NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Franklin India Pension Plan Growth for NRI [203.49]

Min Investment

500

Fund Size

512.71 Cr

Expense Ratio

2.3%

Exit Load

3%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

203.49

-0.11%

NAV as on 22 Jun 24, 12:00 AM

moderately high risk

retirement

debt

NAV as on 22 Jun 24, 12:00 AM

moderately high risk

retirement

debt

18.66%p.a.

Last 1Y

9.66%p.a.

Last 3Y

9.64%p.a.

Last 5Y

11.64%p.a.

Since Inception

About Franklin India Pension Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin India Pension Plan Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Retirement mutual fund scheme that predominantly invests in Retirement stocks of companies. Launched on Mar 1997, Franklin India Pension Plan Growth is Retirement fund of its category with 512.71 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Retirement funds.

  • Franklin India Pension Plan Growth delivered 18.7% annual returns during the last year. It has delivered 11.6% average annual returns since the fund was launched.
  • Franklin India Pension Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The Fund seeks to provide investors regular income under the Dividend Plan and capital appreciation under the Growth Plan.

Top 10 Holdings

5.63% Govt Stock 2026

9.75%

5.74% Govt Stock 2026

9.66%

Small Industries Development Bank of India 7.68%

6.02%

National Bank For Agriculture And Rural Development

5.20%

Bharti Telecom Limited

5.18%

HDB Financial Services 7.5%

5.16%

Bajaj Housing Finance Limited

4.98%

Mahindra & Mahindra Financial Services Ltd

4.95%

Reliance Industries Limited

3.24%

HDFC Bank Ltd

3.17%

Fund Managers

  1. Pallab Roy (Mar 2024 - Present)
  2. Anuj Tagra (Apr 2024 - Present)
  3. Varun Sharma (Sep 2023 - Present)
  4. Rajasa Kakulavarapu (Sep 2021 - Present)

Key Information

View Scheme Document

Franklin India Pension Plan Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Franklin India Pension Plan Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Franklin India Pension Plan Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Franklin India Pension Plan Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions