Fund Details
Franklin India Savings Fund Retail Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.29% |
| NAV | ₹39.39 (23 Jul 2021) |
|---|---|
| Fund Started | 11 Feb 2002 |
| Fund Size | ₹1,054 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Lower expense ratio - 0.29%
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 9.7% |
| Reserve Bank of India | Financial | T-Bills | 9.2% |
| GOI | Sovereign | CGL | 4.8% |
| Axis Bank Ltd. | Financial | CD | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| Export-Import Bank Of India | Financial | CD | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| L&T Finance Ltd. | Financial | CP | 4.6% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 4.6% |
Fund Managers
Franklin India Savings Fund Retail Growth Details
Franklin India Savings Fund Retail Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 11 Feb 2002. Sachin Padwal-Desai, Pallab Roy is the Current Fund Manager of Franklin India Savings Fund Retail Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,054 Cr and the Latest NAV as of 23 Jul 2021 is ₹39.39.
The Franklin India Savings Fund Retail Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 10000.
Investment Objective
The Scheme seeks to provide income and liquidity consistent with the prudent risk from a portfolio comprising of 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.
