Franklin India Opportunities Fund - Direct - Growth
Equity
Direct
Equity - Other
NAV: ₹ 232.45 as on 25-04-2024
Fund Performance
482 people have invested ₹ 1.5Cr in Franklin India Opportunities Fund - Direct - Growth in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (equity - other). Its expense ratio is 0.37% which is lower than the category average expense ratio of 1.13%.
Over the last 3 months, this fund has experienced a 38.2% growth in AUM moving from 2.13K Cr to 2.95K Cr.
In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 48.67% return, outperforming this fund by 18.21% per annum.
In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 29.55% return, outperforming this fund by 5.04% per annum.
In the last 1 year, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 100.27% return, outperforming this fund by 22.6%.
INDmoney Rank of Franklin India Opportunities Fund - Direct - Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Pros
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the Franklin India Opportunities Fund - Direct - Growth
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 ₹2950 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Franklin India Opportunities Fund - Direct - Growth Overview
 | 0.37% |
 Benchmark | IISL Nifty 500 TR INR |
 | ₹2950 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 82.04% |
Franklin India Opportunities Fund - Direct - Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
44.3%
Small cap
38%
Mid cap
12.1%
Sector Allocation
Industrial
28.1%
Consumer Cyclical
21.4%
Financial Services
11.2%
Health
10.6%
Communication
9.3%
Tech
7%
Energy
6%
Basic Materials
4.4%
Utilities
2.1%
Top Holdings of Franklin India Opportunities Fund - Direct - Growth as on (31-Mar-24)
Equity Holdings42
Franklin India Opportunities Fund - Direct - Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.18% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.29% in Mar'24
AUM Change
- AUM of the fund stands at 3K Cr as of Mar'24
- AUM increased by 186.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Franklin India Opportunities Fund - Direct - Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Hindustan Aeronautics Ltd | 19.6% |
 Bharti Airtel Ltd | 10.2% |
 Zomato Ltd | 1% |
Peer Analysis
Franklin India Opportunities Fund - Direct - Growth Fund Manager
R. Janakiraman
Fund Manager of Franklin India Opportunities Fund - Direct - Growth, since 1 April 2013
Top funds managed
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 18.68% since inception which is less than its category average return of 23.31%
Fund Allocations
This fund has an allocation of 94.4% in Equity, 0% in Debt and 5.6% in Cash related instruments
AUM size ₹2950 Cr
This fund has AUM of ₹2950 Cr which is more than its category average of ₹ 1778 Cr
Expense Ratio 0.37%
This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of Franklin India Opportunities Fund - Direct - Growth is ₹232.45 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
Franklin India Opportunities Fund - Direct - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 9.8% | 9.8% |
6 Month Returns | 42.09% | 42.09% |
1 Year Returns | 77.68% | 77.68% |
3 Years Returns | 122.02% | 30.46% |
5 Years Returns | 199.25% | 24.51% |
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0.37% as on March 2024
₹2950 Cr as on March 2024
ICICI Bank Ltd(6.28%), Zomato Ltd(5.71%), Reliance Industries Ltd(5.63%), Bharti Airtel Ltd(5.24%), Hindustan Aeronautics Ltd Ordinary Shares(4.04%) as on March 2024
Industrial(26.52%), Consumer Cyclical(20.25%), Financial Services(10.57%) as on March 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 | 14.4 | 7.34 | 4.56 |
As on March 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 | 1.09 | 0.92 | 0.99 |
As on March 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 | 3.2 | 1.38 | 0.86 |
As on March 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 | 14.08 | 14.27 | 19.85 |
As on March 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 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1 as on March 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%