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Franklin India Index Fund - NSE Nifty Plan - Direct Plan


1 Lakh

Investment Grown to
₹ 1.34 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.00 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 fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

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 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 -2.73 -2.04 -1.76 -3.34 -0.72 9.01 10.04 10.19 6.76 11.10 --
S&P BSE 100 TRI -2.32 -2.08 -1.58 -3.48 -0.35 9.63 10.16 10.33 7.57 12.17 --
Equity: Large Cap -1.29 -1.93 -1.25 -2.75 0.43 11.05 12.18 10.19 7.87 12.78 --
Rank within category 49 41 51 35 52 57 43 31 43 44 --
Number of funds in category 65 65 65 65 63 62 60 51 49 48 0

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.08 (03-Sep-2013 - 10-Sep-2013) -8.22 (19-Aug-2015 - 26-Aug-2015)
Month 14.22 (07-May-2014 - 06-Jun-2014) -11.95 (22-Jul-2013 - 21-Aug-2013)
Quarter 19.24 (21-Feb-2014 - 23-May-2014) -12.44 (28-May-2013 - 27-Aug-2013)
Year 51.61 (03-Sep-2013 - 03-Sep-2014) -20.16 (27-Feb-2015 - 29-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 12.27 12.10 0.55 0.87 0.98 -0.13
S&P BSE 100 TRI 12.53 12.25 0.56 0.89 -- --
Equity: Large Cap 12.05 12.32 0.52 0.80 0.96 -0.22
Rank within category 29 21 29 25 28 31
Number of funds in category 52 52 52 52 52 52

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 50
Top 10 Stocks (%) 61.08
Top 5 Stocks (%) 41.56
Top 3 Sectors (%) 68.74
Portfolio P/B Ratio 2.84
Portfolio P/E Ratio 22.28

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,78,631 2,04,483
Giant (%) 85.00 67.79
Large (%) 14.55 23.65
Mid (%) 0.46 9.41
Small (%) -- 1.75
Tiny (%) -- --

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 25.03 11.15 8.08 10.77
equal Reliance Industries Energy 20.70 10.62 6.06 10.01
equal HDFC Financial 18.27 8.39 6.45 8.39
equal ICICI Bank Financial 36.24 6.93 4.16 6.83
equal Infosys Technology 20.80 6.69 4.54 5.56
down Kotak Mahindra Bank Financial 36.73 4.62 2.89 4.60
equal Tata Consultancy Services Technology 24.96 5.30 3.06 4.40
up ITC FMCG 16.55 7.58 3.83 3.86
down Larsen & Toubro Construction 17.85 4.10 3.24 3.47
equal Axis Bank Financial 42.95 3.27 2.07 3.19
equal Hindustan Unilever FMCG 71.03 3.11 1.81 2.84
equal State Bank of India Financial 24.82 3.02 2.15 2.44
equal Bajaj Finance Financial 53.25 2.12 0.00 2.12
up Bharti Airtel Communication -- 1.94 0.92 1.94
up Maruti Suzuki India Automobile 31.33 3.16 1.57 1.81
equal Asian Paints Chemicals 64.45 1.66 1.18 1.66
equal Indusind Bank Financial 17.77 2.34 1.43 1.49
down HCL Technologies Technology 15.16 1.44 1.19 1.29
equal Nestle India FMCG 80.12 1.13 0.00 1.13
equal Bajaj Finserv Financial 37.83 1.12 0.00 1.12
up Mahindra & Mahindra Automobile 29.41 2.02 0.96 1.08
up Titan Company Cons Durable 74.73 1.15 0.00 0.98
up Tech Mahindra Technology 18.24 1.19 0.62 0.98
equal Sun Pharmaceutical Inds. Healthcare 23.30 2.24 0.89 0.94
equal NTPC Energy 5.62 1.40 0.93 0.93

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

— Varun Sharma since 30-Nov-2015

Education: Mr. Sharma is a Bachelor in Business Studies from Sukhdev College of Business Studies, University of Delhi and holds a Post Graduate Diploma in Management from IIM - Calcutta.

Experience: Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd. he has worked with ICICI Securities (Feb 2010 - August 2014) as an Equity research Analyst and Credit Analysis and Research Limited (Apr 2009 - Feb 2010) as a Ratings Analyst.

Funds Managed:


-2.04%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 96.1464

Dividend: ₹ 96.1464


Investment Strategy

The open end index linked growth scheme with the objective to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with Nifty 50 Index under NSE Nifty Plan, and to provide returns that, before expenses, closely correspond to the total return of common stocks as represented by the S&P BSE Sensex under S&P BSE Sensex Plan.

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 (₹) 2,000
Exit Load 0.25% for redemption within 7 days

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 10.57%
Benchmark: NIFTY 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 286 Cr (As on 31-Jan-2020)
Expense: 0.26% (As on 31-Jan-2020)
Risk Grade: Average
Return Grade: Below Average
Turnover: --

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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dateFriday, 28-Feb-2020
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