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Franklin India Liquid Fund (erstwhile Franklin India Treasury Management Account)##

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 31/01/2019
Minimum Investment/Multiples for Fresh Purchase (INR)

Sup.Inst.- 10000/1; Weekly Div P/O: - 25 lakh / 1

Additional Investment/Multiples thereof (INR)

Sup.Inst.- 1000/1; Weekly Div P/O: - 1 lakh / 1

Over 12,500 Unique Investors (As of 31/12/2018)
Why should you invest in Franklin India Liquid Fund (erstwhile Franklin India Treasury Management Account)?
  • The fund offers current income along with high liquidity
  • It invests in a judicious mix of short term debt and money market instruments
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 “1 day or more”

Alternative To
  • Savings Account / Current Account

Suitable For
  • Parking of short term funds

Fund Video

Not all mutual fund schemes come with a long lock-in period. Liquid funds are a great investment choice for those looking to invest their money for a short duration. Franklin India Liquid Fund, earlier known as Franklin India Treasury Management Account is a diversified equity portfolio with value investment strategy. Being a liquid fund, it makes a good choice for those who are considering investing for a time duration as low as a day. Watch the below video to know more about Franklin India Liquid Fund.

Fund Information

  • Inception 29/04/1998
  • Entry Load Nil
  • Exit Load Nil
  • NAV in INR as on 22/03/2019
  • Institutional-Growth 2,828.3829
  • Institutional-Daily Dividend 1,000.6505
  • Institutional-Weekly Dividend 1,055.6533
  • Retail-Growth 4,362.4939
  • Retail-Daily Dividend 1,512.2956
  • Retail-Weekly Dividend 1,245.3795
  • Super Institutional-Growth 2,781.5676
  • Super Institutional-Daily Dividend 1,000.7051
  • Super Institutional-Weekly Dividend 1,022.0872
  • Super institutional - Direct-Growth 2,791.8742
  • Super institutional - Direct-Daily Dividend 1,001.8422
  • Super institutional - Direct-Weekly Dividend 1,022.3593
  • Additional Fund Information as on 28/02/2019
  • Fund Size in INR (CR) 11908.77
  • Weighted Average Maturity 0.09 Years
  • Modified Duration [3] 0.08 Years
  • Yield to Maturity [2] 7.42%
  • Expense Ratio [#] "Reg - 0.86%
  • Expense Ratio (Direct) [#] S. Inst - 0.12%
  • Benchmark(s) Crisil Liquid Fund Index
    Crisil 1 Year T-Bill Index
  • Fund Manager Pallab Roy & Sachin Shankar Padwal Desai
Product Label
This product is suitable for Investors who are seeking*:
  • Regular income for short term
  • A liquid fund that invests in short term and money market instruments

*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.