Risk | Moderately High |
---|---|
Min SIP Amount | ₹500 |
Expense Ratio | 1.09% |
NAV | ₹44.42 (27 Jan 2021) |
---|---|
Fund Started | 14 Jan 2013 |
Fund Size | ₹9,033 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 8.7% |
Infosys Ltd. | Technology | Equity | 7.5% |
ICICI Bank Ltd. | Financial | Equity | 7.4% |
Bharti Airtel Ltd. | Communication | Equity | 6.7% |
Axis Bank Ltd. | Financial | Equity | 6.0% |
Larsen & Toubro Ltd. | Construction | Equity | 4.4% |
State Bank of India | Financial | Equity | 4.3% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 3.7% |
Tata Motors Ltd. | Automobile | Equity | 3.4% |
Voltas Ltd. | Cons Durable | Equity | 2.6% |
Franklin India Equity Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 14 Jan 2013. Anand Radhakrishnan, R Janakiraman, Srikesh Nair is the Current Fund Manager of Franklin India Equity Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹9,033 Cr and the Latest NAV as of 27 Jan 2021 is ₹44.42.
The Franklin India Equity Fund Direct Dividend 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
The scheme aims to provide growth of capital and regular dividend from a portfolio of equity, debt and money market instruments and focusing on wealth creating companies across all sectors and market cap ranges.
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.