Franklin India

Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW

Latest NAV

₹12.1512

As of

7 Aug 2022

2,317 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	+0.11%	+0.00%	+0.11	5 / 102	Q1
1W	+0.27%	-1.81%	+2.08	6 / 104	Q1
2W	+0.36%	+0.12%	+0.24	6 / 102	Q1
1M	+0.58%	+0.20%	+0.38	7 / 102	Q1
3M	+1.29%	+0.79%	+0.50	32 / 102	Q2
6M	+3.18%	+1.31%	+1.87	12 / 99	Q1
YTD	+4.14%	+1.32%	+2.82	9 / 100	Q1
1Y	+10.79%	-1.59%	+12.38	3 / 103	Q1
2Y	+9.57%	-1.79%	+11.36	1 / 99	Q1
3Y	+6.45%	+2.26%	+4.19	24 / 95	Q2
4Y	+4.87%	+2.16%	+2.72	23 / 90	Q2
5Y	+3.82%	+2.02%	+1.80	24 / 89	Q2
7Y	+2.73%	+1.83%	+0.90	24 / 74	Q2
10Y	—	—	—	—	—
Inception	+2.03%	-2.03%	+4.06	29 / 106	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	+4.14%	+1.51%	+2.64	20 / 86
2021	+11.85%	-3.45%	+15.29	1 / 82
2020	+3.67%	+0.98%	+2.70	27 / 85
2019	+0.02%	+1.58%	-1.57	47 / 72
2018	-0.07%	+0.60%	-0.67	40 / 49
2017	-0.12%	+1.82%	-1.94	42 / 49
2016	+0.18%	+1.85%	-1.67	22 / 40
2015	+0.21%	+1.38%	-1.17	2 / 7
2014	+0.15%	+1.34%	-1.19	2 / 7
2013	+0.07%	+0.05%	+0.01	3 / 6

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

+1.88%

105 windows

min -4.3% · max 12.4%

72% positive

3-Year rolling

+1.00%

81 windows

min -1.5% · max 6.5%

77% positive

5-Year rolling

+0.84%

57 windows

min -0.8% · max 3.8%

89% positive

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

7-Year rolling

+1.07%

32 windows

min -0.6% · max 2.7%

81% 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

3.01%

3-year · annualised

Sharpe ratio

-0.06

vs risk-free 6.5%

Sortino ratio

-0.09

Downside-only deviation

Max drawdown

-4.47%

Aug 2019 → Jan 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 Ultra Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Ultra Short Term Fund - Direct Plan-Daily IDCW Option	HDFC	₹10.0920	3 Jun 2026
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - DAILY IDCW OPTION	Nippon India	₹1,114.1500	3 Jun 2026
SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹2,399.9423	3 Jun 2026
ICICI Prudential Ultra Short Term Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.7924	3 Jun 2026
Invesco India Ultra Short Duration Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹2,168.5662	3 Jun 2026
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN -MONTHLY IDCW	Bandhan	₹10.0561	3 Jun 2026
Aditya Birla Sun Life Savings Fund-DIRECT - DAILY IDCW	Aditya Birla Sun Life	₹100.1187	3 Jun 2026
Motilal Oswal Ultra Short Term Fund Direct - IDCW Daily Reinvestment	Motilal Oswal	₹11.7326	3 Jun 2026
Franklin India Ultra Short Duration Fund - Direct - IDCW	Franklin India	₹10.7529	3 Jun 2026
Mirae Asset Ultra Short Duration Fund Direct IDCW	Mirae Asset	₹1,398.5715	3 Jun 2026

Recent NAVs

Date	NAV
7 Aug 2022	₹12.1512
5 Aug 2022	₹12.1375
4 Aug 2022	₹12.1233
3 Aug 2022	₹12.1219
2 Aug 2022	₹12.1204
1 Aug 2022	₹12.1190
29 Jul 2022	₹12.1142
28 Jul 2022	₹12.1126
27 Jul 2022	₹12.1109
26 Jul 2022	₹12.1092

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 Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW is ₹12.1512. It's a Ultra Short 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 Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - 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 Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW is managed by Franklin India. It's classified by AMFI under the 'Ultra Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW has delivered a absolute return of 10.79% — +12.38 pp ahead of the Ultra Short Duration Fund category average of -1.59%. The fund ranks #3 of 103 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW has delivered a CAGR of 6.45% — +4.19 pp ahead of the Ultra Short Duration Fund category average of 2.26%. The fund ranks #24 of 95 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW has delivered a CAGR of 3.82% — +1.8 pp ahead of the Ultra Short Duration Fund category average of 2.02%. The fund ranks #24 of 89 in its category — the second (Q2) quartile.

₹1 lakh invested in Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW exactly 5 years ago would be worth approximately ₹120,640 today — a multiplier of 1.21×, based on the 5-year CAGR of 3.82%. The category average over the same window would have grown ₹1 lakh to ₹110,527.

A ₹10,000 monthly SIP in Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹700,946 today. That's an XIRR (money-weighted annualised return) of 6.15%.

Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹990,699 — XIRR 4.64%.

On a 5-year basis, Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW ranks #24 out of 89 funds in the Ultra Short Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.02%; this fund delivered 3.82%.

The worst peak-to-trough decline Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW has experienced over the last 5-year window is 4.52% — its NAV fell from a high on 02 Apr 2019 to a low on 16 Jan 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 Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW averaged 0.84% (best 3.82%, worst -0.85%). 89% of rolling windows ended positive. The 5-year Sharpe ratio is -1.08 — negative risk-adjusted performance.

In calendar year 2021, Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - IDCW returned 11.85% — beating the Ultra Short Duration Fund category average of -3.45% by 15.29 pp. It ranked #1 of 82 in its category that year.

Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - 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 Ultra Short Bond Fund Super Institutional Plan - Direct - Daily - 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: 4.5%. 5-year CAGR: 3.82%.

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