Click here for top ranked funds in money market mutual funds.
However, Scripbox does not recommend investing in money market mutual funds.
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.
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.
Franklin Templeton Asst Mgmt(IND)Pvt Ltd manages assets worth 73,520 crores and was set up on 6 October 1995. It's current offering of mutual fund schemes includes 39 equity,179 debt and 27 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A)
About Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A)
Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A) is a money market debt fund and has delivered an annualised return of 6.0% over a period of 16 years .The fund was previously known as Franklin India Savings Instl DP.The fund is managed by Franklin Templeton Asst Mgmt(IND)Pvt Ltd.The fund managers are Pallab Roy, Umesh Sharma
Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A) Investment Objective
To provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market instruments. However, there is no assurance that the objective of the scheme will be realized.
Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A) NAV,AUM,Risk
The Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A) fund was launched on Sep 06, 2005. The NAV (Net Asset Value) of this money market debt as of 2020-06-18 is ₹ 0.0. The total AUM (Asset Under Management) of the fund as of 2021-07-29 is ₹ 1054.134. The category risk of the Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A) fund is Low to Moderate Risk.
The fund charges 0.29 % as expense ratio.
Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A) Holdings
The fund’s highest allocation is towards others and has invested 62.3% in this asset class. The top three holdings of the fund are 8.20% govt stock 2022,364 dtb 30032022 and 8.79% govt stock 2021
Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A) SIP
The minimum SIP (Systematic Investment Plan) amount for this 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 ₹ 10000000.
Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A) Investment volatility and Horizon
This fund 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 Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A) Review
Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A) has a score of 1 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Franklin India Savings Fund Institutional of Inc Dist cum Cap Wdrl (PIDCW-A) has a score of 3 out of 5.
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
