| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.26% |
| NAV | ₹87.61 (10 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹293 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 11.6% |
| HDFC Bank Ltd. | Financial | Equity | 10.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.1% |
| Infosys Ltd. | Technology | Equity | 6.2% |
| ICICI Bank Ltd. | Financial | Equity | 5.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.0% |
| ITC Ltd. | FMCG | Equity | 4.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.5% |
| Bharti Airtel Ltd. | Communication | Equity | 3.0% |
Franklin India Index Fund NSE Nifty Direct Dividend is a Equity Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Srikesh Nair, Varun Sharma is the Current Fund Manager of Franklin India Index Fund NSE Nifty Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹293 Cr and the Latest NAV as of 10 Jul 2020 is ₹87.61.
The Franklin India Index Fund NSE Nifty Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25%, if redeemed within 7 days.
Aims to Invest in all the stocks comprising the S&P CNX Nifty Index in approximately the same weightage that they represent in the S&P CNX Nifty Index
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.