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Franklin India Equity Hybrid Fund (erstwhile Franklin India Balanced Fund)##

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 31/07/2018
14.09%
Minimum Investment/Multiples for Fresh Purchase (INR)

5000/1

Additional Investment/Multiples thereof (INR)

1000/1

Over 50,000 Unique Investors (As of 30/09/2018)
Why should you invest in Franklin India Equity Hybrid Fund (erstwhile Franklin India Balanced Fund)?
  • As the name suggests, this fund invests in both Equities (65-80% of its assets) and Fixed Income Instruments (20-35% of its assets)
  • As an investor it helps you strike an equilibrium between growth and stability
  • It maintains a diversified portfolio of equities to achieve growth combined with a fixed income component to act as a cushion to the inherent volatility in equities
What are the “Tax Benefits” of investing in this fund?

 

  • Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months^
  • Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months
  • Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) ^^

^ Capital gain accrued up to January 31st 2018 is exempt form LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018.

^^ 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”

Alternative To
  • Multi Asset Investments

Suitable For
  • Retirement Corpus

  • Long Term Wealth Creation

  • Education Corpus

Fund Video

Equity hybrid funds are the ones that have a higher percentage of equity component in their debt and equity mix. Franklin India Equity Hybrid Fund, earlier known as Franklin India Balanced Fund invests in a portfolio of equity and fixed income securities.. They are best suited for those who have an investment tenure of 5 years or more. To know more about Franklin India Equity Hybrid Fund, watch the below video.

Fund Information

  • Inception 10/12/1999
  • Entry Load Nil
  • Exit Load In respect of each purchase of units - 1% if the units are redeemed/switched-out within one year of allotment
  • NAV in INR as on 14/11/2018
  • Growth 112.96
  • Dividend 20.95
  • Direct-Growth 120.41
  • Direct-Dividend 22.66
  • Additional Fund Information as on 30/04/2018
  • Fund Size in INR (CR) 2086.99
  • Weighted Average Maturity 5.37 Years
  • Modified Duration [3] 3.76 Years
  • Yield to Maturity [2] 8.93%
  • Expense Ratio [#] 2.39
  • Expense Ratio (Direct) [#] 1.08
  • Benchmark(s) CRISIL Hybrid 35+65 - Aggressive Index
    Nifty 50
  • Fund Manager Lakshmikanth Reddy, Sachin Shankar Padwal Desai, Umesh Sharma & Srikesh Karunakaran Nair
Product Label
This product is suitable for Investors who are seeking*:
  • Long term capital appreciation with current income
  • A fund that invests both in stocks and fixed income instruments
”Moderately

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

## Effective June 4, 2018.

[#] 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.