Franklin India Pension Plan
As on April 30, 2025
Franklin India Pension Plan
As on April 30, 2025
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 MATURITY5.11 years
ANNUALISED PORTFOLIO YTM#7.07%
MODIFIED DURATION3.68 years
MACAULAY DURATION3.88 years
#Yields of all securities are in annualised terms
$ Calculated based on debt holdings in the portfolio
EXPENSE RATIO#: 2.27%
EXPENSE RATIO# (DIRECT) : 1.55%
# 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/
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.



NAV AS OF APRIL 30, 2025

Growth Plan Rs 213.8458
IDCW Plan Rs 17.5882
Direct - Growth Plan Rs 233.9456
Direct - IDCW Plan Rs 19.3880
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 End Rs 514.92 crores
Monthly Average Rs 507.81 crores
Company NameNo. of sharesMarket Value
Rs Lakhs
% of assets
Aerospace & Defense
Bharat Electronics Ltd 70,000 219.87 0.43
Agricultural Food & Other Products
Marico Ltd 31,800 225.92 0.44
Auto Components
Tube Investments of India Ltd 8,000 231.89 0.45
Amara Raja Energy And Mobility Ltd 21,000 204.10 0.40
Automobiles
Maruti Suzuki India Ltd 3,000 367.71 0.71
Tata Motors Ltd 53,000 341.45 0.66
Banks
HDFC Bank Ltd* 1,10,000 2,117.50 4.11
ICICI Bank Ltd* 1,15,800 1,652.47 3.21
Axis Bank Ltd 75,000 888.75 1.73
State Bank of India 53,000 417.98 0.81
IndusInd Bank Ltd 12,013 100.72 0.20
Beverages
United Spirits Ltd 34,500 539.55 1.05
Cement & Cement Products
Ultratech Cement Ltd 3,900 454.00 0.88
Chemicals & Petrochemicals
Chemplast Sanmar Ltd 37,100 152.35 0.30
Commercial Services & Supplies
Teamlease Services Ltd 6,000 113.44 0.22
Construction
Larsen & Toubro Ltd 27,100 905.41 1.76
Consumer Durables
Crompton Greaves Consumer Electricals Ltd 93,000 313.69 0.61
Amber Enterprises India Ltd 3,365 207.13 0.40
Diversified Fmcg
Hindustan Unilever Ltd 11,500 269.34 0.52
Ferrous Metals
Tata Steel Ltd 1,27,000 177.90 0.35
Finance
PNB Housing Finance Ltd 22,000 222.24 0.43
Cholamandalam Investment and Finance Co Ltd 6,000 89.53 0.17
Financial Technology (Fintech)
PB Fintech Ltd 23,000 373.82 0.73
Gas
GAIL (India) Ltd 2,00,000 378.18 0.73
Healthcare Services
Apollo Hospitals Enterprise Ltd 6,000 418.62 0.81
Metropolis Healthcare Ltd 7,659 130.32 0.25
Industrial Products
Kirloskar Oil Engines Ltd 23,000 171.70 0.33
Insurance
HDFC Life Insurance Co Ltd 48,000 356.98 0.69
IT - Software
Infosys Ltd 57,000 855.06 1.66
HCL Technologies Ltd 38,000 595.65 1.16
Tech Mahindra Ltd 15,000 225.45 0.44
Intellect Design Arena Ltd 25,442 200.88 0.39
Leisure Services
Jubilant Foodworks Ltd 42,300 302.61 0.59
Sapphire Foods India Ltd 78,000 246.87 0.48
Lemon Tree Hotels Ltd 1,70,000 232.76 0.45
Oil
Oil & Natural Gas Corporation Ltd 85,000 207.78 0.40
Petroleum Products
Reliance Industries Ltd 53,000 744.65 1.45
Pharmaceuticals & Biotechnology
Sun Pharmaceutical Industries Ltd 23,000 421.43 0.82
Eris Lifesciences Ltd 23,500 336.54 0.65
Power
NTPC Ltd 1,32,000 468.01 0.91
Realty
Prestige Estates Projects Ltd 15,500 213.14 0.41
Retailing
Eternal Ltd 2,20,000 511.54 0.99
V-Mart Retail Ltd 5,518 180.23 0.35
Telecom - Services
Bharti Airtel Ltd 48,000 894.96 1.74
Indus Towers Ltd 50,000 204.10 0.40
Textiles & Apparels
Pearl Global Industries Ltd 14,673 140.73 0.27
Transport Services
Interglobe Aviation Ltd 4,500 236.23 0.46
Total Equity Holdings 19,261.18 37.41
Company Name Company Ratings Market Value (including accrued interest, if any) (Rs. in Lakhs) % of Assets
Mahindra & Mahindra Financial Services Ltd* CRISIL AAA 2,709.29 5.26
Bajaj Housing Finance Ltd* CRISIL AAA 2,550.37 4.95
Poonawalla Fincorp Ltd* CRISIL AAA 2,511.52 4.88
Bharti Telecom Ltd CRISIL AA+ 1,067.18 2.07
HDFC Bank Ltd CRISIL AAA 546.11 1.06
Kotak Mahindra Investments Ltd CRISIL AAA 545.45 1.06
Total Corporate Debt 9,929.93 19.28
Small Industries Development Bank Of India* CRISIL AAA 5,118.98 9.94
National Bank For Agriculture & Rural Development* IND AAA 4,615.18 8.96
ONGC Petro Additions Ltd* CRISIL AA 2,721.71 5.29
National Bank for Financing Infrastructure and Development* CRISIL AAA 2,515.80 4.89
REC Ltd* CRISIL AAA 1,361.99 2.65
Total PSU/PFI Bonds 16,333.67 31.72
7.10% West Bengal SDL (26-Mar-2047) SOVEREIGN 519.76 1.01
7.10% Kerala SDL (26-Mar-2043) SOVEREIGN 519.30 1.01
7.10% West Bengal SDL (26-Mar-2046) SOVEREIGN 518.85 1.01
7.10% Rajasthan SDL (26-Mar-2043) SOVEREIGN 518.50 1.01
7.10% West Bengal SDL (26-Mar-2045) SOVEREIGN 517.38 1.00
6.79% GOI 2034 (07-OCT-2034) SOVEREIGN 517.36 1.00
7.10% Himachal Pradesh SDL (26-Mar-2040) SOVEREIGN 516.48 1.00
7.08% Andhra Pradesh SDL (26-Mar-2037) SOVEREIGN 468.19 0.91
7.09% Haryana SDL (26-Mar-2040) SOVEREIGN 465.99 0.90
7.08% Haryana SDL (26-Mar-2039) SOVEREIGN 244.65 0.48
7.08% Kerala SDL (26-Mar-2040) SOVEREIGN 216.69 0.42
Total Gilts 5,023.15 9.76
Total Debt Holdings 31,286.75 60.76
 
Total Holdings 50,547.93 98.17
Call,cash and other current asset 943.73 1.83
Total Asset 51,491.66 100.00
* Top 10 holdings

@ Reverse Repo : 1.93%, Others (Cash/ Subscription receivable/ Redemption payable/ Receivables on sale/Payable on Purchase/ Other Receivable / Other Payable) : -0.10%


Note : Sector Allocation is provided as a percentage of Equity holding totaling to 100% Composition by Rating is provided as a percentage of Debt Holding totaling to 100%

Please click here for Product Label & Benchmark Risk-o-meter.

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.