Franklin India ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
18.24%
3Y annualised
-0.87% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 04 Nov 2024₹1,597.46
Min. SIP amount₹500
Rating4
Fund size₹7,241.79Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns37.8%18.2%21.2%17.2%
Category average35.0%15.4%19.4%NA
Rank with in category141113NA
Understand terms

Peer Comparison

Holdings (54)

NameSectorInstrumentAssets
FinancialEquity7.82%
FinancialEquity6.98%
CommunicationEquity5.24%
TechnologyEquity5.23%
ConstructionEquity4.58%
FinancialEquity3.71%
TechnologyEquity3.59%
Consumer StaplesEquity3.41%
FinancialEquity3.28%
AutomobileEquity3.21%
EnergyEquity2.96%
EnergyEquity2.88%
ServicesEquity2.63%
ConstructionEquity2.49%
Capital GoodsEquity2.44%
FinancialEquity2.10%
HealthcareEquity2.06%
Consumer DiscretionaryEquity1.95%
Capital GoodsEquity1.77%
TextilesEquity1.59%
Consumer DiscretionaryEquity1.55%
TechnologyEquity1.55%
Consumer StaplesEquity1.55%
HealthcareEquity1.44%
ServicesEquity1.37%
Consumer StaplesEquity1.30%
AutomobileEquity1.26%
EnergyEquity1.25%
ServicesEquity1.21%
EnergyEquity1.18%
HealthcareEquity1.14%
AutomobileEquity1.07%
ServicesEquity1.03%
FinancialEquity0.98%
ConstructionEquity0.98%
HealthcareEquity0.87%
Capital GoodsEquity0.83%
TechnologyEquity0.76%
ConstructionEquity0.74%
ConstructionEquity0.73%
DiversifiedEquity0.66%
ServicesEquity0.62%
ServicesEquity0.53%
CommunicationEquity0.52%
Capital GoodsEquity0.48%
FinancialEquity0.46%
ConstructionEquity0.42%
Capital GoodsEquity0.37%
Consumer StaplesEquity0.31%
ChemicalsEquity0.28%
OthersEquity0.14%
ConstructionPPE0.07%
Globsyn Technologies
TechnologyEquity0.00%
Numero Uno International Ltd
ServicesEquity0.00%
See All

Pros and cons

Category: Equity ELSS

Pros

Exit load is zero
Lower expense ratio: 1%
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher alpha: 4.23 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Cons

Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 1.00%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

R Janakiraman
May 2016 - Present
View details

Fund house & investment objective

Fund house contact details

Address
Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211Free Press Journal Marg, Nariman Point Mumbai 400013
Phone
1800-425-4255 / 60004255
Launch Date
19 Feb 1996
Franklin Templeton Mutual Fund
Asset Management Company
Custodian
Hongkong & Shanghai Banking Corporation
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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