Franklin India Life Stage Fund of Funds - The 40s Plan Growth
Start your investment
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Moderately High risk|
|Fund Type||Fund of Funds|
|Exit Load||0.75% for 365 Days|
More about this fund
|Franklin India Dynamic Accrual Dir Gr||33.93%|
|Franklin India Corporate Debt Dir Gr||30.34%|
|Franklin India Bluechip Dir Gr||20.17%|
|Franklin India Prima Dir Gr||10.36%|
|Templeton India Value Dir Gr||5.05%|
|Franklin India Dyn Acrl Sgtd Ptf 1DirDiv||0%|
|Franklin India Dyn Acrl Sgtd Ptf 2 DirGr||0%|
About Franklin India Life Stage Fund Of Funds-The 40s Plan
Franklin India Life Stage Fund Of Funds as the names suggests invests in other mutual funds. The 40s plan is ideal for investors in 40-50 years of age and the scheme accordingly invests 35% of the capital in equity funds and 65% in debt funds. The fund strives to deliver capital appreciation over a long-term investment horizon.
Pros & Cons of Franklin India Life Stage Fund Of Funds-The 40s Plan
Franklin India Life Stage Fund Of Funds-The 40s Plan offers the following benefits:
- The scheme empowers investors in their 40s to invest their capital in instruments suited for their goals and risk appetite.
- The fund adjusts equity and debt allocation every 6 months.
- The fund returns are higher than the average category return.
Fund Information and Statistics of Franklin India Life Stage Fund Of Funds-The 40s Plan
Inception / Launch date
Franklin India Life Stage Fund Of Funds-The 40s Plan was launched on December 01, 2003, by Franklin Templeton India.
Investment in this fund are at moderately high-risk bet and suitable for long-term investment horizon.
The redemption request can be made on any business day subject to the NAV price. Proceeds will be dispatched to you by the fund house within 10 working days from the receipt of the redemption request.
The fund is managed by Mr Paul Parampreet since March 2018. He has previously worked as Edelweiss Securities Ltd., SDG India Pvt. Ltd., ICICI Bank and with BG India Pvt. Ltd.
Entry / Exit load
The fund house does not charge any entry load. An exit load of 0.75% is charged if units are redeemed before 1 year from the date of allotment. However, no exit load is charged after one year.
Tax benefits of investing in Franklin India Life Stage Fund Of Funds-The 40s Plan
- 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 is a part of Franklin Templeton investments which has USD 724.1 billion Asset Under Management. The fund house brings multiple manager structures that provide investors access to investment teams with distinct styles and capabilities.
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "IT Developer, Bangalore
" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "Software Engineer, Indore
" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "Campus Manager, Bangalore
Invest Now in 3 Easy Steps
Why ClearTax Invest?
- Our experts do all the research and offer only the BEST mutual funds
- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Start your investment
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