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Franklin India Ultra Short Bond Fund (Number of Segregated Portfolio 1)##

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Annualised Returns As of 31/12/2021
Minimum Investment/Multiples for Fresh Purchase (INR)

Sup.Inst.- 10000/1

Additional Investment/Multiples thereof (INR)

Sup.Inst.: 1000/1

Over 150,000 Unique Investors (As of 31/12/2021)
Why should you invest in Franklin India Ultra Short Bond Fund (Number of Segregated Portfolio 1)?
  • This fund endeavors to strike an optimum balance between regular income and high liquidity
  • This balance is achieved through a judicious mix of short term debt and money market instruments
What are the “Tax Benefits” of investing in this fund?**
  • Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
  • Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months
  • Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.
  • In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
What is the “Ideal Investment Horizon” while investing in this fund?

The recommended investment horizon is “1 month or more ”

Alternative To
  • Short Term Savings Instruments

Suitable For
  • Regular Income

  • Parking of short term funds

Fund Video

Fund Information

  • Inception 18/12/2007
  • Entry Load Nil
  • Exit Load Nil
  • NAV in INR as on 25/01/2022
  • Institutional-Growth 31.8356
  • Institutional-Daily - IDCW 11.6591
  • Retail-Growth 31.0349
  • Retail-Daily - IDCW 11.7006
  • Retail-Weekly - IDCW 11.7974
  • Super Institutional-Growth 32.9077
  • Super Institutional-Daily - IDCW 11.7620
  • Super Institutional-Weekly - IDCW 11.7924
  • Super institutional - Direct-Growth 33.1120
  • Super institutional - Direct-Daily - IDCW 11.7524
  • Super institutional - Direct-Weekly - IDCW 11.7958
  • Additional Fund Information as on 31/12/2021
  • Fund Size in INR (CR) 280.95
  • Weighted Average Maturity 1.43 Years
  • Modified Duration [3] 1.31 Years
  • Yield to Maturity [2] 13.04%
  • Expense Ratio [#] 0.04
  • Expense Ratio (Direct) [#] 0.04
  • Benchmark(s) NIFTY Ultra Short Duration Debt IndexINST2::Crisil 1 Year T-Bill Index
  • Fund Manager Pallab Roy & Santosh Kamath
Product Label
This product is suitable for Investors who are seeking*:
  • Regular income for short term
  • A fund that invests in short term debt and money market instruments
Very High

*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.

Riskometer of Benchmark: NIFTY Ultra Short Duration Debt Index

Moderately High

[##]IDCW - Income Distribution cum Capital Withdrawal

##Franklin India Ultra Short Bond Fund- Segregated Portfolio 1- 8.25% Vodafone Idea Ltd-10JUL20

Post the creation of the segregated portfolio (8.25% Vodafone Idea Ltd 10JUL20) on January 24, 2020, the annual coupon due and the full principal due along with the interest was received by the segregated portfolio on June 12, 2020 and July 10, 2020 respectively. With these receipts, the segregated portfolio completed full recovery on July 10, 2020.

All investments in debt funds are subject to various types of risks including credit risk, interest rate risk, liquidity risk etc. Some fixed income schemes may have a higher concentration to securities rated below AA and therefore may be exposed to relatively higher risk of downgrade or default and the associated volatility in prices which could impact NAV of the scheme. Credit rating issued by SEBI registered entities is an opinion of the rating agency and should not be considered as an assurance of repayment by issuer. There is no assurance or guarantee of principal or returns in any of the mutual fund scheme.

[#] The rates specified are the actual expenses charged as at the end of the month. The above ratio includes the GST on Investment management fees. The above expense also includes proportionate charge in respect sales of beyond T-30 cities subject to maximum of 30 bps on daily net assets wherever applicable.

[2] Pre fund expenses.

[3] Modified duration of floating rate securities is calculated based on the next reset date.

** The information given here is neither a complete disclosure of every material fact of Income-tax Act 1961 nor does it constitute tax or legal advice. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.