Franklin India Dynamic Asst Allo Fund Of Funds Growth
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|Risk||Moderately High risk|
|Fund Type||Fund of Funds|
|Exit Load||1% for 365 Days|
More about this fund
|Franklin India S/T Income Dir Gr||52.02%|
|Franklin India Equity Dir Gr||48.21%|
About Franklin India Dynamic PE Ratio Fund of Funds
Franklin India Dynamic PE Ratio Fund of Funds as the name suggests invests in both equity and income funds of Franklin India. The scheme will invest in Franklin India Bluechip Fund (FIBCF), Franklin India Equity Fund (FIEF), Franklin India Short Term Income Plan (FISTIP), and Franklin India Income Opportunities Fund (FIIOF). The fund aims to provide long-term capital appreciation.
Pros & Cons of Franklin India Dynamic PE Ratio Fund of Funds
Franklin India Dynamic PE Ratio Fund of Funds offers the following benefits:
- The fund enables investors to generate returns while securing the funds against higher volatilities.
- The scheme rebalances the portfolio every month based on PE ratio and may increase the debt exposure based when PE levels are higher and vice versa.
- The long-term returns of the fund are higher than the average category returns.
Fund Information and Statistics of Franklin India Dynamic PE Ratio Fund of Funds
Inception / Launch date
Franklin India Dynamic PE Ratio Fund of Funds was launched on October 31, 2003, by Franklin Templeton India.
Investment in this fund are at moderately high risk and suitable for investors with a long-term investment horizon.
The Scheme will offer units for purchase and redemption at applicable NAV prices. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days.
The fund is managed by Anand Radhakrishnan since February 2011. He is a B. tech., CFA, and PGDM from IIM Ahmedabad. He has previously worked with he has worked with Sundaram Asset Management Ltd., SBI Funds Management and Asian Convertible and Income Fund.
Entry / Exit load
The fund house does not charge any entry load. A 1 % exit load is charged if the units are redeemed before 1 year from the date of allotment. However, no exit load is charged after that period.
Tax benefits of investing in Franklin India Dynamic PE Ratio Fund of Funds
- A Short-term capital gain tax will be levied on unitholders as per the income tax slab rate if units are held for less than 36 months.
- A long-term capital gains tax of 20% is applicable with indexation if units are held for more than 36 months.
About Franklin Templeton India
Franklin Templeton Investments was established in 1947 and has come a long way since. Today, it has 42 research offices, 12 global trading offices, and over 600 investment professionals. The company operates in 170+ countries with the aim of delivering exception asset management for retail, institutional, and high-net-worth clients.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns