|Min SIP Amount||₹500|
|NAV||₹27.86 (12 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,350 Cr|
|Axis Bank Ltd.||Financial||Equity||6.5%|
|HDFC Bank Ltd.||Financial||Equity||5.3%|
|ICICI Bank Ltd.||Financial||Equity||4.8%|
|Bharti Airtel Ltd.||Communication||Equity||4.0%|
|Housing Development Finance Corpn. Ltd.-Warrant||Financial||CP||3.5%|
|Indostar Capital Finance Pvt Ltd.||Financial||Debenture||3.3%|
|Power Grid Corporation of India Ltd.||Energy||Equity||2.9%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||2.4%|
Franklin India Equity Hybrid Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sachin Padwal-Desai, Umesh Sharma, Lakshmikanth Reddy is the Current Fund Manager of Franklin India Equity Hybrid Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,350 Cr and the Latest NAV as of 12 May 2021 is ₹27.86.
The Franklin India Equity Hybrid Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year
The scheme seeks to achieve long-term capital appreciation with stability of investment and current income from a balanced portfolio of high quality equity and fixed-income securities.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.