Franklin India Ultra Short Duration Fund Direct-Growth

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹10.6176-0.01% 1 day change	6.18%	#NA View Ranked Funds	₹258 Crs

Historical NAV & returns

NAV: ₹10.6176 as on Jun 05, 2025

This fund Category average

Franklin India Ultra Short Duration Fund overview

Expense ratio	0.26% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹258 Crs
Lock-in	No Lockin
Age	9 m since Aug 19, 2024
Benchmark	NIFTY Ultra Short Duration Debt Index A-I
Min. investment	This scheme is currently not buyable
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 Jun 01, 2025

Period	This fund	Category average
1 Month	0.63%	0.66%
3 Months	2.29%	2.25%
6 Months	4.03%	3.98%

Asset allocationas on Apr 30, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 66.87633761%

SOV 9.63181125%

Cash & Call Money 9.22583692%

AA+ 8.11185497%

Top Debt Holdings

Small Industries Devp. Bank of India Ltd. 9.31%

Punjab National Bank 9.26%

HDFC Bank Ltd. 9.22%

Canara Bank 9.22%

Allocation by Instruments

Certificate of Deposit 55.4152982%

Debenture 14.024863719999999%

Cash Margin 13.55776982%

Commercial Paper 11.46103941%

Other Holdings

Others 9.23%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Franklin India Ultra Short Duration Fund	N.A.	₹258 Crs	9 m	0.26%
ICICI Prudential Ultra Short Term Fund	N.A.	₹15,092 Crs	12 yrs 5 m	0.39%
Axis Ultra Short Duration Fund	N.A.	₹6,122 Crs	6 yrs 9 m	0.36%
Sundaram Ultra Short Duration Fund	N.A.	₹2,091 Crs	12 yrs 5 m	0.23%
WhiteOak Capital Ultra Short Duration Fund	N.A.	₹457 Crs	6 yrs	0.47%
Tata Ultra Short Term Fund	N.A.	₹4,817 Crs	6 yrs 4 m	0.28%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Franklin India Ultra Short Duration Fund	0.63%	4.03%	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Ultra Short Term Fund	0.73%	4.11%	8.08%	7.47%	6.53%	7.76%
Axis Ultra Short Duration Fund	0.69%	4.08%	8.11%	7.5%	6.28%	4.51%
Sundaram Ultra Short Duration Fund	0.66%	4.02%	7.98%	7.37%	5.99%	6.23%
WhiteOak Capital Ultra Short Duration Fund	0.61%	3.85%	7.62%	7.05%	5.85%	3.44%
Tata Ultra Short Term Fund	0.66%	4.1%	8.1%	7.43%	6.07%	4.02%

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	0.32	0.77	2.78	4.14
Axis Ultra Short Duration Fund	0.32	0.77	2.97	4.23
Sundaram Ultra Short Duration Fund	0.31	0.73	2.62	3.77
WhiteOak Capital Ultra Short Duration Fund	0.3	0.72	1.7	2.13
Tata Ultra Short Term Fund	0.32	0.76	2.73	3.58

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.

Compare Franklin India Ultra Short Duration Fund in detail with

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 9 m, having been launched on 19/08/2024. Franklin India Ultra Short Duration Fund Direct-Growth has ₹258 Crores worth of assets under management (AUM) as on 31/03/2025 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 05/06/2025 is ₹10.62. The fund has an expense ratio of 0.26%, which is close to what most other Ultra Short Duration funds charge.

The fund's credit profile is high indicating it has lent to borrowers whose quality is great. 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 Small Industries Devp. Bank of India Ltd., Punjab National Bank, HDFC Bank Ltd., Canara Bank, National Bank For Agriculture & Rural Development.

...

Fund AUM	₹258 Crs as on Mar 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	35 view all schemes
Total AUM	₹1,08,219 Crs as on Mar 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 (in Crs.)	1Y	3Y
Franklin India Floating Rate Fund	N.A.	₹323 Crs	10.3%	8.67%
Franklin India Corporate Debt Fund	N.A.	₹771 Crs	11.23%	8.28%
Franklin India Banking & PSU Debt Fund	N.A.	₹545 Crs	9.58%	7.82%
Franklin India Government Securities Fund	N.A.	₹153 Crs	10.32%	7.66%
Franklin India Money Market Fund	N.A.	₹3,277 Crs	8.37%	7.5%
Franklin India Liquid Fund	N.A.	₹3,378 Crs	7.35%	7.01%

See all Debt funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Franklin India Ultra Short Duration Fund - Direct Growth plan is approximately ₹10.6176 as of Jun 05, 2025.

How much does this mutual fund charge as expense ratio?

The Franklin India Ultra Short Duration Fund - Direct Growth has an expense ratio of 0.26%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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 ₹258 Crs crore as of Mar 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
Small Industries Devp. Bank of India Ltd.	9.31%
Punjab National Bank	9.26%
HDFC Bank Ltd.	9.22%

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+	66.87633761%
SOV	9.63181125%
Cash & Call Money	9.22583692%

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?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in 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 Franklin India Ultra Short Duration Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Franklin India Ultra Short Duration Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Ultra Short Duration

#NA

Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.