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Franklin India Low Duration Fund

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Annualised Returns As of 31/10/2017
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 30/09/2017)
Why should you invest in this fund?
  • Franklin India Low Duration Fund aims to provide steady returns by investing in a mix of money market and short term debt instruments while maintaining a low duration
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 prevailing income tax slab rate if units are held for less than 36 months
  • Investors do 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 “3 months or more”

Alternative To
  • Short Term Deposit

Suitable For
  • Regular Income

  • 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 24/11/2017
  • Growth 19.48
  • Monthly Dividend 10.54
  • Quarterly Dividend 10.44
  • Direct-Growth 19.77
  • Direct-Monthly Dividend 10.74
  • Direct-Quarterly Dividend 10.64
  • Additional Fund Information as on 31/10/2017
  • Fund Size in INR (CR) 5237.98
  • Portfolio Turnover 103.00%
  • Weighted Average Maturity 1.65 Years
  • Modified Duration [3] 1.30 Years
  • Yield to Maturity [2] 8.66%
  • Expense Ratio [#] 0.78
  • Expense Ratio (Direct) [#] 0.41
  • Benchmark(s) Crisil Short Term Bond Fund Index Adjusted
    Crisil 1 Year T-Bill 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
  • An income fund focusing on low duration 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 October 2017. The above ratio includes the Service tax 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.