Fund Details
Franklin India Pension Plan IDCW
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.26% |
| NAV | ₹17.71 (17 Jun 2021) |
|---|---|
| Fund Started | 31 Mar 1997 |
| Fund Size | ₹458 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. 10Y 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. Higher expense ratio - 2.26%
3. 1Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 11.9% |
| GOI | Sovereign | GOI Sec | 10.9% |
| GOI | Sovereign | GOI Sec | 6.0% |
| Reserve Bank of India | Financial | T-Bills | 5.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 4.5% |
| GOI | Sovereign | GOI Sec | 4.4% |
| LIC Housing Finance Ltd. | Financial | CP | 4.3% |
| Reliance Jio Infocomm Ltd. | Communication | Debenture | 3.6% |
| HDFC Bank Ltd. | Financial | Equity | 3.6% |
| Axis Bank Ltd. | Financial | Equity | 3.4% |
Fund Managers
Franklin India Pension Plan IDCW Details
Franklin India Pension Plan IDCW is a Solution Oriented Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 31 Mar 1997. Sachin Padwal-Desai, Umesh Sharma, Lakshmikanth Reddy is the Current Fund Manager of Franklin India Pension Plan IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹458 Cr and the Latest NAV as of 17 Jun 2021 is ₹17.71.
The Franklin India Pension Plan IDCW 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).
