Franklin Asian Equity Fund Direct Growth
About the Fund
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 ₹244 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 1.6.
Returns
Franklin Asian Equity Fund Direct Growth has given a CAGR return of 7.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.68%, -2.80% and 5.12% respectively.
Holdings
Franklin Asian Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Consumer Cyclical, Consumer Defensive, Industrial, Communication, Health, Energy, Real Estate, Basic Materials. Its top holdings are Taiwan Semiconductor Manufacturing Co Ltd, Samsung Electronics Co Ltd, ICICI Bank Ltd, Tencent Holdings Ltd, HDFC Bank Ltd
Taxation
As it is a global - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Franklin Asian Equity Fund Direct Growth
FAEF is an open-end diversified equity fund that seeks to provide medium to long term appreciation through investments primarily in Asian Companies / sectors (excluding Japan) with long term potential across market capitalisation.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin Asian Equity Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 1.63% |
Benchmark | MSCI Asia ex-Japan Standard TR INR |
| AUM | ₹244 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 57.26% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Taiwan Semiconductor Manufacturing Co Ltd | 12.91% | 0% | |
Samsung Electronics Co Ltd | 7.1% | 0% | |
 ICICI Bank Ltd | 5.99% | 0% | |
Tencent Holdings Ltd | 4.75% | -4.9% | |
 HDFC Bank Ltd | 4.44% | 0% |
Returns for the month of Dec
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 9.6% |
Mutual Fund Insights
Franklin Asian Equity Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹244 Cr
Expense Ratio 1.63%
Frequently Asked Questions
Franklin Asian Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.56% | 1.56% |
6 Month Returns | 17.59% | 17.59% |
1 Year Returns | 9.68% | 9.68% |
3 Years Returns | -8.15% | -2.8% |
5 Years Returns | 28.33% | 5.12% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin Asian Equity Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin Asian Equity Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Franklin Asian Equity Fund Direct Growth | 0.23 | -0.45 | 0.09 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Franklin Asian Equity Fund Direct Growth | 16.68 | 18.18 | 17.95 |