Franklin India Equity Advantage Fund Direct Growth

Franklin India Equity Advantage Fund Direct Growth

NAV as on 03-04-2025

₹ 187.96

1.3%

1D

Inception Returns

14.6%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
193 people have invested ₹ 22.1L in Franklin India Equity Advantage Fund Direct Growth in the last three months

About Franklin India Equity Advantage Fund Direct Growth

Franklin India Equity Advantage 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

  1. Franklin India Equity Advantage Fund Direct Growth has ₹3121 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 1.4.

Returns

Franklin India Equity Advantage Fund Direct Growth has given a CAGR return of 14.58% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.19%, 13.58% and 28.51% respectively.

Holdings

Franklin India Equity Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Consumer Defensive, Health, Basic Materials, Real Estate, Energy, Utilities. Its top holdings are HDFC Bank Ltd, Axis Bank Ltd, Reliance Industries Ltd, Zomato Ltd, Godrej Consumer Products Ltd

Taxation

As it is a large & mid-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Franklin India Equity Advantage Fund Direct Growth

To provide medium to long-term capital appreciation by investing primarily in Large and Mid-cap Stocks.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Equity Advantage Fund Direct Growth has no lock in period.

Franklin India Equity Advantage Fund Direct Growth Overview

Expense ratio1.37%
Benchmark
S&P BSE 200 India TR INR
AUM₹3121 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
70.24%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

INDmoney Rank for Franklin India Equity Advantage Fund Direct Growth

Powered by IND quant engine
IND ranking is not available for this fund.
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Beats FD returns for both 3Y & 5Y duration
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3Y returns in the bottom 25% of the category

Trailing Returns

as on (03-Apr-25)

Period
Franklin India Equity Advantage Fund Direct Growth
NIFTY 500
large & mid-cap
1M
5.7%
6.8%
6.5%
3M
-7.3%
-6.5%
-9.6%
6M
-11.9%
-10.6%
-12.7%
1Y
9.2%
3.1%
6.5%
3Y
13.6%
12.1%
15.5%
5Y
28.5%
26.2%
28.1%

Fund Distribution

as on (28-Feb-25)

  • Equity 96.9%

  • Debt & Cash 3.1%

Large cap
47.6%

Mid cap
37.5%

Small cap
10.5%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
27.8%
Consumer Cyclical
18.1%
Industrial
13.2%
Tech
11.3%
Consumer Defensive
8.4%
Health
8.3%
Basic Materials
4.3%
Real Estate
3.4%
Energy
3.1%
Utilities
2.1%
All changes are between Dec'24 and Feb'25
Dec'24
Fund Returns
-1.16%
NIFTY 500
-2.02%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 3.1K Cr
₹ 3.4K Cr
₹ 3.5K Cr
  • AUM of the fund stands at 3.1K Cr as of Feb'25
  • AUM decreased by 248.4 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Swiggy Ltd's allocation increased from 1.33% to 2.6%
Swiggy Ltd's allocation increased from 1.33% to 2.6%
Torrent Pharmaceuticals Ltd's allocation increased from 1.07% to 1.98%
Torrent Pharmaceuticals Ltd's allocation increased from 1.07% to 1.98%
Zomato Ltd's allocation increased from 1.83% to 2.74%
Zomato Ltd's allocation increased from 1.83% to 2.74%
Top Stocks sold last month
Godrej Consumer Products Ltd's allocation decreased from 2.73 % to 2.64 %
Godrej Consumer Products Ltd's allocation decreased from 2.73 % to 2.64 %
SBI Cards and Payment Services Ltd Ordinary Shares's allocation decreased from 4.05 % to 2.57 %
SBI Cards and Payment Services Ltd Ordinary Shares's allocation decreased from 4.05 % to 2.57 %
Grasim Industries Ltd's allocation decreased from 2.14 % to 2.12 %
Grasim Industries Ltd's allocation decreased from 2.14 % to 2.12 %
Mid Cap allocation has gone up from 36.2% to 37.5%
Mid Cap allocation has gone up from 36.2% to 37.5%
Large Cap allocation has gone up from 47.1% to 47.6%
Large Cap allocation has gone up from 47.1% to 47.6%
Small Cap allocation has gone down from 12.2% to 10.5%
Small Cap allocation has gone down from 12.2% to 10.5%
Cash allocation has gone up from 2.9% to 3.1%
Cash allocation has gone up from 2.9% to 3.1%

Top 3 Sectors in February were Financial Services, Consumer Cyclical & Industrial

Feb'25
Financial Services
28%
Consumer Cyclical
18%
Industrial
13%
Jan'25
Financial Services
30%
Consumer Cyclical
16%
Industrial
14%
  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
4.56%
0%
Axis Bank Ltd
Axis Bank Ltd
3.36%
0%
Reliance Industries Ltd
Reliance Industries Ltd
2.94%
0%
Zomato Ltd
Zomato Ltd
2.74%
37.7%
Godrej Consumer Products Ltd
Godrej Consumer Products Ltd
2.64%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Franklin India Equity Advantage Fund Direct Growth
Franklin India Equity Advantage Fund Direct Growth
9.19%
13.58%
28.51%
14.58%
Invesco India Large&MidCap Fund Direct Plan Growth
Invesco India Large&MidCap Fund Direct Plan Growth
14.65%
20.94%
28.88%
17.89%
Motilal Oswal Large and Midcap Fund Direct Growth
Motilal Oswal Large and Midcap Fund Direct Growth
12.61%
24.25%
32.65%
23.43%
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth
10.91%
20.56%
33.8%
16.76%
  • Gainers

  • Losers

Fund
Feb'25
Jan'25
Dec'24
No of Holdings
56
56
55
Top 5 Company Concentration
16.2%
17.2%
17.9%
Company having highest exposure
HDFC Bank Ltd (4.6%)
HDFC Bank Ltd (4.1%)
Mahindra & Mahindra Ltd (4.3%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
78.8%
79.3%
78.8%
Sector having highest exposure
Financial Services (27.8%)
Financial Services (29.6%)
Financial Services (30.8%)
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R. Janakiraman
R. Janakiraman
Fund Manager of Franklin India Equity Advantage Fund Direct Growth, since 28 February 2014
Top funds managed
Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Total AUM
₹1.11L Cr
as on 28-Feb-2025
Address
One International Centre, Tower 2, 12th and 13th Floor,Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
+9122-67519100
Website
services@franklintempleton.com

Mutual Fund Insights

Insights icon
Over the last 3 months, this fund has experienced a 12.0% drop in AUM moving from 3.54K Cr to 3.12K Cr.
Insights icon
In the last 5 years, ICICI Prudential Large & Mid Cap Fund Direct Plan Growth has given 33.8% return, outperforming this fund by 5.29% per annum.
Insights icon
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 24.25% return, outperforming this fund by 10.67% per annum.
Insights icon
In the last 1 year, Invesco India Large&MidCap Fund Direct Plan Growth has given 14.65% return, outperforming this fund by 5.46%.

Franklin India Equity Advantage Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 14.58% since inception which is more than its category average return of 13.86%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.91% in Equity, 0% in Debt and 3.09% in Cash related instruments
AUM size ₹3121 Cr

AUM size ₹3121 Cr

This fund has AUM of ₹3121 Cr which is less than its category average of ₹ 7619 Cr
Expense Ratio 1.37%

Expense Ratio 1.37%

This fund has an expense ratio of 1.37% which is less than its category average expense ratio of 1.38%
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Frequently Asked Questions for Franklin India Equity Advantage Fund Direct Growth

The current NAV of Franklin India Equity Advantage Fund Direct Growth is ₹187.96 as on 03-Apr-2025.
Existing (Absolute + CAGR) as on 03-Apr-2025.
Franklin India Equity Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.66%
5.66%
6 Month Returns
-11.91%
-11.91%
1 Year Returns
9.19%
9.19%
3 Years Returns
46.53%
13.58%
5 Years Returns
250.5%
28.51%
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1.37% as on March 2025
₹3121 Cr as on March 2025
HDFC Bank Ltd(4.56%), Axis Bank Ltd(3.36%), Reliance Industries Ltd(2.94%), Zomato Ltd(2.74%), Godrej Consumer Products Ltd(2.64%) as on March 2025
Financial Services(26.94%), Consumer Cyclical(17.52%), Industrial(12.84%) as on March 2025
The alpha ratio for the Franklin India Equity Advantage Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Franklin India Equity Advantage Fund Direct Growth
3.16
-1.28
-0.32
As on March 2025
The alpha for Franklin India Equity Advantage Fund Direct Growth is calculated against S&P BSE 200 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 Equity Advantage Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Franklin India Equity Advantage Fund Direct Growth
0.98
0.89
0.96
As on March 2025
The Beta for Franklin India Equity Advantage Fund Direct Growth is calculated with S&P BSE 200 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 Equity Advantage 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 Equity Advantage Fund Direct Growth
0.28
0.54
1.27
As on March 2025
The sharpe ratio for Franklin India Equity Advantage Fund Direct Growth is calculated with S&P BSE 200 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 Equity Advantage 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 Equity Advantage Fund Direct Growth
17.74
14.19
16.2
As on March 2025
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 0.89 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
R. Janakiraman is the fund manager of Franklin India Equity Advantage Fund Direct Growth
The Exit load of Franklin India Equity Advantage Fund Direct Growth is 1%