Franklin India Fund NAV Dips Slightly
By Business Desk
Franklin India Medium to Long Term Fund’s NAV saw a minor 0.04% dip to ₹10.6299 on August 28, 2026. Explore fund details and management.
The Franklin India Medium to Long Term Fund – Regular Plan registered a marginal decrease of 0.04% in its Net Asset Value (NAV), closing at 10.6299 as of August 28, 2026. This open-ended debt fund is benchmarked against the CRISIL Medium to Long Duration Debt A-III Index.
Key Fund Metrics
- NAV as of August 28, 2026: 10.6299
- Daily Change: -0.04%
- Minimum Initial Investment: ₹5,000
- Subsequent Investment: ₹1,000
Launched on September 24, 2024, the fund is classified under Debt: Medium to Long Duration. It offers investors various options including Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), and Systematic Withdrawal Plan (SWP).
Fund Management Expertise
The scheme is jointly managed by Anuj Tagra and Chandni Gupta, both of whom have been associated with the fund since its inception in September 2024, accumulating a tenure of 1.99 years each.
- Anuj Tagra: Holds an MBA and oversees 7 schemes. His professional background includes tenures at ICICI Prudential AMC, Union Bank of India, and Fidelity Investments.
- Chandni Gupta: Possesses a B.E. in IT and a CFA degree, managing 6 schemes. Her prior experience spans ICICI Prudential Asset Management Company Limited, Morgan Stanley Investment Management, HSBC Bank, and Standard Chartered Mutual Fund.
The Franklin India Medium to Long Term Fund features no entry or exit loads, making it accessible for investors considering its debt-focused strategy.