Franklin India Pension Direct Plan Growth-0.07%

3.77%
1 Year Return
Solution Oriented
Retirement
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Franklin India Pension Direct Plan Growth

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio1.53%
NAV143.57 (30 Oct 2020)
Fund Started01 Jan 2013
Fund Size419 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Franklin India Pension Direct Plan Growth
3.8%
5.0%
7.1%
9.9%
Category Average
1.4%
2.2%
5.6%
-
Rank within category
4
3
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 3.8% annual returns

    Comparison

    Data not available
    Pros
    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
    Cons
    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

    NameSectorInstrument% Assets
    GOISovereignGOI Sec11.2%
    GOISovereignGOI Sec9.9%
    GOISovereignGOI Sec6.7%
    State Bank of IndiaFinancialBonds6.1%
    Housing Development Finance Corpn. Ltd.FinancialDebenture4.9%
    Bank Of BarodaFinancialCD4.7%
    KKR India Financial Services Pvt Ltd.FinancialDebenture4.6%
    HDFC Bank Ltd.FinancialEquity4.1%
    Reliance Jio Infocomm Ltd.CommunicationDebenture4.0%
    REC Ltd.FinancialDebenture2.8%
    See All

    Fund Managers

    addSachin Padwal-Desai
    Education
    Mr. Desai is a B.E and PGDM from IIM Bangalore.
    Experience
    Prior to joining Sundaram Mutual Fund he has worked with ICICI Bank, Infosys Technologies and Thermax.
    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
    addLakshmikanth Reddy
    Education
    Mr. Reddy is a B.Tech in Mechanical Engineering from Jawaharlal Nehru Technical University, Hyderabad and also holds a PGDM from IIM-A.
    Experience
    Prior to joining Franklin Templeton Mutual Fund he was associated with ICICI Pru Life Insurance Company Ltd. as Head-Equity (Jun 2004-Feb 2016), HSBC Capital Markets as Equity analyst (Apr 2003-May 2004), ABN Amro Asia Equities as Equity Analyst (Feb 2000-Mar 2003), UTI as Buy Side Analyst (Jun 1997-Feb 2000) and Crompton Greaves as Design Executive (Aug 1993-Jun 1995).
    Funds Managed

    Franklin India Pension Direct Plan Growth Details

    Franklin India Pension Direct Plan Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹419 Cr and the Latest NAV as of 30 Oct 2020 is ₹143.57.

    The Franklin India Pension Direct Plan Growth 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).

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Exit load of 3% if redeemed before the age of 58 yrs.
    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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