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. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
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 ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
|S&P BSE 500 TRI||-32.47||-1.88||-5.21||-28.57||-32.94||-27.39||-30.28||-4.91||0.10||7.20||5.66|
|Rank within category||37||32||27||36||37||37||32||28||27||20||9|
|Number of funds in category||38||38||38||38||38||37||36||34||30||28||27|
As on 03-Apr-2020
|Best (Period)||Worst (Period)|
|Week||26.88 (28-Dec-1999 - 04-Jan-2000)||-19.12 (16-Mar-2020 - 23-Mar-2020)|
|Month||57.81 (03-Dec-1999 - 04-Jan-2000)||-38.08 (20-Feb-2020 - 23-Mar-2020)|
|Quarter||137.13 (22-Nov-1999 - 22-Feb-2000)||-37.58 (23-Dec-2019 - 23-Mar-2020)|
|Year||214.23 (10-May-1999 - 09-May-2000)||-51.50 (14-Jan-2008 - 13-Jan-2009)|
|S&P BSE 500 TRI||-1.04||19.32||-0.34||-0.33||--||--|
|Rank within category||29||21||29||27||23||29|
|Number of funds in category||34||34||34||34||34||34|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Mar-2020
|Number of Stocks||52|
|Top 10 Stocks (%)||49.25|
|Top 5 Stocks (%)||32.68|
|Top 3 Sectors (%)||56.87|
|Portfolio P/B Ratio||1.93|
|Portfolio P/E Ratio||16.21|
|Average Mkt Cap (Rs Cr)||80,808||83,607|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Kotak Mahindra Bank||Financial||24.98||9.02||0.00||3.75|
|Power Grid Corporation||Energy||5.27||4.31||1.92||3.42|
|Dr. Reddy's Lab||Healthcare||30.73||3.01||1.27||2.73|
|Mahindra & Mahindra||Automobile||16.21||5.46||2.49||2.49|
|Larsen & Toubro||Construction||11.13||2.56||0.00||2.38|
|Cholamandalam Financial Holdings||Financial||5.73||1.82||0.00||1.82|
|Gujarat State Petronet||Energy||6.33||1.87||1.28||1.79|
|Indian Oil Corp.||Energy||5.80||3.25||1.66||1.67|
|State Bank of India||Financial||13.34||4.17||0.91||1.55|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 29-Feb-2020
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).
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.
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The scheme seeks medium to long term growth of capital, with income tax rebate. The scheme invests in equities and there is an exposure to PSU Bonds and debentures and Money Market instruments.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||500|
|Fund House:||Franklin Templeton Mutual Fund|
|Return Since Launch:||18.77%|
|Benchmark:||NIFTY 500 TRI|
|Assets:||₹ 3,777 Cr (As on 29-Feb-2020)|
|Expense:||1.92% (As on 29-Feb-2020)|
|Risk Grade:||Below Average|
|Return Grade:||Below Average|
|Plan||Record Date||Dividend (₹ / Unit)|
Fund News - 13-Jan-2020
Fund News - 21-Jan-2019
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]
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