Franklin India Money Market Fund Direct Growth

Franklin India Money Market Fund Direct Growth

Debt
Money Market
Low to Moderate Risk
+7.58%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Jan '26
₹53.67
Min. SIP amount
₹500
Fund size
₹3,830.50 Cr
Expense ratio
0.13%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹61,794
+2.99%
3 years₹1,80,000₹2,00,268
+11.26%
5 years₹3,00,000₹3,56,244
+18.75%
10 years₹6,00,000₹8,41,180
+40.20%

Holdings (52)

NameSectorInstrumentsAssets
Export-Import Bank Of IndiaFinancialCD7.11%
Piramal Finance Ltd.FinancialCP7.11%
Reserve Bank of IndiaFinancialT-Bills5.82%
Canara BankFinancialCD5.17%
Small Industries Devp. Bank of India Ltd.FinancialCD4.54%
Reserve Bank of IndiaFinancialT-Bills4.51%
HDFC Bank Ltd.FinancialCD3.12%
Axis Bank Ltd.FinancialCD2.84%
Punjab National BankFinancialCD2.71%
Union Bank of IndiaFinancialCD2.60%
National Bank For Agriculture & Rural DevelopmentFinancialCD2.60%
Hero FinCorp Ltd.FinancialCP2.60%
Tata Motors Finance Ltd.FinancialCP2.58%
Small Industries Devp. Bank of India Ltd.FinancialCP2.58%
Cholamandalam Investment and Finance Company Ltd.FinancialCP2.54%
Bank Of BarodaFinancialCD2.46%
LIC Housing Finance Ltd.FinancialCP1.95%
IDBI Bank Ltd.FinancialCD1.95%
Canara BankFinancialCD1.95%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.95%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.94%
Canara BankFinancialCD1.94%
HDFC Bank Ltd.FinancialCD1.94%
Kotak Mahindra Bank Ltd.FinancialCD1.94%
Muthoot Finance Ltd.FinancialCP1.90%
Standard Chartered Investment & Loan India. Ltd.FinancialCP1.86%
Union Bank of IndiaFinancialCD1.84%
Punjab National BankFinancialCD1.30%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.30%
Kotak Mahindra Bank Ltd.FinancialCD1.30%
HDFC Bank Ltd.FinancialCD1.30%
Bank Of BarodaFinancialCD1.30%
Kotak Mahindra Bank Ltd.FinancialCD1.30%
ICICI Securities Ltd.FinancialCP1.29%
Reserve Bank of IndiaFinancialT-Bills1.29%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.29%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.29%
Bahadur Chand Investments Pvt. Ltd.FinancialCP1.29%
Indian BankFinancialCD1.29%
Punjab National BankFinancialCD1.29%
Small Industries Devp. Bank of India Ltd.FinancialCP1.29%
Indian BankFinancialCD1.03%
Rajasthan StateOthersSDL0.77%
Reserve Bank of IndiaFinancialT-Bills0.65%
Bank Of BarodaFinancialCD0.65%
HDFC Bank Ltd.FinancialCD0.64%
Assam StateOthersSDL0.54%
Reserve Bank of IndiaFinancialT-Bills0.52%
Reserve Bank of IndiaFinancialT-Bills0.26%
West Bengal StateOthersSDL0.13%
Axis Bank Ltd.FinancialCD0.13%
Reserve Bank of IndiaFinancialT-Bills0.03%
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%+6.2%+6.9%+7.5%
Category average (Debt Money Market)+7.2%+5.9%+6.5%--
Rank (Debt Money Market)4113--

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 ₹1,26,065 Cr and the Latest NAV as of 16 Jan 2026 is ₹53.67. 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₹1,26,065.13 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,