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
₹3622.55
0.01%
NAV as on 30 Apr 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 30 Apr 24, 12:00 AM
low to moderate risk
liquid
liquid
7.24%p.a.
Last 1Y
5.51%p.a.
Last 3Y
5.25%p.a.
Last 5Y
7.14%p.a.
Since Inception
About Franklin India Liquid Super Institutional Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Liquid Super Institutional Plan Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Sep 2005, Franklin India Liquid Super Institutional Plan Growth is Liquid fund of its category with 1,948.7 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
- Franklin India Liquid Super Institutional Plan Growth delivered 7.2% annual returns during the last year. It has delivered 7.1% average annual returns since the fund was launched.
- Franklin India Liquid Super Institutional Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in liquid
Fund Objective
The investment objective of the scheme is to provide current income along with high liquidity.
Top 10 Holdings
India (Republic of)
7.62%
India (Republic of)
5.10%
HDFC Bank Limited
5.09%
Canara Bank
5.08%
Punjab National Bank
5.08%
PNB Housing Finance Ltd.
5.08%
Export-Import Bank of India
5.07%
Punjab National Bank
5.06%
Call, Cash & Other Assets
4.93%
National Bank For Agriculture And Rural Development
4.11%
Fund Managers
- Umesh Sharma (Oct 2018 - Present)
- Pallab Roy (Jun 2008 - Present)
Key Information
View Scheme Document
Franklin India Liquid Super Institutional Plan 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 Liquid Super Institutional Plan 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 Liquid Super Institutional Plan 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 Liquid Super Institutional Plan 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
HDFC Liquid Fund Growth
low to moderate risk | liquid
5.5%
Kotak Liquid Fund Growth
low to moderate risk | liquid
5.5%
Axis Liquid Fund Retail Growth
low to moderate risk | liquid
5.0%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved