Franklin India Money Market Fund Direct Growth

Fund Overview

Fund Size

₹3,830 Cr

Expense Ratio

0.14%

ISIN

INF090I01GV8

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

Franklin India Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Franklin Templeton Mutual Fund. This fund has been in existence for 13 years and 18 days, having been launched on 01-Jan-13.
As of 16-Jan-26, it has a Net Asset Value (NAV) of ₹53.67, Assets Under Management (AUM) of 3830.50 Crores, and an expense ratio of 0.14%.

Franklin India Money Market Fund Direct Growth has given a CAGR return of 7.47% since inception.
The fund's asset allocation comprises around 0.00% in equities, 1.97% in debts, and 97.78% in cash & cash equivalents.
You can start investing in Franklin India Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹10000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.46%

+6.73% (Cat Avg.)

3 Years

+7.59%

+7.02% (Cat Avg.)

5 Years

+6.25%

+5.90% (Cat Avg.)

10 Years

+6.93%

+5.89% (Cat Avg.)

Since Inception

+7.47%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2025

Debt	₹75.63 Cr	1.97%
Others	₹3,754.87 Cr	98.03%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Export-Import Bank Of India	Cash - CD/Time Deposit	₹272.27 Cr	7.11%
Piramal Finance Limited	Cash - Commercial Paper	₹272.25 Cr	7.11%
364 Days Tbill (Md 05/03/2026)	Bond - Gov't/Treasury	₹223 Cr	5.82%
Call, Cash & Other Assets	Cash - Collateral	₹-219.48 Cr	5.73%
Canara Bank	Bond - Gov't Agency Debt	₹198.17 Cr	5.17%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹174.03 Cr	4.54%
364 DTB 22012026	Bond - Gov't/Treasury	₹172.64 Cr	4.51%
HDFC Bank Limited	Cash - CD/Time Deposit	₹119.57 Cr	3.12%
Axis Bank Limited	Cash - CD/Time Deposit	₹108.66 Cr	2.84%
Punjab National Bank	Bond - Gov't Agency Debt	₹103.69 Cr	2.71%
Union Bank Of India	Cash - CD/Time Deposit	₹99.47 Cr	2.60%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹99.43 Cr	2.60%
Hero Fincorp Limited	Cash - Commercial Paper	₹99.42 Cr	2.60%
TATA Motors Finance Limited	Cash - Commercial Paper	₹98.67 Cr	2.58%
Small Industries Development Bk Of India ** #	Cash - Commercial Paper	₹98.64 Cr	2.58%
Cholamandalam Investment And Finance Company Limited	Cash - Commercial Paper	₹97.31 Cr	2.54%
Bank Of Baroda	Cash - CD/Time Deposit	₹94.19 Cr	2.46%
LIC Housing Finance Ltd	Cash - Commercial Paper	₹74.75 Cr	1.95%
IDBI Bank Limited	Cash - CD/Time Deposit	₹74.64 Cr	1.95%
Canara Bank	Cash - CD/Time Deposit	₹74.6 Cr	1.95%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹74.56 Cr	1.95%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹74.31 Cr	1.94%
Canara Bank	Cash - CD/Time Deposit	₹74.25 Cr	1.94%
HDFC Bank Limited	Cash - CD/Time Deposit	₹74.16 Cr	1.94%
Kotak Mahindra Bank Ltd.	Bond - Corporate Bond	₹74.15 Cr	1.94%
Muthoot Finance Ltd.	Cash - Commercial Paper	₹72.73 Cr	1.90%
Standard Chartered Capital Ltd	Cash - Commercial Paper	₹71.39 Cr	1.86%
Union Bank of India	Bond - Gov't Agency Debt	₹70.55 Cr	1.84%
Punjab National Bank	Bond - Gov't Agency Debt	₹49.88 Cr	1.30%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹49.84 Cr	1.30%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹49.78 Cr	1.30%
HDFC Bank Limited	Cash - CD/Time Deposit	₹49.71 Cr	1.30%
Bank Of Baroda	Cash - CD/Time Deposit	₹49.71 Cr	1.30%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹49.61 Cr	1.30%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)	Cash - Commercial Paper	₹49.56 Cr	1.29%
364 Days Tbill Red 12-03-2026	Bond - Gov't/Treasury	₹49.51 Cr	1.29%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹49.45 Cr	1.29%
National Bank For Agriculture & Rural Development**	Cash - CD/Time Deposit	₹49.42 Cr	1.29%
Bahadur Chand Investments Private Limited	Cash - Commercial Paper	₹49.39 Cr	1.29%
Indian Bank	Bond - Gov't Agency Debt	₹49.34 Cr	1.29%
Punjab National Bank	Cash - CD/Time Deposit	₹49.34 Cr	1.29%
Small Industries Development Bank Of India**	Cash - CD/Time Deposit	₹49.33 Cr	1.29%
Indian Bank	Cash - CD/Time Deposit	₹39.55 Cr	1.03%
08.39 RJ UDAY 2026	Bond - Gov't Agency Debt	₹29.47 Cr	0.77%
India (Republic of)	Bond - Short-term Government Bills	₹24.9 Cr	0.65%
Bank Of Baroda	Cash - CD/Time Deposit	₹24.72 Cr	0.65%
HDFC Bank Ltd.	Bond - Corporate Bond	₹24.67 Cr	0.64%
08.43 AS Sdl 2026	Bond - Gov't/Treasury	₹20.76 Cr	0.54%
India (Republic of)	Bond - Short-term Government Bills	₹20 Cr	0.52%
364 DTB 01012026	Bond - Gov't/Treasury	₹10 Cr	0.26%
Corporate Debt Market Development Fund Class A2	Mutual Fund - Open End	₹9.52 Cr	0.25%
06.88 Wb SDL 2026	Bond - Gov't/Treasury	₹5.08 Cr	0.13%
Axis Bank Limited	Cash - CD/Time Deposit	₹4.95 Cr	0.13%
364 DTB 15012026	Bond - Gov't/Treasury	₹1 Cr	0.03%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - CD/Time Deposit	₹1,929.55 Cr	50.37%
Cash - Commercial Paper	₹984.11 Cr	25.69%
Bond - Gov't Agency Debt	₹501.09 Cr	13.08%
Bond - Gov't/Treasury	₹482 Cr	12.58%
Cash - Collateral	₹-219.48 Cr	5.73%
Bond - Corporate Bond	₹98.82 Cr	2.58%
Bond - Short-term Government Bills	₹44.9 Cr	1.17%
Mutual Fund - Open End	₹9.52 Cr	0.25%

Risk & Performance Ratios

Fund Managers

Rahul Goswami

Since October 2023

Rohan Maru

Since October 2024

Chandni Gupta

Since April 2024

Additional Scheme Detailsas of 31st December 2025

ISIN

INF090I01GV8

Expense Ratio

0.14%

Exit Load

No Charges

Fund Size

₹3,830 Cr

Age

13 years

Lumpsum Minimum

₹10,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Money Market TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Money Market Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Shriram Money Market Fund Direct Growth Low to Moderate Risk	-	0.0%	-	-
Shriram Money Market Fund Regular Growth Low to Moderate Risk	-	0.0%	-	-
Groww Money Market Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹20.48 Cr	-
Groww Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹20.48 Cr	-
JioBlackRock Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3355.30 Cr	-
Bank of India Money Market Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹368.88 Cr	-
Bank of India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹368.88 Cr	-
Zerodha Nifty 1D Rate Liquid ETF Low Risk	0.3%	-	₹7597.92 Cr	5.5%
Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3024.56 Cr	7.4%
Mirae Asset Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹3024.56 Cr	7.0%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹4894.59 Cr	7.3%
ICICI Prudential Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹31850.85 Cr	7.4%
Bandhan Money Manager Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹12313.03 Cr	7.5%
Nippon India Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹20189.58 Cr	7.4%
Invesco India Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹5214.99 Cr	7.3%
Edelweiss Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2299.55 Cr	7.4%
Kotak Money Market Scheme Direct Growth Low to Moderate Risk	0.2%	0.0%	₹32187.70 Cr	7.3%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹20781.21 Cr	7.4%
Axis Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹20781.21 Cr	7.3%
Sundaram Money Market Fund Regular Growth Moderate Risk	0.3%	0.0%	₹1835.43 Cr	7.2%
Sundaram Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1835.43 Cr	7.3%
Invesco India Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹5214.99 Cr	7.0%
UTI Money Market Fund Direct Growth Moderate Risk	0.1%	0.0%	₹19300.55 Cr	7.4%
Aditya BSL Money Manager Fund Direct Growth Moderate Risk	0.2%	0.0%	₹27448.70 Cr	7.3%
SBI Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹33641.56 Cr	7.4%
Tata Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹35599.90 Cr	7.5%
Franklin India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3830.50 Cr	7.5%
Baroda BNP Paribas Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹4729.78 Cr	7.3%
Baroda BNP Paribas Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹4729.78 Cr	7.1%
DSP Savings Fund Direct Growth Moderate Risk	0.1%	0.0%	₹8335.96 Cr	7.1%
HDFC Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹31789.66 Cr	7.4%
PGIM India Money Market Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹294.25 Cr	6.9%
PGIM India Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹294.25 Cr	7.2%
UTI Money Market Fund Regular Growth Moderate Risk	0.2%	0.0%	₹19300.55 Cr	7.3%
Bajaj Finserv Money Market Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹4196.35 Cr	6.7%
Bajaj Finserv Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹4196.35 Cr	7.4%
Kotak Money Market Scheme Regular Growth Low to Moderate Risk	0.3%	0.0%	₹32187.70 Cr	7.2%
Aditya BSL Money Manager Fund Regular Growth Moderate Risk	0.4%	0.0%	₹27448.70 Cr	7.1%
Bandhan Money Manager Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹12313.03 Cr	7.2%
DSP Savings Fund Regular Growth Moderate Risk	0.4%	0.0%	₹8335.96 Cr	6.8%
HSBC Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹4894.59 Cr	7.1%
SBI Savings Fund Regular Growth Moderate Risk	0.7%	0.0%	₹33641.56 Cr	6.9%
ICICI Prudential Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹31850.85 Cr	7.3%
Nippon India Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹20189.58 Cr	7.2%
HDFC Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹31789.66 Cr	7.2%
Franklin India Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹3830.50 Cr	7.3%
Tata Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹35599.90 Cr	7.2%
LIC MF Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹4006.23 Cr	6.6%
LIC MF Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹4006.23 Cr	7.0%
TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹118.90 Cr	6.8%

About the AMC

Franklin Templeton Mutual Fund

+91 22 6751 9100

https://www.franklintempletonindia.com/

Total AUM

₹1,28,746 Cr

Address

Indiabulls Finance Centre; Tower 2, 12th and 13th Floor, Mumbai, 400 013

Other Funds by Franklin Templeton Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Franklin India Multi-Factor Fund Direct Growth Very High Risk	-	0.0%	₹467.62 Cr	-
Franklin India Multi Asset Allocation Fund Direct Growth Very High Risk	0.2%	0.0%	₹2449.71 Cr	-
Franklin India Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹392.71 Cr	-
Franklin India Long Duration Fund Direct Growth Moderately High risk	0.3%	0.0%	₹29.36 Cr	5.2%
Franklin India Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹669.23 Cr	7.2%
Franklin India Medium to Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹49.79 Cr	6.7%
Franklin India Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹325.67 Cr	7.3%
Franklin India Multi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹5062.26 Cr	10.0%
Franklin India Multi-Asset Solution Fund of Funds Direct Growth Moderate Risk	0.2%	0.0%	₹108.42 Cr	14.3%
Franklin India Equity Savings Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹685.41 Cr	7.0%
Franklin India Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹570.66 Cr	5.8%
Franklin India Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹304.96 Cr	8.2%
Franklin India Credit Risk Fund Direct Growth High Risk	-	3.0%	₹104.00 Cr	7.5%
Franklin India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3830.50 Cr	7.5%
Templeton India Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹2326.48 Cr	8.5%
Templeton India Equity Income Fund Direct Growth Very High Risk	1.2%	1.0%	₹2401.77 Cr	4.8%
Franklin India Government Securities Direct Growth Low to Moderate Risk	0.6%	0.0%	₹186.64 Cr	5.1%
Franklin India Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1338.11 Cr	9.1%
Franklin India Pension Plan Direct Growth Moderately High risk	1.5%	3.0%	₹517.39 Cr	5.4%
Franklin India Short Term Income Plan Direct Growth Moderate Risk	-	0.0%	₹12.51 Cr	6.6%
Franklin Asian Equity Fund Direct Growth Very High Risk	1.7%	1.0%	₹314.58 Cr	34.2%
Franklin India Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹8380.36 Cr	7.8%
Franklin Build India Direct Growth Very High Risk	1.0%	1.0%	₹3035.67 Cr	7.0%
Franklin India Bluechip Fund Direct Growth Very High Risk	1.1%	1.0%	₹7971.79 Cr	11.6%
Franklin India Flexi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹19971.64 Cr	7.1%
Franklin India Prima Fund Direct Growth Very High Risk	1.0%	1.0%	₹12831.02 Cr	6.1%
Franklin India Equity Advantage Fund Direct Growth Very High Risk	1.3%	1.0%	₹3674.24 Cr	9.7%
Franklin India Smaller Companies Fund Direct Growth Very High Risk	0.9%	1.0%	₹13238.40 Cr	-3.0%
Franklin India Focused Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹12649.23 Cr	8.8%
Franklin India Taxshield Fund Direct Growth Very High Risk	1.0%	0.0%	₹6693.46 Cr	5.9%
Franklin India Technology Fund Direct Growth Very High Risk	1.0%	1.0%	₹1995.80 Cr	-0.0%
Franklin India Equity Hybrid Fund Direct Growth Very High Risk	0.9%	1.0%	₹2379.64 Cr	6.0%
Franklin India Dynamic Asset Allo FOF Direct Growth Moderately High risk	0.5%	1.0%	₹1301.02 Cr	7.4%
Franklin India NSE Nifty 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹786.93 Cr	11.5%
Franklin India Feeder - Franklin U.S. Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹4465.25 Cr	11.9%
Franklin India Debt Hybrid Fund Direct Growth Moderately High risk	0.8%	0.0%	₹214.05 Cr	6.6%
Franklin India Feeder - Templeton European Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹18.41 Cr	13.1%
Franklin India Short Term Income Plan Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹164.26 Cr	309.1%
Franklin India Income Opportunities Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹45.54 Cr	309.1%
Franklin India Low Duration Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹47.42 Cr	308.8%
Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth Low Risk	-	0.0%	₹29.52 Cr	309.0%
Franklin India Credit Risk Fund Segregated Portfolio 2 Direct Growth Very High Risk	-	0.0%	₹105.84 Cr	309.1%
Franklin India Debt Hybrid Fund Segregated Portfolio 1 Direct Growth Moderately High risk	0.7%	0.0%	-	-
Franklin India Short Term Income Plan Segregated Portfolio 3 Direct Growth Very High Risk	-	0.0%	-	-
Franklin India Balanced Advantage Fund Direct Growth High Risk	0.5%	1.0%	₹2884.57 Cr	6.6%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹484.74 Cr	7.6%

Risk Level

Your principal amount will be at Low to Moderate Risk

Take control of your wealth

Track and Analyse all your investments with Dezerv

Rated ★ 4.3+ on

Still got questions?
We're here to help.

What is the current NAV of Franklin India Money Market Fund Direct Growth?

The NAV of Franklin India Money Market Fund Direct Growth, as of 16-Jan-2026, is ₹53.67.

What are the returns of Franklin India Money Market Fund Direct Growth?

The fund has generated 7.46% over the last 1 year and 7.59% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Franklin India Money Market Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 1.97% in bonds, and 97.78% in cash and cash equivalents.

Who manages the Franklin India Money Market Fund Direct Growth?

The fund managers responsible for Franklin India Money Market Fund Direct Growth are:-

Rahul Goswami
Rohan Maru
Chandni Gupta

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

©2021-2026 Dezerv. All Rights Reserved

Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.

Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.

Franklin India Money Market Fund Direct Growth

Fund Overview