About Franklin India Ultra Short Bond Fund Super Institutional Direct-Growth
Franklin India Ultra Short Bond Fund Super Institutional Direct-Growth is a
Debt mutual fund scheme from
Franklin Templeton Mutual Fund. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers
Santosh Kamath and
Pallab Roy. It has an AUM of ₹19,949.81 Crores and the latest NAV decalared is ₹28.051 as on 06 Dec 2019 at 9:20 pm.
Franklin India Ultra Short Bond Fund Super Institutional Direct-Growth scheme return performance in last 1 year is 9.73%, in last 3 years is 28.80% and 87.55% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Ultra Short Duration Funds maintain a portfolio of debt and money market instruments wherein the portfolio has a Macaulay duration of around 3 to 6 months. Among the duration funds, these funds are relatively less affected by the movement of overall interest rates. These funds may be suitable to earn regular income with high liquidity.