Franklin India Savings Fund Retail Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 11 Feb 2002. Sachin Padwal-Desai, Pallab Roy is the Current Fund Manager of Franklin India Savings Fund Retail Growth.The fund currently has an Asset Under Management(AUM) of ₹2,899 Cr and the Latest NAV as of 16 Sep 2019 is ₹35.75.
The Franklin India Savings Fund Retail 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