Best Floating Interest Rates Fund in India 2026

Compare all 12 Floating Interest Rates Fund Direct Growth funds by stability score, returns, expense ratio and risk metrics. Independent analysis by FundMatrix.

12 Funds₹42K Cr Category AUM0.29% Avg TER5.9% Avg 1Y Return

🛡 Top by Stability Score

1ICICI Prudential Floating Interest Rates Fund84 2HDFC Floating Interest Rates Fund78 3Kotak Floating Interest Rates Fund77 4Aditya Birla Sun Life Floating Interest Rates Fund75 5Franklin India Floating Interest Rates Fund74

📈 Top by 1Y Returns

1Franklin India Floating Interest Rates Fund6.38%2ICICI Prudential Floating Interest Rates Fund6.23%3Bandhan Floating Interest Rates Fund6.18%4UTI Floating Interest Rates Fund6.14%5Tata Floating Interest Rates Fund6.10%

🏦 Top by AUM

1HDFC Floating Interest Rates Fund14047.64 Cr 2Aditya Birla Sun Life Floating Interest Rates Fund12028.79 Cr 3Nippon India Floating Interest Rates Fund6803.34 Cr 4ICICI Prudential Floating Interest Rates Fund4376.89 Cr 5Kotak Floating Interest Rates Fund2792.17 Cr

12 funds

Fund Name	AMC	Stability	AUM	TER	1Y Return	Sharpe
HDFC Floating Interest Rates Fund	HDFC Mutual Fund	78High	₹14K Cr	0.27%	+5.67%	-0.97	→
Aditya Birla Sun Life Floating Interest Rates Fund	Aditya Birla Sun Life Mutual Fund	75High	₹12K Cr	0.25%	+6.03%	-0.83	→
Nippon India Floating Interest Rates Fund	Nippon India Mutual Fund	72High	₹7K Cr	0.36%	+5.03%	-1.35	→
ICICI Prudential Floating Interest Rates Fund	ICICI Prudential Mutual Fund	84High	₹4K Cr	0.29%	+6.23%	-0.37	→
Kotak Floating Interest Rates Fund	Kotak Mahindra Mutual Fund	77High	₹3K Cr	0.24%	+5.58%	-1.01	→
UTI Floating Interest Rates Fund	UTI Mutual Fund	70High	₹796 Cr	0.44%	+6.14%	-0.76	→
SBI Floating Interest Rates Fund	SBI Mutual Fund	69Moderate	₹286 Cr	0.28%	+6.00%	-0.53	→
DSP Floating Interest Rates Fund	DSP Mutual Fund	69Moderate	₹231 Cr	0.28%	+4.86%	-1.20	→
Bandhan Floating Interest Rates Fund	Bandhan Mutual Fund	70High	₹116 Cr	0.10%	+6.18%	-0.46	→
Axis Floating Interest Rates Fund	Axis Mutual Fund	70High	₹115 Cr	0.23%	+6.09%	-0.31	→
Franklin India Floating Interest Rates Fund	Franklin Templeton Mutual Fund	74High	₹60 Cr	0.38%	+6.38%	-0.28	→
Tata Floating Interest Rates Fund	Tata Mutual Fund	73High	₹52 Cr	0.32%	+6.10%	-0.62	→

Direct Growth plans only · Data from AMFI India · Stability Score is a FundMatrix proprietary metric · Not investment advice