Franklin India Credit Risk Fund Direct Growth
Debt
Direct
Other Bond
NAV as on 11-06-2023
₹ 25.57
▲0.1%
1D
Inception Returns
8.1%
/yr
About Franklin India Credit Risk Fund Direct Growth
Franklin India Credit Risk 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 Credit Risk Fund Direct Growth has ₹104 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.
Returns
Franklin India Credit Risk Fund Direct Growth has given a CAGR return of 8.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.45%, 9.19% and 6.22% respectively.
Holdings
Franklin India Credit Risk Fund Direct Growth 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 Growth
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 Growth has no lock in period.
Historical NAV & Returns
Franklin India Credit Risk Fund Direct Growth Overview
| Expense ratio | 0.04% |
Benchmark | NIFTY Credit Risk Bond TR INR |
| AUM | ₹104 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 3.0% |
| Lock In | No Lock-in |
TurnOver | 84.68% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   High Risk |
Trailing Returns
as on (11-Jun-23)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 104 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Vodafone Idea Limited | 100% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Franklin India Credit Risk Fund Direct Growth | 7.45% | 9.19% | 6.22% | 8.11% |
Mutual Fund Insights
Franklin India Credit Risk Fund Direct Growth Highlights
High Risk
About the fund
AUM size ₹104 Cr
Expense Ratio 0.04%
Frequently Asked Questions for Franklin India Credit Risk Fund Direct Growth
Franklin India Credit Risk Fund Direct Growth | 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 | 35.22% | 6.22% |
- 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.
B | 100 |