Rating : ★ ★ ★ ☆ ☆

Franklin India Savings Fund Direct Monthly Dividend Payout

Debt

  

Money Market Fund

NAV

10.5078 +0.0019

(as on 30 Sep, 2020)

RETURNS

5.55 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Investment Plan

0%

Benchmark

CRISIL Liquid Fund TR INR

Asset Size

1308.26 Cr.

(As of 31 Aug, 2020)

Risk

Moderately Low

Objective

To provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market instruments.

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Fund manager

Umesh Sharma

Exit load

N / A

Minimum sip

₹500

Minimum investment

₹10000

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

364 DTB 25032021

3.75%

364 DTB 30032021

3.75%

182 DTB 31122020

1.89%

Sector Allocation

About the Scheme Type

Money Market Mutual Funds invest in high quality and ultra safeliquid instruments like commercial papers, treasury bills (T-Bills), Repurchase Agreements (Repos) and Certificate of Deposits. With an average maturity of one year, Money Market Mutual Funds are used to manage short-run cash needs and deals only in either cash or cash equivalents. Its main aim is to keep the fluctuations in the fund’s NAV to a minimum

Ratings

This fund is rated 3 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