Franklin India Liquid Fund
- NAV as on 9 Nov 2026
- ₹4,274.39+0.03%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹4,011.58 — ₹4,271.68
- AUM
- ₹4,811 Cr
Franklin India Liquid Fund is a Liquid debt fund from Franklin Templeton Mutual Fund with ₹4,811 Cr under management, launched in 2005. Over three years it has returned 6.7% a year, against 6.7% for its category. The expense ratio is 0.20% and the SEBI riskometer reading is Low to Moderate.
Performance
Franklin India Liquid Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.5% against +6.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.6% | +0.3 pts | 6.3% | 6.3% |
| 2Y | 6.5% | +0.2 pts | 6.3% | 6.3% |
| 3Y | 6.7% | 0.0 pts | 6.7% | 6.5% |
| 5Y | 6.7% | +0.5 pts | 6.3% | 6.5% |
| 7Y | 6.3% | +0.1 pts | 6.1% | 6.1% |
| 10Y | 6.1% | +0.1 pts | 6.0% | 5.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.5% | +0.1 pts | 1.5% | 1.5% |
| 6M | 3.3% | +0.1 pts | 3.1% | 3.1% |
| 1Y | 6.5% | +0.2 pts | 6.3% | 6.3% |
| 2Y | 6.6% | +0.2 pts | 6.4% | 6.4% |
| 3Y | 6.9% | +0.2 pts | 6.7% | 6.7% |
| 5Y | 6.4% | +0.1 pts | 6.3% | 6.2% |
| 7Y | 5.7% | +0.1 pts | 5.5% | 5.5% |
| 10Y | 6.1% | +0.1 pts | 6.0% | 6.0% |
Since launch (2 Sep 2005): 7.1%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.6% | +0.1 pts | 6.4% |
| 2024 | 7.4% | +0.1 pts | 7.3% |
| 2023 | 7.0% | 0.0 pts | 7.0% |
| 2022 | 4.8% | 0.0 pts | 4.8% |
| 2021 | 3.3% | 0.0 pts | 3.3% |
| 2020 | 4.3% | +0.3 pts | 4.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.20%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.17%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.03%
- Exit load
- Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹10,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Liquid Index A-I
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 5.16 | 5.03 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 13.50 | 12.02 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.21 | 0.21 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Franklin India Liquid Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt85.3%
- Other14.7%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 14.88% | ₹716 Cr | +0.52% | +0.71% | +0.56% |
| Hindustan Petroleum Corporation Ltd. | Energy | 6.17% | ₹297 Cr | — | — | — |
| Export-Import Bank Of India | Financial | 5.14% | ₹247 Cr | — | +9.29% | — |
| IIFL Home Finance Ltd. | Financial | 4.09% | ₹197 Cr | +5.07% | — | — |
| Sundaram Finance Ltd. | Financial | 3.80% | ₹183 Cr | — | — | — |
| REC Ltd. | Financial | 3.63% | ₹174 Cr | +3.65% | — | — |
| Tata Steel Ltd. | Metals & Mining | 3.10% | ₹149 Cr | — | — | — |
| UCO Bank | Financial | 3.10% | ₹149 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | 3.09% | ₹149 Cr | +5.10% | +3.50% | +1.89% |
| Axis Securities Ltd. | Others | 3.09% | ₹149 Cr | — | — | +3.77% |
| LIC Housing Finance Ltd. GDR/GDS | Financial | 3.09% | ₹149 Cr | — | — | — |
| Bajaj Finance Ltd. | Financial | 2.28% | ₹110 Cr | +2.57% | — | — |
| Mirae Asset Financial Services (India) Pvt Ltd. | Financial | 2.08% | ₹99.85 Cr | — | — | — |
| Union Bank of India | Financial | 2.07% | ₹99.71 Cr | +8.48% | +2.33% | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 2.07% | ₹99.58 Cr | +6.78% | +1.16% | +3.76% |
| PNB Housing Finance Ltd. | Financial | 2.07% | ₹99.56 Cr | — | — | — |
| Standard Chartered Securities (India) Ltd. | Financial | 1.86% | ₹89.34 Cr | — | +3.48% | — |
| Sikka Ports and Terminals Ltd. | Energy | 1.56% | ₹74.81 Cr | — | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.03% | ₹49.67 Cr | — | — | — |
| Kotak Mahindra Securities Ltd. | Financial | 1.03% | ₹49.52 Cr | — | — | +1.88% |
| Bank Of Baroda | Financial | 1.02% | ₹49.29 Cr | +2.55% | +4.66% | +9.40% |
| Aditya Birla Capital Ltd. | Financial | 0.93% | ₹44.55 Cr | — | +4.66% | +1.88% |
| IIFL Finance Ltd. | Financial | 0.62% | ₹29.88 Cr | +0.84% | — | — |
| Reserve Bank of India | Financial | 0.54% | ₹25.97 Cr | +0.07% | +11.69% | +6.60% |
| DSP Finance Pvt Ltd. | Financial | 0.52% | ₹24.85 Cr | — | — | — |
| Punjab & Sind Bank | Financial | 0.52% | ₹24.84 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Hindustan Petroleum Corporation Ltd. | 0.00% | 6.17% | +6.17% |
| Export-Import Bank Of India | 0.44% | 5.14% | +4.70% |
| company:15648 | 3.12% | 0.00% | -3.12% |
| UCO Bank | 0.00% | 3.10% | +3.10% |
| company:11779 | 2.44% | 0.00% | -2.44% |
| HDFC Bank Ltd. | 0.82% | 3.09% | +2.27% |
| Mirae Asset Financial Services (India) Pvt Ltd. | 0.00% | 2.08% | +2.08% |
| company:7769 | 2.05% | 0.00% | -2.05% |
| company:6233 | 1.64% | 0.00% | -1.64% |
| IIFL Home Finance Ltd. | 2.46% | 4.09% | +1.63% |
| company:16348 | 1.62% | 0.00% | -1.62% |
| Sundaram Finance Ltd. | 2.46% | 3.80% | +1.34% |
| company:9813 | 0.99% | 0.00% | -0.99% |
| company:4907 | 0.85% | 0.00% | -0.85% |
| company:6054 | 0.82% | 0.00% | -0.82% |
| company:7990 | 0.82% | 0.00% | -0.82% |
| REC Ltd. | 2.85% | 3.63% | +0.77% |
| Axis Securities Ltd. | 2.43% | 3.09% | +0.66% |
| LIC Housing Finance Ltd. GDR/GDS | 2.43% | 3.09% | +0.66% |
| Tata Steel Ltd. | 2.46% | 3.10% | +0.65% |
| Bank Of Baroda | 1.63% | 1.02% | -0.60% |
| Small Industries Devp. Bank of India Ltd. | 2.63% | 2.07% | -0.56% |
| Punjab & Sind Bank | 0.00% | 0.52% | +0.52% |
| Reserve Bank of India | 0.05% | 0.54% | +0.49% |
| Bajaj Finance Ltd. | 1.79% | 2.28% | +0.49% |
| Union Bank of India | 1.63% | 2.07% | +0.44% |
| PNB Housing Finance Ltd. | 1.63% | 2.07% | +0.44% |
| company:5329 | 0.41% | 0.00% | -0.41% |
| company:15565 | 0.41% | 0.00% | -0.41% |
| company:14166 | 0.41% | 0.00% | -0.41% |
| Standard Chartered Securities (India) Ltd. | 1.46% | 1.86% | +0.40% |
| Sikka Ports and Terminals Ltd. | 1.22% | 1.56% | +0.33% |
| Adani Ports and Special Economic Zone Ltd. | 0.81% | 1.03% | +0.22% |
| Kotak Mahindra Securities Ltd. | 0.81% | 1.03% | +0.22% |
| IIFL Finance Ltd. | 0.41% | 0.62% | +0.21% |
| Aditya Birla Capital Ltd. | 0.73% | 0.93% | +0.20% |
| DSP Finance Pvt Ltd. | 0.41% | 0.52% | +0.11% |
| Others | 0.13% | 0.17% | +0.04% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹18,928 Cr | 0.20% | 6.5% | 6.6% | 6.7% |
 Axis Liquid Fund | ₹53,784 Cr | 0.26% | 6.5% | 6.6% | 6.7% |
 Edelweiss Liquid Fund | ₹17,831 Cr | 0.19% | 6.5% | 6.6% | 6.7% |
 Bank of India Liquid Fund | ₹2,326 Cr | 0.15% | 6.5% | 6.7% | 6.7% |
 PGIM India Liquid Fund | ₹1,773 Cr | 0.22% | 6.5% | 6.6% | 6.7% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to provide current income with high liquidity through 100% investment in debt and money market instruments.
Fund managers
- Chandni GuptaShe holds B.E. degree in IT and CFA degree from CFA Institute, USA.Prior to joining Franklin India Mutual Fund, she has worked with ICICI Prudential Asset Management Company Limited Morgan Stanley Investment Management, HSBC Bank, Standard Chartered Mutual Fund.
- Rohan MaruMr. Maru is M.Com and MBA in Finance.Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential Mutual Fund, Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.29% absolute | ₹60,000 | ₹61,974 | 3.29% | |
| 1 year6.50% annualised | ₹1,20,000 | ₹1,24,310 | 3.59% | |
| 3 years6.88% annualised | ₹3,60,000 | ₹4,00,867 | 11.35% | |
| 5 years6.38% annualised | ₹6,00,000 | ₹7,08,303 | 18.05% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.