Franklin India Retirement Fund - Direct - Growth
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*Past performance does not guarantee future returns. Returns are historical and subject to market risk.
Trailing returns (CAGR)
| 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| -0.61% | +1.56% | -0.43% | -2.34% | +1.50% | +10.14% | +8.50% | +8.56% |
🎯 OnePaisa Verdict
Breakdown
- Returns3/10
- Consistency6/10
- Risk1/10
- Cost1/10
- Size6/10
- 5★ Morningstar rating
💡 Ratings are not guarantees. Past performance does not predict future results.
SIP Returns
Simulated ₹10,000/month systematic investment plan, computed from NAV history.
1 Year SIP
-1.50%
₹1.19 L value on ₹1.20 L invested
3 Year SIP
—
Not enough NAV history yet.
5 Year SIP
—
Not enough NAV history yet.
vs Category (Retirement / Children)
This fund (1Y)
+1.50%
Rank #1 of 1
Category average (1Y)
+1.50%
Quartile Q4
Beats 0% of retirement / children funds on 1Y return.
Risk Analysis
- Std Deviation (1Y)5.23%Low
- Max Drawdown (1Y)-5.88%Moderate
- Sharpe Ratio (1Y)-0.96Poor
- Sortino Ratio (1Y)-0.95Poor
💡 Higher Sharpe = better risk-adjusted returns. Above 1.0 is good, above 2.0 is excellent. Drawdown is the worst peak-to-trough decline.
Calendar Year Returns
💰 What This Fund Costs You
Expense ratio: 1.59%
That is ₹1,590 per year on every ₹1 lakh invested.
10-year impact on ₹1 lakh (assuming 12% gross return)
Without this expense, ₹1 lakh would have grown to ₹3.11 L.
🎯 Is This Fund Right For You?
- Ideal horizon
- 5+ years
- Minimum: 5 years (lock-in)
- Risk profile
- Moderate to High
- SIP recommended
- ✅ Yes
- Monthly
Retirement and children’s funds with 5-year lock-in. Usually multi-asset or hybrid strategy.
Suitable goals
- Retirement planning
- Children’s education / marriage
Suitable for
- Those with specific long-term goals and willingness to lock money for 5 years
Not suitable for
- Those who need liquidity
- Short-term investors
🧾 Taxation
This is an Hybrid Fund (equity-taxed).
- Short-term (Less than 1 year)
- 20%
- Long-term (1 year or more)
- 12.5%
- LTCG exemption
- ₹1.25 lakh per financial year
- TDS
- No TDS for resident Indians
💡 Worked example
Invest ₹1,00,000 and gain ₹25,000 over 2 years:
- Tax type: LTCG (12.5% LTCG)
- Taxable gain: ₹0
- Tax owed: ₹0 (within exemption)
- You keep: ₹1,25,000
Aggressive Hybrid and Balanced Advantage funds with >65% equity allocation — taxed identically to equity funds.
🚨 Things to Watch
Above-average expense ratio
At 1.59%, this fund is costlier than most peers. Over 10 years, that costs about ₹2,385 extra per ₹1 lakh.
Bottom quartile performer
Ranked #1 of 1 in its category (bottom 25%). Most peers are doing better.
Poor risk-adjusted returns
Sharpe ratio of -0.96 means you’re not being adequately compensated for the risk taken.
📊 SIP Calculator — Franklin India Retirement Fund - Direct
Estimated corpus
₹3.75 L
- Total invested
- ₹3.00 L
- Estimated gain
- ₹74,849 (+25%)
How it stacks up vs alternatives
- Fixed Deposit (7%)₹3.60 L
- Category average (10.1%)₹3.92 L
- This fund (8.50%)₹3.75 L
⚠️ Projection based on past CAGR. Actual returns may vary. Markets are subject to risk; past performance is not a guarantee of future results.
▶Show Advanced Analysis
📈 Risk vs Return
Return 1.5% · Risk (std dev) 5.2%
Safe but slow
Stable but modest returns — suits capital preservation.
Sharpe ratio of -0.96 confirms poor risk-adjusted returns.
🛡️ Downside Protection
If the broader market falls 20%, this fund is expected to fall about 7.8%.
Based on 1Y max drawdown of -5.9% versus a typical market correction of ~-15%. Historical fall ratio ≈ 0.39× market. Above-average protection.
⚠️ Estimate, not a guarantee. Actual market falls vary.
💸 Expense Impact (₹10K/month for 20 years at 12% gross)
- This fund — Direct (1.59%)₹80.80 L
- Index fund (0.10%)₹98.57 L
- Regular plan (~1.50%)₹81.76 L
Choosing this Direct plan over a Regular plan saves about ₹-96,334. Index fund would still beat it by ₹17.77 L thanks to its lower expense ratio.
Fund information
- Scheme category
- Solution Oriented Scheme - Retirement Fund
- Inception
- 2013-01-01
- Lock-in
- None
- Exit load
- 0 - 3 Years : 3.0 %
- Plan
- Direct
- Option
- Growth
Data freshness
- NAV as of: 2026-10-23
- Metrics calculated: 2026-10-24
- Source: mfapi.in, AMFI India
NAV trend
See how a SIP grows in this fund
Use the SIP Calculator with this fund's historical CAGR to project a monthly investment.