Franklin India Savings Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 30 Apr 2013. Sachin Padwal-Desai, Pallab Roy is the Current Fund Manager of Franklin India Savings Fund Direct Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹4,724 Cr and the Latest NAV as of 24 Jan 2020 is ₹10.08.
The Franklin India Savings Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is 500. Nil.
The Primary objective of the Scheme is to provide income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment