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Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 48/100 · Weak
How this score is calculated
- Star rating (35%)1/5
- 3Y CAGR (30%)10.72%
- Expense ratio (20%)1.37%
- AUM (15%)₹2,280 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Franklin Templeton Mutual Fund · Equity · Thematic
₹148.17
AUM: ₹2,279 Cr
NAV updated 14 days ago
Plan
Direct
Option
Idcw
Risk
Very High
Expense Ratio
1.37%
Exit Load
Exit load of 1% if redeemed within 1 year
Fund Manager
Vikas Chiranwal, Srikesh Nair
Inception
Jan 2013
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
-12.89
Std Dev (1Y)
0.5%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-2.84%
3m
+0.89%
6m
-0.03%
1y
-1.08%
3y
+10.72%
5y
+12.59%
10y
+14.3%
since inception
+0.01%
TopFund's Take on Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW
Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW lags behind most of its peers in the Thematic category, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 48/100.
Cost: At 1.37%, the expense ratio runs 38% above the Thematic category average of 0.99%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -12.89 — 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 0.5% is on the lower side for a Thematic fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
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.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW
The current NAV (Net Asset Value) of Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW is ₹148.17. NAV is updated every business day after market close by AMFI.
1Y: -1.08% · 3Y CAGR: 10.72% · 5Y CAGR: 12.59%
The expense ratio of Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW is 1.37% per annum. This is the annual fee charged by the fund to manage your investment.
Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW is managed by Vikas Chiranwal, Srikesh Nair at Franklin Templeton Mutual Fund.
Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW is a Thematic fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW is ₹2,280 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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