Franklin India Index Fund NSE Nifty Direct Growth is a Others Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Srikesh Nair, Varun Sharma is the Current Fund Manager of Franklin India Index Fund NSE Nifty Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹289 Cr and the Latest NAV as of 15 Nov 2019 is ₹96.72.
The Franklin India Index Fund NSE Nifty Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within one month.
Investment Objective
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
Tax Implications
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within one month
Exit Load