Franklin India Retirement Fund Direct IDCW NAV today
AMFI: 118549ISIN: INF090I01KA4MUTF_IN: FRAN_INDI_RETI_1VHC3QCFranklin Templeton Mutual FundRetirement funds
Formerly Franklin India Pension
NAV ₹17.7927
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹479 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 1.52%16 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 27.030 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 6330 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 31 Mar 1997
Franklin India Retirement Fund returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −1.42% | – | – | – | – |
| 1 month | −3.14% | – | 10 of 29 | −3.99% | −7.6% to −2.7% |
| 3 months | −2.55% | – | 8 of 29 | −4.16% | −5.6% to −2.6% |
| 6 months | −2.01% | – | 14 of 29 | −2.12% | −3.2% to −0.7% |
| 1 year | −4.04% | +1.78%to 30 Sep 2026 | 17 of 29 | −3.70% | −5.3% to −1.7% |
| 3 years | +6.94% | +7.88%to 30 Sep 2026 | 18 of 27 | +8.26% | +6.8% to +10.1% |
| 5 years | +6.29% | +7.25%to 30 Sep 2026 | 19 of 25 | +7.83% | +6.3% to +8.6% |
| 10 years | +7.41% | +9.51%to 30 Sep 2026 | 9 of 10 | +9.44% | +7.8% to +11.8% |
₹10,000 put in on 1 Jan 2013 is ₹34,230 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: CRISIL Short Term Debt Hybrid 60+40 Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of Retirement funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | −0.54% | +1.78% |
| 3 years | +7.16% | +7.88% |
| 5 years | +6.86% | +7.25% |
| 10 years | +7.69% | +9.51% |
| Since launch | +9.48% | +9.99% |
Benchmark: CRISIL Short Term Debt Hybrid 60+40 Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2014, +33.9%; lowest year to Dec 2018, +1.8%
Franklin India Retirement Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,16,926₹1,16,920 after stamp duty | −4.92% | −4.93% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,68,736₹3,68,718 after stamp duty | +1.59% | +1.58% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹6,88,567₹6,88,532 after stamp duty | +5.49% | +5.49% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹17,45,425₹17,45,378 after stamp duty | +7.31% | +7.31% | ₹38 | |
| Since Jan 2013166 instalments | ₹16,60,000 | ₹30,09,283₹30,09,237 after stamp duty | +8.19% | +8.19% | ₹38 |
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 1 Jan 2013 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year3,152 windows−5.7%+10.5%+41.2%95.6%
3 years2,664 windows+2.6%+10.0%+20.9%100.0%
5 years2,171 windows+4.6%+9.4%+15.1%100.0%
10 years938 windows+7.4%+9.7%+11.4%100.0%
Every 3, 5 and 10-year window ended higher than it started.From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Franklin India Retirement Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 0.73 ptsA year, on 16 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.53%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.25%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.70%, Jan 2019.Direct plan lowest 1.43%, Nov 2019.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 1.21% | 1.84% |
| Brokerage | 0.03% | 0.03% |
| Transaction costs | None | None |
| Statutory levies | 0.28% | 0.38% |
Per cent of assets a year, filed for 16 Oct 2026. The parts add up to that day's total.
Buying and selling
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- 3% if redeemed before the age of 58 years; Nil if redeemed after the age of 58 years.
- Lump-sum purchases
- Not accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹500
- Minimum top-up
- ₹500
- Minimum redemption
- ₹1,000
- SIP
- Not accepted
- SIP minimum
- Weekly, Monthly & Quarterly : 500
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- 5 years, or until retirement age if sooner
As listed for this plan on 24 Oct 2026.
Franklin India Retirement Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹493 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 10.5%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹522 Cr, quarter to Sep 2024.
Assets at each month end
Highest ₹527 Cr, Sep 2024.Lowest ₹407 Cr, May 2020.
Franklin India Retirement Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| 7.48% National Bank For Agriculture & Rural Development (15-Sep-2028)IND AAA, 7.48% coupon, repaid 15 Sep 2028 | Bonds and bills | 9.37% | 44.90 | 4,500 | 7.79% | Mar 2025 | |
| 0.00% Jubilant Bevco Ltd (31-May-2028)CRISIL AA, repaid 31 May 2028 | Bonds and bills | 6.26% | 30.01 | 2,668 | 9.05% | Jun 2025 | |
| 7.68% Small Industries Development Bank Of India (10-Aug-2027)CRISIL AAA, 7.68% coupon, repaid 10 Aug 2027 | Bonds and bills | 5.42% | 26.00 | 2,500 | 7.64% | Mar 2024 | |
| 7.90% Bajaj Housing Finance Ltd (28-Apr-2028)CRISIL AAA, repaid 28 Apr 2028 | Bonds and bills | 5.37% | 25.74 | 250 | 8.13% | Jun 2023 | |
| 7.70% Poonawalla Fincorp Ltd (21-Apr-2028)CRISIL AAA, repaid 21 Apr 2028 | Bonds and bills | 5.35% | 25.64 | 2,500 | 8.29% | Apr 2025 | |
| 7.90% LIC Housing Finance LTD (23-Jun-2027)CARE AAA, 7.90% coupon, repaid 23 Jun 2027 | Bonds and bills | 5.33% | 25.55 | 250 | 7.66% | May 2025 | |
| 7.03% National Bank for Financing Infrastructure and Development (08-Apr-2030)CRISIL AAA, 7.03% coupon, repaid 8 Apr 2030 | Bonds and bills | 5.25% | 25.17 | 2,500 | 7.92% | Apr 2025 | |
| 0.00% Jubilant Beverages Ltd (31-May-2028)CRISIL AA, repaid 31 May 2028 | Bonds and bills | 4.17% | 19.98 | 1,784 | 9.06% | Jun 2025 | |
| Canara Bank (30-Nov-2026)CRISIL A1+, repaid 30 Nov 2026 | Bonds and bills | 3.10% | 14.85 | 300 | 6.26% | Jul 2026 | |
| 8.75% Bharti Telecom Ltd (05-Nov-2028)CRISIL AAA, 8.75% coupon, repaid 5 Nov 2028 | Bonds and bills | 2.27% | 10.86 | 1,000 | 8.35% | Nov 2024 | |
| 7.66% Maharashtra SDL (04-Mar-2047)SOVEREIGN, 7.66% coupon, repaid 4 Mar 2047 | Bonds and bills | 2.15% | 10.29 | 10,50,000 | 8.07% | Mar 2026 | |
| 0.00% REC Ltd (03-Nov-2034)CRISIL AAA, 0.00% coupon, repaid 3 Nov 2034 | Bonds and bills | 1.76% | 8.45 | 1,487 | 7.23% | Sep 2024 | |
| Axis BankBanks | Shares | Large cap15th | 1.71% | 8.21 | 67,000 | – | Jul 2014or earlier |
| State Bank of IndiaBanks | Shares | Large cap4th | 1.60% | 7.68 | 80,000 | – | Jan 2016 |
| ICICI BankBanks | Shares | Large cap5th | 1.60% | 7.67 | 58,000 | – | Jul 2014or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Call, Cash & Other Assets | 7.40% | 35.45 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 9.37%7.48% National Bank For Agriculture & Rural Development (15-Sep-2028)
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 31.77%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 51.88%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 13.71%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 25.0Taken over 92.60% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares35.10%
- Bonds and bills56.86%
- Units of other funds0.64%
- Cash and receivables7.40%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap59.51%Category 60.32%
- Mid cap17.64%Category 19.10%
- Small cap21.31%Category 20.04%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 0.54% of the fund. Category is the average of 27 Retirement funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.16sectors
- Financial Services10.98%Category 17.94%
- Capital Goods4.50%Category 5.26%
- Healthcare3.30%Category 5.00%
- Automobile And Auto Components2.94%Category 5.30%
- Consumer Services2.28%Category 3.46%
- Consumer Durables1.91%Category 2.24%
- Fast Moving Consumer Goods1.39%Category 3.35%
- Telecommunication1.28%Category 1.20%
- Construction1.18%Category 1.85%
- Information Technology1.17%Category 3.04%
- Oil Gas & Consumable Fuels0.87%Category 3.18%
- Construction Materials0.78%Category 1.11%
- Power0.75%Category 1.31%
- Metals & Mining0.65%Category 1.24%
- Realty0.59%Category 0.79%
- Services0.52%Category 1.87%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 29 Retirement funds. Category average. The sector's weight, less the futures sold on it, averaged over the 29 Retirement funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services13 companies | 10.98% | 11.04% | 11.09% | 10.81% | 10.25% | 11.30% | 10.78% | 12.68% | 12.56% | 12.04% | 12.01% | 12.16% | |
| Capital Goods8 companies | 4.50% | 3.81% | 3.45% | 2.34% | 2.24% | 2.16% | 1.89% | 2.04% | 1.99% | 1.85% | 1.40% | 1.01% | |
| Healthcare5 companies | 3.30% | 3.31% | 2.65% | 1.83% | 2.04% | 1.85% | 2.54% | 2.53% | 2.49% | 2.57% | 2.72% | 2.70% | |
| Automobile And Auto Components6 companies | 2.94% | 2.06% | 2.38% | 2.22% | 2.08% | 1.80% | 1.63% | 1.83% | 2.01% | 2.45% | 2.50% | 2.48% | |
| Consumer Services3 companies | 2.28% | 2.23% | 1.87% | 1.70% | 1.42% | 1.46% | 1.44% | 1.96% | 2.13% | 2.27% | 2.41% | 2.51% | |
| Consumer Durables3 companies | 1.91% | 1.87% | 1.82% | 0.55% | 0.42% | 0.57% | 0.54% | 0.63% | 0.52% | 1.11% | 1.08% | 1.02% | |
| Fast Moving Consumer Goods2 companies | 1.39% | 1.41% | 1.86% | 1.40% | 1.78% | 1.81% | 1.75% | 1.84% | 1.97% | 2.12% | 2.07% | 2.07% | |
| Telecommunication1 company | 1.28% | 1.29% | 1.40% | 1.31% | 1.67% | 1.71% | 1.65% | 1.66% | 1.86% | 1.95% | 2.09% | 2.03% | |
| Construction1 company | 1.18% | 1.24% | 1.20% | 1.71% | 1.70% | 1.66% | 1.48% | 2.28% | 2.09% | 2.14% | 2.11% | 2.10% | |
| Information Technology1 company | 1.17% | 1.30% | 2.41% | 2.03% | 2.32% | 2.34% | 2.60% | 2.57% | 3.19% | 3.05% | 3.01% | 2.86% | |
| Oil Gas & Consumable Fuels1 company | 0.87% | 1.36% | 1.59% | 1.57% | 1.88% | 2.02% | 1.94% | 1.92% | 2.22% | 2.40% | 2.48% | 2.41% | |
| Construction Materials1 company | 0.78% | 0.79% | 0.82% | 0.93% | 0.96% | 0.96% | 0.91% | 1.02% | 1.02% | 0.89% | 0.87% | 0.89% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 8.02%Lines stating a yield: 100.00% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 6.51%Direct plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal.
- 1.18years
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates.
- 1.11years
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid.
- 1.44years
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign2.15%
- AAA41.19%
- AA10.43%
Loans of under a year
- A1+3.10%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 monthNone
- 1 to 3 months3.10%
- 3 to 6 monthsNone
- 6 to 12 months11.82%
- 1 to 3 years32.78%
- 3 to 5 years5.25%
- 5 to 10 years1.76%
- Over 10 years2.15%
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 9.37%National Bank for Agriculture and Rural Development
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 31.77%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 51.88%
Per cent of the fund's net assets. Lent outside the government: 54.72% of the fund, to 12 borrowers; the borrower is named for 100.00% of it, its group for 46.65%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 73.11% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 30.76% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 7
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 4
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 45
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.76%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 5.18%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| TVS Motor Company | New | 0.64% | 0.00% | +0.64 pts | +7,500 |
| Astral | New | 0.63% | 0.00% | +0.63 pts | +22,000 |
| SBI Funds Management | New | 0.54% | 0.00% | +0.54 pts | +50,000 |
| 360 ONE WAM | New | 0.54% | 0.00% | +0.54 pts | +25,000 |
| Reliance Industries | Trimmed | 0.87% | 1.36% | −0.49 pts | −17,500 |
| HDFC Bank | Trimmed | 1.48% | 1.95% | −0.47 pts | −35,376 |
| Exide Industries | New | 0.43% | 0.00% | +0.43 pts | +50,000 |
| CESC | Sold out | – | 0.40% | −0.40 pts | −1,35,328 |
| Hindustan Aeronautics | Sold out | – | 0.34% | −0.34 pts | −3,500 |
| Data Patterns (India) | New | 0.31% | 0.00% | +0.31 pts | +3,500 |
| ICICI Bank | Trimmed | 1.60% | 1.86% | −0.26 pts | −5,000 |
| Dr. Reddy's Laboratories | Added | 0.67% | 0.56% | +0.11 pts | +2,000 |
| ZF Commercial Vehicle Control Systems India | Trimmed | 0.17% | 0.26% | −0.09 pts | −1,535 |
| Emmvee Photovoltaic Power | Added | 0.40% | 0.33% | +0.07 pts | +10,416 |
| Asian Paints | Added | 0.60% | 0.54% | +0.06 pts | +2,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.48% National Bank For Agriculture & Rural Development (15-Sep-2028) | 8.87% | 8.93% | 9.00% | 9.14% | 9.24% | 9.64% | 9.44% | 9.56% | 9.66% | 9.70% | 9.77% | 9.37% |
| 0.00% Jubilant Bevco Ltd (31-May-2028) | 6.11% | 6.14% | 6.23% | 6.33% | 6.41% | 5.97%Cut | 5.85% | 5.90% | 5.98% | 6.00% | 6.06% | 6.26% |
| 7.68% Small Industries Development Bank Of India (10-Aug-2027) | 5.10% | 5.12% | 5.18% | 5.26% | 5.31% | 5.18% | 5.08% | 5.14% | 5.17% | 5.20% | 5.25% | 5.42% |
| 7.90% Bajaj Housing Finance Ltd (28-Apr-2028) | 5.09% | 5.11% | 5.17% | 5.26% | 5.31% | 5.55% | 5.05% | 5.10% | 5.14% | 5.18% | 5.22% | 5.37% |
| 7.70% Poonawalla Fincorp Ltd (21-Apr-2028) | 4.98% | 5.03% | 5.09% | 5.18% | 5.23% | 5.49% | 5.01% | 5.06% | 5.10% | 5.13% | 5.18% | 5.35% |
| 7.90% LIC Housing Finance LTD (23-Jun-2027) | 5.01% | 5.04% | 5.09% | 5.18% | 5.23% | 5.49% | 5.39% | 5.45% | 5.07% | 5.11% | 5.16% | 5.33% |
| 7.03% National Bank for Financing Infrastructure and Development (08-Apr-2030) | 5.00% | 5.04% | 5.07% | 5.14% | 5.19% | 5.40% | 4.93% | 4.99% | 5.09% | 5.09% | 5.11% | 5.25% |
| 0.00% Jubilant Beverages Ltd (31-May-2028) | 3.62% | 3.64% | 3.69% | 3.75% | 3.79% | 3.97% | 3.89% | 3.93% | 3.99% | 4.00% | 4.03% | 4.17% |
| Canara Bank (30-Nov-2026) | – | – | – | – | – | – | – | – | – | 2.97%Bought | 3.00% | 3.10% |
| 8.75% Bharti Telecom Ltd (05-Nov-2028) | 2.15% | 2.00% | 2.02% | 2.05% | 2.08% | 2.17% | 2.13% | 2.15% | 2.17% | 2.18% | 2.20% | 2.27% |
| 7.66% Maharashtra SDL (04-Mar-2047) | – | – | – | – | – | 2.13%Bought | 2.10% | 2.14% | 2.18% | 2.19% | 2.20% | 2.15% |
| 0.00% REC Ltd (03-Nov-2034) | 2.69% | 2.73% | 2.73% | 2.73% | 2.77% | 2.89% | 2.15%Cut | 1.70%Cut | 1.72% | 1.74% | 1.77% | 1.76% |
 Axis Bank | 1.56%Cut | 1.62% | 1.62% | 1.78% | 1.82%Added | 1.61% | 1.71% | 1.75% | 1.82% | 1.67% | 1.77% | 1.71% |
 ICICI Bank | 2.90% | 2.40%Cut | 2.13%Cut | 2.18% | 2.23% | 2.04% | 2.09% | 2.09% | 2.27% | 2.03%Cut | 1.86%Cut | 1.60%Cut |
 State Bank of India | 0.95% | 1.13%Added | 1.33%Added | 1.59%Added | 1.89%Added | 1.62% | 1.72% | 1.96%Added | 2.07% | 2.08% | 1.72%Cut | 1.60% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 205.7% in Jul 2019
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Retirement funds (26 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.6.17%
1.43%Lowest9.93%Average16.83%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.3.68%
0.46%Lowest6.17%Average10.32%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.20
−0.18Lowest0.31Average0.78Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.27
−0.23Lowest0.45Average1.29Highest
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 and 3 years | −5.88% | 26 Nov 2025 | 30 Mar 2026 | Not yet |
| 5 years | −7.44% | 17 Jan 2022 | 17 Jun 2022 | 17 Aug 2022 |
| 10 years and since Jan 2013 | −13.81% | 19 Feb 2020 | 23 Mar 2020 | 21 Oct 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Mar 2026 to Aug 20266 months | Moderately High | Moderately HighCRISIL Short Term Debt Hybrid 60+40 Index |
| Feb 20261 month | High | Moderately HighCRISIL Short Term Debt Hybrid 60+40 Index |
| May 2025 to Jan 20269 months | Moderately High | Moderately HighCRISIL Short Term Debt Hybrid 60+40 Index |
| May 2024 to Apr 202512 months | High | Moderately HighCRISIL Short Term Debt Hybrid 60+40 Index |
| Sep 2023 to Apr 20248 months | Moderately High | Moderately HighCRISIL Short Term Debt Hybrid 60+40 Index |
| May 2023 to Aug 20234 months | High | Moderately HighCRISIL Short Term Debt Hybrid 60+40 Index |
| Nov 2022 to Apr 20236 months | Moderately High | Moderately HighCRISIL Short Term Debt Hybrid 60+40 Index |
| Oct 20221 month | High | Moderately HighCRISIL Short Term Debt Hybrid 60+40 Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Franklin India Retirement Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Anuj TagraDebt | Apr 2024 | +4.18%a year | – | – | 21.5% | 23.3% | 13 | ₹13,367 Cr |
| Chandni GuptaDebt | Oct 2026 | – | – | – | – | – | 12 | ₹18,589 Cr |
| Rajasa KakulavarapuEquity | Sep 2021 | +6.79%a year | – | – | 50.8% | 12.3% | 12 | ₹40,092 Cr |
| Ajay ArgalEquity | Oct 2024 | +1.46%a year | – | – | 9.2% | 8.1% | 7 | ₹27,070 Cr |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Managers before
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Pallab Roy | Sep 2026 | – | – | – |
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Franklin India Multi Asset Allocation FundAnuj Tagra | Oct 2026 | – | – | – | ₹2,767 Cr |
| Franklin India Balanced Advantage FundAnuj Tagra | Mar 2024 | +5.35%a year | – | – | ₹2,687 Cr |
| Franklin India Aggressive Hybrid FundAnuj Tagra | Mar 2024 | +4.15%a year | – | – | ₹2,264 Cr |
| Franklin India Arbitrage FundAnuj Tagra | Oct 2026 | – | – | – | ₹1,921 Cr |
| Franklin India Corporate Bond FundAnuj Tagra | Mar 2024 | +7.92%a year | – | – | ₹1,409 Cr |
| Franklin India Banking & PSU Debt FundAnuj Tagra | Mar 2024 | +7.30%a year | – | – | ₹565 Cr |
| Franklin India Equity Savings FundAnuj Tagra | Apr 2024 | +6.00%a year | – | – | ₹560 Cr |
| Franklin India Floating Rate FundAnuj Tagra | Oct 2026 | – | – | – | ₹256 Cr |
| Franklin India Short Term FundAnuj Tagra | Aug 2026 | +0.57%over 65 days | – | – | ₹231 Cr |
| Franklin India Gilt FundAnuj Tagra | Mar 2024 | +6.03%a year | – | – | ₹145 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Axis Retirement Fund - AggressiveAxis Mutual Fund | 19.89% | 26 |
| Axis Retirement Fund - DynamicAxis Mutual Fund | 19.66% | 25 |
| Union Retirement FundUnion Mutual Fund | 17.16% | 20 |
| HDFC Retirement Fund - EquityHDFC Mutual Fund | 15.57% | 16 |
| Baroda BNP Paribas Retirement FundBaroda BNP Paribas Mutual Fund | 15.50% | 14 |
| Nippon India Retirement Fund- Wealth Creation SchemeNippon India Mutual Fund | 14.36% | 14 |
| PGIM India Retirement FundPGIM India Mutual Fund | 13.94% | 17 |
| ICICI Prudential Retirement Fund - Hybrid AggressiveICICI Prudential Mutual Fund | 13.87% | 16 |
| Aditya Birla Sun Life Retirement Fund-The 40sAditya Birla Sun Life Mutual Fund | 13.36% | 14 |
| HDFC Retirement Fund - Hybrid-EquityHDFC Mutual Fund | 13.17% | 12 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Franklin India Retirement Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹1.80 a unit, Dec 2024.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 19 Dec 2025 | ₹1.65 | 8.19% | ₹20.1349 | ₹18.5323 |
| 27 Dec 2024 | ₹1.80 | 8.57% | ₹21.0086 | ₹19.2074 |
| 15 Dec 2023 | ₹1.60 | 8.02% | ₹19.9577 | ₹18.3778 |
| 16 Dec 2022 | ₹1.65 | 8.56% | ₹19.2755 | ₹17.6614 |
| 17 Dec 2021 | ₹1.50 | 7.58% | ₹19.7891 | ₹18.1092 |
| 24 Dec 2020 | ₹1.25 | 6.54% | ₹19.1265 | ₹17.9478 |
| 20 Dec 2019 | ₹1.50 | 7.86% | ₹19.0916 | ₹17.6117 |
| 28 Dec 2018 | ₹1.50 | 7.93% | ₹18.9207 | ₹17.4462 |
| 29 Dec 2017 | ₹1.60 | 7.91% | ₹20.2203 | ₹18.5756 |
| 30 Dec 2016 | ₹1.25 | 6.60% | ₹18.9512 | ₹17.8584 |
| 1 Jan 2016 | ₹1.00 | 5.43% | ₹18.4255 | ₹17.3025 |
| 3 Jan 2014 | ₹1.0266 | 7.05% | ₹14.5541 | ₹13.5295 |
All 12 payouts since 3 Jan 2014.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
The Fund seeks to provide investors regular income under the Income Distribution cum capital withdrawal Plan and capital appreciation under the Growth Plan.
Asset allocation
- Equities, preference shares and equity related instruments: Up to 40%
- Debentures (Investment grade, privately placed etc.), Bonds issued by Public Sector Units and Money Market Instruments: Up to 100%
Type of scheme
An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- CRISIL Short Term Debt Hybrid 60+40 Index
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately High
- New fund offer
- 3 Mar 1997 to 31 Mar 1997
- Units first allotted
- 31 Mar 1997
- Open for sale again
- 29 Apr 1997
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹500
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 118548 | INF090I01JZ3 | FRAN_INDI_RETI_KJH5KK | 1 Jan 2013 | |
| Regular Growth | 100536 | INF090I01510 | FRAN_INDI_RETI_1713BW4 | 3 Apr 2006 | |
| Direct IDCW | 118549 | INF090I01KA4 | INF090I01KB2 | FRAN_INDI_RETI_1VHC3QC | 1 Jan 2013 |
| Regular IDCW | 100535 | INF090I01528 | INF090I01536 | FRAN_INDI_RETI_1O5393A | 3 Apr 2006 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Factsheet as on September 30, 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Sep 2026
Statement of additional information
- SAI Franklin Templeton Mutual Fund (opens in a new tab)Franklin Templeton Mutual Fund, Oct 2026
Annual report
- Franklin India Banking & PSU Debt Fund Abridged Annual Report 2025 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Mar 2026
- Franklin India Corporate Debt Fund Abridged Annual Report 2025 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Mar 2026
- Franklin India Focused Equity Fund Abridged Annual Report 2025 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Mar 2026
- Franklin India Equity Savings Fund Abridged Annual Report 2025 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Mar 2026
Riskometer disclosure
- Number of changes in Risk-o-meter during the FY 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - September 30, 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Sep 2026