Should I invest in Franklin India Short Term Income Plan - Monthly?

We don't give personal investment advice. Franklin India Short Term Income Plan - Retail Plan - 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: 6.3%. 5-year CAGR: 32.46%.

Franklin Templeton

Franklin India Short Term Income Plan - Retail Plan - Monthly - IDCW

Latest NAV

₹4,197.1520

As of

2 May 2025

4,603 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	26 / 39	Q3
1W	+173.98%	+14.88%	+159.10	2 / 40	Q1
2W	+174.00%	+14.87%	+159.13	2 / 40	Q1
1M	+192.10%	+16.86%	+175.23	2 / 40	Q1
3M	+192.10%	+17.80%	+174.30	2 / 40	Q1
6M	+192.10%	+18.60%	+173.49	2 / 40	Q1
YTD	+192.10%	+18.23%	+173.87	2 / 40	Q1
1Y	+192.10%	+19.73%	+172.37	2 / 40	Q1
2Y	+73.55%	+8.30%	+65.25	2 / 40	Q1
3Y	+47.29%	+5.81%	+41.48	2 / 40	Q1
4Y	+38.66%	+4.93%	+33.73	2 / 39	Q1
5Y	+32.46%	+4.17%	+28.29	2 / 38	Q1
7Y	+19.48%	+2.91%	+16.57	4 / 37	Q1
10Y	+13.24%	+4.94%	+8.30	3 / 27	Q1
Inception	+7.75%	+1.94%	+5.81	7 / 40	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%	+34.44%	+157.66	2 / 25
2024	+0.00%	+3.79%	-3.79	21 / 25
2023	+6.86%	+4.24%	+2.62	3 / 25
2022	+8.60%	+2.62%	+5.97	2 / 26
2021	+14.97%	+3.74%	+11.22	2 / 26
2020	-7.82%	+3.74%	-11.56	30 / 30
2019	-3.98%	+2.23%	-6.21	25 / 30
2018	+0.12%	+2.73%	-2.61	22 / 30
2017	+0.10%	+2.37%	-2.27	26 / 37
2016	+0.02%	+5.27%	-5.25	29 / 37
2015	+0.49%	-1.48%	+1.97	11 / 18

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

+2.96%

221 windows

min -15.2% · max 192.1%

72% positive

3-Year rolling

+2.13%

196 windows

min -6.3% · max 47.3%

82% positive

5-Year rolling

+1.47%

172 windows

min -3.6% · max 32.5%

86% positive

7-Year rolling

+1.26%

148 windows

min -2.0% · max 19.5%

85% 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 - Fortnightly IDCW Option	HDFC	₹10.1974	24 Jul 2026
NIPPON INDIA SHORT DURATION FUND - IDCW Option	Nippon India	₹22.7844	24 Jul 2026
SBI SHORT TERM DEBT FUND - REGULAR PLAN -GROWTH	SBI	₹34.0057	24 Jul 2026
ICICI Prudential Short Term Fund - Growth Option	ICICI Prudential	₹64.0669	24 Jul 2026
Kotak Bond Short Term Plan-(Growth)	Kotak Mahindra	₹54.9956	24 Jul 2026
DSP Short Term Fund - IDCW - Monthly	DSP BlackRock	₹11.6395	24 Jul 2026
HSBC Short Duration Fund - Bonus	HSBC	₹28.0297	24 Jul 2026
UTI Short Duration Fund - Discontinued Regular Option - Dividend Sub Option	UTI	₹24.9742	24 Jul 2026
Bandhan Short Duration Fund - Regular Plan - Fortnightly IDCW	IDFC	₹10.4137	24 Jul 2026
Nippon India Short Duration Fund-Growth Plan	Reliance	₹56.0170	24 Jul 2026

Recent NAVs

Date	NAV
2 May 2025	₹4,197.1520
30 Apr 2025	₹4,197.1214
29 Apr 2025	₹4,125.2361
28 Apr 2025	₹4,125.2361
25 Apr 2025	₹1,531.9074
24 Apr 2025	₹1,531.8017
23 Apr 2025	₹1,531.8017
22 Apr 2025	₹1,531.8017
21 Apr 2025	₹1,531.8017
17 Apr 2025	₹1,531.8017

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 - Retail Plan - Monthly - IDCW is ₹4,197.1520. It's a Short Duration Fund from Franklin Templeton, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Franklin India Short Term Income Plan - Retail Plan - Monthly - IDCW has NAV history starting from 03 Apr 2006, a track record of about 20 years 3 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 Short Term Income Plan - Retail Plan - Monthly - IDCW is managed by Franklin Templeton. 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 - Retail Plan - Monthly - IDCW has delivered a absolute return of 192.10% — +172.37 pp ahead of the Short Duration Fund category average of 19.73%. The fund ranks #2 of 40 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Franklin India Short Term Income Plan - Retail Plan - Monthly - IDCW has delivered a CAGR of 47.29% — +41.48 pp ahead of the Short Duration Fund category average of 5.81%. The fund ranks #2 of 40 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Franklin India Short Term Income Plan - Retail Plan - Monthly - IDCW has delivered a CAGR of 32.46% — +28.29 pp ahead of the Short Duration Fund category average of 4.17%. The fund ranks #2 of 38 in its category — the top (Q1) quartile.

₹1 lakh invested in Franklin India Short Term Income Plan - Retail Plan - Monthly - IDCW exactly 10 years ago would be worth approximately ₹346,858 today — a multiplier of 3.47×, based on the 10-year CAGR of 13.24%. The category average over the same window would have grown ₹1 lakh to ₹161,984.

A ₹10,000 monthly SIP in Franklin India Short Term Income Plan - Retail Plan - Monthly - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹1,982,343 today. That's an XIRR (money-weighted annualised return) of 49.95%.

A ₹10,000 monthly SIP for 10 years in Franklin India Short Term Income Plan - Retail Plan - Monthly - IDCW = ₹1,200,000 invested. It would currently be worth ₹4,078,667 (multiplier 3.40×). XIRR: 23.12%. 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 - Retail Plan - Monthly - IDCW ranks #2 out of 38 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 4.17%; this fund delivered 32.46%.

The worst peak-to-trough decline Franklin India Short Term Income Plan - Retail Plan - Monthly - IDCW has experienced over the last 5-year window is 6.28% — 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 - Retail Plan - Monthly - IDCW averaged 1.47% (best 32.46%, worst -3.56%). 86% of rolling windows ended positive. The 5-year Sharpe ratio is 0.46 — weak risk-adjusted performance.

In calendar year 2024, Franklin India Short Term Income Plan - Retail Plan - Monthly - IDCW returned 0.00% — lagging the Short Duration Fund category average of 3.79% by 3.79 pp. It ranked #21 of 25 in its category that year.

Franklin India Short Term Income Plan - Retail Plan - 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 Short Term Income Plan - Retail Plan - 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: 6.3%. 5-year CAGR: 32.46%.

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