Investment Objective and Approach

The Franklin India Money Market Fund is a debt mutual fund that focuses on generating income through investments in money market instruments and debt securities. The fund primarily invests in short-term debt and money market securities with high credit quality to provide liquidity and preserve capital while generating reasonable returns.

The fund follows a conservative investment approach by investing in:

- Money market instruments with maturity of up to one year

- Commercial papers, certificates of deposit, and treasury bills

- High-quality debt securities to minimize credit risk

- Short-duration instruments to reduce interest rate sensitivity

This approach makes it suitable for investors seeking better returns than traditional savings accounts while maintaining low risk and high liquidity.

Fund Managers

The Franklin India Money Market Fund is managed by experienced debt fund managers from Franklin Templeton Mutual Fund. The fund management team brings extensive expertise in fixed income securities and money market instruments, ensuring professional portfolio management and risk assessment.

The fund managers employ rigorous credit analysis and duration management strategies to optimize returns while maintaining the fund's low-risk profile. Their approach focuses on capital preservation and generating steady income for investors.

About the Fund House (AMC)

Franklin Templeton Asset Management (India) Pvt. Ltd., operating as Franklin Templeton Mutual Fund, is one of India's leading asset management companies. The company's entry into India dates back to 1996, and with the takeover of Pioneer ITI AMC Limited in 2002, it became the second-largest fund house in India.

As of 31 March 2024, Templeton Asset Management India Pvt. Ltd. currently offers around 197 schemes with an asset under management (AuM) of Rs. 87,897 Crores.

Key highlights of Franklin Templeton include:

- Global Heritage: Franklin Resources, Inc. is an American multinational investment management holding company founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin.

- Service Excellence: Franklin Templeton Investments is one of the few asset management companies that offer an in-house registrar for its clients for better service management and quality.

- Investor Engagement: The company offers loyalty programs where clients can get to engage with the fund management team, get invited to external management development programs, annual thought leadership platforms, and other extensive engagement events.

- Social Responsibility: The AMC has undertaken various CSR initiatives including installation of water purifier plants and supporting community development programs.

- Track Record: The company currently has 21 funds that have crossed the 10-year and also the 20-year mark.

Should I Invest in Franklin India Money Market Fund?

Franklin India Money Market Fund can be suitable for specific investor profiles and financial goals:

Ideal for:

- Conservative investors seeking better returns than savings accounts

- Those requiring high liquidity with low risk

- Investors looking for parking surplus funds for short to medium-term

- First-time debt fund investors wanting exposure to money market instruments

- Portfolio diversification with stable income component

Key Considerations:

- Low Risk Profile: The fund is rated Low to Moderate risk, making it suitable for risk-averse investors

- Reasonable Returns: The 1-year, 3-year and 5-year returns were 8.15%, 7.39% and 5.85% respectively as of recent data

- Competitive Costs: The expense ratio is 0.14% as of 4th April 2025, which is competitive in the money market category

- Accessibility: Minimum investment is ₹10,000 for lump sum and ₹500 for SIP

Performance Metrics:

- AUM of ₹2,547.13 Cr as of 4th April 2025

- Low volatility with standard deviation of 0.36

- High Sharpe ratio of 10.79 indicating good risk-adjusted returns

However, investors should consider their risk tolerance, investment horizon, and financial goals before investing. Money market funds typically offer lower returns compared to equity or hybrid funds but provide better stability and liquidity.

FAQs

What is today's NAV of Franklin India Money Market Fund?

The latest NAV varies between different plan options, with ₹50.5366 as of 28-Jul-2025 for the Retail Plan. Check the latest NAV on your investment platform for real-time updates.

What is the AUM of Franklin India Money Market Fund?

The fund has an AUM of ₹2,547.13 Cr as of 4th April 2025. The AUM reflects the total assets managed by the fund and indicates investor confidence.

What is the expense ratio of Franklin India Money Market Fund?

The expense ratio is 0.14% as of 4th April 2025, which is competitive for money market funds. Some plans may have different expense ratios.

What are the returns of Franklin India Money Market Fund since inception?

The fund has delivered 1-year, 3-year and 5-year returns of 8.15%, 7.39% and 5.85% respectively. Since inception returns vary based on the investment date and plan chosen.

What is the minimum SIP amount to invest in Franklin India Money Market Fund?

The minimum SIP amount is ₹500, making it accessible for systematic investment planning. This allows regular investment with small amounts.

How do I invest in Franklin India Money Market Fund?

You can invest through Allvest by completing your KYC, selecting the fund, choosing between lump sum or SIP, and making the payment. Allvest provides a seamless online investment experience.

How to start a SIP in Franklin India Money Market Fund?

On Allvest, select the fund, choose 'Start SIP', set your monthly amount (minimum ₹500), select frequency and start date. The SIP will be auto-debited from your bank account.

How do I automate an SIP in Franklin India Money Market Fund?

After starting SIP on Allvest, enable auto-debit facility by providing bank mandate. This ensures automatic monthly investments without manual intervention, making investing hassle-free.

How can I withdraw/redeem my investment in Franklin India Money Market Fund?

You can redeem your investment through Allvest by selecting the fund, choosing partial or full redemption, and confirming the transaction. The amount will be credited to your registered bank account within 1-2 business days.