Franklin India Equity Advantage Fund Direct Growth

Equity
Large & MidCap
Very High Risk
27.84%
3Y annualised
+0.42% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Mar 2023₹124.38
Min. SIP amount₹500
Rating2
Fund size₹2,556.68Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Large & MidCap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-1.0%27.8%9.4%13.0%
Category average0.5%26.5%10.5%NA
Rank with in category231418NA
Understand terms

Holdings (64)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity5.8%
ICICI Bank Ltd.FinancialEquity5.7%
Reliance Industries Ltd.EnergyEquity3.8%
Infosys Ltd.TechnologyEquity3.2%
Kotak Mahindra Bank Ltd.FinancialEquity2.4%
HCL Technologies Ltd.TechnologyEquity2.3%
United Breweries Ltd.Consumer StaplesEquity2.2%
Larsen & Toubro Ltd.ConstructionEquity2.1%
Max Healthcare Institute Ltd.HealthcareEquity2.0%
The Federal Bank Ltd.FinancialEquity2.0%
See All

Pros and cons

Category: Equity Large & MidCap

Pros

Cons

Lower expense ratio: 1.37%
1Y, 5Y and 10Y annualised returns lower than category average
3Y annualised returns higher than category average by 1.32%
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.37%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 year

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Venkatesh Sanjeevi
Oct 2021 - Present
View details

Education
Mr. Sanjeevi is a PGDM (IIM- Ahmedabad), CA, B.Com
Experience
Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd., he has worked with Pictet Asset Management, London, ICICI Prudential AMC, Edelweiss Asset Mgmt. Ltd., Edelweiss Securities Ltd. and Hindustan Unilever Ltd.
Also manages these schemes

Sandeep Manam
Oct 2021 - Present
View details

Education
Mr. Manam is a PGDM (IIM-Ahmedabad), B.Tech (Electronics & Communication Engg.)- National Institute of Technology Calicut
Experience
Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd., he has worked with Cognizant Technology Solutions, Shapoorji Pallonji & Company Private Limited.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Indiabulls Finance Center, Tower 2,12th and 13th Floor, Senapati Bapat Marg,Elphinstone Road (West) Mumbai 400013
Phone
1800-425-4255 / 60004255
Launch Date
19 Feb 1996
Website
NA
Franklin Templeton Mutual Fund
Asset Management Company
Custodian
Hongkong & Shanghai Banking Corporation
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

Franklin India Equity Advantage Fund Direct Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2023 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.7.9
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI