Franklin India Taxshield Direct Growth is a Equity Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. R Janakiraman, Lakshmikanth Reddy is the Current Fund Manager of Franklin India Taxshield Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹3,985 Cr and the Latest NAV as of 14 Oct 2019 is ₹583.91.
The Franklin India Taxshield Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
The Scheme aims to provide growth of capital along with income tax exemption benefits to investors.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment