- Mutual Funds
- Franklin Templeton Mutual Fund
- Franklin India Money Market Fund Direct Growth
Franklin India Money Market Fund Direct Plan Growth
₹ 51.31
NAV (May 02)
Money Market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Money Market Funds invest in money market instruments with maturity upto 1 year.
This category accounts for close to 5% of the total Debt fund assets.
Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
Scheme Information
The Scheme seeks to provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market instruments.
Expense Ratio | 0.14 % |
Launched 12Y ago | 2013-01-01 |
AUM in Crores | 2547.1 |
ISIN | INF090I01GV8 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY Money Market Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 10000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.5 |
Beta | 1.1 |
Sharpe Ratio | 1 |
YTM | - |
Fund Managers
Asset allocation and Holdings
Top Debt Holdings
Others
5.5%Reserve Bank of India
5.01%Indian Bank
4.97%Axis Bank Ltd.
4.88%Reserve Bank of India
4.87%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,772 cr | ||
₹ 14,724 cr | ||
₹ 13,733 cr | ||
₹ 7,713 cr | ||
₹ 42,292 cr |
