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franklin india money market fund direct growth
Franklin India Money Market Fund Direct Growth

Franklin India Money Market Fund Direct Growth

  • Low to Moderate Risk
  • Fixed Income
  • Money Market
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NAV as on Nov 26, 2025
i
Price per unit of the scheme.
₹ 53.27080.02%1 Day Change
0.57%
Minimum Investment₹10000
Expense Ratio0.09%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
4
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Franklin India Money Market Fund Direct Growth
VS
Fixed Income: Money Market Average NAV
    Topper in Fixed Income: Money Market
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Franklin India Money Market Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    Nifty Money Market TR INR
    Expense Ratio
    0.09%
    Category Avg Expense Ratio
    0.21%
    Minimum Investment (Lumpsum/SIP)
    ₹ 10000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 4,440.18 Cr(As on Oct, 2025)
    Inception Date
    Jan 01, 2013
    Turnover
    - %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    Objective: To provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market instruments.

    Franklin India Money Market Fund Direct Growth is an Fixed Income - Money Market fund. The fund was launched inJan 01, 2013. Its risk level is . The NAV of the fund as onNov 26, 2025 is ₹53.27. Its expense ratio is 0.09 %. The fund has an AUM of ₹4,440.18 Cr.The fund is managed byUmesh Sharma,Pallab Roy,Rahul Goswami,Chandni Gupta,Rohan Maru.
    The minimum initial investment is  ₹10000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Umesh Sharma
    Umesh Sharma
    i
    Lead Fund Manager.
    Oct 25, 2018 - Present
    • Fund Manager Rank10Out of 23
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed14
    • Total AUM₹ 17,013.24 Cr
    • Highest Return In 1 Yr308.96 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Franklin India Equity Hybrid Fund Direct Growth
    ₹ 318.28
    0.86%
    -0.21%
    Very High Risk
    ₹2,354.76Cr
    Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth
    --
    ₹ 3.21
    258.95%
    -%
    Low Risk
    ₹29.52Cr
    Franklin India Banking & PSU Debt Fund Direct Growth
    ₹ 24.18
    0.71%
    0.49%
    Moderate Risk
    ₹499.09Cr
    Franklin India Equity Hybrid Fund Direct Growth
    Very High Risk
    • NAV₹ 318.28
    • Fund Size₹2,354.76Cr
    Fund Return0.86%
    Category Return-0.21%
    Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth
    Low Risk--
    • NAV₹ 3.21
    • Fund Size₹29.52Cr
    Fund Return258.95%
    Category Return--
    Franklin India Banking & PSU Debt Fund Direct Growth
    Moderate Risk
    • NAV₹ 24.18
    • Fund Size₹499.09Cr
    Fund Return0.71%
    Category Return0.49%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Rohan Maru
    Rohan Maru
    i
    Lead Fund Manager.
    Oct 10, 2024 - Present
    • Fund Manager Rank10Out of 23
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed16
    • Total AUM₹ 1,56,284.61 Cr
    • Highest Return In 1 Yr13.78 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ICICI Prudential Savings Fund Direct Plan Growth
    ₹ 567.56
    0.70%
    0.50%
    Low to Moderate Risk
    ₹28,908.38Cr
    ICICI Prudential Equity Arbitrage Fund Direct Plan Growth
    --
    ₹ 37.71
    0.53%
    0.53%
    Low Risk
    ₹32,195.64Cr
    ICICI Prudential US Bluechip Equity Fund Direct Plan Growth
    --
    ₹ 78.96
    2.31%
    -%
    Very High Risk
    ₹3,395.60Cr
    ICICI Prudential Savings Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 567.56
    • Fund Size₹28,908.38Cr
    Fund Return0.70%
    Category Return0.50%
    ICICI Prudential Equity Arbitrage Fund Direct Plan Growth
    Low Risk--
    • NAV₹ 37.71
    • Fund Size₹32,195.64Cr
    Fund Return0.53%
    Category Return0.53%
    ICICI Prudential US Bluechip Equity Fund Direct Plan Growth
    Very High Risk--
    • NAV₹ 78.96
    • Fund Size₹3,395.60Cr
    Fund Return2.31%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Pallab Roy
    Pallab Roy
    i
    Lead Fund Manager.
    Jun 25, 2008 - Present
    • Schemes managed8
    • Total AUM₹ 10,118.91 Cr
    • Highest Return In 1 Yr13.78 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Franklin India Floating Rate Direct Growth
    ₹ 45.85
    0.67%
    0.59%
    Low to Moderate Risk
    ₹326.53Cr
    Franklin India Liquid Super Institutional Plan Direct Growth
    --
    ₹ 4,058.00
    0.49%
    0.39%
    Low to Moderate Risk
    ₹3,235.91Cr
    Franklin India Money Market Fund Direct Growth
    ₹ 53.27
    0.57%
    0.46%
    Low to Moderate Risk
    ₹4,440.18Cr
    Franklin India Floating Rate Direct Growth
    Low to Moderate Risk
    • NAV₹ 45.85
    • Fund Size₹326.53Cr
    Fund Return0.67%
    Category Return0.59%
    Franklin India Liquid Super Institutional Plan Direct Growth
    Low to Moderate Risk--
    • NAV₹ 4,058.00
    • Fund Size₹3,235.91Cr
    Fund Return0.49%
    Category Return0.39%
    Franklin India Money Market Fund Direct Growth
    Low to Moderate Risk
    • NAV₹ 53.27
    • Fund Size₹4,440.18Cr
    Fund Return0.57%
    Category Return0.46%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Rahul Goswami
    Rahul Goswami
    i
    Lead Fund Manager.
    Oct 6, 2023 - Present
    • Schemes managed8
    • Total AUM₹ 9,035.77 Cr
    • Highest Return In 1 Yr13.78 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ICICI Prudential Fixed Maturity Plan 85 1114 Days V Direct Cumulative
    --
    --
    -%
    -%
    Moderate Risk
    ₹0.00Cr
    Franklin India Money Market Fund Direct Growth
    ₹ 53.27
    0.57%
    0.46%
    Low to Moderate Risk
    ₹4,440.18Cr
    Franklin India Government Securities Fund Direct Growth
    ₹ 65.12
    0.44%
    0.14%
    Low to Moderate Risk
    ₹172.63Cr
    ICICI Prudential Fixed Maturity Plan 85 1114 Days V Direct Cumulative
    Moderate Risk--
    • NAV--
    • Fund Size₹0.00Cr
    Fund Return--
    Category Return--
    Franklin India Money Market Fund Direct Growth
    Low to Moderate Risk
    • NAV₹ 53.27
    • Fund Size₹4,440.18Cr
    Fund Return0.57%
    Category Return0.46%
    Franklin India Government Securities Fund Direct Growth
    Low to Moderate Risk
    • NAV₹ 65.12
    • Fund Size₹172.63Cr
    Fund Return0.44%
    Category Return0.14%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Chandni Gupta
    Chandni Gupta
    i
    Lead Fund Manager.
    Apr 30, 2024 - Present
    • Schemes managed19
    • Total AUM₹ 43,518.71 Cr
    • Highest Return In 1 Yr13.59 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct Growth
    --
    ₹ 12.71
    0.50%
    -%
    Moderate Risk
    ₹1,606.61Cr
    ICICI Prudential Nifty G-Sec Dec 2030 Index Fund Direct Growth
    --
    ₹ 13.00
    0.67%
    -%
    Moderate Risk
    ₹893.51Cr
    ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth
    ₹ 35.13
    0.75%
    0.49%
    Low to Moderate Risk
    ₹9,764.38Cr
    ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct Growth
    Moderate Risk--
    • NAV₹ 12.71
    • Fund Size₹1,606.61Cr
    Fund Return0.50%
    Category Return--
    ICICI Prudential Nifty G-Sec Dec 2030 Index Fund Direct Growth
    Moderate Risk--
    • NAV₹ 13.00
    • Fund Size₹893.51Cr
    Fund Return0.67%
    Category Return--
    ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 35.13
    • Fund Size₹9,764.38Cr
    Fund Return0.75%
    Category Return0.49%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Nov, 2025
    EQUITY (-%)
    DEBT (8.97%)
    CASH (90.83%)
    Allocation by Market Cap
    Other Cap(0.20%)
    Industry Holdings
    • -%
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      0.00
      This Fund
      VS
      -0.46
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      86.24
      This Fund
      VS
      62.78
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      1.75
      This Fund
      VS
      1.63
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      2.66
      This Fund
      VS
      1.19
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      26.72
      This Fund
      VS
      9.16
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      0.34
      This Fund
      VS
      0.51
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Franklin Templeton Asst Mgmt(IND)Pvt Ltd
    Franklin Templeton Asst Mgmt(IND)Pvt Ltd manages assets worth ₹ 1,20,502.81 crores. It’s current offering of mutual fund schemes includes 17 equity, 19 debt and 7 hybrid schemes.
    phone icon
    Phone
    +91 22 - 67519100
    mail icon
    Email
    aum
    AUM
    ₹ 1,20,502.81 Cr (
    As on Oct 31, 2025
    )
    location
    Address
    Senapati Bapat Marg, Elphinstone Road (West), Mumbai Mumbai,400 013

    bt_logoFAQ's

    What is the category of Franklin India Money Market Fund Direct Growth ?
    The category of Franklin India Money Market Fund Direct Growth is Fixed Income - Money Market
    What is the current NAV of Franklin India Money Market Fund Direct Growth ?
    The current NAV of Franklin India Money Market Fund Direct Growth as on Nov 26, 2025 is ₹53.27
    How safe is Franklin India Money Market Fund Direct Growth ?
    The risk level of Franklin India Money Market Fund Direct Growth is Low to Moderate.
    What are short term returns given by Franklin India Money Market Fund Direct Growth ?
    The return given by Franklin India Money Market Fund Direct Growth in 1 month is 0.57%, 3 months is 1.52%, 6 months is 3.27%, and 1 year is 7.73%
    What are the long term returns given by Franklin India Money Market Fund Direct Growth ?
    The return given by Franklin India Money Market Fund Direct Growth in 3 years is 7.67% and 5 years is 6.17%.
    What is the expense ratio of Franklin India Money Market Fund Direct Growth ?
    The expense ratio of Franklin India Money Market Fund Direct Growth is 0.09%
    What is the AUM of Franklin India Money Market Fund Direct Growth ?
    The assets under Management (AUM) of Franklin India Money Market Fund Direct Growth is Rs 4,440.18 crores.
    What is the minimum investment in Franklin India Money Market Fund Direct Growth ?
    The minimum Lumpsum investment in Franklin India Money Market Fund Direct Growth is ₹10,000.00 and the minimum SIP investment in Franklin India Money Market Fund Direct Growth is ₹1,000.00
    What is the asset allocation of Franklin India Money Market Fund Direct Growth?
    Franklin India Money Market Fund Direct Growth has an exposure of 8.97% in Debt and 90.83% in Cash & Money Market Securities

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