Franklin India Equity Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 14 Jan 2013. Anand Radhakrishnan, R Janakiraman, Srikesh Nair is the Current Fund Manager of Franklin India Equity Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹11,194 Cr and the Latest NAV as of 24 Jan 2020 is ₹40.46.
The Franklin India Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
Investment Objective
Aims to achieve growth of capital and dividend through a diversified portfolio.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load