We present results of a photometric study into the cluster population of NGC 1566, a nearby grand design spiral galaxy, sampled out to a Galactocentric radius of ≈ 5.5 kpc. The shape of the mass-limited age distribution shows negligible variation with radial distance from the centre of the galaxy, and demonstrates three separate sections, with a steep beginning, flat middle and steep end. The luminosity function can be approximated by a power law at lower luminosities with evidence of a truncation at higher luminosity. The power law section of the luminosity function of the galaxy is best fitted by an index ≈ −2, in agreement with other studies, and is found to agree with a model luminosity function, which uses an underlying Schechter mass function. The recovered power law slope of the mass distribution shows a slight steepening as a function of galactocentric distance, but this is within error estimates. It also displays a possible truncation at the high mass end. Additionally, the cluster formation efficiency (Γ) and the specific U-band luminosity of clusters (T L (U )) are calculated for NGC 1566 and are consistent with values for similar galaxies. A difference in NGC 1566, however, is that the fairly high star formation rate is in contrast with a low Σ SF R and Γ, indicating that Γ can only be said to depend strongly on Σ SF R , not the star formation rate.