Annualised Returns As of 31/01/2020
Minimum Investment/Multiples for Fresh Purchase (INR)
10000/1 (G); 25000/1 (Monthly & Quartertly Div. Plan)
Additional Investment/Multiples thereof (INR)
1000/1 (G); 5000/1 (Monthly & Quartertly Div. Pla
Over 20,000 Unique Investors (As of 31/12/2019)
Why should you invest in Franklin India Low Duration Fund (Number of Segregated Portfolios 2)?
- This fund focuses on the lower end of the yield curve
- The fund primarily invests in corporate bonds and other fixed income 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
- 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 months or more”
Alternative To
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Short Term Savings Instruments
Suitable For
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Regular Income
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Parking of short term funds
Fund Video
Fund Information
- Inception 07/02/2000
- Entry Load Nil
- Exit Load In respect of each purchase of units - 0.50% if the units are redeemed/switched-out within 3 months of allotment
- NAV in INR as on 27/03/2020
- Growth 20.5428
- Monthly Dividend 9.4723
- Quarterly Dividend 9.3031
- Direct-Growth 21.0254
- Direct-Monthly Dividend 9.7715
- Direct-Quarterly Dividend 9.6023
- Additional Fund Information as on 31/01/2020
- Fund Size in INR (CR) 4079.01
- Weighted Average Maturity 1.20 Years
- Modified Duration [3] 0.92 Years
- Yield to Maturity [2] 10.31%
- Expense Ratio [#] 0.88
- Expense Ratio (Direct) [#] 0.55
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Benchmark(s)
Crisil 1 Year T-Bill Index
NIFTY Low Duration Debt Index - Fund Manager Santosh Kamath & Kunal Agrawal
Product Label
*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.
- Regular income for short term
- A fund that focuses on low duration securities
*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.
Update on ADA Group exposures collateralised by equity
## 1. Franklin India Low Duration Fund- Segregated Portfolio 1- 8.25% Vodafone Idea Ltd-10JUL20. 2. Franklin India Low Duration Fund- Segregated Portfolio 2- 10.90% Vodafone Idea Ltd 02Sep2023 (P/C 03Sep2021)
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 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.