{"id":232467,"date":"2026-09-05T15:01:01","date_gmt":"2026-09-05T09:31:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/"},"modified":"2026-09-05T15:01:01","modified_gmt":"2026-09-05T09:31:01","slug":"franklin-india-money-market-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/","title":{"rendered":"Franklin India Money Market Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-money-market-fund-g-direct-plan\">Franklin India Money Market Fund Direct Growth Plan<\/a> has a NAV of \u20b956.0171 as of 04 Sep 2026 and an AUM of \u20b93,937 Cr. Its 1-year, 3-year and 5-year returns are 6.64%, 7.43% and 6.62%, and the scheme carries a Balanced Risk profile. Our view is that it suits investors looking for a debt fund with a steady return pattern, a broad mix of short-dated money-market instruments, and a portfolio that has held up reasonably well over longer periods.<\/p>\n<p>It has also been quite measured in the near term, with returns that are close to its longer-run pace rather than showing sharp swings. That makes it more relevant for investors who want relatively stable debt exposure and can accept that short-term returns may move around modestly.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Franklin_India_Money_Market\" title=\"Should you BUY or HOLD Franklin India Money Market?\">Should you BUY or HOLD Franklin India Money Market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-money-market-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b956.0171 as of 04 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b93,937 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.14%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Rohan Maru, Chandni Gupta, Rahul Goswami<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Rohan Maru, Chandni Gupta and Rahul Goswami.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.65%<\/td>\n<td>-2.95%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.14%<\/td>\n<td>2.27%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.64%<\/td>\n<td>-4.43%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.43%<\/td>\n<td>5.88%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.62%<\/td>\n<td>6.29%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund\u2019s short-term pattern is stable rather than dramatic. Over the last month and three months, the return path has shown small movements, which fits a money-market style portfolio where the main aim is consistency rather than aggressive capital appreciation. The 1-month result is positive while the benchmark is negative, but the 3-month figure is only slightly below the benchmark, so near-term behaviour is broadly aligned with the reference index.<\/p>\n<p>The stronger part of the record is the longer horizon. The 1-year return of 6.64% is well ahead of the benchmark\u2019s -4.43%, and the 3-year return of 7.43% also stands above the benchmark\u2019s 5.88%. That gap suggests the fund has handled the period better than the benchmark over medium horizons, while still preserving a fairly subdued return profile.<\/p>\n<p>At five years, the fund\u2019s 6.62% is only a little above the benchmark\u2019s 6.29%. Our read-through is that the fund has not been a high-conviction outlier, but it has delivered a steadier compounding pattern than the benchmark in the more recent medium-term window. The overall shape points to a debt strategy that may be more useful for capital preservation and liquidity management than for chasing high upside.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Franklin_India_Money_Market\"><\/span>Should you BUY or HOLD Franklin India Money Market?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Franklin India Money Market? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-money-market-fund-g-direct-plan\">Franklin India Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.64%<\/td>\n<td>7.43%<\/td>\n<td>6.62%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/union-money-market-fund-g-direct-plan\">Union Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.89%<\/td>\n<td>7.26%<\/td>\n<td>6.47%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-money-market-fund-g-direct-plan\">Bank of India Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.76%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/lic-mf-money-market-fund-g-direct-plan\">LIC MF Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.76%<\/td>\n<td>6.84%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-money-market-fund-g-direct-plan\">Bandhan Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.74%<\/td>\n<td>7.45%<\/td>\n<td>6.66%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-money-market-fund-g-direct-plan\">Tata Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.74%<\/td>\n<td>7.57%<\/td>\n<td>6.83%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The fund is slightly behind the best available 1-year peer figure, but it remains in a tight cluster where the difference is modest. On the 3-year view, its 7.43% return is close to the better peer figures and ahead of some peers with available data, while its 5-year return of 6.62% is comfortably within the same broad range as the others shown.<\/p>\n<p>What stands out is that the short-term comparison and the longer-term comparison do not tell exactly the same story. The fund is not the strongest on the 1-year measure among the group shown, yet its 3-year and 5-year numbers suggest dependable medium-term compounding. That mix makes it look more balanced than flashy, which can appeal to investors who value consistency over trying to stretch for every extra basis point.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>7.67% Uttar Pradesh SDL (12-Apr-2027)<\/td>\n<td>Government Securities<\/td>\n<td>9.90%<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Housing Finance Ltd (23-Feb-2027) **@<\/td>\n<td>Commercial Paper<\/td>\n<td>7.37%<\/td>\n<\/tr>\n<tr>\n<td>Piramal Finance Ltd (30-Oct-2026) **@<\/td>\n<td>Commercial Paper<\/td>\n<td>6.65%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Ltd (24-Feb-2027) **<\/td>\n<td>Certificate of Deposit<\/td>\n<td>6.15%<\/td>\n<\/tr>\n<tr>\n<td>Embassy Office Parks Reit (12-Mar-2027) **@<\/td>\n<td>Commercial Paper<\/td>\n<td>4.90%<\/td>\n<\/tr>\n<tr>\n<td>IDBI Bank Ltd (11-Mar-2027) **<\/td>\n<td>Certificate of Deposit<\/td>\n<td>4.90%<\/td>\n<\/tr>\n<tr>\n<td>National Bank for Agriculture &#038; Rural Development (22-Jan-2027) **<\/td>\n<td>Certificate of Deposit<\/td>\n<td>4.45%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Ltd (02-Nov-2026) **<\/td>\n<td>Certificate of Deposit<\/td>\n<td>3.77%<\/td>\n<\/tr>\n<tr>\n<td>National Bank for Agriculture &#038; Rural Development (28-Jan-2027) **<\/td>\n<td>Certificate of Deposit<\/td>\n<td>3.71%<\/td>\n<\/tr>\n<tr>\n<td>L&#038;T Finance Ltd (10-Jun-2027) **@<\/td>\n<td>Commercial Paper<\/td>\n<td>3.60%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest disclosed holding is the 7.67% Uttar Pradesh SDL line at 9.90%, which is meaningful but not extreme for a debt portfolio. From there, the weights taper down gradually rather than collapsing quickly, with the tenth holding still at 3.60%. That pattern suggests that no single position dominates the visible list, even though the top line does carry the most influence.<\/p>\n<p>The top 10 holdings together account for approximately 55.4% of the portfolio, so the fund is moderately concentrated in its largest disclosed positions but still leaves room for a longer tail of holdings. With 32 holdings in total, the portfolio appears spread across many instruments, which may help soften the effect of any one issuer or security. At the same time, the presence of several closely sized certificate-of-deposit and commercial-paper positions means the fund\u2019s outcome may still be shaped by its core short-dated credit exposures.<\/p>\n<p>That combination can be useful for investors who want diversified debt exposure without expecting equity-like movement. It also means the portfolio\u2019s stability may depend on how the shorter-duration instruments behave as they mature and roll over.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-money-market-fund-g-direct-plan\">Franklin India Money Market Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund may suit investors with a moderate risk tolerance who want debt exposure with a relatively steady return pattern rather than sharp price moves. Its 1-year, 3-year and 5-year returns show a consistent compounding profile, and the benchmark comparison suggests it has been able to hold up well over medium horizons.<\/p>\n<p>The main trade-off is that the fund\u2019s upside is naturally limited compared with more aggressive investment options, so it is better viewed as a stability-oriented debt holding. Investors with a medium-to-long horizon and a preference for controlled movement may find that balance more relevant than chasing the highest possible return in any single period.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Franklin India Money Market Fund Direct Growth Plan?<\/strong><br \/>Its current NAV is \u20b956.0171 as of 04 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s 1-year, 3-year and 5-year returns are 6.64%, 7.43% and 6.62%.<\/p>\n<p><strong>How has the fund performed versus its benchmark?<\/strong><br \/>It has outperformed the benchmark over 1 year, 3 years and 5 years. The benchmark figures for those periods are -4.43%, 5.88% and 6.29%.<\/p>\n<p><strong>How does it compare with peer funds on returns?<\/strong><br \/>Its 1-year return is slightly below the strongest peer figure shown, while its 3-year and 5-year results sit in the same broad range as the peer set. That points to a competitive but not dominant return profile.<\/p>\n<p><strong>Is there a minimum SIP amount?<\/strong><br \/>Yes. The minimum SIP amount is \u20b9500.<\/p>\n<p><strong>What are the fund\u2019s risk and exit-load features?<\/strong><br \/>The fund carries a Balanced Risk profile and has no exit load. Its portfolio is spread across 32 holdings, with the top 10 accounting for approximately 55.4% of the portfolio.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Franklin India Money Market Fund Direct Growth Plan looks steady rather than adventurous. Its near-term return pattern is close to its longer-term compounding trend, and its medium-horizon results are stronger than the benchmark\u2019s. The peer comparison also places it comfortably within the same return band as similar money-market funds. With a Balanced Risk profile and a portfolio that is spread across 32 holdings, it may appeal to investors who want a measured debt allocation with controlled movement and a reasonably even performance record.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 5 September 2026 at 3:00 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Franklin India Money Market Fund Direct Growth Plan\",\"identifier\":\"franklin-india-money-market-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":56.0171,\"valueReference\":\"as of 04 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"3937 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.14\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.64},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.43},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.62},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Rohan Maru, Chandni Gupta, Rahul Goswami\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Franklin India Money Market Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its current NAV is \u20b956.0171 as of 04 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year, 3-year and 5-year returns are 6.64%, 7.43% and 6.62%.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed versus its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outperformed the benchmark over 1 year, 3 years and 5 years. The benchmark figures for those periods are -4.43%, 5.88% and 6.29%.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is slightly below the strongest peer figure shown, while its 3-year and 5-year results sit in the same broad range as the peer set. That points to a competitive but not dominant return profile.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s risk and exit-load features?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund carries a Balanced Risk profile and has no exit load. Its portfolio is spread across 32 holdings, with the top 10 accounting for approximately 55.4% of the portfolio.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Franklin India Money Market Fund Direct Growth Plan has a NAV of \u20b956.0171 as of 04 Sep 2026, AUM of \u20b93,937 Cr and 1Y\/3Y\/5Y returns of 6.64%, 7.43% and 6.62%.<\/p>\n","protected":false},"author":29,"featured_media":232466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-232467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["232466"],"rank_math_title":["Franklin India Money Market Fund Review 2026"],"rank_math_description":["Franklin India Money Market Fund Direct Growth Plan has a NAV of \u20b956.0171 and 1Y return of 6.64% as of 04 Sep 2026."],"rank_math_focus_keyword":["Franklin India Money Market Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Franklin_India_Money_Market_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=232467"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/232466"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=232467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=232467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=232467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}