Franklin India Multi - Asset Solution Fund Growth Plan
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|Risk||Moderately High risk|
|Fund Type||Multi Asset Allocation|
|Exit Load||1% for 1095 Days|
More about this fund
|Franklin India Bluechip Dir Gr||44.49%|
|Call, Cash & Other Assets||34.02%|
|Nippon India ETF Gold BeES||15.87%|
|Franklin India Liquid Sup Inst Dir Gr||3.5%|
|Franklin India S/T Income Dir Gr||2.12%|
|Franklin India S/T Inc Sgtd Ptf2RetDirGr||0%|
|Franklin India S/T Inc Sgtd Ptf3DirRetGr||0%|
About Franklin India Multi Asset Solution Fund
Being an open-ended hybrid fund, the scheme seeks to achieve diversification and capital appreciation by investing in funds in asset classes through a mix tactical and strategic allocation to various asset classes such as debt, equity, gold and cash.
Pros and Cons of Franklin India Multi Asset Solution Fund
This product is suitable for those who are seeking:
- Long term capital appreciation.
- The fund invests in diversified asset classes through a mix tactical and strategic allocation.
Fund Information and Statistics of Franklin India Multi Asset Solution Fund
Inception/ Launch Date
The Franklin India Multi Asset Solution Fund was launched on 28 November 2014, by Franklin Templeton Mutual Fund.
Investment in Gold ETF have the risk associated with liquidity risk and the investment fixed deposits will have the risk in interest risk, credit risk, market risk, reinvestment risk etc. The various factors affecting the capital market such as change in the government policies, risk associated with trading volumes, general levels of interest rates and risk may affect the performance of the scheme.
The scheme is open for redemption of its units on all business days. The dispatch of fund redemption proceeds within 10 business days from the date of receipt of redemption request.
Mr. Anand Radhakrishnan is the fund manager of Franklin India Multi Asset Solution Fund since February 2015.
Entry/ Exit Load
The entry load is NIL. The exit load of 1% is applicable if the units are redeemed within 3 years from the date of allotment.
Tax benefits of investing in Franklin India Multi Asset Solution India
If units are held for more than 36 months, a long term capital gains tax at 20% with indexation is charged. If units are held for less than 36 months the short term capital gains is taxed at the income tax slab rate of the investor. Dividends are tax free but Dividend distribution Tax is deducted at the rate of 29.12% for individuals.
About Franklin Templeton Mutual Fund
Franklin Templeton's association has a thrust on investing in the markets around the world. The fund house in India create an organization with rich investment experience on most comprehensive product portfolios, an in-house functioning of the shareholders and footprints across the country.
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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