Hi Srinkanth,
Can I invest the 2 lacs lumsum for 2 to 3 years amount into Franklin India Equity Savings Fund? . Kindly suggest
Regards,
Harish
1 Answers
Dear Harish,
It is an New Fund offer and the Issue has been closed on 17th Aug 2018.
It is kind of an Hybrid fund with the below proposed asset allocation.
Asset allocation
Instrument
Minimum Allocation
Maximum Allocation
Risk Profile
Equity & equity related instruments
15 %
65 %
High
Debt and money market instruments
10 %
35 %
Low to Medium
REIT and InvIT
0 %
10 %
Medium to High
If your investment horizon is around 2-3 years, advisable to pick Short term Debt Funds.
Related article :
List of Best Investment Options in India
Please login or Register to submit your answer