Franklin India Prima Fund(D)

Franklin India Prima Fund(D)
Dividend Yearly
NA
Category
Equity - Mid Cap
52-week NAV high
974.97  (As on 03-06-2019)
52-week NAV low
864.13  (As on 22-08-2019)
Expense
1.84%  (As on 31-10-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.76 8.69 -2.66 5.03 -0.99 8.92 9.35 8.78 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Dec 01, 1993
Last Dividend
NA
Minimum Investment
5000

Franklin India Prima Fund - Dividend

Franklin Templeton set up an office in India in 1996 as Templeton Asset Management India Private Limited. The company entered the mutual fund business with the Templeton India Growth Fund in 1996.

Investment Objective of Franklin India Prima Fund - Dividend

The primary objective of this fund is to generate capital appreciation in the medium to long-term while generating an income is the secondary objective of the fund.

Key Features of Franklin India Prima Fund - Dividend

Type of fund

Open-ended equity scheme

Plans available

Direct and Regular

Options under each plan

Dividend Plan

Growth Plan

Direct - Dividend Plan

Direct - Growth Plan

Risk

Moderately High

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for Franklin India Prima Fund - Dividend

Minimum application amount

Rs.5,000

Minimum additional investment

Rs.1,000

Minimum installment for Systematic Investment Plan (SIP)

Rs.500

Entry load

Not applicable

Entry load

The exit load will be 1% if the units are switched out or redeemed before the completion of one year from the date of allotment.

Asset Allocation for Franklin India Prima Fund - Dividend

Instruments

Risk Profile

% of Net Assets

Equity and Equity related instruments of mid cap companies

Medium to high

65 - 100%

Equity and equity related instruments of companies other than mid cap companies

Medium to high

0 - 35%

Debt and money market instruments

Low to medium

0 - 35%

Who can invest in Franklin India Prima Fund - Dividend

The following entities can invest in Franklin India Prima Fund - Dividend:

  • Residents of India can invest either singly or jointly (not more than three).
  • Non-Resident Indians and Overseas Citizens of India.
  • Parents or guardians investing on behalf of minors.
  • Banks, investment institutions, and financial organisations.
  • Hindu Undivided Families (HUFs).
  • Religious, charitable, or any other type of trusts that have been given the authority to invest in mutual funds.
  • Partnership firms, sole proprietorship, and Limited Liability Partnerships (LLPs).
  • Societies, Endowments, Body of Individuals, clubs, and trusts that have been given the authority to invest in mutual funds.
  • Army, Navy, Air force ,and other similar eligible institutions.
  • Industrial research and scientific organisations.
  • Public Sector Undertakings, Companies, and Domestic Corporate Bodies that have been registered in India.
  • Associations, Bodies, and Institutions that have been given the authority to invest in mutual funds.
  • Some mutual fund schemes or alternative investment funds can make investments in the scheme. This is however subject to regulations implemented by SEBI from time to time.

NAV Disclosure and Benchmark for Franklin India Prima Fund - Dividend

The NAV of the fund can be viewed on www.amfiindia.com and www.franklintempletonindia.com. The NAV will be calculated and updated for every business day and will be calculated up to 4 decimal points. Annual and half-yearly disclosures will also be made by the fund following the regulations of SEBI. The scheme portfolios of the fund will be disclosed by the mutual fund on the last day of every half year or the last day of the month on the company website. This data will be updated on the website on or before the 10th of the following month.

The Benchmark of Franklin India Prima Fund - Dividend is Nifty Midcap 150.

Franklin India Prima Fund - Dividend Fund Manager

R.Janakiraman, Hari Shyamsunder, and Srikesh Nair are the fund managers of Franklin India Prima Fund. Srikesh Nair is the dedicated Foreign Fund Manager for the scheme.

Investment Restrictions for Franklin India Prima Fund - Dividend

Some of the investment restrictions of Franklin India Prima Fund have been listed below:

  • More than 10% of any company’s voting rights will not be owned by any of the schemes of Franklin India Prima Fund.
  • More than 5% of the net assets cannot be invested in unlisted equity and equity related instruments by the scheme.
  • No loans will be advanced for any reason by the mutual fund.
  • No investment shall be made by the mutual fund in fund of fund schemes.
  • More than 10% of the net assets of the scheme shall not be invested in equity and equity related instruments.
  • More than 10% of the NAV shall be invested by the scheme in unrated debt instruments that have been issued by a single issuer. In such a case, the total investment made shall not be more than 25% of the NAV of the scheme.
  • Investments can be made by the scheme in other financial market investments. These investments will be made as per the guidelines issued by the SEBI or the Reserve Bank of India from time to time.
  • The investments made on securities will be made only on transferable securities and have to be in accordance with Regulation 43 of Chapter VI of SEBI Regulations, 1996.
  • Investments can be made by the scheme in any other scheme that has a similar investment objective without any additional fees. This is however subject to a certain restrictions. You can refer to the Scheme Information Document from the company website to know more about the restrictions.

Dividend Policy of Franklin India Prima Fund - Dividend

Dividends may be declared by the Trustee anytime and at any frequency that they think is appropriate. However, no assurances or guarantees are provided about the payment of the dividend or the rate of distribution of the dividend. A dividend is only paid if there is an availability of a surplus that can be distributed. The dividends will be distributed among the unitholders before the completion of 30 days from the date of declaration of dividends.

Other facilities under Franklin India Prima Fund - Dividend

SMS based transaction: Investors can make transactions through SMS for all of the schemes of Franklin Templeton Mutual Fund. This cannot be used only for Franklin India Pension Plan. Unitholders should submit the SMS transaction registration form and the NACH registration form at the nearest ISC or Franklin Templeton Branch. The predefined keywords available on www.franklintempletonindia.com can only be used when trying to make transactions through SMS. The SMS can only be sent from the registered mobile number. This facility is subject to some terms and conditions and these have been mentioned in the SMS transactions registration form.

Why should you invest in Franklin India Prima Fund - Dividend

Franklin Templeton puts building business relationships and customer satisfaction at the top of their priority list that differentiates them from the other companies. They offer very good investment options that cater to the different needs of the investors making them a very choice to pick if you wish to invest in mutual funds.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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