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
₹208.53
0.05%
NAV as on 17 Nov 24, 12:00 AM
moderately high risk
retirement
debt
NAV as on 17 Nov 24, 12:00 AM
moderately high risk
retirement
debt
16.45%p.a.
Last 1Y
8.71%p.a.
Last 3Y
9.61%p.a.
Last 5Y
11.67%p.a.
Since Inception
About Franklin India Pension Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Pension Plan Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Retirement mutual fund scheme that predominantly invests in Retirement stocks of companies. Launched on Mar 1997, Franklin India Pension Plan Growth is Retirement fund of its category with 515.96 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Retirement funds.
- Franklin India Pension Plan Growth delivered 16.4% annual returns during the last year. It has delivered 11.7% average annual returns since the fund was launched.
- Franklin India Pension Plan 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 investors regular income under the Dividend Plan and capital appreciation under the Growth Plan.
Top 10 Holdings
Small Industries Development Bank Of India
10.19%
5.63% Govt Stock 2026
6.71%
Bharti Telecom Limited
5.26%
Bajaj Housing Finance Limited
5.08%
Mahindra & Mahindra Financial Services Ltd
5.04%
Ongc Petro Additions Limited
5.03%
Rural Electrification Corporation Limited
4.98%
National Bank For Agriculture And Rural Development
4.90%
Hdb Financial Services Limited
4.87%
HDFC Bank Ltd
3.72%
Fund Managers
- Ajay Argal (Oct 2024 - Present)
- Pallab Roy (Mar 2024 - Present)
- Anuj Tagra (Apr 2024 - Present)
- Rajasa Kakulavarapu (Sep 2021 - Present)
Key Information
View Scheme Document
Franklin India Pension 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 Pension 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 Pension 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 Pension 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
SBI Retirement Benefit Fund - Conservative Plan Growth
moderately high risk | debt
8.0%
Tata Retirement Savings Conservative Fund Growth
moderately high risk | hybrid (c)
6.4%
HDFC Retirement Savings Fund - Hybrid Debt Plan - Plan
moderately high risk | debt
8.0%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved