• Mutual Funds
  • Franklin Templeton Mutual Funds
  • Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M)

Formerly Franklin India Savings Dl IDCW-R

Franklin Templeton Mutual Funds

Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M)

DebtMoney Market

10.0455

NAV (Mar 27)

5%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in money market mutual funds.

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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Rolling Returns

Satisfactory

The performance of the fund on a Rolling Returns metric has been Satisfactory

Invest in this fund
Scripbox Recommended Money Market Funds
Want the most stable money market funds for your portfolio?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

10.0455

NAV (Mar 27)

Fund Returns

Last 1Y
6.8%
Last 3Y
5%
Last 5Y
5.1%
Last 10Y
4.9%
Since Inception
5%
6 Month CAGR
3%

Scheme Information

Investment Objective

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

Expense Ratio
0.29
Launched (11y ago)
Apr 30, 2013
AUM in Crores
1544.970
ISIN
INF090I01KM9
Lock-in
No Lock-in
Benchmark
Nifty Money Market TR INR
SIP Minimum
0
Lumpsum Min.
10000
Standard Deviation (3yr)
0.6
Standard Deviation (5yr)
0.6
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.959
Sharpe Ratio (5yr)
-0.251
YTM
7.58
Fund Managers

Rahul Goswami

Fund Manager

Umesh Sharma

Fund Manager

Pallab Roy

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M)70%8,27,973 95,3615.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-03-27

Top Debt Holdings

364 Days Treasury Bill 05-12-2024

7.7%
7.7%

reliance retail ventures limited

6.5%
6.5%

india (republic of)

6.1%
6.1%

punjab national bank

6.1%
6.1%

bank of baroda

6%
6%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 45,349 cr

₹ 14,455 cr

₹ 13,853 cr

₹ 12,072 cr

₹ 11,011 cr

amc-img

About the AMC

Franklin Templeton Asst Mgmt(IND)Pvt Ltd

Franklin Templeton Asst Mgmt(IND)Pvt Ltd manages assets worth 93,720 crores and was set up on 6 October 1995. It's current offering of mutual fund schemes includes 39 equity,207 debt and 30 hybrid funds.amc-img
phone-img022-67519100
Fund NameScripbox Opinion
Till Date CAGR

10.1%

16.6%

10.1%

16.6%

10.1%

16.6%

26.5%

16.7%

25.7%

15.1%

Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) Review

Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) is a Money Market Debt fund and has delivered an annualised return of 5% over a period of 10 years. The fund was previously known as Franklin India Savings Dl IDCW-R. The fund is managed by Franklin Templeton Asst Mgmt(IND)Pvt Ltd. The fund managers are Pallab Roy, Rahul Goswami, Umesh Sharma.

Nav of Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) as of 3/27/2024 is ₹10.05 with the total AUM as of 3/28/2024 is ₹1544.97. With Scripbox you can compare and check the latest nav for all mutual funds in India. Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) was launched on Apr 30, 2013. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹10000. Check your estimated returns on mutual funds by using sip calculator.

Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Money Market TR INR.

Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) is rated as a 1 fund in Debt and delivered 6.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M).

Frequently Asked Questions

What is Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M)?

Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) is a Money Market Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M)?

You can invest in Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M)?

The minimum sip amount for Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) is ₹0. You can invest in multiples of ₹10000.

Is Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) good to invest in?

As per Scripbox experts, Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) is a Not Recommended fund. You can investFranklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M)?

The expense ratio of the Franklin India Money Market Fund Rnvstmnt of ion (RIDCW-M) is 0.29% for regular plan.