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
₹4256.48
0.00%
NAV as on 01 May 24, 12:00 AM
moderate risk
other bond
debt
NAV as on 01 May 24, 12:00 AM
moderate risk
other bond
debt
3.20%p.a.
Last 1Y
8.13%p.a.
Last 3Y
5.27%p.a.
Last 5Y
8.11%p.a.
Since Inception
About Franklin India Short Term Income Plan Institutional Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Short Term Income Plan Institutional 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 Sep 2005, Franklin India Short Term Income Plan Institutional Growth is Other Bond fund of its category with 12.51 Cr fund under management as on Apr 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 Institutional Growth delivered 3.2% annual returns during the last year. It has delivered 8.1% average annual returns since the fund was launched.
- Franklin India Short Term Income Plan Institutional 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
- Santosh Kamath (Jan 2002 - Present)
- Kunal Agrawal (Jan 2002 - Present)
Key Information
View Scheme Document
Franklin India Short Term Income Plan Institutional 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 Short Term Income Plan Institutional 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 Short Term Income Plan Institutional 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 Institutional 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
Franklin India Ultra Short Bond Fund Super Institutional Growth
moderate risk | debt
8.8%
Franklin India Ultra Short Bond Fund Institutional Growth
moderate risk | debt
8.7%
Franklin India Ultra Short Bond Fund Retail Growth
moderate risk | debt
8.6%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved