Franklin India Floating Rate Fund Direct Dividend Daily+0.06%

2Groww
7.90%
1 Year Return
Debt
Liquid
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

Franklin India Floating Rate Fund Direct Dividend Daily

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.44%
NAV10.0 (19 Aug 2019)
Fund Started01 Jan 2013
Fund Size246 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Franklin India Floating Rate Fund Direct Dividend Daily
7.9%
7.1%
7.2%
7.3%
Category Average
8.3%
7.2%
7.8%
-
Rank within category
5
5
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.9% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

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    Fund Managers

    addUmesh Sharma
    Education
    Mr. Sharma is a B.Com (H), CS and CA.
    Experience
    Prior to joining Franklin Templeton Investments he has worked with ICICI Bank Ltd., UTI Mutual Fund, Religare Mutual Fund and JM Financials.
    Funds Managed
    addSrikesh Nair
    Education
    Mr. Nair is a B.S. Marine Engineering from BITS Pilani and holds a Post Graduate Diploma in Management from Management Development Institute, Gurgaon.
    Experience
    Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd. he has worked with Goldman Sachs Services Private Limited (Apr 2011 - May 2015) as an Analyst and Teekay Shipping (Oct 2007 - Apr 2008 ) as a Trainee Marine Engineer
    Funds Managed

    Other Details

    Franklin India Floating Rate Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Pallab Roy, Umesh Sharma is the Current Fund Manager of Franklin India Floating Rate Fund Direct Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹246 Cr and the Latest NAV as of 19 Aug 2019 is ₹10.0.

    The Franklin India Floating Rate Fund Direct Dividend Daily is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Nil.

    Investment Objective

    The investment objective of the scheme is to provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market and debt instruments

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹1000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Franklin Templeton Mutual Fund

    Address
    Indiabulls Finance Centre; Tower 2, 12th and 13th Floor; Senapati Bapat Marg; Elphinstone Road (W) Mumbai 400013
    Phone
    022 - 67519100
    Launch Date
    18 Feb 1996
    Franklin Templeton Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Templeton
    Address
    4th Floor, Kuber Complex, Rathyatra Kamachha Rd, Rathyatra Crossing, Near Tanishq Jewelers, Rathyatra, Sidhgiribagh, Varanasi,
    Email
    NA
    Website
    NA
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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