Franklin India Smaller Companies Fund Direct Growth
Equity
Direct
Small-Cap
NAV: ₹ 173.57 as on 18-04-2024
Fund Performance
4782 people have invested ₹ 4.4Cr in Franklin India Smaller Companies Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 75.44% return, outperforming this fund by 16.56%.
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 37.77% return, outperforming this fund by 13.77% per annum.
Over the last 1 month, this fund has experienced a 2.4% drop in AUM moving from 11.82K Cr to 11.53K Cr.
In the last 3 years, Quant Small Cap Fund Growth Option Direct Plan has given 41.33% return, outperforming this fund by 7.38% per annum.
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.92% which is lower than the category average expense ratio of 1.18%.
INDmoney Rank of Franklin India Smaller Companies Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Pros
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the Franklin India Smaller Companies Fund Direct Growth
Franklin India Smaller Companies 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 Smaller Companies Fund Direct Growth has ₹11540 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Franklin India Smaller Companies Fund Direct Growth Overview
 | 0.92% |
 Benchmark | S&P BSE Smallcap TR INR |
 | ₹11540 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 14.47% |
Franklin India Smaller Companies Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Small cap
75.4%
Mid cap
10.8%
Large cap
6.1%
Sector Allocation
Industrial
28.8%
Financial Services
21.2%
Consumer Cyclical
14.2%
Health
8.1%
Tech
7.2%
Basic Materials
6.8%
Real Estate
6%
Consumer Defensive
4.5%
Utilities
1.2%
Energy
1.1%
Communication
0.9%
Top Holdings of Franklin India Smaller Companies Fund Direct Growth as on (31-Mar-24)
Equity Holdings87
Debt Holdings1
Franklin India Smaller Companies Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -2.06% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -4.85% as on Mar'24
- This fund outperformed Nifty Smallcap 250 by 2.79% in Mar'24
AUM Change
- AUM of the fund stands at 11.5K Cr as of Mar'24
- AUM decreased by 283 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Franklin India Smaller Companies Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Carborundum Universal Ltd | 17.8% |
 Zensar Technologies Ltd | 15.9% |
Kalyan Jewellers India Ltd | 9.7% |
Peer Analysis
Franklin India Smaller Companies Fund Direct Growth Fund Manager
R. Janakiraman
Fund Manager of Franklin India Smaller Companies Fund Direct Growth, since 1 February 2011
Top funds managed
Franklin India Smaller Companies 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 22.71% since inception which is more than its category average return of 19.64%
Fund Allocations
This fund has an allocation of 93.84% in Equity, 0% in Debt and 6% in Cash related instruments
AUM size ₹11540 Cr
This fund has AUM of ₹11540 Cr which is more than its category average of ₹ 6329 Cr
Expense Ratio 0.92%
This fund has an expense ratio of 0.92% which is less than its category average expense ratio of 1.23%
Frequently Asked Questions
The current NAV of Franklin India Smaller Companies Fund Direct Growth is ₹173.57 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Franklin India Smaller Companies Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.7% | 8.7% |
6 Month Returns | 19.77% | 19.77% |
1 Year Returns | 58.88% | 58.88% |
3 Years Returns | 140.31% | 33.94% |
5 Years Returns | 193.22% | 24% |
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.
0.92% as on March 2024
₹11540 Cr as on March 2024
Equitas Small Finance Bank Ltd Ordinary Shares(3.85%), Brigade Enterprises Ltd(3.78%), Kalyan Jewellers India Ltd(3.25%), Multi Commodity Exchange of India Ltd(2.59%), Deepak Nitrite Ltd(2.56%) as on March 2024
Industrial(26.99%), Financial Services(19.9%), Consumer Cyclical(13.36%) as on March 2024
The alpha ratio for the Franklin India Smaller Companies Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Smaller Companies Fund Direct Growth | 3.51 | 7.14 | 2.21 |
As on March 2024
The alpha for Franklin India Smaller Companies Fund Direct Growth is calculated against S&P BSE Smallcap 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 Smaller Companies Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Smaller Companies Fund Direct Growth | 0.77 | 0.73 | 0.85 |
As on March 2024
The Beta for Franklin India Smaller Companies Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smaller Companies 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 Smaller Companies Fund Direct Growth | 3.03 | 1.62 | 0.81 |
As on March 2024
The sharpe ratio for Franklin India Smaller Companies Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smaller Companies 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 Smaller Companies Fund Direct Growth | 12.51 | 14.14 | 22.55 |
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 3.37 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.35 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
R. Janakiraman is the fund manager of Franklin India Smaller Companies Fund Direct Growth
The Exit load of Franklin India Smaller Companies Fund Direct Growth is 1%