Franklin India Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹190 Cr
Expense Ratio
0.26%
ISIN
INF090I01XL4
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
29 Aug 2024
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹10.18, Assets Under Management (AUM) of 190.48 Crores, and an expense ratio of 0.26%.
- Franklin India Ultra Short Duration Fund Direct Growth has given a CAGR return of 1.77% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 45.35% in debts, and 54.65% in cash & cash equivalents.
- You can start investing in Franklin India Ultra Short Duration 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.
Since Inception
+1.77%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹86.37 Cr | 45.35% |
| Others | ₹104.11 Cr | 54.65% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Hdfc Bank Ltd (20-Feb-2025) ** | Cash | ₹19.57 Cr | 10.27% |
| Call, Cash & Other Assets | Cash - Collateral | ₹16.62 Cr | 8.72% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹15.77 Cr | 8.28% |
| Smfg India Credit Company Limited | Bond - Corporate Bond | ₹15.53 Cr | 8.15% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹15.43 Cr | 8.10% |
| 7.3% Govt Stock 2028 | Bond - Gov't/Treasury | ₹15.18 Cr | 7.97% |
| Axis Bank Ltd (28-Feb-2025) ** | Cash | ₹14.65 Cr | 7.69% |
| Punjab National Bank (11-Mar-2025) ** | Cash | ₹14.62 Cr | 7.68% |
| Mankind Pharma Ltd (17-Apr-2025) **@ | Cash | ₹14.49 Cr | 7.61% |
| Bank Of Baroda (15-May-2025) ** | Cash | ₹14.43 Cr | 7.58% |
| 364 DTB 04092025 | Bond - Gov't/Treasury | ₹14.21 Cr | 7.46% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹10.26 Cr | 5.39% |
| Piramal Enterprises Ltd (03-Mar-2025) **@ | Cash | ₹9.72 Cr | 5.10% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash | ₹87.49 Cr | 45.93% |
| Bond - Corporate Bond | ₹56.99 Cr | 29.92% |
| Bond - Gov't/Treasury | ₹29.39 Cr | 15.43% |
| Cash - Collateral | ₹16.62 Cr | 8.72% |
| Cash - Commercial Paper | ₹0 Cr | - |
| Cash - CD/Time Deposit | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
0.70%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-0.63
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.35
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st October 2024
ISIN INF090I01XL4 | Expense Ratio 0.26% | Exit Load No Charges | Fund Size ₹190 Cr | Age 2 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Ultra Short Dur Debt A-I |
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 Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹242.78 Cr | 6.9% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹627.14 Cr | 6.8% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1304.45 Cr | 7.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1304.45 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹246.19 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹246.19 Cr | 6.8% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹3046.30 Cr | 7.2% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹8313.36 Cr | 7.2% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹229.27 Cr | 7.3% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹229.27 Cr | 7.8% |
Risk Level
Your principal amount will be at Moderate Risk
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What is the current NAV of Franklin India Ultra Short Duration Fund Direct Growth?
What is the portfolio composition of Franklin India Ultra Short Duration Fund Direct Growth?
Who manages the Franklin India Ultra Short Duration Fund Direct Growth?
- Rahul Goswami
- Pallab Roy
- Rohan Maru
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