Franklin India Overnight Fund Direct Growth+0.01%

3.61%
1 Year Return
Debt
Overnight
6M
1Y
All

Fund Details

Franklin India Overnight Fund Direct Growth

RiskLow
Min SIP Amount₹500
Expense Ratio0.10%
NAV1062.19 (26 Oct 2020)
Fund Started07 May 2019
Fund Size412 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Franklin India Overnight Fund Direct Growth
3.6%
NA
NA
4.2%
Category Average
3.7%
5.0%
5.5%
-
Rank within category
25
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 3.6% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.1%
    2. Exit load is zero
    Cons
    1. Age is less than 3 years
    2. Risk-adjusted returns are lower compared to the category

    Fund Managers

    addPallab Roy
    Education
    Mr. Roy is a M.Com and MBA (Finance).
    Experience
    He has been associated with Franklin Templeton Investments since 2001.
    Funds Managed
    addUmesh Sharma
    Education
    Mr. Sharma is a B.Com (H), CS and CA.
    Experience
    Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
    Funds Managed

    Franklin India Overnight Fund Direct Growth Details

    Franklin India Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 07 May 2019. Pallab Roy is the Current Fund Manager of Franklin India Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹412 Cr and the Latest NAV as of 26 Oct 2020 is ₹1062.19.

    The Franklin India Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The Scheme seeks to provide reasonable income along with high liquidity by investing in overnight securities having maturity of 1 business day. There can be no assurance that the investment objective of the scheme will be realized.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Franklin Templeton Mutual Fund

    Address
    Indiabulls Finance Centre; Tower 2, 12th and 13th Floor; Senapati Bapat Marg; Elphinstone Road (W) Mumbai 400013
    Phone
    022 - 67519100
    Launch Date
    19 Feb 1996
    Franklin Templeton Mutual Fund
    Asset Management Company
    Custodian
    Hongkong & Shanghai Banking Corporation
    Registrar & Transfer Agent
    Templeton
    Address
    Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi
    Email
    NA
    Website
    NA
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