Franklin India Equity Savings Fund Direct Growth

Hybrid
Equity Savings
Low to Moderate Risk
10.47%
3Y annualised
+0.10% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Dec 2023₹15.45
Min. SIP amount₹500
Rating3
Fund size₹264.03Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.0%10.5%9.2%8.6%
Category average9.6%9.5%8.4%NA
Rank with in category191111NA
Understand terms

Holdings (63)

NameSectorInstrumentAssets
FinancialT-Bills7.4%
FinancialEquity6.8%
FinancialEquity6.1%
AutomobileEquity4.3%
FinancialEquity3.8%
SovereignGOI Sec3.8%
HealthcareEquity3.5%
Consumer StaplesEquity2.9%
AutomobileEquity2.9%
TechnologyEquity2.6%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Cons

Exit load is zero
1Y annualised returns lower than category average by 1.61%
Lower expense ratio: 0.49%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
3Y and 5Y annualised returns higher than category average

Expense ratio, exit load and tax

Expense ratio: 0.49%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Umesh Sharma
Aug 2018 - Present
View details

Education
Mr. Sharma is a B.Com (H), CS and CA.
Experience
Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
Also manages these schemes

Varun Sharma
Sep 2023 - Present
View details

Education
Mr. Sharma is a Bachelor in Business Studies from Sukhdev College of Business Studies, University of Delhi and holds a Post Graduate Diploma in Management from IIM - Calcutta.
Experience
Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd. he has worked with ICICI Securities (Feb 2010 - August 2014) as an Equity research Analyst and Credit Analysis and Research Limited (Apr 2009 - Feb 2010) as a Ratings Analyst.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Indiabulls Finance Center, Tower 2,12th and 13th Floor, Senapati Bapat Marg,Elphinstone Road (West) Mumbai 400013
Phone
1800-425-4255 / 60004255
Launch Date
19 Feb 1996
Franklin Templeton Mutual Fund
Asset Management Company
Custodian
Hongkong & Shanghai Banking Corporation
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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