Franklin India Money Market Fund Retail Option - Monthly - IDCW
(Erstwhile Franklin India Savings Plus Fund - Monthly Dividend)
Fund House: Franklin Templeton Mutual Fund| Category: Debt: Money Market |
| Launch Date: 25-04-2014 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Money Market Index B-I |
| TER: 0.29% As on (30-11-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 10000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 2,271.47 Cr As on 29-11-2024(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
10.4714
0 (0.0191%)
5.62%
Benchmark: 6.36%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
Nifty 1D Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme aims to provide income consistent with the prudent risk from a portfolio mainly comprising of floating rate debt, fixed rate debt swapped for floating rate returns and fixed rate and money market instruments. The portfolio would be tilted towards short term maturities.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.59 |
| Sharpe Ratio | 0.32 |
| Alpha | 2.82 |
| Beta | 1.31 |
| Yield to Maturity | 7.54 |
| Average Maturity | 0.55 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Franklin India Money Market Fund Retail Option - Monthly - IDCW | 25-04-2014 | 7.6 | 7.43 | 6.38 | 5.42 | 5.53 |
| Axis Money Market Fund - Regular Plan - Growth Option | 05-08-2019 | 7.75 | 7.55 | 6.58 | 5.94 | - |
| Aditya Birla Sun Life Money Manager Fund - Retail Growth | 05-06-2003 | 7.75 | 7.6 | 6.64 | 6.08 | 6.92 |
| Aditya Birla Sun Life Money Manager Fund - Growth | 10-10-2005 | 7.74 | 7.6 | 6.64 | 6.08 | 6.92 |
| Nippon India Money Market Fund-Growth Plan-Growth Option | 01-06-2005 | 7.72 | 7.55 | 6.65 | 5.95 | 6.82 |
| UTI MMF - Regular Plan - Growth Option | 01-07-2009 | 7.71 | 7.59 | 6.65 | 5.95 | 6.82 |
| ICICI Prudential Money Market Fund Option - Growth | 01-03-2006 | 7.71 | 7.55 | 6.56 | 5.92 | 6.78 |
| Tata Money Market Fund-Regular Plan - Growth Option | 20-05-2003 | 7.7 | 7.54 | 6.59 | 6.01 | 6.05 |
| Kotak Money Market Fund - (Growth) | 14-07-2003 | 7.69 | 7.51 | 6.58 | 5.82 | 6.76 |
| HDFC Money Market Fund - Growth Option | 05-11-1999 | 7.66 | 7.47 | 6.52 | 5.97 | 6.76 |
Scheme Characteristics
Investment in Money Market instruments having maturity upto 1 year.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
99.99%
