What are the best Floater Funds in India?

There are 12 Floater Funds in India. The top performer is Axis Floater Fund - Regular Plan - Growth by Axis Mutual Fund with a 3-year CAGR of 8.02%. MFGenie shows 12 with a 3-year track record, ranked by CAGR. Data from AMFI, updated daily.

What is the average return of Floater Funds?

The average 3-year CAGR is 7.45%. 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.

12 funds in this category

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	Axis Floater Fund · Regular · Growth Axis Mutual Fund	₹150 Cr	₹1389.54	+5.98%	+8.02%	—	—	+6.86% Jul 2021	Invest
2	DSP Floater Fund · Regular · Growth DSP Mutual Fund	₹409 Cr	₹14.01	+5.54%	+7.75%	+6.58%	—	+6.50% Mar 2021	Invest
3	SBI Floating Rate DEBT Fund · Regular · Growth SBI Mutual Fund	₹717 Cr	₹14.21	+6.17%	+7.65%	+6.59%	—	+6.27% Oct 2020	Invest
4	HDFC Floating Rate Debt Fund · Regular · Growth HDFC Mutual Fund	₹16,589 Cr	₹53.25	+5.89%	+7.59%	+6.66%	+7.14%	+7.74% Dec 2002	Invest
5	Franklin India Floating Rate Fund · Regular · Growth Franklin Templeton Mutual Fund	₹306 Cr	₹43.38	+5.52%	+7.54%	+6.44%	+6.27%	+5.99% Apr 2001	Invest
6	Kotak Floating Rate Fund · Regular · Growth Kotak Mahindra Mutual Fund	₹3,366 Cr	₹1608.80	+5.69%	+7.53%	+6.46%	—	+6.85% May 2019	Invest
7	ICICI Prudential Floating Interest Fund · Regular · Growth ICICI Prudential Mutual Fund	₹7,294 Cr	₹452.84	+6.15%	+7.49%	+6.53%	+6.99%	+7.57% Apr 2006	Invest
8	Nippon India Floater Fund · Regular · Growth Nippon India Mutual Fund	₹8,229 Cr	₹47.95	+5.34%	+7.36%	+6.33%	—	+7.43% Aug 2004	Invest
9	Bandhan Floater Fund · Regular · Growth Bandhan Mutual Fund	₹275 Cr	₹13.73	+5.77%	+7.33%	+6.20%	—	+6.04% Feb 2021	Invest
10	Aditya Birla Sun Life Floating Rate Fund · Regular · Growth Aditya Birla Sun Life Mutual Fund	—	₹370.30	+5.83%	+7.31%	+6.50%	+7.04%	+7.85% Oct 2011	Invest
11	Tata Floating Rate Fund · Regular · Growth Tata Mutual Fund	₹129 Cr	₹13.55	+5.34%	+7.13%	+6.25%	—	+6.24% Jun 2021	Invest
12	UTI Floater Fund · Regular · Growth UTI Mutual Fund	₹1,172 Cr	₹1587.08	+5.48%	+6.69%	+5.82%	—	+6.18% Oct 2018	Invest
―	Category averagemedian of 24 funds	—	—	+5.92%	+7.62%	+6.62%	—	+6.86%

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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