Franklin Asian Equity Fund Direct Growth
Equity
Direct
Global - Other
NAV as on 03-01-2025
₹ 31.25
1D
Inception Returns
7.5%
/yr
About Franklin Asian Equity Fund Direct Growth
Franklin Asian Equity 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 Asian Equity Fund Direct Growth has ₹245 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.7.
Returns
Franklin Asian Equity Fund Direct Growth has given a CAGR return of 7.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 17.99%, 0.35% and 3.61% respectively.
Holdings
Franklin Asian Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Consumer Cyclical, Industrial, Consumer Defensive, Communication, Health, Real Estate, Basic Materials. Its top holdings are Taiwan Semiconductor Manufacturing Co Ltd, ICICI Bank Ltd, Tencent Holdings Ltd, HDFC Bank Ltd, Zomato Ltd
Taxation
As it is a global - other 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.
Investment objective of Franklin Asian Equity Fund Direct Growth
FAEF is an open-end diversified equity fund that seeks to provide medium to long term appreciation through investments primarily in Asian Companies / sectors (excluding Japan) with long term potential across market capitalisation.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin Asian Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
176 people have invested ₹ 4.9L in Franklin Asian Equity Fund Direct Growth in the last three months
INDmoney Rank for Franklin Asian Equity Fund Direct Growth
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IND ranking is not available for this fund.
Hold on while we find any good points for this fund.
3Y returns in the bottom 25% of the category
Underperforms FD returns for both 3Y & 5Y period
Franklin Asian Equity Fund Direct Growth Overview
| Expense ratio | 1.67% |
Benchmark | MSCI Asia ex-Japan Standard TR INR |
| AUM | ₹245 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 100.26% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (03-Jan-25)
Fund Distribution
as on (30-Nov-24)
Large cap
29.5%
Mid cap
8.6%
Small cap
1%
Sector Allocation
Tech
24%
Financial Services
23.2%
Consumer Cyclical
22.4%
Industrial
8.7%
Consumer Defensive
8%
Communication
5%
Health
4.3%
Real Estate
3.3%
Basic Materials
1.1%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Taiwan Semiconductor Manufacturing Co Ltd | 12.86% | 0% | |
 ICICI Bank Ltd | 5.5% | -4.8% | |
Tencent Holdings Ltd | 4.91% | 0% | |
 HDFC Bank Ltd | 3.82% | -2.8% | |
 Zomato Ltd | 3.38% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 United Spirits Ltd | 10.3% |
 Indian Hotels Co Ltd | 7.6% |
 Oberoi Realty Ltd | 4.2% |
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Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Total Schemes
Total AUM
₹1.13L Cr
as on 29-Nov-2024
Address
One International Centre, Tower 2, 12th and 13th Floor,Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
+912267519100
Website
service@templeton.com
Mutual Fund Insights
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 27.85% return, outperforming this fund by 24.24% per annum.
In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 36.08% return, outperforming this fund by 35.72% per annum.
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 99.11% return, outperforming this fund by 81.13%.
This fund expense ratio is slightly on the higher side within the category (global - other). Its expense ratio is 1.67% which is higher than the category average expense ratio of 1.05%.
Franklin Asian Equity 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 7.47% since inception which is less than its category average return of 8.7%
Fund Allocations
This fund has an allocation of 98.1% in Equity, 0% in Debt and 1.9% in Cash related instruments
AUM size ₹245 Cr
This fund has AUM of ₹245 Cr which is less than its category average of ₹ 542 Cr
Expense Ratio 1.67%
This fund has an expense ratio of 1.67% which is more than its category average expense ratio of 1.43%
Frequently Asked Questions for Franklin Asian Equity Fund Direct Growth
The current NAV of Franklin Asian Equity Fund Direct Growth is ₹31.25 as on 03-Jan-2025.
Existing (Absolute + CAGR) as on 03-Jan-2025.
Franklin Asian Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.19% | 0.19% |
6 Month Returns | 3.57% | 3.57% |
1 Year Returns | 17.99% | 17.99% |
3 Years Returns | 1.06% | 0.35% |
5 Years Returns | 19.39% | 3.61% |
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.
1.67% as on December 2024
₹245 Cr as on December 2024
Taiwan Semiconductor Manufacturing Co Ltd(12.86%), ICICI Bank Ltd(5.5%), Tencent Holdings Ltd(4.91%), HDFC Bank Ltd(3.82%), Zomato Ltd(3.38%) as on December 2024
Tech(23.54%), Financial Services(22.72%), Consumer Cyclical(21.97%) as on December 2024
The alpha ratio for the Franklin Asian Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin Asian Equity Fund Direct Growth | - | - | - |
As on December 2024
The alpha for Franklin Asian Equity Fund Direct Growth is calculated against MSCI Asia ex-Japan Standard 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 Asian Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin Asian Equity Fund Direct Growth | - | - | - |
As on December 2024
The Beta for Franklin Asian Equity Fund Direct Growth is calculated with MSCI Asia ex-Japan Standard 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 Asian Equity Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Franklin Asian Equity Fund Direct Growth | 0.61 | -0.24 | 0.01 |
As on December 2024
The sharpe ratio for Franklin Asian Equity Fund Direct Growth is calculated with MSCI Asia ex-Japan Standard 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 Asian Equity Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Franklin Asian Equity Fund Direct Growth | 13.98 | 17.91 | 18.01 |
As on December 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.
The Exit load of Franklin Asian Equity Fund Direct Growth is 1%