Should I invest in Franklin India SHORT TERM INCOME PLAN - Direct?

We don't give personal investment advice. Franklin India SHORT TERM INCOME PLAN - 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: 6.2%. 5-year CAGR: 31.06%.

Franklin India

Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH

Latest NAV

₹15,097.5360

As of

2 May 2025

2,973 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	+0.00%	+0.04%	-0.04	22 / 27	Q4
1W	+173.98%	-0.70%	+174.68	1 / 29	Q1
2W	+174.00%	+2.94%	+171.06	1 / 28	Q1
1M	+192.10%	+3.47%	+188.63	1 / 28	Q1
3M	+192.10%	+3.91%	+188.19	1 / 28	Q1
6M	+192.10%	+5.05%	+187.05	1 / 27	Q1
YTD	+192.10%	+4.94%	+187.16	1 / 27	Q1
1Y	+192.10%	+7.52%	+184.58	1 / 27	Q1
2Y	+73.55%	+9.69%	+63.86	1 / 25	Q1
3Y	+47.29%	+8.64%	+38.65	1 / 25	Q1
4Y	+36.63%	+8.45%	+28.18	1 / 23	Q1
5Y	+31.06%	+7.72%	+23.34	1 / 21	Q1
7Y	+21.64%	+7.60%	+14.04	1 / 20	Q1
10Y	+17.74%	+7.77%	+9.98	1 / 17	Q1
Inception	+16.46%	+7.44%	+9.01	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
2025 YTD	+192.10%	+15.76%	+176.34	1 / 24
2024	+0.00%	+8.00%	-8.00	24 / 24
2023	+6.86%	+3.00%	+3.86	21 / 25
2022	+2.38%	+4.91%	-2.53	22 / 22
2021	+15.08%	+4.77%	+10.32	1 / 19
2020	-4.71%	+8.81%	-13.53	20 / 20
2019	+5.07%	+6.89%	-1.82	16 / 19
2018	+9.49%	+6.62%	+2.87	1 / 18
2017	+9.28%	+6.64%	+2.64	1 / 18
2016	+9.04%	+10.25%	-1.21	18 / 18
2015	+9.97%	+8.43%	+1.54	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

+8.49%

139 windows

min -10.5% · max 192.1%

86% positive

3-Year rolling

+7.40%

114 windows

min 1.3% · max 47.3%

100% positive

5-Year rolling

+6.89%

90 windows

min 3.7% · max 31.1%

100% positive

7-Year rolling

+6.82%

66 windows

min 4.4% · max 21.6%

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

109.22%

3-year · annualised

Sharpe ratio

0.55

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-1.28%

Aug 2022 → Sep 2022

% positive months

41.7%

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 Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Short Term Debt Fund - Growth Option - Direct Plan	HDFC	₹34.6078	3 Jun 2026
Nippon India Short Duration Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹60.1021	3 Jun 2026
SBI SHORT TERM DEBT FUND - DIRECT PLAN -GROWTH	SBI	₹35.6616	3 Jun 2026
ICICI Prudential Short Term Fund - Direct Plan - Growth Option	ICICI Prudential	₹69.0732	3 Jun 2026
Invesco India Short Duration Fund - Direct Plan - Growth	Invesco	₹4,112.3349	3 Jun 2026
Bandhan Short Duration Fund - Direct Plan - Growth	Bandhan	₹64.1516	3 Jun 2026
Aditya Birla Sun Life Short Term Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹53.9139	3 Jun 2026
Franklin India Short Tem Income Plan - Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct Retail Plan Growth Option	Franklin India	₹0.0000	3 Jun 2026
Mirae Asset Short Duration Fund - Direct Plan - Growth	Mirae Asset	₹17.4069	3 Jun 2026
Kotak Bond Short Term Plan-(Growth) - Direct	Kotak	₹59.9322	3 Jun 2026

Recent NAVs

Date	NAV
2 May 2025	₹15,097.5360
30 Apr 2025	₹15,097.4259
29 Apr 2025	₹14,838.8478
28 Apr 2025	₹14,838.8478
25 Apr 2025	₹5,510.4095
24 Apr 2025	₹5,510.0293
23 Apr 2025	₹5,510.0293
22 Apr 2025	₹5,510.0293
21 Apr 2025	₹5,510.0293
17 Apr 2025	₹5,510.0293

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 02 May 2025, the NAV of Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH is ₹15,097.5360. It's a Short Duration Fund from Franklin India, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Franklin India SHORT TERM INCOME PLAN - 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 SHORT TERM INCOME PLAN - Direct - GROWTH is managed by Franklin India. It's classified by AMFI under the 'Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH has delivered a absolute return of 192.10% — +184.58 pp ahead of the Short Duration Fund category average of 7.52%. The fund ranks #1 of 27 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH has delivered a CAGR of 47.29% — +38.65 pp ahead of the Short Duration Fund category average of 8.64%. The fund ranks #1 of 25 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH has delivered a CAGR of 31.06% — +23.34 pp ahead of the Short Duration Fund category average of 7.72%. The fund ranks #1 of 21 in its category — the top (Q1) quartile.

₹1 lakh invested in Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH exactly 10 years ago would be worth approximately ₹512,078 today — a multiplier of 5.12×, based on the 10-year CAGR of 17.74%. The category average over the same window would have grown ₹1 lakh to ₹211,252.

A ₹10,000 monthly SIP in Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH over the last 5 years — total invested ₹600,000 — would be worth ₹1,933,806 today. That's an XIRR (money-weighted annualised return) of 48.83%.

A ₹10,000 monthly SIP for 10 years in Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH = ₹1,200,000 invested. It would currently be worth ₹4,441,061 (multiplier 3.70×). XIRR: 24.69%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH ranks #1 out of 21 funds in the Short Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 7.72%; this fund delivered 31.06%.

The worst peak-to-trough decline Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH has experienced over the last 5-year window is 6.16% — its NAV fell from a high on 29 Jun 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 SHORT TERM INCOME PLAN - Direct - GROWTH averaged 6.89% (best 31.06%, worst 3.68%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.44 — weak risk-adjusted performance.

In calendar year 2024, Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH returned 0.00% — lagging the Short Duration Fund category average of 8.00% by 8.00 pp. It ranked #24 of 24 in its category that year.

Franklin India SHORT TERM INCOME PLAN - 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 SHORT TERM INCOME PLAN - 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: 6.2%. 5-year CAGR: 31.06%.

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

Franklin India SHORT TERM INCOME PLAN - Direct - GROWTH

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Short Duration Fund

Recent NAVs

Frequently asked questions

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