Investment Objective and Approach

Franklin India Medium to Long Duration Fund is an open-ended, medium to long-duration debt scheme that invests in debt and money market instruments such that the Macaulay duration of the scheme portfolio is between 4 to 7 years. The fund focuses on debt and money market instruments, including non-convertible debentures, bonds, certificates of deposits, commercial papers, treasury bills, and government securities, while maintaining a Macaulay duration between four and seven years.

Key features of the investment approach:

- Dynamic management allowing duration exposure adjustments in response to changing market conditions and macro environment

- Conservative credit management with a diversified mix of sovereign and high-quality corporate bonds

- Focus on income accrual and potential capital gains with emphasis on portfolio liquidity

- Asset allocation of 0-100% in debt and money market instruments, cash and cash equivalent, including government securities

- Benchmark: CRISIL Medium to Long Duration Debt A-III Index

The fund is designed for investors with an investment horizon of three years or more. This product is suitable for investors seeking income generation and capital appreciation over the medium to long term.

Fund Managers

The fund is managed by an experienced team of professionals:

Chandni Gupta (Co-Fund Manager)

- Current Fund Manager of Franklin India Medium to Long Duration Fund Direct Growth

- Holds B.E. degree in IT and CFA degree from CFA Institute, USA

- Prior experience with ICICI Prudential Asset Management Company Limited, Morgan Stanley Investment Management, HSBC Bank, and Standard Chartered Mutual Fund

Anuj Tagra (Co-Fund Manager)

- Graduate of Guru Gobind Singh Indraprastha University and holds an MBA from Narsee Monjee Institute of Management Studies

- Previously worked with ICICI Prudential AMC, Union Bank of India, and Fidelity Investments before joining Franklin India Mutual Fund

- Also manages Franklin India Government Securities Fund Direct Plan Growth, Franklin India Equity Hybrid Fund Direct Growth, Franklin India Pension Direct Plan Growth, and Franklin India Corporate Debt Fund Direct Growth

About the Fund House (AMC)

Franklin Templeton Mutual Fund has a rich legacy spanning over seven decades globally and nearly three decades in India.

Global Heritage:

- Franklin Resources, Inc. is an American multinational investment management holding company founded in New York City in 1947 as Franklin Distributors, Inc. by Rupert H. Johnson Sr.

- Named after American polymath Benjamin Franklin because Franklin espoused frugality and prudence when it came to saving and investing

- The company has $724.1 billion assets under management worldwide

- Currently has presence in over 34 countries with more than 600 investment professionals and employs in excess of 9,500 individuals

India Operations:

- Franklin Templeton began operations in India in 1996 under the name Templeton Asset Management India Pvt. Limited

- The trust, Franklin Templeton Mutual Fund, is registered with SEBI under registration number MF/026/96/8, with the Templeton India Growth Fund being their first offering in September 1996

- In India, Franklin Templeton has 21 funds that have completed 10 years and several others that have crossed the 20-year mark

- In 2002, the company acquired Pioneer ITI AMC Ltd. to become the largest mutual fund in India after Unit Trust of India

Key Differentiators:

- One of the few asset management companies that offer an in-house registrar for better service management and quality

- Offers loyalty programs where clients can engage with the fund management team and get invited to external management development programs

- Well-regulated by SEBI, ensuring investor protection and transparency through mandatory monthly portfolio disclosures

Should I Invest in Franklin India Medium to Long Duration Fund?

Franklin India Medium to Long Duration Fund may be suitable for investors who:

Investment Profile:

- Have a medium to long-term investment horizon (3+ years)

- Seek steady income generation with potential for capital appreciation

- Want exposure to high-quality debt instruments with moderate duration risk

- Are comfortable with interest rate risk associated with medium to long duration bonds

- Prefer professional fund management over direct debt investing

Investment Considerations:

- The fund is rated as moderate risk

- Minimum SIP investment is ₹500

- Minimum lumpsum investment is ₹5,000

- Returns are taxed as per your income tax slab

- Expense ratio of 0.29% (inclusive of GST) with no exit load

Key Benefits:

- Dynamic duration management based on market conditions

- Diversified portfolio of government and corporate bonds

- Experienced fund management team

- Strong AMC with extensive track record

- Liquidity through open-ended structure

As with all investments, consider your risk tolerance, investment goals, and consult with a financial advisor before making investment decisions.

FAQs

What is today's NAV of Franklin India Medium To Long Duration Fund?

The Latest NAV as of February 14, 2025 is ₹10.28. NAV changes daily based on market movements.

What is the AUM of Franklin India Medium To Long Duration Fund?

The fund currently has an Asset Under Management (AUM) of ₹1,02,615 Cr as of February 14, 2025.

What is the expense ratio of Franklin India Medium To Long Duration Fund?

The expense ratio is 0.29% inclusive of GST with no exit load.

What are the returns of Franklin India Medium To Long Duration Fund since inception?

This being a recently launched fund, since-inception returns data is limited. Historical performance should be evaluated once the fund completes meaningful investment periods.

What is the minimum SIP amount to invest in Franklin India Medium To Long Duration Fund?

The minimum SIP investment is set to ₹500.

How do I invest in Franklin India Medium To Long Duration Fund?

You can invest through Allvest's platform by completing your KYC, selecting the fund, choosing SIP or lumpsum mode, and making payment through various options.

How to start a SIP in Franklin India Medium To Long Duration Fund?

Log into your Allvest account, search for the fund, select 'Start SIP', choose your investment amount (minimum ₹500), frequency, and set up auto-debit for seamless investing.

How do I automate an SIP in Franklin India Medium To Long Duration Fund?

Enable auto-debit mandate through Allvest's platform by providing bank details and authorization. This ensures automatic monthly deductions for your SIP without manual intervention.

How can I withdraw/redeem my investment in Franklin India Medium To Long Duration Fund?

You can redeem your investment anytime through Allvest's platform by placing a redemption request. Being an open-ended fund, there are no exit loads, and proceeds typically credit within 2-3 working days.