Suitability:
Ultra Short Duration debt funds invest in bonds maturing in 3 to 6 months' time. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to 3 months maturity, from the one that invests in bonds maturing in 3-6 months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to the next one year in a Liquid fund.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1 Month | 3 Months | 1 Years | 3 Years | 5 Years | 10 Years | |
---|---|---|---|---|---|---|---|
Fund | 9.14 | 0.79 | 2.17 | 9.67 | 8.87 | 9.24 | -- |
CCIL T Bill Liquidity Weight | 4.21 | 0.30 | 0.89 | 4.41 | 4.19 | 4.52 | -- |
Debt: Ultra Short Duration | 7.06 | 0.51 | 3.28 | 7.12 | 6.80 | 7.58 | -- |
Rank within category | 2 | 1 | 2 | 2 | 2 | 2 | -- |
Number of funds in category | 23 | 27 | 26 | 23 | 17 | 17 | 0 |
As on 13-Dec-2019
Best (Period) | Worst (Period) | |
---|---|---|
Month | 1.27 (30-Aug-2013 - 01-Oct-2013) | 0.20 (17-Apr-2018 - 17-May-2018) |
Quarter | 3.05 (24-Jul-2013 - 23-Oct-2013) | 1.49 (06-Nov-2017 - 05-Feb-2018) |
Year | 10.93 (26-Jul-2013 - 28-Jul-2014) | 7.48 (25-Sep-2017 - 25-Sep-2018) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 8.47 | 0.56 | 4.79 | 7.66 | 1.28 | 4.82 |
CCIL T Bill Liquidity Weight | 4.11 | 0.25 | -6.57 | -10.84 | -- | -- |
Debt: Ultra Short Duration | 6.70 | 1.55 | 2.02 | 4.16 | 1.53 | 3.48 |
Rank within category | 2 | 9 | 1 | 3 | 9 | 4 |
Number of funds in category | 19 | 19 | 19 | 19 | 19 | 19 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Nov-2019
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 116 | 149 | 116 | 41 |
Modified Duration (yrs) | 0.50 | 0.52 | 0.39 | 0.36 |
Average Maturity (yrs) | 0.62 | 0.62 | 0.49 | 0.40 |
Yield to Maturity (%) | 10.48 | 10.48 | 9.25 | 6.29 |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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9.45% Vedanta 17/08/2020 | Debenture | AA | 0.00 - 4.71 | 4.71 |
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Edelweiss Rural & Corporate Services 29/11/2021 | Debenture | AA- | 0.00 - 4.36 | 4.36 |
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8.25% Vodafone Idea 2020 | Bonds/Debentures | BBB- | 0.00 - 4.21 | 4.21 |
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9.60% Renew Power 26/02/2021 | Debenture | A+ | 3.32 - 4.47 | 3.99 |
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8.35% Bharti Airtel 20/04/2021 | Non Convertible Debenture | AA | 0.00 - 3.23 | 3.23 |
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JM Financial Credit Solutions 23/07/2024 | Debenture | AA | 0.00 - 3.20 | 3.20 |
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9.00% Indostar Capital Finance 2023 | Debenture | AA- | 2.19 - 2.92 | 2.61 |
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8.25% Bharti Airtel 20/04/2020 | Non Convertible Debenture | AA | 0.00 - 2.36 | 2.36 |
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Indostar Capital Finance 2021 | Debenture | AA- | 1.50 - 2.32 | 2.32 |
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8.57% NUVOCO Vistas Corp. 14/09/2020 | Debenture | AA | 0.00 - 2.24 | 2.24 |
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9.60% Piramal Realty 13/03/2020 | Debenture | A- | 0.00 - 2.07 | 2.07 |
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9.60% Aasan Corporate Solutions 13/12/2019 | Debenture | A- | 0.00 - 2.04 | 2.04 |
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Bharti Telecom 19/02/2021 | Zero Coupon Bonds | AA+ | 0.00 - 1.62 | 1.62 |
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8.10% Shriram Transport Finance 30/03/2020 | Non Convertible Debenture | AA+ | 0.00 - 1.48 | 1.48 |
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Northern ARC Capital 16/07/2021 | Debenture | A+ | 0.40 - 0.56 | 1.45 |
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Clix Capital Services 27/06/2023 | Debenture | AA- | 1.17 - 1.54 | 1.40 |
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9.60% Aasan Corporate Solutions 20/12/2019 | Debenture | A- | 0.00 - 1.39 | 1.39 |
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Hero Solar Energy 21/06/2022 | Debenture | A+ | 0.00 - 1.33 | 1.33 |
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10.15% Uttar Pradesh Power Corporation 20/01/2021 | Debenture | A+ | 0.76 - 1.33 | 1.33 |
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DLF Home Developers Ltd 88-D 27/12/2019 | Commercial Paper | A1 | 0.00 - 1.70 | 1.32 |
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Tata Realty and Infrastructure 2021 | Debenture | AA | 0.00 - 1.25 | 1.25 |
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9.75% Uttar Pradesh Power Corporation 20/10/2020 | Debenture | A+ | 0.40 - 1.20 | 1.20 |
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Clix Capital Services 25/05/2023 | Debenture | AA- | 0.00 - 1.19 | 1.19 |
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Motilal Oswal Home Finance 28/09/2023 | Debenture | AA- | 0.00 - 1.18 | 1.18 |
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Pune Solapur Expressways 31/03/2029 | Debenture | A | 0.00 - 1.15 | 1.15 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Nov-2019
— Pallab Roy since 01-Jan-2013
Education: Mr. Roy is a M.Com and MBA (Finance).
Experience: He has been associated with Franklin Templeton Investments since 2001.
Funds Managed:
— Santosh Kamath since 25-Oct-2018
Education: Mr. Kamath is a B.E ( Electronics ) from REC Bhopal and PGDM (Management) from XLRI Jamshedpur.
Experience: Prior to joining Franklin Templeton Investments he has worked with ING Vysya AMC, Zurich Asset Management, SBI Mutual, CRISIL and Jardine Fleming Asset Management.
Interviews:
Funds Managed:
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The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Minimum Investment (₹) | 10,000 |
Minimum Addl Investment (₹) | 1,000 |
Minimum SIP Investment (₹) | 500 |
Minimum No of Cheques | 12 |
Minimum Withdrawal (₹) | 1,000 |
Minimum Balance (₹) | -- |
Exit Load | 0 |
Fund House: | Franklin Templeton Mutual Fund |
Launch Date: | 01-Jan-2013 |
Benchmark: | NIFTY Ultra Short Duration Debt |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 16,882 Cr (As on 30-Nov-2019) |
Expense: | 0.40% (As on 30-Nov-2019) |
Risk Grade: | Below Average |
Return Grade: | High |
Turnover: | -- |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 12-Dec-2019 | 0.0020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 06-Dec-2019 | 0.0086 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fund News - 11-Nov-2019
Benchmark change in schemes of Franklin Templeton Mutual Fund
Fund News - 25-Oct-2018
Fund Manager change in Six Schemes of Franklin Templeton Mutual Fund
Fundwire - 16-Aug-2013
AMC: Franklin Templeton Asset Management India Private Ltd
Address: Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West) Mumbai - 400013
Phone: 1800-425-4255 / 60004255
Email: [email protected]
Website: www.franklintempletonindia.com
Registrar & Transfer Agent: Franklin Templeton Asset Management (India) Pvt. Ltd.
Address: Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi Chennai - 600096