Franklin India Low Duration Fund
As on April 30, 2025
Franklin India Low Duration Fund
As on April 30, 2025
TYPE OF SCHEME

An open ended Low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months.
SCHEME CATEGORY

Low Duration Fund
SCHEME CHARACTERISTICS

Investment in Portfolio of low duration debt & money market securities.
INVESTMENT OBJECTIVE

The objective of the scheme is to generate income by investing in debt and money market instruments, with Macaulay duration of the portfolio between 6 to 12 months.
DATE OF ALLOTMENT:

March 6, 2025
FUND MANAGER(S):

Chandni Gupta, Rahan Maru & Rahul Goswami
BENCHMARK:

NIFTY Low Duration Debt Index A-I
MATURITY & YIELD

RESIDUAL MATURITY / AVERAGE MATURITY 1.71 Years
ANNUALISED PORTFOLIO YTM# 6.90%***
MODIFIED DURATION 0.94 Years
MACAULAY DURATION1.00 Years
#Yields of all securities are in annualised terms
EXPENSE RATIO#: 0.87%
EXPENSE RATIO# (DIRECT) : 0.26%
# The above ratio includes the GST on Investment Management Fees. The rates specified are the actual expenses charged as at the end of the month. The above ratio also includes, proportionate charge in respect sales beyond T-30 cities subject to maximum of 30 bps on daily net assets, wherever applicable.

MINIMUM INVESTMENT FOR NEW /
EXISTING INVESTORS

Rs5000/1
MINIMUM INVESTMENT FOR SIP

Rs 500/1
ADDITIONAL INVESTMENT/MULTIPLES
FOR EXISTING INVESTORS

Rs1000/1
LOAD STRUCTURE:

Entry Load : Nil
Exit Load (for each purchase of Units) :
Nil
Different plans have a different expense structure
NAV AS OF APRIL 30, 2025

Growth Plan Rs 10.1694
IDCW Plan Rs 10.1694
Direct - Growth Plan Rs 10.1788
Direct - IDCW Plan Rs10.1788

As per the addendum dated March 31, 2021, the Dividend Plan has been renamed to Income Distribution cum capital withdrawal (IDCW) Plan with effect from April 1, 2021

FUND SIZE (AUM)

Month EndRs331.04 Crores
Monthly AverageRs366.68 Crores

Company NameCompany Ratings Market Value (including accrued interest, if any) (Rs. in Lakhs)% of assets
Tata Capital Ltd* ICRA AAA 2,547.89 7.70
ICICI Home Finance Co Ltd* CARE AAA 2,539.93 7.67
HDB Financial Services Ltd* CARE AAA 2,537.84 7.67
Summit Digitel Infrastructure Ltd* CRISIL AAA 2,503.04 7.56
Sikka Ports & Terminals Ltd* CRISIL AAA 2,498.08 7.55
Poonawalla Fincorp Ltd CRISIL AAA 1,004.61 3.03
Total Corporate Debt 13,631.37 41.18
REC Ltd* CRISIL AAA 2,658.67 8.03
Small Industries Development Bank Of India* CARE AAA 2,637.18 7.97
Power Finance Corporation Ltd* CRISIL AAA 2,542.89 7.68
National Bank For Agriculture & Rural Development CRISIL AAA 1,064.07 3.21
Total PSU/PFI Bonds 8,902.82 26.89
Indian Bank* CRISIL A1+ 2,363.93 7.14
Punjab National Bank CARE A1+ 2,361.28 7.13
Total Money Market Instruments 4,725.21 14.27
GOI FRB 2034 (30-OCT-2034)* SOVEREIGN 2,539.25 7.67
7.88% Punjab SDL 01-MAR-27 SOVEREIGN 1,039.93 3.14
5.63% GOI 2026 (12-APR-2026) SOVEREIGN 999.79 3.02
Total Gilts 4,578.97 13.83
Total Debt Holdings 31,838.38 96.18
 
Total Holdings 31,838.38 96.18
Call,cash and other current asset 1,265.60 3.82
Total Asset 33,103.97 100.00

@ TREPs / Reverse Repo : 4.05%, Others (Cash/ Subscription receivable/ Redemption payable/ Receivables on sale/Payable on Purchase/ Other Receivable / Other Payable) : -0.23%



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This scheme has exposure to floating rate instruments . The duration of these instruments is linked to the interest rate reset period. The interest rate risk in a floating rate instrument or in a fixed rate instrument hedged with derivatives is likely to be lesser than that in an equivalent maturity fixed rate instrument. Under some market circumstances the volatility may be of an order greater than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.