Franklin India Equity Hybrid Fund Dividend is a Hybrid Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 10 Dec 1999. Sachin Padwal-Desai, Umesh Sharma, Lakshmikanth Reddy is the Current Fund Manager of Franklin India Equity Hybrid Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹1,664 Cr and the Latest NAV as of 30 Mar 2020 is ₹16.31.
The Franklin India Equity Hybrid Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.