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
₹10.47
0.45%
NAV as on 16 Jan 25, 12:00 AM
low to moderate risk
money market
debt
NAV as on 16 Jan 25, 12:00 AM
low to moderate risk
money market
debt
4.25%p.a.
Last 1Y
5.28%p.a.
Last 3Y
4.73%p.a.
Last 5Y
5.15%p.a.
Since Inception
About Franklin India Money Market Fund Monthly Rnvstmnt of Inc Dist cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Money Market Fund Monthly Rnvstmnt of Inc Dist cum Cap Wdrl scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Money Market mutual fund scheme that predominantly invests in Money Market stocks of companies. Launched on Apr 2014, Franklin India Money Market Fund Monthly Rnvstmnt of Inc Dist cum Cap Wdrl is Money Market fund of its category with 2,271.47 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Money Market funds.
- Franklin India Money Market Fund Monthly Rnvstmnt of Inc Dist cum Cap Wdrl delivered 4.3% annual returns during the last year. It has delivered 5.2% average annual returns since the fund was launched.
- Franklin India Money Market Fund Monthly Rnvstmnt of Inc Dist cum Cap Wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
To provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market instruments.
Top 4 Holdings
364 DTB 28082025
2.17%
Axis Bank Ltd.
2.07%
5.22% Govt Stock 2025
1.88%
Corporate Debt Market Development Fund Class A2
0.15%
Fund Managers
- Rahul Goswami (Oct 2023 - Present)
- Rohan Maru (Oct 2024 - Present)
- Chandni Gupta (Apr 2024 - Present)
Key Information
View Scheme Document
Franklin India Money Market Fund Monthly Rnvstmnt of Inc Dist cum Cap Wdrl SIP Calculator
If invested
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For a period of
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NRI Mutual Fund Tax on Franklin India Money Market Fund Monthly Rnvstmnt of Inc Dist cum Cap Wdrl
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 Money Market Fund Monthly Rnvstmnt of Inc Dist cum Cap Wdrl?
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 Money Market Fund Monthly Rnvstmnt of Inc Dist cum Cap Wdrl
- 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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