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Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption

Q: What is the NAV of Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption?

As of 04 Oct 2026, the NAV of Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption is ₹13.09 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Franklin Templeton Mutual Fund · Best Overnight Mutual Funds

NAV

₹13.09

+0.04% 1D

as of 04 Oct 2026

This is the Regular plan of Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+5.32%CAGR

52-week rangePrev NAV ₹13.08

Latest ₹13.09

Low ₹12.43100th percentile of its 52-week rangeHigh ₹13.09

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Debt funds (same plan and option) to rank against yet.

PerformanceStrong

3Y CAGR +6.05% · ranks 2 of 33 Overnight Funds

RiskHigh

Volatility 0.1% vs 0.1% category avg

CostLow

0.1% expense vs 0.2% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Ranks #2 of 35 on 1-year return in its Overnight Fund cohort
Low expense ratio (0.11%) vs the Overnight Fund average of 0.19%
Consistent — positive in 100% of rolling 3-year windows

Concerns

More volatile than its Overnight Fund peers (0.1% vs 0.1%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.11%

Category 0.19%▼0.08%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

NIFTY 1D Rate Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

06 Jan 2022

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.40%

Absolute return over the last 3 months (not annualized)

+1.28%

Absolute return over the last 6 months (not annualized)

+2.59%

Absolute return since 1 Jan of this year (not annualized)

+3.92%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+5.32%

3-year annualized return (CAGR)

+6.05%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+5.84%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.13%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

0.00%

Benchmark ratios

Not shown for Overnight Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Overnight Fund)

Period	Fund	Category avg.	Diff
1M abs	+0.40%	+0.38%	+0.02%
3M abs	+1.28%	+1.24%	+0.04%
6M abs	+2.59%	+2.51%	+0.08%
1Y CAGR	+5.32%	+5.14%	+0.18%
3Y CAGR	+6.05%	+5.94%	+0.11%
5Y CAGR	—	+5.63%	—

Category average across peers in Overnight Fund (up to 39 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 39 peers in Overnight Fund

1Y return

+5.32%

Beats 97.1% · rank #2

3Y return

+6.05%

Beats 96.9% · rank #2

5Y return

—

Sharpe

—

Sortino

—

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹3.91L

Absolute

+8.53%

XIRR

+5.69%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+3.97%
2025	+5.83%
2024	+6.66%
2023	+6.65%
2022part	+4.58%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

1,432

Expense ratio

0.11%

AUM

₹54.55Cr

Exit load

Nil

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Overnight Fund

Compare all


Franklin India Overnight Fund - Regular Plan - Unclaimed RedemptionThis fund Franklin Templeton · Regular · Growth	—	+5.32%	+6.05%	—	—	—	₹54.55Cr
Bank of India Overnight Fund Bank of India · Regular · Growth	★★★★☆	+5.46%	+6.16%	+5.83%	—	0.14%	₹80.05Cr
Axis Overnight Fund Axis · Regular · Growth	★★★★☆	+5.24%	+6.04%	+5.72%	—	0.13%	₹12,334Cr
Bajaj Finserv Overnight Fund Bajaj Finserv · Regular · Growth	★★★★★	+5.27%	+6.02%	—	—	0.16%	₹958.32Cr
quant Overnight Fund quant · Regular · Growth	★★★★☆	+4.96%	+6.01%	—	—	0.26%	₹61.28Cr
Franklin India Overnight Fund Franklin Templeton · Regular · Growth	★★★★☆	+5.28%	+6.00%	+5.66%	—	0.11%	₹1,011Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Cash & Equivalents94.62%
Debt5.38%

Fund size over time

Quarterly average AUM · AMFI

₹54.55Cr

April - June 2026

-5%

since January - March 2026

−₹3.46Cr

est. net flow, last quarter

At or near its largest, ₹57.28Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Franklin Templeton Mutual Fund is the Indian arm of Franklin Resources, the US manager, and has operated here since 1996. In April 2020 it wound up six of its Indian debt schemes — the largest such closure the industry has seen — and returned the money to unitholders over the following years.

Launched

18 Feb 1996

Total AUM

₹1,26,017Cr+2.0% QoQ

Avg AUM · April - June 2026

Website

franklintempletonindia.com

Fund Managers

PRPallab RoyManaging since 08 May 2019

Role

Assistant Vice President and Portfolio Manager Fixed Income

Education

MBA (Fin.), Assistant Vice President M.Com., DBF

Experience

Assistant Vice President and Portfolio Manager - Fixed Income (based at Mumbai). Prior assignments: • Franklin Templeton Asset Management (India) Pvt. Ltd. (June 2001 – till date). Responsible for Liquidity Management & Portfolio MIS – Fixed Income funds. Chief Investment Officer & Managing Director – Fixed Income (based at Mumbai).

Funds managed (9)

All schemes Pallab Roy runs →

RMRohan MaruManaging since 10 Oct 2024

Role

Vice President Portfolio Manager Fixed Income

Total experience

17.5 years

Education

PGeMBA – Mumbai Education Trust (Finance) Masters in Commerce – RA Podar College, Mumbai University Bachelors in management studies – VES College, Mumbai University.

Experience

Vice President- Portfolio Manager, Fixed Income (based in Mumbai). Prior Assignments (last 10 years): ICICI Prudential Asset Management Company Pvt Ltd (05 November 2012 till 27 September 2024) Vice President- Portfolio Manager, Fixed Income (based in Mumbai).

Funds managed (13)

All schemes Rohan Maru runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Pallab Roy Rohan Maru

Franklin Templeton in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Overnight funds

Overnight funds hold securities maturing the very next day, making them the lowest-risk debt category. They're a place to park cash for a few days with almost no interest-rate risk.

Frequently asked questions

What is the NAV of Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption?

As of 04 Oct 2026, the NAV of Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption is ₹13.09 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption delivered?

Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption has returned +5.32% over 1 year, +6.05% per year over 3 years and +5.84% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption?

Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption charges an expense ratio of 0.11% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption?

Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption's largest holdings are 91 DTB (24-Sep-2026) (3.2%) and 182 DTB (18-Sep-2026) (2.2%). Holdings are disclosed monthly and change over time.

How risky is Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption?

Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.1% and its worst peak-to-trough fall in our sample was 0.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption?

Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption is benchmarked against the NIFTY 1D Rate Index. Its alpha and beta on this page are measured against that index.

Who manages Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption?

Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption is managed by Pallab Roy and Rohan Maru at Franklin Templeton.

How is Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption taxed?

Franklin India Overnight Fund - Regular Plan - Unclaimed Redemption is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.