Franklin India Dividend Yield Fund turns Rs 10,000 SIP to Rs 1 crore in 20 years, AUM crosses Rs 2,300 crore mark

Franklin India Dividend Yield Fund delivered exceptional returns. A Rs 10,000 monthly investment since inception grew to over Rs 1.2 crore in 20 years. The fund's AUM also crossed Rs 2,300 crore. It follows a dividend yield strategy, investing in companies with consistent payouts. This approach aims for steady compounding and downside protection.