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Franklin India Life Stage Fund Of Funds - 50's Plus Floating Rate Plan

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

Additional Investment/Multiples thereof (INR)

Over 650 Unique Investors (As of 31/03/2018)
Why should you invest in this fund?
  • Franklin India Life Stage Fund of Funds- 50s Plus Floating Rate Plan is a “fund of funds” scheme offering life stage based solutions under different plans with varying asset allocation as per age-groups
  • As the name suggests , the fund is suitable for investors within the age group of 50-60 years
  • The fund invests in a mix of equity and fixed income funds of Franklin Templeton as per stated asset allocation
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 “5 years or more”

Suitable For
  • Retirement Corpus

Fund Video

Fund Information

  • Inception -
  • Entry Load Nil
  • Exit Load In respect of each purchase of units - 1% if redeemed within 1 year of allotment
  • Additional Fund Information
Product Label
This product is suitable for Investors who are seeking*:
  • Long term capital appreciation
  • A fund of funds investing in equity and debt mutual funds
”Moderately

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