Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl
Debt
Direct
Overnight
NAV: ₹ 1000 as on 30-05-2023
Fund Performance
About the Fund
Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 10 May, 2019. The fund is managed by Umesh Sharma, Pallab Roy. This fund is suitable to keep your money safe.
Key parameters
1) Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl has a NAV of ₹1000 as on 30-05-2023.
2) Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl has ₹176 Cr worth of assets under management (AUM) as on 31-03-2023 and is less than category average.
3) The fund has an expense ratio 0.1 %.
Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl Overview
 | 0.1% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹176 Cr |
 | 10 May, 2019 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 0% |
Fund Distribution as on (30-Apr-23)
Sector Allocation
Cash Equivalent
100%
Top Holdings of Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl as on (30-Apr-23)
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Call, Cash & Other Assets | 100% | 0% |
Franklin India Overnight Fund Direct Daily 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 0.47% whereas the fund’s underlying benchmark Overnight Index returns stands at 0.41% as on Apr'23
- This fund outperformed Overnight Index by 0.06% in Apr'23
AUM Change
- AUM of the fund stands at 190.6 Cr as of Apr'23
- AUM increased by 32.6 Cr between Apr'23 and Mar'23
Peer Analysis
Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl Fund Manager
Umesh Sharma
Fund Manager of Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl, since 10 May 2019
Top funds managed
Pallab Roy
Fund Manager of Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl, since 10 May 2019
Top funds managed
Fund Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 3.59% since inception which is more than its category average return of 3.4%
AUM size ₹176 Cr
This fund has AUM of ₹176 Cr which is less than its category average of ₹ 3560 Cr
Expense Ratio 0.1%
This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.14%
Frequently Asked Questions
The current NAV of Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl is ₹1000 as on 30-May-2023.
Existing (Absolute + CAGR) as on 30-May-2023.
Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 3.13% | 3.13% |
1 Year Returns | 5.84% | 5.84% |
3 Years Returns | 11.95% | 3.83% |
5 Years Returns | 0% | 0% |
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.
0.1% as on April 2023
₹176 Cr as on April 2023
Yield to Maturity is 6.77 as on April 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 0.01 as on April 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
Umesh Sharma, Pallab Roy are the fund managers of Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl
The Exit load of Franklin India Overnight Fund Direct Daily Rnvstmnt of Inc Dist cum Cap Wdrl is 0%