| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.13% |
| NAV | ₹39.00 (03 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,301 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Kotak Mahindra Prime Ltd. | Financial | CP | 9.4% |
| Export-Import Bank Of India | Financial | CD | 7.6% |
| Bank Of Baroda | Financial | CD | 7.5% |
| Fullerton India Credit Corporation Ltd. | Financial | CP | 7.5% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 7.5% |
| Hero FinCorp Ltd. | Financial | CP | 6.0% |
| L&T Infrastructure Finance Co. Ltd. | Financial | CP | 5.6% |
| Reserve Bank of India | Financial | T-Bills | 3.8% |
| Reserve Bank of India | Financial | T-Bills | 3.8% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.8% |
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 ₹1,301 Cr and the Latest NAV as of 03 Aug 2020 is ₹39.00.
The Franklin India Savings Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 10000.
Aims 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 returns, 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.