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Franklin India Credit Risk Fund Direct Dividend Payout

Debt

  

Credit Risk Fund

NAV

10.805 + 0.2147

as on (27 Mar, 2020)

RETURNS

1.64 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

1.02 %

Benchmark

CRISIL Short Term Bond Fund TR INR

Asset Size

5480.56 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

The Fund seeks to provide regular income and capital appreciation through a focus on corporate securities.

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Fund manager

Santosh Kamath

(since 15 Apr, 2014)

Exit load

3 %

(If redeemed within 360 days)

Minimum sip

₹ 500

minimum investment

₹ 5000

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

DOLVI Minerals & Metals Private Limited

6.42 %

Idea Cellular Limited

4.74 %

ADANI RAIL INFRA PRIVATE LIMITED

4.36 %

Coastal Gujarat Power Limited

4.04 %

Sector Allocation

About the Scheme Type

Credit Risk Fund

Credit Risk Funds need to have at least 65% of their investmentin lower rated securities such as those having AA-, A+, A-, BBB, etc. The maturity period of these papers is usually 1 – 3 years, unlike long maturity bonds. The interest rates offered by such companies is higher and earning scope arises when their ratings go up, offering a benefit of capital gains. They, at times,pose as an attractive investment option as they have the potential to give 2 – 3% higher returns than risk-free papers.

Ratings

This fund is rated 3 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