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
₹10.13
-0.06%
NAV as on 17 Dec 24, 12:00 AM
moderate risk
medium to long duration
debt
NAV as on 17 Dec 24, 12:00 AM
moderate risk
medium to long duration
debt
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
1.02%p.a.
Since Inception
About Franklin India Medium to Long Duration Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Medium to Long Duration Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Medium to Long Duration mutual fund scheme that predominantly invests in Medium to Long Duration stocks of companies. Launched on Sep 2024, Franklin India Medium to Long Duration Fund Growth is Medium to Long Duration fund of its category with 62.72 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Medium to Long Duration funds.
- Franklin India Medium to Long Duration Fund Growth delivered 0.0% annual returns during the last year. It has delivered 1.0% average annual returns since the fund was launched.
- Franklin India Medium to Long Duration 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 investment objective of the scheme is to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is between 4 to 7 years.
Top 6 Holdings
6.79% Govt Stock 2034
40.60%
7.53% Govt Stock 2034
24.30%
Bharti Telecom Limited 8.9%
8.22%
LIC Housing Finance Limited
8.18%
Mankind Pharma Ltd
8.10%
ICICI Bank Limited
7.93%
Fund Managers
- Anuj Tagra (Sep 2024 - Present)
- Chandni Gupta (Sep 2024 - Present)
Key Information
View Scheme Document
Franklin India Medium to Long Duration Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Franklin India Medium to Long Duration 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 Medium to Long Duration 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 Medium to Long Duration 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
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Frequently Asked Questions
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