Franklin India Ultra Short Duration Fund Direct-Growth

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹11.0672+0.06% 1 day change	7.33% p.a.	App exclusive #NA View Ranked Funds	₹276 Cr

Historical NAV & returns

NAV: ₹11.0672 as on Feb 02, 2026

This fund Category average

Franklin India Ultra Short Duration Fund overview

Expense ratio	0.28% as on Jan 31, 2026
Exit load	0%
AUM (Fund size)	₹276 Cr
Lock-in Period	Nil
Age	1 yrs 5 m since Aug 19, 2024
Benchmark	NIFTY Ultra Short Duration Debt Index A-I
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Franklin India Ultra Short Duration 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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.36%	0.31%
3 Months	1.36%	1.18%
6 Months	2.93%	2.68%
1 Year	7.26%	6.78%

Asset allocationas on Dec 31, 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+ 55.13388621%

AAA 22.80728134%

SOV 13.10825594%

AA 9.88647851%

Top Debt Holdings

REC Ltd. 9.56%

National Bank For Agriculture & Rural Development 9.04%

Bank Of Baroda 8.99%

Punjab National Bank 8.96%

Allocation by Instruments

Certificate of Deposit 43.10907887%

Debenture 23.13493724%

Cash Margin 18.137309%

Commercial Paper 12.02480734%

Other Holdings

Others 18.14%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Franklin India Ultra Short Duration Fund	0.36%	2.93%	7.26%	N.A.	N.A.	N.A.
ICICI Prudential Ultra Short Term Fund	0.31%	2.94%	7.22%	7.51%	6.5%	7.52%
Mirae Asset Ultra Short Duration Fund	0.27%	2.86%	7.06%	7.47%	6.26%	3.2%
Sundaram Ultra Short Duration Fund	0.3%	2.8%	6.96%	7.37%	6.22%	6.07%
WhiteOak Capital Ultra Short Duration Fund	0.24%	2.61%	6.58%	7.04%	6.11%	3.83%
Mahindra Manulife Ultra Short Duration Fund	0.28%	2.78%	6.9%	7.35%	6.19%	3.85%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Franklin India Ultra Short Duration Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Ultra Short Term Fund	0.31	0.45	3.55	4.97
Mirae Asset Ultra Short Duration Fund	0.32	0.49	3.4	4.09
Sundaram Ultra Short Duration Fund	0.32	0.46	3.11	4.13
WhiteOak Capital Ultra Short Duration Fund	0.31	0.49	2.15	2.5
Mahindra Manulife Ultra Short Duration Fund	0.31	0.48	3.11	3.67

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Franklin India Ultra Short Duration Fund	N.A.	276 Cr	1 yrs 5 m	0.28%
ICICI Prudential Ultra Short Term Fund	N.A.	16,907 Cr	13 yrs 1 m	0.39%
Mirae Asset Ultra Short Duration Fund	N.A.	2,067 Cr	5 yrs 4 m	0.16%
Sundaram Ultra Short Duration Fund	N.A.	1,996 Cr	13 yrs 1 m	0.24%
WhiteOak Capital Ultra Short Duration Fund	N.A.	574 Cr	6 yrs 8 m	0.51%
Mahindra Manulife Ultra Short Duration Fund	N.A.	219 Cr	6 yrs 3 m	0.28%

View all Ultra Short Duration funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

About this fund

About Franklin India Ultra Short Duration Fund

Franklin India Ultra Short Duration Fund Direct-Growth is a Ultra Short Duration mutual fund scheme from Franklin Templeton Mutual Fund. This fund has been in existence for 1 yrs 5 m, having been launched on 19/08/2024. Franklin India Ultra Short Duration Fund Direct-Growth has ₹276 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Franklin India Ultra Short Duration Fund Direct-Growth as of 02/02/2026 is ₹11.07. The fund has an expense ratio of 0.28%, which is close to what most other Ultra Short Duration funds charge.

Franklin India Ultra Short Duration Fund Direct-Growth returns of last 1-year are 7.28%. Since launch, it has delivered 7.35% average annual returns.
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 better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in REC Ltd., National Bank For Agriculture & Rural Development, Bank Of Baroda, Punjab National Bank, HDFC Bank Ltd..

...

Fund AUM	276 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Rahul Goswami

Mr. Goswami is a B. Sc (Mathematics and MBA (Finance) Prior to joining Franklin Templeton Mutual Fund, he has worked with ICICI Prudential AMC , UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.

Pallab Roy

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

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.

Investment objective

The scheme seeks to to provide a combination of regular income and high liquidity by investing primarily in a mix of short term debt and money market instruments.

Franklin Templeton Mutual Fund details

No. of schemes	34 view all schemes
Total AUM	1,28,113 Cr as on Dec 31, 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.	305 Cr	8.35%	8.49%
Franklin India Banking & PSU Debt Fund	N.A.	485 Cr	7.67%	7.66%
Franklin India Money Market Fund	N.A.	3,830 Cr	7.35%	7.56%
Franklin India Liquid Fund	N.A.	2,640 Cr	6.5%	7.02%
Franklin India Government Securities Fund	N.A.	187 Cr	5.01%	6.35%
Franklin India Overnight Fund	N.A.	471 Cr	5.7%	6.35%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Franklin India Ultra Short Duration Fund Direct-Growth?

The current Net Asset Value (NAV) of the Franklin India Ultra Short Duration Fund - Direct Growth plan is approximately ₹11.0672 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Franklin India Ultra Short Duration Fund Direct-Growth is a 1 yrs 5 m old fund and has delivered average annual returns of 7.33% since inception.

Franklin India Ultra Short Duration Fund Direct-Growth Returns

1-Year	Since Inception
7.26%	7.33%

How much does this mutual fund charge as expense ratio?

The Franklin India Ultra Short Duration Fund - Direct Growth has an expense ratio of 0.28%, 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 Ultra Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 276 Cr as on Dec 31, 2025.

To whom does Franklin India Ultra Short Duration Fund lend to?

The top 3 debt holdings of Franklin India Ultra Short Duration Fund are as follows

Holding Name	Percentage of Portfolio
REC Ltd.	9.56%
National Bank For Agriculture & Rural Development	9.04%
Bank Of Baroda	8.99%

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 Ultra Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	55.13388621%
AAA	22.80728134%
SOV	13.10825594%

What is risk level of Franklin India Ultra Short Duration Fund?

This is a Ultra Short Duration 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 do I invest in Franklin India Ultra Short Duration Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Franklin India Ultra Short Duration Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Franklin India Ultra Short Duration Fund is complete.

How can I redeem my investments in Franklin India Ultra Short Duration Fund?

Redeeming your investments in the Franklin India Ultra Short Duration 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 Ultra Short Duration

#NA

Return Outperformance: This fund has generated highest return amongst Ultra Short Duration funds in the last 1 Year.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.