Franklin India Taxshield Direct Growth
Franklin India Taxshield Direct Growth

Franklin India Taxshield Direct Growth

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Equity
Direct
Elss (Tax Savings)

NAV: ₹ 1028.7 as on 08-12-2022

Fund Performance
zero opening, trading, fund transfer fee
758 people have invested ₹ 83.9L in mutual fund in the last three months

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.

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
2.8%
5.5%
18.5%
8.9%
19.7%
12.4%
Benchmark
2.7%
14.2%
5.2%
17.9%
11.5%
11.8%
Category
-1.8%
2.4%
13.4%
13%
8.5%
7.5%
About the Fund

Franklin India Taxshield Direct Growth is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Anand Radhakrishnan, R. Janakiraman. The fund could potentially beat inflation in the long-run.

Key parameters

1) Franklin India Taxshield Direct Growth has a NAV of 1028.6514 as on 08-12-2022.

2) Franklin India Taxshield Direct Growth has 5004 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 1.08 %.

Fund Overview

Expense ratio
Expense ratio
1.08%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹5004 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
28.44%

Fund Distribution

  • Equity 95.5%
  • Debt & Cash 4.5%
Size breakup
Large cap
76.3%
Mid cap
11.5%
Small cap
7.7%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

34.6%

Tech

11.3%

Consumer Cyclical

10.8%

Industrial

10.1%

Consumer Defensive

8.5%

Basic Materials

7.3%

Utilities

5.6%

Communication

5.6%

Energy

3.2%

Health

3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings55
Equity Holdings54
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 254.4 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 5K Cr
Sep'22
₹ 4.7K Cr
Aug'22
₹ 4.9K Cr

Fund Returns vs Benchmark

Oct'22
5.82%
5.37%
Sep'22
-1.64%
-2.51%
Aug'22
4.90%
3.22%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
55
55
54
Top 5 Company Concentration
35%
33.8%
33.9%
Company having highest exposure
ICICI Bank Ltd (8.5%)
ICICI Bank Ltd (8.5%)
ICICI Bank Ltd (8.6%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
71.9%
70.6%
70.4%
Sector having highest exposure
Financial Services (33.1%)
Financial Services (31.7%)
Financial Services (31.9%)

Fund Manager

Anand Radhakrishnan

Anand Radhakrishnan

Managing this fund since 18 October 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Franklin India Flexi Cap Fund Direct Growth
22.3%
17.7%
Franklin India Bluechip Fund Direct Growth
16.35%
16.49%
Franklin India Focused Equity Fund Direct Growth
21.32%
17.51%
R. Janakiraman

R. Janakiraman

Managing this fund since 2 May 2016

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Franklin India Flexi Cap Fund Direct Growth
22.3%
17.7%
Franklin India Prima Fund Direct Growth
19.15%
24.32%
Franklin India Smaller Companies Fund Direct Growth
27.16%
32.74%

AMC details

Address
Franklin Templeton Asset Management (India) Private Limited,Indiabulls Finance Centre; Tower 2, 12th and 13th Floor,Senapati Bapat Marg;,Elphinstone Road (W)
Phone
+912267519100
Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd

Fund Highlights

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 15.65% since inception which is more than its category average return of 13.76%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.46% in Equity, 0% in Debt and 4.54% in Cash related instruments
AUM size ₹5004 Cr

AUM size ₹5004 Cr

This fund has AUM of ₹5004 Cr which is more than its category average of ₹ 2710 Cr
Expense Ratio 1.08%

Expense Ratio 1.08%

This fund has an expense ratio of 1.08% which is less than its category average expense ratio of 1.59%

Frequently Asked Questions

The current NAV of Franklin India Taxshield Direct Growth is 1030.52.
Existing (Absolute + CAGR)
Franklin India Taxshield Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.18%
3.18%
6 Month Returns
15.8%
15.8%
1 Year Returns
10.05%
10.05%
3 Years Returns
69.34%
19.19%
5 Years Returns
82.5%
12.79%
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1.08 as on November 2022
5004 Cr as on November 2022
ICICI Bank Ltd(8.54%),HDFC Bank Ltd(7.78%),Axis Bank Ltd(7.24%),Infosys Ltd(6.15%),Bharti Airtel Ltd(5.32%) as on November 2022
Financial Services(33.05%),Tech(10.79%),Consumer Cyclical(10.32%) as on November 2022
The alpha ratio for the Franklin India Taxshield Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Franklin India Taxshield Direct Growth
1.94
0.03
-0.34
As on month end.
The alpha for Franklin India Taxshield Direct Growth is calculated against S&P BSE 200 India 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 Taxshield Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Franklin India Taxshield Direct Growth
0.93
1.03
1
As on month end.
The Beta for Franklin India Taxshield Direct Growth is calculated with S&P BSE 200 India 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 Taxshield Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Franklin India Taxshield Direct Growth
0.51
0.68
0.44
As on month end.
The sharpe ratio for Franklin India Taxshield Direct Growth is calculated with S&P BSE 200 India 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 Taxshield Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Franklin India Taxshield Direct Growth
15.3
23.98
20.31
As on month end.
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.
0.95
0.02
Anand Radhakrishnan,R. Janakiraman are the fund managers of Franklin India Taxshield Direct Growth
The Exit load of Franklin India Taxshield Direct Growth is 0%

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Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.