MF Gyan
debtLow risk3 years old

Franklin India Money Market Fund - Direct Plan - Retail Plan 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 7 Nov 2023.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹10.1085
▲ 0.03% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.00 L
▲ ₹52 gain · 0.1% / 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₹60.0k
Value today₹60.0k
Gain / loss+₹49
XIRR (annualised)0.18%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹60.1k
Projected gain*+₹57
*at this fund's historical rate of 0.18% 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 86 other funds in Debt Scheme - Money Market Fund

Same plan
1-year return
0.05%median 0.90% (-0.85%)
Rank #55 of 87Beats 34% of peers
Bumpiness (3Y)
0.76%median 0.57% (+0.19%)
Rank #45 of 87Less risky than 48% of peers
Worst-ever drop
-0.55%median -1.23% (+0.68%)
Rank #66 of 87Less risky than 24% 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. 4 of last 4 years were positive.

+0%
2023
+0%
2024
+1%
2025
+0%
2026
Best year
2025 · 0.73%
Worst year
2026 · 0.00%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
0.8%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.55%

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 Money Market Fund - Direct Plan - Retail Plan Weekly IDCW against other debt funds.

Technical details (for the pros)
CAGR — 1 year0.05%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch0.38%
Volatility — 1 year (annualised)0.87%
Volatility — 3 years (annualised)0.76%
Max drawdown — 1 year-0.55%
Max drawdown — 3 years-0.55%
Sharpe ratio — 1 year (rf=6%)-6.84
Sharpe ratio — 3 years (rf=6%)-7.33

Fund info

Fund house
Franklin Templeton Mutual Fund
Category
Debt Scheme - Money Market Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
INF090I01WV5
ISIN (Div re-invest)
INF090I01WW3
Fund code
152200
First price on record
7 Nov 2023 · 684 daily prices

About Franklin India Money Market Fund - Direct Plan - Retail Plan Weekly IDCW

Franklin India Money Market Fund - Direct Plan - Retail Plan Weekly IDCW is a Debt Scheme - Money Market Fund offered by Franklin Templeton Mutual Fund under the Direct plan with the IDCW option. It has approximately 3 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 Money Market Fund - Direct Plan - Retail Plan Weekly IDCW is ₹10.1085 (as of 4 Sep 2026). Historically, it has delivered 0.05% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 0.8% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.5%. 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 Money Market Fund - Direct Plan - Retail Plan Weekly IDCW?+

The latest NAV of Franklin India Money Market Fund - Direct Plan - Retail Plan Weekly IDCW is ₹10.1085 as of 4 Sep 2026, up 0.03% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Franklin India Money Market Fund - Direct Plan - Retail Plan Weekly IDCW?+

Franklin India Money Market Fund - Direct Plan - Retail Plan Weekly IDCW has delivered 1-year return 0.05%, since-inception CAGR 0.38%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Franklin India Money Market Fund - Direct Plan - Retail Plan Weekly IDCW belong to?+

Franklin India Money Market Fund - Direct Plan - Retail Plan Weekly IDCW is categorised as Debt Scheme - Money Market Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is Franklin India Money Market Fund - Direct Plan - Retail Plan Weekly IDCW?+

Based on its 3-year annualised volatility of 0.8%, Franklin India Money Market Fund - Direct Plan - Retail Plan 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 Money Market Fund - Direct Plan - Retail Plan Weekly IDCW a direct plan?+

Franklin India Money Market Fund - Direct Plan - Retail Plan 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 Money Market Fund - Direct Plan - Retail Plan Weekly IDCW?+

Franklin India Money Market Fund - Direct Plan - Retail Plan Weekly IDCW has NAV history available from 7 Nov 2023 — approximately 3 years of track record and 684 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.