NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Franklin India Income Opportunities Fund Growth for NRI [24.93]

Min Investment

5,000

Fund Size

4.92 Lac

Expense Ratio

0.0%

Exit Load

3%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

24.93

0.02%

NAV as on 12 Dec 21, 12:00 AM

moderate risk

other bond

debt

NAV as on 12 Dec 21, 12:00 AM

moderate risk

other bond

debt

15.59%p.a.

Last 1Y

4.82%p.a.

Last 3Y

6.09%p.a.

Last 5Y

0.00%p.a.

Since Inception

About Franklin India Income Opportunities Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin India Income Opportunities 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 Dec 2009, Franklin India Income Opportunities Fund Growth is Other Bond fund of its category with 4.92 Lac fund under management as on Dec 2021. The expense ratio of this fund is less than that of most other Fund category Other Bond funds.

  • Franklin India Income Opportunities Fund Growth delivered 15.6% annual returns during the last year. It has delivered 0.0% average annual returns since the fund was launched.
  • Franklin India Income Opportunities 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 Fund seeks to provide regular income and capital appreciation by investing in fixed income securities across the yield curve.

Top 3 Holdings

Rivaaz TRade Ventures Private Limited

0.00%

Nufuture Digital (India) Limited

0.00%

Future Ideas Company Limited

0.00%

Fund Managers

  1. Santosh Kamath (Jun 2016 - Present)
  2. Kunal Agrawal (Oct 2018 - Present)

Key Information

View Scheme Document

Franklin India Income Opportunities Fund Growth SIP Calculator

If invested

5,000

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 Income Opportunities Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Franklin India Income Opportunities 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 Income Opportunities 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

Frequently Asked Questions