Fund Details
Franklin India Prima Direct Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.06% |
| NAV | ₹1292.41 (21 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹7,065 Cr |
Returns
Comparison
1. Lower expense ratio - 1.08%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Risk-adjusted returns are lower compared to the category
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 4.0% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 4.0% |
| ICICI Bank Ltd. | Financial | Equity | 3.9% |
| Kansai Nerolac Paints Ltd. | Chemicals | Equity | 3.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.5% |
| The Ramco Cements Ltd. | Construction | Equity | 3.2% |
| Info Edge (India) Ltd. | Services | Equity | 3.2% |
| Voltas Ltd. | Cons Durable | Equity | 3.1% |
| City Union Bank Ltd. | Financial | Equity | 3.0% |
| Aarti Industries Ltd. | Chemicals | Equity | 2.6% |
Fund Managers
Franklin India Prima Direct Fund Growth Details
Franklin India Prima Direct Fund 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, Hari Shyamsunder is the Current Fund Manager of Franklin India Prima Direct Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹7,065 Cr and the Latest NAV as of 21 Jan 2021 is ₹1292.41.
The Franklin India Prima Direct Fund 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
An open-end growth scheme with an objective to provide medium to long term capital appreciation as a primary objective and income as a secondary objective.
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.
