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Franklin India Ultra Short Bond Fund (Number of Segregated Portfolio 1)##

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 31/01/2020
Minimum Investment/Multiples for Fresh Purchase (INR)

Sup.Inst.- 10000/1

Additional Investment/Multiples thereof (INR)

Sup.Inst.: 1000/1

Over 65,000 Unique Investors (As of 31/12/2019)
Why should you invest in Franklin India Ultra Short Bond Fund (Number of Segregated Portfolio 1)?
  • This fund endeavors to strike an optimum balance between regular income and high liquidity
  • This balance is achieved through a judicious mix of short term debt and money market 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 “1 month or more ”

Alternative To
  • Short Term Savings Instruments

Suitable For
  • Regular Income

  • Parking of short term funds

Fund Video

Fund Information

  • Inception 18/12/2007
  • Entry Load Nil
  • Exit Load Nil
  • NAV in INR as on 17/02/2020
  • Institutional-Growth 26.3784
  • Institutional-Daily Dividend 9.6605
  • Retail-Growth 25.7450
  • Retail-Daily Dividend 9.7063
  • Retail-Weekly Dividend 9.7866
  • Super Institutional-Growth 27.2451
  • Super Institutional-Daily Dividend 9.7380
  • Super Institutional-Weekly Dividend 9.7633
  • Super institutional - Direct-Growth 27.3883
  • Super institutional - Direct-Daily Dividend 9.7210
  • Super institutional - Direct-Weekly Dividend 9.7569
  • Additional Fund Information as on 31/01/2020
  • Fund Size in INR (CR) 16098.58
  • Weighted Average Maturity 0.61 Years
  • Modified Duration [3] 0.49 Years
  • Yield to Maturity [2] 9.51%
  • Expense Ratio [#] S. Inst - 0.52%,Reg - 0.86%,Inst - 0.66%
  • Benchmark(s) Crisil 1 Year T-Bill Index
    NIFTY Ultra Short Duration Debt Index
  • Fund Manager Pallab Roy & Sachin Shankar Padwal Desai
Product Label
This product is suitable for Investors who are seeking*:
  • Regular income for short term
  • A fund that invests in short term debt and money market instruments

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

##Franklin India Ultra Short Bond Fund- Segregated Portfolio 1- 8.25% Vodafone Idea Ltd-10JUL20

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.