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Franklin India Overnight Fund- Unclaimed Redemption Plan
★★★★★ monitor_heart Health Score: 70/100 · GoodFranklin Templeton Mutual Fund · Debt · Overnight
₹12.96
AUM: ₹799 Cr
NAV updated 8 days ago
Plan
Direct
Option
Growth
Risk
Low
Expense Ratio
0.07%
Exit Load
Nil
Fund Manager
Pallab Roy
Inception
May 2019
Benchmark
NIFTY 1D Rate Index
Sharpe Ratio
-18.59
Std Dev (1Y)
0.11%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.43%
3m
+1.3%
6m
+2.58%
1y
+5.39%
3y
+6.15%
5y
+5.61%
10y
—
since inception
+5.87%
rate_review TopFund's Take on Franklin India Overnight Fund- Unclaimed Redemption Plan
Franklin India Overnight Fund- Unclaimed Redemption Plan holds up reasonably well within the Overnight category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 70/100.
Cost: At 0.07%, the expense ratio is meaningfully cheaper — about 36% below the Overnight category average of 0.11% (based on 169 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -18.59 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.11% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Franklin India Overnight Fund- Unclaimed Redemption Plan
The current NAV (Net Asset Value) of Franklin India Overnight Fund- Unclaimed Redemption Plan is ₹12.96. NAV is updated every business day after market close by AMFI.
1Y: 5.39% · 3Y CAGR: 6.15% · 5Y CAGR: 5.61%
The expense ratio is 0.07% per annum — the annual fee deducted from your investment to cover fund management costs.
Franklin India Overnight Fund- Unclaimed Redemption Plan is managed by Pallab Roy at Franklin Templeton Mutual Fund.
Franklin India Overnight Fund- Unclaimed Redemption Plan is a Low risk fund. Suitable for investors with a moderate risk appetite.
Franklin India Overnight Fund- Unclaimed Redemption Plan is a Overnight fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Franklin India Overnight Fund- Unclaimed Redemption Plan is ₹799 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.