Franklin India Short Term Income Plan Growth - Latest NAV, Returns, Performance & Portfolio

Franklin India Short Term Income Plan Growth

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    7.75%
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    (+0.33)3907.8192

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Fund Summarystar

PeriodReturns(per year)
10 Years8.44%
5 Years7.75%
3 Years7.14%
1 Year4.23%
6 Months1.07%
Fund Details
ISININF090I01304
RiskModerate Risk
Fund TypeShort Duration
NAV3907.8192
Exit Load0.5% for 365 Days

More about this fundstar

Top HoldingsWeightage
PIPELINE INFRASTRUCTURE PRIVATE LIMITED7.05%
SHRIRAM TRANSPORT FINANCE COMPANY LIMITED6.11%
ADANI RAIL INFRA PRIVATE LIMITED5.08%
Idea Cellular Limited3.62%
PIRAMAL CAPITAL & HOUSING FINANCE LIMITED3.34%
Rishanth Wholesale Trading Private Ltd.3.21%
Edelweiss Agri Value Chain Limited2.71%
Yes Bank Limited2.58%
EDELWEISS COMMODITIES SERVICES LIMITED2.53%
Renew Power Ventures Private Limited2.22%

About Franklin India Short Term Income Plan

Franklin India Short Term Income Plan is an open-ended debt plan investing in Debentures, government securities, and other fixed income instruments. The scheme also invests Money Market instruments and securities held under reverse repos. The Macaulay Duration of the portfolio of the scheme is between 1 year to 3 years. The fund strives to deliver regular income over a medium-term investment horizon.

Pros & Cons of Franklin India Short Term Income Plan

Franklin India Short Term Income Plan offers the following benefits:

  • The scheme enables investors to earn higher interest income by investing in short term corporate bonds.
  • The fund is ideal for short-term parking of fund with a reasonable income.
  • Notably, the fund returns are consistently higher than the average category return.

Fund Information and Statistics of Franklin India Short Term Income Plan

Inception / Launch date

The Franklin India Short Term Income Plan was launched on January 31, 2002, by Franklin Templeton India.

Risk level

Investment in Franklin India Short Term Income Plan are at moderate risk and ideal for regular income over medium-term.

Redemption

The scheme will offer units for purchase and redemption at NAV prices on every Business Day. Under normal circumstances, your fund house will dispatch the redemption proceeds within 2 business days.

Fund Manager

The fund is jointly managed by Mr Santosh Kamath and Mr Kunal Agrawal since April 2014. They come with a cumulative work experience of 38 years between them.

Entry / Exit load

The fund house does not charge any entry load or exit load if 10% units are redeemed before one year from the date of allotment. However, 0.5% exit load is charged if the remaining units are redeemed before one year. No exit load is charged after that.

Tax benefits of investing in Franklin India Short Term Income 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 Investments was established in 1947 and has come a long way since. Today, it has 42 research offices, 12 global trading offices, and over 600 investment professionals. The company operates in 170+ countries with the aim of delivering exception asset management for retail, institutional, and high-net-worth clients.

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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
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