Franklin India Bluechip Fund Direct Growth

Franklin India Bluechip Fund Direct Growth

Equity

Direct

Large-Cap

NAV as on 11-12-2024

₹ 1127.1

Inception Returns

13.9%

/yr

About Franklin India Bluechip Fund Direct Growth

Franklin India Bluechip 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

  1. Franklin India Bluechip Fund Direct Growth has ₹7789 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 1.1.

Returns

Franklin India Bluechip Fund Direct Growth has given a CAGR return of 13.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.23%, 13.76% and 18.19% respectively.

Holdings

Franklin India Bluechip Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Health, Industrial, Basic Materials, Consumer Defensive, Energy, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, Axis Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Mahindra & Mahindra Ltd

Taxation

As it is a large-cap 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Franklin India Bluechip Fund Direct Growth

The investment objective of the scheme is to generate long-term capital appreciation by actively managing a portfolio of equity and equity related securities. The Scheme will invest in a range of companies, with a bias towards large cap companies.

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
921 people have invested ₹ 82.5L in Franklin India Bluechip Fund Direct Growth in the last three months

INDmoney Rank for Franklin India Bluechip Fund Direct Growth

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IND ranking is not available for this fund.
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Beats FD returns for both 3Y & 5Y duration
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3Y returns in the bottom 25% of the category

Franklin India Bluechip Fund Direct Growth Overview

Expense ratio1.1%
Benchmark
S&P BSE 100 India TR INR
AUM₹7789 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
54.58%
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

Trailing Returns

as on (11-Dec-24)

Period
Franklin India Bluechip Fund Direct Growth
Nifty 100
large-cap
1M
3%
2.5%
2.7%
3M
0.1%
-1.4%
-1.2%
6M
10.1%
5.6%
6.8%
1Y
26.2%
21.1%
24.3%
3Y
13.8%
12.9%
14.9%
5Y
18.2%
16.4%
17.8%

Fund Distribution

as on (31-Oct-24)

  • Equity 97.1%

  • Debt & Cash 3%

Large cap
82.7%

Mid cap
11.9%

Small cap
1.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
32.6%
Consumer Cyclical
17%
Tech
12.8%
Health
9.4%
Industrial
6%
Basic Materials
5.5%
Consumer Defensive
5.4%
Energy
5.3%
Utilities
4%
Real Estate
2%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-6.50%
3.22%
1.66%
Nifty 100
-6.79%
2.11%
0.83%
  • This fund’s returns stands at -6.50% whereas the fund’s underlying benchmark Nifty 100 returns stands at -6.79% as on Oct'24
  • This fund outperformed Nifty 100 by 0.29% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 7.8K Cr
₹ 8.4K Cr
₹ 8.2K Cr
  • AUM of the fund stands at 7.8K Cr as of Oct'24
  • AUM decreased by 585.9 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Kotak Mahindra Bank Ltd's allocation increased from 2.03% to 3.36%
Kotak Mahindra Bank Ltd's allocation increased from 2.03% to 3.36%
Reliance Industries Ltd's allocation increased from 3.8% to 5.1%
Reliance Industries Ltd's allocation increased from 3.8% to 5.1%
Torrent Pharmaceuticals Ltd's allocation increased from 0.96% to 1.79%
Torrent Pharmaceuticals Ltd's allocation increased from 0.96% to 1.79%
Top Stocks sold last month
HCL Technologies Ltd's allocation decreased from 4.4 % to 4.01 %
HCL Technologies Ltd's allocation decreased from 4.4 % to 4.01 %
Tata Power Co Ltd's allocation decreased from 2.21 % to 2.16 %
Tata Power Co Ltd's allocation decreased from 2.21 % to 2.16 %
Godrej Consumer Products Ltd's allocation decreased from 3.33 % to 2.06 %
Godrej Consumer Products Ltd's allocation decreased from 3.33 % to 2.06 %
Mid Cap allocation has gone down from 12.5% to 11.9%
Mid Cap allocation has gone down from 12.5% to 11.9%
Large Cap allocation has gone up from 81.1% to 82.7%
Large Cap allocation has gone up from 81.1% to 82.7%
Small Cap allocation has gone down from 2.4% to 1.4%
Small Cap allocation has gone down from 2.4% to 1.4%
Cash allocation has gone down from 3.9% to 2.9%
Cash allocation has gone down from 3.9% to 2.9%

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Tech

Oct'24
Financial Services
33%
Consumer Cyclical
17%
Tech
13%
Sep'24
Financial Services
33%
Consumer Cyclical
17%
Tech
11%
  • Gainers

  • Losers

Fund
Oct'24
Sep'24
Aug'24
No of Holdings
44
45
49
Top 5 Company Concentration
31.8%
28.8%
28.1%
Company having highest exposure
ICICI Bank Ltd (7.6%)
Axis Bank Ltd (7.2%)
Axis Bank Ltd (6.9%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
77.7%
78.1%
79.7%
Sector having highest exposure
Financial Services (32.6%)
Financial Services (33.4%)
Financial Services (32.2%)
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Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Total AUM
₹1.17L Cr
as on 31-Oct-2024
Address
One International Centre, Tower 2, 12th and 13th Floor,Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
+912267519100
Website
service@templeton.com

Mutual Fund Insights

Insights icon
In the last 1 year, Invesco India largecap Fund Direct Plan Growth has given 33.09% return, outperforming this fund by 6.55%.
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In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 22.19% return, outperforming this fund by 8.42% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 7.0% drop in AUM moving from 8.37K Cr to 7.78K Cr.
Insights icon
This fund expense ratio is slightly on the higher side within the category (large-cap). Its expense ratio is 1.1% which is higher than the category average expense ratio of 0.76%.
Insights icon
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 22.25% return, outperforming this fund by 3.98% per annum.

Franklin India Bluechip Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.89% since inception which is more than its category average return of 13.85%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.05% in Equity, 0% in Debt and 2.95% in Cash related instruments
AUM size ₹7789 Cr

AUM size ₹7789 Cr

This fund has AUM of ₹7789 Cr which is more than its category average of ₹ 7026 Cr
Expense Ratio 1.1%

Expense Ratio 1.1%

This fund has an expense ratio of 1.1% which is less than its category average expense ratio of 1.3%

Frequently Asked Questions for Franklin India Bluechip Fund Direct Growth

The current NAV of Franklin India Bluechip Fund Direct Growth is ₹1127.1 as on 11-Dec-2024.
Existing (Absolute + CAGR) as on 11-Dec-2024.
Franklin India Bluechip Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.95%
2.95%
6 Month Returns
10.1%
10.1%
1 Year Returns
26.23%
26.23%
3 Years Returns
47.24%
13.76%
5 Years Returns
130.61%
18.19%
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1.1% as on November 2024
₹7789 Cr as on November 2024
ICICI Bank Ltd(7.58%), Axis Bank Ltd(7.52%), HDFC Bank Ltd(6.84%), Reliance Industries Ltd(5.1%), Mahindra & Mahindra Ltd(4.77%) as on November 2024
Financial Services(31.62%), Consumer Cyclical(16.52%), Tech(12.44%) as on November 2024
The alpha ratio for the Franklin India Bluechip Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Franklin India Bluechip Fund Direct Growth
2.19
0.04
0.73
As on November 2024
The alpha for Franklin India Bluechip Fund Direct Growth is calculated against S&P BSE 100 India 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 India Bluechip Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Franklin India Bluechip Fund Direct Growth
0.96
0.88
0.96
As on November 2024
The Beta for Franklin India Bluechip Fund Direct Growth is calculated with S&P BSE 100 India 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 India Bluechip 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 Bluechip Fund Direct Growth
1.43
0.62
0.66
As on November 2024
The sharpe ratio for Franklin India Bluechip Fund Direct Growth is calculated with S&P BSE 100 India 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 India Bluechip 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 Bluechip Fund Direct Growth
12.78
12.13
18.76
As on November 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.
Sortino ratio is 1 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Franklin India Bluechip Fund Direct Growth is 1%