Franklin India Short-Term Income Plan (no. of segregated portfolios- 3)

₹0.0000 as on 25 Aug 2026, 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.

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.

Growth reinvests everything the fund earns back into the NAV. Nothing is paid out, so the NAV rises with returns and you are taxed only when you sell. For anybody who does not need income from the investment, Growth is the simpler and usually the more tax-efficient option.

Portfolio duration of 1 to 3 years. The middle of the debt range. A rate rise hurts for a while and is then earned back at the higher rate — which is why the holding period matters more here than the headline return.

Typically 2 to 3 years. Money with a two- to three-year horizon.