Franklin India Short Term Income Fund Direct Growth
Debt
Direct
Other Bond
NAV as on 06-09-2024
₹ 5168.67
Inception Returns
7.2%
/yr
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 7.16% since inception.
Holdings
Franklin India Short Term Income Fund Direct Growth has allocated its funds majorly in Cash Equivalent, 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.
Historical NAV & Returns
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 | 170.18% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (06-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 12.5 Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Basic Materials
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Franklin India Short Term Income Fund Direct Growth | - | 6.36% | 3.82% | 7.16% |
Franklin India Short Term Income Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹0 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% | 0% |
3 Years Returns | 20.34% | 6.36% |
5 Years Returns | 20.62% | 3.82% |
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- Input the amount you are looking to invest.
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