Franklin India Pension Fund Direct Growth

Hybrid
Direct
Retirement
Franklin India Pension Fund Direct Growth

About the Fund

Franklin India Pension Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sachin Padwal-Desai, Umesh Sharma, Anand Radhakrishnan. This fund gives you the benefit of diversification.

Key Parameters

  1. Franklin India Pension Fund Direct Growth has ₹513 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.5.

Returns

Franklin India Pension Fund Direct Growth has given a CAGR return of 10.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.56%, 10.51% and 10.48% respectively.

Holdings

Franklin India Pension Fund Direct Growth has allocated its funds majorly in Corporate, Government, Financial Services, Industrial, Consumer Cyclical, Tech, Cash Equivalent, Health, Communication, Energy, Utilities, Consumer Defensive, Basic Materials, Real Estate.

Taxation

As it is a retirement mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Franklin India Pension Fund Direct Growth

The Fund seeks to provide investors regular income under the Dividend Plan and capital appreciation under the Growth Plan.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Franklin India Pension Fund Direct Growth of 5 Years

Fund Performance
zero opening, trading, fund transfer fee
45 people have invested ₹ 1.4L in Franklin India Pension Fund Direct Growth in the last three months

Fund Overview

Expense ratio1.47%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹513 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load
3%
Lock In5 Years
TurnOver
60.81%
Risk
Risk meter
pointer
Moderately High risk

Fund Distribution
as on (31-May-24)

  • Equity 39%

  • Debt & Cash 61%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
29%
Industrial
16.3%
Consumer Cyclical
14.5%
Tech
8.4%
Health
6.6%
Communication
6.2%
Energy
5.4%
Utilities
4.9%
Consumer Defensive
4.5%
Basic Materials
3%
Real Estate
1.1%
All changes are between Oct'69 and Dec'69

Sachin Padwal-Desai
Sachin Padwal-Desai
Fund Manager of Franklin India Pension Fund Direct Growth, since 1 February 2011
Umesh Sharma
Umesh Sharma
Fund Manager of Franklin India Pension Fund Direct Growth, since 1 February 2011
Anand Radhakrishnan
Anand Radhakrishnan
Fund Manager of Franklin India Pension Fund Direct Growth, since 6 September 2021

Mutual Fund Insights

Insights icon
In the last 1 year, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 57.11% return, outperforming this fund by 37.55%.
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Over the last 1 month, this fund has experienced a 2.4% growth in AUM moving from 500.87 Cr to 512.71 Cr.
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In the last 5 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 24.93% return, outperforming this fund by 14.44% per annum.
Insights icon
In the last 3 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 32.25% return, outperforming this fund by 21.74% per annum.

Franklin India Pension Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

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

About the fund

This fund has delivered an average annual returns of 10.78% since inception which is less than its category average return of 12.09%
Fund Allocations

Fund Allocations

This fund has an allocation of 38.98% in Equity, 56.72% in Debt and 4.3% in Cash related instruments
AUM size ₹513 Cr

AUM size ₹513 Cr

This fund has AUM of ₹513 Cr which is less than its category average of ₹ 726 Cr
Expense Ratio 1.47%

Expense Ratio 1.47%

This fund has an expense ratio of 1.47% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions

The current NAV of Franklin India Pension Fund Direct Growth is ₹221.16 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Franklin India Pension Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.23%
2.23%
6 Month Returns
9.5%
9.5%
1 Year Returns
19.56%
19.56%
3 Years Returns
34.97%
10.51%
5 Years Returns
64.6%
10.48%
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.
1.47% as on May 2024
₹513 Cr as on May 2024
5.63% Govt Stock 2026(9.75%), 5.74% Govt Stock 2026(9.66%), Small Industries Development Bank of India 7.68%(6.02%), National Bank For Agriculture And Rural Development(5.2%), Bharti Telecom Limited(5.18%) as on May 2024
Corporate(28.67%), Government(28.05%), Financial Services(11.29%) as on May 2024
AAA
91.36
AA
8.64
Sachin Padwal-Desai, Umesh Sharma, Anand Radhakrishnan are the fund managers of Franklin India Pension Fund Direct Growth
The Exit load of Franklin India Pension Fund Direct Growth is 3%