|Min SIP Amount||₹500|
|NAV||₹47.60 (12 May 2021)|
|Fund Started||07 Dec 2001|
|Fund Size||₹220 Cr|
|Reserve Bank of India||Financial||T-Bills||13.3%|
Franklin India Government Securities Fund Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 07 Dec 2001. Sachin Padwal-Desai, Umesh Sharma is the Current Fund Manager of Franklin India Government Securities Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹220 Cr and the Latest NAV as of 12 May 2021 is ₹47.60.
The Franklin India Government Securities Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 10000.
The Scheme seeks to generate return through investments in sovereign securities issued by the Central Government and / or a State Government and / or any security unconditionally guaranteed by the central Government and / or State Government for repayment of Principal and Interest.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.