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2 star

Franklin India Equity Advantage Fund


Equity: Large & MidCap

1 Lakh

Investment declined to
₹ 0.89 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.16 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 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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(₹)
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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 -17.12 -1.21 0.87 4.88 17.98 -17.98 -15.42 -3.76 1.08 10.32 7.92
S&P BSE Large Mid Cap TRI -10.46 -0.43 1.41 6.45 18.35 -11.21 -4.88 3.18 6.45 11.09 8.62
Equity: Large & MidCap -10.26 -0.41 1.25 5.27 15.49 -11.17 -4.91 -0.16 5.20 13.07 9.11
Rank within category 27 28 21 18 7 28 25 19 19 13 13
Number of funds in category 27 28 28 28 28 28 25 21 20 18 17

As on 10-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 Advantage Fund  | Invest Online Now
2 star
Mar-05 -15.42 -3.76 1.08 2.13 1,952
Mirae Asset Emerging Bluechip Fund - Regular Plan  | Invest Online
5 star
Jul-10 2.56 4.91 12.09 1.87 9,834
Canara Robeco Emerging Equities Fund - Regular Plan  | Invest Online
5 star
Mar-05 -0.46 1.97 8.55 1.96 5,162
Kotak Equity Opportunities Fund - Regular Plan  | Invest Online
4 star
Sep-04 0.04 2.29 7.09 2.10 3,298
Invesco India Growth Opportunities Fund  | Invest Online
4 star
Aug-07 -3.08 3.70 6.49 2.02 2,498

Best & Worst Performance

Best (Period) Worst (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 -1.50 23.63 -0.29 -0.28 1.09 -6.59
S&P BSE Large Mid Cap TRI 4.95 21.15 -0.02 -0.02 -- --
Equity: Large & MidCap 2.12 22.13 -0.14 -0.15 1.01 -2.99
Rank within category 21 21 22 20 22 21
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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 55
Top 10 Stocks (%) 44.09
Top 5 Stocks (%) 29.27
Top 3 Sectors (%) 49.52
Portfolio P/B Ratio 1.47
Portfolio P/E Ratio 12.38

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 40,473 63,708
Giant (%) 34.19 41.92
Large (%) 15.91 14.31
Mid (%) 37.73 40.91
Small (%) 12.18 4.68
Tiny (%) -- 0.09

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 20.49 6.90 2.21 6.90
equal HDFC Bank Financial 21.67 10.67 4.85 6.76
equal Axis Bank Financial 66.70 9.08 5.64 6.59
equal Bharti Airtel Communication -- 4.94 1.68 4.54
equal ICICI Bank Financial 24.19 5.94 0.00 4.48
up Tata Power Energy 13.32 3.81 0.00 3.81
down Mahindra & Mahindra Automobile 542.06 6.03 2.36 3.00
equal Bharat Electronics Engineering 13.26 2.97 0.00 2.97
equal Gujarat State Petronet Energy 6.82 2.85 1.74 2.56
equal Apollo Hospitals Healthcare 43.67 2.64 0.00 2.47
equal Cholamandalam Financial Holdings Financial 11.26 3.34 0.00 2.36
equal Balkrishna Industries Automobile 25.74 2.31 0.95 2.31
equal Tata Consumer Products FMCG 85.45 2.28 0.00 2.27
equal CESC Energy 6.54 2.46 0.00 2.27
equal Federal Bank Financial 6.75 2.55 0.00 2.18
equal Petronet LNG Energy 14.72 2.94 1.82 2.03
down Coromandel International Chemicals 20.89 2.69 0.00 1.98
equal Larsen & Toubro Construction 13.77 2.03 0.00 1.93
equal Cadila Healthcare Healthcare 31.18 2.16 0.63 1.90
equal NHPC Energy 6.53 1.95 0.00 1.87
down Indian Hotels Services 26.84 2.99 0.37 1.85
equal Indian Oil Corp. Energy -- 3.16 1.70 1.72
equal Tata Chemicals Chemicals 1.09 3.15 0.00 1.59
equal Mahindra CIE Automotive Metals 19.89 2.17 0.00 1.48
equal HPCL Energy 12.29 1.75 0.00 1.36

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

— 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:


-1.21%

Change from previous, NAV as on 10-Jul-2020

Growth: ₹ 66.1352

Dividend: ₹ 11.5937


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: 02-Mar-2005
Return Since Launch: 13.08%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,952 Cr (As on 30-Jun-2020)
Expense: 2.13% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: Low
Turnover: 41.30%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend19-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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

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