| Launch date | 19 Aug 2024 |
| Allotment date | 29 Aug 2024 |
| End date | 28 Aug 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.28%
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.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Rahul GoswamiAug 2024 - PresentView details
Pallab RoyAug 2024 - PresentView details
Rohan MaruOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #11 in India |
|---|---|
| Total AUM | ₹1,25,162.29Cr |
| Date of Incorporation | 19 Feb 1996 |
|---|
Franklin India Ultra Short Duration 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 Ultra Short Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,25,162 Cr and the Latest NAV as of 12 May 2026 is ₹11.26. The Franklin India Ultra Short Duration Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. ;
Investment Objective
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 benchmark | NIFTY Ultra Short Duration Debt Index A-I |
|---|
Fund house contact details
Peer Comparison
| Debt, Ultra Short Duration funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Tata Ultra Short Term Fund Direct Growth | 4 | 6.8% | 7.5% | 5,712.94 |
Axis Ultra Short Duration Fund Direct Growth | 4 | 6.8% | 7.4% | 5,916.37 |
Invesco India Ultra Short Duration Fund Direct Growth | 4 | 6.6% | 7.3% | 1,073.27 |
UTI Ultra Short Duration Fund Direct Growth | 4 | 6.5% | 7.3% | 4,126.04 |
SBI Ultra Short Duration Fund Direct Growth | 4 | 6.4% | 7.2% | 12,552.96 |