Franklin India NSE Nifty 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 06-12-2024
₹ 206.93
1D
Inception Returns
13.3%
/yr
About Franklin India NSE Nifty 50 Index Fund Direct Growth
Franklin India NSE Nifty 50 Index 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 NSE Nifty 50 Index Fund Direct Growth has ₹700 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Franklin India NSE Nifty 50 Index Fund Direct Growth has given a CAGR return of 13.28% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.02%, 14.39% and 16.44% respectively.
Holdings
Franklin India NSE Nifty 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Basic Materials, Industrial, Health, Communication, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, ITC Ltd
Taxation
As it is a index funds 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 NSE Nifty 50 Index Fund Direct Growth
The Investment Objective of the Scheme is to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with the Nifty 50 under NSENifty Plan.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India NSE Nifty 50 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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371 people have invested ₹ 47.8L in Franklin India NSE Nifty 50 Index Fund Direct Growth in the last three months
INDmoney Rank for Franklin India NSE Nifty 50 Index Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
3Y returns in the bottom 25% of the category
Franklin India NSE Nifty 50 Index Fund Direct Growth Overview
| Expense ratio | 0.26% |
Benchmark | IISL Nifty 50 TR INR |
| AUM | ₹700 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 8.34% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (31-Oct-24)
Large cap
99.5%
Sector Allocation
Financial Services
34.2%
Tech
12.9%
Energy
11.4%
Consumer Cyclical
10.1%
Consumer Defensive
8.2%
Basic Materials
6.2%
Industrial
5.8%
Health
4%
Communication
4%
Utilities
3.1%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.11% whereas the fund’s underlying benchmark Nifty 50 returns stands at -6.17% as on Oct'24
- This fund outperformed Nifty 50 by 0.06% in Oct'24
- AUM of the fund stands at 700.1 Cr as of Oct'24
- AUM decreased by 43.8 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 11.31% to 12.05%
ICICI Bank Ltd's allocation increased from 7.72% to 8.33%
State Bank of India's allocation increased from 2.62% to 2.89%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 8.63 % to 8.27 %
Infosys Ltd's allocation decreased from 5.81 % to 5.79 %
Tata Consultancy Services Ltd's allocation decreased from 3.78 % to 3.71 %
Large Cap allocation has gone down from 99.8% to 99.5%
Cash allocation has gone up from 0.2% to 0.5%
Top 3 Sectors in October were Financial Services, Tech & Energy
Oct'24
Financial Services
34%
Tech
13%
Energy
11%
Sep'24
Financial Services
33%
Tech
13%
Energy
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 12.05% | 0% | |
 ICICI Bank Ltd | 8.33% | -0% | |
 Reliance Industries Ltd | 8.27% | -0% | |
 Infosys Ltd | 5.79% | 0.1% | |
 ITC Ltd | 4.16% | 1.6% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Tata Consultancy Services Ltd | 7.1% |
 Infosys Ltd | 6.6% |
 HDFC Bank Ltd | 6.3% |
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Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Total Schemes
Total AUM
₹1.17L Cr
as on 31-Oct-2024
Address
One International Centre, Tower 2, 12th and 13th Floor,Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
+912267519100
Website
service@templeton.com
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.26% which is lower than the category average expense ratio of 0.36%.
In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 20.89% return, outperforming this fund by 4.45% per annum.
In the last 1 year, Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth has given 42.9% return, outperforming this fund by 23.88%.
In the last 3 years, Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth has given 22.73% return, outperforming this fund by 8.34% per annum.
Over the last 1 month, this fund has experienced a 5.9% drop in AUM moving from 743.84 Cr to 700.06 Cr.
Franklin India NSE Nifty 50 Index 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 13.28% since inception which is less than its category average return of 17.6%
Fund Allocations
This fund has an allocation of 99.46% in Equity, 0% in Debt and 0.54% in Cash related instruments
AUM size ₹700 Cr
This fund has AUM of ₹700 Cr which is less than its category average of ₹ 805 Cr
Expense Ratio 0.26%
This fund has an expense ratio of 0.26% which is less than its category average expense ratio of 0.53%
Frequently Asked Questions for Franklin India NSE Nifty 50 Index Fund Direct Growth
The current NAV of Franklin India NSE Nifty 50 Index Fund Direct Growth is ₹206.93 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Franklin India NSE Nifty 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.8% | 0.8% |
6 Month Returns | 8.66% | 8.66% |
1 Year Returns | 19.02% | 19.02% |
3 Years Returns | 49.67% | 14.39% |
5 Years Returns | 114.05% | 16.44% |
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.
0.26% as on November 2024
₹700 Cr as on November 2024
HDFC Bank Ltd(12.05%), ICICI Bank Ltd(8.33%), Reliance Industries Ltd(8.27%), Infosys Ltd(5.79%), ITC Ltd(4.16%) as on November 2024
Financial Services(34.06%), Tech(12.85%), Energy(11.33%) as on November 2024
The alpha ratio for the Franklin India NSE Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India NSE Nifty 50 Index Fund Direct Growth | -0.18 | -0.28 | -0.38 |
As on November 2024
The alpha for Franklin India NSE Nifty 50 Index Fund Direct Growth is calculated against IISL Nifty 50 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 NSE Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India NSE Nifty 50 Index Fund Direct Growth | 0.99 | 0.99 | 0.99 |
As on November 2024
The Beta for Franklin India NSE Nifty 50 Index Fund Direct Growth is calculated with IISL Nifty 50 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 NSE Nifty 50 Index 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 NSE Nifty 50 Index Fund Direct Growth | 1.06 | 0.59 | 0.6 |
As on November 2024
The sharpe ratio for Franklin India NSE Nifty 50 Index Fund Direct Growth is calculated with IISL Nifty 50 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 NSE Nifty 50 Index 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 NSE Nifty 50 Index Fund Direct Growth | 12.33 | 12.5 | 18.49 |
As on November 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 0.99 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Franklin India NSE Nifty 50 Index Fund Direct Growth is 0%