Franklin India Life Stage Fund of Funds - The 30s Plan Growth
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|Risk||Moderately High risk|
|Fund Type||Fund of Funds|
|Exit Load||0.75% for 365 Days|
More about this fund
|Franklin India Bluechip Dir Gr||36.4%|
|Franklin India Corporate Debt Dir Gr||19.39%|
|Franklin India Dynamic Accrual Dir Gr||13.24%|
|Templeton India Value Dir Gr||10.43%|
|Franklin India Prima Dir Gr||10.28%|
|Franklin India Dyn Acrl Sgtd Ptf 1DirDiv||0%|
|Franklin India Dyn Acrl Sgtd Ptf 2 DirGr||0%|
|Franklin India Dynamic Accrual Fund- Segregated Portfolio 3- 9.50% Yes Bank||0%|
About Franklin India Life Stage Fund Of Funds-The 30s Plan
Franklin India Life Stage Fund Of Funds invests in other funds investing in equity and debt instruments. As the name suggests, this fund is suitable for investors in the 30-40 age group. The scheme will invest 55% capital in mutual funds investing in equity and the rest in mutual funds investing in debt instruments. The scheme strives to deliver long-term capital appreciation.
Pros & Cons of Franklin India Life Stage Fund Of Funds-The 30s Plan
Franklin India Life Stage Fund Of Funds-The 30s Plan offers the following benefits:
- The scheme enables the investors in their 30s to balance their capital exposure.
- It allows investors to have balanced aggressive and defensive instruments in their portfolios.
- Notably, the fund returns are higher than the average category returns.
Fund Information and Statistics of Franklin India Life Stage Fund Of Funds-The 30s Plan
Inception / Launch date
Franklin India Life Stage Fund Of Funds-The 30s Plan was launched on December 01, 2003, by Franklin Templeton India.
Investment in Franklin India Life Stage Fund Of Funds-The 30s is a moderately high-risk bet.
The redemption request can be made on any business day subject to the NAV price. Proceeds will be dispatched to you by the fund house within 10 working days from the receipt of the redemption request.
The fund is managed by Mr Paul Parampreet since March 2018. He is a PGDM from IIM and B. tech (Hon) from IIT. He has previously worked Edelweiss Securities Limited.
Entry / Exit load
The fund house does not charge any entry load or exit load if redeemed after one year. However, 0.75 % exit load is charged if the units are sold before one year from the date of allotment.
Tax benefits of investing in Franklin India Life Stage Fund Of Funds-The 30s 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 India has been serving Indian customer for over two decades. It believes in building relationships and putting the needs of clients first. The fund house is also involved in CSR activities via its partnerships with The Akanksha Foundation and K C Mahindra Educational Trust. Both organisations are working in the education space to improve the same for the socially weaker section.
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