Franklin India Ultra Short to Short Term Fund
- NAV as on 25 Sep 2026
- ₹11.07-0.05%1 day
- Return since launch
- 6.7%
- 52-week range
- ₹10.45 — ₹11.08
- AUM
- ₹392 Cr
Franklin India Ultra Short to Short Term Fund is a Low Duration debt fund from Franklin Templeton Mutual Fund with ₹392 Cr under management, launched in 2025. The expense ratio is 0.72% and the SEBI riskometer reading is Moderate.
Performance
Franklin India Ultra Short to Short Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.9% against +5.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.8% | +0.2 pts | 5.7% | 6.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.4% | 0.4% |
| 3M | 1.2% | −0.1 pts | 1.3% | 1.3% |
| 6M | 3.0% | −0.2 pts | 3.2% | 3.2% |
| 1Y | 5.9% | +0.2 pts | 5.7% | 5.7% |
Since launch (25 Feb 2025): 6.7%
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
0.72%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.61%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.10%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Low Duration Debt 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 moderate risk — typically medium duration debt and conservative hybrid schemes.
Portfolio
Franklin India Ultra Short to Short Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt43.4%
- Other56.6%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 56.91% | ₹223 Cr | +0.95% | +1.01% | +0.84% |
| National Bank For Agriculture & Rural Development | Financial | 9.29% | ₹36.44 Cr | +11.13% | +11.77% | +5.55% |
| Punjab State | Others | 8.97% | ₹35.16 Cr | — | — | +2.91% |
| Poonawalla Fincorp Ltd. | Financial | 7.86% | ₹30.82 Cr | +4.66% | +5.32% | +5.63% |
| Jubilant Bevco Ltd. | Consumer Staples | 7.49% | ₹29.37 Cr | +6.69% | +7.14% | +7.49% |
| RJ Corp Ltd. | Consumer Staples | 6.58% | ₹25.78 Cr | +5.88% | +6.27% | — |
| Embassy Office Parks REIT | Construction | 6.45% | ₹25.31 Cr | +5.90% | +6.32% | +6.93% |
| LIC Housing Finance Ltd. | Financial | 6.45% | ₹25.30 Cr | +6.25% | +6.63% | — |
| REC Ltd. | Financial | 6.38% | ₹25.03 Cr | +6.16% | +2.60% | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 5.19% | ₹20.36 Cr | +4.71% | — | — |
| Jubilant Beverages Ltd. | Consumer Staples | 4.72% | ₹18.49 Cr | +4.21% | +4.49% | +4.72% |
| Bajaj Finance Ltd. | Financial | 4.14% | ₹16.22 Cr | — | — | — |
| Tata Capital Financial Services Ltd. | Financial | 3.86% | ₹15.14 Cr | +3.73% | +3.96% | +7.15% |
| Tata Capital Housing Finance Ltd. | Financial | 3.84% | ₹15.04 Cr | — | — | — |
| Rajasthan State | Others | 2.74% | ₹10.73 Cr | — | — | — |
| Mankind Pharma Ltd. | Healthcare | 2.63% | ₹10.32 Cr | +2.36% | +6.50% | — |
| West Bengal State | Others | 2.60% | ₹10.19 Cr | — | — | — |
| GOI | Sovereign | 1.07% | ₹4.19 Cr | +0.97% | +1.04% | +4.11% |
| ICICI Bank Ltd. | Financial | -6.38% | ₹-25.00 Cr | -5.85% | -8.76% | -9.57% |
| Standard Chartered Bank | Financial | -11.48% | ₹-45.00 Cr | -10.53% | -10.01% | — |
| ICICI Securities Primary Dealership Ltd. | Financial | -31.88% | ₹-125.00 Cr | -22.23% | -17.52% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| ICICI Securities Primary Dealership Ltd. | 3.57% | -31.88% | -35.45% |
| Standard Chartered Bank | 10.71% | -11.48% | -22.18% |
| Power Finance Corporation Ltd. | 6.19% | 0.00% | -6.19% |
| HDFC Bank Ltd. | 4.59% | 0.00% | -4.59% |
| Punjab State | 9.55% | 8.97% | -0.58% |
| Jubilant Bevco Ltd. | 6.95% | 7.49% | +0.54% |
| National Bank For Agriculture & Rural Development | 6.35% | 6.84% | +0.49% |
| Embassy Office Parks REIT | 5.98% | 6.45% | +0.47% |
| LIC Housing Finance Ltd. | 5.99% | 6.45% | +0.46% |
| RJ Corp Ltd. | 6.12% | 6.58% | +0.46% |
| ICICI Bank Ltd. | -5.95% | -6.38% | -0.43% |
| Mahindra & Mahindra Financial Services Ltd. | 4.84% | 5.19% | +0.36% |
| Jubilant Beverages Ltd. | 4.39% | 4.72% | +0.33% |
| Bajaj Finance Ltd. | 3.84% | 4.14% | +0.30% |
| Tata Capital Financial Services Ltd. | 3.58% | 3.86% | +0.28% |
| Tata Capital Housing Finance Ltd. | 3.56% | 3.84% | +0.28% |
| Mankind Pharma Ltd. | 2.44% | 2.63% | +0.19% |
| Rajasthan State | 2.55% | 2.74% | +0.19% |
| West Bengal State | 2.41% | 2.60% | +0.19% |
| Poonawalla Fincorp Ltd. | 2.42% | 2.60% | +0.19% |
| GOI | 0.99% | 1.07% | +0.08% |
| Others | 0.26% | 0.28% | +0.02% |
| REC Ltd. | 6.37% | 6.38% | +0.01% |
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 | ₹5,593 Cr | 0.45% | 6.2% | 6.8% | 6.9% |
 ICICI Prudential Ultra Short to Short Term Fund | ₹21,047 Cr | 0.53% | 6.2% | 7.0% | 7.1% |
 Tata Ultra Short to Short Term Fund | ₹2,871 Cr | 0.57% | 6.2% | 6.7% | 6.7% |
 UTI Ultra Short to Short Term Fund | ₹2,680 Cr | 0.48% | 6.2% | 6.9% | 6.9% |
 Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | ₹1,228 Cr | 0.36% | 6.3% | — | — |
 Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | ₹138 Cr | 0.29% | 6.2% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate income by investing in debt and money market instruments, with Macaulay duration of the portfolio between 6 to 12 months. However, there is no assurance that the investment objective of the Scheme will be achieved.
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.
- Rahul GoswamiMr. Goswami is a B. Sc (Mathematics and MBA (Finance)Prior to joining Franklin Templeton Mutual Fund, he has worked with ICICI Prudential AMC , UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.
- 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 months2.99% absolute | ₹60,000 | ₹61,794 | 2.99% | |
| 1 year5.89% annualised | ₹1,20,000 | ₹1,23,898 | 3.25% |
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.