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Unrated

Franklin India Equity Savings Fund - Regular Plan


Hybrid: Equity Savings

1 Lakh

Investment declined to
₹ 1.00 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 -3.44 0.26 -0.36 1.17 7.44 -4.08 -0.28 -- -- -- --
VR MIP TRI 0.99 -0.09 -0.35 2.81 5.30 1.26 5.12 -- -- -- --
Hybrid: Equity Savings -1.16 0.67 -0.25 2.13 8.32 -1.60 3.31 -- -- -- --
Rank within category 16 18 12 16 12 17 17 -- -- -- --
Number of funds in category 18 18 18 18 18 18 18 10 5 0 0

As on 04-Aug-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 -0.28 -- -- 2.11 149
Kotak Equity Savings Fund - Regular Plan  | Invest Online
4 star
Oct-14 6.91 5.68 6.79 2.20 1,395
ICICI Prudential Equity Savings Fund  | Invest Now
4 star
Dec-14 1.93 4.33 6.55 1.35 1,159
Axis Equity Saver Fund - Regular Plan  | Invest Online
4 star
Aug-15 3.81 4.95 -- 2.33 688
HDFC Equity Savings Fund  | Invest Online
3 star
Sep-04 0.36 2.19 6.52 2.03 3,141

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* 6.24 6.56 0.16 0.18 -- --
Hybrid: Equity Savings* 3.21 9.07 -0.19 -0.19 1.29 -3.32
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-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 35
Number of Bonds 7
Average Maturity (yrs) 3.38
Top 10 Holdings (%) 40.28
Portfolio P/B Ratio 1.58
Portfolio P/E Ratio 15.37

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 8.85% REC 16/04/2029 Non Convertible Debenture AAA 0.00 - 3.70 3.70
equal 6.95% HDFC 27/04/2023 Debenture AAA 0.00 - 3.46 3.46
new 5.79% GOI 2030 GOI Securities SOV 0.00 - 3.32 3.32
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 3.27 3.27
new Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 2.00 2.00
new Reserve Bank of India 182-D 06/08/2020 Treasury Bills SOV 0.00 - 1.33 1.33
new 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 0.72 0.72

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 14.06 7.58 0.00 7.58
equal Axis Bank Financial 71.57 7.31 3.74 4.82
equal Infosys Technology 23.76 3.80 1.10 3.80
up ICICI Bank Financial 22.35 3.65 0.00 3.65
equal Bharti Airtel Communication -- 3.37 0.63 3.37
up Sun TV Network Services 11.08 3.32 0.00 3.32
up HPCL Energy 12.41 3.66 0.57 3.08
down HDFC Bank Financial 20.09 2.97 1.99 2.13
equal NTPC Energy 12.60 1.82 0.77 1.82
down Grasim Industries Construction 9.28 2.47 1.04 1.81
new Maruti Suzuki India Automobile 47.65 1.80 0.00 1.80
equal NHPC Energy 6.51 1.74 0.00 1.74
down Mahindra & Mahindra Automobile 589.65 1.88 0.74 1.72
equal Tata Power Energy 13.20 1.70 0.62 1.70
equal Power Grid Corporation Energy 9.95 1.70 0.93 1.70
equal Cholamandalam Financial Holdings Financial 11.35 2.23 0.00 1.70
down Gujarat State Petronet Energy 6.48 2.70 0.77 1.59
down Dr. Reddy's Lab Healthcare 39.63 2.13 0.68 1.57
equal Dabur India FMCG 62.94 1.29 0.17 1.29
down Kotak Mahindra Bank Financial 30.77 2.18 1.29 1.29
equal United Breweries FMCG 58.19 1.28 0.72 1.28
equal Petronet LNG Energy 13.70 1.40 0.86 1.26
equal State Bank of India Financial 7.92 1.49 0.92 1.16
equal Tech Mahindra Technology 15.59 1.12 0.64 1.08
down Larsen & Toubro Construction 15.48 1.64 0.00 1.04

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 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:


0.26%

Change from previous, NAV as on 04-Aug-2020

Growth: ₹ 10.0224

Dividend Quarterly: ₹ 10.0224

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Dividend Monthly: ₹ 9.9620

Dividend: ₹ 10.0224


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: 0.12%
Benchmark: NIFTY Equity Savings TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 149 Cr (As on 30-Jun-2020)
Expense: 2.11% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --
Turnover: 504.97%

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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