Franklin India Ultra Short to Short Term Fund

Direct Plan · IDCW · Ultra Short Duration · Scheme code 153369

NAV₹10.5832as on 25 Sep 2026

Fund houseFranklin Templeton Mutual Fund

CategoryUltra Short Duration

Plan & optionDirect · IDCW

History1.5 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	0.44	0.53	0.95	2.20	—	—	—	—	4.52
Ultra Short Duration category median	—	—	—	6.36	7.26	6.58	—	6.74	—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	1.8%	-1.10	-1.18	—	—	-1.2%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Drawdown from peak (%)

Franklin India Ultra Short to Short Term Fund

Direct Plan · IDCW

Allocation

By asset

Debt	92.65%
REITs / InvITs	5.98%
Cash & Equivalents	1.10%
AIF Units	0.26%

By market cap

Unclassified	98.90%

Concentration

Number of stocks	23
Top 5 stocks	35.41%
Top 10 stocks	63.21%
Top 20 stocks	95.36%
Lines in the filing	25

Largest holding	9.55%
Largest sector	CRISIL AAA 35.21%
Effective stocks	18.8
Sectors held	10
Cash	1.10%

Effective stocks is what the concentration works out to: a fund holding 23 names but most of its money in a few behaves like a fund of 19. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL AAA	35.21%
SOVEREIGN	15.50%
ICRA AAA	14.94%
CRISIL AA	11.34%
IND AAA	6.35%
CARE AAA	5.99%
CARE A1+	4.59%
CRISIL AA+	2.44%
CRISIL A1+	2.28%
Cash & Equivalents	1.10%
Alternative Investment Fund Units	0.26%

Franklin India Ultra Short to Short Term Fund

Direct Plan · IDCW · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	7.02% Punjab SDL (01-Jul-2030)	SOVEREIGN	4,000,000	40	9.55%
2	0.00% Jubilant Bevco Ltd (31-May-2028)	CRISIL AA	2,627	29	6.95%
3	7.56% REC Ltd (31-Aug-2027)	ICRA AAA	2,500	27	6.37%
4	7.70% National Bank For Agriculture & Rural Development (30-Sep-2027)	IND AAA	2,500	27	6.35%
5	7.23% Power Finance Corporation Ltd (05-Jan-2027)	ICRA AAA	250	26	6.19%
6	7.25% RJ Corp Ltd (08-Dec-2028)	CRISIL AAA	2,485	26	6.12%
7	7.9265% LIC Housing Finance (14-Jul-2027)	CARE AAA	2,500	25	5.99%
8	7.05% Embassy Office Parks Reit (18-Oct-2026)	CRISIL AAA	250	25	5.98%
9	7.55% Poonawalla Fincorp Ltd (25-Mar-2027)	CRISIL AAA	2,000	21	4.88%
10	Mahindra & Mahindra Financial Services Ltd (18-May-2029) ** $	CRISIL AAA	2,000	20	4.84%
11	HDFC Bank Ltd (15-Feb-2027)	CARE A1+	400	19	4.59%
12	0.00% Jubilant Beverages Ltd (31-May-2028)	CRISIL AA	1,660	18	4.39%
13	8.12% Bajaj Finance Ltd (10-Sep-2027)	CRISIL AAA	1,500	16	3.84%
14	7.89% Tata Capital Ltd (26-Jul-2027)	CRISIL AAA	150	15	3.58%
15	7.12% Tata Capital Housing Finance Ltd (21-Jul-2027)	CRISIL AAA	1,500	15	3.56%
16	8.63% Rajasthan SDL (03-Sep-2028)	SOVEREIGN	1,000,000	11	2.55%
17	7.97% Mankind Pharma Ltd (16-Nov-2027)	CRISIL AA+	1,000	10	2.44%
18	7.70% Poonawalla Fincorp Ltd (21-Apr-2028)	CRISIL AAA	1,000	10	2.42%
19	7.28% West Bengal SDL (12-Jul-2027)	SOVEREIGN	1,000,000	10	2.41%
20	6.60% REC Ltd (30-Jun-2027)	ICRA AAA	1,000	10	2.38%
21	National Bank For Agriculture & Rural Development (17-Mar-2027)	CRISIL A1+	200	10	2.28%
22	Call, Cash & Other Assets	Unclassified	—	5	1.09%
23	GOI FRB 2034 (30-Oct-2034) $	SOVEREIGN	400,000	4	0.99%
24	Corporate Debt Market Development Fund Class A2	Alternative Investment Fund Units	920	1	0.26%
25	Margin on IRS	Unclassified	—	0	0.01%

Franklin India Ultra Short to Short Term Fund

Direct Plan · IDCW · where the money sits

What the manager did last month

Between the filings of 30 Jun 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹15 cr	₹0 cr	2	11	-0.60%

Stock	Shares traded	Shares	Price	Value ₹ cr
New position
7.70% National Bank For Agriculture & Rural Development (30-Sep-2027)	2,500	entered	—	26.7
7.28% West Bengal SDL (12-Jul-2027)	1,000,000	entered	—	10.1
Added to
7.02% Punjab SDL (01-Jul-2030)	1,500,000	+60.0%	+0.3%	15.1
Corporate Debt Market Development Fund Class A2	55	+6.4%	+0.4%	0.1
Sold out of
7.44% National Bank For Agriculture & Rural Development (17-Jul-2029)	2,500	exited	—	25.7
ICICI BANK LTD (Pay Fixed - Receive Floating)	—	exited	—	25.0
STANDARD CHARTERED (Pay Fixed - Receive Floating)	—	exited	—	25.0
ICICI SECURITIES PRIMARY DEALERSHIP LTD (Pay Fixed - Receive Floating)	—	exited	—	20.0
STANDARD CHARTERED BANK (Pay Fixed - Receive Floating)	—	exited	—	20.0
Long	—	exited	—	20.0
Small Industries Development Bank of India (18-Feb-2027)	200	exited	—	9.6
Contract Name	—	exited	—	0.0

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 27 Sep 2026.