1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
This is a fund that invests mainly in bonds whose rate of interest keeps changing with the prevailing interest rates in the economy. Given their investment mandate, such funds are usually less volatile in response to changing interest rates.
They can be a viable option for the fixed-income allocation in your portfolio. However, we believe that retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
Taxability of earnings:
|CCIL T Bill Liquidity Weight||2.98||0.02||0.04||0.21||0.63||1.18||3.20||3.90||4.12||4.53||4.75|
|Rank within category||7||8||8||7||6||7||7||5||5||5||5|
|Number of funds in category||7||8||8||7||7||7||7||5||5||5||5|
As on 27-Nov-2020
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Franklin India Floating Rate Fund | Invest Online Now||Apr-01||5.85||6.72||6.48||0.95||169|
|HDFC Floating Rate Debt Fund | Invest Online||Oct-07||9.00||8.19||8.15||0.48||14,534|
|Nippon India Floating Rate Fund | Invest Online||Aug-04||11.33||8.48||8.22||0.57||14,461|
|ICICI Prudential Floating Interest Fund | Invest Now||Nov-05||9.09||7.95||7.96||1.31||10,965|
|Aditya Birla Sun Life Floating Rate Fund | Invest Online||Mar-09||8.61||8.23||8.29||0.39||7,160|
|Best (Period)||Worst (Period)|
|Week||1.24 (24-Mar-2020 - 31-Mar-2020)||-0.93 (12-Mar-2020 - 19-Mar-2020)|
|Month||1.47 (24-Mar-2020 - 23-Apr-2020)||-1.08 (25-Feb-2020 - 26-Mar-2020)|
|Quarter||2.60 (24-Mar-2020 - 24-Jun-2020)||0.27 (24-Dec-2019 - 24-Mar-2020)|
|Year||7.80 (05-Mar-2019 - 04-Mar-2020)||2.46 (19-May-2009 - 19-May-2010)|
|CCIL T Bill Liquidity Weight||3.89||0.32||-3.35||-6.53||--||--|
|Rank within category||5||1||3||5||2||5|
|Number of funds in category||5||5||5||5||5||5|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Oct-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||9||20||8||100|
|Modified Duration (yrs)||1.22||1.94||0.64||1.57|
|Average Maturity (yrs)||1.75||2.37||0.83||1.98|
|Yield to Maturity (%)||5.26||7.87||5.26||4.55|
|Avg Credit Rating||AAA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|8.15% GOI 21/12/2020||GOI Securities Floating Rate Bond||SOV||0.00 - 30.00||17.71|
|Aditya Birla Housing Finance 17/02/2023||Debenture||AAA||0.00 - 15.84||15.14|
|HDB Financial Services 2021||Debenture||AAA||4.99 - 15.45||14.83|
|Rabo Bank India 27/11/2020||Certificate of Deposit||A1+||4.51 - 14.15||13.57|
|5.22% GOI 15/06/2025||GOI Securities||SOV||0.00 - 11.83||11.83|
|JM Financial Credit Solutions 23/07/2024||Debenture||AA||2.09 - 6.16||5.93|
|9.00% Indostar Capital Finance 2023||Debenture||AA-||2.09 - 6.09||5.87|
|6.84% GOI 19/12/2022||GOI Securities||SOV||0.00 - 3.11||3.11|
|5.77% GOI 2030||GOI Securities||SOV||0.00 - 6.04||2.93|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Oct-2020
Education: Mr. Roy is a M.Com and MBA (Finance).
Experience: He has been associated with Franklin Templeton Investments since 2001.
Education: Mr. Sharma is a B.Com (H), CS and CA.
Experience: Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
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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.
|Minimum Investment (₹)||1,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||1,000|
|Minimum Balance (₹)||1,000|
|Fund House:||Franklin Templeton Mutual Fund|
|Return Since Launch:||5.94%|
|Benchmark:||CRISIL Liquid TRI|
|Assets:||₹ 169 Cr (As on 31-Oct-2020)|
|Expense:||0.95% (As on 31-Oct-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Franklin Templeton Asset Management India Private Ltd
Address: Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West) Mumbai - 400013
Phone: 1800-425-4255 / 60004255
Email: [email protected]
Registrar & Transfer Agent: Franklin Templeton Asset Management (India) Pvt. Ltd.
Address: Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi Chennai - 600096