Franklin India NSE Nifty 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 187.55 as on 17-05-2024
About the Fund
Franklin India NSE Nifty 50 Index Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Franklin India NSE Nifty 50 Index Fund Direct Growth has ₹659 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Fund Performance
318 people have invested ₹ 31.2L in Franklin India NSE Nifty 50 Index Fund Direct Growth in the last three months
Overview
 | 0.25% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹659 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 2.55% |
Franklin India NSE Nifty 50 Index Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
98.8%
Mid cap
0.7%
Sector Allocation
Financial Services
34.3%
Energy
13.5%
Tech
12.3%
Consumer Cyclical
9.3%
Consumer Defensive
8%
Basic Materials
6.5%
Industrial
5.3%
Health
4.2%
Communication
3.4%
Utilities
3.1%
Top Holdings of Franklin India NSE Nifty 50 Index Fund Direct Growth as on (30-Apr-24)
Equity Holdings50
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 11.5% |
 ICICI Bank Ltd | 7.1% |
Top Losers | 1M Return |
|---|---|
 Kotak Mahindra Bank Ltd | -5.1% |
 Larsen & Toubro Ltd | -2.8% |
 Infosys Ltd | 1.8% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 1.21% whereas the fund’s underlying benchmark Nifty 50 returns stands at 0.64% as on Apr'24
- This fund outperformed Nifty 50 by 0.57% in Apr'24
AUM Change
- AUM of the fund stands at 658.5 Cr as of Apr'24
- AUM increased by 8.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.25% which is lower than the category average expense ratio of 0.33%.
In the last 3 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 20.07% return, outperforming this fund by 4.53% per annum.
In the last 1 year, Motilal Oswal S&P BSE Enhanced Value Index Fund Direct Growth has given 94.62% return, outperforming this fund by 70.27%.
In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 18.76% return, outperforming this fund by 3.51% per annum.
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
Peer Analysis
Franklin India NSE Nifty 50 Index Fund Direct Growth 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 12.97% since inception which is less than its category average return of 19.71%
Fund Allocations
This fund has an allocation of 99.47% in Equity, 0% in Debt and 0.53% in Cash related instruments
AUM size ₹659 Cr
This fund has AUM of ₹659 Cr which is less than its category average of ₹ 723 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions
The current NAV of Franklin India NSE Nifty 50 Index Fund Direct Growth is ₹187.55 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Franklin India NSE Nifty 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.59% | 1.59% |
6 Month Returns | 14.05% | 14.05% |
1 Year Returns | 24.35% | 24.35% |
3 Years Returns | 54.25% | 15.54% |
5 Years Returns | 103.31% | 15.25% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.25% as on April 2024
₹659 Cr as on April 2024
HDFC Bank Ltd(11.45%), Reliance Industries Ltd(9.94%), ICICI Bank Ltd(8.06%), Infosys Ltd(5.08%), Larsen & Toubro Ltd(4.25%) as on April 2024
Financial Services(34.15%), Energy(13.44%), Tech(12.25%) as on April 2024
The alpha ratio for the Franklin India NSE Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India NSE Nifty 50 Index Fund Direct Growth | -0.15 | -0.31 | -0.47 |
As on April 2024
The alpha for Franklin India NSE Nifty 50 Index Fund Direct Growth is calculated against IISL Nifty 50 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 NSE Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India NSE Nifty 50 Index Fund Direct Growth | 0.98 | 0.99 | 0.99 |
As on April 2024
The Beta for Franklin India NSE Nifty 50 Index Fund Direct Growth is calculated with IISL Nifty 50 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 NSE Nifty 50 Index 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 NSE Nifty 50 Index Fund Direct Growth | 1.66 | 0.84 | 0.57 |
As on April 2024
The sharpe ratio for Franklin India NSE Nifty 50 Index Fund Direct Growth is calculated with IISL Nifty 50 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 NSE Nifty 50 Index 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 NSE Nifty 50 Index Fund Direct Growth | 10.2 | 12.72 | 18.32 |
As on April 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 1.59 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Franklin India NSE Nifty 50 Index Fund Direct Growth is 0%