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

INVEST VIA NRE/NRO

Franklin India Short Term Income Plan Growth for NRI [5149.41]

Min Investment

5,000

Fund Size

12.51 Cr

Expense Ratio

0.0%

Exit Load

0.5%

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

5149.41

0.00%

NAV as on 17 Dec 24, 12:00 AM

moderate risk

other bond

debt

NAV as on 17 Dec 24, 12:00 AM

moderate risk

other bond

debt

0.00%p.a.

Last 1Y

5.12%p.a.

Last 3Y

4.89%p.a.

Last 5Y

7.44%p.a.

Since Inception

About Franklin India Short Term Income Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin India Short Term Income Plan 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 Jan 2002, Franklin India Short Term Income Plan Growth is Other Bond fund of its category with 12.51 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Other Bond funds.

  • Franklin India Short Term Income Plan Growth delivered 0.0% annual returns during the last year. It has delivered 7.4% average annual returns since the fund was launched.
  • Franklin India Short Term Income 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 objective of the Scheme is to provide investors stable returns by investing in fixed income securities.

Top 1 Holdings

Rivaaz TRade Ventures Private Limited

0.00%

Fund Managers

  1. Santosh Kamath (Jan 2002 - Present)
  2. Kunal Agrawal (Jan 2002 - Present)

Key Information

View Scheme Document

Franklin India Short Term Income Plan 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 Short Term Income Plan 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 Short Term Income 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 Short Term Income 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

Frequently Asked Questions