|Min SIP Amount||₹500|
|NAV||₹124.71 (23 Oct 2020)|
|Fund Started||10 Dec 1999|
|Fund Size||₹1,278 Cr|
|Axis Bank Ltd.||Financial||Equity||7.4%|
|HDFC Bank Ltd.||Financial||Equity||5.9%|
|Mahindra & Mahindra Ltd.||Automobile||Equity||4.9%|
|ICICI Bank Ltd.||Financial||Equity||4.4%|
|Bharti Airtel Ltd.||Communication||Equity||3.8%|
|Indostar Capital Finance Pvt Ltd.||Financial||Debenture||3.5%|
|Power Grid Corporation of India Ltd.||Energy||Equity||3.2%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||2.9%|
|Tata Power Co. Ltd.||Energy||Debenture||2.9%|
Franklin India Equity Hybrid Fund Growth is a Hybrid Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Sachin Padwal-Desai, Umesh Sharma, Lakshmikanth Reddy is the Current Fund Manager of Franklin India Equity Hybrid Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,278 Cr and the Latest NAV as of 23 Oct 2020 is ₹124.71.
The Franklin India Equity Hybrid Fund Growth is rated Moderately 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.