Franklin India Taxshield Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
29.23%
3Y annualised
+0.51% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 Mar 2023₹946.87
Min. SIP amount₹500
Rating3
Fund size₹4,584.10Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.9%29.2%11.3%14.2%
Category average0.8%25.4%10.2%NA
Rank with in category9815NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity8.9%
ICICI Bank Ltd.FinancialEquity8.8%
Infosys Ltd.TechnologyEquity6.5%
Axis Bank Ltd.FinancialEquity5.5%
Larsen & Toubro Ltd.ConstructionEquity5.2%
Bharti Airtel Ltd.CommunicationEquity5.0%
State Bank of IndiaFinancialEquity3.4%
HCL Technologies Ltd.TechnologyEquity3.1%
Grasim Industries Ltd.ConstructionEquity2.8%
United Spirits Ltd.Consumer StaplesEquity2.7%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Lock-in period: 3Y
Lower expense ratio: 1.05%
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y

Expense ratio, exit load and tax

Expense ratio: 1.05%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Anand Radhakrishnan
Oct 2021 - Present
View details

Education
Mr. Radhakrishnan is a B.Tech, CFA and PGDM from IIM Ahmedabad.
Experience
Prior to joining Franklin Templeton Investments, he has worked with Sundaram Asset Management Ltd., SBI Funds Management and Asian Convertible and Income Fund.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Indiabulls Finance Center, Tower 2,12th and 13th Floor, Senapati Bapat Marg,Elphinstone Road (West) Mumbai 400013
Phone
1800-425-4255 / 60004255
Launch Date
19 Feb 1996
Website
NA
Franklin Templeton Mutual Fund
Asset Management Company
Custodian
Hongkong & Shanghai Banking Corporation
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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