|Min SIP Amount||₹500|
|NAV||₹562.31 (30 Oct 2020)|
|Fund Started||29 Sep 1994|
|Fund Size||₹8,081 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.0%|
|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 Growth is a Equity Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 29 Sep 1994. Anand Radhakrishnan, R Janakiraman, Srikesh Nair is the Current Fund Manager of Franklin India Equity Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹8,081 Cr and the Latest NAV as of 30 Oct 2020 is ₹562.31.
The Franklin India Equity 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
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.