Should I invest in Franklin India Income Opportunities Fund?

We don't give personal investment advice. Franklin India Income Opportunities Fund - Growth is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 14.1%. 5-year CAGR: 6.07%.

Franklin India

Franklin India Income Opportunities Fund - Growth

Latest NAV

₹24.9338

As of

12 Dec 2021

2,886 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.02%	+73.82%	-73.80	4 / 4	Q4
1W	+0.05%	+15.95%	-15.90	4 / 6	Q3
2W	+0.24%	+39.45%	-39.20	4 / 5	Q4
1M	+0.42%	+39.75%	-39.33	2 / 5	Q2
3M	+2.14%	+41.54%	-39.39	2 / 5	Q2
6M	+4.70%	+44.79%	-40.09	2 / 5	Q2
YTD	+13.71%	+42.83%	-29.12	2 / 5	Q2
1Y	+15.59%	+53.33%	-37.73	2 / 5	Q2
2Y	+4.55%	+26.38%	-21.83	4 / 4	Q4
3Y	+4.80%	+6.54%	-1.73	3 / 3	Q4
4Y	+5.39%	+6.57%	-1.18	3 / 3	Q4
5Y	+6.07%	+7.05%	-0.98	3 / 3	Q4
7Y	+6.85%	+5.27%	+1.59	1 / 3	Q2
10Y	+7.84%	+5.92%	+1.92	1 / 3	Q2
Inception	+7.90%	+27.09%	-19.19	2 / 4	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2021 YTD	+13.71%	+4.90%	+8.81	2 / 4
2020	-4.63%	-6.60%	+1.97	2 / 3
2019	+5.29%	+2.95%	+2.33	2 / 3
2018	+7.90%	+5.96%	+1.94	1 / 3
2017	+8.50%	+7.13%	+1.37	1 / 3
2016	+8.38%	+10.10%	-1.72	3 / 3
2015	+9.22%	+9.22%	+0.00	1 / 1
2014	+11.60%	+11.60%	+0.00	1 / 1
2013	+8.50%	+8.50%	+0.00	1 / 1
2012	+10.09%	+10.09%	+0.00	1 / 1
2011	+9.09%	+9.09%	+0.00	1 / 1

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+7.79%

134 windows

min -11.9% · max 21.6%

93% positive

3-Year rolling

+7.96%

110 windows

min 0.2% · max 10.4%

100% positive

5-Year rolling

+8.27%

86 windows

min 3.8% · max 9.8%

100% positive

7-Year rolling

+8.25%

61 windows

min 5.7% · max 9.5%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

6.55%

3-year · annualised

Sharpe ratio

-0.24

vs risk-free 6.5%

Sortino ratio

-0.31

Downside-only deviation

Max drawdown

-14.10%

Jan 2020 → Aug 2020

% positive months

80.6%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Medium Duration Fund

Scheme	Fund house	NAV	As of
HDFC Medium Term Debt Fund - Growth Option - Direct Plan	HDFC	₹64.2390	3 Jun 2026
Nippon India Medium Duration Fund - Direct Plan - Growth Option	Nippon India	₹17.9334	3 Jun 2026
SBI MEDIUM DURATION FUND - DIRECT PLAN - GROWTH	SBI	₹57.9957	3 Jun 2026
ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth	ICICI Prudential	₹52.2680	3 Jun 2026
Invesco India Medium Duration Fund - Direct Plan - Growth	Invesco	₹1,326.1840	3 Jun 2026
Bandhan Medium Duration Fund - Direct Plan - Growth	Bandhan	₹51.8959	3 Jun 2026
Aditya Birla Sun Life Medium Term Plan - Growth - Direct Plan	Aditya Birla Sun Life	₹46.7093	3 Jun 2026
Kotak Medium Term Fund - Direct Growth	Kotak	₹26.7884	3 Jun 2026
DSP Bond Fund - Direct Plan - Growth	DSP	₹90.1440	3 Jun 2026
HSBC Medium Duration Fund - Direct Growth	HSBC	₹23.3626	3 Jun 2026

Recent NAVs

Date	NAV
12 Dec 2021	₹24.9338
10 Dec 2021	₹24.9294
9 Dec 2021	₹24.9286
8 Dec 2021	₹24.9264
7 Dec 2021	₹24.9243
6 Dec 2021	₹24.9221
3 Dec 2021	₹24.9154
2 Dec 2021	₹24.9132
1 Dec 2021	₹24.9114
30 Nov 2021	₹24.9098

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 12 Dec 2021, the NAV of Franklin India Income Opportunities Fund - Growth is ₹24.9338. It's a Medium Duration Fund from Franklin India, run as a Unknown plan Growth option. NAVs update once per business day from the AMFI feed.

Franklin India Income Opportunities Fund - Growth has NAV history starting from 21 Dec 2009, a track record of about 16 years 5 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Franklin India Income Opportunities Fund - Growth is managed by Franklin India. It's classified by AMFI under the 'Medium Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Franklin India Income Opportunities Fund - Growth has delivered a absolute return of 15.59% — -37.73 pp behind the Medium Duration Fund category average of 53.33%. The fund ranks #2 of 5 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Franklin India Income Opportunities Fund - Growth has delivered a CAGR of 4.80% — -1.73 pp behind the Medium Duration Fund category average of 6.54%. The fund ranks #3 of 3 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Franklin India Income Opportunities Fund - Growth has delivered a CAGR of 6.07% — -0.98 pp behind the Medium Duration Fund category average of 7.05%. The fund ranks #3 of 3 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Franklin India Income Opportunities Fund - Growth exactly 10 years ago would be worth approximately ₹212,727 today — a multiplier of 2.13×, based on the 10-year CAGR of 7.84%. The category average over the same window would have grown ₹1 lakh to ₹177,812.

A ₹10,000 monthly SIP in Franklin India Income Opportunities Fund - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹699,113 today. That's an XIRR (money-weighted annualised return) of 6.04%.

A ₹10,000 monthly SIP for 10 years in Franklin India Income Opportunities Fund - Growth = ₹1,200,000 invested. It would currently be worth ₹1,724,858 (multiplier 1.44×). XIRR: 7.05%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Franklin India Income Opportunities Fund - Growth ranks #3 out of 3 funds in the Medium Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 7.05%; this fund delivered 6.07%.

The worst peak-to-trough decline Franklin India Income Opportunities Fund - Growth has experienced over the last 5-year window is 14.10% — its NAV fell from a high on 13 Jan 2020 to a low on 31 Aug 2020. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Franklin India Income Opportunities Fund - Growth averaged 8.27% (best 9.81%, worst 3.75%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.09 — negative risk-adjusted performance.

In calendar year 2020, Franklin India Income Opportunities Fund - Growth returned -4.63% — beating the Medium Duration Fund category average of -6.60% by 1.97 pp. It ranked #2 of 3 in its category that year.

Franklin India Income Opportunities Fund - Growth is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Franklin India Income Opportunities Fund - Growth is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 14.1%. 5-year CAGR: 6.07%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Franklin India Income Opportunities Fund - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Medium Duration Fund

Recent NAVs

Frequently asked questions

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