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Franklin India Income Opportunities Fund

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Annualised Returns As of 31/10/2017
Minimum Investment/Multiples for Fresh Purchase (INR)

5000/1

Additional Investment/Multiples thereof (INR)

1000/1

Over 15,000 Unique Investors (As of 30/09/2017)
Why should you invest in this fund?
  • The fund strives to generate higher interest income with relatively lower interest rate risks
  • It primarily invests in corporate and securitized debt paper
  • Franklin India Income Opportunities Fund has the flexibility to take high exposure to a particular security class based on macro/micro analysis
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 @28.84% (25% + 12% surcharge + 3% education cess)
What is the “Ideal Investment Horizon” while investing in this fund?

The recommended investment horizon is “2 years or more”

Alternative To
  • Long Term Deposit

Suitable For
  • Regular Income

  • Reasonable Capital appreciation

  • Diversification from equities

Fund Video

Fund Information

  • Inception 11/12/2009
  • Entry Load Nil
  • Exit Load Upto 10% of the Units may be redeemed without any exit load in each year from the date of allotment.
    Any redemption in excess of the above limit shall be subject to the following exit load:
    3% - if redeemed on or before 12 months from the date of allotment
    2% - if redeemed after 12 months but within 18 months from the date of allotment
    1% - if redeemed after 18 months but within 24 months from the date of allotment
    Nil - if redeemed after 24 months from the date of allotment
  • NAV in INR as on 08/12/2017
  • Growth 20.22
  • Dividend 11.23
  • Direct-Growth 21.02
  • Direct-Dividend 11.71
  • Additional Fund Information as on 31/10/2017
  • Fund Size in INR (CR) 3275.21
  • Weighted Average Maturity 2.23 Years
  • Modified Duration [3] 1.74 Years
  • Yield to Maturity [2] 9.63%
  • Expense Ratio [#] 1.7
  • Expense Ratio (Direct) [#] 0.99
  • Benchmark(s) Crisil Short Term Bond Fund Index
    Crisil 10 Year Gilt Index
  • Fund Manager Santosh Kamath & Sumit Gupta
Product Label
This product is suitable for Investors who are seeking*:
  • Medium term capital appreciation with current income
  • A fund that invests across the yield curve - focusing on high accrual securities
Moderate

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

[#] The rates specified are the actual average charged for the month of November 2017. The above ratio includes GST on Investment management fees. The above expense also includes proportionate charge in respect sales of beyond T-15 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.