₹ 1140.2804
NAV (Feb 26)
Neutral
However, Scripbox does not recommend investing in short term mutual funds.
Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and 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.
Track Record
19 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
5,610 Cr. Large within the category
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Highest Credit Risk. The fund has poor credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Scheme Information
The objective of the Scheme is to provide investors stable returns by investing in fixed income securities.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
0.81 %
Expense Ratio
Jan 31, 2002
Launched (19y ago)
₹ 5,610
AUM in Crores
INF090I01320
ISIN
No Lock-in
Lock-in
CRISIL Short Term Bond Fund TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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About the AMC
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Franklin Templeton Asst Mgmt(IND)Pvt Ltd manages assets worth 84,976 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.
US Equity
Recommended
Top Ranked
₹ 2,733 Cr
Fund Size
22.6%
3Y returns
US Equity
Top Ranked
₹ 2,733 Cr
Fund Size
22.6%
3Y returns
US Equity
Top Ranked
₹ 2,733 Cr
Fund Size
22.6%
3Y returns
Mid Cap
Top Ranked
₹ 6,835 Cr
Fund Size
8.4%
3Y returns
Diversified
Top Ranked
₹ 9,013 Cr
Fund Size
9.5%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Franklin India Short Term Income Plan (DR-Q) is a short term debt fund and has delivered an annualised return of 5.9% over a period of 19 years ..The fund is managed by Franklin Templeton Asst Mgmt(IND)Pvt Ltd.The fund managers are Kunal Agrawal, Santosh Kamath
The objective of the Scheme is to provide investors stable returns by investing in fixed income securities. However, there is no assurance that the objective of the scheme will be realized.
The Franklin India Short Term Income Plan (DR-Q) fund was launched on Jan 31, 2002. The NAV (Net Asset Value) of this short term debt as of 2021-02-26 is ₹ 1140.2804. The total AUM (Asset Under Management) of the fund as of 2021-02-27 is ₹ 5609.435. The category risk of the Franklin India Short Term Income Plan (DR-Q) fund is Very High Risk. The fund charges 0.81 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 84.4% in this asset class. The top three holdings of the fund are shriram transport finance company limited,piramal capital & housing finance limited and rishanth wholesale trading private limited
The minimum SIP (Systematic Investment Plan) amount for this 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 ₹ 5000.
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 CRISIL Short Term Bond Fund TR INR.
Franklin India Short Term Income Plan (DR-Q) has a score of 2 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 Short Term Income Plan (DR-Q) has a score of 4 out of 5. The credit risk of the fund is 1 out of 5 as compared to other debt funds.