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Franklin India Low Duration Fund

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Debt: Low Duration

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1 Lakh

Investment Grown to
₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.32 Lakh

Suitability:

"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:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.46 0.05 0.29 0.74 4.94 12.43 16.64 7.59 7.88 8.41 8.88
CCIL T Bill Liquidity Weight 0.09 0.01 0.06 0.18 0.52 1.04 2.10 3.09 3.50 3.91 4.43
Debt: Low Duration 0.19 0.01 0.08 0.29 0.74 1.87 3.87 4.22 5.22 6.03 7.04

As on 18-Jan-2022

Peer Comparison

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
Unrated
 Feb-00 16.64 7.59 7.88 0.07% 43
ICICI Prudential Savings Fund  | Invest Now
5 star
 Sep-02 3.80 6.91 6.98 0.52% 26,625
HDFC Low Duration Fund  | Invest Online
4 star
 Nov-99 3.76 6.48 6.44 1.04% 19,527
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
 May-98 3.80 6.35 6.51 1.23% 15,125
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
 Mar-08 3.65 6.44 6.73 1.18% 10,161

Best & Worst Performance

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 9.39 31-Aug-2021 - 30-Nov-2021 -9.21 24-Dec-2019 - 24-Mar-2020
Year 18.07 03-Dec-2020 - 03-Dec-2021 -6.78 25-Mar-2019 - 24-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.53 5.54 0.69 0.60 -4.65 1.00
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Low Duration 4.46 4.36 1.22 2.76 -0.84 0.22

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 2 26 2 56
Modified Duration (yrs) 1.34 1.61 0.32 0.66
Average Maturity (yrs) 1.47 2.03 0.56 0.87
Yield to Maturity (%) 13.04 14.07 5.96 4.84
Avg Credit Rating A -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down Clix Capital Services 27/06/2023 Debenture A+ 2.49 - 98.93 98.83
down SBI Overnight Direct-G Mutual Fund -- 0.00 - 226.16 1.32

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

Fund Manager

— Kunal Agrawal since 15-Apr-2014

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.

Funds Managed:

— Santosh Kamath since 15-Apr-2014

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.

Interviews:

Funds Managed:

0.05%

Change from previous, NAV as on 18-Jan-2022

Growth: ₹ 26.5637

IDCW Quarterly: ₹ 12.0298

IDCW Monthly: ₹ 12.2485

Investment Strategy

The Scheme seeks to earn regular income for investors through investment primarily highly rated debt securities. in debt securities.

Investment Details

Min. Investment (₹) 10,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 1,000
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0.5% for redemption within 90 days

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 07-Feb-2000
Return Since Launch: 8.87%
Benchmark: NIFTY Low Duration Debt Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 43 Cr (As on 31-Dec-2021)
Expense: 0.07% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly20-Dec-20190.0504

 22-Nov-20190.0504
 18-Oct-20190.0504
 20-Sep-20190.0504
 23-Aug-20190.0504
 19-Jul-20190.0504
 21-Jun-20190.0504
 24-May-20190.0576
 18-Apr-20190.0576
 22-Mar-20190.0576
 15-Feb-20190.0468
 18-Jan-20190.0540
 21-Dec-20180.0540
 22-Nov-20180.0540
 19-Oct-20180.0360
 21-Sep-20180.0396
 24-Aug-20180.0576
 20-Jul-20180.0576
 15-Jun-20180.0288
 18-May-20180.0144
 20-Apr-20180.0612
 16-Mar-20180.0361
 16-Feb-20180.0506
 19-Jan-20180.0506
 15-Dec-20170.0506
IDCW Quarterly20-Dec-20190.1080

 20-Sep-20190.1441
 21-Jun-20190.1441
 22-Mar-20190.1729
 21-Dec-20180.1621
 21-Sep-20180.1621
 15-Jun-20180.1333
 16-Mar-20180.0939
 15-Dec-20170.1445
 15-Sep-20170.1770
 16-Jun-20170.1445
 17-Mar-20170.1445
 16-Dec-20160.2022
 16-Sep-20160.1950
 17-Jun-20160.1950
 28-Mar-20160.1445
 18-Dec-20150.1697
 18-Sep-20150.1733
 19-Jun-20150.1661
 20-Mar-20150.1691
 19-Dec-20140.1800
 19-Sep-20140.1753
 20-Jun-20140.2104
 21-Mar-20140.1753
 27-Dec-20130.2104

Contact Information

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]

Website: http://www.franklintempletonindia.com

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

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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