Franklin India Short Term Income Fund Direct Growth
Debt
Direct
Other Bond
NAV as on 21-02-2025
₹ 5168.67
Inception Returns
7.1%
/yr
About Franklin India Short Term Income Fund Direct Growth
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 Santosh Kamath, Kunal Agrawal. 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 7.08% 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:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.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
Franklin India Short Term Income Fund Direct Growth 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 mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (21-Feb-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 12.5 Cr as of Jan'25
- AUM has remained same between Jan'25 and Dec'24
Top 3 Sectors in January were Financial Services, Consumer Cyclical & Basic Materials
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Franklin India Short Term Income Fund Direct Growth | - | 3.46% | 3.75% | 7.08% |
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 for Franklin India Short Term Income Fund Direct Growth
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 | 10.75% | 3.46% |
5 Years Returns | 20.23% | 3.75% |
- 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.