Franklin India Prima Fund Direct Growth

Franklin India Prima Fund Direct Growth

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Equity
Direct
Mid-Cap
NAV: ₹ 2442.9 as on 23-02-2024
Fund Performance
zero opening, trading, fund transfer fee
1132 people have invested ₹ 1.2Cr in Franklin India Prima Fund Direct Growth in the last three months

Mutual Fund Insights

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In the last 3 years, Quant Mid Cap Fund Growth Option Direct Plan has given 41.79% return, outperforming this fund by 19.82% per annum.
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Over the last 3 months, this fund has experienced a 18.6% growth in AUM moving from 8.49K Cr to 10.08K Cr.
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In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 64.69% return, outperforming this fund by 16.07%.
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This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 1.04% which is lower than the category average expense ratio of 1.18%.
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In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 34.26% return, outperforming this fund by 13.45% per annum.

INDmoney Rank of Franklin India Prima Fund Direct Growth

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IND ranking is not available for this fund.

Pros

Beats FD returns for both 3Y & 5Y duration

Cons

5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category

About the Franklin India Prima Fund Direct Growth

Franklin India Prima 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

  1. Franklin India Prima Fund Direct Growth has ₹10081 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 1.

Franklin India Prima Fund Direct Growth Overview

Expense ratio
Expense ratio
1.04%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹10081 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
26.03%

Franklin India Prima Fund Direct Growth Distribution as on (31-Jan-24)

  • Equity 96.7%

  • Debt & Cash 3.3%

Size breakup

Mid cap
69.9%
Large cap
16.4%
Small cap
10.4%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
22.5%
Consumer Cyclical
17.8%
Industrial
15.4%
Basic Materials
13.7%
Health
8.6%
Tech
7.5%
Real Estate
5%
Utilities
4.4%
Consumer Defensive
4.3%
Energy
0.7%

Top Holdings of Franklin India Prima Fund Direct Growth as on (31-Jan-24)

  • Equity

Equity Holdings70

Franklin India Prima Fund Direct Growth: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
2.53%
6.86%
9.31%
Nifty Midcap 150
4.14%
6.04%
9.75%
  • This fund’s returns stands at 2.53% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 4.14% as on Jan'24
  • This fund underperformed Nifty Midcap 150 by 1.61% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 10.1K Cr
₹ 9.9K Cr
₹ 9.3K Cr
  • AUM of the fund stands at 10.1K Cr as of Jan'24
  • AUM increased by 213.8 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in Franklin India Prima Fund Direct Growth portfolio Returns for the month of Jan

Franklin India Prima Fund Direct Growth Fund Manager

R. Janakiraman
R. Janakiraman
Fund Manager of Franklin India Prima Fund Direct Growth, since 1 February 2011

Franklin India Prima Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 19.58% since inception which is more than its category average return of 19.11%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.68% in Equity, 0% in Debt and 3.32% in Cash related instruments
AUM size ₹10081 Cr

AUM size ₹10081 Cr

This fund has AUM of ₹10081 Cr which is more than its category average of ₹ 7171 Cr
Expense Ratio 1.04%

Expense Ratio 1.04%

This fund has an expense ratio of 1.04% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of Franklin India Prima Fund Direct Growth is ₹2442.92 as on 23-Feb-2024.
Existing (Absolute + CAGR) as on 23-Feb-2024.
Franklin India Prima Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.08%
6.08%
6 Month Returns
23.13%
23.13%
1 Year Returns
48.71%
48.71%
3 Years Returns
80.66%
21.79%
5 Years Returns
157.66%
20.84%
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1.04% as on January 2024
₹10081 Cr as on January 2024
The Federal Bank Ltd(3.42%), REC Ltd(2.85%), NHPC Ltd(2.53%), Bharat Electronics Ltd(2.51%), Trent Ltd(2.48%) as on January 2024
Financial Services(21.76%), Consumer Cyclical(17.22%), Industrial(14.84%) as on January 2024
The alpha ratio for the Franklin India Prima Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Franklin India Prima Fund Direct Growth
-1.42
-3.79
-3.06
As on January 2024
The alpha for Franklin India Prima Fund Direct Growth is calculated against S&P BSE Midcap 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 Prima Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Franklin India Prima Fund Direct Growth
0.85
0.9
0.91
As on January 2024
The Beta for Franklin India Prima Fund Direct Growth is calculated with S&P BSE Midcap 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 Prima 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 Prima Fund Direct Growth
2.64
1.26
0.75
As on January 2024
The sharpe ratio for Franklin India Prima Fund Direct Growth is calculated with S&P BSE Midcap 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 Prima 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 Prima Fund Direct Growth
11.94
14.66
20.56
As on January 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 2.68 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
R. Janakiraman is the fund manager of Franklin India Prima Fund Direct Growth
The Exit load of Franklin India Prima Fund Direct Growth is 1%