Rating : ★ ☆ ☆ ☆ ☆

Franklin India Government Securities Fund Plan Direct Quarterly Dividend Payout

Debt

  

Gilt Fund

NAV

12.0194-0.0218

(as on 17 Sep, 2020)

RETURNS

2.87 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Investment Plan

1%

Benchmark

ICICI Securities Libex TR INR

Asset Size

276.83 Cr.

(As of 31 Aug, 2020)

Risk

Moderate

Objective

The primary objective of the Scheme is to generate return through investments in sovereign securities issued by the Central Government and / or a State Government and / or any security unconditionally guaranteed by the central Government and / or State Government for repayment of Principal and Interest.

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Fund manager

Sachin Padwal-Desai

Exit load

N / A

Minimum sip

₹500

Minimum investment

₹25000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

5.79% Govt Stock 2030

42.08%

91 DTB 10092020

18.05%

5.77% GOI 2030

17.60%

7.27% Govt Stock 2026

7.33%

Sector Allocation

About the Scheme Type

Gilt Funds invest in various government bonds and securities, which makes them extremely less risky than all the other investment vehicles. These are ideal for risk-averse newbies as well as small investors because the money invested is in the safe hands of the government. The returns here is based on therepo rate fixed by the RBI, and are usually reasonable and consistent. While there’s not much volatility here, it will be wrong to term it as completely risk-free as the interest rate changes by the government can negatively impact your returns.

Ratings

This fund is rated 1 stars by Morning Star Ratings.

★ ☆ ☆ ☆ ☆

Overview of Franklin Templeton Asst Mgmt(IND)Pvt Ltd

Since 1947, our firm has been dedicated to delivering exceptional asset management for institutional, retail, and high-net-worth clients. Franklin Templeton's association with India dates back to over 2 decades as an investor. As part of the group's major thrust on investing in markets around the world, the India office was set up in 1996 as Templeton Asset Management India Pvt. Limited. It flagged off the mutual fund business with the launch of Templeton India Growth Fund in September 1996, and since then the business has grown at a steady pace.

At Franklin Templeton Mutual Fund, we understand that the strength of our business relationships is a key point of differentiation for us as a company, along with the trust that our business partners and clients have in us. Throughout the Franklin Templeton Mutual Fund’s history, a strong commitment to corporate values has guided our decision making and has been a roadmap for our success.

These values, and our unique perspective, help us achieve our mission by offering high quality investment solutions, providing outstanding service, and attracting, motivating and retaining talented people. They also help to create a “culture of compliance.” Franklin Templeton Mutual Fund’s core values include

  • Putting clients first
  • Building relationships
  • Working with integrity
  • Seeking to achieve quality results