| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.17% |
| NAV | ₹10.16 (02 Jul 2020) |
|---|---|
| Fund Started | 03 Aug 2018 |
| Fund Size | ₹152 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.0% |
| Bajaj Finance Ltd. | Financial | Equity | 4.9% |
| Axis Bank Ltd. | Financial | Equity | 4.5% |
| Infosys Ltd. | Technology | Equity | 3.5% |
| REC Ltd. | Financial | NCD | 3.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 3.3% |
| Reserve Bank of India | Financial | T-Bills | 3.3% |
| Bharti Airtel Ltd. | Communication | Equity | 3.3% |
| Bank Of Baroda | Financial | CD | 3.2% |
| HDFC Bank Ltd. | Financial | Equity | 2.8% |
Franklin India Equity Savings Fund Direct Dividend Monthly is a Equity Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 03 Aug 2018. Sachin Padwal-Desai, Umesh Sharma, Srikesh Nair, Lakshmikanth Reddy is the Current Fund Manager of Franklin India Equity Savings Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹152 Cr and the Latest NAV as of 02 Jul 2020 is ₹10.16.
The Franklin India Equity Savings Fund Direct Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
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.