May 16, 2025
mayank
Franklin India Medium to Long Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.6869
NAV IDCW: Rs 10.6869
Suitable For Which Investors?
“Medium to Long Duration debt funds invest mainly in bonds maturing in four to seven years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they may experience some degree of volatility in response to changes in interest rates.
Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.
We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.”
Fund’s Investment Strategy:
The scheme seeks to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is between 4 to 7 years.
Fund Manager:
1) Anuj Tagra
Education: Mr. Anuj Tagra is a graduate of Guru Gobind Singh Indraprastha University and an MBA from Narsee Monjee Institute of Management Studies
Experience: Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential AMC, Union Bank of India and Fidelity Investments.
2) Chandni Gupta
Education: She holds B.E. degree in IT and CFA degree from CFA Institute, USA.
Experience: Prior to joining Franklin India Mutual Fund, she has worked with ICICI Prudential Asset Management Company Limited Morgan Stanley Investment Management, HSBC Bank, Standard Chartered Mutual Fund.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Franklin India Medium to Long Duration Fund
| Fund House | Franklin Templeton Mutual Fund |
| Launch Date | 24-Sep-24 |
| Return Since Launch | 6.87% |
| Benchmark | CRISIL Medium to Long Duration Debt A-III Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 52 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.30% |
| (As on 30-Apr-2025) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of Franklin India Medium to Long Duration Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India Medium to Long Duration Dir | 5.12 | 0.12 | 0.82 | 3.98 | 6.13 | — | — | — | — | — |
| VR Bond | 3.80 | 0.09 | 0.90 | 2.98 | 4.70 | — | — | — | — | — |
| Debt: Medium to Long Duration | 4.97 | 0.08 | 1.12 | 4.07 | 6.00 | — | — | — | — | — |
| Rank within category | 6 | 2 | 14 | 10 | 6 | — | — | — | — | — |
| Number of funds in category | 14 | 14 | 14 | 14 | 14 | 13 | 13 | 13 | 13 | 13 |
Peer Comparison of Franklin India Medium to Long Duration Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Franklin India Medium to Long Duration Dir | Unrated | — | — | — | 0.30 | 52 | 6.87 | — | 7M |
| ICICI Pru Bond Dir | 4 star | 11.25 | 9.13 | 7.35 | 0.62 | 2,858 | 8.33 | — | 12Y 4M |
| SBI Magnum Income Dir | 4 star | 10.87 | 8.87 | 7.47 | 0.77 | 1,942 | 8.34 | 1.00 (365) | 12Y 4M |
| ABSL Income Dir | 3 star | 10.64 | 8.26 | 7.03 | 0.74 | 2,304 | 8.09 | — | 12Y 4M |
| Kotak Bond Dir | 3 star | 10.91 | 8.85 | 7.12 | 0.70 | 2,130 | 8.01 | — | 12Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 11 | 23 |
| Macaulay Duration (yrs) | 6.73 | 6.74 |
| Average Maturity (yrs) | 11.98 | 12.21 |
| Yield to Maturity (%) | 6.81 | 6.73 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Franklin India Medium to Long Duration Fund
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