Franklin India Short Term Income Fund Direct Growth
About the Fund
Franklin India Short Term Income Fund Direct Growth 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
- Franklin India Short Term Income Fund Direct Growth has ₹13 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.
Returns
Franklin India Short Term Income Fund Direct Growth has given a CAGR return of 7.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.73%, 6.90% and 3.91% respectively.
Holdings
Franklin India Short Term Income Fund Direct Growth has allocated its funds majorly in Financial Services, Consumer Cyclical, Basic Materials. Its top holdings are
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 Short Term Income Fund Direct Growth
The objective of the Scheme is to provide investors stable returns by investing in fixed income 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 Short Term Income Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.04% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹13 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 23.35% |
| Risk |   Moderate Risk |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Franklin India Short Term Income Fund Direct Growth | 0.7% | 6.9% | 3.9% | 7.2% |
Mutual Fund Insights
Franklin India Short Term Income Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹13 Cr
Expense Ratio 0.04%
Frequently Asked Questions
Franklin India Short Term Income Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0.73% | 0.73% |
3 Years Returns | 22.18% | 6.9% |
5 Years Returns | 21.15% | 3.91% |
- 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.