Franklin India Floating Interest Rates Fund
Other options
The page shows the Growth option. The Regular plan’s other options have their own codes.
| Option | AMFI code | ISIN |
|---|---|---|
| Growth (this page) | 101048 | INF090I01LM7 |
| IDCW | 101044 | INF090I01LN5 |
Floating Interest Rates Fund
Franklin Templeton Mutual Fund
Open-ended. Launched on 23 Apr 2001.
- NAV
- Data delayed
- AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.
- ₹256 cr
- 30 Sep 2026
- SIP fromSIP Systematic investment plan: a fixed sum put into the scheme at regular intervals, usually every month.
- ₹500
- a month
- BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.
- NIFTY Short Duration Debt Index A-II
- as the SID names it
- Riskometer
- Low to Moderate
- read by Felix on 28 Oct 2026
The SID and KIM are the final reference for every fact on this page.
The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.
Assets: the fund house’s month-end disclosure of 30 Sep 2026. Minimums: fund house documents, as read by Felix on 28 Oct 2026. Benchmark: the SID.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
2 changes in the last 12 months: Anuj Tagra became a fund manager, 1 Oct 2026; SEBI renamed its category from Floater Fund to Floating Interest Rates Fund, 26 Feb 2026. See what changed
What it is
SEBI’s rule for a Floating Interest Rates Fund: at least 65% in floating-rate instruments, counting fixed-rate ones swapped to a floating rate. Source: SEBI
What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.
Source: the SID’s asset allocation, from fund house disclosures.
Potential risk class (PRC)
PRC Potential risk class: the most interest-rate risk and credit risk a debt scheme may take, on SEBI’s three-by-three grid, as its SID states it.as the SID states it| Interest-rate risk | Credit risk relatively low (A) | Moderate (B) | Relatively high (C) |
|---|---|---|---|
| Relatively low (I) | |||
| Moderate (II) | |||
| Relatively high (III) | B-III |
Riskometer
The risk of the scheme is Low to Moderate
As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails: Riskometer disclosures, Franklin Templeton Mutual Fund
- Low
- Low to Moderate
- Moderate
- Moderately High
- High
- Very High
Benchmark: NIFTY Short Duration Debt Index A-II. Its riskometer is published monthly by the fund house: Riskometer disclosures, Franklin Templeton Mutual Fund
Source: fund houses’ disclosures.
Who runs it
Anuj Tagrasince 1 Oct 2026
Fund manager
Also manages Franklin India Aggressive Hybrid Fund, Franklin India Arbitrage Fund, Franklin India Balanced Advantage Fund, Franklin India Banking & PSU Debt Fund, Franklin India Corporate Bond Fund, Franklin India Equity Savings Fund, Franklin India Gilt Fund, Franklin India Long Term Fund, Franklin India Medium to Long Term Fund, Franklin India Multi Asset Allocation Fund, Franklin India Retirement Fund, Franklin India Short Term Fund
Rohan Marusince 10 Oct 2024
Fund manager
Also manages Franklin India Arbitrage Fund, Franklin India Conservative Hybrid Fund, Franklin India Equity Savings Fund, Franklin India Income Plus Arbitrage Active FoF, Franklin India Liquid Fund, Franklin India Money Market Fund, Franklin India Multi Asset Allocation Fund, Franklin India Overnight Fund, Franklin India Short Term Fund, Franklin India Ultra Short Term Fund, Franklin India Ultra Short to Short Term Fund
Sandeep Manamsince 18 Oct 2021
Fund manager, foreign securities
Also manages Franklin Asian Equity Fund, Franklin Build India Fund, Franklin India Aggressive Hybrid Fund, Franklin India Balanced Advantage Fund, Franklin India Banking & PSU Debt Fund, Franklin India Conservative Hybrid Fund, Franklin India Dividend Yield Fund, Franklin India Equity Savings Fund, Franklin India Flexi Cap Fund, Franklin India Focused Equity Fund, Franklin India Large & Mid Cap Fund, Franklin India Large Cap Fund, Franklin India Mid Cap Fund, Franklin India Multi Asset Allocation Fund, Franklin India Multi Cap Fund, Franklin India NSE Nifty 50 Index, Franklin India Opportunities Fund, Franklin India Small Cap Fund, Franklin India Technology Fund, Franklin U.S. Opportunities Equity Active FoF, Templeton India Value Fund
Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.
Codes and identity
from the SID and AMFI- Fund house
- Franklin Templeton Mutual Fund
- SEBI category
- Floating Interest Rates Fund
- Plan and option
- Regular plan – Growth
- Structure
- Open-ended
- Launched
- 23 Apr 2001
- AMFI code, Growth
- 101048
- ISIN, Growth
- INF090I01LM7
- IDCW INF090I01LN5
- Registrar
- CAMS
- Fund house website
- franklintempletonindia.com ↗
ISINs of the IDCW options
Franklin Templeton Mutual Fund
Franklin Templeton Mutual Fund runs 38 schemes in their Regular plan: 15 equity, 12 debt, 6 hybrid, 1 index funds and ETFs, 4 other.
14 fund managers, in their current schemes for 3 years 6 months on average.
2 schemes launched in the last 12 months.
- All 38 schemes
- franklintempletonindia.com
- Registrar: CAMS
Source: fund houses’ disclosures, as of 28 Oct 2026.
Buying and selling
- SIP from
- ₹500, as the KIM states it
- Entry load
- Nil, since 1 Aug 2009
- Stamp duty
- 0.005% of the amount invested, since 1 Jul 2020
- Applicable NAV
- That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
- Redemption money
- Within 3 working days of the redemption request
Sources: the scheme’s KIM for the minimums; SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.
The category: Floating Interest Rates Fund
All 12 schemesSchemes 1 to 10 of 12, A to Z; this scheme is marked.Schemes 3 to 7 of 12, A to Z; this scheme is marked.
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Aditya Birla Sun Life Floating Interest Rate Fund | NIFTY Low Duration Debt Index A-I | 12,971 | 1,000 | 2009 |
| Axis Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 149 | 1,000 | 2021 |
| Bandhan Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 224 | 100 | 2021 |
| DSP Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 316 | 100 | 2021 |
| Franklin India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 256 | 500 | 2001 |
| HDFC Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 15,659 | 100 | 2007 |
| ICICI Prudential Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 8,658 | 100 | 2005 |
| Kotak Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 3,240 | 100 | 2019 |
| Nippon India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 7,461 | 100 | 2004 |
| SBI Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 676 | 500 | 2020 |
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Bandhan Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 224 | 100 | 2021 |
| DSP Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 316 | 100 | 2021 |
| Franklin India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 256 | 500 | 2001 |
| HDFC Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 15,659 | 100 | 2007 |
| ICICI Prudential Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 8,658 | 100 | 2005 |
Show all 12 schemes
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Aditya Birla Sun Life Floating Interest Rate Fund | NIFTY Low Duration Debt Index A-I | 12,971 | 1,000 | 2009 |
| Axis Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 149 | 1,000 | 2021 |
| Bandhan Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 224 | 100 | 2021 |
| DSP Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 316 | 100 | 2021 |
| Franklin India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 256 | 500 | 2001 |
| HDFC Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 15,659 | 100 | 2007 |
| ICICI Prudential Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 8,658 | 100 | 2005 |
| Kotak Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 3,240 | 100 | 2019 |
| Nippon India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 7,461 | 100 | 2004 |
| SBI Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 676 | 500 | 2020 |
| Tata Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 114 | 500 | 2021 |
| UTI Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 1,506 | 500 | 2018 |
Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.
What changed
- 1 Oct 2026Anuj Tagra became a fund manager
- 26 Feb 2026SEBI renamed its category from Floater Fund to Floating Interest Rates Fund
- 10 Oct 2024Rohan Maru became a fund manager
- 18 Oct 2021Sandeep Manam became a fund manager
- 23 Apr 2001Launched
- 23 Apr 2001NFO closed
- 23 Apr 2001NFO opened
Source: fund house disclosures and SEBI.
Documents
KIM Key information memorandum: the short summary of the SID that comes with every application form.Franklin Templeton Mutual Fund publishes the scheme’s documents on its website:
- Scheme information document (SID)
- Key information memorandum (KIM)
- Monthly factsheet
- Monthly portfolio disclosure
Felix links to the fund house’s own copies and never copies them.
Questions about this fund
Who manages it, and since when?
Sandeep Manam, since 18 Oct 2021 (Fund manager, foreign securities); Rohan Maru, since 10 Oct 2024 (Fund manager); Anuj Tagra, since 1 Oct 2026 (Fund manager). Source: Franklin Templeton Mutual Fund’s disclosures.
What is the minimum SIP?
₹500 a month, as of 28 Oct 2026, from the fund house’s documents.
What is its benchmark?
NIFTY Short Duration Debt Index A-II, as the SID names it. Felix shows the benchmark by name only.
When was it launched, and what was it called before?
It was launched on 23 Apr 2001.
How do I invest in it?
Read the SID and KIM on Franklin Templeton Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.
What does “Regular plan – Growth” mean?
The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.
Where are its documents?
On Franklin Templeton Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Data on this page
| Block | Source | For |
|---|---|---|
| Assets | Fund houses’ disclosures, at month-end | 30 Sep 2026 |
| Minimums | Fund house documents, as read by Felix | 28 Oct 2026 |
| Riskometer | Fund houses’ disclosures, as read by Felix | 28 Oct 2026 |
| Asset allocation | The SID, from fund house disclosures | 28 Oct 2026 |
| Fund managers | Fund house disclosures | 28 Oct 2026 |
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When you are ready, invest with a person.
The SID and KIM are the final reference for every fact on this page.