Franklin India Money Market Fund Direct Growth

Franklin India Money Market Fund Direct Growth

Debt
Money Market
Low to Moderate Risk
+7.59%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 27 Feb '26
₹54.07
Min. for SIP
₹500
Fund size
₹3,898.47 Cr
Expense ratio
0.14%

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹61,772
+2.95%
3 years₹1,80,000₹2,00,113
+11.17%
5 years₹3,00,000₹3,56,395
+18.80%
10 years₹6,00,000₹8,41,062
+40.18%

Holdings (39)

NameSectorInstrumentsAssets
Export-Import Bank Of IndiaFinancialCD7.01%
Piramal Finance Ltd.FinancialCP6.99%
Reserve Bank of IndiaFinancialT-Bills5.74%
National Bank For Agriculture & Rural DevelopmentFinancialCD5.51%
HDFC Bank Ltd.FinancialCD4.92%
Union Bank of IndiaFinancialCD3.60%
National Bank For Agriculture & Rural DevelopmentFinancialCD3.59%
Small Industries Devp. Bank of India Ltd.FinancialCD2.99%
Axis Bank Ltd.FinancialCD2.80%
Punjab National BankFinancialCD2.67%
Tata Motors Finance Ltd.FinancialCP2.54%
Small Industries Devp. Bank of India Ltd.FinancialCP2.54%
Cholamandalam Investment and Finance Company Ltd.FinancialCP2.50%
Bank Of BarodaFinancialCD2.42%
Bank Of BarodaFinancialCD2.41%
Axis Bank Ltd.FinancialCD2.40%
Canara BankFinancialCD2.40%
Canara BankFinancialCD1.91%
HDFC Bank Ltd.FinancialCD1.91%
Kotak Mahindra Bank Ltd.FinancialCD1.91%
Muthoot Finance Ltd.FinancialCP1.87%
HDFC Bank Ltd.FinancialCD1.84%
Standard Chartered Investment & Loan India. Ltd.FinancialCP1.83%
Union Bank of IndiaFinancialCD1.81%
Cholamandalam Investment and Finance Company Ltd.FinancialCP1.79%
Kotak Mahindra Bank Ltd.FinancialCD1.28%
Reserve Bank of IndiaFinancialT-Bills1.28%
Bahadur Chand Investments Pvt. Ltd.FinancialCP1.27%
Indian BankFinancialCD1.27%
Punjab National BankFinancialCD1.27%
Small Industries Devp. Bank of India Ltd.FinancialCP1.27%
Small Industries Devp. Bank of India Ltd.FinancialCD1.20%
Indian BankFinancialCD1.02%
Rajasthan StateOthersSDL0.76%
Small Industries Devp. Bank of India Ltd.FinancialCD0.64%
Bank Of BarodaFinancialCD0.64%
HDFC Bank Ltd.FinancialCD0.64%
West Bengal StateOthersSDL0.13%
Axis Bank Ltd.FinancialCD0.13%
See All

Minimum investments

Min. for 1st investment
₹10,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+7.6%+6.3%+6.9%+7.5%
Category average (Debt Money Market)+7.2%+5.9%+6.5%--
Rank (Debt Money Market)6113--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.
Check past data

Compare similar funds

Fund management

RG
Rahul Goswami
Oct 2023 - Present
View details

CG
Chandni Gupta
Apr 2024 - Present
View details

Education
She holds B.E. degree in IT and CFA degree from CFA Institute, USA.
Experience
Prior to joining Franklin India Mutual Fund, she has worked with ICICI Prudential Asset Management Company Limited Morgan Stanley Investment Management, HSBC Bank, Standard Chartered Mutual Fund.

About Franklin India Money Market Fund Direct Growth

Franklin India Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 19 Feb 1996. Rahul Goswami is the Current Fund Manager of Franklin India Money Market Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,24,969 Cr and the Latest NAV as of 27 Feb 2026 is ₹54.07. The Franklin India Money Market Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹10,000. ;

Investment Objective

The Scheme seeks to provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market instruments.
Fund benchmarkNIFTY Money Market Index A-I

Fund house

Rank (total assets)#11 in India
Total AUM₹1,24,969.34 Cr
Date of Incorporation19 Feb 1996
Phone1800-425-4255 / 60004255
E-mailNA
Launch Date19 Feb 1996
AddressUnit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211Free Press Journal Marg, Nariman Point Mumbai 400013
CustodianHongkong & Shanghai Banking Corporation
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,