Franklin India Equity Savings Fund Direct Growth is a Equity Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 17 Aug 2018. Sachin Padwal-Desai, Umesh Sharma, Srikesh Nair, Lakshmikanth Reddy is the Current Fund Manager of Franklin India Equity Savings Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹270 Cr and the Latest NAV as of 20 Nov 2019 is ₹10.60.
The Franklin India Equity Savings Fund Direct Growth 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 12 months..
Investment Objective
The Scheme intends to generate long-term capital appreciation by investing a portion of the Schemeâ??s assets in equity and equity related instruments. The Scheme also intends to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies. There can be no assurance that the investment objective of the scheme will be realized.
Tax Implications
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
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