Inductance measurement is very useful in determining if a transformer has a shorted turn,which is amost impossible to determine with a resistance measurement.
Of course,you normally have to have a good unit to measure beforehand,so you can take a note of the value of Inductance
(& "Q" if the meter shows this) .
You can then determine the condition of any transformers of that type,(& with experience,of similar types).
I would agree,though,that the more standard facilities of a DMM are of greater importance than an Inductance range.
There are many circuits available for add on Inductance (& Capacitance) testers to use with a standard DMM.
I have a Capacitance measuring adaptor for my Fluke 77 which is more useful than the built in Capacitance range of a fairly recent Fluke at my most recent job.
The built in C & L ranges are usually very limited,compared to an adaptor,although they may be more accurate within those ranges.
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