| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.11% |
| NAV | ₹618.70 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹8,081 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.0% |
| Infosys Ltd. | Technology | Equity | 7.0% |
| Bharti Airtel Ltd. | Communication | Equity | 6.5% |
| ICICI Bank Ltd. | Financial | Equity | 6.0% |
| Axis Bank Ltd. | Financial | Equity | 5.2% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 4.2% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.6% |
| State Bank of India | Financial | Equity | 3.2% |
| Grasim Industries Ltd. | Construction | Equity | 2.8% |
| Tata Motors Ltd. | Automobile | Equity | 2.7% |
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 ₹8,081 Cr and the Latest NAV as of 23 Oct 2020 is ₹618.70.
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
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.