Franklin India Medium to Long Duration Fund NFO: Nav

Franklin India Medium to Long Duration Fund-Direct Growth: Complete Overview

Franklin Templeton Mutual Fund has launched the Franklin India Medium to Long Duration Fund-Direct Growth under its AMC Franklin Templeton Asset Management (India) Pvt. Ltd. It is a medium-term open-ended debt scheme that invests in securities with a Macaulay duration of 4 to 7 years for the portfolio. The NFO date is from September 03 to September 17, 2024, with an NFO price of Rs.5000 and in multiples of Rs.1 thereafter. This NFO Scheme will reopen for continuous sale on 26 September 2024.The scheme is available in two options Franklin India Medium to Long Duration Fund-Growth and Franklin India Medium to Long Duration Fund-Regular.Today at the Franklin NFO, we're dedicated to providing you with useful information on this new NFO, including financial characteristics and any prior performance. Keep reading to know the details of this new fund offer.

Franklin India Medium to Long Duration Fund NFO Details

This NFO Mutual Fund is suitable for investors who want to achieve medium to long-term capital gain and invest mostly in money market and debt securities, with a portfolio Macaulay term of 4 to 7 years. The scheme is a very moderate-risk scheme. There is no assurance that the scheme's investment goal will be met. The scheme will invest 0-100% of its units in Debt & Money Market Instruments, cash & cash equivalent including Government securities.

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Fund Overview

The Franklin India Medium to Long Duration Fund NFO minimum subscription amount is Rs.5000 and in multiples of Rs.1 thereof.

How To Invest In The NFO After The Closure Date?

If you have missed participating in the NFO and now want to invest in the same Scheme on a continuous basis, then on September 26, 2024, when the Scheme will reopen; you will have the option to participate and invest directly in the Mutual Fund by spending at NAV based price by logging on to your Demat account and search for “Franklin India Medium to Long Duration Fund” or directly with the AMC or simply click the ‘Banner’ below.

The Objective of The Fund

The Scheme aims to generate capital appreciation by investing mostly in the made-in money market and debt securities, with a portfolio Macaulay term of 4 to 7 years. Nevertheless, there can be no assurance or guarantee that the scheme's investment goals will be met.

Asset Allocation (% of Total Assets) of the Scheme's portfolio will be as follows:

How to apply for NFO?

You can apply for NFO via online platforms such as AMC’s website, and channel partner website, by filling out an application form, and the mobile apps of Fund House.

It's important to research the AMC performance before investing.

Peers of Franklin India Medium to Long Duration Fund 

Since this scheme is a new scheme, hence no comparable data on its past performance against its peers is available.

Risk Factors In Such Funds

• The program would invest in a variety of securitized debt instruments that involve varying degrees and kinds of risk. Because of this, the scheme's risk could go up or down based on its investments in securitized debt.

• The secondary market for securitized papers is not particularly liquid right now. It is not guaranteed that these securities will find a strong secondary market. This can make it more difficult for the investor to resell them.

• If the fund makes investments in debt instruments that aren't regularly traded on the market, it could be exposed to liquidity risk.

• The performance of the fund may be impacted by broader market conditions including global financial crises, monetary policy changes, or economic downturns.

Past Performance of Medium to Long-Duration Funds

Franklin India Medium to Long Duration Fund NFO-Who Can Invest?

This Fund is ideal for those who want to primarily invest in debt and money market instruments with a portfolio Macaulay term of 4 to 7 years to generate medium-to long-term wealth gains. 

Franklin India Medium to Long Duration Fund-Growth Fund Managers:

• Chandni Gupta 

• Anuj Tagra

Conclusion

The Franklin India Medium to Long Duration Fund is appropriate for investors who are not high-risk-tolerant and can bear moderate risk investment. This fund scheme focuses mostly on debt and money market instruments with a portfolio Macaulay term of 4 to 7 years.