Franklin India Ultra Short Bond Fund (no. of segregated portfolio-1)
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 20 Jul 2020 — 6.3 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
How it compares in its category
Against the Ultra 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.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| HSBC Ultra Short to Short Term Fund HSBC Mutual Fund | 7.4% | — | — | 1.1% | 0.82 | -0.2% |
| Aditya Birla Sun Life Ultra Short Term Fund Aditya Birla Sun Life Mutual Fund | 7.2% | — | — | 0.5% | 1.46 | -1.2% |
| ICICI Prudential Ultra Short to Short Term Fund ICICI Prudential Mutual Fund | 7.4% | — | — | 0.7% | 1.30 | -1.6% |
| Mirae Asset Ultra Short-Term Fund Mirae Asset Mutual Fund | 7.2% | — | — | 0.5% | 1.42 | -0.2% |
| UTI Ultra Short to Short Term Fund UTI Mutual Fund | 7.2% | — | — | 0.6% | 1.06 | -12.1% |
| Axis Ultra Short to Short Term Fund Axis Mutual Fund | 7.1% | — | — | 0.6% | 0.94 | -1.5% |
| Baroda BNP Paribas Ultra Short Term Fund Baroda BNP Paribas Mutual Fund | 7.1% | — | — | 0.4% | 1.32 | -1.0% |
| BANDHAN ULTRA SHORT TERM FUND Bandhan Mutual Fund | 7.0% | — | — | 0.4% | 1.11 | -0.9% |
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 Ultra Short Duration scheme is
Portfolio duration of 3 to 6 months.
A step out from liquid funds for slightly more return and slightly more movement. Still short enough that a rate change barely registers.
Who it suits. Money needed in three to six months.
How long money should stay. 3 to 6 months.
Questions people ask
What is the NAV of Franklin India Ultra Short Bond Fund (no. of segregated portfolio-1) — —?
₹0.0000 as on 20 Jul 2020, 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 Ultra Short Bond Fund (no. of segregated portfolio-1)?
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 6 months. A step out from liquid funds for slightly more return and slightly more movement. Still short enough that a rate change barely registers.
How long should money stay in it?
Typically 3 to 6 months. Money needed in three to six months.