Formerly Franklin India Savings Gr
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.
The performance of the fund on a Fund Size metric has been Poor
The performance of the fund on a Rolling Returns metric has been Satisfactory
NAV (Dec 1)
6 Month CAGR
To provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market instruments.
Launched (21y ago)
Feb 11, 2002
AUM in Crores
Nifty Money Market B-I TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Franklin India Money Market Fund (Growth)||8,46,471||1,13,859||6%|
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.
182 Days Treasury Bill 29-03-20246.4%
state bank of india6.4%
bank of baroda6.4%
182 Days Treasury Bill 22-02-20245.1%
india (republic of)4.7%
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
Franklin India Money Market Fund (G) is a Money Market Debt fund and has delivered an annualised return of 7.1% over a period of 21 years. The fund was previously known as Franklin India Savings Gr. 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 (G) as of 12/1/2023 is ₹44.54 with the total AUM as of 12/2/2023 is ₹1533.75. With Scripbox you can compare and check the latest nav for all mutual funds in India. Franklin India Money Market Fund (G) was launched on Feb 11, 2002. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for Franklin India Money Market Fund (G) is ₹1000 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 (G) 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 B-I TR INR.
Franklin India Money Market Fund (G) is rated as a 1 fund in Debt and delivered 7.3% 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 (G).
What is Franklin India Money Market Fund (G)?
How to invest in Franklin India Money Market Fund (G)?
You can invest in Franklin India Money Market Fund (G) 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 (G)?
The minimum sip amount for Franklin India Money Market Fund (G) is ₹1000. You can invest in multiples of ₹10000.
Is Franklin India Money Market Fund (G) good to invest in?
As per Scripbox experts, Franklin India Money Market Fund (G) is a Not Recommended fund. You can investFranklin India Money Market Fund (G) 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 (G)?
The expense ratio of the Franklin India Money Market Fund (G) is 0.25% for regular plan.