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Franklin India Equity Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.22 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.80 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 fund invests in a combination of large and medium-sized companies, thereby providing some degree of flexibility to the fund management team to invest in companies of different sizes, depending upon where it expects maximum gains. We believe this flexibility is good for fund investors but we suggest one should also consider multi cap funds which offer complete freedom to fund managers to choose companies of different sizes.

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 large and 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 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.28 -0.52 -1.74 -1.42 4.13 10.16 10.03 6.76 5.86 13.54 --
S&P BSE Large Mid Cap TRI 0.14 -0.61 -0.34 -1.66 2.39 10.62 13.42 11.36 8.14 12.73 --
Equity: Large & MidCap 3.56 -0.45 -0.49 1.35 5.70 15.35 19.02 10.81 9.21 16.07 --
Rank within category 23 18 26 24 19 23 22 18 16 13 --
Number of funds in category 26 27 27 27 25 24 23 20 19 18 0

As on 14-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.61 (03-Sep-2013 - 10-Sep-2013) -7.70 (17-Aug-2015 - 24-Aug-2015)
Month 17.22 (07-May-2014 - 06-Jun-2014) -13.53 (07-Sep-2018 - 09-Oct-2018)
Quarter 25.90 (03-Mar-2014 - 02-Jun-2014) -12.03 (14-Jan-2013 - 15-Apr-2013)
Year 80.28 (03-Sep-2013 - 03-Sep-2014) -13.17 (03-Sep-2018 - 03-Sep-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.51 12.33 0.23 0.32 0.94 -3.50
S&P BSE Large Mid Cap TRI 12.20 12.43 0.53 0.83 -- --
Equity: Large & MidCap 11.65 13.41 0.45 0.65 0.99 -0.71
Rank within category 18 5 19 20 8 19
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 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 58
Top 10 Stocks (%) 41.85
Top 5 Stocks (%) 26.40
Top 3 Sectors (%) 52.25
Portfolio P/B Ratio 1.96
Portfolio P/E Ratio 17.75

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 46,471 61,840
Giant (%) 33.63 39.24
Large (%) 18.72 11.15
Mid (%) 36.00 46.31
Small (%) 11.64 6.52
Tiny (%) -- 0.19

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
equal Axis Bank Financial 43.49 8.99 5.64 8.30
equal HDFC Bank Financial 25.37 10.67 4.85 4.85
down ICICI Bank Financial 36.96 5.46 0.00 4.78
up Infosys Technology 20.56 4.53 2.21 4.52
equal Bharti Airtel Communication -- 3.94 1.68 3.94
down Cholamandalam Financial Holdings Financial 11.32 3.26 0.00 3.26
equal Tata Chemicals Chemicals 15.49 3.15 0.00 3.15
up Tata Power Energy 21.26 3.12 0.00 3.12
equal Mahindra & Mahindra Automobile 30.16 6.03 2.84 3.02
equal Grasim Industries Construction 11.95 4.13 1.46 2.91
up Indian Hotels Services 39.58 2.88 0.31 2.88
down Coromandel International Chemicals 19.42 2.69 0.00 2.44
equal Federal Bank Financial 10.04 2.31 0.00 2.31
equal Petronet LNG Energy 13.73 2.94 2.11 2.27
down Gujarat State Petronet Energy 8.73 2.85 1.74 2.26
equal Dr. Reddy's Lab Healthcare 32.19 2.63 1.36 2.22
up PNB Housing Finance Financial 5.50 2.72 0.00 2.10
equal Hindalco Inds. Metals 9.99 4.00 0.00 1.97
up Apollo Hospitals Healthcare 74.46 1.94 0.00 1.94
down Power Grid Corporation Energy 6.18 2.92 1.56 1.93
up CESC Energy 7.31 2.08 0.00 1.92
down Kotak Mahindra Bank Financial 37.06 7.00 0.00 1.91
up Bharat Electronics Engineering 14.36 1.83 0.00 1.83
equal Indian Oil Corp. Energy 8.16 3.16 0.00 1.70
down Mahindra CIE Automotive Metals 13.07 2.17 0.00 1.65

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 31-Jan-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:


-0.52%

Change from previous, NAV as on 14-Feb-2020

Growth: ₹ 85.0370

Dividend: ₹ 16.5305


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: 12.96%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,623 Cr (As on 31-Jan-2020)
Expense: 1.18% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Below Average
Turnover: 27.19%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend15-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: 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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Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM