Best Floating Interest Rates Fund in India 2026

Compare all 11 Floating Interest Rates Fund Direct Growth funds by stability score, returns, expense ratio and risk metrics. Independent analysis by FundMatrix.

11 Funds₹40K Cr Category AUM0.26% Avg TER6.5% Avg 1Y Return
🛡 Top by Stability Score
1ICICI Prudential Floating Interest Fund832HDFC Floating Rate Debt Fund773Aditya Birla Sun Life Floating Rate Fund764Franklin India Floating Rate Fund755Nippon India Floater Fund74
📈 Top by 1Y Returns
1ICICI Prudential Floating Interest Fund7.18%2Franklin India Floating Rate Fund6.66%3SBI Floating Rate Debt Fund6.65%4Bandhan Floater Fund6.61%5Kotak Floating Rate Fund6.52%
🏦 Top by AUM
1HDFC Floating Rate Debt Fund14146.91 Cr2Aditya Birla Sun Life Floating Rate Fund12268.15 Cr3Nippon India Floater Fund6882.71 Cr4ICICI Prudential Floating Interest Fund3212.90 Cr5Kotak Floating Rate Fund2651.51 Cr
11 funds
Fund NameAMCStabilityAUMTER1Y ReturnSharpe
HDFC Floating Rate Debt Fund
HDFC Mutual Fund
77High
₹14K Cr0.27%+6.49%-0.23→
Aditya Birla Sun Life Floating Rate Fund
Aditya Birla Sun Life Mutual Fund
76High
₹12K Cr0.24%+6.43%-0.40→
Nippon India Floater Fund
Nippon India Mutual Fund
74High
₹7K Cr0.36%+6.02%-0.60→
ICICI Prudential Floating Interest Fund
ICICI Prudential Mutual Fund
83High
₹3K Cr0.30%+7.18%0.48→
Kotak Floating Rate Fund
Kotak Mahindra Mutual Fund
73High
₹3K Cr0.25%+6.52%-0.16→
SBI Floating Rate Debt Fund
SBI Mutual Fund
68Moderate
₹277 Cr0.28%+6.65%-0.03→
DSP Floater Fund
DSP Mutual Fund
70Moderate
₹238 Cr0.29%+6.10%-0.38→
Bandhan Floater Fund
Bandhan Mutual Fund
72High
₹117 Cr0.09%+6.61%-0.04→
Axis Floater Fund
Axis Mutual Fund
69Moderate
₹108 Cr0.23%+6.45%-0.12→
Franklin India Floating Rate Fund
Franklin Templeton Mutual Fund
75High
₹63 Cr0.28%+6.66%-0.05→
Tata Floating Rate Fund
Tata Mutual Fund
73High
₹38 Cr0.31%+6.24%-0.50→

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