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Franklin India Ultra Short Bond Fund - Institutional Plan

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Debt: Ultra Short Duration

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1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.28 Lakh

Suitability:

"Ultra Short Duration debt funds invest in bonds maturing in three to six months. 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 over the said timeframe is low but they do not guarantee returns or safety of capital.

Such funds are usually more suited to institutional investors. 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 three months maturity, from the one that invests in bonds maturing in three to six 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 a year in a Liquid fund.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 11.20 0.06 1.57 2.48 4.47 8.29 11.60 8.35 8.19 8.55 8.90
CCIL T Bill Liquidity Weight 1.87 -0.01 0.04 0.16 0.43 1.05 2.00 3.20 3.53 3.98 4.47
Debt: Ultra Short Duration 3.26 0.02 0.06 0.31 0.83 1.86 3.48 5.29 5.51 6.28 7.41

As on 06-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Ultra Short Bond Fund - Institutional Plan  | Invest Online Now
Unrated
 Dec-07 11.60 8.35 8.19 -- 756
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
 Nov-01 3.93 6.57 6.77 0.48% 16,758
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
 Sep-18 3.55 6.02 -- 0.64% 14,452
Kotak Savings Fund Regular Plan  | Invest Online
4 star
 Aug-04 3.18 5.72 6.19 0.77% 11,873
ICICI Prudential Ultra Short Term Fund  | Invest Now
5 star
 May-11 4.00 6.42 6.61 0.91% 11,143

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.61 24-Nov-2021 - 01-Dec-2021 -4.25 13-Jan-2020 - 20-Jan-2020
Month 2.47 29-Oct-2021 - 30-Nov-2021 -3.68 23-Dec-2019 - 22-Jan-2020
Quarter 4.58 31-Aug-2021 - 30-Nov-2021 -3.08 24-Dec-2019 - 24-Mar-2020
Year 11.62 03-Dec-2020 - 03-Dec-2021 3.53 25-Mar-2019 - 24-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.12 2.90 1.49 1.01 -0.65 3.93
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Ultra Short Duration 5.22 1.35 1.71 4.14 1.06 2.08

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 3 41 3 41
Modified Duration (yrs) 0.78 0.98 0.13 --
Average Maturity (yrs) 0.87 1.09 0.55 --
Yield to Maturity (%) 13.46 13.52 6.67 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up SBI Overnight Direct-G Mutual Fund -- 0.00 - 52.53 43.20
equal Clix Capital Services 27/06/2023 Debenture A+ 2.29 - 30.69 30.69
down Clix Capital Services 25/05/2023 Debenture A+ 1.95 - 23.98 16.34

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Nov-2021

*As on 31-Oct-2021

Fund Manager

— Pallab Roy since 20-Jun-2008

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:

0.06%

Change from previous, NAV as on 06-Dec-2021

Growth: ₹ 31.4259

IDCW Daily: ₹ 11.5093

Investment Strategy

The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.

Investment Details

Minimum Investment (₹) 1,00,00,000
Minimum Addl Investment (₹) 1,00,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 18-Dec-2007
Return Since Launch: 8.54%
Benchmark: NIFTY Ultra Short Duration Debt
Riskometer: Very High
Type: Open-ended
Assets: ₹ 756 Cr (As on 30-Nov-2021)
Expense: -- (As on )
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily15-Jan-20200.0018

 14-Jan-20200.0003
 13-Jan-20200.0055
 10-Jan-20200.0013
 09-Jan-20200.0021
 08-Jan-20200.0026
 07-Jan-20200.0019
 06-Jan-20200.0048
 03-Jan-20200.0031
 02-Jan-20200.0035
 01-Jan-20200.0034
 31-Dec-20190.0019
 30-Dec-20190.0037
 27-Dec-20190.0019
 26-Dec-20190.0029
 24-Dec-20190.0011
 23-Dec-20190.0061
 20-Dec-20190.0016
 19-Dec-20190.0024
 18-Dec-20190.0031
 17-Dec-20190.0024
 16-Dec-20190.0052
 12-Dec-20190.0019
 11-Dec-20190.0016
 10-Dec-20190.0022
IDCW Weekly28-Aug-20150.0113

 21-Aug-20150.0137
 14-Aug-20150.0128
 07-Aug-20150.0123
 31-Jul-20150.0129
 24-Jul-20150.0121
 17-Jul-20150.0121
 10-Jul-20150.0135
 03-Jul-20150.0139
 26-Jun-20150.0118
 19-Jun-20150.0126
 12-Jun-20150.0116
 05-Jun-20150.0142
 29-May-20150.0142
 22-May-20150.0161
 15-May-20150.0140
 08-May-20150.0105
 30-Apr-20150.0089
 24-Apr-20150.0121
 17-Apr-20150.0107
 10-Apr-20150.0197
 01-Apr-20150.0160
 27-Mar-20150.0124
 20-Mar-20150.0130
 13-Mar-20150.0130

Contact Information

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: http://www.franklintempletonindia.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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