Franklin India Ultra Short Duration Fund Direct Growth

Fund Overview

Fund Size

₹326 Cr

Expense Ratio

0.28%

ISIN

INF090I01XL4

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

29 Aug 2024

About this fund

Franklin India Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by Franklin Templeton Mutual Fund. This fund has been in existence for 1 years, 4 months and 21 days, having been launched on 29-Aug-24.
As of 16-Jan-26, it has a Net Asset Value (NAV) of ₹11.04, Assets Under Management (AUM) of 325.67 Crores, and an expense ratio of 0.28%.

Franklin India Ultra Short Duration Fund Direct Growth has given a CAGR return of 7.41% since inception.
The fund's asset allocation comprises around 0.00% in equities, 36.34% in debts, and 63.45% in cash & cash equivalents.
You can start investing in Franklin India Ultra Short Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

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

+7.35%

+6.46% (Cat Avg.)

Since Inception

+7.41%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2025

Debt	₹118.35 Cr	36.34%
Others	₹207.32 Cr	63.66%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Rec Limited	Bond - Corporate Bond	₹26.35 Cr	8.09%
Standard Chartered Bank (Pay Fixed - Receive Floating)	Interest Rate Swap	₹25 Cr	7.68%
Idfc First Bank (Pay Fixed - Receive Floating)	Interest Rate Swap	₹25 Cr	7.68%
National Bank for Agriculture and Rural Development	Bond - Gov't Agency Debt	₹24.91 Cr	7.65%
Bank of Baroda	Bond - Corporate Bond	₹24.78 Cr	7.61%
Punjab National Bank	Bond - Gov't Agency Debt	₹24.69 Cr	7.58%
HDFC Bank Ltd.	Bond - Corporate Bond	₹24.67 Cr	7.58%
Muthoot Finance Limited	Cash - Commercial Paper	₹23.76 Cr	7.30%
Power Finance Corporation Limited	Bond - Corporate Bond	₹20.53 Cr	6.30%
Jubilant Bevco Limited	Bond - Corporate Bond	₹18.91 Cr	5.81%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹15.99 Cr	4.91%
08.22 JH UDAY 2026	Bond - Gov't Agency Debt	₹15.41 Cr	4.73%
07.49 NL Sdl 2026	Bond - Gov't/Treasury	₹10.34 Cr	3.17%
6.22% Govt Stock 2028	Bond - Gov't/Treasury	₹10.23 Cr	3.14%
Axis Bank Limited	Cash - CD/Time Deposit	₹9.9 Cr	3.04%
Indian Bank	Cash - CD/Time Deposit	₹9.89 Cr	3.04%
Piramal Finance Limited	Cash - Commercial Paper	₹9.39 Cr	2.88%
Jubilant Beverages Limited	Bond - Corporate Bond	₹8.35 Cr	2.56%
Call, Cash & Other Assets	Cash - Collateral	₹-3.28 Cr	1.01%
Corporate Debt Market Development Fund Class A2	Mutual Fund - Open End	₹0.68 Cr	0.21%
364 DTB 22012026	Bond - Gov't/Treasury	₹0.16 Cr	0.05%
Margin On Derivatives	Cash - Collateral	₹0.02 Cr	0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹139.58 Cr	42.86%
Bond - Gov't Agency Debt	₹65.01 Cr	19.96%
Interest Rate Swap	₹50 Cr	15.35%
Cash - Commercial Paper	₹33.15 Cr	10.18%
Bond - Gov't/Treasury	₹20.73 Cr	6.36%
Cash - CD/Time Deposit	₹19.79 Cr	6.08%
Cash - Collateral	₹-3.26 Cr	1.01%
Mutual Fund - Open End	₹0.68 Cr	0.21%

Risk & Performance Ratios

Fund Managers

Rahul Goswami

Since August 2024

Pallab Roy

Since August 2024

Rohan Maru

Since October 2024

Additional Scheme Detailsas of 31st December 2025

ISIN

INF090I01XL4

Expense Ratio

0.28%

Exit Load

No Charges

Fund Size

₹326 Cr

Age

1 year 4 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY Ultra Short Dur Debt A-I

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 Ultra Short Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Franklin India Ultra Short Duration Fund Regular Growth Moderate Risk	0.7%	0.0%	₹325.67 Cr	6.9%
Franklin India Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹325.67 Cr	7.3%
Invesco India Ultra Short Term Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1233.91 Cr	7.1%
Motilal Oswal Ultra Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹513.01 Cr	5.3%
Motilal Oswal Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹513.01 Cr	6.2%
ITI Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹150.19 Cr	6.0%
ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹150.19 Cr	6.8%
Sundaram Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1995.79 Cr	7.1%
Nippon India Ultra Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹11059.57 Cr	7.4%
Kotak Savings Fund Direct Growth Moderate Risk	0.4%	0.0%	₹14243.17 Cr	7.2%
Tata Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4560.56 Cr	7.3%
Tata Ultra Short Term Fund Regular Growth Moderate Risk	1.1%	0.0%	₹4560.56 Cr	6.4%
ICICI Prudential Ultra Short Term Fund Regular Growth Moderate Risk	0.8%	0.0%	₹19738.33 Cr	6.9%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Direct Growth Moderate Risk	0.4%	0.0%	-	195.1%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Regular Growth Moderate Risk	1.2%	0.0%	-	195.1%
WhiteOak Capital Ultra Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹574.12 Cr	6.1%
WhiteOak Capital Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹574.12 Cr	6.7%
DSP Ultra Short Fund Regular Growth Moderate Risk	1.0%	0.0%	₹3971.51 Cr	6.5%
Mirae Asset Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹2067.19 Cr	7.0%
Mirae Asset Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2067.19 Cr	7.2%
UTI Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3655.33 Cr	7.1%
Aditya Birla Sun Life Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹23615.17 Cr	7.4%
Bank of India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹158.66 Cr	6.8%
SBI Magnum Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹14639.39 Cr	7.0%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹3014.42 Cr	7.0%
HSBC Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹3014.42 Cr	6.8%
Bandhan Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹3928.56 Cr	6.8%
Bandhan Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3928.56 Cr	7.0%
ICICI Prudential Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹19738.33 Cr	7.3%
Canara Robeco Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹457.40 Cr	6.9%
DSP Ultra Short Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3971.51 Cr	7.3%
PGIM India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹174.71 Cr	6.8%
Axis Ultra Short Term Fund Regular Growth Moderate Risk	1.2%	0.0%	₹5355.75 Cr	6.4%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5355.75 Cr	7.3%
Sundaram Ultra Short Duration Fund Regular Growth Low to Moderate Risk	1.5%	0.0%	₹1995.79 Cr	5.7%
Aditya Birla Sun Life Savings Fund Regular Growth Moderate Risk	0.6%	0.0%	₹23615.17 Cr	7.2%
Kotak Savings Fund Regular Growth Moderate Risk	0.8%	0.0%	₹14243.17 Cr	6.7%
Invesco India Ultra Short Term Fund Regular Growth Moderate Risk	0.8%	0.0%	₹1233.91 Cr	6.7%
SBI Magnum Ultra Short Duration Fund Regular Growth Moderate Risk	0.6%	0.0%	₹14639.39 Cr	6.8%
Bank of India Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹158.66 Cr	6.3%
HDFC Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹17235.34 Cr	6.7%
HDFC Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹17235.34 Cr	7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹218.94 Cr	7.0%
Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹218.94 Cr	6.6%
Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹11059.57 Cr	6.6%
UTI Ultra Short Term Fund Regular Growth Moderate Risk	1.0%	0.0%	₹3655.33 Cr	6.5%
LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹220.41 Cr	6.2%
LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹220.41 Cr	7.0%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹765.48 Cr	7.0%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹765.48 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

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What is the current NAV of Franklin India Ultra Short Duration Fund Direct Growth?

The NAV of Franklin India Ultra Short Duration Fund Direct Growth, as of 16-Jan-2026, is ₹11.04.

What is the portfolio composition of Franklin India Ultra Short Duration Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 36.34% in bonds, and 63.45% in cash and cash equivalents.

Who manages the Franklin India Ultra Short Duration Fund Direct Growth?

The fund managers responsible for Franklin India Ultra Short Duration Fund Direct Growth are:-

Rahul Goswami
Pallab Roy
Rohan Maru

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.

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Franklin India Ultra Short Duration Fund Direct Growth

Fund Overview