Franklin India Flexi Cap Fund Direct Growth

Equity
Direct
Flexi Cap
Franklin India Flexi Cap Fund Direct Growth

About the Fund

Franklin India Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Janakiraman, Anand Radhakrishnan. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Franklin India Flexi Cap Fund Direct Growth has ₹16677 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

Franklin India Flexi Cap Fund Direct Growth has given a CAGR return of 18.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 47.14%, 24.10% and 23.59% respectively.

Holdings

Franklin India Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Consumer Defensive, Basic Materials, Communication, Utilities, Energy, Health, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Bharti Airtel Ltd, Larsen & Toubro Ltd, Infosys Ltd

Taxation

As it is a flexi 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 Flexi Cap Fund Direct Growth

The investment objective of this scheme is to provide growth of capital plus regular dividend through a diversified portfolio of equities, fixed income securities and money market 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 Flexi Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1981 people have invested ₹ 3.2Cr in Franklin India Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
IND ranking is not available for this fund.
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5Y returns in the top 25% of the category
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Fund Overview

Expense ratio0.96%
Benchmark
S&P BSE 500 India TR INR
AUM₹16677 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
18.1%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 93.5%

  • Debt & Cash 6.5%

Large cap
71.6%

Mid cap
14.8%

Small cap
6.5%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
30.3%
Industrial
15%
Consumer Cyclical
12.5%
Tech
9.2%
Consumer Defensive
6.7%
Basic Materials
5.7%
Communication
5.3%
Utilities
4.9%
Energy
4.9%
Health
4.1%
Real Estate
1.4%
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 Flexi Cap Fund Direct Growth, since 1 February 2011
Anand Radhakrishnan
Anand Radhakrishnan
Fund Manager of Franklin India Flexi Cap Fund Direct Growth, since 1 February 2011

Mutual Fund Insights

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In the last 1 year, Bank of India Flexi Cap Fund Direct Growth has given 72.54% return, outperforming this fund by 25.4%.
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In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 33.78% return, outperforming this fund by 9.67% per annum.
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Over the last 6 months, this fund has experienced a 20.9% growth in AUM moving from 13.79K Cr to 16.67K Cr.
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This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.96% which is lower than the category average expense ratio of 1.16%.
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In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 35.1% return, outperforming this fund by 11.51% per annum.

Franklin India Flexi Cap 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 18.36% since inception which is less than its category average return of 21.91%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.47% in Equity, 0% in Debt and 6.53% in Cash related instruments
AUM size ₹16677 Cr

AUM size ₹16677 Cr

This fund has AUM of ₹16677 Cr which is more than its category average of ₹ 8258 Cr
Expense Ratio 0.96%

Expense Ratio 0.96%

This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.35%

Frequently Asked Questions

The current NAV of Franklin India Flexi Cap Fund Direct Growth is ₹1772.39 as on 16-Jul-2024.
Existing (Absolute + CAGR) as on 16-Jul-2024.
Franklin India Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.35%
5.35%
6 Month Returns
18.84%
18.84%
1 Year Returns
47.14%
47.14%
3 Years Returns
91.13%
24.1%
5 Years Returns
188.33%
23.59%
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.
0.96% as on June 2024
₹16677 Cr as on June 2024
ICICI Bank Ltd(7.85%), HDFC Bank Ltd(7.38%), Bharti Airtel Ltd(4.9%), Larsen & Toubro Ltd(4.54%), Infosys Ltd(4.35%) as on June 2024
Financial Services(28.34%), Industrial(14.02%), Consumer Cyclical(11.71%) as on June 2024
The alpha ratio for the Franklin India Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Franklin India Flexi Cap Fund Direct Growth
7.89
4.25
2.6
As on June 2024
The alpha for Franklin India Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Franklin India Flexi Cap Fund Direct Growth
0.9
0.91
0.98
As on June 2024
The Beta for Franklin India Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 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 Flexi Cap 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 Flexi Cap Fund Direct Growth
3.07
1.34
0.89
As on June 2024
The sharpe ratio for Franklin India Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 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 Flexi Cap 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 Flexi Cap Fund Direct Growth
10.44
12.55
19.4
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 2.55 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.03 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
R. Janakiraman, Anand Radhakrishnan are the fund managers of Franklin India Flexi Cap Fund Direct Growth
The Exit load of Franklin India Flexi Cap Fund Direct Growth is 1%