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2 star

Franklin India Equity Advantage Fund


1 Lakh

Investment Grown to
₹ 1.21 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.59 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 8.42 0.36 -2.59 -4.62 1.83 33.37 70.05 6.59 9.81 13.14 11.22
S&P BSE Large Mid Cap TRI 9.58 0.43 -1.72 -1.80 5.71 27.19 65.08 11.73 14.67 13.96 11.49
Equity: Large & MidCap 8.45 0.67 -2.09 -1.97 4.29 29.01 61.93 8.86 13.63 15.57 12.94
Rank within category 17 24 25 29 27 4 2 18 19 13 14
Number of funds in category 29 29 29 29 29 29 28 22 20 18 18

As on 16-Apr-2021

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  | Invest Online Now
2 star
Mar-05 70.05 6.59 9.81 2.10 2,459
Mirae Asset Emerging Bluechip Fund - Regular Plan  | Invest Online
5 star
Jul-10 71.68 16.08 20.53 1.74 16,190
Canara Robeco Emerging Equities Fund - Regular Plan  | Invest Online
5 star
Mar-05 62.79 10.62 16.96 1.80 8,179
Kotak Equity Opportunities Fund - Regular Plan  | Invest Online
4 star
Sep-04 61.53 12.07 15.34 1.94 5,518
Invesco India Growth Opportunities Fund  | Invest Online
4 star
Aug-07 51.08 8.53 14.09 1.91 3,651

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 19.84 27-Oct-2008 - 04-Nov-2008 -21.25 16-Mar-2020 - 23-Mar-2020
Month 32.75 11-May-2009 - 10-Jun-2009 -39.74 20-Feb-2020 - 23-Mar-2020
Quarter 89.02 09-Mar-2009 - 10-Jun-2009 -38.83 24-Dec-2019 - 24-Mar-2020
Year 130.65 09-Mar-2009 - 11-Mar-2010 -54.74 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.87 26.13 0.28 0.30 1.13 -4.97
S&P BSE Large Mid Cap TRI 15.16 22.11 0.48 0.55 -- --
Equity: Large & MidCap 13.08 23.52 0.37 0.41 1.01 -2.49
Rank within category 17 23 19 19 23 19
Number of funds in category 23 23 23 23 23 23

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

As on 31-Mar-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 48.31
Top 5 Stocks (%) 34.29
Top 3 Sectors (%) 51.92
Portfolio P/B Ratio 2.54
Portfolio P/E Ratio 21.38

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 70,535 77,408
Giant (%) 38.42 37.29
Large (%) 15.35 14.50
Mid (%) 37.04 43.47
Small (%) 9.19 5.43
Tiny (%) -- 0.41

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 Infosys Technology 29.78 9.62 2.56 9.62
up HDFC Bank Financial 25.67 8.39 4.85 7.82
down Axis Bank Financial 68.55 9.68 5.64 7.07
down ICICI Bank Financial 26.57 5.94 0.00 5.41
down Tata Power Energy 27.30 5.03 0.00 4.36
equal Apollo Hospitals Healthcare 217.97 3.74 0.95 3.04
equal Bharti Airtel Communication -- 4.94 1.68 3.02
equal Indian Hotels Services -- 3.10 1.12 2.71
equal City Union Bank Financial 30.98 3.04 0.00 2.69
equal Federal Bank Financial 10.35 2.75 0.00 2.57
equal Larsen & Toubro Construction 16.63 2.31 0.00 2.31
equal Gujarat State Petronet Energy 9.27 2.85 1.65 2.19
up Hindustan Unilever FMCG 78.81 2.08 0.00 2.08
equal United Breweries FMCG 504.58 2.19 1.11 2.00
equal Tata Chemicals Chemicals 2.88 3.15 0.00 1.99
equal Balkrishna Industries Automobile 30.71 2.34 0.95 1.94
equal Indusind Bank Financial 28.86 2.02 0.00 1.87
equal Bharat Electronics Engineering 17.55 3.74 0.00 1.85
equal NHPC Energy 7.72 1.95 0.00 1.81
equal Ashok Leyland Automobile -- 1.97 0.00 1.74
down Cadila Healthcare Healthcare 29.22 2.15 0.63 1.71
equal Tata Consumer Products FMCG 85.15 2.28 0.00 1.67
equal Voltas Cons Durable 71.14 1.76 0.00 1.67
equal Mahindra CIE Automotive Metals 55.86 2.17 1.00 1.63
equal Coromandel International Chemicals 15.56 2.69 1.21 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 31-Mar-2021

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.

Funds Managed:


0.36%

Change from previous, NAV as on 16-Apr-2021

Growth: ₹ 96.9132

IDCW: ₹ 15.5166


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
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 02-Mar-2005
Return Since Launch: 15.12%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,459 Cr (As on 31-Mar-2021)
Expense: 2.10% (As on 28-Feb-2021)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 26.18%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW26-Mar-20211.5000

 19-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
 08-Mar-20132.0000
 23-Mar-20122.0000
 18-Mar-20111.5000
 23-Mar-20102.0000
 29-Jul-20091.5000
 12-Mar-20083.0000
 09-May-20072.5000
 14-Mar-20062.0000

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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