Fund Details
Franklin India Technology Fund Direct Dividend
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.73% |
| NAV | ₹40.32 (21 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹472 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 3Y Returns are lower than the category average returns
4. Higher expense ratio - 1.61%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 25.2% |
| Tata Consultancy Services Ltd. | Technology | Equity | 10.3% |
| HCL Technologies Ltd. | Technology | Equity | 9.0% |
| Franklin Technology Fund | Financial | Forgn.MF- Equity | 7.8% |
| Bharti Airtel Ltd. | Communication | Equity | 6.5% |
| Info Edge (India) Ltd. | Services | Equity | 4.7% |
| Tech Mahindra Ltd. | Technology | Equity | 4.5% |
| MakeMy Trip Ltd. | Services | Forgn. Eq | 2.8% |
| Taiwan Semiconductor Manufacturing Co Ltd. (Taiwan) | Technology | Forgn. Eq | 2.6% |
| Larsen & Toubro Infotech Ltd. | Technology | Equity | 2.4% |
Fund Managers
Franklin India Technology Fund Direct Dividend Details
Franklin India Technology Fund Direct Dividend 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, Srikesh Nair, Varun Sharma is the Current Fund Manager of Franklin India Technology Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹472 Cr and the Latest NAV as of 21 Jan 2021 is ₹40.32.
The Franklin India Technology Fund Direct Dividend is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
Investment Objective
The scheme seeks above normal capital appreciation through investments in high quality, fast growing companies in the information technology sector. The Fund will Follow a bottom-up approach to stock pricing.
Tax Implications
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.
