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3 star

Franklin India Taxshield Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.73 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.70 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. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to 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 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 ELSS, 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 42.44 -0.65 0.34 8.41 15.92 33.89 72.60 20.15 13.82 13.93 16.04
S&P BSE 500 TRI 36.62 -1.19 -0.39 5.03 15.62 29.93 62.03 23.26 17.14 15.16 15.80
Equity: ELSS 35.56 -1.19 -0.59 4.67 13.60 28.92 59.47 21.80 15.12 14.52 16.23
Rank within category 6 2 1 1 9 4 3 24 23 14 14
Number of funds in category 38 38 38 38 38 38 38 35 34 29 27

As on 20-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Taxshield Fund  | Invest Online Now
3 star
Apr-99 72.60 20.15 13.82 1.89% 5,021
Axis Long Term Equity Fund
4 star
Dec-09 61.94 25.07 18.37 1.51% 34,371
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 63.86 27.22 21.00 1.66% 9,832
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 67.78 26.05 16.44 1.76% 9,756
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 82.07 24.50 18.20 1.93% 3,439

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.99 23.52 0.60 0.65 1.04 -3.41
S&P BSE 500 TRI 20.70 22.02 0.76 0.86 -- --
Equity: ELSS 19.52 21.54 0.72 0.78 0.95 -0.34
Rank within category 25 32 25 26 33 28
Number of funds in category 35 35 35 35 35 35

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 53
Top 10 Stocks (%) * --
Top 5 Stocks (%) * --
Top 3 Sectors (%) * --
Portfolio P/B Ratio * 2.84
Portfolio P/E Ratio 20.51

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,36,955 1,33,866
Giant (%) 48.65 51.26
Large (%) 28.53 16.18
Mid (%) 16.95 25.11
Small (%) 5.87 7.62
Tiny (%) -- 0.22

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
equal Infosys Technology 35.31 11.11 3.01 9.27
equal Axis Bank Financial 29.35 10.14 7.50 7.83
down HDFC Bank Financial 27.18 9.70 7.00 7.40
equal ICICI Bank Financial 26.23 6.32 2.76 5.98
down Tata Power Company Energy 55.06 4.45 0.53 3.67
down Power Grid Corporation Energy 8.72 4.31 3.14 3.56
up Larsen & Toubro Construction 20.36 3.46 0.00 3.46
equal Bharti Airtel Communication 361.65 5.45 1.75 3.15
equal Grasim Industries Construction 20.20 4.00 1.95 2.76
equal United Breweries FMCG 169.79 2.88 1.69 2.73
equal Kotak Mahindra Bank Financial 42.79 6.90 1.73 2.50
equal Hindustan Unilever FMCG 68.41 2.55 0.00 2.46
equal The Indian Hotels Company Services -- 2.25 0.66 2.25
down Hindalco Inds. Metals 15.91 4.06 1.79 2.02
equal City Union Bank Financial 20.58 2.27 0.00 1.86
equal State Bank of India Financial 17.95 2.07 0.91 1.75
equal Bharat Electronics Engineering 24.07 1.61 0.00 1.61
equal Cholamandalam Financial Holdings Financial 18.66 1.82 0.88 1.53
equal Balkrishna Industries Automobile 35.08 1.71 0.74 1.53
equal United Spirits FMCG 89.26 2.67 0.74 1.52
equal Hindustan Petroleum Corporation Energy 4.39 2.38 1.30 1.51
equal Dabur India FMCG 58.06 1.55 0.00 1.50
equal Indian Oil Corporation Energy 4.86 2.42 1.24 1.48
equal HDFC Financial 25.49 1.55 0.00 1.47
equal Petronet LNG Energy 11.23 3.34 1.42 1.46

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-Sep-2021

Fund Manager

— Anand Radhakrishnan since 18-Oct-2021

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:

— R Janakiraman since 02-May-2016

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.

Funds Managed:


-0.65%

Change from previous, NAV as on 20-Oct-2021

Growth: ₹ 901.6588

IDCW: ₹ 55.2131


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 10-Apr-1999
Return Since Launch: 22.10%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 5,021 Cr (As on 30-Sep-2021)
Expense: 1.89% (As on 30-Sep-2021)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 17.15%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW29-Jan-20213.5000

 17-Jan-20202.8776
 25-Jan-20193.7500
 25-Jan-20184.5000
 20-Jan-20173.5000
 22-Jan-20163.5000
 30-Jan-20153.0000
 24-Jan-20143.0000
 18-Jan-20132.0000
 03-Feb-20123.0000
 14-Jan-20114.0000
 15-Jan-20103.0000
 17-Dec-20083.0000
 14-Nov-20078.0000
 10-Jan-20078.0000
 15-Feb-20063.5000
 18-Mar-20053.0000
 24-Feb-20044.0000
 30-Mar-20011.2500
 24-May-20006.0000
 31-Mar-20008.0000

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: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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