Franklin India Savings Fund Growth - Regular - Latest NAV [ ₹39.6208 ], Returns, Performance, Portfolio & Returns 2021

Franklin India Savings Fund Growth

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Fund Summarystar

PeriodReturns(per year)
10 Years7.84%
5 Years6.78%
3 Years6.53%
1 Year3.71%
6 Months2%
Fund Details
RiskLow to Moderate Risk
Fund TypeMoney Market
Exit Load--

More about this fundstar

Top HoldingsWeightage
8.20% Govt Stock 20229.78%
364 DTB 300320229.4%
Call, Cash & Other Assets8.03%
8.79% Govt Stock 20214.84%
Axis Bank Limited4.79%
Export-Import Bank Of India4.75%
182 DTB 231220214.74%
182 DTB 301220214.74%
L&T Finance Limited4.71%
Kotak Mahindra Bank Limited4.71%

About Franklin India Savings Fund

Franklin India Savings Fund is a suitable short term investment on money market instrument. It is an investment for a tenure of a month or more. Earlier it was known as Franklin India Savings Plus fund. This fund invests in money market with high liquidity and low to moderate credit risk. It is an open-ended scheme.

Pros and Cons of Franklin India Savings Fund

This product is suitable for investors in many ways: 1. The fund aims to invest in money market instruments. 2. For short term regular income scheme. 3. By keeping maturity at the shorter end the fund seeks to manage the interest rate risk.

Fund Information and Statistics of Franklin India Savings Fund

i) Inception / Launch date

Franklin India Savings Fund was launched on 11th February 2002,by Franklin Templeton Mutual Fund.

ii) Risk level

The Fund has a moderately low level of risk and does not guarantee or assure any dividend under any of the plan or scheme and is subject to availability and adequacy of distribution surplus.

iii) Redemption

The Franklin India Savings Fund is open for repurchase or redemption on all business days. Within the regulatory time limit of 10 business days the redemption proceeds is dispatched to the unit holders on receipt of the valid redemption request at the Official points of Acceptance of Transactions of the Funds.

iv) Fund Manager

Mr.Pallab Roy and Mr.Sachin Shankar Padwal Desai are the fund managers of Franklin India

v) Entry / Exit load

The fund house does not charge on entry and exit load for investing in Franklin India Savings Fund.

Tax benefits of investing in Franklin India Savings Fund

For long term if the units are held for more than 36 months capital gains @20% with indexation. And for short term if units are held for less than 36 months capital gains tax at the income tax slab rate.

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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Start your investment

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