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Unrated

Franklin India Equity Savings Fund - Regular Plan


1 Lakh

Investment declined to
₹ 0.99 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 Lakh

Suitability:

Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.

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 -3.06 1.35 -2.36 -3.07 2.67 13.54 -1.32 -- -- -- --
VR MIP TRI 0.81 0.67 -1.22 -0.80 2.77 13.12 4.06 -- -- -- --
Hybrid: Equity Savings -0.30 0.96 -1.58 -1.46 3.83 14.65 2.50 -- -- -- --
Rank within category 22 1 23 23 21 13 22 -- -- -- --
Number of funds in category 23 23 23 23 23 23 23 14 10 0 0

As on 25-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Equity Savings Fund - Regular Plan  | Invest Online Now
Unrated
Aug-18 -1.32 -- -- 2.12 143
Kotak Equity Savings Fund - Regular Plan  | Invest Online
4 star
Oct-14 5.45 5.73 7.08 2.20 1,367
ICICI Prudential Equity Savings Fund  | Invest Now
4 star
Dec-14 1.20 4.65 7.10 1.49 1,146
Axis Equity Saver Fund - Regular Plan  | Invest Online
4 star
Aug-15 0.84 5.01 5.94 2.33 689
HDFC Equity Savings Fund  | Invest Online
3 star
Sep-04 -0.69 2.45 7.02 2.05 3,004

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.14 (26-May-2020 - 02-Jun-2020) -7.57 (16-Mar-2020 - 23-Mar-2020)
Month 7.36 (24-Mar-2020 - 23-Apr-2020) -16.37 (20-Feb-2020 - 23-Mar-2020)
Quarter 13.66 (24-Mar-2020 - 23-Jun-2020) -15.72 (23-Dec-2019 - 23-Mar-2020)
Year 6.80 (19-Feb-2019 - 19-Feb-2020) -13.63 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR MIP TRI* 6.45 6.54 0.20 0.22 -- --
Hybrid: Equity Savings* 3.80 9.12 -0.12 -0.11 1.29 -3.03
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 36
Number of Bonds 3
Average Maturity (yrs) 3.46
Top 10 Holdings (%) 46.42
Portfolio P/B Ratio 1.62
Portfolio P/E Ratio 16.02

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 3.45 3.45
down 5.79% GOI 2030 GOI Securities SOV 0.00 - 3.32 0.69
new 5.77% GOI 2030 GOI Securities SOV 0.00 - 0.68 0.68

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Financial 13.75 8.28 0.00 8.28
equal HPCL Energy 6.99 6.44 0.57 6.21
equal Axis Bank Financial 79.27 7.31 3.74 6.16
equal ICICI Bank Financial 24.61 4.29 0.00 4.29
down Infosys Technology 25.27 5.08 1.10 3.99
equal Sun TV Network Services 14.67 3.90 0.00 3.90
down Bharti Airtel Communication -- 3.40 0.63 2.66
equal Tata Power Energy 16.35 2.34 0.62 2.34
equal Maruti Suzuki India Automobile 50.27 2.21 0.00 2.21
equal NHPC Energy 6.42 1.97 0.00 1.97
equal NTPC Energy 15.02 1.92 0.77 1.92
down Cholamandalam Financial Holdings Financial 11.08 2.23 0.00 1.72
down Mahindra & Mahindra Automobile -- 2.08 0.74 1.72
down Grasim Industries Construction 14.11 2.47 1.04 1.67
down HDFC Bank Financial 20.35 2.97 1.55 1.55
equal Tech Mahindra Technology 18.62 1.54 0.64 1.54
down Power Grid Corporation Energy 10.32 1.77 0.93 1.45
equal State Bank of India Financial 7.74 1.49 0.92 1.44
down Dr. Reddy's Lab Healthcare 43.87 2.13 0.68 1.42
equal Dabur India FMCG 62.48 1.44 0.17 1.37
equal United Breweries FMCG 172.39 1.31 0.72 1.31
equal Petronet LNG Energy 12.63 1.40 0.86 1.23
down Gujarat State Petronet Energy 6.86 2.70 0.77 1.18
down Kotak Mahindra Bank Financial 29.73 2.18 1.09 1.09
equal Larsen & Toubro Construction 15.13 1.64 0.00 1.09

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 03-Aug-2018

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:

— Sachin Padwal-Desai since 03-Aug-2018

Education: Mr. Desai is a B.E and PGDM from IIM Bangalore.

Experience: Prior to joining Sundaram Mutual Fund he has worked with ICICI Bank, Infosys Technologies and Thermax.

Funds Managed:

— Umesh Sharma since 03-Aug-2018

Education: Mr. Sharma is a B.Com (H), CS and CA.

Experience: Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.

Funds Managed:


1.35%

Change from previous, NAV as on 25-Sep-2020

Growth: ₹ 10.0609

Dividend Quarterly: ₹ 10.0609

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Dividend Monthly: ₹ 10.0003

Dividend: ₹ 10.0609


Investment Strategy

The Scheme intends to generate long-term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments. The Scheme also intends to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies.

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 (₹) 10,000
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 27-Aug-2018
Return Since Launch: 0.29%
Benchmark: NIFTY Equity Savings TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 143 Cr (As on 31-Aug-2020)
Expense: 2.12% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: --
Turnover: 483.93%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly26-Apr-20190.0600

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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