Franklin India NSE Nifty 50 Index Direct IDCW

Franklin India NSE Nifty 50 Index Direct IDCW is a Other Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 19 Feb 1996. Srikesh Nair, Varun Sharma is the Current Fund Manager of Franklin India NSE Nifty 50 Index Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹65,417 Cr and the Latest NAV as of 20 Mar 2023 is ₹140.68. The Franklin India NSE Nifty 50 Index Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25%, if redeemed within 7 days. ;

Investment Objective

The open end index linked growth scheme with the objective to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with Nifty 50 Index under NSE Nifty Plan, and to provide returns that, before expenses, closely correspond to the total return of common stocks as represented by the S&P BSE Sensex under S&P BSE Sensex Plan. ;