1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
Taxability of earnings:
|CCIL T Bill Liquidity Weight||1.62||0.00||0.01||0.11||0.51||1.07||2.07||3.32||3.62||4.06||4.52|
|Debt: Low Duration||3.48||0.01||0.05||0.73||1.42||2.49||4.46||4.76||5.47||6.26||7.22|
As on 20-Oct-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Franklin India Low Duration Fund | Invest Online Now||Feb-00||16.18||6.85||7.33||0.07%||97|
|ICICI Prudential Savings Fund | Invest Now||Sep-02||5.06||7.55||7.34||0.52%||28,496|
|HDFC Low Duration Fund | Invest Online||Nov-99||4.51||7.00||6.70||1.04%||22,082|
|Aditya Birla Sun Life Low Duration Fund | Invest Online||May-98||3.89||6.89||6.74||1.22%||17,539|
|Axis Treasury Advantage Fund||Oct-09||4.00||7.00||6.86||0.61%||10,509|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||4.29||27-Sep-2021 - 04-Oct-2021||-6.74||13-Jan-2020 - 20-Jan-2020|
|Month||5.09||03-Sep-2021 - 04-Oct-2021||-5.99||18-Dec-2019 - 17-Jan-2020|
|Quarter||7.43||06-Jul-2021 - 05-Oct-2021||-9.21||24-Dec-2019 - 24-Mar-2020|
|Year||16.49||07-Oct-2020 - 07-Oct-2021||-6.78||25-Mar-2019 - 24-Mar-2020|
|CCIL T Bill Liquidity Weight||3.34||0.40||-1.54||-3.94||--||--|
|Debt: Low Duration||4.96||4.36||1.42||2.87||-0.67||0.61|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Sep-2021
|Fund||1Y High||1Y Low||Category|
|Number of Securities||4||38||4||60|
|Modified Duration (yrs)||1.02||1.61||0.32||0.67|
|Average Maturity (yrs)||1.13||2.03||0.56||1.00|
|Yield to Maturity (%)||10.86||14.07||5.96||4.50|
|Avg Credit Rating||AA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Clix Capital Services 27/06/2023||Debenture||A+||2.49 - 67.75||64.54|
|SBI Overnight Direct-G||Mutual Fund||--||0.00 - 226.16||11.02|
|9.75% Uttar Pradesh Power Corporation 20/10/2021||Debenture||A+||0.87 - 8.15||7.76|
|JM Financial Credit Solutions 23/07/2024||Debenture||AA||0.13 - 5.75||0.21|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Sep-2021
Education: Mr. Agrawal is a B.Tech from IIT Delhi and PGDM from IIM C.
Experience: Prior to joining Franklin India AMC he has worked with Credits- Portfolio Management, CRISIL Ltd., IBM Ltd. & Infosys Ltd.
Education: Mr. Kamath is a B.E ( Electronics ) from REC Bhopal and PGDM (Management) from XLRI Jamshedpur.
Experience: Prior to joining Franklin Templeton Investments he has worked with ING Vysya AMC, Zurich Asset Management, SBI Mutual, CRISIL and Jardine Fleming Asset Management.
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The Scheme seeks to earn regular income for investors through investment primarily highly rated debt securities. in debt securities.
|Minimum Investment (₹)||10,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||1,000|
|Minimum Balance (₹)||--|
|Lock-in Period||Not Applicable|
|Exit Load||0.5% for redemption within 90 days|
|Fund House:||Franklin Templeton Mutual Fund|
|Return Since Launch:||8.61%|
|Benchmark:||NIFTY Low Duration Debt Index|
|Assets:||₹ 97 Cr (As on 30-Sep-2021)|
|Expense:||0.07% (As on 31-Mar-2021)|
|Plan||Record Date||Dividend (₹ / Unit)|
Fundwire - 23-Apr-2020
AMC: Franklin Templeton Asset Management India Private Ltd
Address: Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West) Mumbai - 400013
Phone: 1800-425-4255 / 60004255
Email: [email protected]
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Email: [email protected]