What are the best Floater Funds in India?

The top performing fund in this category is Franklin India Floating Rate Fund - Growth Plan by Franklin Templeton Mutual Fund with a 3-year CAGR of 7.45%. MFGenie ranks 13 funds in this category based on AMFI data updated daily.

What is the average return of Floater Funds?

The average 3-year CAGR is 7.17%. Past performance does not guarantee future results.

Best Floater Funds

Floating rate debt funds. Returns linked to market rates. Low duration risk. Data from AMFI, updated daily.

Looking for the full directory? View all Floater Funds

Category:

Less than One Year More than One Year

#	Scheme	AUM	NAV	1Y	3Y	5Y	10Y	Since Inception
1	Franklin India Floating Rate Fund - Growth Plan Franklin Templeton Mutual Fund	₹306 Cr	₹42.81	+5.07%	+7.45%	+6.26%	+6.23%	+5.97% Apr 2001	Invest
2	SBI Floating Rate Debt Fund - Regular Plan - Growth SBI Mutual Fund	₹717 Cr	₹13.96	+5.50%	+7.44%	+6.37%	—	+6.13% Oct 2020	Invest
3	HDFC Floating Rate Debt Fund - Growth Option HDFC Mutual Fund	₹16,589 Cr	₹52.46	+5.03%	+7.36%	+6.46%	+7.10%	+7.70% Dec 2002	Invest
4	Axis Floater Fund - Regular Plan - Growth Axis Mutual Fund	₹150 Cr	₹1358.14	+3.22%	+7.36%	—	—	+6.48% Jul 2021	Invest
5	DSP Floater Fund - Regular Plan - Growth DSP Mutual Fund	₹409 Cr	₹13.75	+3.83%	+7.34%	+6.16%	—	+6.24% Mar 2021	Invest
6	ICICI Prudential Floating Interest Fund - Growth ICICI Prudential Mutual Fund	₹7,294 Cr	₹446.26	+5.27%	+7.28%	+6.34%	+6.94%	+7.53% Apr 2006	Invest
7	KOTAK FLOATING RATE FUND-REGULAR PLAN-GROWTH OPTION Kotak Mahindra Mutual Fund	₹3,366 Cr	₹1583.16	+4.85%	+7.21%	+6.20%	—	+26.23% Aug 2004	Invest
8	Aditya Birla Sun Life Floating Rate Fund-Retail Plan-Growth Aditya Birla Sun Life Mutual Fund	₹13,455 Cr	₹528.89	+5.39%	+7.15%	+6.33%	+7.04%	+7.79% Oct 2011	Invest
9	Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Aditya Birla Sun Life Mutual Fund	—	₹365.67	+5.39%	+7.15%	+6.33%	+7.04%	+16.95% Jun 2003	Invest
10	Nippon India Floater Fund - Growth Plan-Growth Option Nippon India Mutual Fund	₹8,229 Cr	₹47.17	+4.09%	+6.97%	+6.05%	—	+7.38% Aug 2004	Invest
11	Tata Floating Rate Fund-Regular Plan-Growth Tata Mutual Fund	₹129 Cr	₹13.36	+4.67%	+6.96%	—	—	+6.06% Jun 2021	Invest
12	BANDHAN FLOATER FUND - REGULAR PLAN GROWTH Bandhan Mutual Fund	₹275 Cr	₹13.48	+4.50%	+6.93%	+5.88%	—	+5.78% Feb 2021	Invest
13	UTI - Floater Fund - Regular Plan - Growth Option UTI Mutual Fund	₹1,172 Cr	₹1568.04	+5.19%	+6.59%	+5.67%	—	+6.13% Oct 2018	Invest

Showing Regular-Growth plans. Returns are CAGR (annualised) for periods ≥1 year, absolute for periods <1 year. Data sourced from AMFI. Past performance is not indicative of future results.

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