Floating rate funds that can offer 8% annual returns SECTIONS Last Updated: Feb 25, 2021, 12:14 PM IST Share Synopsis If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts. Getty Images Which is the best floating rate fund I should invest Rs 2,500 per month for three years and get average returns at 8% per annum? --- Hitesh Bhateja Vishal Dhawan, founder, PlanAhead Wealth Management, a financial planning firm, based in Mumbai, responds: Your return expectations from debt funds, especially floating rate funds are very high. Remember we are in a low interest rate environment and which may start reversing in the next couple of quarters, depending on how the growth and inflation data pans out.