Franklin India Low Duration Fund Growth - Latest NAV, Returns, Performance & Portfolio

Franklin India Low Duration Fund Growth

  • highlight
    6.89%
  • highlight
    (+0.01)21.1841

Start your investment

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

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.89%
3 Years4.95%
1 Year-1.38%
6 Months-4.89%
Fund Details
ISININF090I01BU1
RiskModerate Risk
Fund TypeLow Duration
NAV21.1841
Exit Load0.5% for 90 Days

More about this fundstar

Top HoldingsWeightage
Greenko Clean Energy Projects Private Limited7.39%
Small Business Fincredit India Private Limited6.07%
Renew Power Ventures Private Limited5.32%
ESS KAY FINCORP LIMITED4.81%
ReNew Solar Power Private Limited3.76%
JM FINANCIAL ASSET RECONSTRUCTION COMPANY LIMITED3.62%
STERLITE POWER GRID VENTURES LIMITED3.57%
JM FINANCIAL ASSET RECONSTRUCTION COMPANY LIMITED3.14%
U.P. Power Corporation Limited2.7%
Talwandi Sabo Power Limited2.45%

About Franklin India Low Duration Fund

Franklin India Low Duration Fund is an open ended debt fund aimed at corporate debt instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months. The fund has an objective to earn regular income through these investments.

Pros & Cons of Franklin India Low Duration Fund

Franklin India Low Duration Fund offers the following benefits: 1. The fund portfolio is well diversified with a mix of high quality credit debentures, bonds and government securities. The fund is suitable for investors who seek the high accrual offered by long term papers, have a view on interest rates and have a long term investment horizon.

Certain drawbacks of Franklin India Low Duration Fund 1. Returns might not be as good as those provided by equity linked mutual funds.

Fund Information and Statistics of Franklin India Low Duration Fund

i) Inception / Launch date

Franklin India Low Duration Fund was launched on Feb 07, 2000 by Franklin India Mutual Fund AMC.

ii) Risk level

The fund has moderate risk level and it is suitable for investors looking for regular income for short term and investing funds for short term.

iii) Redemption

Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. Santosh Kamath & Mr. Kunal Agrawal are the fund managers of the scheme.

v) Entry / Exit load

The fund house does not charge any entry load for investing in the fund. However, an exit load of 0.50% is charged if the units are redeemed/ switched-out within 90 days of allotment.

Tax benefits of investing in the fund

Long term capital gains tax applies to returns on this fund. A capital gain registered during a period of less than 3 years is defined as Short-term Capital Gain (STCG). A capital gain registered over a period of 3 years or more is defined as Long-term Capital Gains (LTCG). STCG from debt oriented funds are added to the investor’s income. They are then taxed according to his income slab. Long term capital gains tax from debt funds is taxed at the rate of 20% after indexation and 10% without the benefit of indexation.

Investors need not pay any tax on dividends. However a Dividend Distribution Tax (DDT) is deducted at source at 29.12% (25% + 12% surcharge + 4% Health & education cess) for Individuals and at 34.944% (30% + 12% surcharge + 4% Health & education cess) for any other person.

About Franklin Templeton Investments

Franklin Templeton Mutual Fund is managed by Templeton Asset Management (“AMC”). The fund house prides on its ability to provide investors with relatively quick and risk free returns. The CEO of the fund house is Mr Sanjay Sapre. The fund house manages more than 50 schemes across equity, debt and liquid, fund of funds, sector equity funds and hybrid funds category.

Customer Reviewsstar

  • " 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 Stepsstar

  • 1
  • 2
  • 3

Why ClearTax Invest?

  • checkOur experts do all the research and offer only the BEST mutual funds
  • checkTrusted by Over 25 Lakh Indians
  • checkInvest in just 5 minutes
  • checkNo paperwork required
  • checkSimple and easy to use

Frequently Asked Questions

  • Read More

Start your investment

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