Should I invest in Franklin India Low Duration Fund - Direct?

We don't give personal investment advice. Franklin India Low Duration Fund - Direct - 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: 10.6%. 5-year CAGR: 8.16%.

Franklin India

Franklin India Low Duration Fund - Direct - Growth

Latest NAV

₹28.6858

As of

7 Aug 2022

2,316 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	+0.20%	+0.04%	+0.17	1 / 27	Q1
1W	+0.30%	-6.69%	+6.99	1 / 29	Q1
2W	+0.40%	-3.38%	+3.78	1 / 28	Q1
1M	+0.62%	-3.36%	+3.98	1 / 28	Q1
3M	+1.33%	-2.48%	+3.80	1 / 28	Q1
6M	+4.65%	-1.41%	+6.07	1 / 26	Q1
YTD	+5.63%	-1.76%	+7.39	1 / 26	Q1
1Y	+17.47%	+2.16%	+15.31	1 / 26	Q1
2Y	+14.73%	+7.51%	+7.22	1 / 22	Q1
3Y	+8.12%	+7.30%	+0.82	1 / 22	Q1
4Y	+8.32%	+7.15%	+1.16	1 / 21	Q1
5Y	+8.16%	+6.52%	+1.64	1 / 19	Q1
7Y	+8.69%	+6.80%	+1.89	1 / 19	Q1
10Y	—	—	—	—	—
Inception	+9.09%	+6.75%	+2.35	1 / 27	Q1

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
2022 YTD	+5.63%	+4.67%	+0.96	1 / 20
2021	+16.78%	+4.92%	+11.86	1 / 19
2020	+1.88%	+8.39%	-6.51	19 / 19
2019	+5.54%	+6.00%	-0.45	15 / 19
2018	+8.73%	+7.58%	+1.15	1 / 18
2017	+8.64%	+7.15%	+1.49	1 / 17
2016	+9.97%	+8.94%	+1.03	1 / 17
2015	+10.14%	+10.14%	+0.00	1 / 1
2014	+10.29%	+10.29%	+0.00	1 / 1
2013	+9.80%	+9.80%	+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

+9.01%

105 windows

min -6.2% · max 17.9%

90% positive

3-Year rolling

+8.13%

81 windows

min 3.6% · max 10.3%

100% positive

5-Year rolling

+8.23%

57 windows

min 6.1% · max 9.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+8.06%

32 windows

min 7.3% · max 8.9%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

5.53%

3-year · annualised

Sharpe ratio

0.27

vs risk-free 6.5%

Sortino ratio

0.41

Downside-only deviation

Max drawdown

-10.64%

Dec 2019 → Mar 2020

% positive months

86.1%

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 Low Duration Fund

Scheme	Fund house	NAV	As of
HDFC Low Duration Fund - Direct Plan - Growth	HDFC	₹66.0831	3 Jun 2026
Nippon India Low Duration Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹2,435.0222	3 Jun 2026
SBI LOW DURATION FUND - DIRECT PLAN - GROWTH	SBI	₹3,823.4491	3 Jun 2026
ICICI Prudential Savings Fund - Direct Plan - Growth	ICICI Prudential	₹582.0493	3 Jun 2026
Invesco India Low Duration Fund - Direct Plan - Growth	Invesco	₹4,151.8993	3 Jun 2026
BANDHAN Low Duration Fund-Direct Plan-Growth	Bandhan	₹41.6070	3 Jun 2026
Aditya Birla Sun Life Low duration Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹766.7485	3 Jun 2026
Franklin India Low Duration Fund-Direct-Growth	Franklin India	₹10.9204	3 Jun 2026
Mirae Asset Low Duration Fund - Direct Plan - Growth	Mirae Asset	₹2,594.0785	3 Jun 2026
Kotak Low Duration Fund- Direct Plan- Growth Option	Kotak	₹3,846.2911	3 Jun 2026

Recent NAVs

Date	NAV
7 Aug 2022	₹28.6858
5 Aug 2022	₹28.6273
4 Aug 2022	₹28.6093
3 Aug 2022	₹28.6059
2 Aug 2022	₹28.6024
1 Aug 2022	₹28.5990
29 Jul 2022	₹28.5877
28 Jul 2022	₹28.5838
27 Jul 2022	₹28.5799
26 Jul 2022	₹28.5760

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 07 Aug 2022, the NAV of Franklin India Low Duration Fund - Direct - Growth is ₹28.6858. It's a Low Duration Fund from Franklin India, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Franklin India Low Duration Fund - Direct - Growth has NAV history starting from 01 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

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

Over the trailing 1-year window, Franklin India Low Duration Fund - Direct - Growth has delivered a absolute return of 17.47% — +15.31 pp ahead of the Low Duration Fund category average of 2.16%. The fund ranks #1 of 26 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Franklin India Low Duration Fund - Direct - Growth has delivered a CAGR of 8.12% — +0.82 pp ahead of the Low Duration Fund category average of 7.30%. The fund ranks #1 of 22 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Franklin India Low Duration Fund - Direct - Growth has delivered a CAGR of 8.16% — +1.64 pp ahead of the Low Duration Fund category average of 6.52%. The fund ranks #1 of 19 in its category — the top (Q1) quartile.

₹1 lakh invested in Franklin India Low Duration Fund - Direct - Growth exactly 5 years ago would be worth approximately ₹148,020 today — a multiplier of 1.48×, based on the 5-year CAGR of 8.16%. The category average over the same window would have grown ₹1 lakh to ₹137,133.

A ₹10,000 monthly SIP in Franklin India Low Duration Fund - Direct - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹763,361 today. That's an XIRR (money-weighted annualised return) of 9.56%.

Franklin India Low Duration Fund - Direct - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,157,222 — XIRR 9.00%.

On a 5-year basis, Franklin India Low Duration Fund - Direct - Growth ranks #1 out of 19 funds in the Low Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 6.52%; this fund delivered 8.16%.

The worst peak-to-trough decline Franklin India Low Duration Fund - Direct - Growth has experienced over the last 5-year window is 10.64% — its NAV fell from a high on 04 Dec 2019 to a low on 24 Mar 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 Low Duration Fund - Direct - Growth averaged 8.23% (best 9.82%, worst 6.12%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.34 — weak risk-adjusted performance.

In calendar year 2021, Franklin India Low Duration Fund - Direct - Growth returned 16.78% — beating the Low Duration Fund category average of 4.92% by 11.86 pp. It ranked #1 of 19 in its category that year.

Franklin India Low Duration Fund - Direct - 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 Low Duration Fund - Direct - 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: 10.6%. 5-year CAGR: 8.16%.

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

Franklin India Low Duration Fund - Direct - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Low Duration Fund

Recent NAVs

Frequently asked questions

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