Franklin India Ultra Short Duration Fund Direct Growth

Franklin India Ultra Short Duration Fund Direct Growth is a debt fund. This fund was started on 29 August, 2024. The fund is managed by Pallab Roy, Rahul Goswami, Rohan Maru. This fund is suitable to keep your money safe.

1. Franklin India Ultra Short Duration Fund Direct Growth has ₹308 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Franklin India Ultra Short Duration Fund Direct Growth has given a CAGR return of 7.82% since inception. Over the last 1 year the fund has given a CAGR return of 7.85%.

Franklin India Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Rec Limited, Small Industries Development Bank Of India, Union Bank Of India, HDFC Bank Limited, Punjab National Bank

As it is a ultra short duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

To provide a combination of regular income and high liquidity by investing primarily in a mix of short term debt and money market instruments. However, there is no assurance that the investment objective of the Scheme will be achieved

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Ultra Short Duration Fund Direct Growth has no lock in period.