Franklin India Short-Term Income Plan-Growth
Fund House: Franklin Templeton Mutual Fund| Category: Debt: Short Duration |
| Launch Date: 31-01-2002 |
| Asset Class: Fixed Income |
| Benchmark: CRISIL Short-Term Bond TRI |
| Expense Ratio: 0.81% As on (28-02-2021) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 5000.0 |
| Total Assets: 437.1 Cr As on (30-04-2023) |
| Turn over: - | Exit Load: For units in excess of 10% of the investment,0.5% will be charged for redemption within 365 days |
5047.2776
-0.66 (-0.013%)
7.87%
Benchmark: 8.83%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme aims to generate stable returns by investing in fixed income securities with shorter maturity periods likely to be less than three years. , the average maturity of the portfolio of the scheme is likely to be between 4 months and 12 months, and the maturity of individual securities in the scheme is likely to be less than 3 years.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 7.22 |
| Sharpe Ratio | 0.89 |
| Alpha | 6.47 |
| Beta | 0.04 |
| Yield to Maturity | 10.73 |
| Average Maturity | 1.32 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Franklin India Short-Term Income Plan-Growth | 31-01-2002 | 7.9 | 10.93 | 10.49 | 6.55 | 7.62 |
| BANK OF INDIA Short Term Income Fund-Regular Plan- Growth | 18-12-2008 | 13.42 | 15.13 | 11.7 | 3.75 | 5.83 |
| ICICI Prudential Short Term Fund - Growth Option | 01-10-2001 | 7.83 | 5.14 | 5.97 | 7.34 | 7.64 |
| Aditya Birla Sun Life Short Term Fund - Growth - Regular Plan | 09-05-2003 | 7.07 | 4.92 | 6.38 | 7.22 | 7.78 |
| HDFC Short Term Debt Fund - Growth Option | 15-06-2010 | 7.0 | 4.65 | 5.69 | 7.27 | 7.71 |
| Baroda BNP Paribas Short Duration Fund - Regular Plan - Growth Option | 30-06-2010 | 6.98 | 4.28 | 4.91 | 6.25 | 7.22 |
| BANDHAN Bond Fund - Short Term - Regular Plan - Growth | 14-12-2000 | 6.82 | 4.11 | 4.83 | 6.79 | 7.17 |
| Axis Short Term Fund - Regular Plan - Growth Option | 22-01-2010 | 6.8 | 4.62 | 5.35 | 7.04 | 7.32 |
| Axis Short Term Fund - Retail Plan - Growth Option | 05-03-2010 | 6.79 | 4.62 | 5.36 | 7.04 | 7.33 |
| Nippon India Short Term Fund-Growth Plan | 10-12-2002 | 6.66 | 4.44 | 5.49 | 6.84 | 7.23 |
Scheme Characteristics
Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 1 year - 3 years.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
Scheme Documents
Tax Benefits of investing in this fund
Capital gains will be deemed as short-term capital gains (STCG) for units acquired on or after April 1, 2023 and will be taxed at the applicable income tax slab rate**.
Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.
** Capital gains on sale of units acquired on or before March 31, 2023 & redeemed on or after April 1, 2023 will be taxed as below:
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months.
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months.
