March 21, 2024
mayank
Franklin India Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 3,618.0853
Weekly NAV IDCW: Rs 1,021.9933
NAV IDCW Daily: Rs 1,001.6033
Suitable For Which Investors?
“Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme aims to provide current income with high liquidity through 100% investment in debt and money market instruments.
Fund Manager:
1) Pallab Roy
Education: Mr. Roy is a M.Com and MBA (Finance).
Experience: He has been associated with Franklin Templeton Investments since 2001.
2) Umesh Sharma
Education: Mr. Sharma is a B.Com (H), CS and CA.
Experience: Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
Investment Details
| Min. Investment (Rs) | 10,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | Exit load of 0.0070% if redeemed within 1 day |
| 0.0065% if redeemed within 2 days | |
| 0.0060% if redeemed within 3 days | |
| 0.0055% if redeemed within 4 days | |
| 0.0050% if redeemed within 5 days | |
| 0.0045% if redeemed within 6 days. |
Basic Details
| Fund House | Franklin Templeton Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.91% |
| Benchmark | CRISIL Liquid Debt B-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 2,337 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.13% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | Average |
Trailing Returns (%) of Franklin India Liquid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India Liquid Dir | 1.61 | 0.02 | 0.59 | 1.85 | 3.61 | 7.24 | 5.41 | 5.32 | 5.86 | 6.61 |
| CCIL T Bill Liquidity Weight | 1.00 | 0.02 | 0.38 | 1.14 | 2.30 | 4.71 | 3.21 | 3.27 | 3.53 | 4.02 |
| Debt: Liquid | 1.60 | 0.02 | 0.58 | 1.84 | 3.59 | 7.23 | 5.39 | 5.21 | 5.75 | 6.48 |
| Rank within category | 22 | 21 | 18 | 23 | 23 | 26 | 21 | 5 | 4 | 2 |
| Number of funds in category | 36 | 37 | 37 | 36 | 36 | 35 | 34 | 33 | 30 | 29 |
Peer Comparison of Franklin India Liquid Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Franklin India Liquid Dir | 3 star | 7.24 | 5.41 | 5.32 | 0.13 | 2,337 | 6.91 | 0.01 (1) | 11Y 2M |
| ABSL Liquid Dir | 5 star | 7.35 | 5.48 | 5.34 | 0.21 | 43,962 | 6.89 | 0.01 (1) | 11Y 2M |
| Axis Liquid Dir | 4 star | 7.32 | 5.46 | 5.29 | 0.17 | 33,841 | 6.85 | 0.01 (1) | 11Y 2M |
| UTI Liquid Dir | 4 star | 7.31 | 5.45 | 5.28 | 0.18 | 26,477 | 6.81 | 0.01 (1) | 11Y 2M |
| Mirae Asset Liquid Dir | 4 star | 7.32 | 5.45 | 5.28 | 0.12 | 12,303 | 6.67 | 0.01 (1) | 11Y 2M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 37 | 64 |
| Macaulay Duration (yrs) | 0.10 | 0.10 |
| Average Maturity (yrs) | 0.10 | 0.09 |
| Yield to Maturity (%) | 7.35 | 7.27 |
| Avg Credit Rating | AAA | — |
How to Invest in Franklin India Liquid Fund?
Chanakya’s Mutual Fund Guidance For Franklin India Liquid Fund
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