Franklin Asian Equity Fund Direct Growth
Equity
Direct
Global - Other
NAV: ₹ 27.27 as on 16-04-2024
Fund Performance
93 people have invested ₹ 3.4L in Franklin Asian Equity Fund Direct Growth in the last three months
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 6.9% drop in AUM moving from 249.47 Cr to 232.19 Cr.
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 22.39% return, outperforming this fund by 19.54% per annum.
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 95.4% return, outperforming this fund by 95.93%.
This fund expense ratio is slightly on the higher side within the category (global - other). Its expense ratio is 1.77% which is higher than the category average expense ratio of 1.07%.
In the last 3 years, Kotak NASDAQ 100 Fund of Fund Direct Growth has given 12.91% return, outperforming this fund by 20.29% per annum.
INDmoney Rank of Franklin Asian Equity Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Pros
Hold on while we find any good points for this fund.
Cons
Underperforms FD returns for both 3Y & 5Y period
About the Franklin Asian Equity Fund Direct Growth
Franklin Asian Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Franklin Asian Equity Fund Direct Growth has ₹232 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.8.
Franklin Asian Equity Fund Direct Growth Overview
 | 1.77% |
 Benchmark | MSCI Asia ex-Japan Standard TR INR |
 | ₹232 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 57.26% |
Franklin Asian Equity Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
91.5%
Mid cap
5.8%
Sector Allocation
Tech
27.3%
Financial Services
20.7%
Consumer Cyclical
20.4%
Consumer Defensive
8.6%
Industrial
7.3%
Communication
4.4%
Energy
3.7%
Health
3.6%
Real Estate
2%
Basic Materials
1.9%
Top Holdings of Franklin Asian Equity Fund Direct Growth as on (31-Mar-24)
Equity Holdings44
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Taiwan Semiconductor Manufacturing Co Ltd | 11.11% | -20.1% | |
Samsung Electronics Co Ltd | 7.71% | -22.3% | |
 ICICI Bank Ltd | 6.08% | 100% | |
Tencent Holdings Ltd | 4.28% | -31.3% | |
 HDFC Bank Ltd | 4.02% | 100% |
See all
Gainers & Losers in Franklin Asian Equity Fund Direct Growth portfolio Returns for the month of Dec
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 29.2% |
 Oberoi Realty Ltd | 15.4% |
 HDFC Life Insurance Company Ltd | 1.4% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 Tata Consumer Products Ltd | -2.5% |
 United Spirits Ltd | 6.6% |
Peer Analysis
Franklin Asian Equity Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 6.67% since inception which is less than its category average return of 6.73%
Fund Allocations
This fund has an allocation of 97.26% in Equity, 0% in Debt and 2.74% in Cash related instruments
AUM size ₹232 Cr
This fund has AUM of ₹232 Cr which is less than its category average of ₹ 511 Cr
Expense Ratio 1.77%
This fund has an expense ratio of 1.77% which is more than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Franklin Asian Equity Fund Direct Growth is ₹27.27 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Franklin Asian Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.65% | -0.65% |
6 Month Returns | 5.48% | 5.48% |
1 Year Returns | -0.52% | -0.52% |
3 Years Returns | -20.54% | -7.38% |
5 Years Returns | 15.09% | 2.85% |
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1.77% as on March 2024
₹232 Cr as on March 2024
Taiwan Semiconductor Manufacturing Co Ltd(11.11%), Samsung Electronics Co Ltd(7.71%), ICICI Bank Ltd(6.08%), Tencent Holdings Ltd(4.28%), HDFC Bank Ltd(4.02%) as on March 2024
Tech(26.56%), Financial Services(20.13%), Consumer Cyclical(19.85%) as on March 2024
The alpha ratio for the Franklin Asian Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin Asian Equity Fund Direct Growth | - | - | - |
As on March 2024
The alpha for Franklin Asian Equity Fund Direct Growth is calculated against MSCI Asia ex-Japan Standard 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%.
The Beta ratio for the Franklin Asian Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin Asian Equity Fund Direct Growth | - | - | - |
As on March 2024
The Beta for Franklin Asian Equity Fund Direct Growth is calculated with MSCI Asia ex-Japan Standard 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.
The sharpe ratio for the Franklin Asian Equity Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Franklin Asian Equity Fund Direct Growth | -0.22 | -0.52 | 0.04 |
As on March 2024
The sharpe ratio for Franklin Asian Equity Fund Direct Growth is calculated with MSCI Asia ex-Japan Standard 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.
The standard deviation for the Franklin Asian Equity Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Franklin Asian Equity Fund Direct Growth | 15.83 | 17.85 | 18.33 |
As on March 2024
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.
The Exit load of Franklin Asian Equity Fund Direct Growth is 1%