Franklin India Equity Savings Fund Direct Growth

Franklin India Equity Savings Fund Direct Growth

NAV as on 21-04-2025

₹ 17.54

0.3%

1D

Inception Returns

8.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
31 people have invested ₹ 6.2L in Franklin India Equity Savings Fund Direct Growth in the last three months

About Franklin India Equity Savings Fund Direct Growth

Franklin India Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 27 August, 2018. The fund is managed by Rohan Maru. This fund gives you the benefit of diversification.

Key Parameters

  1. Franklin India Equity Savings Fund Direct Growth has ₹637 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Franklin India Equity Savings Fund Direct Growth has given a CAGR return of 8.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.59%, 8.99% and 12.81% respectively.

Holdings

Franklin India Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Government, Consumer Cyclical, Energy, Communication, Tech, Industrial, Utilities, Health, Consumer Defensive, Basic Materials.

Taxation

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Franklin India Equity Savings Fund Direct Growth

The Scheme intends to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments. The Scheme also intends to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies. There can be no assurance that the investment objective of the scheme will be realized.

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 Savings Fund Direct Growth has no lock in period.

Franklin India Equity Savings Fund Direct Growth Overview

Expense ratio0.38%
Benchmark
NIFTY Equity Savings TR INR
AUM₹637 Cr
Inception Date27 August, 2018
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
688.95%
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
Low to Moderate Risk

Trailing Returns

as on (21-Apr-25)

Period
Franklin India Equity Savings Fund Direct Growth
Equity Savings Index
1M
1.3%
1.3%
3M
2.3%
1.1%
6M
2.3%
0.2%
1Y
8.6%
7.6%
3Y
9%
9%
5Y
12.8%
12.2%

Fund Distribution

as on (31-Mar-25)

  • Equity 18.1%

  • Debt & Cash 81.9%

Large cap
59.7%

Mid cap
6%

Small cap
1%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Financial Services
39.3%
Consumer Cyclical
10%
Energy
9.7%
Communication
8.6%
Tech
7.8%
Industrial
7.3%
Utilities
6.1%
Health
3.9%
Consumer Defensive
3.8%
Basic Materials
3.4%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 637 Cr
₹ 644.4 Cr
₹ 655 Cr
  • AUM of the fund stands at 637 Cr as of Mar'25
  • AUM decreased by 7.4 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Mankind Pharma Ltd's allocation increased from 0.18% to 3.5%
Mankind Pharma Ltd's allocation increased from 0.18% to 3.5%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 0.25% to 1.83%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 0.25% to 1.83%
Top Stocks sold last month
Bank of Baroda's allocation decreased from 5.26 % to 0.89 %
Bank of Baroda's allocation decreased from 5.26 % to 0.89 %
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 0.38 %
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 0.38 %
Sapphire Foods India Ltd's allocation decreased from 0.14 % to 0.12 %
Sapphire Foods India Ltd's allocation decreased from 0.14 % to 0.12 %

Top 3 Sectors in March were Financial Services, Corporate & Industrial

Mar'25
Financial Services
39%
Corporate
16%
Government
12%
Feb'25
Financial Services
37%
Corporate
23%
Industrial
10%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Bharti Airtel Ltd
Bharti Airtel Ltd
4.58%
0%
HDFC Bank Ltd
HDFC Bank Ltd
4.34%
0%
Axis Bank Ltd
Axis Bank Ltd
4.28%
8.8%
Infosys Ltd
Infosys Ltd
3.8%
0%
Reliance Industries Ltd
Reliance Industries Ltd
3.5%
5.4%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Franklin India Equity Savings Fund Direct Growth
Franklin India Equity Savings Fund Direct Growth
8.59%
8.99%
12.81%
8.78%
DSP Equity Savings Fund Direct Plan Growth
DSP Equity Savings Fund Direct Plan Growth
12.83%
11.09%
14.48%
10.21%
Sundaram Equity Savings - Direct Plan - Growth Option
Sundaram Equity Savings - Direct Plan - Growth Option
11.7%
12.52%
16.86%
10.14%
Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Direct Growth
9.23%
12.03%
14.26%
10.23%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
115
117
116
Top 5 Company Concentration
20.5%
19.4%
19%
Company having highest exposure
Bharti Airtel Ltd (4.6%)
Bharti Airtel Ltd (4.1%)
Infosys Ltd (4.3%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
87.8%
90.8%
90.9%
Sector having highest exposure
Financial Services (39.3%)
Financial Services (37.5%)
Financial Services (36.4%)
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Rohan Maru
Rohan Maru
Fund Manager of Franklin India Equity Savings Fund Direct Growth, since 10 October 2024
Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Total AUM
₹1.03L Cr
as on 31-Mar-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
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 16.86% return, outperforming this fund by 4.04% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.38% which is lower than the category average expense ratio of 1.06%.
Insights icon
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 12.52% return, outperforming this fund by 3.54% per annum.
Insights icon
In the last 1 year, DSP Equity Savings Fund Direct Plan Growth has given 12.83% return, outperforming this fund by 4.24%.
Insights icon
Over the last 3 months, this fund has experienced a 9.3% drop in AUM moving from 702.65 Cr to 637.0 Cr.

Franklin India Equity Savings Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.78% since inception which is more than its category average return of 8.17%
Fund Allocations

Fund Allocations

This fund has an allocation of 18.12% in Equity, 23.51% in Debt and 58.38% in Cash related instruments
AUM size ₹637 Cr

AUM size ₹637 Cr

This fund has AUM of ₹637 Cr which is less than its category average of ₹ 1647 Cr
Expense Ratio 0.38%

Expense Ratio 0.38%

This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 1.15%

Frequently Asked Questions for Franklin India Equity Savings Fund Direct Growth

The current NAV of Franklin India Equity Savings Fund Direct Growth is ₹17.54 as on 21-Apr-2025.
Existing (Absolute + CAGR) as on 21-Apr-2025.
Franklin India Equity Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.33%
1.33%
6 Month Returns
2.27%
2.27%
1 Year Returns
8.59%
8.59%
3 Years Returns
29.46%
8.99%
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.
0.38% as on March 2025
₹637 Cr as on March 2025
Bajaj Finance Limited(4.81%), Bharti Airtel Ltd(4.58%), HDFC Bank Ltd(4.34%), Axis Bank Ltd(4.28%), 7.37% Govt Stock 2028(4.17%) as on March 2025
Cash Equivalent(58.38%), Corporate(13.44%), Government(10.07%) as on March 2025
AAA
67.3
AA
32.7
Rohan Maru is the fund manager of Franklin India Equity Savings Fund Direct Growth
The Exit load of Franklin India Equity Savings Fund Direct Growth is 0%