| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.10% |
| NAV | ₹1002.22 (22 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,132 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.4% |
| Reserve Bank of India | Financial | T-Bills | 7.0% |
| Reserve Bank of India | Financial | T-Bills | 6.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 5.9% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| Indian Oil Corpn. Ltd. | Energy | CP | 4.7% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 4.7% |
| Reliance Industries Ltd. | Energy | CP | 4.7% |
| Kotak Securities Ltd. | Services | CP | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
Franklin India Liquid Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sachin Padwal-Desai, Pallab Roy is the Current Fund Manager of Franklin India Liquid Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹2,132 Cr and the Latest NAV as of 22 Oct 2020 is ₹1002.22.
The Franklin India Liquid Fund Direct Dividend Daily is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 10000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
The scheme aims to provide current income with high liquidity through 100% investment in debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.