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Franklin India Ultra Short Bond Fund - Direct - Growth

Debt

  

Ultra Short Duration Fund

NAV

27.654 + 0.0172

as on (31 Mar, 2020)

RETURNS

7.39 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

0.43 %

Benchmark

CRISIL Liquid Fund TR INR

Asset Size

15040.15 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

To provide a combination of regular income and high liquidity by investing primarily in a mix of short term debt and money market instruments.

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Fund manager

Santosh Kamath

(since 25 Oct, 2018)

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

Renew Power Ventures Private Limited

4.57 %

Vodafone Mobile Services Limited

3.96 %

Adani Infra (India) Limited

3.62 %

Aditya Birla Retail Limited

3.34 %

Sector Allocation

About the Scheme Type

Ultra Short Duration Fund

Short Duration Mutual Funds usually have an investment horizon spanning about 1 – 3 years, with a scope to be extended to 4 years. Short Duration Mutual Funds are often accompanied by modest risks and non-volatile returns and theydo not even attract penalty on pre-mature withdrawals. These are usually beneficial for investors with lower risk appetite and offer greater post tax returns in comparison to other non-equitycounterparts of the same tenure.

Ratings

This fund is rated 5 stars by Morning Star Ratings.

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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