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

We don't give personal investment advice. Franklin India Low Duration Fund - Direct - Monthly - 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: 12.5%. 5-year CAGR: 4.26%.

Franklin India

Franklin India Low Duration Fund - Direct - Monthly - IDCW

Latest NAV

₹13.3317

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%	+0.02%	+0.18	1 / 87	Q1
1W	+0.30%	-4.24%	+4.54	2 / 91	Q1
2W	+0.40%	-2.10%	+2.50	2 / 89	Q1
1M	+0.62%	-2.19%	+2.81	2 / 87	Q1
3M	+1.33%	-2.06%	+3.38	4 / 87	Q1
6M	+4.65%	-1.60%	+6.25	2 / 86	Q1
YTD	+5.63%	-1.70%	+7.33	1 / 86	Q1
1Y	+17.47%	-0.19%	+17.66	2 / 86	Q1
2Y	+14.73%	+2.47%	+12.26	1 / 81	Q1
3Y	+6.96%	+2.22%	+4.74	19 / 76	Q1
4Y	+5.35%	+2.25%	+3.10	21 / 73	Q2
5Y	+4.26%	+2.13%	+2.14	22 / 69	Q2
7Y	+3.27%	+2.14%	+1.13	21 / 69	Q2
10Y	—	—	—	—	—
Inception	+2.66%	+1.88%	+0.78	27 / 86	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
2022 YTD	+5.63%	+1.51%	+4.12	1 / 73
2021	+16.78%	+1.54%	+15.24	1 / 69
2020	+1.88%	+3.37%	-1.50	27 / 69
2019	-2.58%	-1.02%	-1.55	55 / 69
2018	+1.43%	+1.75%	-0.32	18 / 65
2017	-0.07%	+2.28%	-2.35	49 / 62
2016	+0.72%	+2.32%	-1.60	23 / 61
2015	+0.92%	+3.51%	-2.59	2 / 3
2014	+0.70%	+0.62%	+0.08	1 / 2
2013	+0.89%	+0.58%	+0.31	1 / 2

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

+2.41%

105 windows

min -12.3% · max 17.9%

82% positive

3-Year rolling

+1.00%

81 windows

min -3.5% · max 7.0%

84% positive

5-Year rolling

+0.91%

57 windows

min -1.8% · max 4.3%

81% positive

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

7-Year rolling

+1.01%

32 windows

min -1.1% · max 3.3%

69% 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

5.68%

3-year · annualised

Sharpe ratio

0.08

vs risk-free 6.5%

Sortino ratio

0.12

Downside-only deviation

Max drawdown

-12.01%

Sep 2019 → Mar 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 Low Duration Fund

Scheme	Fund house	NAV	As of
HDFC Low Duration Fund - Direct Plan - Daily IDCW	HDFC	₹10.0655	3 Jun 2026
NIPPON INDIA LOW DURATION FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹1,012.2892	3 Jun 2026
SBI Low Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,473.8948	3 Jun 2026
ICICI Prudential Savings Fund - Direct Plan - Daily IDCW	ICICI Prudential	₹105.7358	3 Jun 2026
Invesco India Low Duration Fund - Direct Plan - Discretionary IDCW (Payout / Reinvestment)	Invesco	₹4,153.7681	3 Jun 2026
BANDHAN Low Duration Fund-Direct Plan-Daily IDCW	Bandhan	₹10.1108	3 Jun 2026
Aditya Birla Sun Life Low Duration Fund -Direct - daily IDCW	Aditya Birla Sun Life	₹100.0001	3 Jun 2026
Franklin India Low Duration Fund-Direct-IDCW	Franklin India	₹10.5878	3 Jun 2026
Mirae Asset Low Duration Fund - Direct Plan - Daily IDCW	Mirae Asset	₹1,208.9337	3 Jun 2026
Kotak Low Duration Fund - Direct Plan - Monthly - Reinvestment & Payout of Income Distribution cum Capital Withdrawal Option	Kotak	₹1,000.2840	3 Jun 2026

Recent NAVs

Date	NAV
7 Aug 2022	₹13.3317
5 Aug 2022	₹13.3045
4 Aug 2022	₹13.2962
3 Aug 2022	₹13.2946
2 Aug 2022	₹13.2930
1 Aug 2022	₹13.2914
29 Jul 2022	₹13.2861
28 Jul 2022	₹13.2843
27 Jul 2022	₹13.2825
26 Jul 2022	₹13.2807

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 - Monthly - IDCW is ₹13.3317. It's a Low Duration Fund from Franklin India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Franklin India Low Duration Fund - Direct - Monthly - IDCW 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 - Monthly - IDCW 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 - Monthly - IDCW has delivered a absolute return of 17.47% — +17.66 pp ahead of the Low Duration Fund category average of -0.19%. The fund ranks #2 of 86 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Franklin India Low Duration Fund - Direct - Monthly - IDCW has delivered a CAGR of 6.96% — +4.74 pp ahead of the Low Duration Fund category average of 2.22%. The fund ranks #19 of 76 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Franklin India Low Duration Fund - Direct - Monthly - IDCW has delivered a CAGR of 4.26% — +2.14 pp ahead of the Low Duration Fund category average of 2.13%. The fund ranks #22 of 69 in its category — the second (Q2) quartile.

₹1 lakh invested in Franklin India Low Duration Fund - Direct - Monthly - IDCW exactly 5 years ago would be worth approximately ₹123,216 today — a multiplier of 1.23×, based on the 5-year CAGR of 4.26%. The category average over the same window would have grown ₹1 lakh to ₹111,103.

A ₹10,000 monthly SIP in Franklin India Low Duration Fund - Direct - Monthly - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹726,821 today. That's an XIRR (money-weighted annualised return) of 7.60%.

Franklin India Low Duration Fund - Direct - Monthly - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,025,760 — XIRR 5.62%.

On a 5-year basis, Franklin India Low Duration Fund - Direct - Monthly - IDCW ranks #22 out of 69 funds in the Low Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.13%; this fund delivered 4.26%.

The worst peak-to-trough decline Franklin India Low Duration Fund - Direct - Monthly - IDCW has experienced over the last 5-year window is 12.46% — its NAV fell from a high on 22 Mar 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 - Monthly - IDCW averaged 0.91% (best 4.26%, worst -1.79%). 81% of rolling windows ended positive. The 5-year Sharpe ratio is -0.48 — negative risk-adjusted performance.

In calendar year 2021, Franklin India Low Duration Fund - Direct - Monthly - IDCW returned 16.78% — beating the Low Duration Fund category average of 1.54% by 15.24 pp. It ranked #1 of 69 in its category that year.

Franklin India Low Duration Fund - Direct - Monthly - 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 Low Duration Fund - Direct - Monthly - 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: 12.5%. 5-year CAGR: 4.26%.

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