Franklin India NSE Nifty 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 165.6 as on 20-09-2023
Fund Performance
182 people have invested ₹ 20.5L in Franklin India NSE Nifty 50 Index Fund Direct Growth in the last three months
Fund Insights
This fund expense ratio is slightly on the lower side within the category (index funds). Its expense ratio is 0.24% which is lower than the category average expense ratio of 0.31%.
In the last 3 years, UTI Nifty 50 Index Fund-Growth Option- Direct has given 21.22% return, outperforming this fund by 0.34% per annum.
In the last 1 year, UTI S&P BSE Low Volatility Index Fund Direct Growth has given 19.92% return, outperforming this fund by 7.49%.
In the last 5 years, Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan has given 13.52% return, outperforming this fund by 0.78% per annum.
INDmoney Rank
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IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the Fund
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 ₹541 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.2.
Franklin India NSE Nifty 50 Index Fund Direct Growth Overview
 | 0.24% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹541 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 2.55% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
98.7%
Sector Allocation
Financial Services
37%
Tech
13.7%
Energy
12.2%
Consumer Defensive
9.3%
Consumer Cyclical
7.6%
Basic Materials
6.8%
Industrial
4.6%
Health
4.1%
Communication
2.5%
Utilities
2.2%
Top Holdings of Franklin India NSE Nifty 50 Index Fund Direct Growth as on (31-Aug-23)
Equity Holdings51
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 13.59% | 67.2% | |
 Reliance Industries Ltd | 9.44% | -1.3% | |
 ICICI Bank Ltd | 7.78% | -0.7% | |
 Infosys Ltd | 5.94% | -0.9% | |
 ITC Ltd | 4.5% | -1% |
See all
Franklin India NSE Nifty 50 Index Fund Direct Growth: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -2.15% whereas the fund’s underlying benchmark Nifty 50 returns stands at -2.43% as on Aug'23
- This fund outperformed Nifty 50 by 0.28% in Aug'23
AUM Change
- AUM of the fund stands at 541.4 Cr as of Aug'23
- AUM decreased by 9.8 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Franklin India NSE Nifty 50 Index Fund Direct Growth portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Cipla Ltd | 6.7% |
 Mahindra & Mahindra Ltd | 5.5% |
 Infosys Ltd | 5.1% |
Top Losers | 1M Return |
|---|---|
 HDFC Bank Ltd | -5.5% |
 Reliance Industries Ltd | -4.2% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Fund 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 12.5% since inception which is less than its category average return of 14.76%
Fund Allocations
This fund has an allocation of 98.73% in Equity, 0% in Debt and 1.27% in Cash related instruments
AUM size ₹541 Cr
This fund has AUM of ₹541 Cr which is less than its category average of ₹ 560 Cr
Expense Ratio 0.24%
This fund has an expense ratio of 0.24% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions
The current NAV of Franklin India NSE Nifty 50 Index Fund Direct Growth is ₹165.64 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
Franklin India NSE Nifty 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.18% | 3.18% |
6 Month Returns | 17.74% | 17.74% |
1 Year Returns | 12.43% | 12.43% |
3 Years Returns | 76.61% | 20.87% |
5 Years Returns | 82.19% | 12.75% |
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0.24% as on August 2023
₹541 Cr as on August 2023
HDFC Bank Ltd(13.59%), Reliance Industries Ltd(9.44%), ICICI Bank Ltd(7.78%), Infosys Ltd(5.94%), ITC Ltd(4.5%) as on August 2023
Financial Services(36.54%), Tech(13.49%), Energy(12.08%) as on August 2023
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 | -0.3 | -0.34 | -0.55 |
As on August 2023
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 August 2023
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 | 0.26 | 1.03 | 0.39 |
As on August 2023
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 | 11.7 | 14.2 | 18.71 |
As on August 2023
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 2.19 as on August 2023. 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%