Fund Details
Franklin India Taxshield IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.88% |
| NAV | ₹47.29 (23 Jun 2021) |
|---|---|
| Fund Started | 10 Apr 1999 |
| Fund Size | ₹4,636 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. Exit load is zero
5. 10Y Returns are higher than the category average returns
1. Higher expense ratio - 1.88%
2. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 8.4% |
| Axis Bank Ltd. | Financial | Equity | 8.3% |
| HDFC Bank Ltd. | Financial | Equity | 8.1% |
| ICICI Bank Ltd. | Financial | Equity | 6.1% |
| Power Grid Corporation of India Ltd. | Energy | Equity | 4.0% |
| Tata Power Co. Ltd. | Energy | Equity | 3.8% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.7% |
| Bharti Airtel Ltd. | Communication | Equity | 2.6% |
| Grasim Industries Ltd. | Construction | Equity | 2.6% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.4% |
Fund Managers
Franklin India Taxshield IDCW Details
Franklin India Taxshield IDCW is a Equity Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 10 Apr 1999. R Janakiraman, Lakshmikanth Reddy is the Current Fund Manager of Franklin India Taxshield IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹4,636 Cr and the Latest NAV as of 23 Jun 2021 is ₹47.29.
The Franklin India Taxshield IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The scheme seeks medium to long term growth of capital, with income tax rebate. The scheme invests in equities and there is an exposure to PSU Bonds and debentures and Money Market instruments.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
