Fund Details
Franklin India Taxshield Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.89% |
| NAV | ₹645.99 (27 Jan 2021) |
|---|---|
| Fund Started | 10 Apr 1999 |
| Fund Size | ₹4,202 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. Exit load is zero
4. Age is more than 10 years
5. 10Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Higher expense ratio
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. 10Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 1.93%
9. 1Y Returns are lower than the category average returns
10. 3Y Returns are lower than the category average returns
11. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Axis Bank Ltd. | Financial | Equity | 10.1% |
| Infosys Ltd. | Technology | Equity | 10.1% |
| HDFC Bank Ltd. | Financial | Equity | 9.0% |
| ICICI Bank Ltd. | Financial | Equity | 5.6% |
| Tata Power Co. Ltd. | Energy | Equity | 3.7% |
| Bharti Airtel Ltd. | Communication | Equity | 3.7% |
| Power Grid Corporation of India Ltd. | Energy | Equity | 3.7% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.9% |
| United Breweries Ltd. | FMCG | Equity | 2.5% |
| Petronet LNG Ltd. | Energy | Equity | 2.4% |
Fund Managers
Franklin India Taxshield Growth Details
Franklin India Taxshield Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4,202 Cr and the Latest NAV as of 27 Jan 2021 is ₹645.99.
The Franklin India Taxshield Growth is rated Moderately 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%.
