Franklin India Life Stage Fund of Funds - The 40s Plan Growth
- 1.91%
- (+0.11)39.9142
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | 6.08% |
| 5 Years | 1.91% |
| 3 Years | -2.97% |
| 1 Year | -17.35% |
| 6 Months | -19.94% |
| Fund Details | |
|---|---|
| ISIN | INF090I01650 |
| Risk | Moderately High risk |
| Fund Type | Fund of Funds |
| NAV | 39.9142 |
| Exit Load | 0.75% for 365 Days |
More about this fund
| Top Holdings | Weightage |
|---|---|
| Franklin India Corporate Debt Dir Gr | 36.09% |
| Franklin India Dynamic Accrual Dir Gr | 21.09% |
| Franklin India Bluechip Dir Gr | 14.73% |
| Templeton India Value Dir Gr | 9.74% |
| Franklin India Prima Dir Gr | 9.69% |
| Franklin India Dyn Acrl Sgtd Ptf 1DirDiv | 0% |
| Franklin India Dyn Acrl Sgtd Ptf 2 DirGr | 0% |
| Franklin India Dynamic Accrual Fund- Segregated Portfolio 3- 9.50% Yes Bank | 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.
Risk level
Investment in this fund are at moderately high-risk bet and suitable for long-term investment horizon.
Redemption
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.
Fund Manager
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.
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