Fund Details
Franklin India Equity Advantage Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.36% |
| NAV | ₹121.38 (23 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,731 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
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 | 10.0% |
| HDFC Bank Ltd. | Financial | Equity | 7.1% |
| Axis Bank Ltd. | Financial | Equity | 6.8% |
| ICICI Bank Ltd. | Financial | Equity | 5.3% |
| Tata Power Company Ltd. | Energy | Equity | 4.2% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 3.4% |
| The Indian Hotels Company Ltd. | Services | Equity | 3.1% |
| Bharti Airtel Ltd. | Communication | Equity | 2.8% |
| The Federal Bank Ltd. | Financial | Equity | 2.7% |
| City Union 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 ₹2,731 Cr and the Latest NAV as of 23 Jul 2021 is ₹121.38.
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.
