Franklin India Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
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
- 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.
- The fund has an expense ratio 1.
Returns
Franklin India Flexi Cap Fund Direct Growth has given a CAGR return of 18.23% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.14%, 23.54% and 23.88% 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 benefitDividends 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
2080 people have invested ₹ 3.3Cr 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.
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.96% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹16677 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 18.1% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
71.6%
Mid cap
14.8%
Small cap
6.5%
Sector Allocation
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
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 7.85% | 3.9% | |
 HDFC Bank Ltd | 7.38% | 3% | |
 Bharti Airtel Ltd | 4.9% | -5.7% | |
 Larsen & Toubro Ltd | 4.54% | 0% | |
 Infosys Ltd | 4.35% | 0% |
See all
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
Kalyan Jewellers India Ltd | 18.7% |
 Infosys Ltd | 18.6% |
R. Janakiraman
Fund Manager of Franklin India Flexi Cap Fund Direct Growth, since 1 February 2011
Top funds managed
Anand Radhakrishnan
Fund Manager of Franklin India Flexi Cap Fund Direct Growth, since 1 February 2011
Top funds managed
Mutual Fund Insights
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 1.15%.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 35.5% return, outperforming this fund by 11.62% per annum.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 32.78% return, outperforming this fund by 9.25% per annum.
In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 65.45% return, outperforming this fund by 21.31%.
Over the last 6 months, this fund has experienced a 20.9% growth in AUM moving from 13.79K Cr to 16.67K Cr.
Franklin India Flexi Cap Fund Direct Growth 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 18.23% since inception which is less than its category average return of 21.07%
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
This fund has AUM of ₹16677 Cr which is more than its category average of ₹ 8258 Cr
Expense Ratio 0.96%
This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions
The current NAV of Franklin India Flexi Cap Fund Direct Growth is ₹1764.28 as on 23-Jul-2024.
Existing (Absolute + CAGR) as on 23-Jul-2024.
Franklin India Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.79% | 3.79% |
6 Month Returns | 20.79% | 20.79% |
1 Year Returns | 44.14% | 44.14% |
3 Years Returns | 88.53% | 23.54% |
5 Years Returns | 191.74% | 23.88% |
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%