AMFI Registered MFD · ARN-130934 · Mutual fund investments are subject to market risks. CA Amit Kumar Jain · +91 93522 44475 Poornima Jain · +91 92525 44475 support@plenitude.co.in हिंदी

Floater Funds explained.

Floater Funds invest at least 65% in floating-rate debt, whose interest resets with market rates.

What they invest in

Floater Funds invest at least 65% in floating-rate debt, whose interest resets with market rates.

Generally used by investors concerned about rising interest rates.

All Floater Funds (24)

Growth options · alphabetical by fund house · not a ranking
SchemePlanNAVAs on
Aditya Birla Sun Life Floating Interest Rates Fund - Direct Plan - GROWTHAditya Birla Sun Life Mutual FundDirect₹386.272015-Oct-2026
Aditya Birla Sun Life Floating Interest Rates Fund - Regular Plan - GROWTHAditya Birla Sun Life Mutual FundRegular₹374.904315-Oct-2026
Axis Floating Interest Rates Fund - Direct Plan - Growth OptionAxis Mutual FundDirect₹1,422.9215-Oct-2026
Axis Floating Interest Rates Fund - Regular Plan - Growth OptionAxis Mutual FundRegular₹1,397.1315-Oct-2026
BANDHAN FLOATING INTEREST RATES FUND - Direct Plan - GrowthBandhan Mutual FundDirect₹14.259615-Oct-2026
BANDHAN FLOATING INTEREST RATES FUND - Regular Plan - GrowthBandhan Mutual FundRegular₹13.846615-Oct-2026
DSP Floating Interest Rates Fund - Direct Plan - GrowthDSP Mutual FundDirect₹14.270215-Oct-2026
DSP Floating Interest Rates Fund - Regular Plan - GrowthDSP Mutual FundRegular₹14.052015-Oct-2026
Franklin India Floating Interest Rates Fund - Direct Plan - GrowthFranklin Templeton Mutual FundDirect₹48.236815-Oct-2026
Franklin India Floating Interest Rates Fund - Regular Plan - GrowthFranklin Templeton Mutual FundRegular₹43.799915-Oct-2026
HDFC Floating Interest Rates Fund - Direct Plan - Growth OptionHDFC Mutual FundDirect₹54.875815-Oct-2026
HDFC Floating Interest Rates Fund - Regular Plan - Growth OptionHDFC Mutual FundRegular₹53.634315-Oct-2026
ICICI Prudential Floating Interest Rates Fund - Direct Plan - GrowthICICI Prudential Mutual FundDirect₹501.713615-Oct-2026
ICICI Prudential Floating Interest Rates Fund - Regular Plan - GrowthICICI Prudential Mutual FundRegular₹455.905215-Oct-2026
Kotak Floating Interest Rates Fund - Direct Plan - GROWTH OPTIONKotak Mahindra Mutual FundDirect₹1,667.5715-Oct-2026
Kotak Floating Interest Rates Fund - Regular Plan - GROWTH OPTIONKotak Mahindra Mutual FundRegular₹1,620.8815-Oct-2026
Nippon India Floating Interest Rates Fund - Direct Plan - Growth OptionNippon India Mutual FundDirect₹50.925415-Oct-2026
Nippon India Floating Interest Rates Fund - Regular Plan - Growth OptionNippon India Mutual FundRegular₹48.215215-Oct-2026
SBI Floating Interest Rates Fund - Direct Plan - GrowthSBI Mutual FundDirect₹14.499215-Oct-2026
SBI Floating Interest Rates Fund - Regular Plan - GrowthSBI Mutual FundRegular₹14.339415-Oct-2026
Tata Floating Interest Rates Fund - Direct Plan - Growth OptionTata Mutual FundDirect₹14.000215-Oct-2026
Tata Floating Interest Rates Fund - Regular Plan - Growth OptionTata Mutual FundRegular₹13.685615-Oct-2026
UTI Floating Interest Rates Fund - Direct Plan - GrowthUTI Mutual FundDirect₹1,688.9115-Oct-2026
UTI Floating Interest Rates Fund - Regular Plan - GrowthUTI Mutual FundRegular₹1,605.1715-Oct-2026

Common questions

What are Floater Funds?
Floater Funds invest at least 65% in floating-rate debt, whose interest resets with market rates.
Who are Floater Funds generally suited for?
They are generally used by investors concerned about rising interest rates. Suitability depends on your goals, time horizon and risk profile; check the scheme's riskometer and documents.
Which is the best fund in this category?
There is no single best fund for everyone, and past returns do not guarantee future returns. Compare schemes on consistency, costs (expense ratio), portfolio and how well they fit your goals, or talk to a professional.
Direct or Regular plan?
Both hold the same portfolio. Direct plans are bought from the fund house and cost less; Regular plans are bought through a distributor (like Plenitude Connect), who is paid a commission from the expense ratio and helps with selection, paperwork and reviews.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Plenitude Connect is an AMFI-registered Mutual Fund Distributor (ARN-130934). This page is for information only and does not recommend any scheme. NAVs from AMFI; may be delayed.
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