Franklin India Savings Fund Direct Growth+0.01%

4Groww
9.16%
1 Year Return
Debt
Money Market
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

Franklin India Savings Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.15%
NAV36.99 (08 Nov 2019)
Fund Started01 Jan 2013
Fund Size3,571 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Franklin India Savings Fund Direct Growth
9.2%
8.0%
8.3%
8.6%
Category Average
7.9%
7.1%
7.6%
-
Rank within category
2
2
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 9.2% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. 1Y Returns are higher than the benchmark
    5. 3Y Returns are higher than the benchmark
    6. 5Y Returns are higher than the benchmark
    7. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialCD7.5%
    LIC Housing Finance Ltd.FinancialCP6.0%
    Small Industries Devp. Bank of India Ltd.FinancialSecuritised Debt4.7%
    National Bank For Agriculture & Rural DevelopmentFinancialCD4.6%
    Power Finance Corpn. Ltd.FinancialCP4.0%
    Bank Of BarodaFinancialCD3.8%
    Housing Development Finance Corpn. Ltd.FinancialCP3.7%
    Fullerton India Credit Corporation Ltd.FinancialCP3.7%
    REC Ltd.FinancialCP3.1%
    HDFC Bank Ltd.FinancialCD3.1%
    See All

    Fund Managers

    addUmesh Sharma
    Education
    Mr. Sharma is a B.Com (H), CS and CA.
    Experience
    Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
    Funds Managed

    Other Details

    Franklin India Savings Fund Direct Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Sachin Padwal-Desai, Pallab Roy is the Current Fund Manager of Franklin India Savings Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹3,571 Cr and the Latest NAV as of 08 Nov 2019 is ₹36.99.

    The Franklin India Savings Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 10000. Nil.

    Investment Objective

    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.

    Tax Implications

    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)

    ₹10000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Franklin Templeton Mutual Fund

    Address
    Indiabulls Finance Centre; Tower 2, 12th and 13th Floor; Senapati Bapat Marg; Elphinstone Road (W) Mumbai 400013
    Phone
    022 - 67519100
    Launch Date
    18 Feb 1996
    Franklin Templeton Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Templeton
    Address
    4th Floor, Kuber Complex, Rathyatra Kamachha Rd, Rathyatra Crossing, Near Tanishq Jewelers, Rathyatra, Sidhgiribagh, Varanasi,
    Email
    NA
    Website
    NA
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