Franklin India NSE Nifty 50 Index Direct Growth

Other
Index
Very High Risk
15.99%
3Y annualised
-1.09% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 15 Apr 2024₹185.64
Min. SIP amount₹500
Rating2
Fund size₹649.61Cr

Return calculator

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

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns25.5%16.0%14.4%13.0%
Category average38.3%18.3%15.4%NA
Rank with in category835147NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
FinancialEquity10.92%
EnergyEquity10.07%
FinancialEquity7.70%
TechnologyEquity5.31%
ConstructionEquity4.57%
TechnologyEquity3.95%
Consumer StaplesEquity3.81%
CommunicationEquity3.12%
FinancialEquity2.91%
FinancialEquity2.90%
See All

Pros and cons

Category: Other Index

Pros

Cons

Lower expense ratio: 0.26%
Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Exit load is zero
Lower alpha: -1.43 The fund has generated returns lower than benchmark - NIFTY 50 Total Return Index - in the last 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.26%

Inclusive of GST

Exit load

Nil

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

Varun Sharma
Nov 2015 - Present
View details

Education
Mr. Sharma is a Bachelor in Business Studies from Sukhdev College of Business Studies, University of Delhi and holds a Post Graduate Diploma in Management from IIM - Calcutta.
Experience
Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd. he has worked with ICICI Securities (Feb 2010 - August 2014) as an Equity research Analyst and Credit Analysis and Research Limited (Apr 2009 - Feb 2010) as a Ratings Analyst.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211Free Press Journal Marg, Nariman Point Mumbai 400013
Phone
1800-425-4255 / 60004255
Launch Date
19 Feb 1996
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,

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