Fund Details
Franklin India Equity Advantage Fund Direct Growth
| 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 |
Returns
Comparison
Found nothing so far.
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| 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% |
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 ₹2,383 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
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.
