Hybrid
Direct
Retirement
NAV as on 06-09-2024
₹ 229.62
1D
Inception Returns
10.9%
/yr
Franklin India Pension Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Anand Radhakrishnan, Sachin Padwal-Desai, Umesh Sharma. This fund gives you the benefit of diversification.
Franklin India Pension Fund Direct Growth has given a CAGR return of 10.93% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.43%, 10.62% and 11.44% respectively.
Franklin India Pension Fund Direct Growth has allocated its funds majorly in Corporate, Government, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Communication, Energy, Consumer Defensive, Utilities, Basic Materials, Cash Equivalent, Real Estate.
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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The Fund seeks to provide investors regular income under the Dividend Plan and capital appreciation under the Growth Plan.
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
Expense ratio | 1.46% |
Benchmark | CRISIL Composite Bond Fund TR INR |
AUM | ₹517 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 3.0% |
Lock In | 5 Years |
TurnOver | 53.91% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderately High risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Corporate, Government & Financial Services
Franklin India Pension Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.13% | 2.13% |
6 Month Returns | 8.78% | 8.78% |
1 Year Returns | 19.43% | 19.43% |
3 Years Returns | 35.37% | 10.62% |
5 Years Returns | 71.9% | 11.44% |
AAA | 83.36 |
AA | 16.64 |