Previously Known As : Franklin India Savings Fund
Franklin India Money Market Fund Datagrid
Category Money Market Fund
BMSMONEY Rank 6
Rating
Growth Option 27-01-2026
NAV ₹51.97(R) +0.06% ₹53.74(D) +0.06%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 7.23% 7.4% 6.09% 6.34% 6.73%
Direct 7.39% 7.57% 6.25% 6.51% 6.92%
Benchmark
SIP (XIRR) Regular 6.4% 7.25% 6.84% 6.05% 6.34%
Direct 6.57% 7.41% 7.01% 6.21% 6.51%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.65 20.39 0.74 6.14% 0.15
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.36% 0.0% 0.0% 0.11 0.21%
Fund AUM As on: 30/12/2025 4338 Cr
Top Money Market Fund
Fund Name Rank Rating
Uti Money Market Fund 1
Axis Money Market Fund 2
Aditya Birla Sun Life Money Manager Fund 3
Nippon India Money Market Fund 4
Tata Money Market Fund 5

NAV Date: 27-01-2026

Scheme Name NAV Rupee Change Percent Change
Franklin India Money Market Fund Retail Option - Daily - IDCW 10.1
0.0000
0.0000%
Franklin India Money Market Fund Retail Option - Direct - Daily - IDCW 10.11
0.0000
0.0000%
Franklin India Money Market Fund Retail Option - Monthly - IDCW 10.48
-0.0500
-0.5100%
Franklin India Money Market Fund Retail Option - Direct - Monthly - IDCW 10.88
-0.0600
-0.5300%
Franklin India Money Market Fund Retail Option - Quarterly - IDCW 11.12
0.0100
0.0600%
Franklin India Money Market Fund Retail Option - Direct - Quarterly - IDCW 11.66
0.0100
0.0600%
Franklin India Money Market Fund - Growth Option 51.97
0.0300
0.0600%
Franklin India Money Market Fund - Direct - Growth 53.74
0.0300
0.0600%

Review Date: 27-01-2026

Beginning of Analysis

Franklin India Money Market Fund is the 7th ranked fund in the Money Market Fund category. The category has total 20 funds. The Franklin India Money Market Fund has shown a very good past performence in Money Market Fund. The fund has a Jensen Alpha of 6.14% which is higher than the category average of 5.92%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.65 which is higher than the category average of 4.07.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Money Market Mutual Funds are ideal for investors seeking a safe, liquid, and low-risk investment option for short-term cash management. These funds invest in high-quality, short-term money market instruments with a maturity of up to 1 year, offering quick redemption (within 1 business day) and stable returns. While they provide better returns than savings accounts, they may underperform compared to other debt funds with longer maturities. Investors should consider their liquidity needs, risk tolerance, and investment horizon before investing in Money Market Funds. Additionally, the absence of a lock-in period makes them a flexible choice for managing short-term financial goals.

Franklin India Money Market Fund Return Analysis

  • The fund has given a return of 0.38%, 1.41 and 2.87 in last one, three and six months respectively. In the same period the category average return was 0.34%, 1.36% and 2.84% respectively.
  • Franklin India Money Market Fund has given a return of 7.39% in last one year. In the same period the Money Market Fund category average return was 7.26%.
  • The fund has given a return of 7.57% in last three years and ranked 5.0th out of 21 funds in the category. In the same period the Money Market Fund category average return was 7.43%.
  • The fund has given a return of 6.25% in last five years and ranked 10th out of 16 funds in the category. In the same period the Money Market Fund category average return was 6.26%.
  • The fund has given a return of 6.92% in last ten years and ranked 2nd out of 11 funds in the category. In the same period the category average return was 6.72%.
  • The fund has given a SIP return of 6.57% in last one year whereas category average SIP return is 6.46%. The fund one year return rank in the category is 2nd in 22 funds
  • The fund has SIP return of 7.41% in last three years and ranks 4th in 21 funds. Tata Money Market Fund has given the highest SIP return (7.49%) in the category in last three years.
  • The fund has SIP return of 7.01% in last five years whereas category average SIP return is 6.97%.

Franklin India Money Market Fund Risk Analysis

  • The fund has a standard deviation of 0.36 and semi deviation of 0.21. The category average standard deviation is 0.34 and semi deviation is 0.21.
  • The fund has a beta of 0.15 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Money Market Fund Category
  • Good Performance in Money Market Fund Category
  • Poor Performance in Money Market Fund Category
  • Very Poor Performance in Money Market Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.37
    0.32
    		0.26 | 0.37 1 | 22 Very Good
    3M Return % 1.37
    1.28
    		1.09 | 1.37 1 | 22 Very Good
    6M Return % 2.79
    2.68
    		2.27 | 2.80 2 | 22 Very Good
    1Y Return % 7.23
    6.92
    		6.12 | 7.24 2 | 22 Very Good
    3Y Return % 7.40
    7.09
    		6.30 | 7.48 6 | 21 Very Good
    5Y Return % 6.09
    5.93
    		5.06 | 6.27 8 | 16 Good
    7Y Return % 6.34
    6.17
    		5.14 | 6.49 7 | 13 Good
    10Y Return % 6.73
    6.39
    		5.57 | 6.79 2 | 11 Very Good
    15Y Return % 7.46
    7.21
    		6.52 | 7.57 5 | 11 Good
    1Y SIP Return % 6.40
    6.13
    		5.32 | 6.41 2 | 22 Very Good
    3Y SIP Return % 7.25
    6.95
    		6.16 | 7.29 3 | 21 Very Good
    5Y SIP Return % 6.84
    6.65
    		5.77 | 6.96 8 | 16 Good
    7Y SIP Return % 6.05
    5.87
    		4.99 | 6.18 7 | 13 Good
    10Y SIP Return % 6.34
    6.11
    		5.21 | 6.47 5 | 11 Good
    15Y SIP Return % 6.87
    6.60
    		5.79 | 6.98 4 | 11 Good
    Standard Deviation 0.36
    0.34
    		0.28 | 0.43 20 | 21 Poor
    Semi Deviation 0.21
    0.21
    		0.17 | 0.35 18 | 21 Average
    Sharpe Ratio 4.65
    4.07
    		1.94 | 5.23 8 | 21 Good
    Sterling Ratio 0.74
    0.71
    		0.63 | 0.75 7 | 21 Good
    Sortino Ratio 20.39
    14.57
    		1.35 | 33.07 7 | 21 Good
    Jensen Alpha % 6.14
    5.92
    		5.08 | 6.21 6 | 21 Very Good
    Treynor Ratio 0.15
    0.14
    		0.06 | 0.18 8 | 21 Good
    Modigliani Square Measure % 15.06
    15.64
    		13.32 | 18.48 16 | 21 Average
    Alpha % -0.55
    -0.84
    		-1.58 | -0.45 7 | 21 Good
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.38 0.34 0.29 | 0.41 3 | 22 Very Good
    3M Return % 1.41 1.36 1.30 | 1.43 3 | 22 Very Good
    6M Return % 2.87 2.84 2.77 | 2.91 6 | 22 Very Good
    1Y Return % 7.39 7.26 6.94 | 7.41 3 | 22 Very Good
    3Y Return % 7.57 7.43 6.71 | 7.69 5 | 21 Very Good
    5Y Return % 6.25 6.26 5.96 | 6.50 10 | 16 Average
    7Y Return % 6.51 6.51 6.16 | 7.27 7 | 13 Good
    10Y Return % 6.92 6.72 6.11 | 6.98 2 | 11 Very Good
    1Y SIP Return % 6.57 6.46 6.27 | 6.62 2 | 22 Very Good
    3Y SIP Return % 7.41 7.28 6.68 | 7.49 4 | 21 Very Good
    5Y SIP Return % 7.01 6.97 6.78 | 7.17 9 | 16 Average
    7Y SIP Return % 6.21 6.20 6.00 | 6.41 7 | 13 Good
    10Y SIP Return % 6.51 6.43 6.17 | 6.60 6 | 11 Good
    Standard Deviation 0.36 0.34 0.28 | 0.43 20 | 21 Poor
    Semi Deviation 0.21 0.21 0.17 | 0.35 18 | 21 Average
    Sharpe Ratio 4.65 4.07 1.94 | 5.23 8 | 21 Good
    Sterling Ratio 0.74 0.71 0.63 | 0.75 7 | 21 Good
    Sortino Ratio 20.39 14.57 1.35 | 33.07 7 | 21 Good
    Jensen Alpha % 6.14 5.92 5.08 | 6.21 6 | 21 Very Good
    Treynor Ratio 0.15 0.14 0.06 | 0.18 8 | 21 Good
    Modigliani Square Measure % 15.06 15.64 13.32 | 18.48 16 | 21 Average
    Alpha % -0.55 -0.84 -1.58 | -0.45 7 | 21 Good
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Franklin India Money Market Fund NAV Regular Growth Franklin India Money Market Fund NAV Direct Growth
    27-01-2026 51.9678 53.7435
    23-01-2026 51.9352 53.7088
    22-01-2026 51.937 53.7104
    21-01-2026 51.9097 53.682
    20-01-2026 51.8999 53.6716
    19-01-2026 51.906 53.6777
    16-01-2026 51.8951 53.6657
    14-01-2026 51.8855 53.6553
    13-01-2026 51.8789 53.6482
    12-01-2026 51.8795 53.6487
    09-01-2026 51.8555 53.6231
    08-01-2026 51.8509 53.6181
    07-01-2026 51.8495 53.6164
    06-01-2026 51.8528 53.6197
    05-01-2026 51.8444 53.6107
    02-01-2026 51.821 53.5858
    01-01-2026 51.8168 53.5813
    31-12-2025 51.8067 53.5706
    30-12-2025 51.7781 53.5408
    29-12-2025 51.7767 53.5391

    Fund Launch Date: 21/Jan/2002
    Fund Category: Money Market Fund
    Investment Objective: To provide income and liquidity consistentwith the prudent risk from a portfoliocomprising of money market instruments.
    Fund Description: An open ended debt scheme investing inmoney market instruments
    Fund Benchmark: Crisil Liquid Fund Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.