Equity
Direct
Sector - Technology
NAV as on 02-12-2024
₹ 598.74
▲0.6%
1D
Inception Returns
21%
/yr
Franklin India Technology 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.
Franklin India Technology Fund Direct Growth has given a CAGR return of 21.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 39.89%, 16.71% and 28.60% respectively.
Franklin India Technology Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Industrial, Financial Services, Corporate, Health. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, Bharti Airtel Ltd, Zomato Ltd, HCL Technologies Ltd
As it is a sector - technology mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
To provide long-term capital appreciation by predominantly investing in equity and equity related securities of technology and technology related companies.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Technology Fund Direct Growth has no lock in period.
Expense ratio | 1.03% |
Benchmark | S&P BSE IT |
AUM | ₹1845 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 43.71% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (02-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Tech, Communication & Industrial
Franklin India Technology Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.5% | 2.5% |
6 Month Returns | 20.39% | 20.39% |
1 Year Returns | 39.89% | 39.89% |
3 Years Returns | 58.99% | 16.71% |
5 Years Returns | 251.68% | 28.6% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Technology Fund Direct Growth | 7.2 | 6.54 | 6.23 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Technology Fund Direct Growth | 0.76 | 0.84 | 0.88 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Franklin India Technology Fund Direct Growth | 1.62 | 0.63 | 1.13 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Franklin India Technology Fund Direct Growth | 15.79 | 17.98 | 19.51 |