About Franklin India Floating Rate Fund Direct-Dividend Daily
Franklin India Floating Rate Fund Direct-Dividend Daily is a Debt
mutual fund scheme from Franklin Templeton Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Pallab Roy
and Umesh Sharma
. It has an AUM of ₹260.62 Crores and the latest NAV decalared is ₹10.042 as on 18 Oct 2019 at 10:30 pm.
Franklin India Floating Rate Fund Direct-Dividend Daily scheme return performance in last 1 year is 8.11%, in last 3 years is 23.14% and 61.89% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
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.