Franklin India NSE Nifty 50 Index Direct Growth

Equity
Index
Very High Risk
13.59%
3Y annualised
-1.16% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 06 Sep 2024₹208.46
Min. SIP amount₹500
Rating2
Fund size₹718.89Cr

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 Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns27.7%13.6%18.5%13.6%
Category average38.8%16.1%19.9%NA
Rank with in category855742NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
FinancialEquity11.60%
EnergyEquity9.75%
FinancialEquity7.86%
TechnologyEquity5.06%
ConstructionEquity4.36%
Consumer StaplesEquity3.82%
TechnologyEquity3.75%
CommunicationEquity3.59%
FinancialEquity3.32%
FinancialEquity3.20%
See All

Pros and cons

Category: Equity Index

Pros

Lower expense ratio: 0.24%
Exit load is zero

Cons

Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lower alpha: -1.68 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: 0.24%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

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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