|Min SIP Amount||₹500|
|NAV||₹17.85 (12 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹2,457 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.8%|
|Axis Bank Ltd.||Financial||Equity||7.1%|
|ICICI Bank Ltd.||Financial||Equity||5.4%|
|Tata Power Co. Ltd.||Energy||Equity||4.4%|
|Apollo Hospitals Enterprise Ltd.||Healthcare||Equity||3.0%|
|Bharti Airtel Ltd.||Communication||Equity||3.0%|
|Indian Hotels Co. Ltd.||Services||Equity||2.7%|
|City Union Bank Ltd.||Financial||Equity||2.7%|
|Federal Bank Ltd.||Financial||Equity||2.6%|
Franklin India Equity Advantage Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 01 Jan 2013. R Janakiraman, Srikesh Nair, Lakshmikanth Reddy is the Current Fund Manager of Franklin India Equity Advantage Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹2,457 Cr and the Latest NAV as of 12 May 2021 is ₹17.85.
The Franklin India Equity Advantage Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
The scheme seeks to provide medium to long-term capital appreciation by investing primarily in Large and Mid-cap stocks.
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.