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Franklin India Pension Plan

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Annualised Returns As of 31/08/2017
12.85%
Minimum Investment/Multiples for Fresh Purchase (INR)

500/1

Additional Investment/Multiples thereof (INR)

500/1

Over 20,000 Unique Investors (As of 30/06/2017)
Why should you invest in this fund?
  • Franklin India Pension Plan is a Government notified pension plan offering tax benefits under section 80C upto an investment of Rs.1.5 lakh (subject to a lock-in period of 3 financial years) with a target amount of Rs.10,000/- or above by the time the investor reaches the age of 60 years.
  • The fund can invest upto 40% in equities and the balance in fixed income with an aim to help investors build a retirement corpus and earn a steady income post retirement using convenient withdrawal options.
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)
  • Total investments upto Rs.1.5 lakh will qualify for tax benefits under section 80C subject to a lock-in period of 3 financial years
What is the “Ideal Investment Horizon” while investing in this fund?

The recommended investment horizon is “5 years or more”

Alternative To
  • Retirement Plan

Suitable For
  • Retirement Corpus

  • Tax Saving

Fund Video

Fund Information

  • Inception 31/03/1997
  • Entry Load Nil
  • Exit Load 3% if redeemed before the age of 58 years (subject to lock-in period) and target amount. Nil, if redeemed after the age of 58 years
  • NAV in INR as on 20/09/2017
  • Growth 119.51
  • Dividend 19.10
  • Direct-Growth 123.40
  • Direct-Dividend 19.77
  • Additional Fund Information as on 31/07/2017
  • Fund Size in INR (CR) 421.75
  • Weighted Average Maturity 2.03 Years
  • Modified Duration [3] 1.47 Years
  • Yield to Maturity [2] 7.11%
  • Expense Ratio [#] 2.5%
  • Expense Ratio (Direct) [#] 1.74%
  • Benchmark(s) Crisil 10 Year Gilt Index
    40% S&P CNX 500 + 60% Crisil Composite Bond Fund Index
  • Fund Manager Lakshmikanth Reddy, Sachin Shankar Padwal Desai & Umesh Sharma
Product Label
This product is suitable for Investors who are seeking*:
  • Long term capital appreciation
  • A hybrid fund investing upto 40% in equities and the balance in high quality fixed income instruments
”Moderately

*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 August 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.