Franklin India Taxshield (FIT)
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- Common Application Form
- Monthly Fund Facts (PDF)
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 Key Facts
 Fund Type  Equity Linked Savings Scheme
 Inception Date April 1999
 Fund Manager  Anand Radhakrishnan
 Options

Growth and Dividend

FIT, an open end equity linked savings scheme, is an investment which not only helps you save on taxes but also has the potential to give you attractive returns with convenience and flexibility

 

Launched in April 1999, the fund has given good returns as can be seen below:

 

Performance Snapshot

Last 6 Months Last 1 Year Last 3 Years* Last 5 Years* Since Inception*
FIT (G) 60.64% 14.99% 13.88% 24.74% 30.22%
FIT (D) 60.64% 14.99% 13.88% 24.74% 30.22%
S&P CNX 500 70.39% 8.89% 13.66% 22.71% 17.81%

Past performance may or may not be sustained in the future.
* Compounded and annualised. As on July 31, 2009.


Highlights

  • Options for maximising your post-tax returns - Growth & Dividend (payout and reinvestment)

  • Investments upto Rs.1 lakh will qualify for tax benefit under Sec 80C as amended by the Finance Act 2007

Fund Information

Net Asset Value Calculated and disclosed on all business days

Minimum Investments :

 

New Investments
Additional Investments
Rs. 500
Rs. 500

Load

Amount (Rs.) Entry Load Exit Load

Any Amount

Nil

0.00%

Systematic Investment Plan Minimum Amount Rs. 500 per month for 12months, Rs. 1000 per month for 6 months
Systematic Withdrawal Plan NA
Tax Benefits Indexation benefits
Units are not liable to Wealth Tax and Gift Tax.
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