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Unrated

Franklin India Pension Fund


Hybrid: Balanced Hybrid

1 Lakh

Investment Grown to
₹ 1.14 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.83 Lakh

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

Balanced hybrid funds invest roughly half of your money in equity shares and the rest in bonds and commodities. Their returns are lower than pure equity funds which invest all your money in shares, but they also fall less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to its sharp ups and downs.

Like all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than three years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -0.98 0.34 0.84 2.63 6.68 -1.32 3.27 4.32 6.18 9.70 8.94
VR Balanced TRI -8.10 0.88 2.15 6.47 15.84 -8.44 -3.22 5.46 6.83 9.93 8.41
Hybrid: Balanced Hybrid -5.99 0.36 1.40 4.39 10.09 -6.41 -2.00 1.68 4.82 8.38 7.46
Rank within category 2 7 10 10 9 2 1 3 2 2 2
Number of funds in category 10 10 10 10 10 10 10 10 8 8 8

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Pension Fund  | Invest Online Now
Unrated
Mar-97 3.27 4.32 6.18 2.27 407
ICICI Prudential Asset Allocator (FOF) Fund  | Invest Now
Unrated
Dec-03 1.80 6.10 8.57 1.22 6,964
UTI Children's Career Fund-Savings Plan - Regular Plan  | Invest Online
Unrated
Jul-93 1.12 1.69 5.43 1.78 3,303
UTI Retirement Benefit Pension Fund - Regular Plan  | Invest Online
Unrated
Dec-94 0.79 1.12 5.19 2.06 2,636
Axis Children's Gift - Regular Plan  | Invest Online
Unrated
Dec-15 2.35 5.70 -- 2.47 434

Best & Worst Performance

Best (Period) Worst (Period)
Week 7.45 (12-May-2009 - 19-May-2009) -6.90 (10-Sep-2001 - 17-Sep-2001)
Month 11.65 (11-May-2009 - 10-Jun-2009) -13.85 (20-Feb-2020 - 23-Mar-2020)
Quarter 26.93 (09-Mar-2009 - 10-Jun-2009) -15.45 (02-Sep-2008 - 02-Dec-2008)
Year 45.73 (24-Apr-2003 - 23-Apr-2004) -25.90 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.19 7.36 -0.15 -0.17 0.41 -1.36
VR Balanced TRI 5.91 17.27 0.04 0.04 -- --
Hybrid: Balanced Hybrid 2.02 12.94 -0.27 -0.28 0.69 -3.70
Rank within category 3 1 3 3 1 3
Number of funds in category 10 10 10 10 10 10

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 32
Top 10 Holdings (%) 55.95
Top 5 Holdings (%) 32.77
Top 3 Sectors (%) 16.41
Portfolio P/B Ratio 1.71
Portfolio P/E Ratio 14.99

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 6.45% GOI 2029 GOI Securities SOV 0.00 - 18.74 8.87
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 7.87 6.89
equal 9.00% State Bank of India 2021 Bonds AA+ 0.00 - 6.21 6.21
new Reserve Bank of India 77-D 16/06/2020 Treasury Bills SOV 0.00 - 5.40 5.40
new Reserve Bank of India 84-D Treasury Bills SOV 0.00 - 5.39 5.39
new 6.95% HDFC 27/04/2023 Debenture AAA 0.00 - 4.95 4.95
new Reserve Bank of India 182-D 11/06/2020 Treasury Bills SOV 0.00 - 4.91 4.91
new Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 4.78 4.78
equal KKR India Financial Services 2021 Debenture AA 0.00 - 4.55 4.55
equal 9.25% Reliance Jio Infocomm 16/06/2024 Debenture AAA 0.00 - 3.99 3.99
equal 8.80% REC 14/05/2029 Debenture AAA 0.00 - 3.93 2.75
new 6.18% GOI 2024 GOI Securities SOV 0.00 - 2.31 2.31
equal 8.85% REC 16/04/2029 Non Convertible Debenture AAA 0.00 - 1.58 1.57
equal 8.90% Vedanta 2021 Non Convertible Debenture AA 0.00 - 1.46 1.39
equal 9.00% Indostar Capital Finance 2023 Debenture AA- 0.00 - 1.21 1.20
new Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 1.19 1.19
down 9.25% Power Finance Corp. 25/09/2024 Non Convertible Debenture AAA 0.00 - 2.61 1.18
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 0.13 0.13

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 22.68 4.55 3.31 3.69
equal Bharti Airtel Communication -- 2.79 1.11 2.79
equal Axis Bank Financial 69.10 3.77 1.90 1.95
equal Infosys Technology 20.06 2.13 1.56 1.87
equal ICICI Bank Financial 25.08 2.46 0.38 1.68
equal Kotak Mahindra Bank Financial 31.51 2.01 1.25 1.62
equal Petronet LNG Energy 14.70 1.21 0.50 1.18
equal Grasim Industries Construction 9.17 1.96 0.00 1.16
equal Balkrishna Industries Automobile 25.53 1.25 0.64 1.06
equal Colgate-Palmolive FMCG 46.02 0.94 0.20 0.90
equal Hindalco Inds. Metals 9.83 1.42 0.00 0.87
equal Gujarat State Petronet Energy 6.78 0.94 0.62 0.82
equal HPCL Energy 11.86 1.49 0.00 0.75
equal Mahindra & Mahindra Automobile 548.57 1.47 0.46 0.71
equal Voltas Cons Durable 35.88 0.94 0.67 0.71
equal Cadila Healthcare Healthcare 30.98 0.93 0.37 0.61
equal Tata Steel Metals 26.64 1.02 0.00 0.54
equal NTPC Energy 13.41 0.73 0.00 0.53
equal Power Grid Corporation Energy 9.57 1.01 0.00 0.51
equal Torrent Pharmaceuticals Healthcare 39.02 0.41 0.20 0.41
equal BPCL Energy 26.74 1.18 0.33 0.36
equal United Breweries FMCG 66.16 0.50 0.28 0.35
equal State Bank of India Financial 8.99 2.39 0.35 0.35
equal Bajaj Auto Automobile 16.00 0.50 0.00 0.33
equal Cummins India Engineering 15.73 0.75 0.25 0.30

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-May-2020

Fund Manager

— Krishna Prasad Natarajan since 01-Jan-2019

Education: Mr. Natarajan has done B.E. (Chemical Engineering), PGDIM & CFA

Experience: Prior to joining Franklin Templeton Mutual Fund, he has worked with kotak Institutional Equity, JM Financial and Nomura.

Funds Managed:

— Lakshmikanth Reddy since 02-May-2016

Education: Mr. Reddy is a B.Tech in Mechanical Engineering from Jawaharlal Nehru Technical University, Hyderabad and also holds a PGDM from IIM-A.

Experience: Prior to joining Franklin Templeton Mutual Fund he was associated with ICICI Pru Life Insurance Company Ltd. as Head-Equity (Jun 2004-Feb 2016), HSBC Capital Markets as Equity analyst (Apr 2003-May 2004), ABN Amro Asia Equities as Equity Analyst (Feb 2000-Mar 2003), UTI as Buy Side Analyst (Jun 1997-Feb 2000) and Crompton Greaves as Design Executive (Aug 1993-Jun 1995).

Funds Managed:

— Sachin Padwal-Desai since 07-Aug-2006

Education: Mr. Desai is a B.E and PGDM from IIM Bangalore.

Experience: Prior to joining Sundaram Mutual Fund he has worked with ICICI Bank, Infosys Technologies and Thermax.

Funds Managed:

— Umesh Sharma since 05-Jul-2010

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:


0.34%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 132.8583

Dividend: ₹ 16.3891


Investment Strategy

The scheme seeks to generate steady returns along with tax savings through a portfolio of upto 40% in equities with the balance invested in fixed income instruments. This is to ensure relative stability and deliver superior returns.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Exit Load For Redemption or switch out of units before the attainment of retirement age i.e 58 years

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 31-Mar-1997
Return Since Launch: 11.75%
Benchmark: CRISIL Composite Bond (60), NIFTY 500 TRI (40)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 407 Cr (As on 31-May-2020)
Expense: 2.27% (As on 31-May-2020)
Risk Grade: --
Return Grade: --
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend20-Dec-20191.0805

 28-Dec-20181.0805
 29-Dec-20171.1556
 30-Dec-20160.9028
 01-Jan-20160.7223
 26-Dec-20140.6533
 03-Jan-20140.8000
 21-Dec-20120.8809
 23-Dec-20111.2500
 16-Dec-20101.3000
 16-Dec-20091.2000
 17-Dec-20081.2000
 14-Nov-20072.4999
 20-Dec-20062.0000
 21-Dec-20051.5000
 16-Dec-20041.2000
 23-Dec-20031.2000
 22-Mar-20021.0000
 13-Jul-20011.2000
 16-Mar-20001.2000
 14-Dec-19981.2000
 31-Dec-19971.2000

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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