Franklin India Ultra Short Duration Fund Direct Growth
Debt
Direct
Ultra Short Duration
NAV as on 08-10-2024
₹ 10.09
Inception Returns
0.9%
/yr
About the Fund
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 . This fund is suitable to keep your money safe.
Key Parameters
- Franklin India Ultra Short Duration Fund Direct Growth has ₹567 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 0.90% 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 5.22% Govt Stock 2025, PNb Housing Finance Limited, National Housing Bank, 7.72% Govt Stock 2028, Small Industries Development Bank Of India
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:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.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.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.26% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹567 Cr |
| Inception Date | 29 August, 2024 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (08-Oct-24)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 5.22% Govt Stock 2025 | 11.53% | 0% | |
PNb Housing Finance Limited | 6% | 0% | |
National Housing Bank | 5.99% | 0% | |
7.72% Govt Stock 2028 | 5.98% | 0% | |
Small Industries Development Bank Of India | 5.88% | 100% |
Franklin India Ultra Short Duration Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.26%
Frequently Asked Questions
Franklin India Ultra Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.73% | 0.73% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 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 | 100 |