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1 star

Franklin India Equity Advantage Fund - Direct Plan


1 Lakh

Investment declined to
₹ 0.99 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.62 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider multi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.

Like for 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 large & mid-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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 -6.35 0.67 1.68 5.43 9.56 31.26 -3.55 -0.43 4.11 11.96 --
S&P BSE Large Mid Cap TRI -0.97 3.49 -0.10 5.19 7.05 32.14 3.05 5.12 8.70 11.68 --
Equity: Large & MidCap -0.29 0.32 0.26 3.45 7.87 28.08 3.82 2.82 8.51 14.91 --
Rank within category 24 5 2 1 7 4 23 18 19 14 --
Number of funds in category 26 28 28 28 27 27 24 20 20 18 0

As on 21-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Equity Advantage Fund - Direct Plan  | Invest Online Now
1 star
Jan-13 -3.55 -0.43 4.11 1.23 2,052
Mirae Asset Emerging Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 12.42 7.68 14.69 0.79 11,466
Canara Robeco Emerging Equities Fund - Direct Plan  | Invest Online
5 star
Jan-13 11.95 5.43 11.79 0.76 5,987
Kotak Equity Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 9.17 5.44 10.50 0.82 3,757
Invesco India Growth Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.10 6.28 10.65 0.54 2,960

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.11 (26-May-2020 - 02-Jun-2020) -21.24 (16-Mar-2020 - 23-Mar-2020)
Month 19.08 (24-Mar-2020 - 23-Apr-2020) -39.69 (20-Feb-2020 - 23-Mar-2020)
Quarter 34.97 (24-Mar-2020 - 23-Jun-2020) -38.68 (24-Dec-2019 - 24-Mar-2020)
Year 80.28 (03-Sep-2013 - 03-Sep-2014) -38.30 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.13 24.16 -0.12 -0.12 1.10 -5.29
S&P BSE Large Mid Cap TRI 6.98 21.27 0.09 0.10 -- --
Equity: Large & MidCap 5.63 22.28 0.03 0.03 1.00 -1.58
Rank within category 20 21 20 20 22 20
Number of funds in category 22 22 22 22 22 22

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

As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 55
Top 10 Stocks (%) 44.40
Top 5 Stocks (%) 30.47
Top 3 Sectors (%) 52.72
Portfolio P/B Ratio 1.64
Portfolio P/E Ratio 13.87

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 42,836 63,766
Giant (%) 31.92 38.22
Large (%) 17.38 13.57
Mid (%) 36.97 44.75
Small (%) 13.73 5.09
Tiny (%) -- 0.37

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 Infosys Technology 27.07 8.76 2.21 8.50
equal Axis Bank Financial 91.28 9.08 5.64 7.13
down HDFC Bank Financial 22.98 10.15 4.85 6.24
equal Tata Power Energy 16.28 4.55 0.00 4.31
equal ICICI Bank Financial 28.07 5.94 0.00 4.30
equal Apollo Hospitals Healthcare 154.74 3.74 0.00 3.74
equal Bharti Airtel Communication -- 4.94 1.68 3.25
down Bharat Electronics Engineering 13.62 3.74 0.00 2.35
equal Gujarat State Petronet Energy 6.74 2.85 1.74 2.30
down Cholamandalam Financial Holdings Financial 10.20 3.34 0.00 2.28
down Mahindra & Mahindra Automobile -- 6.03 2.18 2.18
equal CESC Energy 6.00 2.46 0.00 2.13
equal Indian Hotels Services 173.10 2.99 0.49 2.09
down Balkrishna Industries Automobile 28.87 2.34 0.95 2.03
equal Cadila Healthcare Healthcare 32.65 2.03 0.63 2.03
equal Federal Bank Financial 7.45 2.55 0.00 1.97
equal Coromandel International Chemicals 16.61 2.69 0.00 1.93
equal NHPC Energy 6.28 1.95 0.00 1.79
equal Ashok Leyland Automobile -- 1.78 0.00 1.78
equal Larsen & Toubro Construction 15.63 2.03 0.00 1.76
equal Dr. Reddy's Lab Healthcare 42.62 2.45 1.34 1.70
equal Petronet LNG Energy 13.39 2.94 1.65 1.65
equal Mahindra CIE Automotive Metals -- 2.17 0.00 1.64
up Indusind Bank Financial 13.12 2.29 0.00 1.62
down PNB Housing Finance Financial 9.70 2.72 0.00 1.61

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-Sep-2020

Fund Manager

— Lakshmikanth Reddy since 02-May-2016

Education: Mr. Reddy is a B.Tech in Mechanical Engineering from Jawaharlal Nehru Technical University, Hyderabad and also holds a PGDM from IIM-A.

Experience: Prior to joining Franklin Templeton Mutual Fund he was associated with ICICI Pru Life Insurance Company Ltd. as Head-Equity (Jun 2004-Feb 2016), HSBC Capital Markets as Equity analyst (Apr 2003-May 2004), ABN Amro Asia Equities as Equity Analyst (Feb 2000-Mar 2003), UTI as Buy Side Analyst (Jun 1997-Feb 2000) and Crompton Greaves as Design Executive (Aug 1993-Jun 1995).

Funds Managed:

— R Janakiraman since 01-Mar-2014

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:


0.67%

Change from previous, NAV as on 21-Oct-2020

Growth: ₹ 78.6335

Dividend: ₹ 14.1291


Investment Strategy

The scheme seeks to provide medium to long-term capital appreciation by investing primarily in Large and Mid-cap stocks.

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: 01-Jan-2013
Return Since Launch: 10.65%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,052 Cr (As on 30-Sep-2020)
Expense: 1.23% (As on 30-Sep-2020)
Risk Grade: Above Average
Return Grade: Low
Turnover: 39.85%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend19-Jun-20201.0000

 15-Mar-20191.3280
 01-Mar-20182.0000
 24-Mar-20171.5000
 01-Apr-20161.5000
 27-Mar-20151.7500
 28-Mar-20141.0000
 11-Mar-20132.0000

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: http://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

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