|Min SIP Amount||Not Supported|
|NAV||₹10.57 (10 Jul 2020)|
|Fund Started||25 Apr 2014|
|Fund Size||₹1,412 Cr|
|Hero FinCorp Ltd.||Financial||CP||12.5%|
|Kotak Mahindra Prime Ltd.||Financial||CP||12.1%|
|L&T Infrastructure Finance Co. Ltd.||Financial||CP||10.4%|
|Export-Import Bank Of India||Financial||CD||7.0%|
|Bank Of Baroda||Financial||CD||6.9%|
|Fullerton India Credit Corporation Ltd.||Financial||CP||6.9%|
|Reliance Jio Infocomm Ltd.||Communication||CP||6.8%|
|L&T Infrastructure Finance Co. Ltd.||Financial||CP||6.8%|
|Axis Bank Ltd.||Financial||CD||3.5%|
|Bank Of Baroda||Financial||CD||3.4%|
Franklin India Savings Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 25 Apr 2014. Sachin Padwal-Desai, Pallab Roy is the Current Fund Manager of Franklin India Savings Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,412 Cr and the Latest NAV as of 10 Jul 2020 is ₹10.57.
The Franklin India Savings Fund Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 500.
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.