Fund Details
Franklin India Pension Direct Plan Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.53% |
| NAV | ₹18.91 (27 Nov 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹426 Cr |
Returns
as per Historical Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Higher expense ratio - 1.53%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 17.3% |
| GOI | Sovereign | GOI Sec | 6.6% |
| GOI | Sovereign | GOI Sec | 6.5% |
| GOI | Sovereign | GOI Sec | 5.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 4.9% |
| Bank Of Baroda | Financial | CD | 4.6% |
| KKR India Financial Services Pvt Ltd. | Financial | Debenture | 4.5% |
| HDFC Bank Ltd. | Financial | Equity | 4.4% |
| Reliance Jio Infocomm Ltd. | Communication | Debenture | 4.0% |
| Infosys Ltd. | Technology | Equity | 2.7% |
Fund Managers
Franklin India Pension Direct Plan Dividend Details
Franklin India Pension Direct Plan Dividend is a Solution Oriented Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sachin Padwal-Desai, Umesh Sharma, Lakshmikanth Reddy is the Current Fund Manager of Franklin India Pension Direct Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹426 Cr and the Latest NAV as of 27 Nov 2020 is ₹18.91.
The Franklin India Pension Direct Plan Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Exit load of 3% if redeemed before the age of 58 yrs.
Investment Objective
The scheme seeks to generate steady returns along with tax savings through a portfolio of upto 40% in equities with the balance invested in fixed income instruments. This is to ensure relative stability and deliver superior returns.
Tax Implications
Lock-in for 5 years or retirement, whichever is earlier. If average equity holding is >65%, 10% (After 1 year as per LTCG). If average equity holding is <65%, 20% with indexation benefit (post 3 years).
