Franklin India Opportunities Fund Direct Growth
Equity
Direct
Equity - Other
About the Fund
Franklin India Opportunities Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Janakiraman. The fund could potentially beat inflation in the long-run.
Key Parameters
- Franklin India Opportunities Fund Direct Growth has ₹4576 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Franklin India Opportunities Fund Direct Growth has given a CAGR return of 19.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 71.00%, 31.27% and 29.20% respectively.
Holdings
Franklin India Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Financial Services, Health, Tech, Basic Materials, Communication, Energy, Utilities, Consumer Defensive. Its top holdings are ICICI Bank Ltd, Crompton Greaves Consumer Electricals Ltd, Bharti Airtel Ltd, Zomato Ltd, HDFC Bank Ltd
Taxation
As it is a equity - other 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 Opportunities Fund Direct Growth
To generate capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy and/or regulatory changes, companies going through temporary unique challenges and other similar instances
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Opportunities Fund Direct Growth has no lock in period.
Fund Performance
962 people have invested ₹ 2.4Cr in Franklin India Opportunities 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
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.67% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹4576 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 82.04% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Small cap
43.7%
Large cap
40.5%
Mid cap
7.2%
Sector Allocation
Industrial
25.5%
Consumer Cyclical
18.5%
Financial Services
12.6%
Health
9.3%
Tech
9.2%
Basic Materials
7.5%
Communication
6.9%
Energy
4.1%
Utilities
3.5%
Consumer Defensive
2.7%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 9.6% |
 Zensar Technologies Ltd | 0.7% |
R. Janakiraman
Fund Manager of Franklin India Opportunities Fund Direct Growth, since 1 April 2013
Top funds managed
Mutual Fund Insights
This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.68% which is lower than the category average expense ratio of 1.12%.
In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 33.33% return, outperforming this fund by 4.14% per annum.
Over the last 3 months, this fund has experienced a 55.1% growth in AUM moving from 2.95K Cr to 4.57K Cr.
In the last 1 year, HDFC Defence Fund Direct Growth has given 116.3% return, outperforming this fund by 45.3%.
In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 43.04% return, outperforming this fund by 11.77% per annum.
Franklin India Opportunities 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 19.72% since inception which is less than its category average return of 24.94%
Fund Allocations
This fund has an allocation of 94.33% in Equity, 0% in Debt and 5.67% in Cash related instruments
AUM size ₹4576 Cr
This fund has AUM of ₹4576 Cr which is more than its category average of ₹ 2178 Cr
Expense Ratio 0.67%
This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions
The current NAV of Franklin India Opportunities Fund Direct Growth is ₹268.17 as on 24-Jul-2024.
Existing (Absolute + CAGR) as on 24-Jul-2024.
Franklin India Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.69% | 1.69% |
6 Month Returns | 32.06% | 32.06% |
1 Year Returns | 71% | 71% |
3 Years Returns | 126.19% | 31.27% |
5 Years Returns | 259.95% | 29.2% |
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.
0.67% as on June 2024
₹4576 Cr as on June 2024
ICICI Bank Ltd(4.44%), Crompton Greaves Consumer Electricals Ltd(4.41%), Bharti Airtel Ltd(4.24%), Zomato Ltd(4.05%), HDFC Bank Ltd(3.99%) as on June 2024
Industrial(24.09%), Consumer Cyclical(17.44%), Financial Services(11.89%) as on June 2024
The alpha ratio for the Franklin India Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Opportunities Fund Direct Growth | 23.8 | 10.62 | 6.75 |
As on June 2024
The alpha for Franklin India Opportunities Fund Direct Growth is calculated against IISL Nifty 500 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 Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Opportunities Fund Direct Growth | 1.1 | 0.96 | 0.99 |
As on June 2024
The Beta for Franklin India Opportunities Fund Direct Growth is calculated with IISL Nifty 500 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 Opportunities 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 Opportunities Fund Direct Growth | 3.53 | 1.57 | 1.07 |
As on June 2024
The sharpe ratio for Franklin India Opportunities Fund Direct Growth is calculated with IISL Nifty 500 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 Opportunities 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 Opportunities Fund Direct Growth | 15.07 | 15.21 | 20.27 |
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 3.62 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.46 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
R. Janakiraman is the fund manager of Franklin India Opportunities Fund Direct Growth
The Exit load of Franklin India Opportunities Fund Direct Growth is 1%