Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Debt
Direct
Other Bond
Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kunal Agrawal, Santosh Kamath. This fund is suitable to keep your money safe.

Key Parameters

  1. Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹104 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.

Returns

Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 6.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.45%, 9.19% and 4.90% respectively.

Holdings

Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent. Its top holdings are Vodafone Idea Limited

Taxation

As it is a other bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl

The Fund seeks to provide regular income and capital appreciation through a focus on corporate securities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.04%
Benchmark
Benchmark
NIFTY Credit Risk Bond TR INR
AUM
AUM
₹104 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
3%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
84.68%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

B
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
100%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Vodafone Idea Limited
Vodafone Idea Limited
100%
0%

  • Returns %

  • Fund Ratios

  • Overview

Kunal Agrawal
Kunal Agrawal
Fund Manager of Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 4 June 2021
Santosh Kamath
Santosh Kamath
Fund Manager of Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 8 December 2011

Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.44% since inception which is less than its category average return of 21.67%
AUM size ₹104 Cr

AUM size ₹104 Cr

This fund has AUM of ₹104 Cr which is more than its category average of ₹ 63 Cr
Expense Ratio 0.04%

Expense Ratio 0.04%

This fund has an expense ratio of 0.04% which is less than its category average expense ratio of 0.12%

Frequently Asked Questions

The current NAV of Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹14.01 as on 11-Jun-2023.
Existing (Absolute + CAGR) as on 11-Jun-2023.
Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.91%
0.91%
6 Month Returns
4.96%
4.96%
1 Year Returns
7.45%
7.45%
3 Years Returns
30.18%
9.19%
5 Years Returns
27%
4.9%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.04% as on May 2024
₹104 Cr as on May 2024
B
100
Kunal Agrawal, Santosh Kamath are the fund managers of Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Franklin India Credit Risk Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 3%