|Min SIP Amount||Not Supported|
|NAV||₹18.91 (27 Nov 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹426 Cr|
|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%|
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.
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.
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).