Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Large & Mid-Cap
Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Janakiraman. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has ₹3510 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.1.

Returns

Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 15.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.93%, 17.02% and 18.52% respectively.

Holdings

Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Health, Basic Materials, Consumer Defensive, Energy, Real Estate, Communication. Its top holdings are Mahindra & Mahindra Ltd, Endurance Technologies Ltd, Axis Bank Ltd, HDFC Bank Ltd, Zomato Ltd

Taxation

As it is a large & mid-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 Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl

To provide medium to long-term capital appreciation by investing primarily in Large and Mid-cap Stocks.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio1.08%
Benchmark
S&P BSE 200 India TR INR
AUM₹3510 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
72.19%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 97.1%

  • Debt & Cash 2.9%

Large cap
52.7%

Mid cap
39.2%

Small cap
5.2%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
28.6%
Consumer Cyclical
26.8%
Tech
10.8%
Industrial
10.5%
Health
6.4%
Basic Materials
6%
Consumer Defensive
3.9%
Energy
3.1%
Real Estate
2.5%
Communication
1.3%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

R. Janakiraman
R. Janakiraman
Fund Manager of Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl, since 28 February 2014

Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl 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 15.78% since inception which is less than its category average return of 18.25%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.09% in Equity, 0% in Debt and 2.91% in Cash related instruments
AUM size ₹3510 Cr

AUM size ₹3510 Cr

This fund has AUM of ₹3510 Cr which is less than its category average of ₹ 7161 Cr
Expense Ratio 1.08%

Expense Ratio 1.08%

This fund has an expense ratio of 1.08% which is less than its category average expense ratio of 1.39%

Frequently Asked Questions

The current NAV of Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl is ₹25.65 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
4.96%
4.96%
6 Month Returns
17.46%
17.46%
1 Year Returns
36.93%
36.93%
3 Years Returns
60.26%
17.02%
5 Years Returns
133.82%
18.52%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
1.08% as on June 2024
₹3510 Cr as on June 2024
Mahindra & Mahindra Ltd(4.62%), Endurance Technologies Ltd(4.53%), Axis Bank Ltd(4.29%), HDFC Bank Ltd(4.12%), Zomato Ltd(3.85%) as on June 2024
Financial Services(27.82%), Consumer Cyclical(26.01%), Tech(10.45%) as on June 2024
The alpha ratio for the Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl
-5.88
-3.35
-4.72
As on June 2024
The alpha for Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl
1.02
0.89
1.04
As on June 2024
The Beta for Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl
2.02
0.86
0.64
As on June 2024
The sharpe ratio for Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl
12.65
12.61
21.31
As on June 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 1.63 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
R. Janakiraman is the fund manager of Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl is 1%