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:
|Franklin India Floating Rate-G||1.01||-0.06||0.14||0.04||0.19||1.01||2.69||4.69||5.45||5.63||5.99|
|CCIL T Bill Liquidity Weight||0.91||0.05||0.07||0.27||0.34||0.91||1.99||2.70||3.31||3.68||4.25|
|Rank within category||7||11||7||10||6||7||8||7||5||5||5|
|Number of funds in category||12||12||12||12||12||12||10||7||5||5||5|
As on 01-Jul-2022
|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||2.69||4.69||5.45||0.98%||317|
|HDFC Floating Rate Debt Fund | Invest Online||Oct-07||3.09||6.16||6.61||0.48%||18,174|
|ICICI Prudential Floating Interest Fund | Invest Now||Nov-05||1.86||5.83||6.15||1.33%||15,667|
|Aditya Birla Sun Life Floating Rate Fund - Retail Plan | Invest Online||Jun-03||3.69||6.08||6.63||0.28%||14,069|
|Aditya Birla Sun Life Floating Rate Fund | Invest Online||Mar-09||3.69||6.08||6.63||0.48%||14,069|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||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||0.16||30-Mar-2022 - 29-Jun-2022|
|Year||7.80||05-Mar-2019 - 04-Mar-2020||2.46||19-May-2009 - 19-May-2010|
|Franklin India Floating Rate-G||4.64||0.92||1.25||2.17||0.71||1.75|
|CCIL T Bill Liquidity Weight||2.65||0.36||-2.33||-4.59||--||--|
|Rank within category||7||1||6||6||1||7|
|Number of funds in category||7||7||7||7||7||7|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Jun-2022
|Fund||1Y High||1Y Low||Category|
|Number of Securities||14||16||13||73|
|Modified Duration (yrs)||0.74||0.74||0.48||1.02|
|Average Maturity (yrs)||3.25||4.27||2.74||2.26|
|Yield to Maturity (%)||5.65||5.65||4.32||6.01|
|Avg Credit Rating||AAA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|6.51% GOI 2024||GOI Securities||SOV||17.02 - 23.39||23.39|
|GOI 2031||GOI Securities||SOV||7.45 - 9.57||9.42|
|Aditya Birla Housing Finance 17/02/2023||Debenture||AAA||6.19 - 8.03||7.87|
|5.35% LIC Housing Fin. 20/03/2023||Debenture||AAA||0.00 - 7.82||7.82|
|Bajaj Finance 91-D 26/08/2022||Commercial Paper||A1+||0.00 - 7.78||7.78|
|Axis Bank 2022||Certificate of Deposit||A1+||0.00 - 7.65||7.65|
|GOI 2028||GOI Securities||SOV||0.00 - 6.20||6.20|
|6.70% National Bank Agr. Rur. Devp 2022||Debenture||AAA||4.51 - 8.17||4.74|
|GOI 22/09/2033||GOI Securities Floating Rate Bond||SOV||3.18 - 16.90||4.67|
|5.63% GOI 2026||GOI Securities||SOV||0.00 - 4.61||4.50|
|5.74% GOI 15/11/2026||GOI Securities||SOV||0.00 - 4.48||4.48|
|JM Financial Credit Solutions 23/07/2024||Debenture||AA||2.49 - 3.17||3.15|
|9.00% Indostar Capital Finance 2023||Debenture||AA-||2.45 - 3.21||3.14|
|4.45% GOI 30/10/2034||GOI Securities||SOV||0.00 - 4.05||1.52|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-May-2022
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.
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.
|Min. Investment (₹)||1,000|
|Min. Addl Investment (₹)||1,000|
|Min. SIP Investment (₹)||500|
|Min. No of Cheques||12|
|Min. Withdrawal (₹)||1,000|
|Min. Balance (₹)||1,000|
|Lock-in Period||Not Applicable|
|Fund House:||Franklin Templeton Mutual Fund|
|Return Since Launch:||5.72%|
|Benchmark:||CRISIL Low Duration Debt|
|Riskometer:||Low to Moderate|
|Assets:||₹ 317 Cr (As on 31-May-2022)|
|Expense:||0.98% (As on 31-May-2022)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Franklin Templeton Asset Management India Private Ltd
Address: Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211 Free Press Journal Marg, Nariman Point Mumbai - 400013
Phone: 1800-425-4255 / 60004255
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Email: [email protected]