Franklin India Retirement Fund
Franklin Templeton Mutual Fund · Retirement · Direct plan, growth option
NAV (₹), 1 Oct 2026
236.7160
1-day change
-0.38%
1Y return
-1.3%
3Y CAGR
7.0%
5Y CAGR
6.8%
Max drawdown, 5Y
−7.4%
NAV history month-end NAV, ₹ · 1 Jan 2013 to 1 Oct 2026
Returns vs Retirement median (29 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -2.3% | -4.4% |
| 3 months | -2.0% | -2.3% |
| 6 months | 2.2% | 5.3% |
| Year to date | -2.8% | -1.7% |
| 1 year | -1.3% | 0.8% |
| 3 years (CAGR) | 7.0% | 8.2% |
| 5 years (CAGR) | 6.8% | 8.4% |
| 7 years (CAGR) | 8.3% | 11.0% |
| 10 years (CAGR) | 7.7% | 9.9% |
| Since first NAV (CAGR) | 9.5% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 9.1% | 9.6% |
| 3Y rolling median | 9.7% | 12.9% |
| 3Y rolling worst | 2.6% | 5.7% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 9.1% | 11.7% |
| 5Y rolling worst | 4.6% | 6.8% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 6.1% | 10.9% |
| Sharpe ratio | 0.16 | 0.24 |
| Sortino ratio | 0.22 | 0.34 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −13.8% | −16.5% |
| Maximum drawdown, last 10Y | −13.8% | −23.2% |
| Maximum drawdown, last 5Y | −7.4% | −12.3% |
| Current drawdown | −3.4% | −5.6% |
| Recovery time of worst fall | 212 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.25% a year and the Direct plan's 1.52%, a gap of 0.73%; over the last 3 years the Direct plan returned 0.81 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹15,90,500.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER increased from 1.51% to 1.52% (AMFI TER disclosure)
- 29 Sep 2026: TER reduced from 1.55% to 1.51% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Debt | n/a | |
| amp | n/a | |
| Pallab Roy | 7 Mar 2024 | |
| Equity | n/a | |
| amp | n/a | |
| Ajay Argal | 4 Oct 2024 |
Objective: The Fund seeks to provide investors regular income under the Income Distribution cum capital withdrawal Plan and capital appreciation under the Growth Plan.
Stated 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%
Benchmark (tier 1): CRISIL Short Term Debt Hybrid 60+40 Index
Exit load: 3% if redeemed before the age of 58 years; Nil if redeemed after the age of 58 years.
Minimum application: Rs.500
Allotment date: 31 Mar 1997
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.52% | 1.16% |
| AUM, whole scheme (₹ crore) | 479 | 269 |
| Riskometer | Moderately High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -0.5% | 1.8% TRI |
| Return, 3 years (AMFI) | 7.2% | 7.9% TRI |
| Return, 5 years (AMFI) | 6.9% | 7.3% TRI |
| Month-ends above category median (3Y CAGR) | 3% | 41% median |
| Month-ends in category top quartile (3Y) | 0% | 9% median |
| 7Y rolling CAGR, median (monthly windows) | 9.1% | 10.7% median |
Official benchmark: CRISIL Short Term Debt Hybrid 60+40 Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Retirement Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -2.8% | n/a | – |
| 2025 | 5.1% | n/a | – |
| 2024 | 13.5% | n/a | – |
| 2023 | 14.9% | n/a | – |
| 2022 | 4.3% | n/a | – |
| 2021 | 10.6% | n/a | – |
| 2020 | 9.3% | n/a | – |
| 2019 | 9.6% | n/a | – |
| 2018 | 1.8% | n/a | – |
| 2017 | 14.2% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,18,200 | -2.8% |
| 3 years | ₹3,60,000 | ₹3,75,413 | 2.7% |
| 5 years | ₹6,00,000 | ₹7,00,713 | 6.1% |
| 10 years | ₹12,00,000 | ₹17,77,069 | 7.6% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Retirement
Plan / option: Direct · Growth
AMFI scheme code: 118548
ISIN: INF090I01JZ3
First NAV in MFIC data: 1 Jan 2013
History: 13.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| UTI Retirement Fund | Retirement | 0.97 | 8.2% |
| Nippon India Retirement Fund- Wealth Creation Scheme | Retirement | 0.96 | 9.3% |
| Baroda BNP Paribas Retirement Fund | Retirement | 0.96 | n/a |
| HDFC Retirement Fund - Equity Plan | Retirement | 0.96 | 8.1% |
| HDFC Children's Fund | Children's | 0.96 | 8.0% |
| Union Children's Fund | Children's | 0.96 | n/a |
Questions about Franklin India Retirement Fund
- What is the latest NAV of Franklin India Retirement Fund?
- The NAV of the Direct plan (growth option) was ₹236.7160 on 1 Oct 2026, as published by AMFI.
- Which category is Franklin India Retirement Fund in?
- It is classified as Retirement in AMFI's daily NAV file. MFIC compares it with 29 Retirement schemes (Direct plans).
- What returns has Franklin India Retirement Fund delivered?
- Over one year the NAV changed by -1.3%. The 3-year CAGR is 7.0% (category median 8.2%) and the 5-year CAGR is 6.8% (category median 8.4%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 9.7%, the lowest was 2.6%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Franklin India Retirement Fund's NAV?
- The largest peak-to-trough fall in its available history was 13.8%; within the last five years it was 7.4% (category median 12.3%).
- How volatile is Franklin India Retirement Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 6.1%, which is below the Retirement category median of 10.9%.
- What would a monthly SIP in Franklin India Retirement Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,00,713 on 1 Oct 2026, an annualised return (XIRR) of 6.1%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Franklin India Retirement Fund?
- The total expense ratio of the Direct plan is 1.52% a year, as disclosed to AMFI (median of Retirement Direct plans: 1.16%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Franklin India Retirement Fund?
- Assets under management of the whole scheme were ₹479 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Franklin India Retirement Fund?
- AMFI lists the scheme's riskometer as “Moderately High”, and its benchmark's as “Moderately High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Franklin India Retirement Fund and how has it compared?
- Its official benchmark is the CRISIL Short Term Debt Hybrid 60+40 Index. Over 3 years AMFI reports a return of 7.2% for this plan against 7.9% for the benchmark total return index; over 5 years 6.9% against 7.3%. Past performance does not indicate future results.
- How often has Franklin India Retirement Fund beaten its category?
- At 3% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Retirement schemes (Direct plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages Franklin India Retirement Fund?
- According to its Scheme Summary Document, Franklin India Retirement Fund is managed by Debt, amp, Pallab Roy (since 7 Mar 2024), Equity, amp, Ajay Argal (since 4 Oct 2024).
- What is the exit load of Franklin India Retirement Fund?
- As stated in its scheme documents: 3% if redeemed before the age of 58 years; Nil if redeemed after the age of 58 years. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Franklin India Retirement Fund?
- The minimum application amount is Rs.500. SIP details: SIP: Weekly, Monthly & Quarterly : 500STP: Daily: 500 * 2 = 1000; Weekly, Monthly & Quarterly : 1000 * 2 = 2000 SWP: 500 * 1.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -1.3% and the Regular plan's by -2.0%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.