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Franklin India Debt Hybrid Fund (erstwhile Franklin India Monthly Income Plan)##

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 31/12/2019
Minimum Investment/Multiples for Fresh Purchase (INR)

Plan A: 10000/1

Additional Investment/Multiples thereof (INR)

Plan A: 1000/1

Over 10,000 Unique Investors (As of 31/12/2019)
Why should you invest in Franklin India Debt Hybrid Fund (erstwhile Franklin India Monthly Income Plan)?
  • This fund invests predominantly in debt instruments with a maximum exposure of 25% to equities
  • The fund manager strives to earn regular income from the fixed income market by actively managing the fund’s portfolio.
  • The marginal equity allocation seeks to enhance the funds returns by acting as a "kicker” and provides this fund an edge over conventional debt funds.
What are the “Tax Benefits” of investing in this fund?
  • Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
  • Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months
  • Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person.^^
  • In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

^^ The DDT is to be paid by the mutual fund after grossing-up income distributed to the investor.

What is the “Ideal Investment Horizon” while investing in this fund?

The recommended investment horizon is “3 years or more ”

Alternative To
  • Multi Asset Investments

Suitable For
  • Regular Income

  • Reasonable Capital appreciation

Fund Video

Debt hybrid funds are the ones that have a higher percentage of debt component in their debt and equity mix. Franklin India Debt Hybrid Fund, earlier known as Franklin India Monthly Income Plan invests predominantly in debt instruments with marginal equity exposure. They are best suited for those who have an investment tenure of 3 years or more. To know more about Franklin India Debt Hybrid Fund, watch the below video.

Fund Information

  • Inception 28/09/2000
  • Entry Load Nil
  • Exit Load Upto 10% of the Units may be redeemed without any exit load within 1 year from the date of allotment.
    Any redemption in excess of the above limit shall be subject to the following exit load:
    1% - if redeemed on or before 1 year from the date of allotment
    Nil - if redeemed after 1 year from the date of allotment
  • NAV in INR as on 22/01/2020
  • Growth 59.2366
  • Monthly Dividend 13.4023
  • Quarterly Dividend 12.8107
  • Direct-Growth 62.4153
  • Direct-Monthly Dividend 14.3156
  • Direct-Quarterly Dividend 13.6916
  • Additional Fund Information as on 31/12/2019
  • Fund Size in INR (CR) 303.63
  • Weighted Average Maturity 3.66 Years
  • Modified Duration [3] 2.74 Years
  • Yield to Maturity [2] 8.16%
  • Expense Ratio [#] 2.26
  • Expense Ratio (Direct) [#] 1.40
  • Benchmark(s) Crisil MIP Blended Fund Index
    Crisil 10 Year Gilt Index
  • Fund Manager Sachin Shankar Padwal Desai, Umesh Sharma, Pyari Menon, Lakshmikanth Reddy & Krishna Prasad Natarajan
Product Label
This product is suitable for Investors who are seeking*:
  • Medium term capital appreciation with current income
  • A fund that invests predominantly in debt instruments with marginal equity exposure

*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.

All investments in debt funds are subject to various types of risks including credit risk, interest rate risk, liquidity risk etc. Some fixed income schemes may have a higher concentration to securities rated below AA and therefore may be exposed to relatively higher risk of downgrade or default and the associated volatility in prices which could impact NAV of the scheme. Credit rating issued by SEBI registered entities is an opinion of the rating agency and should not be considered as an assurance of repayment by issuer. There is no assurance or guarantee of principal or returns in any of the mutual fund scheme.

## Effective June 4, 2018.

[#] The rates specified are the actual expenses charged as at the end of the month. The above ratio includes the GST on Investment management fees. The above expense also includes proportionate charge in respect sales of beyond T-30 cities subject to maximum of 30 bps on daily net assets wherever applicable.

[2] Pre fund expenses.

[3] Modified duration of floating rate securities is calculated based on the next reset date.