Franklin India Short term Income Plan Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Santosh Kamath, Kunal Agrawal is the Current Fund Manager of Franklin India Short term Income Plan Direct Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹13,274 Cr and the Latest NAV as of 21 Aug 2019 is ₹1074.6.
The Franklin India Short term Income Plan Direct Dividend Weekly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 0.50% will be charged for redemption within 1 year.
Investment Objective
Seeks to provide stable returns by investing in shorter term fixed income securities.
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)
₹5000
Min for First Investment
₹5000
Min for Second Investment
For units in excess of 10% of the investment, 0.50% will be charged for redemption within 1 year
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