Franklin India Equity Advantage Fund Direct Growth

Franklin India Equity Advantage Fund Direct Growth

Equity

Franklin Mutual Fund

Large & Mid-Cap

Get the latest NAV of Franklin India Equity Advantage Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹204.52

▲0.5%1D

NAV as on 16 May 2025

15.16%/per year

Since Inception

Absolute Gain%

▲▼

187 people have invested ₹ 24.3L in Franklin India Equity Advantage Fund Direct Growth in the last three months

Franklin India Equity Advantage Fund Performance vs. NIFTY 500

Fund returns vs Benchmark returns vs Category Average returns as on (16-May-25)

The fund has consistently outperformed the benchmark (NIFTY 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
NIFTY 500
Category Avg
1 Month
8.32%
5.49%
6.64%
3 Months
11.36%
10.74%
11%
6 Months
3.85%
4.13%
2.6%
1 Year
15.62%
8.58%
10.84%
3 Years
20.03%
17.98%
22.62%
5 Years
28.1%
24.97%
27.45%

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Franklin India Equity Advantage Fund
-
3,375Cr
1.34%
15.62%
20.03%
15.16%
Invesco India Large&MidCap Fund Direct Growth
5/21
6,765Cr
0.7%
20.52%
28.81%
18.35%
HDFC Large and Mid Cap Fund Direct Growth
6/21
24,326Cr
0.96%
10.53%
25.41%
14.12%
SBI Large & Midcap Fund Direct Growth
7/21
30,133Cr
0.75%
13.3%
22.01%
17.41%
See all
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: 3Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category

Franklin India Equity Advantage Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Franklin India Equity Advantage Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 97.5%

Debt & Cash 2.5%

Large cap
47.1%
Mid cap
37.9%
Small cap
12.5%
Cash allocation has gone down from 2.5% to 2.5%
Cash allocation has gone down from 2.5% to 2.5%

Franklin India Equity Advantage Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 97.5%

Debt & Cash 2.5%

Financial Services
28.8%
Consumer Cyclical
18.5%
Tech
11.5%
Industrial
11.3%
Health
9.7%
Consumer Defensive
5.1%
Basic Materials
4.7%
Real Estate
4%
Utilities
3.5%
Energy
3%

Top 3 Sectors in April were Financial Services, Consumer Cyclical & Industrial

Apr'25

Financial Services

27%

Consumer Cyclical

21%

Industrial

11%

Mar'25

Financial Services

28%

Consumer Cyclical

19%

Industrial

13%

Franklin India Equity Advantage Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
Reliance Industries Ltd
3.18%
0%
Tata Consultancy Services Ltd
2.97%
13%
AU Small Finance Bank Ltd
2.9%
14%
Eternal Ltd
2.84%
0%
Axis Bank Ltd
2.77%
-23.5%
See all
Top Stocks bought last month
Hyundai Motor India Ltd's allocation increased from 0.43% to 2%
Hyundai Motor India Ltd's allocation increased from 0.43% to 2%
AU Small Finance Bank Ltd's allocation increased from 2.06% to 2.9%
AU Small Finance Bank Ltd's allocation increased from 2.06% to 2.9%
Hexaware Technologies Ltd Ordinary Shares's allocation increased from 0.76% to 1.58%
Hexaware Technologies Ltd Ordinary Shares's allocation increased from 0.76% to 1.58%
Top Stocks sold last month
Axis Bank Ltd's allocation decreased from 3.47 % to 2.77 %
Axis Bank Ltd's allocation decreased from 3.47 % to 2.77 %
Godrej Consumer Products Ltd's allocation decreased from 2.9 % to 2.64 %
Godrej Consumer Products Ltd's allocation decreased from 2.9 % to 2.64 %
HDFC Bank Ltd's allocation decreased from 4.05 % to 2.45 %
HDFC Bank Ltd's allocation decreased from 4.05 % to 2.45 %

Franklin India Equity Advantage Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.34%
Benchmark
Nifty LargeMidcap 250 TR INR
AUM₹3375 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
70.24%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Franklin India Equity Advantage Fund

Franklin India Equity Advantage Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Janakiraman. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Franklin India Equity Advantage Fund Direct Growth has ₹3375 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
  2. The fund has an expense ratio 1.3.

Returns

Franklin India Equity Advantage Fund Direct Growth has given a CAGR return of 15.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.62%, 20.03% and 28.10% respectively.

Holdings

Franklin India Equity Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Consumer Defensive, Health, Basic Materials, Real Estate, Energy, Utilities. Its top holdings are Reliance Industries Ltd, Tata Consultancy Services Ltd, AU Small Finance Bank Ltd, Eternal Ltd, Axis Bank Ltd

Taxation

As it is a large & mid-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Franklin India Equity Advantage Fund Direct Growth

To provide medium to long-term capital appreciation by investing primarily in Large and Mid-cap Stocks.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Equity Advantage Fund Direct Growth has no lock in period.

Fund Manager

R. Janakiraman

Fund Manager of Franklin India Equity Advantage Fund Direct Growth, since 28 February 2014

Learn more about Franklin Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 3.4K Cr
₹ 3.3K Cr
₹ 3.1K Cr
  • AUM of the fund stands at 3.4K Cr as of Apr'25
  • AUM increased by 101.8 Cr between Apr'25 and Mar'25

Compare Franklin India Equity Advantage Fund

Franklin India Equity Advantage Fund

VS

Mirae Asset Large & Midcap Fund Direct Growth

Frequently Asked Questions for Franklin India Equity Advantage Fund Direct Growth

What is the current NAV of Franklin India Equity Advantage Fund Direct Growth?

The current NAV of Franklin India Equity Advantage Fund Direct Growth is ₹204.52 as on 16-May-2025.

What are the average returns of Franklin India Equity Advantage Fund Direct Growth?

Existing (Absolute + CAGR) as on 16-May-2025.
Franklin India Equity Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.32%
8.32%
6 Month Returns
3.85%
3.85%
1 Year Returns
15.62%
15.62%
3 Years Returns
72.94%
20.03%

How do I invest in Franklin India Equity Advantage Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Franklin India Equity Advantage Fund Direct Growth?

1.34% as on April 2025

What is net assets under management (AUM) of Franklin India Equity Advantage Fund Direct Growth?

₹3375 Cr as on April 2025

What are the top 5 holdings of Franklin India Equity Advantage Fund Direct Growth?

Reliance Industries Ltd(3.18%), Tata Consultancy Services Ltd(2.97%), AU Small Finance Bank Ltd(2.9%), Eternal Ltd(2.84%), Axis Bank Ltd(2.77%) as on April 2025

What are the top 3 sectors that this Franklin India Equity Advantage Fund Direct Growth has invested in?

Financial Services(25.87%), Consumer Cyclical(20.76%), Industrial(11.01%) as on April 2025

What is the alpha of Franklin India Equity Advantage Fund Direct Growth?

The alpha ratio for the Franklin India Equity Advantage Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Franklin India Equity Advantage Fund Direct Growth
4.32
-1.18
-0.3
As on April 2025
The alpha for Franklin India Equity Advantage Fund Direct Growth is calculated against Nifty LargeMidcap 250 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of Franklin India Equity Advantage Fund Direct Growth??

The Beta ratio for the Franklin India Equity Advantage Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Franklin India Equity Advantage Fund Direct Growth
1
0.9
0.97
As on April 2025
The Beta for Franklin India Equity Advantage Fund Direct Growth is calculated with Nifty LargeMidcap 250 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of Franklin India Equity Advantage Fund Direct Growth?

The sharpe ratio for the Franklin India Equity Advantage Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Franklin India Equity Advantage Fund Direct Growth
0.31
0.63
1.21
As on April 2025
The sharpe ratio for Franklin India Equity Advantage Fund Direct Growth is calculated with Nifty LargeMidcap 250 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of Franklin India Equity Advantage Fund Direct Growth?

The standard deviation for the Franklin India Equity Advantage Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Franklin India Equity Advantage Fund Direct Growth
17.81
14.24
15.36
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

What is the Sortino ratio of Franklin India Equity Advantage Fund Direct Growth?

Sortino ratio is 1.03 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Who is the manager of Franklin India Equity Advantage Fund Direct Growth?

R. Janakiraman is the fund manager of Franklin India Equity Advantage Fund Direct Growth

What is the exit load of Franklin India Equity Advantage Fund Direct Growth?

The Exit load of Franklin India Equity Advantage Fund Direct Growth is 1%