Franklin India Technology Fund Direct Growth
Equity
Direct
Sector - Technology
NAV: ₹ 322.5 as on 03-02-2023
Fund Performance
233 people have invested ₹ 15.8L in mutual fund in the last three months
Fund Insights
In the last 1 year, SBI Technology Opportunities Fund Direct Growth has given -0.93% return, outperforming this fund by 9.48%
In the last 3 years, ICICI Prudential Technology Fund Direct Plan Growth has given 33.73% return, outperforming this fund by 12.2% per annum
In the last 5 years, Tata Digital India Fund Direct Growth has given 24.11% return, outperforming this fund by 6.98% per annum
INDmoney Rank
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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
Fund Performance as on (19-Jan-23)
About the Fund
Franklin India Technology Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Anand Radhakrishnan, Varun Sharma, Sandeep Manam. The fund could potentially beat inflation in the long-run.
Key parameters
1) Franklin India Technology Fund Direct Growth has a NAV of ₹322.5092 as on 03-02-2023.
2) Franklin India Technology Fund Direct Growth has ₹679 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.
3) The fund has an expense ratio 1.45 %.
Fund Overview
Expense ratio | 1.45% |
Benchmark | S&P BSE IT |
AUM | ₹679 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 25.42% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
76.1%
Small cap
10.4%
Mid cap
8.8%
Sector Allocation
Tech
66.1%
Communication
15.2%
Consumer Cyclical
9.1%
Industrial
4.7%
Financial Services
3.5%
Basic Materials
0.8%
Real Estate
0.3%
Health
0.2%
Energy
0%
Consumer Defensive
0%
Top Holdings as on (31-Dec-22)
Equity Holdings43
Debt Holdings2
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
Infosys Ltd | 16.05% | 0% | |
Tata Consultancy Services Ltd | 13.43% | 0% | |
HCL Technologies Ltd | 9.62% | 0% | |
Bharti Airtel Ltd | 6.05% | -8.7% | |
Tech Mahindra Ltd | 4.26% | 0% |
See all
What changed
in last one month
AUM decreased by 36.2 Cr in last 1M
Dec'22 return underperformed benchmark
Change in AUM
Dec'22
₹ 679.1 Cr
Nov'22
₹ 715.4 Cr
Oct'22
₹ 681.6 Cr
Fund Returns vs Benchmark
Jan'23
4.37%
5.37%
Dec'22
5.46%
2.63%
Nov'22
4.37%
5.37%
Fund Return
Benchmark Return
Concentration Analysis as on (31-Dec-22)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
One 97 Communications Ltd | 6% |
Team Lease Services Ltd | 0.5% |
Top Losers | 1M Return |
|---|---|
Infosys Ltd | -9% |
HCL Technologies Ltd | -8.5% |
Tata Consultancy Services Ltd | -6.3% |
Peer Analysis
Fund Manager
Anand Radhakrishnan
Fund Manager of Franklin India Technology Fund Direct Growth, since 3 March 2007
Top funds managed
Varun Sharma
Fund Manager of Franklin India Technology Fund Direct Growth, since 30 November 2015
Top funds managed
Sandeep Manam
Fund Manager of Franklin India Technology Fund Direct Growth, since 18 October 2021
Top funds managed
AMC details
Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Total Schemes
Total AUM
₹68.33K Cr
as on 31-Dec-2022
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
Email
service@templeton.com
Fund 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 17.9% since inception which is less than its category average return of 93.29%
Fund Allocations
This fund has an allocation of 96.06% in Equity, 0.01% in Debt and 3.68% in Cash related instruments
AUM size ₹679 Cr
This fund has AUM of ₹679 Cr which is less than its category average of ₹ 3531 Cr
Expense Ratio 1.45%
This fund has an expense ratio of 1.45% which is more than its category average expense ratio of 1.24%
Frequently Asked Questions
The current NAV of Franklin India Technology Fund Direct Growth is 317.83 as on 01-Feb-2023.
Existing (Absolute + CAGR)
Franklin India Technology Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.59% | 4.59% |
6 Month Returns | 2.79% | 2.79% |
1 Year Returns | -10.8% | -10.8% |
3 Years Returns | 74.4% | 20.37% |
5 Years Returns | 113.06% | 16.33% |
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1.45 as on January 2023
679 Cr as on January 2023
Infosys Ltd(16.05%),Tata Consultancy Services Ltd(13.43%),HCL Technologies Ltd(9.62%),Bharti Airtel Ltd(6.05%),Tech Mahindra Ltd(4.26%) as on January 2023
Tech(63.53%),Communication(14.61%),Consumer Cyclical(8.76%) as on January 2023
The alpha ratio for the Franklin India Technology Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Technology Fund Direct Growth | -3.99 | 0.24 | 0.67 |
As on January 2023
The alpha for Franklin India Technology Fund Direct Growth is calculated against S&P BSE IT. 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 Technology Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Technology Fund Direct Growth | 0.8 | 0.9 | 0.9 |
As on January 2023
The Beta for Franklin India Technology Fund Direct Growth is calculated with S&P BSE IT. 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 Technology 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 Technology Fund Direct Growth | -1.5 | 0.76 | 0.68 |
As on January 2023
The sharpe ratio for Franklin India Technology Fund Direct Growth is calculated with S&P BSE IT. 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 Technology 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 Technology Fund Direct Growth | 18.28 | 21.96 | 18.77 |
As on January 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.
Sortino ratio is 1.23 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Anand Radhakrishnan,Varun Sharma,Sandeep Manam are the fund managers of Franklin India Technology Fund Direct Growth
The Exit load of Franklin India Technology Fund Direct Growth is 1%
Mutual Fund execution provided by
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.