Money Market Fund
Fund Type
Open Ended
Investment Plan
Dividend Reinvestment
Expense Ratio
0%
Asset Size
1054.32 Cr.
(As of 15 Mar, 2023)
Benchmark
Nifty Money Market TR INR
Riskometer
Investors understand that their principal will be at Risk.
To provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market instruments.
Fund manager
Umesh Sharma
Exit load
N / A
Minimum sip
₹500
Minimum investment
₹10000
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
182 DTB 02032023
5.47%
182 DTB 06072023
4.45%
Union Bank of India
4.25%
Money Market Mutual Funds invest in high quality and ultra safeliquid instruments like commercial papers, treasury bills (T-Bills), Repurchase Agreements (Repos) and Certificate of Deposits. With an average maturity of one year, Money Market Mutual Funds are used to manage short-run cash needs and deals only in either cash or cash equivalents. Its main aim is to keep the fluctuations in the fund’s NAV to a minimum
This fund is rated 2 stars by Morning Star Ratings.
Since 1947, our firm has been dedicated to delivering exceptional asset management for institutional, retail, and high-net-worth clients. Franklin Templeton's association with India dates back to over 2 decades as an investor. As part of the group's major thrust on investing in markets around the world, the India office was set up in 1996 as Templeton Asset Management India Pvt. Limited. It flagged off the mutual fund business with the launch of Templeton India Growth Fund in September 1996, and since then the business has grown at a steady pace.
At Franklin Templeton Mutual Fund, we understand that the strength of our business relationships is a key point of differentiation for us as a company, along with the trust that our business partners and clients have in us. Throughout the Franklin Templeton Mutual Fund’s history, a strong commitment to corporate values has guided our decision making and has been a roadmap for our success.
These values, and our unique perspective, help us achieve our mission by offering high quality investment solutions, providing outstanding service, and attracting, motivating and retaining talented people. They also help to create a “culture of compliance.” Franklin Templeton Mutual Fund’s core values include