Franklin India Short Term Fund vs ICICI Prudential Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Franklin India Short Term Fund and ICICI Prudential Short Term Fund are both Short Duration funds. Franklin India Short Term Fund charges 0.34% a year and ICICI Prudential Short Term Fund 0.45% (Direct plans). Their portfolios overlap 0.1%: they hold 1 of the same security.
Franklin India Short Term Fund
Short Duration
- Expense ratio
- 0.34%
- NAV
- ₹10.06
ICICI Prudential Short Term Fund
Short Duration
- Expense ratio
- 0.45%
- NAV
- ₹70.57
Which is better, Franklin India Short Term or ICICI Prudential Short Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Franklin India Short Term costs less: 0.34% a year against 0.45% (Direct plans).
- Franklin India Short Term fell less in its worst fall since 12-08-2026: −0.2% against −0.6%.
- ICICI Prudential Short Term is the larger fund: ₹18,890 Cr against ₹231 Cr.
- Their portfolios overlap 0.1%: 1 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Franklin India Short Term Fund | ICICI Prudential Short Term Fund |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Short Duration | Short Duration |
| AUM | ₹231 Cr (30-09-2026) | ₹18,890 Cr (30-09-2026) |
| NAV | ₹10.06 (Direct) | ₹70.57 (Direct) |
| Expense ratio (Direct) | 0.34% | 0.45% |
| Expense ratio (Regular) | 0.96% | 1.05% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
Franklin India Short Term vs ICICI Prudential Short Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Franklin India Short Term Fund (Direct) | +0.02% | -- | -- | -- | -- | -- | -- |
| ICICI Prudential Short Term Fund (Direct) | −0.28% | +0.18% | +2.45% | +4.92% | +7.48% | +6.99% | +7.63% |
| Short Duration average | −0.14% | +0.30% | +2.50% | +4.11% | +6.88% | +6.62% | +6.89% |
Category average: the average of the 25 Short Duration funds, same plan type.
Franklin India Short Term vs ICICI Prudential Short Term: Year-wise Returns
| Year | Franklin IndiaFranklin India Short Term | ICICI PrudentialICICI Prudential Short Term |
|---|---|---|
| 2026to date | -- | +3.84% |
| 2025 | -- | +8.61% |
| 2024 | -- | +8.45% |
| 2023 | -- | +8.10% |
| 2022 | -- | +5.44% |
| 2021 | -- | +4.67% |
Franklin India Short Term vs ICICI Prudential Short Term: Rolling Returns
Every holding period of both funds
Franklin India Short Term vs ICICI Prudential Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Franklin India Short Term Fund (Direct) | ICICI Prudential Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.83% | +8.30% |
| Standard deviation | 0.68% | 1.56% |
| Sharpe ratio | -3.57 | 1.44 |
| Sortino ratio | -4.00 | 2.16 |
| Maximum drawdown | −0.2% (22-10-2026) | −3.4% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 12-08-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Franklin India Short Term Fund (Direct)
ICICI Prudential Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Franklin India Short Term Fund (Direct) | −0.2% | 09-10-2026 | 22-10-2026 | Not yet | -- | −0.1% |
| ICICI Prudential Short Term Fund (Direct) | −0.6% | 09-09-2026 | 23-10-2026 | Not yet | -- | −0.5% |
From daily values since 12-08-2026, the first day every fund has.
Franklin India Short Term vs ICICI Prudential Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin India Short Term Fund, September 2026; ICICI Prudential Short Term Fund, September 2026
Holdings in common
- Overlap
- 0.1%
- Held by both
- 1
- Only in Franklin India Short Term
- 8
- Only in ICICI Prudential Short Term
- 154
| Security | % of Franklin India Short Term | % of ICICI Prudential Short Term |
|---|---|---|
| 6.95% REC Ltd (18-Feb-2028) | 11.19% | 0.13% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.1% means 0.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Franklin India Short Term Fund
| Security | % of fund |
|---|---|
| 8.65% Bharti Telecom Ltd (05-Nov-2027) | 11.73% |
| 7.80% LIC Housing Finance LTD (22-Dec-2027) | 11.48% |
| 8.85% Power Finance Corporation Ltd (25-May-2029) | 11.44% |
| 7.58% Poonawalla Fincorp Ltd (08-Sep-2028) | 10.86% |
| 7.70% National Bank For Agriculture & Rural Development (30-Sep-2027) | 10.84% |
Largest holdings only in ICICI Prudential Short Term Fund
| Security | % of fund |
|---|---|
| NABARD | 4.98% |
| LIC Housing Finance Ltd. | 3.96% |
| Vedanta Ltd. | 3.12% |
| Shivshakti Securitisation Trust | 3.03% |
| NABARD | 2.82% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin India Short Term | ICICI Prudential Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 92.3% | 96.2% |
| Cash and others | 7.7% | 3.8% |
Franklin India Short Term vs ICICI Prudential Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin India Short Term Fund | ICICI Prudential Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.34% | 0.45% |
| Base expense ratio (Direct) | 0.26% | 0.38% |
| Total expense ratio (Regular) | 0.96% | 1.05% |
| Base expense ratio (Regular) | 0.80% | 0.89% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Franklin India Short Term with
Franklin India Short Term Fund vs ICICI Prudential Short Term Fund: Frequently Asked Questions
What is the difference between Franklin India Short Term Fund and ICICI Prudential Short Term Fund?
Both are Short Duration funds, run by Franklin Templeton Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 0.1%. Franklin India Short Term Fund charges 0.34% a year and ICICI Prudential Short Term Fund 0.45%.
Which has the lower expense ratio, Franklin India Short Term Fund or ICICI Prudential Short Term Fund?
Franklin India Short Term Fund charges less: 0.34% a year against 0.45%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Franklin India Short Term Fund and ICICI Prudential Short Term Fund overlap?
0.1%. They hold 1 of the same securities, the largest shared ones being 6.95% REC Ltd (18-Feb-2028). From each fund's latest monthly portfolio.
Can I invest in both Franklin India Short Term Fund and ICICI Prudential Short Term Fund?
Yes. 0.1% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.