Franklin India Bluechip Fund Direct Growth
About the Fund
Franklin India Bluechip Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Anand Radhakrishnan, R. Janakiraman. The fund could potentially beat inflation in the long-run.
Key Parameters
- Franklin India Bluechip Fund Direct Growth has ₹8161 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
Franklin India Bluechip Fund Direct Growth has given a CAGR return of 14.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.25%, 14.91% and 18.25% respectively.
Holdings
Franklin India Bluechip Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Health, Consumer Defensive, Industrial, Energy, Basic Materials, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Mahindra & Mahindra Ltd, Reliance Industries 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 benefitDividends 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.
INDmoney Rank
Fund Overview
| Expense ratio | 0.95% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹8161 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 48.64% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 9.6% |
Mutual Fund Insights
Franklin India Bluechip Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹8161 Cr
Expense Ratio 0.95%
Frequently Asked Questions
Franklin India Bluechip Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.7% | 3.7% |
6 Month Returns | 18.67% | 18.67% |
1 Year Returns | 31.25% | 31.25% |
3 Years Returns | 51.73% | 14.91% |
5 Years Returns | 131.2% | 18.25% |
- 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 India Bluechip Fund Direct Growth | 0.48 | -0.45 | -0.22 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Bluechip Fund Direct Growth | 0.92 | 0.83 | 0.96 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Franklin India Bluechip Fund Direct Growth | 1.88 | 0.79 | 0.64 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Franklin India Bluechip Fund Direct Growth | 11.09 | 11.59 | 18.87 |