Previously Known As : Franklin India Savings Fund
Franklin India Money Market Fund Datagrid
Category Money Market Fund
BMSMONEY Rank 7
Rating
Growth Option 27-07-2026
NAV ₹53.66(R) +0.07% ₹55.54(D) +0.07%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.14% 7.22% 6.37% 6.16% 6.63%
Direct 6.3% 7.38% 6.54% 6.33% 6.8%
Benchmark
SIP (XIRR) Regular 6.49% 7.06% 6.96% 6.1% 6.32%
Direct 6.65% 7.22% 7.12% 6.26% 6.49%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.55 1.92 0.72 0.93% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.54% 0.0% 0.0% 0.19 0.35%
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
Tata Money Market Fund 3
Aditya Birla Sun Life Money Manager Fund 4
Kotak Money Market Fund 5

NAV Date: 27-07-2026

Scheme Name NAV Rupee Change Percent Change
Franklin India Money Market Fund Retail Option - Daily - IDCW 10.05
0.0000
0.0000%
Franklin India Money Market Fund Retail Option - Direct - Daily - IDCW 10.05
0.0000
0.0000%
Franklin India Money Market Fund Retail Option - Monthly - IDCW 10.47
-0.0500
-0.4800%
Franklin India Money Market Fund Retail Option - Direct - Monthly - IDCW 10.86
-0.0500
-0.5000%
Franklin India Money Market Fund Retail Option - Quarterly - IDCW 11.17
0.0100
0.0700%
Franklin India Money Market Fund Retail Option - Direct - Quarterly - IDCW 11.7
0.0100
0.0700%
Franklin India Money Market Fund - Growth Option 53.66
0.0400
0.0700%
Franklin India Money Market Fund - Direct - Growth 55.54
0.0400
0.0700%

Review Date: 27-07-2026

Beginning of Analysis

In the Money Market Fund category, Franklin India Money Market Fund is the 7th ranked fund. 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 0.93% which is higher than the category average of 0.69%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 2.55 which is higher than the category average of 2.1.
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 0.5%, 1.7 and 3.34 in last one, three and six months respectively. In the same period the category average return was 0.48%, 1.7% and 3.37% respectively.
  • Franklin India Money Market Fund has given a return of 6.3% in last one year. In the same period the Money Market Fund category average return was 6.32%.
  • The fund has given a return of 7.38% in last three years and ranked 8.0th out of twenty two funds in the category. In the same period the Money Market Fund category average return was 7.31%.
  • The fund has given a return of 6.54% in last five years and ranked 10th out of sixteen funds in the category. In the same period the Money Market Fund category average return was 6.54%.
  • The fund has given a return of 6.8% in last ten years and ranked 3rd out of eleven funds in the category. In the same period the category average return was 6.63%.
  • The fund has given a SIP return of 6.65% in last one year whereas category average SIP return is 6.68%. The fund one year return rank in the category is 15th in 24 funds
  • The fund has SIP return of 7.22% in last three years and ranks 7th in 22 funds. Tata Money Market Fund has given the highest SIP return (7.34%) in the category in last three years.
  • The fund has SIP return of 7.12% in last five years whereas category average SIP return is 7.1%.

Franklin India Money Market Fund Risk Analysis

  • The fund has a standard deviation of 0.54 and semi deviation of 0.35. The category average standard deviation is 0.54 and semi deviation is 0.34.
  • 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 % 0.49
    0.45
    		0.40 | 0.49 1 | 25 Very Good
    3M Return % 1.66
    1.62
    		1.44 | 1.73 10 | 25 Good
    6M Return % 3.26
    3.21
    		2.68 | 3.37 14 | 24 Average
    1Y Return % 6.14
    5.99
    		5.15 | 6.20 8 | 23 Good
    3Y Return % 7.22
    6.96
    		6.17 | 7.29 7 | 22 Good
    5Y Return % 6.37
    6.22
    		5.30 | 6.54 8 | 16 Good
    7Y Return % 6.16
    5.94
    		5.07 | 6.36 7 | 14 Good
    10Y Return % 6.63
    6.31
    		5.48 | 6.72 4 | 11 Good
    15Y Return % 7.39
    7.14
    		6.41 | 7.50 4 | 11 Good
    1Y SIP Return % 6.49
    6.35
    		5.52 | 6.57 9 | 23 Good
    3Y SIP Return % 7.06
    6.82
    		6.01 | 7.11 6 | 22 Very Good
    5Y SIP Return % 6.96
    6.79
    		5.91 | 7.06 8 | 16 Good
    7Y SIP Return % 6.10
    5.92
    		5.08 | 6.23 7 | 14 Good
    10Y SIP Return % 6.32
    6.13
    		5.23 | 6.47 6 | 11 Good
    15Y SIP Return % 6.81
    6.55
    		5.73 | 6.92 4 | 11 Good
    Standard Deviation 0.54
    0.54
    		0.46 | 0.58 8 | 21 Good
    Semi Deviation 0.35
    0.34
    		0.27 | 0.39 8 | 21 Good
    Sharpe Ratio 2.55
    2.10
    		0.70 | 2.65 4 | 21 Very Good
    Sterling Ratio 0.72
    0.70
    		0.62 | 0.73 7 | 21 Good
    Sortino Ratio 1.92
    1.48
    		0.37 | 1.97 3 | 21 Very Good
    Jensen Alpha % 0.93
    0.69
    		-0.06 | 0.98 3 | 21 Very Good
    Treynor Ratio 0.08
    0.07
    		0.03 | 0.08 2 | 21 Very Good
    Modigliani Square Measure % 2.01
    1.66
    		0.55 | 2.09 4 | 21 Very Good
    Alpha % -0.63
    -0.89
    		-1.65 | -0.55 6 | 21 Very Good
    Return data last Updated On : July 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Rotate the phone! Best viewed in landscape mode on mobile.
    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.50 0.48 0.45 | 0.50 3 | 26 Very Good
    3M Return % 1.70 1.70 1.58 | 1.78 16 | 26 Average
    6M Return % 3.34 3.37 2.98 | 3.55 18 | 25 Average
    1Y Return % 6.30 6.32 6.16 | 6.52 15 | 24 Average
    3Y Return % 7.38 7.31 6.79 | 7.52 8 | 22 Good
    5Y Return % 6.54 6.54 6.36 | 6.76 10 | 16 Average
    7Y Return % 6.33 6.28 5.80 | 6.54 7 | 14 Good
    10Y Return % 6.80 6.63 6.05 | 6.85 3 | 11 Very Good
    1Y SIP Return % 6.65 6.68 6.51 | 6.97 15 | 24 Average
    3Y SIP Return % 7.22 7.16 6.81 | 7.34 7 | 22 Good
    5Y SIP Return % 7.12 7.10 6.96 | 7.29 9 | 16 Average
    7Y SIP Return % 6.26 6.24 6.00 | 6.47 9 | 14 Average
    10Y SIP Return % 6.49 6.44 6.26 | 6.61 6 | 11 Good
    Standard Deviation 0.54 0.54 0.46 | 0.58 8 | 21 Good
    Semi Deviation 0.35 0.34 0.27 | 0.39 8 | 21 Good
    Sharpe Ratio 2.55 2.10 0.70 | 2.65 4 | 21 Very Good
    Sterling Ratio 0.72 0.70 0.62 | 0.73 7 | 21 Good
    Sortino Ratio 1.92 1.48 0.37 | 1.97 3 | 21 Very Good
    Jensen Alpha % 0.93 0.69 -0.06 | 0.98 3 | 21 Very Good
    Treynor Ratio 0.08 0.07 0.03 | 0.08 2 | 21 Very Good
    Modigliani Square Measure % 2.01 1.66 0.55 | 2.09 4 | 21 Very Good
    Alpha % -0.63 -0.89 -1.65 | -0.55 6 | 21 Very Good
    Return data last Updated On : July 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    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
    27-07-2026 53.6621 55.536
    24-07-2026 53.6259 55.4979
    23-07-2026 53.6129 55.4842
    22-07-2026 53.5977 55.4682
    21-07-2026 53.596 55.4663
    20-07-2026 53.5697 55.4388
    17-07-2026 53.5552 55.4232
    16-07-2026 53.5262 55.393
    15-07-2026 53.5065 55.3724
    14-07-2026 53.4973 55.3626
    13-07-2026 53.5246 55.3907
    10-07-2026 53.5065 55.3713
    09-07-2026 53.4995 55.3638
    08-07-2026 53.4654 55.3283
    07-07-2026 53.4894 55.3529
    06-07-2026 53.5236 55.3881
    03-07-2026 53.5059 55.3691
    02-07-2026 53.5093 55.3724
    01-07-2026 53.473 55.3346
    30-06-2026 53.4348 55.2949
    29-06-2026 53.4007 55.2593

    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.