{"id":232465,"date":"2026-09-05T14:59:27","date_gmt":"2026-09-05T09:29:27","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/"},"modified":"2026-09-05T14:59:27","modified_gmt":"2026-09-05T09:29:27","slug":"franklin-india-floating-interest-rates-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/","title":{"rendered":"Franklin India Floating Interest Rates Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-floating-interest-rates-fund-g-direct-plan\">Franklin India Floating Interest Rates Fund Direct Growth Plan<\/a> currently has a NAV of \u20b948.1245 as of 04 Sep 2026 and a scheme AUM of \u20b9281 Cr. Its 1-year, 3-year and 5-year returns are 6.96%, 8.19% and 7.18%, and the scheme is placed in the Medium Risk bucket. Our view is that this is a conservative-style debt fund with a steady longer-run track record rather than a high-octane return story.<\/p>\n<p>The fund\u2019s return pattern is fairly balanced across shorter and longer windows, while the portfolio is built around government securities, CDs and short-dated debt. That mix may help keep day-to-day swings contained, although the benchmark comparison suggests the fund has generally behaved better than NIFTY 50 over the same periods.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Franklin_India_Floating_Interest_Rates\" title=\"Should you BUY or HOLD Franklin India Floating Interest Rates?\">Should you BUY or HOLD Franklin India Floating Interest Rates?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-floating-interest-rates-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b948.1245 as of 04 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9281 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.24%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>31 Dec 2012<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load after holding period<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Pallab Roy, Rohan Maru<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Pallab Roy and Rohan Maru.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.46%<\/td>\n<td>-2.95%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.06%<\/td>\n<td>2.27%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.96%<\/td>\n<td>-4.43%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>8.19%<\/td>\n<td>5.88%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>7.18%<\/td>\n<td>6.29%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The short-term pattern is constructive. Over 1 month and 1 year, the fund stayed positive, while the benchmark moved lower over 1 year and remained weaker over 1 month. That tells us the fund has held up better than NIFTY 50 in a choppier stretch, even though the 3-month comparison is fairly close.<\/p>\n<p>The 3-year return of 8.19% is ahead of the benchmark\u2019s 5.88%, and the 5-year return of 7.18% also sits above the benchmark\u2019s 6.29%. That matters because it suggests the fund has done more than just protect capital in the recent period; it has also compounded at a better pace over longer windows than the benchmark used here.<\/p>\n<p>At the same time, the path has not been perfectly smooth. The movement in the recent 1-year and 3-year periods shows a few softer patches and recoveries, which is typical of a debt fund that still carries interest-rate and credit allocation effects. Our read is that the fund\u2019s longer-run compounding is more important than any one short burst, and that longer-run picture remains stable rather than dramatic.<\/p>\n<p>In practical terms, this is the kind of profile that may suit investors who want measured debt exposure with a reasonable chance of keeping pace over time, rather than chasing sharp short-term spikes.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Franklin_India_Floating_Interest_Rates\"><\/span>Should you BUY or HOLD Franklin India Floating Interest Rates?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Franklin India Floating Interest Rates? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-floating-interest-rates-fund-g-direct-plan\">Axis Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>7.71%<\/td>\n<td>8.42%<\/td>\n<td>7.23%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-floating-interest-rates-fund-g-direct-plan\">Bandhan Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>7.07%<\/td>\n<td>7.92%<\/td>\n<td>6.79%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-floating-interest-rates-fund-g-direct-plan\">ICICI Pru Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>7.01%<\/td>\n<td>7.97%<\/td>\n<td>7.1%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-floating-interest-rates-fund-g-direct-plan\">Franklin India Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>6.96%<\/td>\n<td>8.19%<\/td>\n<td>7.18%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-floating-interest-rates-fund-g-direct-plan\">Tata Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>6.75%<\/td>\n<td>7.51%<\/td>\n<td>6.75%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The fund trails the strongest 1-year peer figure in this set, but the gap is not large. On the longer windows, its 3-year return is ahead of every peer shown here, and its 5-year return also stands comfortably above most of them.<\/p>\n<p>That mix tells us the recent period has been slightly softer than the best peer numbers, while the longer-term record remains sturdier. For an investor comparing debt funds on consistency, the 3-year and 5-year numbers matter more than a one-period finish, and on that basis the fund looks competitive rather than stretched.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>7.31% Karnataka SDL (04-Sep-2033)<\/td>\n<td>Government Securities<\/td>\n<td>9.16%<\/td>\n<\/tr>\n<tr>\n<td>7.33% Maharashtra SDL (04-Mar-2034)<\/td>\n<td>Government Securities<\/td>\n<td>9.13%<\/td>\n<\/tr>\n<tr>\n<td>7.64% REC Ltd (30-Apr-2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>9.12%<\/td>\n<\/tr>\n<tr>\n<td>7.59% Chhattisgarh SDL (11-Feb-2036)<\/td>\n<td>Government Securities<\/td>\n<td>8.85%<\/td>\n<\/tr>\n<tr>\n<td>Bank of Baroda (04-Dec-2026)<\/td>\n<td>Certificate of Deposit<\/td>\n<td>8.74%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Ltd (12-Mar-2027)<\/td>\n<td>Certificate of Deposit<\/td>\n<td>8.58%<\/td>\n<\/tr>\n<tr>\n<td>National Bank for Agriculture &amp; Rural Development (17-Mar-2027)<\/td>\n<td>Certificate of Deposit<\/td>\n<td>8.57%<\/td>\n<\/tr>\n<tr>\n<td>0.00% Jubilant Beverages Ltd (31-May-2028) **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.09%<\/td>\n<\/tr>\n<tr>\n<td>0.00% Jubilant Bevco Ltd (31-May-2028) **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.03%<\/td>\n<\/tr>\n<tr>\n<td>7.82% Bajaj Finance Ltd (31-Jan-2034) **<\/td>\n<td>Corporate Debt<\/td>\n<td>7.41%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is 7.31% Karnataka SDL (04-Sep-2033) at 9.16%, so no single position dominates the portfolio. The tenth holding is 7.82% Bajaj Finance Ltd (31-Jan-2034) ** at 7.41%, which means the drop from the largest position to the tenth is moderate rather than steep.<\/p>\n<p>The top 10 holdings together account for approximately 85.68% of the portfolio, so the disclosed book is fairly concentrated in a small set of positions even though the holdings themselves are split across government securities, certificate of deposit and corporate debt names. Because the total disclosed holding count is 15, there is also a longer tail beyond the largest names, which may provide some diversification beyond the visible core.<\/p>\n<p>Overall, the allocation suggests a portfolio where a handful of large positions could meaningfully influence returns, but the spread across issuers and instruments may also help reduce reliance on any one credit or security. That profile fits a fund that is trying to balance carry with controlled exposure rather than making a single large directional bet.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-floating-interest-rates-fund-g-direct-plan\">Franklin India Floating Interest Rates Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund may suit investors with a moderate comfort level on debt-fund volatility and a medium-to-long holding horizon. The Medium Risk tag, along with a return pattern that has stayed positive across 1-year, 3-year and 5-year windows, points to a relatively steady profile rather than a sharply cyclical one.<\/p>\n<p>The main trade-off is that the fund appears more stable than equity-linked options, but it is still influenced by interest-rate and credit allocation decisions. Investors who want a debt-oriented holding that has compared well with the benchmark and has held up reasonably against peer returns may find the profile appealing, provided they are comfortable with returns that can vary from one period to the next.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load: No exit load after holding period.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Franklin India Floating Interest Rates Fund Direct Growth Plan?<\/strong><br \/>Its current NAV is \u20b948.1245 as of 04 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s 1-year return is 6.96%, its 3-year return is 8.19% and its 5-year return is 7.18%.<\/p>\n<p><strong>How does it compare with the benchmark?<\/strong><br \/>It has stayed ahead of NIFTY 50 across the 1-year, 3-year and 5-year windows shown here. The difference is especially visible over 1 year and remains positive over the longer periods.<\/p>\n<p><strong>How does it compare with the peer funds shown here?<\/strong><br \/>Its 3-year and 5-year returns compare well with the other floating-rate funds in the table, while the 1-year return is slightly below the strongest peer figure shown. The longer record looks more persuasive than the latest period alone.<\/p>\n<p><strong>Is there a minimum SIP amount?<\/strong><br \/>Yes, the minimum SIP amount is \u20b9500.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>The fund is managed by Pallab Roy and Rohan Maru. There is no exit load after the holding period.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Franklin India Floating Interest Rates Fund Direct Growth Plan has shown a steadier longer-term record than the benchmark, and its 3-year and 5-year returns are also competitive against the peer set shown here. Recent performance is a little softer than the strongest peer 1-year number, but not enough to change the broader picture. The Medium Risk label, combined with a portfolio built around government securities, CDs and corporate debt, points to a fund that may work best as a measured debt allocation rather than a return-chasing one.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 5 September 2026 at 2:58 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Franklin India Floating Interest Rates Fund Direct Growth Plan\",\"identifier\":\"franklin-india-floating-interest-rates-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"31 Dec 2012\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":48.1245,\"valueReference\":\"as of 04 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"281 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.24\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.96},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":8.19},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":7.18},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Pallab Roy, Rohan Maru\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Franklin India Floating Interest Rates Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its current NAV is \u20b948.1245 as of 04 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year return is 6.96%, its 3-year return is 8.19% and its 5-year return is 7.18%.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has stayed ahead of NIFTY 50 across the 1-year, 3-year and 5-year windows shown here. The difference is especially visible over 1 year and remains positive over the longer periods.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds shown here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 3-year and 5-year returns compare well with the other floating-rate funds in the table, while the 1-year return is slightly below the strongest peer figure shown. The longer record looks more persuasive than the latest period alone.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, the minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Pallab Roy and Rohan Maru. There is no exit load after the holding period.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Franklin India Floating Interest Rates Fund Direct Growth Plan has a NAV of \u20b948.1245 as of 04 Sep 2026, with 1Y\/3Y\/5Y returns of 6.96%\/8.19%\/7.18%.<\/p>\n","protected":false},"author":29,"featured_media":232463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-232465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["232463"],"rank_math_title":["Franklin India Floating Interest Rates Fund Review 2026"],"rank_math_description":["Franklin India Floating Interest Rates Fund Direct Growth Plan has a NAV of \u20b948.1245 and 1Y return of 6.96% as of 04 Sep 2026."],"rank_math_focus_keyword":["Franklin India Floating Interest Rates Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Franklin_India_Floating_Interest_Rates_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=232465"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/232463"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=232465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=232465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=232465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}