Fund Details
Franklin India Equity Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.10% |
| NAV | ₹797.68 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹9,033 Cr |
Fund Overview
Returns
Comparison
1. Lower expense ratio - 1.11%
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.3% |
| ICICI Bank Ltd. | Financial | Equity | 6.9% |
| Infosys Ltd. | Technology | Equity | 6.7% |
| Bharti Airtel Ltd. | Communication | Equity | 6.5% |
| Axis Bank Ltd. | Financial | Equity | 6.1% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 4.2% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.1% |
| State Bank of India | Financial | Equity | 3.9% |
| Tata Motors Ltd. | Automobile | Equity | 3.4% |
| Voltas Ltd. | Cons Durable | Equity | 2.6% |
Fund Managers
Franklin India Equity Fund Direct Growth Details
Franklin India Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Anand Radhakrishnan, R Janakiraman, Srikesh Nair is the Current Fund Manager of Franklin India Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹9,033 Cr and the Latest NAV as of 20 Jan 2021 is ₹797.68.
The Franklin India Equity Fund Direct 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
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.
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.
