TYPE OF SCHEME

An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)
SCHEME CATEGORY

Retirement Fund
SCHEME CHARACTERISTICS

Lock-in of 5 years or till retirement age,whichever is earlier
INVESTMENT OBJECTIVE

The Fund seeks to provide investors regular income under the Dividend Plan and capital appreciation under the Growth Plan.
DATE OF ALLOTMENT:

March 31, 1997
FUND MANAGER(S):

Anuj Tagra (w.e.f. April 30, 2024) (Debt)
Pallab Roy (w.e.f. March 07, 2024)
Rajasa Kakulavarapu (Equity)
Ajay Argal (w.e.f. October 4, 2024)
BENCHMARK:

CRISIL Short Term Debt Hybrid 60+40 Index (The Benchmark has been changed from 40% Nifty 500+ 60% Crisil Composite Bond Index to CRISIL Short Term Debt Hybrid 60+40 Index w.e.f 12th August, 2024.)

MATURITY & YIELD$
RESIDUAL MATURITY / AVERAGE MATURITY	3.79 years
ANNUALISED PORTFOLIO YTM#	7.55%
MODIFIED DURATION	2.38 years
MACAULAY DURATION	2.54 years
#Yields of all securities are in annualised terms $ Calculated based on debt holdings in the portfolio

BASE EXPENSE RATIO^#: 1.85%
BASE EXPENSE RATIO^# (DIRECT) : 1.24%
#Base Expense Ratio (BER) is the actual expense ratio charged as per the AUM slabs and within the BER limits prescribed in Regulation 66 of SEBI MF regulations. BER excludes brokerage and transaction costs incurred towards execution of trades and the applicable statutory levies as on that date. Brokerage and transaction costs incurred towards execution of trades and statutory levies are charged, at actuals, and is over and above the BER.
For Total Expense Ratio (TER) and break up of TER i.e., BER, brokerage and transaction costs and statutory levies, please refer to daily TER disclosures on our website www.franklintempletonindia.com. For detailed understanding of TER, please refer to the TER note on our website.

MINIMUM INVESTMENT/
MULTIPLES FOR NEW INVESTORS:

Rs 500/1
MINIMUM INVESTMENT FOR SIP

₹ 500/1
ADDITIONAL INVESTMENT/
MULTIPLES FOR EXISTING INVESTORS:

Rs500/1
LOAD STRUCTURE:

Entry Load	:	Nil
Exit Load (for each purchase of Units)	:	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
Different plans have a different expense structure Retirement age : 60 years
TAX BENEFITS
Investments will qualify for tax benefit under the Section 80C as per the income tax act
LOCK-IN PERIOD & MINIMUM TARGET INVESTMENT
For investment (including registered SIPs and incoming STPs) made on or before June 1, 2018: Three (3) full financial years For investments (including SIPs & STPs registered) made on or after June 4, 2018: 5 years or till retirement age (whichever is earlier) Minimum target investment Rs 10,000 before the age of 60 years.