Fund Details
Franklin India Equity Advantage Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.35% |
| NAV | ₹101.84 (20 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,459 Cr |
Returns
Comparison
Found nothing so far.
1. 3Y Returns are lower than the category average returns
2. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.6% |
| 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% |
Fund Managers
Franklin India Equity Advantage Fund Direct Growth Details
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 ₹2,459 Cr and the Latest NAV as of 20 Apr 2021 is ₹101.84.
The Franklin India Equity Advantage Fund Direct Growth 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
Investment Objective
The scheme seeks to provide medium to long-term capital appreciation by investing primarily in Large and Mid-cap stocks.
Tax Implications
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.
