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Fincash » Mutual Funds » Franklin India Savings Plus Fund Retail Option Direct

Franklin India Savings Plus Fund Retail Option - Direct - G

NAV  ₹47.5527 ↑ 0.01  (0.02 %) as on 17 May 24

Scheme Objective

Aims to provide income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns, and also fixed rate instruments and money market instruments.

Franklin India Savings Plus Fund Retail Option - Direct is a Debt - Money Market fund launched on 1 Jan 13. It is a fund with Moderately Low risk and has given a CAGR return of 7.5% since its launch.  Return for 2023 was 7.4% , 2022 was 4.6% and 2021 was 3.7% .

Below is the key information for Franklin India Savings Plus Fund Retail Option - Direct

NAV as on 17 May 24₹47.5527 ↑ 0.01  (0.02 %)
Net Assets (AUM) as on 31 Mar 2024 ₹1,446 Cr.
Launch Date1 Jan 2013
CategoryDebt - Money Market
RatingNot Rated
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.65%
Effective Maturity10 Months 29 Days
Modified Duration10 Months 6 Days
Alpha Ratio0.0
Expense Ratio0.12 %
Sharpe Ratio2.641
Information Ratio0.0
BenchmarkNot Available
ISINNULL
AMCFranklin Templeton Asst Mgmt(IND)Pvt Ltd
Min Investment ₹10,000
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 0.5%
3 Month 2%
6 Month 3.8%
1 Year 7.5%
3 Year 5.8%
5 Year 6%
10 Year
15 Year
Since launch 7.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7.4%
2022 4.6%
2021 3.7%
2020 6.2%
2019 8.6%
2018 7.7%
2017 7.3%
2016 8.5%
2015 9%

Growth of 10k Over Years

DateValue
30 Apr 19₹10,000
30 Apr 20₹10,805
30 Apr 21₹11,361
30 Apr 22₹11,786
30 Apr 23₹12,477
30 Apr 24₹13,426
Franklin India Savings Plus Fund Retail Option - Direct Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash55.61%
Debt44.16%
Other0.23%
Franklin India Savings Plus Fund Retail Option - Direct Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent44.97%
Corporate33.36%
Government21.44%
RatingValue
AAA100%
Franklin India Savings Plus Fund Retail Option - Direct Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
364 DTB 05122024
Sovereign Bonds | -
8%₹120 Cr12,500,000
Punjab National Bank
Domestic Bonds | -
6%₹94 Cr2,000
India (Republic of)
- | -
6%₹94 Cr10,000,000
Indian Bank
Domestic Bonds | -
6%₹94 Cr2,000
Union Bank of India
Domestic Bonds | -
5%₹70 Cr1,500
HDFC Bank Ltd.
Debentures | -
3%₹47 Cr1,000
IDFC First Bank Ltd.
Debentures | -
3%₹47 Cr1,000
Small Industries Development Bank of India
Debentures | -
3%₹47 Cr1,000
Canara Bank
Domestic Bonds | -
3%₹47 Cr1,000
India (Republic of)
- | -
2%₹24 Cr2,500,000
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Fund Managers

NameSinceTenure
Rahul Goswami6 Oct 230.49 Yr.
Umesh Sharma25 Oct 185.44 Yr.
Pallab Roy25 Jun 0815.78 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Franklin Templeton Mutual FundIndiabulls Finance Centre; Tower 2, 12th and 13th Floor,Senapati Bapat Marg; Elphinstone Road (W) Mumbai 400013

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai
M/s. Price WaterhouseIndia,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Franklin India Savings Plus Fund Retail Option - Direct
Growth
₹47.5527
↑ 0.01
3.84 %7.54 %5.79 %6.03 %
Franklin India Savings Plus Fund Retail Option - Direct
Daily Dividend, Reinvestment
₹10.0569
3.2 %6.8 %5.41 %5.24 %
Franklin India Savings Plus Fund Retail Option - Direct
Monthly Dividend, Payout
₹10.8406
↑ 0.00
0.42 %2.46 %4.07 %4.28 %
Franklin India Savings Plus Fund Retail Option - Direct
Quarterly Dividend, Payout
₹11.3601
↑ 0.00
1.37 %3.85 %4.47 %3.98 %
Franklin India Savings Plus Fund Retail Option - Direct
Quarterly Dividend, Reinvestment
₹11.3601
↑ 0.00
1.37 %3.85 %4.47 %3.98 %
Data as on 17 May 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.