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Franklin India Equity Fund


1 Lakh

Investment declined to
₹ 0.92 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.14 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a multi cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending upon where it expects maximum gains. This versatility makes multi cap funds most suitable for equity fund investors as the job of stock selection is completely left to the fund manager, which is the very idea of investing in a mutual fund.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other multi cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -16.46 0.80 7.88 4.63 -11.60 -15.73 -18.22 -2.89 2.62 10.34 9.74
S&P BSE 500 TRI -16.41 0.81 8.06 2.43 -11.58 -15.27 -15.96 0.58 5.52 9.83 8.17
Equity: Multi Cap -15.45 0.69 6.83 1.82 -12.74 -14.29 -14.00 -0.30 4.68 10.90 8.90
Rank within category 34 15 9 5 20 39 46 35 33 22 8
Number of funds in category 60 61 61 61 61 59 55 42 40 34 29

As on 03-Jun-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 18.37 (13-May-2009 - 20-May-2009) -17.86 (16-Mar-2020 - 23-Mar-2020)
Month 36.25 (03-Dec-1999 - 04-Jan-2000) -36.14 (20-Feb-2020 - 23-Mar-2020)
Quarter 74.29 (09-Mar-2009 - 10-Jun-2009) -39.73 (22-Feb-2000 - 23-May-2000)
Year 233.99 (04-Jan-1999 - 04-Jan-2000) -49.95 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -1.89 20.74 -0.35 -0.37 0.97 -3.56
S&P BSE 500 TRI 1.56 21.09 -0.18 -0.20 -- --
Equity: Multi Cap 0.74 20.77 -0.22 -0.24 0.95 -1.00
Rank within category 35 25 38 37 29 38
Number of funds in category 43 43 43 43 43 43

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 56
Top 10 Stocks (%) 46.96
Top 5 Stocks (%) 31.50
Top 3 Sectors (%) 49.46
Portfolio P/B Ratio 1.80
Portfolio P/E Ratio 16.66

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 76,444 95,078
Giant (%) 53.34 54.39
Large (%) 19.86 16.54
Mid (%) 21.13 21.55
Small (%) 5.67 8.26
Tiny (%) -- 0.31

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down HDFC Bank Financial 20.69 9.62 8.17 8.27
down Bharti Airtel Communication -- 6.97 3.35 6.97
down Infosys Technology 18.03 7.35 3.71 6.92
up ICICI Bank Financial 24.28 5.73 3.67 5.24
down Axis Bank Financial 61.89 4.58 2.20 4.09
down Larsen & Toubro Construction 13.70 4.26 3.02 3.70
up HCL Technologies Technology 13.94 3.52 1.94 3.52
up Mahindra & Mahindra Automobile 27.54 3.99 2.51 3.11
up State Bank of India Financial 11.10 3.00 1.26 2.81
equal HPCL Energy 11.22 2.31 0.00 2.31
up NTPC Energy 4.80 2.26 1.23 2.26
equal United Breweries FMCG 54.90 2.45 1.46 2.25
up United Spirits FMCG 63.89 2.15 0.00 2.15
down Marico FMCG 41.85 2.79 1.33 2.10
up Kotak Mahindra Bank Financial 31.20 3.58 2.05 2.08
equal Voltas Cons Durable 36.74 2.48 1.66 2.03
down ACC Construction 17.53 2.17 0.88 1.95
up TVS Motor Co. Automobile 26.85 1.94 0.00 1.94
up Tech Mahindra Technology 13.79 2.38 1.49 1.93
equal Ultratech Cement Construction 19.04 1.96 0.00 1.92
equal ICICI Prudential Life Insurance Co. Ltd. Financial 52.48 1.89 0.00 1.89
equal Grasim Industries Construction 9.62 2.60 0.00 1.85
equal Tata Motors Automobile -- 3.00 1.54 1.81
down Sun Pharmaceutical Inds. Healthcare 31.34 1.88 1.06 1.81
up HDFC Financial 14.54 2.00 0.00 1.58

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2020

Fund Manager

— Anand Radhakrishnan since 01-Apr-2007

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.

Funds Managed:

— R Janakiraman since 01-Feb-2011

Education: Mr. Janakiraman is a B.E and PGDM (Business Management).

Experience: Prior to joining Franklin Templeton Investments, he has worked with Indian Syntans Inv. Pvt. Ltd., Citicorp Information Tech Ltd. and UTI Securities Exchange Ltd.

Interviews:

Funds Managed:


0.80%

Change from previous, NAV as on 03-Jun-2020

Growth: ₹ 493.5148

Dividend: ₹ 27.8501


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 29-Sep-1994
Return Since Launch: 16.39%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 8,481 Cr (As on 30-Apr-2020)
Expense: 1.83% (As on 30-Apr-2020)
Risk Grade: Average
Return Grade: Below Average
Turnover: 33.64%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend14-Feb-20202.4349

 22-Feb-20192.4349
 23-Feb-20183.5000
 10-Mar-20172.5000
 26-Feb-20162.5000
 13-Feb-20152.5000
 21-Feb-20142.0000
 15-Feb-20133.0000
 02-Mar-20122.5000
 18-Feb-20113.0000
 19-Feb-20106.0000
 25-Feb-20092.5000
 13-Feb-20086.0000
 07-Mar-20073.0000
 15-Nov-20066.0000
 09-Nov-20055.5000
 27-Oct-20044.0000
 23-Mar-20042.5000
 19-Aug-20032.0000
 18-Mar-20022.0000
 19-Jan-20012.5000
 13-Oct-20003.0000
 10-Sep-19992.0000

Contact Information

AMC: Franklin Templeton Asset Management India Private Ltd

Address: Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West) Mumbai - 400013

Phone: 1800-425-4255 / 60004255

Email: [email protected]

Website: www.franklintempletonindia.com

Registrar & Transfer Agent: Franklin Templeton Asset Management (India) Pvt. Ltd.

Address: Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi Chennai - 600096

Upcoming Video

Value Investing

Shop for value or hold cash

dateFriday, 12-Jun-2020
time12:30 PM - 01:00 PM