| Launch date | 21 Nov 2024 |
| Allotment date | 11 Dec 2024 |
| End date | 04 Dec 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Anuj TagraNov 2024 - PresentView details
Chandni GuptaNov 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #11 in India |
|---|---|
| Total AUM | ₹1,02,615.33Cr |
| Date of Incorporation | 19 Feb 1996 |
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Franklin India Long Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 19 Feb 1996. Anuj Tagra is the Current Fund Manager of Franklin India Long Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,02,615 Cr and the Latest NAV as of 24 Dec 2024 is ₹9.99. The Franklin India Long Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. ;
Investment Objective
The scheme seeks to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is greater than 7 years. ;
| Fund benchmark | CRISIL Long Duration Debt A-III Index |
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