Franklin India Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
About the Fund
Franklin India Focused Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Franklin India Focused Equity Fund Direct Growth has ₹12198 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 Focused Equity Fund Direct Growth has given a CAGR return of 19.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.11%, 21.58% and 22.26% respectively.
Holdings
Franklin India Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Basic Materials, Energy, Communication, Real Estate, Consumer Defensive. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Axis Bank Ltd
Taxation
As it is a focused fund 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 Focused Equity Fund Direct Growth
An open-end focused equity fund that seeks to achieve capital appreciation through investing predominantly in Indian companies/sectors with high growth rates or potential.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Focused Equity Fund Direct Growth has no lock in period.
Fund Performance
1845 people have invested ₹ 2.2Cr in Franklin India Focused Equity Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
Larger AUM within 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 | ₹12198 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 24.24% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
73.1%
Mid cap
18.5%
Small cap
5.2%
Sector Allocation
Financial Services
34.1%
Consumer Cyclical
12.4%
Industrial
11.9%
Health
8.4%
Tech
8.2%
Basic Materials
6.6%
Energy
5.6%
Communication
5.1%
Real Estate
4.4%
Consumer Defensive
3.2%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.39% | 0% | |
 ICICI Bank Ltd | 8.16% | 0% | |
 Infosys Ltd | 5.78% | 4.7% | |
 Reliance Industries Ltd | 5.39% | 5% | |
 Axis Bank Ltd | 4.98% | 0% |
See all
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
Samvardhana Motherson International Ltd | 2.4% |
Mutual Fund Insights
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 29.97% return, outperforming this fund by 8.4% per annum.
This fund expense ratio is slightly on the lower side within the category (focused fund). Its expense ratio is 0.96% which is lower than the category average expense ratio of 1.26%.
In the last 5 years, Quant Focused fund Growth Option Direct Plan has given 26.93% return, outperforming this fund by 4.67% per annum.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 64.16% return, outperforming this fund by 27.05%.
Over the last 6 months, this fund has experienced a 17.4% growth in AUM moving from 10.38K Cr to 12.19K Cr.
Franklin India Focused Equity 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 19.89% since inception which is more than its category average return of 18.33%
Fund Allocations
This fund has an allocation of 96.85% in Equity, 0% in Debt and 3.15% in Cash related instruments
AUM size ₹12198 Cr
This fund has AUM of ₹12198 Cr which is more than its category average of ₹ 4586 Cr
Expense Ratio 0.96%
This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.46%
Frequently Asked Questions
The current NAV of Franklin India Focused Equity Fund Direct Growth is ₹118.76 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Franklin India Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.7% | 2.7% |
6 Month Returns | 20.18% | 20.18% |
1 Year Returns | 37.11% | 37.11% |
3 Years Returns | 79.7% | 21.58% |
5 Years Returns | 173.19% | 22.26% |
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
₹12198 Cr as on June 2024
HDFC Bank Ltd(9.39%), ICICI Bank Ltd(8.16%), Infosys Ltd(5.78%), Reliance Industries Ltd(5.39%), Axis Bank Ltd(4.98%) as on June 2024
Financial Services(33.07%), Consumer Cyclical(12%), Industrial(11.55%) as on June 2024
The alpha ratio for the Franklin India Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Focused Equity Fund Direct Growth | 3.85 | 3.98 | 0.8 |
As on June 2024
The alpha for Franklin India Focused Equity 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Focused Equity Fund Direct Growth | 0.85 | 0.86 | 1.02 |
As on June 2024
The Beta for Franklin India Focused Equity 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 Focused Equity 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 Focused Equity Fund Direct Growth | 2.63 | 1.3 | 0.78 |
As on June 2024
The sharpe ratio for Franklin India Focused Equity 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 Focused Equity 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 Focused Equity Fund Direct Growth | 10.12 | 12.18 | 20.75 |
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 2.5 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.58 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Franklin India Focused Equity Fund Direct Growth is 1%