Franklin India Credit Risk Fund Dividend is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 07 Dec 2011. Santosh Kamath, Sumit Gupta is the Current Fund Manager of Franklin India Credit Risk Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹6,743 Cr and the Latest NAV as of 23 Oct 2019 is ₹10.85.
The Franklin India Credit Risk Fund Dividend is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 3% will be charged for redemption within 12 months, 2% will be charged for redemption after 12 months but within 24 months and 1% will be charged for redemption after 24 months but within 36 months.
Investment Objective
The Fund seeks to provide regular income and capital appreciation through a focus on corporate securities.
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment
For units in excess of 10% of the investment, 3% will be charged for redemption within 12 months, 2% will be charged for redemption after 12 months but within 24 months and 1% will be charged for redemption after 24 months but within 36 months
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