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2 star

Franklin India Equity Fund - Direct Plan


Equity: Multi Cap

1 Lakh

Investment declined to
₹ 0.96 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.35 Lakh

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 -12.61 -1.64 -2.65 3.18 15.23 -14.78 -9.95 -1.41 3.68 12.11 --
S&P BSE 500 TRI -11.23 -1.58 -1.67 6.30 18.53 -13.06 -6.56 1.55 5.78 10.80 --
Equity: Multi Cap -10.38 -1.27 -1.43 5.51 15.49 -12.06 -4.72 1.47 5.77 12.70 --
Rank within category 42 53 59 57 27 44 45 34 32 22 --
Number of funds in category 59 61 61 60 60 59 54 42 40 34 1

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Equity Fund - Direct Plan  | Invest Online Now
2 star
Jan-13 -9.95 -1.41 3.68 1.11 8,364
Kotak Standard Multicap Fund - Direct Plan  | Invest Online
4 star
Jan-13 -6.40 2.50 8.22 0.72 27,976
Axis Focused 25 Fund - Direct Plan  | Invest Online
5 star
Jan-13 0.26 6.52 9.80 0.63 10,399
UTI Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.83 5.48 6.82 1.40 9,750
SBI Focused Equity Fund - Direct Plan  | Invest Online
5 star
Jan-13 -1.79 6.61 9.78 0.85 8,962

Best & Worst Performance

Best (Period) Worst (Period)
Week 11.44 (01-Apr-2020 - 09-Apr-2020) -17.85 (16-Mar-2020 - 23-Mar-2020)
Month 17.72 (23-Mar-2020 - 22-Apr-2020) -36.09 (20-Feb-2020 - 23-Mar-2020)
Quarter 35.10 (24-Mar-2020 - 23-Jun-2020) -35.29 (23-Dec-2019 - 23-Mar-2020)
Year 75.28 (29-Jan-2014 - 29-Jan-2015) -35.23 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.78 21.28 -0.17 -0.18 0.97 -2.53
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: Multi Cap 4.16 21.21 -0.05 -0.05 0.95 -0.18
Rank within category 35 27 36 36 29 35
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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 53
Top 10 Stocks (%) 47.48
Top 5 Stocks (%) 32.10
Top 3 Sectors (%) 48.99
Portfolio P/B Ratio 1.86
Portfolio P/E Ratio 18.89

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 76,587 99,654
Giant (%) 50.80 54.63
Large (%) 20.77 16.72
Mid (%) 21.98 21.15
Small (%) 6.45 8.41
Tiny (%) -- 0.35

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 21.56 9.62 8.06 8.67
down Bharti Airtel Communication -- 7.02 3.54 6.96
down Infosys Technology 21.33 7.35 3.82 6.95
up ICICI Bank Financial 23.80 5.73 3.67 5.25
down Mahindra & Mahindra Automobile 545.53 4.27 2.51 4.27
up Axis Bank Financial 67.04 4.58 2.20 4.04
down Larsen & Toubro Construction 13.44 4.26 3.02 3.61
up State Bank of India Financial 8.43 3.00 1.26 2.77
equal United Breweries FMCG 62.26 2.52 1.46 2.52
up Kotak Mahindra Bank Financial 29.87 3.58 1.93 2.44
equal NTPC Energy 13.05 2.39 1.28 2.31
equal HPCL Energy 12.02 2.31 0.00 2.31
equal Grasim Industries Construction 8.87 2.60 0.00 2.30
equal United Spirits FMCG 66.89 2.30 0.00 2.27
equal TVS Motor Co. Automobile 29.99 2.26 0.00 2.26
equal ACC Construction 18.00 2.23 1.03 2.23
equal Ultratech Cement Construction 18.98 2.17 0.00 2.14
down Marico FMCG 43.87 2.79 1.36 2.10
down Voltas Cons Durable 35.34 2.48 1.83 2.09
down HCL Technologies Technology 15.11 3.66 1.94 2.00
equal ICICI Prudential Life Insurance Co. Ltd. Financial 57.22 1.99 0.00 1.99
equal Tata Motors Automobile -- 3.00 1.54 1.94
down Tech Mahindra Technology 14.78 2.38 1.50 1.82
up Aditya Birla Fashion and Retail Services -- 2.61 1.18 1.75
down Vodafone Idea Communication -- 2.24 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 30-Jun-2020

Fund Manager

— Anand Radhakrishnan since 01-Jan-2013

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-Jan-2013

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:


-1.64%

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

Growth: ₹ 551.1207

Dividend: ₹ 31.8439


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: 01-Jan-2013
Return Since Launch: 10.84%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 8,364 Cr (As on 30-Jun-2020)
Expense: 1.11% (As on 30-Jun-2020)
Risk Grade: Average
Return Grade: Below Average
Turnover: 35.30%

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
 24-Feb-20142.0000
 18-Feb-20133.0000

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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM