NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹94.79
0.90%
NAV as on 08 Aug 22, 12:00 AM
moderate risk
other bond
debt
NAV as on 08 Aug 22, 12:00 AM
moderate risk
other bond
debt
31.90%p.a.
Last 1Y
11.73%p.a.
Last 3Y
9.97%p.a.
Last 5Y
9.21%p.a.
Since Inception
About Franklin India Dynamic Accrual Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Dynamic Accrual Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Other Bond mutual fund scheme that predominantly invests in Other Bond stocks of companies. Launched on Mar 1997, Franklin India Dynamic Accrual Fund Growth is Other Bond fund of its category with 99.06 Cr fund under management as on Aug 2022. The expense ratio of this fund is less than that of most other Fund category Other Bond funds.
- Franklin India Dynamic Accrual Fund Growth delivered 31.9% annual returns during the last year. It has delivered 9.2% average annual returns since the fund was launched.
- Franklin India Dynamic Accrual Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The primary investment objective of the Scheme is to generate a steady stream of income through investment in fixed income securities.
Top 4 Holdings
SBI Overnight Fund Dir Gr
100.16%
Rivaaz TRade Ventures Private Limited
0.00%
Rivaaz TRade Ventures Private Limited
0.00%
Nufuture Digital (India) Limited
0.00%
Fund Managers
- Sachin Padwal-Desai (Jul 2010 - Present)
- Santosh Kamath (Feb 2015 - Present)
- Umesh Sharma (Jul 2010 - Present)
Key Information
View Scheme Document
Franklin India Dynamic Accrual Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Franklin India Dynamic Accrual Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Franklin India Dynamic Accrual Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Franklin India Dynamic Accrual Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
Franklin India Ultra Short Bond Fund Super Institutional Growth
moderate risk | debt
8.8%
Franklin India Ultra Short Bond Fund Institutional Growth
moderate risk | debt
8.7%
Franklin India Ultra Short Bond Fund Retail Growth
moderate risk | debt
8.6%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved