Franklin India Low Duration Fund Direct Growth

Franklin India Low Duration Fund Direct Growth is a debt fund. This fund was started on 6 March, 2025. The fund is managed by Rahul Goswami, Chandni Gupta, Rohan Maru. This fund is suitable to keep your money safe.

1. Franklin India Low Duration Fund Direct Growth has ₹331 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.3.
   

Franklin India Low Duration Fund Direct Growth has given a CAGR return of 2.11% since inception.

Franklin India Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Rural Electrification Corporation Limited, Small Industries Development Bank Of India, Tata Capital Limited, Power Finance Corp Ltd. 7.75%, ICICI Home Finance Limited

As it is a low duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The objective of the scheme is to generate income by investing in debt and money market instruments, with Macaulay duration of the portfolio between 6 to 12 months. However, there is no assurance that the investment objective of the Scheme will be achieved

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Low Duration Fund Direct Growth has no lock in period.