InvestVerdict· Mutual Funds

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

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.

Fund basics

Launched first published NAV
CategoryShort DurationSEBI classification
Plan & optionRegular · Retail Plan Weekly IDCW code 148315
Benchmark no equity benchmark for this category
NAV as on27 Aug 2026source AMFI

How it compares in its category

Against the Short 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.

Return window
Scheme Return Alpha Beta Volatility Sharpe Max fall
ICICI Prudential Short Term Fund ICICI Prudential Mutual Fund 7.2% 1.5% 0.49 -3.5%
HDFC Short Term Fund HDFC Mutual Fund 7.2% 1.2% 0.60 -2.7%
Axis Short Term Fund Axis Mutual Fund 7.2% 1.3% 0.55 -2.6%
Nippon India Short Term Fund Nippon India Mutual Fund 7.1% 1.3% 0.48 -3.0%
BANK OF INDIA SHORT TERM FUND Bank of India Mutual Fund 7.1% 5.4% 0.11 -20.2%
Aditya Birla Sun Life Short Term Fund Aditya Birla Sun Life Mutual Fund 7.0% 1.4% 0.38 -2.8%
UTI Short Term Fund UTI Mutual Fund 6.9% 2.9% 0.14 -13.2%
Sundaram Short Term Fund (Formerly Known as Sundaram Short Duration Fund) Sundaram Mutual Fund 6.9% 0.9% 0.46 -0.7%

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 Short Duration scheme is

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.

Who it suits. Money with a two- to three-year horizon.

How long money should stay. 2 to 3 years.

Compare this scheme with others →

Questions people ask

What is the NAV of Franklin India Short-Term Income Plan (no. of segregated portfolios- 3) — Regular Plan — Retail Plan Weekly IDCW?

₹0.0000 as on 27 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.

What is the difference between the Direct and Regular plan of Franklin India Short-Term Income Plan (no. of segregated portfolios- 3)?

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 Retail Plan Weekly IDCW 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 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.

How long should money stay in it?

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