Franklin India Smaller Companies Fund Direct Growth
Franklin India Smaller Companies Fund Direct Growth

Franklin India Smaller Companies Fund Direct Growth

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Equity
Direct
Small-Cap

NAV: ₹ 119.2 as on 01-06-2023

Fund Performance
zero opening, trading, fund transfer fee
1626 people have invested ₹ 1.5Cr in Franklin India Smaller Companies Fund Direct Growth in the last three months

Fund Insights

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In the last 1 year, HDFC Small Cap Fund-Direct Growth Option has given 33.91% return, outperforming Franklin India Smaller Companies Fund Direct Growth by 3.84%

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In the last 3 years, Quant Small Cap Fund Growth Option Direct Plan has given 65.26% return, outperforming Franklin India Smaller Companies Fund Direct Growth by 20.89% per annum

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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 26.12% return, outperforming Franklin India Smaller Companies Fund Direct Growth by 12.42% per annum

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Franklin India Smaller Companies Fund Direct Growth has one of the lowest expense ratio in the category (small-cap). Its expense ratio is 0.84% which is lower than the category average expense ratio of 1.29%

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Over the last 3 months, Franklin India Smaller Companies Fund Direct Growth has experienced a 5.8% growth in AUM moving from 7.17K Cr to 7.59K Cr

INDmoney Rank

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Pros

Beats FD returns for both 3Y & 5Y duration

Cons

3Y returns in the bottom 25% of the category

About the Fund

Franklin India Smaller Companies Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Janakiraman, Sandeep Manam, Akhil Kalluri. The fund could potentially beat inflation in the long-run.

Key parameters

1) Franklin India Smaller Companies Fund Direct Growth has a NAV of 119.1659 as on 01-06-2023.

2) Franklin India Smaller Companies Fund Direct Growth has 7593 Cr worth of assets under management (AUM) as on 30-04-2023 and is more than category average.

3) The fund has an expense ratio 0.84 %.

Franklin India Smaller Companies Fund Direct Growth Overview

Expense ratio
Expense ratio
0.84%
Benchmark
Benchmark
S&P BSE Smallcap TR INR
AUM
AUM
₹7593 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
15.5%

Fund Distribution as on (30-Apr-23)

  • Equity 92.7%

  • Debt & Cash 7.1%

Size breakup

Small cap
74.1%
Mid cap
11.8%
Large cap
6.2%

Sector Allocation

Apr'23

Mar'23

Feb'23

Industrial

28.6%

Financial Services

20.1%

Consumer Cyclical

14.6%

Basic Materials

9.9%

Consumer Defensive

6.6%

Health

6.1%

Real Estate

5.7%

Tech

4.6%

Communication

2.1%

Energy

1.8%

Top Holdings of Franklin India Smaller Companies Fund Direct Growth as on (31-May-23)

  • Equity

Equity Holdings75

Franklin India Smaller Companies Fund Direct Growth: Monthly Changes Updates

All changes are between Feb'23 and Apr'23

Fund Performance

Apr'23
Mar'23
Feb'23
Fund Returns
0.09%
0.09%
2.15%
Nifty Smallcap 250
-2.74%
-2.74%
-2.53%
  • This fund’s returns stands at 0.09% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -2.74% as on Apr'23
  • This fund outperformed Nifty Smallcap 250 by 2.83% in Apr'23

AUM Change

Parameters
Apr'23
Mar'23
Feb'23
AUM
₹ 7.6K Cr
₹ 7.3K Cr
₹ 7.3K Cr
  • AUM of the fund stands at 7.6K Cr as of Apr'23
  • AUM increased by 299.5 Cr between Apr'23 and Mar'23

Fund Portfolio Changes

Gainers & Losers in Franklin India Smaller Companies Fund Direct Growth portfolio as on (30-Apr-23)

Franklin India Smaller Companies Fund Direct Growth Fund Manager

R. Janakiraman

R. Janakiraman

Fund Manager of Franklin India Smaller Companies Fund Direct Growth, since 1 February 2011
Sandeep Manam

Sandeep Manam

Fund Manager of Franklin India Smaller Companies Fund Direct Growth, since 18 October 2021
Akhil Kalluri

Akhil Kalluri

Fund Manager of Franklin India Smaller Companies Fund Direct Growth, since 8 September 2022

Fund 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 20.43% since inception which is more than its category average return of 17.41%
Fund Allocations

Fund Allocations

This fund has an allocation of 92.73% in Equity, 0% in Debt and 7.05% in Cash related instruments
AUM size ₹7593 Cr

AUM size ₹7593 Cr

This fund has AUM of ₹7593 Cr which is more than its category average of ₹ 3967 Cr
Expense Ratio 0.84%

Expense Ratio 0.84%

This fund has an expense ratio of 0.84% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of Franklin India Smaller Companies Fund Direct Growth is ₹119.17 as on 01-Jun-2023.
Existing (Absolute + CAGR) as on 01-Jun-2023.
Franklin India Smaller Companies Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.98%
6.98%
6 Month Returns
10.34%
10.34%
1 Year Returns
30.07%
30.07%
3 Years Returns
200.91%
44.37%
5 Years Returns
89.97%
13.69%
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0.84% as on May 2023
₹7593 Cr as on May 2023
Equitas Small Finance Bank Ltd Ordinary Shares(4.44%), Brigade Enterprises Ltd(4.04%), Deepak Nitrite Ltd(3.45%), ICICI Bank Ltd(2.73%), J.B. Chemicals & Pharmaceuticals Ltd Shs Dematerialised(2.73%) as on May 2023
Industrial(25.86%), Financial Services(18.13%), Consumer Cyclical(13.69%) as on January 1
The alpha ratio for the Franklin India Smaller Companies Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Franklin India Smaller Companies Fund Direct Growth
14.25
9.09
2.85
As on May 2023
The alpha for Franklin India Smaller Companies Fund Direct Growth is calculated against S&P BSE Smallcap 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 Smaller Companies Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Franklin India Smaller Companies Fund Direct Growth
0.69
0.78
0.83
As on May 2023
The Beta for Franklin India Smaller Companies Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smaller Companies 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 Smaller Companies Fund Direct Growth
-
-
-
As on May 2023
The sharpe ratio for Franklin India Smaller Companies Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smaller Companies 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 Smaller Companies Fund Direct Growth
12.77
16.77
23.15
As on May 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.
Information ratio is 0.47 as on May 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
R. Janakiraman, Sandeep Manam, Akhil Kalluri are the fund managers of Franklin India Smaller Companies Fund Direct Growth
The Exit load of Franklin India Smaller Companies Fund Direct Growth is 1%