Franklin India Retirement Fund - Direct Plan - IDCW
The Fund seeks to provide investors regular income under the Dividend Plan and capital appreciation under the Growth Plan.
AMC websiteScheme documentsNAV history (AMFI)हिंदी में
- Current NAV₹18.0492
- Fund Size (AUM)₹ 479 Cr.
- Expense Ratio1.53 %
- 1Y Return-10.38%
- 3Y Return (CAGR)-1.81%
- 5Y Return (CAGR)-2.22%
- Category Rank (3Y)—
- RiskometerModerately High Risk
- Min. SIP / Lump sum₹ 500 / ₹ 500
More figures (11)
- Since Launch (CAGR)+1.83%
- Benchmark—
- Volatility (3Y)9.92 %
- Sharpe Ratio (3Y)-0.84
- Beta (3Y)—
- 52-week High / Low₹20.2990 / ₹17.5411
- Max Drawdown-23.3 %
- Launched1 Jan 2013
- Lock-in0 years
- Portfolio Turnover—
- Fund ManagersAjay Argal, Pallab Roy, Anuj Tagra +1
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned -2.2% a year.
- Volatility over 3 years was 9.9% a year, with a Sharpe ratio of -0.84.
- Its biggest fall from a peak was 23.3% (26 Dec 2017 to 23 Mar 2020).
- Across all 3-year periods since launch, yearly returns ranged from -5.2% to 13.8% and were positive 77% of the time.
- Expense ratio 1.53%, fund size ₹479 crore.
Pros
AI- Long track record of 13.8 years since 1 Jan 2013.
Cons
AI- Returns were negative in 23% of all 3-year periods since launch.
- Expense ratio of 1.53% is above the category median of 1.12%.
- Small fund size of ₹479 crore.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +0.31% | -0.94% | -1.76% | -0.59% | -2.59% | -10.38% | -7.33% | -1.81% | -2.22% | -0.35% | -0.79% | +1.83% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Retirement Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -2.59% | -3.53% | +3.70% | +5.69% | -4.61% | +2.07% | +2.16% | +0.99% | -13.72% | +6.70% | +3.14% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.2 | 0.3 | -4.5 | 2.9 | -0.3 | 1.8 | 0.5 | 0.3 | -2.1 | -0.1 | |||
| 2025 | -1.7 | -2.5 | 3.0 | 2.2 | 1.8 | 1.3 | -0.4 | -1.0 | 0.4 | 1.9 | 0.5 | -8.5 | -3.5 |
| 2024 | 1.1 | 1.6 | 0.5 | 1.8 | 0.9 | 2.9 | 2.6 | 1.0 | 0.8 | -1.6 | 0.8 | -8.2 | 3.7 |
| 2023 | -0.8 | -0.7 | 1.0 | 1.2 | 2.0 | 1.9 | 2.1 | 0.3 | 1.4 | -1.2 | 3.3 | -4.6 | 5.7 |
| 2022 | 0.4 | -2.0 | 1.2 | -0.5 | -1.5 | -1.8 | 4.0 | 2.4 | -0.6 | 2.1 | 2.0 | -9.6 | -4.6 |
| 2021 | -0.1 | 2.1 | 0.5 | 1.1 | 2.3 | 0.5 | 0.3 | 2.3 | 1.3 | 0.5 | -1.2 | -7.1 | 2.1 |
| 2020 | 0.5 | -0.8 | -8.0 | 4.0 | 0.1 | 2.8 | 1.8 | 0.7 | -0.9 | 2.3 | 5.4 | -4.8 | 2.2 |
| 2019 | -0.1 | -0.3 | 3.8 | 0.2 | 1.3 | 0.2 | -1.4 | -0.1 | 2.2 | 1.8 | 1.4 | -7.4 | 1.0 |
| 2018 | -7.8 | -2.1 | -0.3 | 1.6 | 0.3 | -0.7 | 2.0 | 2.0 | -3.3 | -1.1 | 2.1 | -6.8 | -13.7 |
| 2017 | -4.1 | 0.6 | 1.8 | 0.9 | 1.5 | 1.0 | 2.5 | -0.9 | -0.4 | 2.1 | 0.3 | 1.4 | 6.7 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 74 of 118 months shown (63%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 9.92% | 10.03% |
| Sharpe ratio ? | -0.84 | -0.87 |
| Sortino ratio ? | -0.90 | -0.93 |
| Maximum drawdown | -17.32% | -17.32% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
How it handled market falls
Biggest falls in this fund's NAV
| Peak | Bottom | Fall | Back to the peak on | Time to recover |
|---|---|---|---|---|
| 26 Dec 2017 | 23 Mar 2020 | -23.3% | 18 Oct 2021 | 19 months |
| 16 Dec 2024 | 30 Mar 2026 | -17.3% | Not yet | — |
| 18 Oct 2021 | 15 Mar 2023 | -14.8% | 1 Jul 2024 | 16 months |
| 19 Aug 2015 | 25 Feb 2016 | -11.9% | 11 Jul 2016 | 5 months |
| 17 May 2013 | 19 Aug 2013 | -10.7% | 12 May 2014 | 9 months |
| 25 Oct 2016 | 3 Jan 2017 | -9.2% | 24 Jul 2017 | 7 months |
Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,15,940 | ₹-4,060 | -6.19% |
| 3Y | ₹3,60,000 | ₹3,36,081 | ₹-23,919 | -4.41% |
| 5Y | ₹6,00,000 | ₹5,71,056 | ₹-28,944 | -1.94% |
| 10Y | ₹12,00,000 | ₹11,58,075 | ₹-41,925 | -0.71% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Retirement Funds (29)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Aditya Birla Sun Life Retirement Fund-The 30s PlanAditya Birla Sun Life Mutual Fund | ₹24.6880 | — | — | — | — | — | 1.35 | 465 | Very High Risk |
| 2. | Aditya Birla Sun Life Retirement Fund-The 40s PlanAditya Birla Sun Life Mutual Fund | ₹20.8620 | — | — | — | — | — | 1.12 | 110 | Very High Risk |
| 3. | Aditya Birla Sun Life Retirement Fund-The 50s PlanAditya Birla Sun Life Mutual Fund | ₹16.5132 | — | — | — | — | — | 0.63 | 27 | Moderate Risk |
| 4. | Aditya Birla Sun Life Retirement Fund-The 50s Plus-Debt PlanAditya Birla Sun Life Mutual Fund | ₹14.8694 | — | — | — | — | — | 0.92 | 14 | Moderate Risk |
| 5. | Axis Retirement Fund - Aggressive PlanAxis Mutual Fund | ₹19.7600 | — | — | — | — | — | 1.25 | 666 | High Risk |
| 6. | Axis Retirement Fund - Conservative PlanAxis Mutual Fund | ₹17.1899 | — | — | — | — | — | 1.25 | 45 | High Risk |
| 7. | Axis Retirement Fund - Dynamic PlanAxis Mutual Fund | ₹21.1000 | — | — | — | — | — | 1.35 | 269 | High Risk |
| 8. | BANDHAN RETIREMENT FUNDBandhan Mutual Fund | ₹12.9280 | — | — | — | — | — | 0.96 | 174 | Moderately High Risk |
| 9. | Baroda BNP Paribas Retirement FundBaroda BNP Paribas Mutual Fund | ₹11.6795 | — | — | — | — | — | 1.04 | 387 | Very High Risk |
| 10. | Franklin India Retirement FundFranklin Templeton Mutual Fund | ₹237.2876 | — | — | — | — | — | 1.53 | 479 | Moderately High Risk |
| 11. | HDFC Retirement Fund - Equity PlanHDFC Mutual Fund | ₹54.3070 | — | — | — | — | — | 0.89 | 6,645 | Very High Risk |
| 12. | HDFC Retirement Fund - Hybrid-Debt PlanHDFC Mutual Fund | ₹24.5372 | — | — | — | — | — | 1.35 | 143 | Moderately High Risk |
| 13. | HDFC Retirement Fund - Hybrid-Equity PlanHDFC Mutual Fund | ₹41.5850 | — | — | — | — | — | 1.10 | 1,530 | Very High Risk |
| 14. | ICICI Prudential Retirement Fund Hybrid Aggressive PlanICICI Prudential Mutual Fund | ₹30.1200 | — | — | — | — | — | 1.18 | 1,268 | Very High Risk |
| 15. | ICICI Prudential Retirement Fund Hybrid Conservative PlanICICI Prudential Mutual Fund | ₹19.8733 | — | — | — | — | — | 1.06 | 95 | Moderately High Risk |
| 16. | ICICI Prudential Retirement Fund Pure Debt PlanICICI Prudential Mutual Fund | ₹17.1091 | — | — | — | — | — | 1.22 | 79 | Moderately High Risk |
| 17. | ICICI Prudential Retirement Fund Pure Equity PlanICICI Prudential Mutual Fund | ₹37.6800 | — | — | — | — | — | 0.87 | 2,106 | Very High Risk |
| 18. | Nippon India Retirement Fund- Income Generation SchemeNippon India Mutual Fund | ₹22.9057 | — | — | — | — | — | 0.98 | 138 | Moderately High Risk |
| 19. | Nippon India Retirement Fund- Wealth Creation SchemeNippon India Mutual Fund | ₹31.2856 | — | — | — | — | — | 1.28 | 2,939 | Very High Risk |
| 20. | PGIM India Retirement FundPGIM India Mutual Fund | ₹12.3600 | — | — | — | — | — | 1.13 | 104 | Very High Risk |
| 21. | SBI Retirement Benefit Fund - Aggressive Hybrid PlanSBI Mutual Fund | ₹20.1227 | — | — | — | — | — | 1.19 | 1,587 | Very High Risk |
| 22. | SBI Retirement Benefit Fund - Aggressive PlanSBI Mutual Fund | ₹20.8321 | — | — | — | — | — | 1.11 | 3,066 | Very High Risk |
| 23. | SBI Retirement Benefit Fund - Conservative Hybrid PlanSBI Mutual Fund | ₹16.0906 | — | — | — | — | — | 1.24 | 248 | Moderately High Risk |
| 24. | SBI Retirement Benefit Fund - Conservative PlanSBI Mutual Fund | ₹14.8869 | — | — | — | — | — | 0.97 | 138 | Moderately High Risk |
| 25. | Tata Retirement Savings Fund-Conservative PlanTata Mutual Fund | ₹38.2078 | — | — | — | — | — | 1.05 | 165 | Moderately High Risk |
| 26. | Tata Retirement Savings Fund-Moderate PlanTata Mutual Fund | ₹78.8723 | — | — | — | — | — | 0.83 | 2,115 | Very High Risk |
| 27. | Tata Retirement Savings Fund-Progressive PlanTata Mutual Fund | ₹81.1626 | — | — | — | — | — | 0.82 | 2,104 | Very High Risk |
| 28. | Union Retirement FundUnion Mutual Fund | ₹16.7500 | — | — | — | — | — | 1.39 | 207 | Very High Risk |
| 29. | UTI Retirement FundUTI Mutual Fund | ₹53.8849 | — | — | — | — | — | — | — | — |
| Median: 29 schemes | — | — | — | — | — | — | 1.12 | 259 | — |
Detailed comparison with another fund About Retirement Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- The Fund seeks to provide investors regular income under the Dividend Plan and capital appreciation under the Growth Plan.
- Fund managers
- Ajay Argal, Pallab Roy, Anuj Tagra, Rajasa Kakulavarapu
- Fund house
- Franklin Templeton Mutual Fund
- Category
- Retirement Funds · Solution oriented
- Plan / option
- Direct · IDCW (income distribution)
- AMFI scheme code
- 118549
- ISIN
- INF090I01KA4, INF090I01KB2
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Retirement Funds
Retirement Funds are designed for retirement saving, with a lock-in of 5 years or until retirement age, whichever is earlier.
Generally used by long-term retirement saving.
Other plans of this scheme
Tax on your gains
Likely tax treatment: Equity-oriented fund
- Held 12 months or less: short-term gain taxed at 20%.
- Held over 12 months: long-term gain taxed at 12.5% on gains above ₹1.25 lakh a year (the ₹1.25 lakh exemption covers all your equity funds and shares together).
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
This scheme has a lock-in of 0 years. Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Questions about this scheme
What is the NAV of Franklin India Retirement Fund today?
What returns has Franklin India Retirement Fund given?
What is the expense ratio of Franklin India Retirement Fund?
How risky is this fund?
What is the difference between Direct and Regular plans?
What are Retirement Funds?
How are gains from Franklin India Retirement Fund taxed?
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