VR Logo
Unrated

Templeton India Equity Income Fund

Add to watchlist
Add to My Investments
Equity: Thematic-Dividend Yield

1 Lakh

Investment Grown to
₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.71 Lakh

Analyst's Choice?

Suitability:

This is a fund that invests mainly in companies which have a high dividend yield, which is basically a financial ratio that indicates how much a company pays out in dividends each year relative to its share price.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other dividend yield 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.

Read more

ajax-loader
Please wait...

Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -0.92 -1.65 -0.81 -4.53 0.86 5.60 3.14 5.23 5.92 10.44 10.46
S&P BSE 500 TRI -1.15 -2.01 -1.35 -3.30 0.86 11.31 10.62 9.51 7.81 12.61 10.65
Equity: Thematic-Dividend Yield -0.03 -1.69 -0.87 -3.38 1.25 8.69 4.27 5.85 6.03 10.81 10.29
Rank within category 4 2 2 4 4 4 3 3 2 2 2
Number of funds in category 5 5 5 5 5 5 4 4 4 3 3

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 22.82 (27-Oct-2008 - 04-Nov-2008) -19.89 (20-Oct-2008 - 27-Oct-2008)
Month 33.20 (09-Mar-2009 - 09-Apr-2009) -39.78 (24-Sep-2008 - 24-Oct-2008)
Quarter 84.67 (09-Mar-2009 - 10-Jun-2009) -46.68 (28-Jul-2008 - 27-Oct-2008)
Year 138.14 (09-Mar-2009 - 09-Mar-2010) -55.52 (26-Oct-2007 - 27-Oct-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.46 10.60 0.17 0.22 0.77 -2.97
S&P BSE 500 TRI 11.88 12.82 0.48 0.72 -- --
Equity: Thematic-Dividend Yield 7.67 12.18 0.17 0.27 0.88 -3.46
Rank within category 3 1 3 3 1 3
Number of funds in category 5 5 5 5 5 5

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

As on 31-Jan-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 41
Top 10 Stocks (%) 34.62
Top 5 Stocks (%) 20.80
Top 3 Sectors (%) 46.05
Portfolio P/B Ratio 1.50
Portfolio P/E Ratio 12.76

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 27,070 47,063
Giant (%) 19.07 33.04
Large (%) 28.69 21.42
Mid (%) 30.96 28.03
Small (%) 21.28 17.33
Tiny (%) -- 1.10

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Infosys Technology 20.72 5.59 1.90 5.36
equal Power Grid Corporation Energy 6.29 4.33 0.00 4.21
equal Tata Chemicals Chemicals 15.45 6.32 2.57 4.08
equal NTPC Energy 5.60 4.38 0.00 3.99
down Xinyi Solar Holdings Construction -- 3.45
equal Petronet LNG Energy 14.21 3.27 0.00 3.15
equal Tata Power Energy 21.32 3.13 0.00 3.13
equal Tata Investment Corp. Financial 37.93 3.51 2.43 2.88
equal Finolex Industries Chemicals 19.13 2.78 0.00 2.64
equal Gujarat State Petronet Energy 8.57 3.00 0.00 2.63
equal Coal India Energy 5.95 2.90 1.31 2.54
equal Grasim Industries Construction 11.75 2.31 0.00 2.31
equal Embassy Office Parks REIT Construction -- 2.15 0.00 2.05
equal Aramex PJSC Services -- 2.01
equal Tech Mahindra Technology 18.16 1.98 0.00 1.98
equal JK Cement Construction 24.42 4.64 1.33 1.97
equal Redington India Technology 8.06 2.06 1.19 1.96
equal Apollo Tyres Automobile 18.01 4.04 1.73 1.87
equal Equitas Holdings Financial 16.78 2.55 1.53 1.84
equal Stock Spirits Group PLC FMCG -- 1.84
equal Colgate-Palmolive FMCG 44.80 1.92 0.00 1.70
equal HPCL Energy 12.21 2.26 0.00 1.67
equal Biocon Healthcare 44.96 2.55 1.22 1.64
equal Vardhman Textiles Textiles 10.24 1.79 1.10 1.59
equal Federal Bank Financial 10.31 5.14 1.15 1.54

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-Jan-2020

Fund Manager

— Anand Radhakrishnan since 01-Jan-2019

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:

— Lakshmikanth Reddy since 01-Jan-2019

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:

Invest Online Now
-1.65%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 45.9087

Dividend: ₹ 14.0393

Investment Strategy

The Scheme seeks to provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield, by using a value strategy.

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: 18-May-2006
Return Since Launch: 11.69%
Benchmark: NIFTY Div Opps 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 891 Cr (As on 31-Jan-2020)
Expense: 2.28% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --
Turnover: 33.70%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend27-Sep-20190.6000

 08-Mar-20190.7906
 14-Sep-20180.7906
 01-Mar-20180.7000
 22-Sep-20170.7000
 17-Mar-20170.7000
 09-Sep-20160.7000
 11-Mar-20160.7000
 11-Sep-20150.7000
 13-Mar-20150.7000
 12-Sep-20140.7000
 14-Mar-20140.7000
 13-Sep-20130.7000
 15-Mar-20130.7000
 14-Sep-20120.7000
 16-Mar-20120.7000
 16-Sep-20110.7000
 11-Mar-20110.7000
 20-Sep-20100.7000
 12-Mar-20100.7000
 26-Aug-20090.7000
 21-May-20080.7000
 28-Nov-20070.7000
 18-Apr-20070.7000

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: 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

Investors' Hangout

Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM

Reserve your Spot