Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl
Debt
Direct
Money Market
NAV: ₹ 10.7 as on 07-06-2023
Fund Performance
About the Fund
Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 25 April, 2014. The fund is managed by Umesh Sharma, Pallab Roy. This fund is suitable to keep your money safe.
Key Parameters
- Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl has a NAV of ₹10.7 as on 07-06-2023.
- Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl has ₹1138 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
- The fund has an expense ratio 0.1.
Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl Overview
 | 0.09% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹1138 Cr |
 | 25 April, 2014 |
 | ₹10000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 75.7% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Government
43.6%
Cash Equivalent
29.8%
Corporate
26.6%
Top Holdings of Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl as on (31-May-23)
Debt Holdings19
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Call, Cash & Other Assets | 26.22% | 0% | |
182 DTB 02032023 | 5.47% | 0% | |
Chennai Petroleum Corporation Ltd | 4.57% | 0% | |
Tata Capital Financial Services Limited | 4.54% | 0% | |
Export-Import Bank Of India | 4.54% | 0% |
See all
Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.11% whereas the fund’s underlying benchmark Money Market Index returns stands at 0.41% as on Apr'23
- This fund underperformed Money Market Index by 0.30% in Apr'23
AUM Change
- AUM of the fund stands at 1.1K Cr as of Apr'23
- AUM increased by 138.6 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl Fund Manager
Umesh Sharma
Fund Manager of Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl, since 25 October 2018
Top funds managed
Pallab Roy
Fund Manager of Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl, since 25 June 2008
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.09% since inception which is more than its category average return of 4.91%
AUM size ₹1138 Cr
This fund has AUM of ₹1138 Cr which is less than its category average of ₹ 5059 Cr
Expense Ratio 0.09%
This fund has an expense ratio of 0.09% which is less than its category average expense ratio of 0.34%
Frequently Asked Questions
The current NAV of Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl is ₹10.73 as on 07-Jun-2023.
Existing (Absolute + CAGR) as on 07-Jun-2023.
Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.26% | 0.26% |
6 Month Returns | 1.37% | 1.37% |
1 Year Returns | 3.47% | 3.47% |
3 Years Returns | 10.5% | 3.38% |
5 Years Returns | 24.11% | 4.41% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.09% as on May 2023
₹1138 Cr as on May 2023
Call, Cash & Other Assets(26.22%), 182 DTB 02032023(5.47%), Chennai Petroleum Corporation Ltd(4.57%), Export-Import Bank Of India(4.54%), Tata Capital Financial Services Limited(4.54%) as on May 2023
Government(42.37%), Cash Equivalent(31.97%), Corporate(25.67%) as on May 2023
Yield to Maturity is 7.34 as on May 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.59 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Umesh Sharma, Pallab Roy are the fund managers of Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl
The Exit load of Franklin India Money Market Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl is 0%