Franklin India Income Opportunities Fund (no. of segregated portfolios- 2)
Direct–Growth is the plan and option we treat as this fund's main page, so search engines are pointed there. Everything below is this filing's own data.
This scheme has not published a NAV since 12 Dec 2021 — 4.7 years ago. It has most likely matured, merged or been wound up, so every figure below is a record of what it did up to that date, not a current price. Do not read it as a fund you can buy today.
Fund basics
Everything the NAV says
Computed from 2,154 published NAVs between 1 Jan 2013 and 12 Dec 2021 — 8.9 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
How it has moved
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| Franklin India Income Opportunities Fund (no. of segregated portfolios- 2) Regular | 0.42 | 2.26 | 4.77 | 15.80 | 2.16 | 1.62 | 1.51 | — | 1.89 |
| Medium Duration category median · 19 funds | — | — | — | 6.34 | 6.84 | 6.16 | — | 7.05 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index fund named below, priced daily by AMFI like every other scheme here. The category row is the median Regular plan in Medium Duration — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 12 Dec 2021.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| Franklin India Income Opportunities Fund (no. of segregated portfolios- 2) Regular | 5.31 | -0.82 | -0.87 | — | — | -16.17 |
Risk-free rate 6.5%. Beta and alpha need an index, so the benchmark's own row leaves them blank.
Risk
| Volatility | Downside volatility | Sharpe | Sortino |
|---|---|---|---|
| 5.3% | 5.0% | -0.82 | -0.87 |
Risk-free rate 6.5%, roughly the 10-year government bond.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -16.2% | 9 months | At a high |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
Every one-year period it has lived through
| Best year | Median year | Worst year | Losing years |
|---|---|---|---|
| 22.5% | 1.1% | -14.9% | 28% |
Rolling returns ask a fairer question than a single five-year figure: not "what did it do from this one start date", but "what happened across every start date". A fund whose worst year is −45% is a different proposition from one whose worst is −8%, even if the averages match.
Calendar years
If you had run a SIP
₹10,000 every month for five years — ₹600,000 invested in all — would be worth ₹654,495 today, an XIRR of 3.43% a year.
XIRR, not CAGR. A SIP's money arrives over sixty months, so most of it has been invested for far less than five years — which is why this figure normally sits below the five-year CAGR above in a rising market, and above it in a falling one. It is the return the investor got, not the return the fund got.
How it compares in its category
Against the Medium Duration Regular schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| Franklin India Income Opportunities Fund (no. of segregated portfolios- 2) Franklin Templeton Mutual Fund · this scheme | 2.2% | — | — | 5.3% | -0.82 | -16.2% |
| Aditya Birla Sun Life Medium Term Plan Aditya Birla Sun Life Mutual Fund | 9.8% | — | — | 4.9% | 0.67 | -13.0% |
| Kotak Medium Term Fund Kotak Mahindra Mutual Fund | 8.0% | — | — | 1.9% | 0.78 | -5.3% |
| Nippon India Medium Term Fund (Existing Number of Segregated Portfolios - 1) Nippon India Mutual Fund | 7.9% | — | — | 8.6% | 0.16 | -30.4% |
| ICICI Prudential Medium Term Fund ICICI Prudential Mutual Fund | 7.8% | — | — | 1.6% | 0.85 | -5.3% |
| Axis Medium Term Fund Axis Mutual Fund | 7.8% | — | — | 2.4% | 0.55 | -7.5% |
| SBI MEDIUM TERM FUND SBI Mutual Fund | 7.3% | — | — | 3.5% | 0.24 | -11.9% |
| HDFC Medium Term Fund HDFC Mutual Fund | 7.3% | — | — | 1.5% | 0.52 | -3.5% |
| DSP Medium Term Fund DSP Mutual Fund | 7.0% | — | — | 2.7% | 0.19 | -5.6% |
Alpha and beta are against the category index. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Medium Duration scheme is
Portfolio duration of 3 to 4 years.
Longer maturities mean a rate cut is worth more and a rate rise costs more. Check what the fund holds as well as how long — several medium-duration funds have taken credit risk to lift returns.
Who it suits. Investors comfortable with some interest-rate movement.
How long money should stay. 3 to 4 years.
Questions people ask
What is the NAV of Franklin India Income Opportunities Fund (no. of segregated portfolios- 2) — —?
₹12.4807 as on 12 Dec 2021, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of Franklin India Income Opportunities Fund (no. of segregated portfolios- 2)?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the option mean?
An IDCW option pays part of the fund's gains out to you, and the NAV falls by exactly what it pays. It is not extra return — it is your own money returned, taxed at your slab rate. That also means a return computed from NAV alone understates an IDCW scheme, which is why no CAGR is shown here for it.
What kind of scheme is this?
Portfolio duration of 3 to 4 years. Longer maturities mean a rate cut is worth more and a rate rise costs more. Check what the fund holds as well as how long — several medium-duration funds have taken credit risk to lift returns.
How long should money stay in it?
Typically 3 to 4 years. Investors comfortable with some interest-rate movement.