Appointment of new Co-Fund Manager under its schemes Franklin Templeton Mutual Fund has announced change in fund managers under the following schemes, with effect from 10 November 2023.

    Change in Fund Management Responsibilities:

    Name of the Scheme Existing Fund Managers Revised Fund Managers
    Franklin India Balanced Advantage Fund Varun Sharma, Rajasa Kakulavarapu, Sachin Padwal-Desai and Umesh Sharma Varun Sharma, Rajasa Kakulavarapu, Sachin Padwal-Desai, Umesh Sharma and Rahul Goswami
    Franklin India Debt Hybrid Fund Varun Sharma, Rajasa Kakulavarapu, Sachin Padwal-Desai and Anand Radhakrishnan Varun Sharma, Rajasa Kakulavarapu, Sachin Padwal-Desai, Anand Radhakrishnan and Rahul Goswami

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 31-Dec-2012
  • Total AUM (Cr) ₹371.11

Franklin India Floating Rate Fund-Direct (IDCW-D) is an Floater Fund-oriented fund from the renowned AMC, Franklin Templeton Mutual Fund. Launched in Dec 2012, this fund is managed by Pallab Roy. With assets under management (AUM) worth ₹371.11 (Cr), as of 30-Nov-2023, Franklin India Floating Rate Fund-Direct (IDCW-D) is categorized as a Floater Fund within its segment. The fund has generated a return of 6.56% since its launch.
The current NAV of Franklin India Floating Rate Fund-Direct (IDCW-D) is ₹10.08, as on 30-Nov-2023. The fund’s benchmark index is CRISIL Low Duration Debt Index. You can invest in Franklin India Floating Rate Fund-Direct (IDCW-D) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹1000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 5.35% and 6.08% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 91.27% in Debt and 8.73% in cash and cash equivalents

FAQs on Franklin India Floating Rate Fund-Direct (IDCW-D)

Franklin India Floating Rate Fund-Direct (IDCW-D) is a popular fund in the Floater Fund segment. The fund has generated a return of 6.56% since inception. Looking to invest in Franklin India Floating Rate Fund-Direct (IDCW-D)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Franklin India Floating Rate Fund-Direct (IDCW-D) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Franklin India Floating Rate Fund-Direct (IDCW-D)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Franklin India Floating Rate Fund-Direct (IDCW-D) today and reap the benefits of this Floater Fund fund!

In the short term, i.e., 1 year, Franklin India Floating Rate Fund-Direct (IDCW-D) has generated annualised return of 7.80%. In the long-term, the fund has generated 5.35% and 6.08% in 3 and 5 years respectively. Since its inception, the fund has generated 6.56% returns.

The expense ratio of Franklin India Floating Rate Fund-Direct (IDCW-D) Direct Growth is 0.29%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Franklin India Floating Rate Fund-Direct (IDCW-D) is ₹371.11 (Cr) as of 30 November 2023. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Franklin India Floating Rate Fund-Direct (IDCW-D) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Franklin India Floating Rate Fund-Direct (IDCW-D):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Franklin India Floating Rate Fund-Direct (IDCW-D)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Franklin India Floating Rate Fund-Direct (IDCW-D). Minimum lumpsum investment Franklin India Floating Rate Fund-Direct (IDCW-D) is ₹1000 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Franklin India Floating Rate Fund-Direct (IDCW-D) is ₹10.08 as on 30 November 2023.

The 5 biggest stock holdings of Franklin India Floating Rate Fund-Direct (IDCW-D) are:
JM Finan. Credit (2.72%), GSEC2033 (24.84%), GSEC2028 (23.01%), GSEC2031 (8.39%), GSEC2027 (5.58%)

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