Franklin India Dynamic Accrual Fund is an open ended debt dynamic bond fund. It was launched on March 5, 1997. The investment objective of Franklin India Dynamic Accrual Fund is to develop stable source of income and capital generation by investing in high liquid money market securities and high credit quality of debt instruments.
Franklin India Dynamic Accrual Fund is exposed to fixed income securities and corporate bonds in order to yield high accrual income. You can earn capital gain by investing in Franklin India Dynamic Accrual Fund growth scheme for a minimum period of 4 years or more.
Franklin India Dynamic Accrual Fund Facts
- Franklin India Dynamic Accrual Fund portfolio allocation includes 85.59% in corporate debt, 11.77% in PSU/PFI Bonds, 2.64% in money market instruments.
- The last 3 year and 5 year returns from Franklin India Dynamic Accrual Fund growth scheme are 9.05% and 9.92% respectively which exceed the benchmark index.
- Franklin India Dynamic Accrual Fund exit load is nil if you redeem the fund units after 48 months of the allotment date.
- Apart from stable return, this fund also focuses on capital gains.
- If you want to earn high accrual income and potential capital gain, then you can easily invest in Franklin India Dynamic Accrual mutual fund scheme plan online in India
Top 4 Sectors of Franklin India Dynamic Accrual Fund
|
S.No. |
Holding Name |
Net Assets (in %) |
|
1 |
Corporate Debt |
85.59 |
|
2 |
PSU/PFI Bonds |
11.77 |
|
3 |
Other Assets |
1.8 |
|
4 |
Money Market Instruments |
0.84 |
(as on 16/04/2019)
Top 10 Holdings of Franklin India Dynamic Accrual Fund
|
S.No. |
Holding Name |
Net Assets (in %) |
|
1 |
Shriram Transport Finance Co. Ltd. |
7.03 |
|
2 |
Dolvi Minerals And Metals Pvt. Ltd., zero cpn., (22/10/2019) |
3.28 |
|
3 |
Power Finance Corp. Ltd. |
3.04 |
|
4 |
Pune Solapur Expressways Pvt. Ltd., 9%, (31-Mar-2029) |
3.01 |
|
5 |
Uttar Pradesh Power Corp. Ltd., 10.15% (20-Jan-2023) |
2.9 |
|
6 |
Adani Rail Infra Pvt., z Ltd., zero cpn., (28-Apr-2023) |
2.76 |
|
7 |
Andhra Pradesh Capital Region Development Authority |
2.76 |
|
8 |
MA Multi-Trade Private Ltd., zero cpn, (27-Nov-2020) |
2.62 |
|
9 |
Piramal Enterprises Ltd. 9%, (29-May-2020) |
2.6 |
|
10 |
Edelweiss Commodities Services Ltd. |
2.6 |
(as on 16/04/2019)
Franklin India Dynamic Accrual Fund Details
Launch Date- March 05, 1997
Fund Manager- Mr. Umesh Sharma, Mr. Santosh Kamath, Mr. Sachin Shankar Padwal Desai
Risk- Moderate
Benchmark- CRISIL Composite Bond Fund Index, CRISIL 10 Year Gilt Index
Return Since Launch- 8.95%
AUM- Rs. 3872.29 crore (as on 31st Mar, 2019)
Following is the performance of Franklin India Dynamic Accrual Fund-
|
|
1-Year |
3-Year |
5-Year |
10-Year |
|
Fund |
8.18 |
9.05 |
9.92 |
8.01 |
|
VR Bond |
6.62 |
6.54 |
7.74 |
6.76 |
|
Category |
6.14 |
6.86 |
8.41 |
7.66 |
|
Rank within Category |
3 |
1 |
2 |
3 |
|
Number of funds in category |
26 |
24 |
23 |
13 |
|
As on Apr 16, 2019 |
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