May 17, 2025
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Franklin India Ultra Short Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.5703
NAV IDCW: Rs 10.5703
Suitable For Which Investors?
“Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
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 the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme seeks to to provide a combination of regular income and high liquidity by investing primarily in a mix of short term 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) Rahul Goswami
Education: Mr. Goswami is a B. Sc (Mathematics and MBA (Finance)
Experience: Prior to joining Franklin Templeton Mutual Fund, he has worked with ICICI Prudential AMC , UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.
3) Rohan Maru
Education: Mr. Maru is M.Com and MBA in Finance.
Experience: Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential Mutual Fund, Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.
Investment Details
| Min. Investment (Rs) | 5,000 |
| 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 | 0 |
Basic Details of Franklin India Ultra Short Duration Fund
| Fund House | Franklin Templeton Mutual Fund |
| Launch Date | 29-Aug-24 |
| Return Since Launch | 5.70% |
| Benchmark | NIFTY Ultra Short Duration Debt Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 258 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.25% |
| (As on 30-Apr-2025) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of Franklin India Ultra Short Duration Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India Ultra Short Duration Dir | 3.10 | 0.02 | 0.60 | 2.20 | 3.99 | — | — | — | — | — |
| CCIL T Bill Liquidity Weight | 2.08 | 0.04 | 0.45 | 1.38 | 2.53 | — | — | — | — | — |
| Debt: Ultra Short Duration | 3.02 | 0.03 | 0.59 | 2.12 | 3.93 | — | — | — | — | — |
| Rank within category | 4 | 19 | 6 | 5 | 8 | — | — | — | — | — |
| Number of funds in category | 26 | 30 | 29 | 26 | 25 | 24 | 24 | 22 | 12 | 11 |
Peer Comparison of Franklin India Ultra Short Duration 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 Ultra Short Duration Dir | Unrated | — | — | — | 0.25 | 258 | 5.70 | — | 8M |
| ICICI Pru Ultra Short Term Dir | 4 star | 8.01 | 7.39 | 6.59 | 0.39 | 15,092 | 8.05 | — | 12Y 4M |
| Nippon India Ultra Short Duration Dir | 5 star | 8.17 | 7.56 | 7.39 | 0.38 | 8,767 | 7.24 | — | 12Y 4M |
| Axis Ultra Short Duration Dir | 4 star | 8.04 | 7.43 | 6.28 | 0.36 | 6,122 | 6.77 | — | 6Y 8M |
| Tata Ultra Short Term Dir | 4 star | 8.04 | 7.36 | 6.07 | 0.26 | 4,817 | 6.36 | — | 6Y 3M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 17 | 58 |
| Macaulay Duration (yrs) | 0.47 | 0.45 |
| Average Maturity (yrs) | 0.75 | 0.51 |
| Yield to Maturity (%) | 6.80 | 6.80 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Franklin India Ultra Short Duration Fund
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