Should I invest in Franklin India Income Opportunities Fund?

We don't give personal investment advice. Franklin India Income Opportunities Fund - IDCW 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: 18.4%. 5-year CAGR: 0.70%.

Franklin India

Franklin India Income Opportunities Fund - IDCW

Latest NAV

₹11.5593

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%	+25.25%	-25.23	23 / 35	Q3
1W	+0.05%	+18.62%	-18.58	26 / 37	Q3
2W	+0.24%	+22.17%	-21.92	24 / 36	Q3
1M	+0.42%	+22.42%	-22.00	10 / 36	Q2
3M	+2.14%	+23.24%	-21.10	7 / 36	Q1
6M	+4.70%	+24.66%	-19.96	4 / 36	Q1
YTD	+13.71%	+22.37%	-8.65	4 / 36	Q1
1Y	+15.59%	+27.07%	-11.48	4 / 36	Q1
2Y	+3.48%	+10.05%	-6.57	19 / 34	Q3
3Y	+1.35%	+3.02%	-1.67	20 / 31	Q3
4Y	+0.74%	+3.05%	-2.31	23 / 31	Q3
5Y	+0.70%	+2.73%	-2.02	20 / 31	Q3
7Y	+0.59%	+2.69%	-2.10	19 / 28	Q3
10Y	+0.86%	+3.13%	-2.28	17 / 25	Q3
Inception	+1.20%	+10.26%	-9.06	22 / 35	Q3

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%	+0.84%	+12.87	3 / 28
2020	-4.63%	+1.22%	-5.86	27 / 30
2019	-2.87%	+2.51%	-5.38	25 / 30
2018	-0.39%	+2.64%	-3.02	28 / 30
2017	+0.25%	+2.00%	-1.76	16 / 30
2016	-0.05%	+5.02%	-5.06	27 / 31
2015	+0.65%	+2.70%	-2.05	7 / 12
2014	+2.00%	+5.63%	-3.63	8 / 8
2013	+1.12%	+1.14%	-0.02	3 / 8
2012	+1.34%	+3.44%	-2.09	4 / 7
2011	+1.28%	+2.12%	-0.84	2 / 5

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

+0.51%

134 windows

min -15.4% · max 21.6%

59% positive

3-Year rolling

+0.15%

110 windows

min -5.6% · max 2.2%

70% positive

5-Year rolling

+0.31%

86 windows

min -3.1% · max 2.0%

77% positive

7-Year rolling

+0.24%

61 windows

min -1.9% · max 1.3%

74% 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

6.84%

3-year · annualised

Sharpe ratio

-0.72

vs risk-free 6.5%

Sortino ratio

-0.92

Downside-only deviation

Max drawdown

-17.54%

Mar 2019 → Aug 2020

% positive months

66.7%

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 High Interest Fund - Short Term Plan-Dividend Option	HDFC	₹10.1086	3 Jun 2026
Nippon India Medium Duration Fund - Segregated Portfolio 2 - Bonus Option	Nippon India	₹0.0000	3 Jun 2026
SBI Magnum Income Plus Fund - Investment Plan (D)	SBI	₹20.7048	3 Jun 2026
ICICI Prudential Long Term Floating Rate Plan-Plan A-Growth	ICICI Prudential	₹47.3245	3 Jun 2026
Kotak Medium Term Fund - Standard Income Distribution cum capital withdrawal option	Kotak	₹14.6617	3 Jun 2026
IDFC - SSIF - Medium Term - Bimonthly Dividend Option	IDFC	₹10.2608	3 Jun 2026
Sundaram BNP Paribas Bond Saver-Growth	Sundaram BNP Paribas	₹70.5138	3 Jun 2026

Recent NAVs

Date	NAV
12 Dec 2021	₹11.5593
10 Dec 2021	₹11.5573
9 Dec 2021	₹11.5569
8 Dec 2021	₹11.5559
7 Dec 2021	₹11.5549
6 Dec 2021	₹11.5539
3 Dec 2021	₹11.5508
2 Dec 2021	₹11.5498
1 Dec 2021	₹11.5489
30 Nov 2021	₹11.5482

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 - IDCW is ₹11.5593. It's a Medium Duration Fund from Franklin India, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Franklin India Income Opportunities Fund - IDCW 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 - IDCW 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 - IDCW has delivered a absolute return of 15.59% — -11.48 pp behind the Medium Duration Fund category average of 27.07%. The fund ranks #4 of 36 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Franklin India Income Opportunities Fund - IDCW has delivered a CAGR of 1.35% — -1.67 pp behind the Medium Duration Fund category average of 3.02%. The fund ranks #20 of 31 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Franklin India Income Opportunities Fund - IDCW has delivered a CAGR of 0.70% — -2.02 pp behind the Medium Duration Fund category average of 2.73%. The fund ranks #20 of 31 in its category — the third (Q3) quartile.

₹1 lakh invested in Franklin India Income Opportunities Fund - IDCW exactly 10 years ago would be worth approximately ₹108,932 today — a multiplier of 1.09×, based on the 10-year CAGR of 0.86%. The category average over the same window would have grown ₹1 lakh to ₹136,154.

A ₹10,000 monthly SIP in Franklin India Income Opportunities Fund - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹642,749 today. That's an XIRR (money-weighted annualised return) of 2.71%.

A ₹10,000 monthly SIP for 10 years in Franklin India Income Opportunities Fund - IDCW = ₹1,200,000 invested. It would currently be worth ₹1,284,274 (multiplier 1.07×). XIRR: 1.34%. 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 - IDCW ranks #20 out of 31 funds in the Medium Duration Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 2.73%; this fund delivered 0.70%.

The worst peak-to-trough decline Franklin India Income Opportunities Fund - IDCW has experienced over the last 5-year window is 18.40% — its NAV fell from a high on 15 Sep 2017 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 - IDCW averaged 0.31% (best 2.01%, worst -3.09%). 77% of rolling windows ended positive. The 5-year Sharpe ratio is -0.99 — negative risk-adjusted performance.

In calendar year 2020, Franklin India Income Opportunities Fund - IDCW returned -4.63% — lagging the Medium Duration Fund category average of 1.22% by 5.86 pp. It ranked #27 of 30 in its category that year.

Franklin India Income Opportunities Fund - IDCW 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 - IDCW 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: 18.4%. 5-year CAGR: 0.70%.

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