Franklin India Equity Advantage Fund Direct Growth
Franklin India Equity Advantage Fund Direct Growth

Franklin India Equity Advantage Fund Direct Growth

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Equity
Direct
Large & Mid-Cap

NAV: ₹ 135.6 as on 02-12-2022

Fund Performance
zero opening, trading, fund transfer fee
154 people have invested ₹ 46.5L in mutual fund in the last three months

INDmoney Rank

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Pros
Beats FD returns for both 3Y & 5Y duration
Cons
3Y returns in the bottom 25% of the category

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
3.7%
2.5%
9.3%
1.9%
17.7%
10.7%
Benchmark
2.8%
5%
13.4%
7.5%
17.7%
12%
Category
2.2%
4.5%
13.3%
6.6%
19%
12%
About the 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 Sandeep Manam, R. Janakiraman, Venkatesh Sanjeevi. The fund could potentially beat inflation in the long-run.

Key parameters

1) Franklin India Equity Advantage Fund Direct Growth has a NAV of 135.5914 as on 02-12-2022.

2) Franklin India Equity Advantage Fund Direct Growth has 2708 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 1.4 %.

Fund Overview

Expense ratio
Expense ratio
1.4%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹2708 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
57.39%

Fund Distribution

  • Equity 94.1%
  • Debt & Cash 5.9%
Size breakup
Large cap
54.6%
Mid cap
37.4%
Small cap
2.1%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

31.5%

Tech

14.2%

Consumer Cyclical

13.3%

Health

13.1%

Consumer Defensive

8.6%

Industrial

7.3%

Basic Materials

5.2%

Energy

3%

Communication

2.4%

Utilities

1.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings56
Equity Holdings55
Debt Holdings1
Holdings
Weight%
Holdings Trend
1M Change
icon
Call, Cash & Other Assets
5.89%
0%
icon
HDFC Bank Ltd
5.11%
-14%
icon
ICICI Bank Ltd
4.7%
0%
icon
Infosys Ltd
4.32%
0%
icon
HCL Technologies Ltd
3.46%
-21.6%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 17.2 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 2.7K Cr
Sep'22
₹ 2.7K Cr
Aug'22
₹ 2.8K Cr

Fund Returns vs Benchmark

Oct'22
1.05%
5.37%
Sep'22
-2.78%
-2.51%
Aug'22
2.81%
3.22%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
56
51
49
Top 5 Company Concentration
20.6%
21.6%
22.4%
Company having highest exposure
HDFC Bank Ltd (5.1%)
HDFC Bank Ltd (5.7%)
HDFC Bank Ltd (5.7%)
No of Sectors
11
11
9
Top 5 Sectors Concentration
76%
80.9%
84.8%
Sector having highest exposure
Financial Services (29.7%)
Financial Services (31.7%)
Financial Services (34.7%)

Fund Manager

Sandeep Manam

Sandeep Manam

Managing this fund since 18 October 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Franklin India Focused Equity Fund Direct Growth
20.55%
17.23%
Franklin India Flexi Cap Fund Direct Growth
21.86%
17.5%
Franklin India Prima Fund Direct Growth
19.06%
23.98%
R. Janakiraman

R. Janakiraman

Managing this fund since 1 March 2014

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Franklin India Flexi Cap Fund Direct Growth
21.86%
17.5%
Franklin India Prima Fund Direct Growth
19.06%
23.98%
Franklin India Smaller Companies Fund Direct Growth
26.8%
32.27%
Venkatesh Sanjeevi

Venkatesh Sanjeevi

Managing this fund since 18 October 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Franklin India Bluechip Fund Direct Growth
15.89%
16.17%
Franklin India Equity Advantage Fund Direct Growth
17.7%
19.02%

AMC details

Address
Franklin Templeton Asset Management (India) Private Limited,Indiabulls Finance Centre; Tower 2, 12th and 13th Floor,Senapati Bapat Marg;,Elphinstone Road (W)
Phone
+912267519100
Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd

Fund Highlights

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 14.41% since inception which is less than its category average return of 16.22%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.11% in Equity, 0% in Debt and 5.89% in Cash related instruments
AUM size ₹2708 Cr

AUM size ₹2708 Cr

This fund has AUM of ₹2708 Cr which is less than its category average of ₹ 4089 Cr
Expense Ratio 1.4%

Expense Ratio 1.4%

This fund has an expense ratio of 1.4% which is less than its category average expense ratio of 1.56%

Frequently Asked Questions

The current NAV of Franklin India Equity Advantage Fund Direct Growth is 135.59.
Existing (Absolute + CAGR)
Franklin India Equity Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.7%
3.7%
6 Month Returns
9.31%
9.31%
1 Year Returns
1.86%
1.86%
3 Years Returns
63.05%
17.7%
5 Years Returns
66.61%
10.75%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.4 as on November 2022
2708 Cr as on November 2022
HDFC Bank Ltd(5.11%),ICICI Bank Ltd(4.7%),Infosys Ltd(4.32%),HCL Technologies Ltd(3.46%),United Breweries Ltd(3.05%) as on November 2022
Financial Services(29.67%),Tech(13.4%),Consumer Cyclical(12.51%) as on November 2022
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
-6.66
-4.01
-2.66
As on month end.
The alpha for Franklin India Equity Advantage Fund Direct Growth is calculated against S&P BSE 200 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 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
0.86
1.07
1.03
As on month end.
The Beta for Franklin India Equity Advantage Fund Direct Growth is calculated with S&P BSE 200 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 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
-0.1
0.6
0.34
As on month end.
The sharpe ratio for Franklin India Equity Advantage Fund Direct Growth is calculated with S&P BSE 200 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 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
14.5
25.69
21.77
As on month end.
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.
0.81
Sandeep Manam,R. Janakiraman,Venkatesh Sanjeevi are the fund managers of Franklin India Equity Advantage Fund Direct Growth
The Exit load of Franklin India Equity Advantage Fund Direct Growth is 1%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.