Franklin India Credit Risk Fund Direct Growth
NAV (Sun Jun 11 2023)
₹26
Returns (Since Inception)
9.19%
Category Average
0.00%
Rating
NA
Allocation and Holdings
Asset class
Weightage
Unknown
100.00%
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Overall rating
Scheme Information
Fund name
Franklin India Credit Risk Fund Direct Growth
Minimum SIP
500
Risk Level
High Risk
AUM
₹104.00 Cr
ISIN
INF090I01JL3
Inception Date
Jan 01 2013
Standard Deviation
4.232
Beta
-
Sharpe Ratio
1.062
Benchmark
NIFTY Credit Risk Bond TR INR
Expense Ratio
-
Exit Load
Upto 10% of the Units may be redeemed without any exit load in each year from the date of allotment.* Any redemption in excess of the above limit shall be subject to the following exit load: 3% - if redeemed on or before 12 months from the date of allotment. 2% - if redeemed after 12 months but within 24 months from the date of allotment. 1% - if redeemed after 24 months but within 36 months from the date of allotment. Nil - if redeemed after 36 months from the date of allotment. *This no load redemption limit is applicable on a yearly basis (from the date of allotment of such units) and the limit not availed during a year shall not be clubbed or carried forward to the next year.
Risk
High Risk
Investment Objective
The Fund seeks to provide regular income and capital appreciation through a focus on corporate securities.
Fund Managers
Santosh Kamath
Kunal Agrawal
About the AMC
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Phone Number
+91 22 6751 9100Email Address
service@templeton.comCorporate Office Address
One International Centre, Tower 2, 12th and 13th Floor,Senapati Bapat Marg, Elphinstone Road (West), MumbaiOverall AUM
₹104.00 Cr
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Expert designed mutual fund portfolios
Mutual Funds are a smart way to grow your money. They can help you achieve your financial goals as they have the potential to generate higher-than-inflation returns.
frequently asked questions
view all FAQsWhat is the current NAV of Franklin India Credit Risk Fund Direct Growth?
The NAV of Franklin India Credit Risk Fund Direct Growth is ₹26 as of Sun Jun 11 2023.
Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.
Who is the fund manager of Franklin India Credit Risk Fund Direct Growth?
Santosh Kamath is the current fund manager of Franklin India Credit Risk Fund Direct Growth as on Fri Sep 20 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.
What is the expense ratio of Franklin India Credit Risk Fund Direct Growth?
The Expense Ratio of Franklin India Credit Risk Fund Direct Growth is 0.00% as of Fri Sep 20 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 0.00% of those returns will be retained by the AMC.
The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).
Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.
What is the minimum SIP amount of Franklin India Credit Risk Fund Direct Growth?
The minimum Systematic Investment Plan (SIP) amount required for Franklin India Credit Risk Fund Direct Growth is ₹500. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.
What is the minimum lump sum amount required to invest in Franklin India Credit Risk Fund Direct Growth?
To initiate a lump sum investment in Franklin India Credit Risk Fund Direct Growth, a minimum initial amount of ₹5,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.
What is risk category of the Franklin India Credit Risk Fund Direct Growth?
In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Franklin India Credit Risk Fund Direct Growth is classified as High Risk.
What is the category of Franklin India Credit Risk Fund Direct Growth?
The category of the Franklin India Credit Risk Fund Direct Growth is Fixed Income.