Franklin India Liquid Fund

Q: What are the returns of this mutual fund scheme?

The Franklin India Liquid Fund is a 20 yrs 1 m old fund and has delivered average annual returns of 7.12% since inception. Franklin India Liquid Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.77% 7.01% 5.68% 6.23% 7.12%

Q: How much does this mutual fund charge as expense ratio?

The Franklin India Liquid Fund has an expense ratio of 0.2% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹4000.219+0.02% 1 day change	7.12% p.a.	App exclusive #NA View Ranked Funds	₹2,631 Cr

Historical NAV & returns

NAV: ₹4000.219 as on Oct 20, 2025

This fund Category average

Franklin India Liquid Fund overview

AUM (Fund size)	₹2,631 Cr
Exit load	0.007% Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.!
Lock-in Period	Nil
Age	20 yrs 1 m since Sep 02, 2005
Benchmark	NIFTY Liquid Index A-I
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	0.2% as on Sep 30, 2025
Plan type	Regular
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Franklin India Liquid Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.46%	0.45%
3 Months	1.41%	1.37%
6 Months	2.99%	2.92%
1 Year	6.77%	6.6%
2 Years	7.09%	6.95%
3 Years	7.01%	6.91%
4 Years	6.32%	6.23%
5 Years	5.68%	5.61%
7 Years	5.79%	5.66%
10 Years	6.23%	6.11%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 80.99479365%

SOV 23.08638156%

AAA 7.71319686%

AA+ 3.84011287%

Top Debt Holdings

Reserve Bank of India 23.08%

Reliance Retail Ventures Ltd. 11.3%

Bank Of Baroda 9.4%

Indian Oil Corporation Ltd. 8.48%

Allocation by Instruments

Commercial Paper 52.77639215000001%

Certificate of Deposit 28.218401500000002%

Treasury Bills 23.08638156%

Debenture 10.94368784%

Other Holdings

Others 0.28%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Franklin India Liquid Fund	0.46%	2.99%	6.77%	7.01%	5.68%	6.23%
Canara Robeco Liquid Fund	0.46%	2.95%	6.71%	7.02%	5.68%	6.06%
Bank of India Liquid Fund	0.46%	2.98%	6.74%	7.06%	5.72%	6.17%
Mirae Asset Liquid Fund	0.45%	2.95%	6.67%	6.99%	5.68%	6.1%
JM Liquid Fund	0.45%	2.92%	6.59%	6.9%	5.63%	6.14%
Navi Liquid Fund	0.43%	2.83%	6.29%	6.65%	5.54%	6.04%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Franklin India Liquid Fund	0.16	0.32	3.15	4.58
Canara Robeco Liquid Fund	0.17	0.34	3.07	4.13
Bank of India Liquid Fund	0.16	0.34	3.38	4.24
Mirae Asset Liquid Fund	0.17	0.33	2.82	3.92
JM Liquid Fund	0.15	0.29	2.7	3.53
Navi Liquid Fund	0.15	0.23	1.1	1.45

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Franklin India Liquid Fund	N.A.	2,631 Cr	20 yrs 1 m	0.2%
Canara Robeco Liquid Fund	N.A.	6,399 Cr	17 yrs 3 m	0.21%
Bank of India Liquid Fund	N.A.	1,360 Cr	17 yrs 3 m	0.14%
Mirae Asset Liquid Fund	N.A.	11,368 Cr	16 yrs 9 m	0.19%
JM Liquid Fund	N.A.	1,621 Cr	27 yrs 10 m	0.26%
Navi Liquid Fund	N.A.	62 Cr	15 yrs 8 m	0.2%

View all Liquid funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.08 vs. 2.9 Underperformed at beating benchmark
Sharpe	3.15 vs. 2.94 Better risk-adjusted return
Beta	0.32 vs. 1.55 Less sensitive to market ups & downs
Standard deviation	0.16 vs. 0.15 More volatile performance

Compare Franklin India Liquid Fund in detail with

About this fund

About Franklin India Liquid Fund

Franklin India Liquid Fund is a Liquid mutual fund scheme from Franklin Templeton Mutual Fund. This fund has been in existence for 20 yrs 1 m, having been launched on 02/09/2005. Franklin India Liquid Fund has ₹2,631 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Franklin India Liquid Fund as of 20/10/2025 is ₹4000.22. The fund has an expense ratio of 0.2%, which is close to what most other Liquid funds charge.

Franklin India Liquid Fund returns of last 1-year are 6.81%. Since launch, it has delivered 7.12% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Franklin India Liquid Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is high.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Reserve Bank of India, Reliance Retail Ventures Ltd., Bank Of Baroda, Indian Oil Corporation Ltd., Canara Bank.

...

Fund AUM	2,631 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Rohan Maru

Mr. Maru is M.Com and MBA in Finance. Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential Mutual Fund, Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.

Pallab Roy

Mr. Roy is a M.Com and MBA (Finance). He has been associated with Franklin Templeton Investments since 2001.

Investment objective

The scheme aims to provide current income with high liquidity through 100% investment in debt and money market instruments.

Franklin Templeton Mutual Fund details

No. of schemes	34 view all schemes
Total AUM	1,23,581 Cr as on Sep 30, 2025
Address	Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211 Free Press Journal Marg, Nariman Point Mumbai, 400013
Phone	1800-425-4255 / 60004255

More funds from Franklin Templeton Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Franklin India Floating Rate Fund	N.A.	334 Cr	8.06%	7.87%
Franklin India Banking & PSU Debt Fund	N.A.	499 Cr	8.13%	7.63%
Franklin India Money Market Fund	N.A.	3,580 Cr	7.62%	7.51%
Franklin India Overnight Fund	N.A.	486 Cr	5.97%	6.35%
Franklin India Government Securities Fund	N.A.	168 Cr	5.98%	6.34%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Franklin India Liquid Fund?

The current Net Asset Value (NAV) of the Franklin India Liquid Fund plan is approximately ₹4000.219 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Franklin India Liquid Fund is a 20 yrs 1 m old fund and has delivered average annual returns of 7.12% since inception.

Franklin India Liquid Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.77%	7.01%	5.68%	6.23%	7.12%

How much does this mutual fund charge as expense ratio?

The Franklin India Liquid Fund has an expense ratio of 0.2%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Franklin India Liquid Fund currently has assets under management (AUM) or fund size valued at approximately 2,631 Cr as on Sep 30, 2025.

To whom does Franklin India Liquid Fund lend to?

The top 3 debt holdings of Franklin India Liquid Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	23.08%
Reliance Retail Ventures Ltd.	11.3%
Bank Of Baroda	9.4%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Franklin India Liquid Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	80.99479365%
SOV	23.08638156%
AAA	7.71319686%

What is risk level of Franklin India Liquid Fund?

This is a Liquid fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Franklin India Liquid Fund?

Redeeming your investments in the Franklin India Liquid Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Liquid

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Liquid funds in the last 10 Years.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.