Franklin India Liquid Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Sachin Padwal-Desai, Pallab Roy is the Current Fund Manager of Franklin India Liquid Fund Direct Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹11,999 Cr and the Latest NAV as of 06 Dec 2019 is ₹1001.84.
The Franklin India Liquid Fund Direct Dividend Daily is rated Low risk. Minimum SIP Investment is 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..
Investment Objective
The investment objective of the scheme is to provide current income along with high liquidity.
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)
₹10000
Min for First Investment
₹1000
Min for Second Investment
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.
Exit Load