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Franklin Templeton India Short Term Income Plan – Retail Plan – Details & Review

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Franklin India Short Term Income Plan  is a Debt Plan ( Short Term)

Launch date  Jan 31 2002

Minimum Investment – Rs 5000

Exit Load – 0.5% for redemption within 1 year

Expense ration – 1.52%  (31-3-2014)

AUM – Rs 9080 crore 9 as on 30-6-2014)

 

Performance of Franklin Templeton India Short Term Income Plan – Retail Plan over last 5 years ( as on 9/7/2014)

  AUM 1 year 2 year 3 Year 5 Year
  Rs in crores         
Templeton (I) ST Income -Retail (G)  9080 9.1 9.8 9.7 8.7

 

Portfolio of  Franklin Templeton India Short Term Income Plan – Retail Plan

Instrument Credit Rating 1Y Range % Assets
10.55% JSW Steel 2017 Debenture AA 4.5
Andhra Bank 2014 Certificate of Deposit P1+ 3.83
Dewan Housing Fin. Corpn. 2019 Debenture AA+ 3.64
International Maritime & Allied Services 2015 Debenture A 3.63
Reserve Bank of India 91-D 21/08/2014 Treasury Bills SOV 3.16
Dena Bank 2014 Certificate of Deposit P1+ 3.05
12% IL&FS Transportation Networks 2019 Debenture A 2.7
4% HPCL Mittal Pipelies 2020 Debenture AA- 2.34
11% Dewan Housing Fin. Corpn. 2019 Debenture AA+ 2.26
Tata Capital Housing Finance 2015 Debenture AA+ 2.15
Andhra Bank 2014 Certificate of Deposit P1+ 2.13
Essel Corporate Resources 2017 Structured Obligation A- 2.07
Canara Bank 2014 Certificate of Deposit P1+ 2.06
JSW Techno Projects Management 2017 Debenture A 1.86
JSW Techno Projects Management 2015 Debenture A 1.8
4% HPCL Mittal Energy 2020 Debenture AA- 1.75
JSW Techno Projects Management 2016 Debenture A 1.65
11.9% Prime Publishing 2016 Debenture A- 1.62
Andhra Bank 2014 Certificate of Deposit P1+ 1.61
4% HPCL Mittal Pipelies 2022 Debenture AA- 1.47
Magma Fincorp 2016 Debenture AA+ 1.36
8% Mahindra Lifespace Dev 2017 Debenture A+ 1.35
10.07% Century Textiles & Inds. 2015 Debenture AA- 1.35
Export-Import Bank 90-D 23/06/2014 Commercial Paper P1+ 1.28
Indian Bank 2014 Certificate of Deposit P1+ 1.28

Portfolio Aggregates

Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 111 115 102 34
Modified Duration (yrs) 1.69 1.64 1.81
Average Maturity (yrs) 1.86 2.3 1.75 2.17
Yield to Maturity (%) 10.73 10.26 9.44

Summary

Fund is performing well and can be considered for Invesment in this Asset class.

If you have any queries related to this article or any other personal finance query ( Investment, Taxation etc), please comment below

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The author is a Chartered Accountant and loves to write about Personal Finance, Wealth Management, Taxation etc. Disclaimer - The articles on this website is for informational and knowledge purposes and should not be treated as financial advice, Please consult your financial advisor before taking any investment decision.

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