Franklin India Equity Hybrid Fund Direct Growth

Hybrid
Direct
Aggressive Allocation
Franklin India Equity Hybrid Fund Direct Growth

About the Fund

Franklin India Equity Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sachin Padwal-Desai, Umesh Sharma, Anand Radhakrishnan. This fund gives you the benefit of diversification.

Key Parameters

  1. Franklin India Equity Hybrid Fund Direct Growth has ₹1901 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 Hybrid Fund Direct Growth has given a CAGR return of 15.63% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 34.31%, 17.50% and 17.90% respectively.

Holdings

Franklin India Equity Hybrid Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Government, Cash Equivalent, Consumer Cyclical, Industrial, Tech, Health, Communication, Energy, Basic Materials, Utilities, Consumer Defensive, Real Estate.

Taxation

As it is a aggressive allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Franklin India Equity Hybrid Fund Direct Growth

The investment objective of the fund is to provide long-term growth of capital and current income by investing in equity and equity related securities and fixed income instruments.

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 Hybrid Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
105 people have invested ₹ 7.2L in Franklin India Equity Hybrid Fund Direct Growth in the last three months

Fund Overview

Expense ratio1.08%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹1901 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
57.17%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 68.7%

  • Debt & Cash 31.3%

Large cap
52.7%

Small cap
10.3%

Mid cap
5.6%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
29.9%
Consumer Cyclical
15.6%
Industrial
14.1%
Tech
9.2%
Health
6.4%
Communication
5.9%
Energy
5.3%
Basic Materials
4.4%
Utilities
4%
Consumer Defensive
4%
Real Estate
1.3%
All changes are between Oct'69 and Dec'69

Sachin Padwal-Desai
Sachin Padwal-Desai
Fund Manager of Franklin India Equity Hybrid Fund Direct Growth, since 1 February 2011
Umesh Sharma
Umesh Sharma
Fund Manager of Franklin India Equity Hybrid Fund Direct Growth, since 1 February 2011
Anand Radhakrishnan
Anand Radhakrishnan
Fund Manager of Franklin India Equity Hybrid Fund Direct Growth, since 6 September 2021

Mutual Fund Insights

Insights icon
This fund expense ratio is slightly on the lower side within the category (aggressive allocation). Its expense ratio is 1.08% which is lower than the category average expense ratio of 1.25%.
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In the last 3 years, ICICI Prudential Equity & Debt Fund Direct Plan Growth has given 25.75% return, outperforming this fund by 8.26% per annum.
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In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 54.35% return, outperforming this fund by 20.04%.
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In the last 5 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 28.24% return, outperforming this fund by 10.34% per annum.
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Over the last 6 months, this fund has experienced a 16.5% growth in AUM moving from 1.63K Cr to 1.90K Cr.

Franklin India Equity Hybrid 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 15.63% since inception which is more than its category average return of 13.53%
Fund Allocations

Fund Allocations

This fund has an allocation of 68.66% in Equity, 25.96% in Debt and 5.38% in Cash related instruments
AUM size ₹1901 Cr

AUM size ₹1901 Cr

This fund has AUM of ₹1901 Cr which is less than its category average of ₹ 5430 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 1.5%

Frequently Asked Questions

The current NAV of Franklin India Equity Hybrid Fund Direct Growth is ₹294.84 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
Franklin India Equity Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.09%
4.09%
6 Month Returns
14.92%
14.92%
1 Year Returns
34.31%
34.31%
3 Years Returns
62.21%
17.5%
5 Years Returns
127.8%
17.9%
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
₹1901 Cr as on June 2024
HDFC Bank Ltd(5.98%), ICICI Bank Ltd(5.01%), National Bank For Agriculture And Rural Development(4.2%), Larsen & Toubro Ltd(3.25%), Infosys Ltd(3.25%) as on June 2024
Financial Services(20.54%), Corporate(18.25%), Consumer Cyclical(10.73%) as on June 2024
AAA
92.22
AA
7.78
Sachin Padwal-Desai, Umesh Sharma, Anand Radhakrishnan are the fund managers of Franklin India Equity Hybrid Fund Direct Growth
The Exit load of Franklin India Equity Hybrid Fund Direct Growth is 1%