Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 72.04 as on 23-04-2024
Fund Performance
41 people have invested ₹ 2L in Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl in the last three months
About the Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl
Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Janakiraman, Anand Radhakrishnan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl has ₹6180 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.1.
Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl Overview
 | 1.13% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹6180 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 20.34% |
Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
78%
Mid cap
11.4%
Small cap
8.6%
Sector Allocation
Financial Services
27%
Industrial
15.7%
Consumer Cyclical
13.4%
Tech
10.5%
Consumer Defensive
7.5%
Basic Materials
6.1%
Communication
5.5%
Utilities
5.4%
Energy
4.6%
Health
4.4%
Top Holdings of Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings49
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.14% | 0% | |
 HDFC Bank Ltd | 6.33% | 0% | |
 Larsen & Toubro Ltd | 5.88% | 0% | |
 Bharti Airtel Ltd | 5.37% | 0% | |
 Infosys Ltd | 5.05% | 0% |
See all
Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.68% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.15% in Mar'24
AUM Change
- AUM of the fund stands at 6.2K Cr as of Mar'24
- AUM increased by 35.6 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 29.2% |
 Bharti Airtel Ltd | 4.9% |
 Larsen & Toubro Ltd | 4% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 HCL Technologies Ltd | -6.7% |
 Axis Bank Ltd | -0.6% |
Peer Analysis
Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl Fund Manager
R. Janakiraman
Fund Manager of Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl, since 2 May 2016
Top funds managed
Anand Radhakrishnan
Fund Manager of Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl, since 18 October 2021
Top funds managed
Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl 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 16.07% since inception which is more than its category average return of 15.65%
Fund Allocations
This fund has an allocation of 98.25% in Equity, 0% in Debt and 1.75% in Cash related instruments
AUM size ₹6180 Cr
This fund has AUM of ₹6180 Cr which is more than its category average of ₹ 3525 Cr
Expense Ratio 1.13%
This fund has an expense ratio of 1.13% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl is ₹72.04 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 3.34% | 3.34% |
6 Month Returns | 16.32% | 16.32% |
1 Year Returns | 38.6% | 38.6% |
3 Years Returns | 80.33% | 21.72% |
5 Years Returns | 118.72% | 16.94% |
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1.13% as on March 2024
₹6180 Cr as on March 2024
ICICI Bank Ltd(8.14%), HDFC Bank Ltd(6.33%), Larsen & Toubro Ltd(5.88%), Bharti Airtel Ltd(5.37%), Infosys Ltd(5.05%) as on March 2024
Financial Services(26.5%), Industrial(15.45%), Consumer Cyclical(13.12%) as on March 2024
The alpha ratio for the Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl | -0.77 | 1.3 | -0.41 |
As on March 2024
The alpha for Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl 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 ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl | 0.94 | 0.93 | 0.98 |
As on March 2024
The Beta for Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl 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 ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl | 2.15 | 1.04 | 0.6 |
As on March 2024
The sharpe ratio for Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl 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 ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl | 11.97 | 13.23 | 20.01 |
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 1.9 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.09 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
R. Janakiraman, Anand Radhakrishnan are the fund managers of Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl
The Exit load of Franklin India ELSS Tax Saver Fund Direct Payout of Inc Dist cum Cap Wdrl is 0%