TMIP is an open-end income fund, with the objective of earning regular income through investments primarily in highly rated debt securities.
Franklin India Low Duration Fund - Growth charges 0.5% of sell value; if fund sold before 90 days. There are no other charges.
If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.
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