Regular
NAV (13-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹567 Cr
Expense Ratio
-
ISIN
INF090I01XJ8
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
29 Aug 2024
About this fund
- Franklin India Ultra Short Duration Fund Regular Growth has given a CAGR return of 0.30% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 34.49% in debts, and 65.51% in cash & cash equivalents.
- You can start investing in Franklin India Ultra Short Duration Fund Regular 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
+0.30%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Debt | ₹195.65 Cr | 34.49% |
| Others | ₹371.57 Cr | 65.51% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Call, Cash & Other Assets | Cash - Collateral | ₹227.04 Cr | 40.03% |
| 5.22% Govt Stock 2025 | Bond - Gov't/Treasury | ₹49.98 Cr | 8.81% |
| 7.72% Govt Stock 2028 | Bond - Gov't/Treasury | ₹25.94 Cr | 4.57% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.5 Cr | 4.50% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.47 Cr | 4.49% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹24.25 Cr | 4.28% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.21 Cr | 4.27% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.21 Cr | 4.27% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹24.08 Cr | 4.24% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹24.03 Cr | 4.24% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹24.02 Cr | 4.23% |
| Export-Import Bank of India | Cash - CD/Time Deposit | ₹23.99 Cr | 4.23% |
| Canara Bank | Bond - Gov't Agency Debt | ₹23.98 Cr | 4.23% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹10.41 Cr | 1.84% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹10.13 Cr | 1.79% |
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Collateral | ₹227.04 Cr | 40.03% |
| Cash - CD/Time Deposit | ₹96.43 Cr | 17.00% |
| Bond - Corporate Bond | ₹95.75 Cr | 16.88% |
| Bond - Gov't/Treasury | ₹75.92 Cr | 13.38% |
| Cash - Commercial Paper | ₹48.1 Cr | 8.48% |
| Bond - Gov't Agency Debt | ₹23.98 Cr | 4.23% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
0.75%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.38
Higher the better
Fund Managers
Rahul Goswami
Since August 2024
Pallab Roy
Since August 2024
Additional Scheme Detailsas of 31st August 2024
ISIN | INF090I01XJ8 | Expense Ratio | - | Exit Load | No Charges | Fund Size | ₹567 Cr | Age | 29 Aug 2024 | 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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% | ₹243.09 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹551.95 Cr | 6.6% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1385.73 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1385.73 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹341.12 Cr | 7.4% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹341.12 Cr | 6.6% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2143.69 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7599.90 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹250.38 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹250.38 Cr | 7.6% |
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 Regular Growth?
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Who manages the Franklin India Ultra Short Duration Fund Regular Growth?
- Rahul Goswami
- Pallab Roy
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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