Risk | Moderately High |
---|---|
Min SIP Amount | ₹500 |
Expense Ratio | 1.29% |
NAV | ₹99.11 (25 Jan 2021) |
---|---|
Fund Started | 01 Jan 2013 |
Fund Size | ₹2,383 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
Infosys Ltd. | Technology | Equity | 9.1% |
Axis Bank Ltd. | Financial | Equity | 9.0% |
HDFC Bank Ltd. | Financial | Equity | 7.2% |
ICICI Bank Ltd. | Financial | Equity | 5.6% |
Tata Power Co. Ltd. | Energy | Equity | 4.6% |
Bharti Airtel Ltd. | Communication | Equity | 3.4% |
Cholamandalam Financial Holdings Ltd. | Financial | Equity | 2.7% |
Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.6% |
Bharat Electronics Ltd. | Engineering | Equity | 2.5% |
Federal Bank Ltd. | Financial | Equity | 2.3% |
Franklin India Equity Advantage Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,383 Cr and the Latest NAV as of 25 Jan 2021 is ₹99.11.
The Franklin India Equity Advantage Fund Direct Growth 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
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.