Franklin India Short Term Fund
Franklin Templeton Mutual Fund · Best Short Duration Mutual Funds
This is the Regular plan of Franklin India Short Term Fund — 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.
NAV history
Scorecard
Not ratedHow 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 — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough Short Duration Fund peers to rank yet
Volatility not available yet
0.9% expense vs 0.9% category avg
Not enough history for a rolling 3Y view
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Short Duration 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.
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
Pick a longer period to plot the path.
1 monthly installments of ₹10,000 into Franklin India Short Term Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as debtThis 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.
Your income-tax slab — no LTCG or indexation benefit
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.
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.
HDFC Flexi Cap among 7 mutual funds that multiplied investors' wealth up to 24x in 20 years
The Economic Times · 5h ago
Franklin Templeton Mutual Fund has declared income distribution under its few schemes
Value Research · 1d ago
Mutual fund SIP flows double in nearly 3 years, investor accounts rise 12.5% YoY: Franklin Templeton India
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Indiablooms · 2d ago
Franklin Templeton AMC announces change in name of Ultimate Parent company
Investment Guru · 2d ago
Top 10 mutual fund updates on August 19: Global fund reopenings, name changes, and other key developments
Upstox · 2d ago
Franklin India Short Term Fund - Direct Plan Portfolio
The Economic Times · 2d ago
Franklin India Low Duration Fund - Direct Plan
CNBC TV18 · 11d ago
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 Debt funds
Debt funds lend money to governments and companies and earn interest. They're generally steadier than equity funds; their risk comes from interest-rate moves and, for some, the creditworthiness of borrowers.
Frequently asked questions
What is the NAV of Franklin India Short Term Fund?
As of 20 Aug 2026, the NAV of Franklin India Short Term Fund is ₹10.01 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Franklin India Short Term Fund delivered?
Franklin India Short Term Fund has returned +0.09% 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 Short Term Fund?
Franklin India Short Term Fund charges an expense ratio of 0.92% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
How risky is Franklin India Short Term Fund?
It is rated low to moderate on SEBI's risk-o-meter 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 Short Term Fund?
Franklin India Short Term Fund is benchmarked against the NIFTY Short Duration Debt Index A-II. Its alpha and beta on this page are measured against that index.
Who manages Franklin India Short Term Fund?
Franklin India Short Term Fund is managed by Rahul Goswami, Rohan Maru and Anuj Tagra at Franklin Templeton.
How is Franklin India Short Term Fund taxed?
Franklin India Short Term Fund 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.