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1 star

Franklin India Equity Advantage Fund


1 Lakh

Investment declined to
₹ 0.96 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.40 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 -10.11 1.46 6.35 -0.97 11.23 40.31 -5.70 -1.37 3.23 11.72 7.29
S&P BSE Large Mid Cap TRI -4.36 1.34 5.77 -0.23 10.24 39.44 2.45 5.19 8.73 12.22 7.87
Equity: Large & MidCap -2.84 0.93 5.28 0.46 11.33 36.86 3.44 2.21 7.59 14.53 9.20
Rank within category 27 1 3 24 16 6 25 19 20 14 14
Number of funds in category 27 29 29 28 28 28 25 21 20 18 18

As on 01-Oct-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
1 star
Mar-05 -5.70 -1.37 3.23 2.10 2,140
Mirae Asset Emerging Bluechip Fund - Regular Plan  | Invest Online
5 star
Jul-10 11.33 7.48 13.90 1.86 11,316
Canara Robeco Emerging Equities Fund - Regular Plan  | Invest Online
5 star
Mar-05 11.98 4.96 10.67 1.95 5,878
DSP Equity Opportunities Fund  | Invest Online
4 star
May-00 -0.11 2.29 8.75 1.97 5,017
Kotak Equity Opportunities Fund - Regular Plan  | Invest Online
4 star
Sep-04 7.20 4.56 9.14 2.02 3,637

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 1.31 24.14 -0.16 -0.15 1.10 -6.11
S&P BSE Large Mid Cap TRI 6.98 21.27 0.09 0.10 -- --
Equity: Large & MidCap 4.49 22.38 -0.02 -0.02 1.01 -2.74
Rank within category 22 21 21 20 23 22
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-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 56
Top 10 Stocks (%) 47.15
Top 5 Stocks (%) 31.52
Top 3 Sectors (%) 53.29
Portfolio P/B Ratio 1.67
Portfolio P/E Ratio 14.05

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 45,217 65,088
Giant (%) 33.22 38.78
Large (%) 16.66 14.54
Mid (%) 40.06 43.83
Small (%) 10.06 4.52
Tiny (%) -- 0.33

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
up Axis Bank Financial 80.22 9.08 5.64 7.99
equal Infosys Technology 25.45 8.76 2.21 7.94
equal HDFC Bank Financial 21.37 10.53 4.85 6.45
equal ICICI Bank Financial 25.03 5.94 0.00 4.58
equal Tata Power Energy 16.44 4.55 0.00 4.55
equal Bharti Airtel Communication -- 4.94 1.68 3.80
equal Bharat Electronics Engineering 14.05 3.74 0.00 3.74
down Mahindra & Mahindra Automobile -- 6.03 2.36 2.94
equal Apollo Hospitals Healthcare 153.39 2.97 0.00 2.73
down Cholamandalam Financial Holdings Financial 10.85 3.34 0.00 2.43
equal Balkrishna Industries Automobile 30.94 2.34 0.95 2.21
equal Indian Hotels Services 167.49 2.99 0.44 2.19
equal Gujarat State Petronet Energy 7.09 2.85 1.74 2.15
equal Federal Bank Financial 6.24 2.55 0.00 2.15
equal CESC Energy 6.47 2.46 0.00 1.99
equal NHPC Energy 6.34 1.95 0.00 1.84
equal Cadila Healthcare Healthcare 30.71 2.03 0.63 1.83
equal Coromandel International Chemicals 18.54 2.69 0.00 1.82
equal Larsen & Toubro Construction 15.13 2.03 0.00 1.77
equal Petronet LNG Energy 12.53 2.94 1.72 1.72
equal Tata Consumer Products FMCG 92.54 2.28 0.00 1.59
equal Indian Oil Corp. Energy -- 3.16 1.58 1.58
equal PNB Housing Finance Financial 9.12 2.72 0.00 1.57
equal Ashok Leyland Automobile -- 1.55 0.00 1.55
up Mahindra CIE Automotive Metals -- 2.17 0.00 1.52

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-Aug-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:


1.46%

Change from previous, NAV as on 01-Oct-2020

Growth: ₹ 71.7256

Dividend: ₹ 12.5737


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: 13.47%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,140 Cr (As on 31-Aug-2020)
Expense: 2.10% (As on 31-Aug-2020)
Risk Grade: Above Average
Return Grade: Low
Turnover: 42.53%

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

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