Franklin India Savings Fund Retail Dividend Monthly is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 25 Apr 2014. Sachin Padwal-Desai, Pallab Roy is the Current Fund Manager of Franklin India Savings Fund Retail Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹2,554 Cr and the Latest NAV as of 23 Oct 2019 is ₹10.24.
The Franklin India Savings Fund Retail Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 10000. Nil.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment