Franklin India Money Market Fund Direct Monthly Payout of Inc Dist cum Cap Wdrl

Franklin India Money Market Fund Direct Monthly Payout of Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 25 April, 2014. The fund is managed by Rohan Maru, Chandni Gupta, Rahul Goswami. This fund gives you the benefit of diversification.

1. Franklin India Money Market Fund Direct Monthly Payout of Inc Dist cum Cap Wdrl has ₹3580 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Franklin India Money Market Fund Direct Monthly Payout of Inc Dist cum Cap Wdrl has given a CAGR return of 6.63% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.76%, 7.65% and 7.63% respectively.

Franklin India Money Market Fund Direct Monthly Payout of Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government.

As it is a money market mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market instruments.

Minimum investment for lump sum payment is INR 10000.00 and for SIP is INR 500.00. Franklin India Money Market Fund Direct Monthly Payout of Inc Dist cum Cap Wdrl has no lock in period.