About Franklin India Low Duration Direct Plan - Growth
Franklin India Low Duration Direct Plan - Growth is a Debt
mutual fund scheme from Franklin Templeton Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Santosh Kamath
and Kunal Agrawal
. It has an AUM of ₹4,627.29 Crores and the latest NAV decalared is ₹21.439 as on 24 Jan 2020 at 9:30 pm.
Franklin India Low Duration Direct Plan - Growth scheme return performance in last 1 year is -1.59%, in last 3 years is 16.43% and 72.37% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Low Duration Funds maintain a portfolio of high-rated debt and money market instruments. Since the portfolio has a Macaulay duration of around 6 to12 months, these funds try to achieve a balance of safety, liquidity and yield. Investors may find these funds suitable to earn regular income on short term surplus money.