Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl
Equity
Direct
Large & Mid- Cap
NAV: ₹ 21.3 as on 20-09-2023
Fund Performance
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
- Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has ₹2846 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 1.
Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl Overview
 | 1.01% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹2846 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 72.19% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
57.3%
Mid cap
37.8%
Small cap
1.9%
Sector Allocation
Financial Services
33.5%
Consumer Cyclical
14.9%
Tech
11.1%
Industrial
8.7%
Consumer Defensive
8.7%
Health
8.6%
Basic Materials
5.9%
Energy
3.7%
Communication
3.5%
Utilities
1.4%
Top Holdings of Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings58
Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 0.30% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 1.04% in Aug'23
AUM Change
- AUM of the fund stands at 2.8K Cr as of Aug'23
- AUM decreased by 9.4 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 15.2% |
 Laurus Labs Ltd | 11.5% |
 Zee Entertainment Enterprises Ltd | 10.6% |
Top Losers | 1M Return |
|---|---|
 State Bank of India | -8.3% |
 HDFC Bank Ltd | -5.5% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl Fund Manager
R. Janakiraman
Fund Manager of Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl, since 28 February 2014
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.18% since inception which is less than its category average return of 15.88%
Fund Allocations
This fund has an allocation of 97.01% in Equity, 0% in Debt and 2.99% in Cash related instruments
AUM size ₹2846 Cr
This fund has AUM of ₹2846 Cr which is less than its category average of ₹ 5316 Cr
Expense Ratio 1.01%
This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl is ₹21.28 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
Franklin India Equity Advantage Fund Direct Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 3.99% | 3.99% |
6 Month Returns | 21.87% | 21.87% |
1 Year Returns | 12.69% | 12.69% |
3 Years Returns | 92.12% | 24.31% |
5 Years Returns | 75.65% | 11.93% |
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1.01% as on August 2023
₹2846 Cr as on August 2023
HDFC Bank Ltd(6.21%), ICICI Bank Ltd(5.98%), Reliance Industries Ltd(3.59%), Infosys Ltd(2.77%), LIC Housing Finance Ltd(2.53%) as on August 2023
Financial Services(32.46%), Consumer Cyclical(14.41%), Tech(10.73%) as on August 2023
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 | -3.24 | -1.74 | -3.34 |
As on August 2023
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 | 0.84 | 0.97 | 1.03 |
As on August 2023
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 | 0.43 | 1.17 | 0.34 |
As on August 2023
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 | 9.84 | 15.2 | 21.58 |
As on August 2023
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 2.73 as on August 2023. 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%