Franklin India Ultra Short Duration Fund Direct Growth
NAV as on 29-04-2025
₹ 10.54
▲0.1%
1D
Inception Returns
5.4%
/yr
Historical NAV & Returns
About 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, Rohan Maru, Rahul Goswami. This fund is suitable to keep your money safe.
Key Parameters
- Franklin India Ultra Short Duration Fund Direct Growth has ₹227 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Franklin India Ultra Short Duration Fund Direct Growth has given a CAGR return of 5.36% since inception.
Holdings
Franklin India Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Small Industries Development Bank Of India, Punjab National Bank, Canara Bank, HDFC Bank Limited, National Bank for Agriculture and Rural Development
Taxation
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.
Investment objective of Franklin India Ultra Short Duration Fund Direct Growth
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 and lockin period
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.
Franklin India Ultra Short Duration Fund Direct Growth Overview
| Expense ratio | 0.25% |
Benchmark | NIFTY Ultra Short Dur Debt A-I |
| AUM | ₹227 Cr |
| Inception Date | 29 August, 2024 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 227.5 Cr as of Mar'25
- AUM decreased by 45.6 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Small Industries Development Bank Of India | 9.26% | 100% | |
Punjab National Bank | 9.21% | 0% | |
Canara Bank | 9.17% | 0% | |
HDFC Bank Limited | 9.17% | 0% | |
National Bank for Agriculture and Rural Development | 9.08% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Franklin India Ultra Short Duration Fund Direct Growth | - | - | - | 5.36% |
 Aditya Birla Sun Life Savings Fund Direct Plan Growth | 8.19% | 7.26% | 6.45% | 7.78% |
 Nippon India Ultra Short Duration Fund Direct Growth Option | 8.14% | 7.41% | 7.28% | 7.24% |
 ICICI Prudential Ultra Short Term Fund Direct Plan Growth | 7.95% | 7.24% | 6.51% | 8.07% |
Franklin India Ultra Short Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹227 Cr
Expense Ratio 0.25%
Frequently Asked Questions for Franklin India Ultra Short Duration Fund Direct Growth
Franklin India Ultra Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.83% | 0.83% |
6 Month Returns | 4.02% | 4.02% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
- 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.
AAA | 93.6 |
AA | 6.4 |