|Risk||Low to Moderate|
|Min SIP Amount||₹500|
|NAV||₹40.01 (16 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,163 Cr|
|Reserve Bank of India||Financial||T-Bills||12.4%|
|Reserve Bank of India||Financial||T-Bills||8.3%|
|Axis Bank Ltd.||Financial||CD||4.3%|
|Reliance Retail Ventures Ltd.||Services||CP||4.3%|
|LIC Housing Finance Ltd.||Financial||CP||4.3%|
|Reliance Industries Ltd.||Energy||CP||4.2%|
|ICICI Securities Ltd.||Financial||CP||4.2%|
|Export-Import Bank Of India||Financial||CD||4.2%|
Franklin India Savings Fund Direct Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sachin Padwal-Desai, Pallab Roy is the Current Fund Manager of Franklin India Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,163 Cr and the Latest NAV as of 16 Apr 2021 is ₹40.01.
The Franklin India Savings Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 10000.
The Scheme seeks to provide income and liquidity consistent with the prudent risk from a portfolio comprising of 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.