Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -0.02% | 0.33% | 1.57% | 3.16% | 6.42% | 7.34% | 6.66% | 6.24% | 6.75% |
NAV history
About this fund
Franklin India Money Market Fund is a liquid/money-market debt fund offered by Franklin Templeton Mutual Fund, classified under Debt as Debt Scheme - Money Market Fund. These funds are generally among the lowest-volatility fund types. Its latest NAV is ₹56.34, with assets under management of about ₹4,225 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Franklin India Money Market Fund has recorded a return of about 6.4%, with a three-year return of 7.3% and a five-year return of 6.7%. Its annualised volatility is 0.6% — relatively low fluctuations — and its Sharpe ratio is -0.14, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.12%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 6.76 | 7.34 | 3.40 | 9.31 | 100% | 0% |
| 3Y | 6.60 | 6.85 | 4.74 | 8.01 | 100% | 0% |
| 5Y | 6.26 | 6.17 | 5.87 | 7.18 | 100% | 0% |
| 7Y | 6.53 | 6.52 | 6.24 | 6.75 | 100% | 0% |
| 10Y | 6.80 | 6.80 | 6.75 | 6.84 | 100% | 0% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Nippon India Money Market Fund Debt Scheme - Money Market Fund | 0.25 | 1.48 | 3.07 | 6.30 | 7.33 | 6.78 | 6.73 | 0.19 |
| HDFC Money Market Fund Debt Scheme - Money Market Fund | 0.25 | 1.49 | 3.06 | 6.35 | 7.31 | 6.73 | 6.74 | – |
| DSP Money Market Fund Debt Scheme - Money Market Fund | 0.25 | 1.47 | 3.09 | 6.35 | 7.15 | 6.47 | 6.43 | – |
| Tata Money Market Fund Debt Scheme - Money Market Fund | 0.27 | 1.51 | 3.11 | 6.44 | 7.44 | 6.87 | 6.03 | 0.15 |
| Aditya Birla Sun Life Money Market Fund Debt Scheme - Money Market Fund | 0.25 | 1.51 | 3.11 | 6.34 | 7.33 | 6.76 | 6.82 | – |
| Kotak Money Market Fund Debt Scheme - Money Market Fund | 0.27 | 1.50 | 3.10 | 6.38 | 7.31 | 6.72 | 6.63 | – |
| SBI Money Market Fund Debt Scheme - Money Market Fund | 0.26 | 1.47 | 3.01 | 6.20 | 7.24 | 6.66 | 6.74 | – |
| ICICI Prudential Money Market Fund Debt Scheme - Money Market Fund | 0.28 | 1.51 | 3.08 | 6.33 | 7.30 | 6.70 | 6.68 | 0.18 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Franklin India Gilt Fund Debt Scheme - Gilt Fund | -0.72 | -0.65 | 1.71 | 3.71 | 6.19 | 5.24 | 5.39 | – |
| Franklin India Floating Interest Rates Fund Debt Scheme - Floater Fund | 0.09 | 0.78 | 2.66 | 5.92 | 7.93 | 7.11 | 6.90 | – |
| Franklin India Large & Mid Cap Fund Equity Scheme - Large & Mid Cap Fund | -7.37 | -7.31 | -5.53 | -9.87 | 9.16 | 7.23 | 10.86 | 1.07 |
| Franklin India Small Cap Fund Equity Scheme - Small Cap Fund | -7.12 | -6.44 | -2.50 | -1.96 | 9.23 | 13.82 | 13.97 | 0.76 |
| Franklin India Dividend Yield Fund Equity Scheme - Dividend Yield Fund | -3.86 | -4.71 | -6.17 | -6.68 | 10.06 | 10.40 | 13.58 | 1.05 |
| Franklin India Large Cap Fund Equity Scheme - Large Cap Fund | -3.72 | -4.49 | -5.00 | -8.28 | 8.63 | 6.36 | 10.26 | 0.94 |
| Franklin India Mid Cap Fund Equity Scheme - Mid Cap Fund | -7.91 | -8.02 | -4.41 | -6.30 | 12.87 | 11.48 | 13.25 | 0.81 |
| Franklin India Flexi Cap Fund Equity Scheme - Flexi Cap Fund | -4.76 | -5.85 | -5.99 | -9.70 | 9.08 | 9.39 | 12.60 | 0.75 |