About Franklin India Short Term Fund
Franklin India Short Term Fund is a short duration fund managed by Franklin Templeton Mutual Fund. Debt funds with a portfolio duration of 1 to 3 years.
The objective of the Scheme is to achieve optimal returns over the short term by investing in a diversified set of debt and money market securities. However, there is no assurance that the investment objective of the scheme will be achieved.
The scheme's stated objective, as published by Franklin Templeton Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹10.1044 | 154541 |
| Direct | IDCW | ₹10.1044 | 154538 |
| Regular | Growth | ₹10.0883 | 154540 |
| Regular | IDCW | ₹10.0883 | 154539 |
Frequently asked questions
What is the NAV of Franklin India Short Term Fund today?
The NAV of Franklin India Short Term Fund (Direct plan, Growth) is ₹10.1044 and the Regular plan NAV is ₹10.0883, as of 13 Nov 2026.
What returns has Franklin India Short Term Fund given?
Over the last year the Direct plan returned –. Past returns do not guarantee future returns.
What is the expense ratio of Franklin India Short Term Fund?
The Direct plan charges 0.37% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Franklin India Short Term Fund?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹5,000 or more.
How much has Franklin India Short Term Fund fallen in the past?
Its deepest fall was 0.2% from 9 Oct 2026 to 22 Oct 2026.
Which category does Franklin India Short Term Fund belong to?
It is a Short Duration Fund from Franklin Templeton Mutual Fund. Debt funds with a portfolio duration of 1 to 3 years.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Franklin India Short Term Fund taxed?
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.