Mumbai : Franklin India Money Market Fund is marking its 24th anniversary with a key milestone, having crossed Rs 3,800 crore in assets under management (AUM). Over more than two decades, the fund has built a strong track record as a low-risk, high-liquidity investment option for investors looking to efficiently manage short-term surpluses.
The Franklin India Money Market Fund is an open-ended debt scheme that invests in money market instruments such as Certificates of Deposit (CDs), Commercial Paper (CPs) Treasury Bills (T-Bills) and sovereign bonds having a maturity date less than one year. With a portfolio focused on instruments with maturity of up to one year, the scheme is designed to offer capital preservation, liquidity and optimal returns, making it suitable for investors with short investment horizons.
Managed by an experienced fund management team comprising Rohan Maru, Chandni Gupta and Rahul Goswami, the scheme has demonstrated consistent performance across market cycles. The fund has outperformed its benchmark over multiple time frames, including 1 month, 3 months and 6 months up to end of January 2026, highlighting the robustness of its investment process and risk management framework.
Rahul Goswami, CIO Fixed Income said “Completing 24 years, our approach has remained deeply rooted in discipline and a steadfast focus on high quality money market instruments. The money market continues to offer a stable avenue for short term investors, supported by healthy liquidity conditions and a well anchored rate environment. We continue to be nimble in our approach across evolving market dynamics to ensure the fund remains a dependable short term solution for investors.”
A key feature of the fund is its flexibility to invest across tenures of money market instruments, with no entry or exit load, allowing investors to deploy and withdraw funds without additional charges. This makes the scheme attractive for both retail and institutional investors seeking a parking avenue for funds awaiting deployment.
Franklin India Money Market Fund is suitable for investors with a investment horizon of less than a year, given its focus on high-quality money market instruments and high liquidity. As it completes 24 years, the fund continues to position itself as a core short-term fixed income solution for investors seeking stability, liquidity and consistency.