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2 star

Franklin India Taxshield Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.63 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.37 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. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

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 ELSS, 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 36.30 1.00 -2.39 -3.97 4.35 14.38 42.50 17.66 15.13 12.52 --
S&P BSE 500 TRI 29.77 0.91 -1.75 -3.39 1.65 12.44 38.19 19.03 17.53 12.94 --
Equity: ELSS 31.08 0.77 -1.86 -3.37 1.86 13.80 39.16 19.24 17.03 13.32 --
Rank within category 6 3 32 23 4 19 12 23 23 14 --
Number of funds in category 37 37 37 37 37 37 37 34 33 28 1

As on 01-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Taxshield Fund - Direct Plan  | Invest Online Now
2 star
Jan-13 42.50 17.66 15.13 1.07% 5,114
Axis Long Term Equity Fund - Direct Plan
4 star
Jan-13 34.28 21.24 19.99 0.74% 34,235
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 42.30 24.76 23.11 0.43% 10,146
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 42.98 22.29 18.11 0.81% 9,805
IDFC Tax Advantage (ELSS) Fund - Direct Plan
4 star
Jan-13 53.76 21.77 20.24 0.74% 3,518

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.43 01-Apr-2020 - 09-Apr-2020 -19.10 16-Mar-2020 - 23-Mar-2020
Month 18.03 24-Mar-2020 - 23-Apr-2020 -38.03 20-Feb-2020 - 23-Mar-2020
Quarter 34.12 15-Oct-2020 - 14-Jan-2021 -37.43 23-Dec-2019 - 23-Mar-2020
Year 98.76 23-Mar-2020 - 23-Mar-2021 -35.92 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 18.98 23.51 0.65 0.70 1.04 -1.49
S&P BSE 500 TRI 19.76 21.92 0.73 0.84 -- --
Equity: ELSS 19.84 21.49 0.75 0.81 0.95 0.85
Rank within category 21 32 25 24 33 25
Number of funds in category 35 35 35 35 35 35

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

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 53
Top 10 Stocks (%) 49.88
Top 5 Stocks (%) 35.00
Top 3 Sectors (%) 59.76
Portfolio P/B Ratio 2.92
Portfolio P/E Ratio 21.01

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,43,293 1,36,970
Giant (%) 51.81 53.06
Large (%) 25.13 14.68
Mid (%) 17.07 25.08
Small (%) 5.98 7.34
Tiny (%) -- 0.21

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 34.54 11.11 3.01 8.81
down Axis Bank Financial 20.84 10.14 7.40 7.40
up HDFC Bank Financial 24.36 9.70 7.00 7.27
down ICICI Bank Financial 23.82 6.67 3.83 6.67
down Tata Power Company Energy 49.50 4.86 0.53 4.86
up Larsen & Toubro Construction 28.66 3.80 0.00 3.80
equal Bharti Airtel Communication 140.01 5.45 1.96 3.08
down United Breweries FMCG 118.95 2.88 1.69 2.82
down Grasim Industries Construction 18.16 4.00 1.95 2.79
down Kotak Mahindra Bank Financial 38.81 5.94 1.73 2.38
down Power Grid Corporation Energy 8.96 4.31 2.17 2.17
down Hindustan Unilever FMCG 65.59 2.55 0.00 2.11
down City Union Bank Financial 16.96 2.27 0.00 1.94
equal State Bank of India Financial 14.80 1.90 0.91 1.90
down United Spirits FMCG 75.30 2.67 0.74 1.65
down Bharat Electronics Engineering 21.83 1.61 0.00 1.58
down The Indian Hotels Company Services -- 2.25 0.73 1.54
down Tech Mahindra Technology 30.32 2.87 1.11 1.53
down Hindustan Petroleum Corporation Energy 4.50 2.38 1.30 1.52
down Indian Oil Corporation Energy 4.31 2.42 1.24 1.48
down Cholamandalam Financial Holdings Financial 17.14 1.82 1.06 1.39
down Mahindra & Mahindra Automobile 25.15 4.20 1.30 1.38
down Dabur India FMCG 56.24 1.55 0.00 1.37
down Mahindra CIE Automotive Metals 21.17 1.50 0.62 1.31
new HCL Technologies Technology 27.18 1.23 0.00 1.23

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-Oct-2021

Fund Manager

— Anand Radhakrishnan since 18-Oct-2021

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.

Interviews:

Funds Managed:

— R Janakiraman since 02-May-2016

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.

Funds Managed:


1.00%

Change from previous, NAV as on 01-Dec-2021

Growth: ₹ 926.6271

IDCW: ₹ 58.6107


Investment Strategy

The scheme seeks medium to long term growth of capital, with income tax rebate. The scheme invests in equities and there is an exposure to PSU Bonds and debentures and Money Market instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 16.21%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 5,114 Cr (As on 31-Oct-2021)
Expense: 1.07% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 0.19%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW29-Jan-20213.5000

 17-Jan-20202.8776
 25-Jan-20193.7500
 25-Jan-20184.5000
 20-Jan-20173.5000
 22-Jan-20163.5000
 30-Jan-20153.0000
 24-Jan-20143.0000
 18-Jan-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: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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