Many investors invest only in equity funds. They feel that equity funds get less returns on investing in date funds. However, this thinking is shocked to see the performance of Franklin India Money Market Fund. This fund has not only made the money of investors many times but has also helped them in preparing a big fund. Let us know in detail about this fund.
This fund was launched in 2002
Franklin Templeton India Mutual Fund launched this fund 23 years ago. Its name is Franklin India Money Market Fund. If you had invested this fund with a SIP of Rs 10,000 every month in 2002, then on May 30, 2025, a fund of more than Rs 70 lakh would have been ready for you. If you had invested a lump sum of Rs 10,000, then your money would have increased to Rs 49,649.
Date scheme category fund
This fund comes in the category of the date scheme of mutual funds. It invests into short -term money market instruments. These include Certificate of Deposit (CDS), Commercial Papers (CPS) and Treasury Bills. The asset under management (AUM) of this scheme has been more than Rs 3,400 crore. The Fund House has reported that the scheme has performed better than its benchmark.
More returns from benchmark index
This fund has given more returns in one year, 5 years and 15 years compared to its benchmark Nifty Money Market Index AI. “Portfolio has benefited from Acrual Strategy,” said Chandni Gupta, Vice President and Portfolio Manager of Franklin Temphnant India. This fund has invested its 87 percent in the money market instruments. 12 per cent invested in government securities.
Date fund means
Money market funds mean a fund whose focus is at least risk in liquidity and short term. However, it would not be right to say that there is no risk in this category fund. Increased interest rates and decrease, under -linging security and economy conditions affect the performance of this fund.
Should you invest?
Experts say that after seeing the previous performance of a fund, there is a desire to invest in it. However, it is not right to do so. The previous performance cannot be considered a guarantee of future performance. Second, the return in money market funds is usually not much. Therefore, investors must take opinion from any experts before investing.