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3 star

Franklin India Taxshield Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.56 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.46 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 35.12 -0.25 1.41 7.06 10.17 23.39 79.50 15.89 12.63 13.09 15.77
S&P BSE 500 TRI 33.27 -0.10 1.09 8.02 13.05 25.25 71.90 19.57 16.51 14.49 15.80
Equity: ELSS 32.38 -0.15 0.82 7.27 12.66 24.86 67.76 18.43 14.76 13.94 16.19
Rank within category 11 26 8 23 32 25 4 25 25 16 16
Number of funds in category 38 38 38 38 38 38 38 35 33 29 27

As on 24-Sep-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 79.50 15.89 12.63 1.88 4,877
Axis Long Term Equity Fund
4 star
Dec-09 74.90 22.06 18.20 1.54 33,871
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 79.00 22.62 16.41 1.76 9,675
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 73.09 23.80 20.87 1.73 9,401
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 85.04 20.00 17.41 1.97 3,339

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 14.16 24.01 0.42 0.47 1.03 -2.81
S&P BSE 500 TRI 16.64 22.81 0.55 0.63 -- --
Equity: ELSS 15.73 22.37 0.52 0.57 0.95 -0.32
Rank within category 24 32 25 24 32 26
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 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Stocks (%) 50.40
Top 5 Stocks (%) 35.92
Top 3 Sectors (%) 62.76
Portfolio P/B Ratio 2.66
Portfolio P/E Ratio 19.44

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,35,166 1,32,117
Giant (%) 48.61 51.44
Large (%) 22.60 15.94
Mid (%) 24.44 24.65
Small (%) 4.35 8.14
Tiny (%) -- 0.27

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 36.51 11.11 3.01 9.72
equal Axis Bank Financial 28.96 10.14 7.50 8.27
equal HDFC Bank Financial 27.01 9.70 7.00 7.72
equal ICICI Bank Financial 25.04 6.32 0.00 6.32
equal Power Grid Corporation Energy 7.93 4.31 3.14 3.89
equal Tata Power Company Energy 33.88 4.45 0.47 3.57
equal Bharti Airtel Communication 358.28 5.45 1.75 3.12
equal United Breweries FMCG 164.31 2.88 1.69 2.64
equal Larsen & Toubro Construction 19.94 2.60 0.00 2.60
equal Grasim Industries Construction 24.57 4.01 1.95 2.56
equal Hindustan Unilever FMCG 78.62 2.55 0.00 2.55
equal Hindalco Inds. Metals 15.40 4.12 1.79 2.45
equal Kotak Mahindra Bank Financial 40.43 6.90 1.73 2.25
equal City Union Bank Financial 18.13 2.27 0.00 1.84
equal The Indian Hotels Company Services -- 1.94 0.66 1.79
equal State Bank of India Financial 15.73 2.85 0.91 1.69
equal Tech Mahindra Technology 30.54 2.87 1.11 1.57
equal Cholamandalam Financial Holdings Financial 18.52 1.82 0.00 1.57
equal PNB Housing Finance Financial 12.04 1.67 0.34 1.56
equal Dabur India FMCG 64.40 1.55 0.00 1.55
equal HDFC Financial 25.45 1.55 0.00 1.54
equal Bharat Electronics Engineering 24.21 1.55 0.00 1.52
equal Gujarat State Petronet Energy 9.52 2.18 1.28 1.47
equal Petronet LNG Energy 12.01 3.34 1.42 1.44
equal Balkrishna Industries Automobile 37.28 1.71 0.74 1.43

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-2021

Fund Manager

— 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:


-0.25%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 855.2985

IDCW: ₹ 52.3742


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: 21.89%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 4,877 Cr (As on 31-Aug-2021)
Expense: 1.88% (As on 31-Aug-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 17.48%

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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