This scheme has not published a NAV since 11 Sep 2023 — 3.0 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.
Franklin India Low Duration Fund (No. of Segregated Portfolios-2)
Fund basics
Returns
No CAGR is shown for an scheme, and that is deliberate. Its NAV falls by every payout it makes, so a return computed from NAV alone understates it by exactly the amount distributed — and AMFI's daily file carries no payout history to add back. A wrong number wearing the right label is worse than an honest gap. The Growth option of this same fund is the one to compare on returns.
Direct vs Regular — same portfolio, two prices
The same fund, the same manager, the same shares. The only difference is the distributor commission inside the Regular plan's expense ratio — charged every year, on the whole balance.
| Plan | NAV | 1y | 3y | 5y |
|---|---|---|---|---|
| Direct (this page) | 0.0000 | — | — | — |
| Regular | 0.0000 | — | — | — |
Everything the NAV says
Computed from 372 published NAVs between 2 Mar 2022 and 8 Sep 2023 — 1.5 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 Low Duration Fund (No. of Segregated Portfolios-2) Direct | 258.67 | 266.96 | 279.90 | 308.75 | — | — | — | — | 150.68 |
| Low Duration category median · 25 funds | — | — | — | 6.22 | 7.29 | 6.46 | — | 6.89 | — |
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 Direct plan in Low 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 11 Sep 2023.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| Franklin India Low Duration Fund (No. of Segregated Portfolios-2) Direct | 208.91 | 0.69 | — | — | — | -21.97 |
Risk measures use a risk-free rate of 6.5% and are stated so they can be checked — a ratio quoted without its risk-free rate cannot be. Beta and alpha need an index, so they are blank for the benchmark row itself.
Risk
| Volatility | Downside volatility | Sharpe |
|---|---|---|
| 208.9% | — | 0.69 |
Sharpe and Sortino use a risk-free rate of 6.5%, roughly the 10-year government bond. Both are stated so the figure can be checked — a ratio quoted without its risk-free rate cannot be.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -22.0% | 12 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.
Calendar years
How it compares with its closest peers
The same category, the same plan, the same option — the only comparison that means anything. A Low Duration Direct Plan scheme against another of exactly the same kind.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| Franklin India Low Duration Fund (No. of Segregated Portfolios-2) Franklin Templeton Mutual Fund · this scheme | — | — | — | 208.9% | 0.69 | -22.0% |
| Franklin India Low Duration Fund (No. of Segregated Portfolios-2) Franklin Templeton Mutual Fund | 7.0% | — | — | 3.8% | 0.13 | -12.5% |
| Franklin India Low Duration Fund (No. of Segregated Portfolios-2) Franklin Templeton Mutual Fund | 7.0% | — | — | 4.8% | 0.10 | -13.1% |
| Franklin India Low Duration Fund (No. of Segregated Portfolios-2) Franklin Templeton Mutual Fund | 8.1% | — | — | 3.2% | 0.51 | -10.6% |
| Franklin India Low Duration Fund (No. of Segregated Portfolios-2) Franklin Templeton Mutual Fund | — | — | — | 208.8% | 0.69 | -22.0% |
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 Low Duration scheme is
Portfolio duration of 6 to 12 months.
Where a savings account's job is done better, if the money can sit for a year. Small rate sensitivity, generally better returns than a bank deposit of the same tenure.
Who it suits. A one-year horizon.
How long money should stay. 6 to 12 months.
Compare this scheme with others →
Questions people ask
What is the NAV of Franklin India Low Duration Fund (No. of Segregated Portfolios-2) — Direct Plan —?
₹0.0000 as on 11 Sep 2023, 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 Low Duration 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 6 to 12 months. Where a savings account's job is done better, if the money can sit for a year. Small rate sensitivity, generally better returns than a bank deposit of the same tenure.
How long should money stay in it?
Typically 6 to 12 months. A one-year horizon.