Franklin India Income Opportunities Fund Growth
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|Fund Type||Medium Duration|
|Exit Load||3% for 365 Days|
More about this fund
|Parimal Finance Private Limited||8.12%|
|Coastal Gujarat Power Limited||7.09%|
|Shriram Transport Finance Company Limited||5.17%|
|Rivaaz Trade Ventures Private Limited||4.7%|
|Sadbhav Infrastructure Project Limited||4.06%|
|DCB Bank Limited||4.04%|
|ADANI RAIL INFRA PRIVATE LIMITED||4%|
|Andhra Pradesh Capital Region Development Authority||3.9%|
|Renew Power Ventures Private Limited||3.41%|
|S. D. CORPORATION PRIVATE LIMITED||3.37%|
About Franklin India Income Opportunities Fund
Franklin India Income Opportunities Fund is an open-ended debt fund investing in government securities, debt securities issued by PSUs and private sector corporate, securitised debts, money market instruments, and securities held under reverse repos. The scheme will make investments such that the Macaulay duration of the portfolio is between 3 years to 4 years. The fund seeks to provide regular income and capital appreciation.
Pros & Cons of Franklin India Income Opportunities Fund
Franklin India Income Opportunities Fund offers the following benefits:
- The fund enables investors to generate regular income with comparatively lesser risks.
- The fund focuses on high accrual securities and also enables investors to diversify from equities.
- Notably, the fund returns are higher than the average category returns.
Fund Information and Statistics of Franklin India Income Opportunities Fund
Inception / Launch date
Franklin India Income Opportunities Fund was launched on December 11, 2009, by Franklin Templeton India.
Investments in this fund are at moderate risk and suitable for medium-term investment horizon.
The Scheme will offer units for repurchase and redemption at applicable NAV price on every Business Day. The redemption proceeds will be dispatched within 10 business days.
The fund is jointly managed by Mr Santosh Kamath and Mr Sumit Gupta since April 2014. They come with 37 years of work experience between them.
Entry / Exit load
The fund house does not charge any entry load or exit load if 10% of the units are redeemed each year from the date of allotment. However, 3% exit load is charged if remaining units are sold before 12 months, 2% if sold after 12 months but before 18 months, and 1% is sold after 18 months but before 24 months. No exit load is charged after 24 months.
Tax benefits of investing in Franklin India Income Opportunities Fund
- 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 India was set-up in 1996 as Templeton Asset Management India Pvt. Ltd. It is a part of Franklin Templeton Investments which was founded in 1947 and is currently operational in 170+ countries. The group is driven by 42 research offices and 600 investment professionals present in 25 countries.
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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