MF Gyan
debtLow risk14 years oldSteady vs its 3-year pace

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

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Franklin Templeton Mutual Fund. It's been running since 1 Jan 2013.

Latest price per unit
₹12.196
▲ 0.11% today
As of 7 Aug 2022 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.11 L
▲ ₹10.8k gain · 10.8% / year
Invested 3 years ago
₹1.21 L
▲ ₹20.8k gain · 6.5% / year
Invested 5 years ago
₹1.21 L
▲ ₹20.8k gain · 3.9% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.05 L
Gain / loss+₹24.8k
XIRR (annualised)8.95%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.07 L
Projected gain*+₹27.1k
*at this fund's historical rate of 8.95% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 80 other funds in Debt Scheme - Ultra Short Duration Fund

Same plan
1-year return
10.77%median 1.96% (+8.81%)
Rank #9 of 81Beats 89% of peers
3-year return
6.49%median 1.30% (+5.19%)
Rank #12 of 81Beats 81% of peers
5-year return
3.86%median 0.80% (+3.05%)
Rank #19 of 81Beats 65% of peers
Bumpiness (3Y)
3.04%median 1.14% (+1.90%)
Rank #62 of 81Less risky than 21% of peers
Worst-ever drop
-4.80%median -1.31% (-3.49%)
Rank #30 of 81Less risky than 64% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 6 of last 7 years were positive.

-0%
2016
+0%
2017
+0%
2018
+0%
2019
+4%
2020
+12%
2021
+4%
2022
Best year
2021 · 11.85%
Worst year
2016 · -0.10%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
3.0%

The value swings roughly 3% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-4.80%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW against other debt funds.

Technical details (for the pros)
CAGR — 1 year10.77%
CAGR — 3 years6.49%
CAGR — 5 years3.86%
CAGR — since launch1.98%
Volatility — 1 year (annualised)1.74%
Volatility — 3 years (annualised)3.04%
Max drawdown — 1 year-0.74%
Max drawdown — 3 years-4.49%
Sharpe ratio — 1 year (rf=6%)2.62
Sharpe ratio — 3 years (rf=6%)0.18

Fund info

Fund house
Franklin Templeton Mutual Fund
Category
Debt Scheme - Ultra Short Duration Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
118562
First price on record
1 Jan 2013 · 2,317 daily prices

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

Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW is a Debt Scheme - Ultra Short Duration Fund offered by Franklin Templeton Mutual Fund under the Direct plan with the IDCW option. It has approximately 14 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW is ₹12.1960 (as of 7 Aug 2022). Historically, it has delivered 10.79% over the last year, 6.49% CAGR over 3 years, 3.86% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 3.0% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 4.8%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW?+

The latest NAV of Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW is ₹12.1960 as of 7 Aug 2022, up 0.11% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW?+

Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW has delivered 1-year return 10.79%, 3-year CAGR 6.49%, 5-year CAGR 3.86%, since-inception CAGR 1.98%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW belong to?+

Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW is categorised as Debt Scheme - Ultra Short Duration Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW?+

Based on its 3-year annualised volatility of 3.0%, Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW a direct plan?+

Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW?+

Franklin India Ultra Short Bond Fund Super Institutional Plan - Direct - Weekly - IDCW has NAV history available from 1 Jan 2013 — approximately 14 years of track record and 2,317 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.