|Min SIP Amount||₹500|
|NAV||₹8.70 (05 Aug 2020)|
|Fund Started||16 May 2014|
|Fund Size||₹17 Cr|
|Franklin India Feeder - Franklin European Growth Fund||Financial||Forgn.MF- Equity||98.2%|
Franklin India Feeder Franklin European Growth Fund Direct Growth is a Others Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 16 May 2014. Srikesh Nair is the Current Fund Manager of Franklin India Feeder Franklin European Growth Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹17 Cr and the Latest NAV as of 05 Aug 2020 is ₹8.70.
The Franklin India Feeder Franklin European Growth Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within one year.
The Fund seeks to provide capital appreciation by investing predominantly in units of Franklin European Growth Fund, an overseas equity fund which primarily invests in securities of issuers incorporated or having their principal business in European countries. However, there is no assurance or guarantee that the objective of the scheme will be achieved.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.