Franklin India Bluechip Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 19-11-2024
₹ 1073.04
▲0.4%
1D
Inception Returns
13.5%
/yr
About Franklin India Bluechip Fund Direct Growth
Franklin India Bluechip Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Janakiraman, Anand Radhakrishnan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Franklin India Bluechip Fund Direct Growth has ₹7789 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 1.1.
Returns
Franklin India Bluechip Fund Direct Growth has given a CAGR return of 13.50% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.54%, 11.11% and 16.77% respectively.
Holdings
Franklin India Bluechip Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Health, Industrial, Basic Materials, Consumer Defensive, Energy, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, Axis Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Mahindra & Mahindra Ltd
Taxation
As it is a large-cap 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 India Bluechip Fund Direct Growth
The investment objective of the scheme is to generate long-term capital appreciation by actively managing a portfolio of equity and equity related securities. The Scheme will invest in a range of companies, with a bias towards large cap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Bluechip Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
961 people have invested ₹ 83.8L in Franklin India Bluechip Fund Direct Growth in the last three months
INDmoney Rank for Franklin India Bluechip Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
3Y returns in the bottom 25% of the category
Franklin India Bluechip Fund Direct Growth Overview
| Expense ratio | 1.1% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹7789 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 54.58% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
82.7%
Mid cap
11.9%
Small cap
1.4%
Sector Allocation
Financial Services
32.6%
Consumer Cyclical
17%
Tech
12.8%
Health
9.4%
Industrial
6%
Basic Materials
5.5%
Consumer Defensive
5.4%
Energy
5.3%
Utilities
4%
Real Estate
2%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.50% whereas the fund’s underlying benchmark Nifty 100 returns stands at -6.79% as on Oct'24
- This fund outperformed Nifty 100 by 0.29% in Oct'24
- AUM of the fund stands at 7.8K Cr as of Oct'24
- AUM decreased by 585.9 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Kotak Mahindra Bank Ltd's allocation increased from 2.03% to 3.36%
Reliance Industries Ltd's allocation increased from 3.8% to 5.1%
Torrent Pharmaceuticals Ltd's allocation increased from 0.96% to 1.79%
Top Stocks sold last month
HCL Technologies Ltd's allocation decreased from 4.4 % to 4.01 %
Tata Power Co Ltd's allocation decreased from 2.21 % to 2.16 %
Godrej Consumer Products Ltd's allocation decreased from 3.33 % to 2.06 %
Mid Cap allocation has gone down from 12.5% to 11.9%
Large Cap allocation has gone up from 81.1% to 82.7%
Small Cap allocation has gone down from 2.4% to 1.4%
Cash allocation has gone down from 3.9% to 2.9%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Tech
Oct'24
Financial Services
33%
Consumer Cyclical
17%
Tech
13%
Sep'24
Financial Services
33%
Consumer Cyclical
17%
Tech
11%
See all
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R. Janakiraman
Fund Manager of Franklin India Bluechip Fund Direct Growth, since 18 October 2021
Top funds managed
Anand Radhakrishnan
Fund Manager of Franklin India Bluechip Fund Direct Growth, since 1 February 2011
Top funds managed
Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Total Schemes
Total AUM
₹1.17L Cr
as on 31-Oct-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 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 19.46% return, outperforming this fund by 8.36% per annum.
This fund expense ratio is slightly on the higher side within the category (large-cap). Its expense ratio is 1.1% which is higher than the category average expense ratio of 0.76%.
Over the last 1 month, this fund has experienced a 7.0% drop in AUM moving from 8.37K Cr to 7.78K Cr.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.27% return, outperforming this fund by 3.5% per annum.
In the last 1 year, DSP Top 100 Equity Fund Direct Plan Growth has given 32.14% return, outperforming this fund by 5.6%.
Franklin India Bluechip 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 13.5% since inception which is more than its category average return of 13.22%
Fund Allocations
This fund has an allocation of 97.05% in Equity, 0% in Debt and 2.95% in Cash related instruments
AUM size ₹7789 Cr
This fund has AUM of ₹7789 Cr which is more than its category average of ₹ 6986 Cr
Expense Ratio 1.1%
This fund has an expense ratio of 1.1% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions for Franklin India Bluechip Fund Direct Growth
The current NAV of Franklin India Bluechip Fund Direct Growth is ₹1073.04 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Franklin India Bluechip Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.79% | -4.79% |
6 Month Returns | 9.06% | 9.06% |
1 Year Returns | 26.54% | 26.54% |
3 Years Returns | 37.16% | 11.11% |
5 Years Returns | 117.09% | 16.77% |
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1.1% as on October 2024
₹7789 Cr as on October 2024
ICICI Bank Ltd(7.58%), Axis Bank Ltd(7.52%), HDFC Bank Ltd(6.84%), Reliance Industries Ltd(5.1%), Mahindra & Mahindra Ltd(4.77%) as on October 2024
Financial Services(31.62%), Consumer Cyclical(16.52%), Tech(12.44%) as on October 2024
The alpha ratio for the Franklin India Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Bluechip Fund Direct Growth | 0.77 | -0.57 | 0.86 |
As on October 2024
The alpha for Franklin India Bluechip Fund Direct Growth is calculated against S&P BSE 100 India 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 Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Bluechip Fund Direct Growth | 0.96 | 0.89 | 0.96 |
As on October 2024
The Beta for Franklin India Bluechip Fund Direct Growth is calculated with S&P BSE 100 India 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 Bluechip 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 Bluechip Fund Direct Growth | 1.73 | 0.49 | 0.68 |
As on October 2024
The sharpe ratio for Franklin India Bluechip Fund Direct Growth is calculated with S&P BSE 100 India 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 Bluechip 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 Bluechip Fund Direct Growth | 13.22 | 12.43 | 18.77 |
As on October 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 0.77 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
R. Janakiraman, Anand Radhakrishnan are the fund managers of Franklin India Bluechip Fund Direct Growth
The Exit load of Franklin India Bluechip Fund Direct Growth is 1%