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Franklin India Income Builder Account

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

Plan A: 10000/1

Additional Investment/Multiples thereof (INR)

Plan A: 1000/1

Over 9,500 Unique Investors (As of 30/09/2017)
Why should you invest in this fund?
  • Franklin India Income Builder Account is positioned in the long term bond fund category
  • The fund strives to deliver superior risk adjusted returns by actively managing a portfolio of high quality fixed income securities
  • It focuses its investments in high quality fixed income instruments across segments with a focus on corporate & PSU bonds
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 “1 year or more”

Alternative To
  • Short Term Deposit

Suitable For
  • Regular Income

  • Reasonable Capital appreciation

Fund Video

Fund Information

  • Inception 23/06/1997
  • Entry Load Nil
  • Exit Load 0.50% if redeemed within one year of allotment
  • NAV in INR as on 17/11/2017
  • Direct-Growth 62.11
  • Direct-Annual Dividend 19.00
  • Direct-Half Yearly Dividend 14.91
  • Direct-Monthly Dividend 16.83
  • Direct-Quarterly Dividend 14.31
  • Plan A-Growth 59.83
  • Plan A-Annual Dividend 18.13
  • Plan A-Half Yearly Dividend 13.99
  • Plan A-Monthly Dividend 16.07
  • Plan A-Quarterly Dividend 13.65
  • Additional Fund Information as on 30/09/2017
  • Portfolio Turnover 127.59%
  • Weighted Average Maturity 2.23 Years
  • Modified Duration [3] 2.05 Years
  • Yield to Maturity [2] 8.73%
  • Expense Ratio [#] 2.11%
  • Expense Ratio (Direct) [#] 1.44%
  • Benchmark(s) Crisil Composite 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 long bond fund – focuses on Corporate/PSU Bonds
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.