Franklin India Prima Fund Direct Growth
Equity
Direct
Mid-Cap
NAV: ₹ 2571.57 as on 03-05-2024
About the Fund
Franklin India Prima 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.
Key Parameters
- Franklin India Prima Fund Direct Growth has ₹10108 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.
Fund Performance
1204 people have invested ₹ 1.9Cr in Franklin India Prima Fund Direct Growth in the last three months
Overview
 | 1.03% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹10108 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 26.03% |
Franklin India Prima Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Mid cap
68.8%
Large cap
17.6%
Small cap
10.9%
Sector Allocation
Financial Services
22%
Consumer Cyclical
18.2%
Industrial
16.7%
Basic Materials
13.5%
Health
8.8%
Tech
7.2%
Real Estate
5.3%
Consumer Defensive
4%
Utilities
3.5%
Energy
0.7%
Top Holdings of Franklin India Prima Fund Direct Growth as on (30-Apr-24)
Equity Holdings71
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 The Federal Bank Ltd | 3.48% | 0% | |
 Bharat Electronics Ltd | 2.71% | 0% | |
 Trent Ltd | 2.7% | -1.9% | |
 REC Ltd | 2.57% | 0% | |
 Cummins India Ltd | 2.36% | 0% |
See all
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
Voltas Ltd | 22.5% |
 Trent Ltd | 13% |
 Hindustan Aeronautics Ltd | 10.7% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.45% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 0.71% in Mar'24
AUM Change
- AUM of the fund stands at 10.1K Cr as of Mar'24
- AUM decreased by 72.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 73.52% return, outperforming this fund by 22.03%.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 35.4% return, outperforming this fund by 14.73% per annum.
In the last 3 years, Quant Mid Cap Fund Growth Option Direct Plan has given 38.33% return, outperforming this fund by 14.75% per annum.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 1.03% which is lower than the category average expense ratio of 1.17%.
INDmoney Rank
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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
Peer Analysis
Fund Manager
R. Janakiraman
Fund Manager of Franklin India Prima Fund Direct Growth, since 1 February 2011
Top funds managed
Franklin India Prima 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 19.76% since inception which is more than its category average return of 19.32%
Fund Allocations
This fund has an allocation of 97.34% in Equity, 0% in Debt and 2.66% in Cash related instruments
AUM size ₹10108 Cr
This fund has AUM of ₹10108 Cr which is more than its category average of ₹ 7349 Cr
Expense Ratio 1.03%
This fund has an expense ratio of 1.03% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Franklin India Prima Fund Direct Growth is ₹2571.57 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
Franklin India Prima Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.42% | 3.42% |
6 Month Returns | 27.17% | 27.17% |
1 Year Returns | 51.48% | 51.48% |
3 Years Returns | 88.71% | 23.58% |
5 Years Returns | 155.85% | 20.67% |
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1.03% as on April 2024
₹10108 Cr as on April 2024
The Federal Bank Ltd(3.48%), Bharat Electronics Ltd(2.71%), Trent Ltd(2.7%), REC Ltd(2.57%), Cummins India Ltd(2.36%) as on April 2024
Financial Services(21.43%), Consumer Cyclical(17.73%), Industrial(16.28%) as on April 2024
The alpha ratio for the Franklin India Prima Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Prima Fund Direct Growth | 0.95 | -2.04 | -2.88 |
As on April 2024
The alpha for Franklin India Prima Fund Direct Growth is calculated against S&P BSE Midcap 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 Prima Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Prima Fund Direct Growth | 0.86 | 0.9 | 0.91 |
As on April 2024
The Beta for Franklin India Prima Fund Direct Growth is calculated with S&P BSE Midcap 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 Prima 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 Prima Fund Direct Growth | 3.09 | 1.21 | 0.77 |
As on April 2024
The sharpe ratio for Franklin India Prima Fund Direct Growth is calculated with S&P BSE Midcap 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 Prima 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 Prima Fund Direct Growth | 11.77 | 13.91 | 20.4 |
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 2.43 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
R. Janakiraman is the fund manager of Franklin India Prima Fund Direct Growth
The Exit load of Franklin India Prima Fund Direct Growth is 1%