Franklin India Overnight Fund Direct Growth

Fund Overview

Fund Size

₹421 Cr

Expense Ratio

0.07%

ISIN

INF090I01SS9

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

10 May 2019

About this fund

Franklin India Overnight Fund Direct Growth is a Overnight mutual fund schemes offered by Franklin Templeton Mutual Fund. This fund has been in existence for 5 years, 11 months and 9 days, having been launched on 10-May-19.
As of 18-Apr-25, it has a Net Asset Value (NAV) of ₹1335.32, Assets Under Management (AUM) of 420.82 Crores, and an expense ratio of 0.07%.

Franklin India Overnight Fund Direct Growth has given a CAGR return of 4.98% since inception.
The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 100.00% in cash & cash equivalents.
You can start investing in Franklin India Overnight Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.57%

— (Cat Avg.)

3 Years

+6.29%

— (Cat Avg.)

5 Years

+5.00%

— (Cat Avg.)

Since Inception

+4.98%

— (Cat Avg.)

Portfolio Summaryas of 31st March 2025

Others

₹420.82 Cr

100.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Call, Cash & Other Assets	Cash	₹401.37 Cr	95.38%
182 DTB 10042025	Bond - Gov't/Treasury	₹4.99 Cr	1.19%
91 DTB 17042025	Bond - Gov't/Treasury	₹4.99 Cr	1.18%
364 DTB 18042025	Bond - Gov't/Treasury	₹4.99 Cr	1.18%
91 Days Tbill Red 24-04-2025	Bond - Gov't/Treasury	₹4.48 Cr	1.07%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash	₹401.37 Cr	95.38%
Bond - Gov't/Treasury	₹19.45 Cr	4.62%

Risk & Performance Ratios

Fund Managers

Pallab Roy

Since May 2019

Rohan Maru

Since October 2024

Additional Scheme Detailsas of 31st March 2025

ISIN

INF090I01SS9

Expense Ratio

0.07%

Exit Load

No Charges

Fund Size

₹421 Cr

Age

5 years 11 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 1D Rate TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Overnight Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Zerodha Overnight Fund Direct Growth Low Risk	-	0.0%	-	-
JM Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹237.72 Cr	6.5%
JM Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹237.72 Cr	6.5%
Shriram Nifty 1D Rate Liquid ETF Low Risk	0.4%	-	₹30.60 Cr	-
SBI NIFTY 1D Rate ETF Low Risk	0.3%	-	₹29.13 Cr	4.5%
Helios Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹157.66 Cr	6.4%
Helios Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹157.66 Cr	6.5%
Baroda BNP Paribas Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹581.81 Cr	6.5%
Baroda BNP Paribas Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹581.81 Cr	6.6%
PGIM India Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹88.11 Cr	6.6%

About the AMC

Franklin Templeton Mutual Fund

+91 22 6751 9100

https://www.franklintempletonindia.com/

Total AUM

₹98,410 Cr

Address

Indiabulls Finance Centre; Tower 2, 12th and 13th Floor, Mumbai, 400 013

Other Funds by Franklin Templeton Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Franklin India Multi-Asset Solution Fund of Funds Direct Growth High Risk	0.4%	1.0%	₹63.58 Cr	14.9%
Franklin India Equity Savings Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹637.00 Cr	8.4%
Franklin India Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹420.82 Cr	6.6%
Franklin India Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹313.67 Cr	10.1%
Franklin India Credit Risk Fund Direct Growth High Risk	-	3.0%	₹104.00 Cr	7.5%
Franklin India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2547.13 Cr	8.2%
Templeton India Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹2078.65 Cr	5.7%
Templeton India Equity Income Fund Direct Growth Very High Risk	1.3%	1.0%	₹2285.78 Cr	5.7%
Franklin India Government Securities Direct Growth Low to Moderate Risk	0.6%	0.0%	₹149.80 Cr	10.5%
Franklin India Corporate Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹759.14 Cr	9.3%
Franklin India Pension Plan Direct Growth Moderately High risk	1.6%	3.0%	₹505.78 Cr	9.5%
Franklin India Short Term Income Plan Direct Growth Moderate Risk	-	0.0%	₹12.51 Cr	6.6%
Franklin Asian Equity Fund Direct Growth Very High Risk	1.6%	1.0%	₹238.82 Cr	8.7%
Franklin India Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹6046.75 Cr	14.6%
Franklin Build India Direct Growth Very High Risk	1.0%	1.0%	₹2641.63 Cr	7.0%
Franklin India Bluechip Fund Direct Growth Very High Risk	1.2%	1.0%	₹7342.72 Cr	10.6%
Franklin India Flexi Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹17393.86 Cr	11.5%
Franklin India Prima Fund Direct Growth Very High Risk	1.1%	1.0%	₹11443.03 Cr	14.7%
Franklin India Equity Advantage Fund Direct Growth Very High Risk	1.4%	1.0%	₹3273.15 Cr	10.6%
Franklin India Smaller Companies Fund Direct Growth Very High Risk	1.0%	1.0%	₹11969.61 Cr	2.3%
Franklin India Focused Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹11396.38 Cr	8.5%
Franklin India Taxshield Fund Direct Growth Very High Risk	1.1%	0.0%	₹6358.59 Cr	11.2%
Franklin India Technology Fund Direct Growth Very High Risk	1.0%	1.0%	₹1754.08 Cr	1.5%
Franklin India Equity Hybrid Fund Direct Growth Very High Risk	0.9%	1.0%	₹2054.78 Cr	10.6%
Franklin India Dynamic Asset Allo FOF Direct Growth High Risk	0.4%	1.0%	₹1272.48 Cr	9.7%
Franklin India NSE Nifty 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹700.79 Cr	8.8%
Franklin India Feeder - Franklin U.S. Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹3451.59 Cr	-0.2%
Franklin India Debt Hybrid Fund Direct Growth Moderately High risk	0.7%	0.0%	₹198.28 Cr	10.1%
Franklin India Feeder - Templeton European Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹16.26 Cr	5.5%
Franklin India Short Term Income Plan Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹164.26 Cr	309.1%
Franklin India Income Opportunities Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹45.54 Cr	309.1%
Franklin India Low Duration Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹47.42 Cr	308.8%
Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth Low Risk	-	0.0%	₹29.52 Cr	309.0%
Franklin India Credit Risk Fund Segregated Portfolio 2 Direct Growth Very High Risk	-	0.0%	₹105.84 Cr	309.1%
Franklin India Debt Hybrid Fund Segregated Portfolio 1 Direct Growth Moderately High risk	0.7%	0.0%	-	-
Franklin India Short Term Income Plan Segregated Portfolio 3 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Franklin India Balanced Advantage Fund Direct Growth High Risk	0.5%	1.0%	₹2502.44 Cr	10.6%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹547.06 Cr	9.0%

Risk Level

Your principal amount will be at Low to Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of Franklin India Overnight Fund Direct Growth?

The NAV of Franklin India Overnight Fund Direct Growth, as of 18-Apr-2025, is ₹1335.32.

What are the returns of Franklin India Overnight Fund Direct Growth?

The fund has generated 6.57% over the last 1 year and 6.29% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Franklin India Overnight Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 100.00% in cash and cash equivalents.

Who manages the Franklin India Overnight Fund Direct Growth?

The fund managers responsible for Franklin India Overnight Fund Direct Growth are:-

Pallab Roy
Rohan Maru

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹421 Cr

Expense Ratio

0.07%

ISIN

INF090I01SS9

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

10 May 2019

Risk Level

Your principal amount will be at Low to Moderate Risk