March 21, 2024
mayank
Franklin India Pension Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 208.1914
NAV IDCW: Rs 18.8784
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as the returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Balanced hybrid funds invest roughly half your money in equity shares and the rest in bonds. Their returns are lower than pure equity funds which invest all your money in shares, but they also fall less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate steady returns along with tax savings through a portfolio of upto 40% in equities with the balance invested in fixed income instruments. This is to ensure relative stability and deliver superior returns.
Fund Manager:
1) Pallab Roy
Education: Mr. Roy is a M.Com and MBA (Finance).
Experience: He has been associated with Franklin Templeton Investments since 2001.
2) Varun Sharma
Education: Mr. Sharma is a Bachelor in Business Studies from Sukhdev College of Business Studies, University of Delhi and holds a Post Graduate Diploma in Management from IIM – Calcutta.
Experience: Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd. he has worked with ICICI Securities (Feb 2010 – August 2014) as an Equity research Analyst and Credit Analysis and Research Limited (Apr 2009 – Feb 2010) as a Ratings Analyst.
3) Rajasa Kakulavarapu
Education: Ms. Kakulavarapu has done B.Tech and MBA.
Experience: Prior to joining Franklin Templeton Mutual Fund, she has worked with Jefferies India Pvt. Ltd. and Credit Suisse Securities (India) Pvt. Ltd.
4) Umesh Sharma
Education: Mr. Sharma is a B.Com (H), CS and CA.
Experience: Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | 5 Years |
| Exit Load | For Redemption or switch out of units before the attainment of retirement age i.e 58 years |
Basic Details
| Fund House | Franklin Templeton Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 10.44% |
| Benchmark | CRISIL Composite Bond Index (60), NIFTY 500 TRI (40) |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | Rs 497 Cr |
| (As on 29-Feb-2024) | |
| Expense | 1.53% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Franklin India Pension Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India Pension Dir | 1.93 | 0.10 | -0.74 | 3.42 | 7.71 | 18.76 | 9.76 | 9.58 | 8.85 | 10.99 |
| VR Balanced TRI | 0.75 | -0.97 | -0.84 | 1.93 | 8.21 | 26.11 | 14.00 | 13.68 | 13.31 | 13.07 |
| Hybrid: Balanced Hybrid | 1.50 | 0.05 | -0.85 | 2.95 | 7.23 | 19.63 | 11.04 | 9.95 | 8.93 | 10.69 |
| Rank within category | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 3 | 2 |
| Number of funds in category | 6 | 6 | 6 | 6 | 4 | 4 | 4 | 4 | 4 | 4 |
Peer Comparison of Franklin India Pension 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 | Turnover (%) | |
| Franklin India Pension Dir | Unrated | 18.76 | 9.76 | 9.58 | 1.53 | 497 | 10.44 | 3.00 (58) | 11Y 2M | — |
| UTI Children’s Career Savings Dir | Unrated | 16.12 | 9.94 | 9.17 | 1.51 | 4,357 | 10.06 | — | 11Y 2M | 25.00 |
| UTI Retirement Dir | Unrated | 21.20 | 13.44 | 10.98 | 0.99 | 4,309 | 10.44 | — | 11Y 2M | 32.00 |
| 360 ONE Balanced Hybrid Dir | Unrated | — | — | — | 0.59 | 587 | 8.21 | 1.00 (360) | 5M | — |
Portfolio Analysis of Franklin India Pension Fund
| No. of Stocks | 44 |
| Top 10 Holdings | 52.62% |
| Top 5 Stocks | 35.82% |
| Top 3 Sectors | 19.03% |
| Portfolio P/B Ratio | 3.65 |
| Portfolio P/E Ratio | 25.55 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,88,931 | 1,69,381 |
| Giant (%) | 62.20 | 54.84 |
| Large (%) | 16.76 | 18.61 |
| Mid (%) | 15.05 | 19.86 |
| Small (%) | 5.98 | 6.69 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 56 | 60 |
| Macaulay Duration (yrs) | 1.46 | 4.19 |
| Average Maturity (yrs) | 1.62 | 6.32 |
| Yield to Maturity (%) | 7.39 | 7.45 |
| Avg Credit Rating | AAA | — |
How to Invest in Franklin India Pension Fund?
Chanakya’s Mutual Fund Guidance For Franklin India Pension Fund
Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://accounts.franklintempletonindia.com/ngGuest/#/transactnowlogin
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