NFO-Franklin India Fixed Maturity Plans – Series 3 – Plan B (1139 days)
Annualised Returns As of 28/02/2021
Minimum Investment/Multiples for Fresh Purchase (INR)
5000/-
Additional Investment/Multiples thereof (INR)
5000/-
Over 150 Unique Investors (As of 31/03/2021)
Why should you invest in Franklin India Fixed Maturity Plans - Series 3 - Plan B (1132 days)?
- Investor get the opportunity to lock in their investments at prevailing yields
- It aims to minimize interest rate volatility in the portfolio and generate optimum return by keeping credit risk low and investing primarily in higher quality debt instruments
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
- Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @ 7.5%^ for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.
- 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 or @ 20% (plus surcharge, if applicable and cess) with indexation relating to units redeemed from listed schemes.
^ In accordance with the Central Board of Direct Taxes press release dated May 13, 2020, the mutual fund shall deduct TDS at the rate of 7.50% for resident investor w.e.f. May 14, 2020 till March 31, 2021 (earlier 10% from April 1, 2020 to May 13, 2020).
What is the “Ideal Investment Horizon” while investing in this fund?
Upto maturity date of the fund
Alternative To
-
Medium Term Deposit
Suitable For
-
Reasonable Capital appreciation
Fund Video
Fund Information
- Inception 05/03/2018
- Entry Load -
- Exit Load -
- NAV in INR as on 16/04/2021
- Direct-Growth 12.5758
- Direct-Growth 12.6388
- Direct-IDCW 10.0996
- Direct-IDCW 10.0951
- Additional Fund Information as on 31/03/2021
- Fund Size in INR (CR) 77.93
- Weighted Average Maturity 0.03 Years
- Modified Duration [3] 0.03 Years
- Yield to Maturity [2] 3.43%
- Expense Ratio [#] 0.05
- Expense Ratio (Direct) [#] 0.05
Product Label
This product is suitable for Investors who are seeking*:
- Income over the term of the plan
- A fund that invests in Debt/Money Market Instruments
*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.
[##]IDCW - Income Distribution cum Capital Withdrawal
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.
** The information given here is neither a complete disclosure of every material fact of Income-tax Act 1961 nor does it constitute tax or legal advice. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.