| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.23% |
| NAV | ₹79.26 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,052 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 8.5% |
| Axis Bank Ltd. | Financial | Equity | 7.1% |
| HDFC Bank Ltd. | Financial | Equity | 6.2% |
| Tata Power Co. Ltd. | Energy | Equity | 4.3% |
| ICICI Bank Ltd. | Financial | Equity | 4.3% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 3.7% |
| Bharti Airtel Ltd. | Communication | Equity | 3.3% |
| Bharat Electronics Ltd. | Engineering | Equity | 2.4% |
| Gujarat State Petronet Ltd. | Energy | Equity | 2.3% |
| Cholamandalam Financial Holdings 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 ₹2,052 Cr and the Latest NAV as of 23 Oct 2020 is ₹79.26.
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.