|Min SIP Amount||₹500|
|NAV||₹12.73 (09 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,836 Cr|
|Axis Bank Ltd.||Financial||Equity||6.6%|
|HDFC Bank Ltd.||Financial||Equity||6.4%|
|Bharti Airtel Ltd.||Communication||Equity||4.8%|
|ICICI Bank Ltd.||Financial||Equity||4.5%|
|Mahindra & Mahindra Ltd.||Automobile||Equity||3.3%|
|Tata Power Co. Ltd.||Energy||Equity||3.1%|
|Grasim Industries Ltd.||Construction||Equity||2.9%|
|Apollo Hospitals Enterprise Ltd.||Healthcare||Equity||2.6%|
|Coromandel International Ltd.||Chemicals||Equity||2.5%|
Franklin India Equity Advantage Fund Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,836 Cr and the Latest NAV as of 09 Jul 2020 is ₹12.73.
The Franklin India Equity Advantage Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
An open-end diversified equity fund that seeks to provide medium to long-term capital appreciation by investing in stocks across the entire market capitalization range.
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.