Franklin India Low Duration Fund Growth - Latest NAV ₹23.3483, Returns, Performance & Portfolio

Franklin India Low Duration Fund Growth

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Fund Summarystar

PeriodReturns(per year)
10 Years8.28%
5 Years6.75%
3 Years5.19%
1 Year13.38%
6 Months7.35%
Fund Details
RiskVery High Risk
Fund TypeOther Bond
Exit Load0.5% for 90 Days

More about this fundstar

Top HoldingsWeightage
JM Financial Asset Reconstruction Company Limited13.13%
Talwandi Sabo Power Limited10.1%
Edelweiss Commodities Services Limited9.98%
SBI Overnight Fund Dir Gr9.65%
The Tata Power Company Limited8.37%
Clix Capital Services Private Limited6.55%
Shriram Transport Finance Company Limited5.17%
JM Financial Credit Solutions Limited4.95%
Sadbhav Infrastructure Project Limited3.31%
Shriram Transport Finance Company Limited3.24%

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.

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Frequently Asked Questions

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