Franklin India Overnight Fund Direct Growth

Debt
Overnight
Low Risk
5.79%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Nov 2024₹1,297.72
Min. SIP amount₹500
Rating2
Fund size₹476.58Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Overnight
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.7%5.8%4.8%4.9%
Category average6.6%5.8%4.8%NA
Rank with in category282522NA
Understand terms

Peer Comparison

Holdings (3)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills1.05%
Reserve Bank of India
FinancialT-Bills1.05%
Reserve Bank of India
FinancialT-Bills0.84%

Pros and cons

Category: Debt Overnight

Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Exit load is zero
Lower expense ratio: 0.1%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Higher alpha: 1.23 The fund has generated returns higher than benchmark - NIFTY 1D Rate Index - in the last 3Y

Cons

Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.10%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Rohan Maru
Oct 2024 - Present
View details

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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211Free Press Journal Marg, Nariman Point Mumbai 400013
Phone
1800-425-4255 / 60004255
Launch Date
19 Feb 1996
Franklin Templeton Mutual Fund
Asset Management Company
Custodian
Hongkong & Shanghai Banking Corporation
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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