|Min SIP Amount||Not Supported|
|NAV||₹4347.90 (12 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹4,657 Cr|
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 ₹4,657 Cr and the Latest NAV as of 12 May 2021 is ₹4347.90.
The Franklin India Short term Income Plan Direct Growth is rated Very High 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.