Franklin India Ultra Short Duration Fund

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

The Franklin India Ultra Short Duration Fund is a 1 yrs 2 m old fund and has delivered average annual returns of 7.2% since inception. Franklin India Ultra Short Duration Fund Returns 1-Year Since Inception 7.11% 7.2%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹10.8347+0.05% 1 day change	7.2% p.a.	App exclusive #NA View Ranked Funds	₹294 Cr

Historical NAV & returns

NAV: ₹10.8347 as on Oct 20, 2025

This fund Category average

Franklin India Ultra Short Duration Fund overview

AUM (Fund size)	₹294 Cr
Exit load	0%
Lock-in Period	Nil
Age	1 yrs 2 m since Aug 19, 2024
Benchmark	NIFTY Ultra Short Duration Debt Index A-I
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	0.73% 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 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 Oct 24, 2025

Period	This fund	Category average
1 Month	0.47%	0.45%
3 Months	1.36%	1.32%
6 Months	3.21%	3.03%
1 Year	7.11%	6.83%

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+ 53.745688%

AAA 19.70486689%

AA 9.06677185%

SOV 8.85826865%

Top Debt Holdings

REC Ltd. 8.84%

Small Industries Devp. Bank of India Ltd. 8.43%

HDFC Bank Ltd. 8.41%

Union Bank of India 8.41%

Allocation by Instruments

Certificate of Deposit 45.34101425%

Cash Margin 20.43607673%

Debenture 19.935890179999998%

Non Convertible Debenture 8.83574856%

Other Holdings

Others 20.44%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Franklin India Ultra Short Duration Fund	0.47%	3.21%	7.11%	N.A.	N.A.	N.A.
ICICI Prudential Ultra Short Term Fund	0.48%	3.26%	7.2%	7.19%	5.93%	6.92%
Mahindra Manulife Ultra Short Duration Fund	0.45%	3.06%	6.95%	7.03%	5.63%	3.43%
WhiteOak Capital Ultra Short Duration Fund	0.41%	2.84%	6.52%	6.58%	5.38%	3.31%
HDFC Ultra Short Term Fund	0.48%	3.15%	7.08%	7.15%	5.78%	4.45%
HSBC Ultra Short Duration Fund	0.48%	3.13%	7.08%	7.16%	5.76%	3.27%

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	0.27	0.65	2.4	4.46
Mahindra Manulife Ultra Short Duration Fund	0.24	0.57	2.18	3.83
WhiteOak Capital Ultra Short Duration Fund	0.24	0.58	0.38	0.64
HDFC Ultra Short Term Fund	0.26	0.65	2.32	4.32
HSBC Ultra Short Duration Fund	0.26	0.64	2.47	4.16

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Franklin India Ultra Short Duration Fund	N.A.	294 Cr	1 yrs 2 m	0.73%
ICICI Prudential Ultra Short Term Fund	N.A.	14,697 Cr	14 yrs 6 m	0.8%
Mahindra Manulife Ultra Short Duration Fund	N.A.	208 Cr	6 yrs	0.7%
WhiteOak Capital Ultra Short Duration Fund	N.A.	531 Cr	6 yrs 5 m	1.03%
HDFC Ultra Short Term Fund	N.A.	16,700 Cr	7 yrs 1 m	0.7%
HSBC Ultra Short Duration Fund	N.A.	2,496 Cr	5 yrs 9 m	0.35%

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 is a Ultra Short Duration mutual fund scheme from Franklin Templeton Mutual Fund. This fund has been in existence for 1 yrs 2 m, having been launched on 19/08/2024. Franklin India Ultra Short Duration Fund has ₹294 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 Ultra Short Duration Fund as of 20/10/2025 is ₹10.83. The fund has an expense ratio of 0.73%, which is higher than what most other Ultra Short Duration funds charge.

Franklin India Ultra Short Duration Fund returns of last 1-year are 7.21%. Since launch, it has delivered 7.27% average annual returns.
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 REC Ltd., Small Industries Devp. Bank of India Ltd., HDFC Bank Ltd., Union Bank of India, Axis Bank Ltd..

...

Fund AUM	294 Cr as on Sep 30, 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	1,23,581 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	8.04%	7.86%
Franklin India Banking & PSU Debt Fund	N.A.	499 Cr	8.1%	7.6%
Franklin India Money Market Fund	N.A.	3,580 Cr	7.56%	7.49%
Franklin India Liquid Fund	N.A.	2,631 Cr	6.75%	7.01%
Franklin India Overnight Fund	N.A.	486 Cr	5.96%	6.34%
Franklin India Government Securities Fund	N.A.	168 Cr	6.01%	6.27%

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 plan is approximately ₹10.8347 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Franklin India Ultra Short Duration Fund is a 1 yrs 2 m old fund and has delivered average annual returns of 7.2% since inception.

Franklin India Ultra Short Duration Fund Returns

1-Year	Since Inception
7.11%	7.2%

How much does this mutual fund charge as expense ratio?

The Franklin India Ultra Short Duration Fund has an expense ratio of 0.73%, 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 294 Cr as on Sep 30, 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.	8.84%
Small Industries Devp. Bank of India Ltd.	8.43%
HDFC Bank Ltd.	8.41%

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+	53.745688%
AAA	19.70486689%
AA	9.06677185%

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 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.