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Franklin India Savings Fund - Direct Plan

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Debt: Money Market

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

Money Market debt funds invest in bonds with a maturity of up to one 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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(₹)
cal
cal

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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 4.57 0.01 0.08 0.48 2.15 3.97 7.64 7.84 8.07 8.56 --
CCIL T Bill Liquidity Weight 2.19 0.03 0.04 0.17 0.67 1.84 3.72 4.06 4.27 4.77 --
Debt: Money Market 4.08 0.01 0.08 0.41 1.83 3.49 6.98 7.36 7.56 8.10 --
Rank within category 5 14 13 4 7 5 4 4 2 2 --
Number of funds in category 19 20 20 20 20 19 18 13 13 13 0

As on 05-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Savings Fund - Direct Plan  | Invest Online Now
5 star
 Jan-13 7.64 7.84 8.07 0.13 1,301
SBI Savings Fund - Direct Plan  | Invest Online
4 star
 Jan-13 7.49 7.67 8.04 0.23 15,422
HDFC Money Market Fund - Direct Plan  | Invest Online
4 star
 Jan-13 7.88 7.85 7.69 0.21 9,713
Aditya Birla Sun Life Money Manager Fund - Direct Plan  | Invest Online
4 star
 Jan-13 7.76 7.97 7.81 0.18 9,214
Nippon India Money Market Fund - Direct Plan  | Invest Online
4 star
 Jan-13 7.22 7.73 7.63 0.15 4,265

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.57 (24-Mar-2020 - 31-Mar-2020) -1.05 (17-Mar-2020 - 24-Mar-2020)
Month 2.25 (24-Mar-2020 - 23-Apr-2020) -0.62 (25-Feb-2020 - 26-Mar-2020)
Quarter 3.78 (24-Mar-2020 - 24-Jun-2020) 0.16 (24-Dec-2019 - 24-Mar-2020)
Year 10.59 (20-Aug-2013 - 20-Aug-2014) 6.55 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.60 0.64 3.74 7.95 1.15 3.75
CCIL T Bill Liquidity Weight 4.03 0.29 -4.08 -7.51 -- --
Debt: Money Market 7.13 0.78 3.50 9.46 0.70 2.74
Rank within category 3 11 10 9 14 1
Number of funds in category 15 15 15 15 15 15

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

As on 31-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 22 58 20 31
Modified Duration (yrs) 0.48 0.67 0.32 0.43
Average Maturity (yrs) 0.50 0.71 0.34 0.42
Yield to Maturity (%) 4.20 6.80 4.20 3.94

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down Kotak Mahindra Prime 344-D 27/11/2020 Commercial Paper A1+ 0.00 - 12.09 9.43
equal Export-Import Bank 181-D 14/10/2020 Certificate of Deposit A1+ 0.00 - 7.61 7.61
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 7.52 7.52
equal Fullerton India Credit 365-D 08/12/2020 Commercial Paper A1+ 0.00 - 7.51 7.51
equal Reliance Jio Infocomm 365-D 09/02/2021 Commercial Paper A1+ 0.00 - 7.48 7.48
down Hero FinCorp 364-D 30/10/2020 Commercial Paper A1+ 0.00 - 12.47 6.05
down L&T Infrastructre Finance 354-D 29/01/2021 Commercial Paper A1+ 0.00 - 6.82 5.59
new Reserve Bank of India 91-D 16/07/2020 Treasury Bills SOV 0.00 - 3.84 3.84
equal HDFC 363-D 13/01/2021 Commercial Paper A1+ 0.00 - 3.75 3.75
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 3.75 3.75
new Reserve Bank of India 364-D 25/03/2021 Treasury Bills SOV 0.00 - 3.75 3.75
new Reserve Bank of India 364-D 30/03/2021 Treasury Bills SOV 0.00 - 3.75 3.75
equal Bajaj Housing Finance 366-D 29/01/2021 Commercial Paper A1+ 0.00 - 3.74 3.74
new Reliance Industries 263-D 05/03/2021 Commercial Paper A1+ 0.00 - 3.74 3.74
equal L&T Infrastructre Finance 364-D 08/02/2021 Commercial Paper A1+ 0.00 - 3.72 3.72
equal Kotak Mahindra Investments 336-D 23/03/2021 Commercial Paper A1+ 0.00 - 3.71 3.71
new National Bank Agr. Rur. Devp 2021 Certificate of Deposit A1+ 0.00 - 3.70 3.70
equal ICICI Bank 14/09/2020 Certificate of Deposit A1+ 0.00 - 3.05 3.05
equal National Bank Agr. Rur. Devp 2020 Certificate of Deposit A1+ 0.00 - 4.64 1.92
new National Bank Agr. Rur. Devp 2021 Certificate of Deposit A1+ 0.00 - 2.84 1.88
equal National Bank Agr. Rur. Devp 2021 Commercial Paper A1+ 0.00 - 1.70 0.77
equal Rabo Bank India 27/11/2020 Certificate of Deposit A1+ 0.00 - 0.20 0.15

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 30-Jun-2020

Fund Manager

— Pallab Roy since 01-Jan-2013

Education: Mr. Roy is a M.Com and MBA (Finance).

Experience: He has been associated with Franklin Templeton Investments since 2001.

Funds Managed:

— Umesh Sharma since 25-Oct-2018

Education: Mr. Sharma is a B.Com (H), CS and CA.

Experience: Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.

Funds Managed:

Invest Online Now
0.01%

Change from previous, NAV as on 05-Aug-2020

Growth: ₹ 39.0079

Dividend Quarterly: ₹ 11.2669

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Dividend Monthly: ₹ 10.5390

Dividend Daily: ₹ 10.1215

Investment Strategy

The Scheme seeks to provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market instruments.

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 2,000
Exit Load 0

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.52%
Benchmark: NIFTY Money Market
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 1,301 Cr (As on 30-Jun-2020)
Expense: 0.13% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily05-Aug-20200.0013

 04-Aug-20200.0017
 03-Aug-20200.0026
 31-Jul-20200.0010
 30-Jul-20200.0009
 29-Jul-20200.0010
 28-Jul-20200.0004
 27-Jul-20200.0028
 24-Jul-20200.0004
 23-Jul-20200.0016
 22-Jul-20200.0007
 21-Jul-20200.0019
 20-Jul-20200.0027
 17-Jul-20200.0010
 16-Jul-20200.0010
 15-Jul-20200.0013
 14-Jul-20200.0003
 13-Jul-20200.0043
 10-Jul-20200.0015
 09-Jul-20200.0014
 08-Jul-20200.0015
 07-Jul-20200.0024
 06-Jul-20200.0052
 03-Jul-20200.0057
 02-Jul-20200.0018
Dividend Monthly24-Jul-20200.0601

 19-Jun-20200.0601
 22-May-20200.0601
 17-Apr-20200.0585
 20-Mar-20200.0468
 20-Feb-20200.0468
 24-Jan-20200.0468
 20-Dec-20190.0468
 22-Nov-20190.0468
 18-Oct-20190.0468
 20-Sep-20190.0468
 23-Aug-20190.0468
 19-Jul-20190.0468
 21-Jun-20190.0468
 24-May-20190.0468
 18-Apr-20190.0468
 22-Mar-20190.0468
 15-Feb-20190.0468
 18-Jan-20190.0468
 21-Dec-20180.0432
 22-Nov-20180.0432
 19-Oct-20180.0396
 21-Sep-20180.0396
 24-Aug-20180.0396
 20-Jul-20180.0360
Dividend Quarterly19-Jun-20200.2035

 20-Mar-20200.1585
 20-Dec-20190.1585
 20-Sep-20190.1585
 21-Jun-20190.1585
 22-Mar-20190.1585
 21-Dec-20180.1585
 21-Sep-20180.1585
 15-Jun-20180.1585
 16-Mar-20180.1589
 15-Dec-20170.1589
 15-Sep-20170.1589
 16-Jun-20170.1589
 17-Mar-20170.1589
 16-Dec-20160.1589
 16-Sep-20160.1589
 17-Jun-20160.1589
 28-Mar-20160.1589
 18-Dec-20150.1589
 18-Sep-20150.1589
 19-Jun-20150.1589
 20-Mar-20150.1597
 19-Dec-20140.1597
 19-Sep-20140.1714
 20-Jun-20140.1714

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: Franklin Templeton Asset Management (India) Pvt. Ltd.

Address: Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi Chennai - 600096

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