Overview
Franklin India Money Market Fund Direct Growth
Franklin Templeton Mutual Fund
The Scheme seeks to provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market instruments.
Investments in Franklin India Money Market Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 51.2034
Fund Size (AUM)
₹2547.13 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 10000
SIP: ₹500
Launch Date
01-Jan-2013
Expense Ratio
0.14%
Exit Load
Nil
Benchmark
NIFTY Money Market Index A-I
Standard Deviation
0.53
History
Performance & Ratios
1-Year SIP Return
8.72%
3-Year SIP Return
7.89%
5-Year SIP Return
6.85%
Mean Return
7.49%
Alpha
3.05
Beta
1.16
Sharpe Ratio
1.19
Sortino Ratio
1.17
Information Ratio
9.82
Returns
1Y | 3Y | 5Y | All Time | |
---|---|---|---|---|
Fund Returns | 8.18% | 7.19% | 6.07% | 8.16% |
Category Average | 7.68% | 6.85% | 5.81% | N/A |
Rank Within Category | 3 | 11 | 10 | N/A |
Holdings (32)
Company | Sector | Instrument | Assets |
---|---|---|---|
Export-Import Bank Of India | Financial | CD | 9.21% |
Reserve Bank of India | Financial | T-Bills | 8.34% |
HDFC Bank Ltd. | Financial | CD | 7.41% |
Canara Bank | Financial | CD | 5.56% |
Reserve Bank of India | Financial | T-Bills | 5.55% |
Small Industries Devp. Bank of India Ltd. | Financial | CD | 5.55% |
Indian Bank | Financial | CD | 4.23% |
National Bank For Agriculture & Rural Development | Financial | CD | 3.71% |
National Bank For Agriculture & Rural Development | Financial | CD | 3.7% |
Axis Bank Ltd. | Financial | CD | 3.7% |
Holdings Analysis
Peer Comparison
Peer Comparison
Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
---|---|---|---|---|---|
Tata Money Market Fund Direct Growth | 26844.13 | 8.23 | 7.41 | 0.16 | N/A |
Nippon India Money Market Fund Direct Growth | 15229.55 | 8.12 | 7.32 | 0.25 | N/A |
Aditya Birla Sun Life Money Manager Fund Direct Growth | 25580.95 | 8.1 | 7.3 | 0.22 | N/A |
HDFC Money Market Fund Direct Growth | 26033.86 | 8.12 | 7.26 | 0.23 | N/A |
Kotak Money Market Fund Direct Growth | 25007.9 | 8.08 | 7.24 | 0.24 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 2
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 1
AMC Details
Asset Management Company
Franklin Templeton Mutual Fund
Franklin Templeton Mutual Fund started their mutual fund on 19/02/1996 and its managing total assets of ₹95,716 Cr. Its ranked at 8 as per total assets at end of 30th Sep 2017. Franklin Templeton Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
The firm specializes in conservatively managed mutual funds. It offers products under the Franklin, Templeton, Mutual Series and Fiduciary brand names. Like other large investment companies, the firm offers a wide variety of funds but is traditionally best known for bond funds under the Franklin brand, international funds under the Templeton brand, and value funds under the Mutual Series brand.
With more than 600 investment professionals in 28 countries around the world, Franklin Templeton is uniquely positioned to look beyond the largest or most visible securities in each market to spot smart global investments that meet their rigorous investment criteria.
Franklin Templeton's association with India dates back to over 2 decades as an investor. As part of the group's major thrust on investing in markets around the world, the India office was set up in 1996 as Templeton Asset Management India Pvt. Limited.
Launch Date
1996-02-19T00:00:00.921Z
Total AUM
₹ 106403.1 Cr
Address
Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211Free Press Journal Marg, Nariman Point Mumbai 400013
Phone
1800-425-4255 / 60004255
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Franklin India Money Market Fund Direct Growth
Franklin Templeton Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Franklin India Money Market Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Franklin India Money Market Fund Direct Growth?
The top stocks held by Franklin India Money Market Fund Direct Growth include Export-Import Bank Of India, Reserve Bank of India, HDFC Bank Ltd..
Which industries does Franklin India Money Market Fund Direct Growth invest in?
Franklin India Money Market Fund Direct Growth primarily invests in the following industries: Financial, Healthcare.
Who are the fund managers of Franklin India Money Market Fund Direct Growth?
The fund managers of Franklin India Money Market Fund Direct Growth are Rahul Goswami and Rohan Maru and Chandni Gupta.
How many years has the fund manager been managing Franklin India Money Market Fund Direct Growth?
Rahul Goswami:
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Rohan Maru:
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Chandni Gupta:
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What is the minimum investment for Franklin India Money Market Fund Direct Growth?
The minimum investment for Franklin India Money Market Fund Direct Growth is ₹10000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Franklin India Money Market Fund Direct Growth?
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What are the average 3-year returns for Franklin India Money Market Fund Direct Growth?
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What is the expense ratio of Franklin India Money Market Fund Direct Growth, and how does it compare to its category?
The expense ratio of Franklin India Money Market Fund Direct Growth is 0.14%. The average expense ratio for similar funds in the Debt is Calculating....