| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.06% |
| NAV | ₹3896.35 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹5,213 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Shriram Transport Finance Co. Ltd. | Financial | Debenture | 12.6% |
| Piramal Capital & Housing Finance Ltd. | Financial | Debenture | 7.2% |
| Rishanth Wholesale Trading Pvt. Ltd. | Services | Debenture | 6.8% |
| SD Corporation Pvt Ltd. | Construction | Debenture | 5.3% |
| Edelweiss Agri Value Chain Ltd. | FMCG | Debenture | 4.9% |
| Renew Power Pvt. Ltd. | Engineering | Debenture | 4.6% |
| Andhra Pradesh Capital Region Development Authority | Services | Debenture | 4.3% |
| Andhra Pradesh Capital Region Development Authority | Services | Debenture | 4.2% |
| Edelweiss Rural & Corporate Services Ltd. | Financial | Debenture | 3.8% |
| Sterlite Power Grid Ventures Ltd. | Engineering | Debenture | 3.4% |
Franklin India Short term Income Plan Direct Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Santosh Kamath, Kunal Agrawal is the Current Fund Manager of Franklin India Short term Income Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,213 Cr and the Latest NAV as of 23 Oct 2020 is ₹3896.35.
The Franklin India Short term Income Plan Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. For units in excess of 10% of the investment, 0.50% will be charged for redemption within 1 year
The scheme aims to generate stable returns by investing in fixed income securities with shorter maturity periods likely to be less than three years. , the average maturity of the portfolio of the scheme is likely to be between 4 months and 12 months, and the maturity of individual securities in the scheme is likely to be less than 3 years.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.