Fund Details
Franklin India Short term Income Plan Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.06% |
| NAV | ₹4135.84 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹5,561 Cr |
Returns
Comparison
1. Lower expense ratio - 0.06%
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Shriram Transport Finance Co. Ltd. | Financial | Debenture | 12.7% |
| Piramal Capital & Housing Finance Ltd. | Financial | Debenture | 6.9% |
| Rishanth Wholesale Trading Pvt. Ltd. | Services | Debenture | 6.2% |
| Edelweiss Agri Value Chain Ltd. | FMCG | Debenture | 4.8% |
| Renew Power Pvt. Ltd. | Engineering | Debenture | 4.4% |
| Andhra Pradesh Capital Region Development Authority | Services | Debenture | 4.1% |
| Andhra Pradesh Capital Region Development Authority | Services | Debenture | 4.0% |
| Edelweiss Rural & Corporate Services Ltd. | Financial | Debenture | 3.6% |
| Star Health & Allied Insurance Co. Ltd. | Financial | Debenture | 2.8% |
| Narmada Wind Energy Pvt. Ltd. | Energy | Debenture | 2.5% |
Fund Managers
Franklin India Short term Income Plan Direct Growth Details
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 ₹5,561 Cr and the Latest NAV as of 25 Jan 2021 is ₹4135.84.
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
Investment Objective
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.
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.
