When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.
Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6% of the value of your investment every year.
Warning: Do not invest in this, or any other aggressive 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.
|VR MIP TRI||-8.16||0.95||3.06||-6.83||-8.16||-5.34||-2.67||4.67||5.54||7.55||7.15|
|Hybrid: Conservative Hybrid||-7.98||-1.18||-1.17||-8.19||-8.27||-5.66||-4.72||1.97||4.39||7.04||6.94|
|Rank within category||24||5||19||31||24||22||18||17||17||9||9|
|Number of funds in category||39||39||39||39||39||38||38||36||33||30||27|
As on 03-Apr-2020
|Best (Period)||Worst (Period)|
|Week||4.78 (12-May-2009 - 19-May-2009)||-5.24 (11-Mar-2020 - 18-Mar-2020)|
|Month||7.29 (11-May-2009 - 10-Jun-2009)||-11.96 (20-Feb-2020 - 23-Mar-2020)|
|Quarter||15.64 (09-Mar-2009 - 10-Jun-2009)||-9.63 (23-Dec-2019 - 23-Mar-2020)|
|Year||26.44 (31-Jan-2014 - 02-Feb-2015)||-11.44 (03-Dec-2007 - 02-Dec-2008)|
|VR MIP TRI||4.76||5.99||-0.13||-0.13||--||--|
|Hybrid: Conservative Hybrid||2.67||6.15||-0.42||-0.37||0.87||-2.20|
|Rank within category||17||17||17||17||25||16|
|Number of funds in category||36||36||36||36||36||36|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Mar-2020
|Number of Stocks||27|
|Number of Bonds||18|
|Average Maturity (yrs)||5.42|
|Top 10 Holdings (%)||61.79|
|Portfolio P/B Ratio||2.45|
|Portfolio P/E Ratio||19.20|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|7.57% GOI 17/06/2033||GOI Securities||SOV||0.00 - 12.62||12.62|
|8.95% Pipeline Infrastructure 22/03/2024||Non Convertible Debenture||AAA||0.00 - 10.19||10.19|
|8.60% Export-Import Bank 30/04/2099||Bonds||AA+||0.00 - 8.51||8.51|
|9.25% Power Finance Corp. 25/09/2024||Non Convertible Debenture||AAA||0.00 - 7.56||7.56|
|9.00% State Bank of India 2021||Bonds||AA+||0.00 - 6.84||6.84|
|8.80% REC 14/05/2029||Debenture||AAA||0.00 - 3.63||3.63|
|9.70% Coastal Gujarat Power 27/08/2023||Non Convertible Debenture||AA||0.00 - 3.52||3.52|
|9.15% Tata Steel 24/01/2021||Debenture||AA||0.00 - 3.42||3.42|
|7.33% IRFC 27/08/2027||Debenture||AAA||0.00 - 3.07||3.07|
|9.55% Hindalco Inds. 27/07/2022||Bonds/NCDs||AA+||0.00 - 2.45||2.45|
|8.85% Power Finance Corp. 25/05/2029||Bonds/NCDs||AAA||0.00 - 2.37||2.37|
|8.85% REC 16/04/2029||Non Convertible Debenture||AAA||0.00 - 2.18||2.18|
|8.90% Vedanta 2021||Non Convertible Debenture||AA||0.00 - 2.03||2.03|
|10.25% Yes Bank 31/12/2099||Bonds||BBB+||0.00 - 1.67||1.67|
|8.80% JM Financial Products 28/09/2020||Bonds/Debentures||AA||0.00 - 1.65||1.65|
|8.97% REC 28/03/2029||Non Convertible Debenture||AAA||0.00 - 5.99||0.91|
|9.75% Jamnagar Utilities and Power 2024||Debenture||AAA||0.00 - 0.89||0.89|
|7.27% GOI 2026||GOI Securities||SOV||0.00 - 8.24||0.70|
Indicates a new holding since last portfolio
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Kotak Mahindra Bank||Financial||24.98||1.73||0.62||1.68|
|Gujarat State Petronet||Energy||6.33||1.43||0.61||1.29|
|Kansai Nerolac Paints||Chemicals||37.51||1.21||0.57||1.14|
|Dr. Reddy's Lab||Healthcare||30.73||1.06||0.46||1.01|
|Power Grid Corporation||Energy||5.27||1.07||0.00||0.85|
|Mahindra & Mahindra||Automobile||16.21||1.23||0.73||0.73|
|TVS Motor Co.||Automobile||17.43||0.93||0.30||0.38|
|State Bank of India||Financial||13.34||1.33||0.24||0.30|
|Aditya Birla Fashion and Retail||Services||57.14||0.56||0.21||0.30|
Indicates a new holding since last portfolio
As on 29-Feb-2020
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.
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).
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.
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.
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The Scheme seeks to provide regular income through a portfolio of predominantly fixed income securities with a maximum with a maximum exposure of 20% to equities. exposure of 25% to equities.
|Minimum Investment (₹)||10,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||1,000|
|Minimum Balance (₹)||1,000|
|Exit Load||For units in excess of 10% of the investment,1% will be charged for redemption within 365 days|
|Fund House:||Franklin Templeton Mutual Fund|
|Return Since Launch:||9.05%|
|Benchmark:||CRISIL Hybrid 85+15 Conservative|
|Assets:||₹ 298 Cr (As on 29-Feb-2020)|
|Expense:||2.28% (As on 29-Feb-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
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: 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