NAV as on 23-04-2025
₹ 197.18
▲1.1%
1D
Inception Returns
14.9%
/yr
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.
Franklin India Equity Advantage Fund Direct Growth has given a CAGR return of 14.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.86%, 15.44% and 26.44% respectively.
Franklin India Equity Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Consumer Defensive, Basic Materials, Real Estate, Energy, Utilities. Its top holdings are HDFC Bank Ltd, Axis Bank Ltd, Reliance Industries Ltd, Godrej Consumer Products Ltd, Tata Consultancy Services Ltd
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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
To provide medium to long-term capital appreciation by investing primarily in Large and Mid-cap Stocks.
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.
Expense ratio | 1.36% |
Benchmark | Nifty LargeMidcap 250 TR INR |
AUM | ₹3273 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 70.24% |
STCG | Selling mutual fund 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 |
as on (23-Apr-25)
as on (31-Mar-25)
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Industrial
Franklin India Equity Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.36% | 4.36% |
6 Month Returns | -2.25% | -2.25% |
1 Year Returns | 13.86% | 13.86% |
3 Years Returns | 53.84% | 15.44% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Equity Advantage Fund Direct Growth | 3.16 | -1.28 | -0.32 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Equity Advantage Fund Direct Growth | 0.98 | 0.89 | 0.96 |
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 |
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 |