India

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Templeton India Low Duration Fund

Product Label

This product is suitable for Investors who are seeking*:

  • Regular income for short term.
  • An income fund focusing on low duration securities.
  • Low Risk** Low risk(BLUE)

Scheme Objectives

 

Is an open-end income scheme having an objective to earn regular income for investors through investment primarily in highly rated debt securities.

Key Features

  • An open ended income fund that aims to provide steady returns by investing in a mix of money market and short term debt instruments.
  • The fund aims to keep the duration of the portfolio low to reduce the interest rate sensitivity of the portfolio
  • The fund is positioned between a liquid fund and an short term fund in terms of risk reward
  • The fund is ideal for investors having a low to moderate risk profile with an investment horizon of at least 3 months
  • This fund is also suitable for investors who prefer accrual based debt products that invests in highly rated debt securities

Fund Manager

Kunal Agrawal  
Mumbai, India
Santosh Kamath  
Mumbai, India

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
**Note: Risk may be represented as:

(BLUE) Investors understand that their principal will be at low risk
(YELLOW) Investors understand that their principal will be at medium risk
(BROWN) Investors understand that their principal will be at high risk
Change Funds
All

Fund Information

Fund SizeRs.1806.9Cr.

As of 31/03/2014

Inception DateJuly 26, 2010

Plans and OptionsNOPLANGrowth,Monthly Dividend,Quarterly Dividend


Min. Investment (New)

Monthly Dividend,Quarterly DividendRs.25000

GrowthRs.10,000


Load Structure


Entry Load-

Exit Load0.50% (< 3 mths)

As of 22/04/2014

NAV

GrowthRs.14.0255

Monthly DividendRs.10.4247

Quarterly DividendRs.10.3720

Direct-GrowthRs.14.0766

Direct-Monthly DividendRs.10.4662

Direct-Quarterly DividendRs.10.4137

As of 31/03/2014

Other Information

Total Expense Ratio10.77%


Portfolio Statistics


Weighted Average Maturity0.32

Yield to Maturity29.88%

Average Duration30.29


┬╣Includes service tax on Investment Management fees.

┬▓ Pre fund expenses.

┬│Modified duration of floating rate securities is calculated based on the next reset date.