Franklin India Life Stage Fund of Funds - The 50s Plus Floating Rate Plan Growth - Latest NAV, Returns, Performance & Portfolio

Franklin India Life Stage Fund of Funds - The 50s Plus Floating Rate Plan Growth

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    5.79%
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    (+0.35)37.1989

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Fund Summarystar

PeriodReturns(per year)
10 Years7.35%
5 Years5.79%
3 Years4.28%
1 Year-0.9%
6 Months-3.13%
Fund Details
ISININF090I01718
RiskModerately High risk
Fund TypeFund of Funds
NAV37.1989
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Franklin India Savings Dir Gr81.28%
Franklin India Bluechip Dir Gr13.98%
Templeton India Value Dir Gr4.55%

About Franklin India Life Stage Fund of Funds 50s Plus - Floating Rate

Franklin India Life Stage Fund of Funds 50s Plus - Floating Rate is an open-ended fund investing in both equity and debt mutual fund. It is suitable for investors in the age group of the 50s as the plan invests 20% of capital in FIBCF & TIVF equity mutual funds and 80% in FISF debt mutual fund. The fund seeks to provide long-term capital appreciation.

Pros & Cons of Franklin India Life Stage Fund of Funds 50s Plus - Floating Rate

Franklin India Life Stage Fund of Funds 50s Plus - Floating Rate offers the following benefits:

  • The fund is suitable for investors to diversify their investment in both defensive and aggressive instruments.
  • The floating rate instruments allow for comparatively higher returns.
  • However, the fund returns are lower than the average category returns.

Fund Information and Statistics of Franklin India Life Stage Fund of Funds 50s Plus - Floating Rate

Inception / Launch date

Franklin India Life Stage Fund of Funds 50s Plus - Floating Rate was launched on July 09, 2004, by Franklin Templeton India.

Risk level

This fund is a 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 or exit load if units are redeemed after one year from the date of allotment. However, a 1% exit load is charged if units are sold before one year.

Tax benefits of investing in Franklin India Life Stage Fund of Funds 50s Plus - Floating Rate

  • 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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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately High risk

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