Franklin India Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV as on 21-02-2025
₹ 17.21
Inception Returns
8.7%
/yr
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
- Franklin India Equity Savings Fund Direct Growth has ₹655 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Franklin India Equity Savings Fund Direct Growth has given a CAGR return of 8.69% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.68%, 8.57% and 9.89% respectively.
Holdings
Franklin India Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Industrial, Energy, Tech, Consumer Cyclical, Government, Communication, Utilities, Consumer Defensive, Health, 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 benefitLong 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.
Historical NAV & Returns
Franklin India Equity Savings Fund Direct Growth Overview
| Expense ratio | 0.39% |
Benchmark | NIFTY Equity Savings TR INR |
| AUM | ₹655 Cr |
| Inception Date | 27 August, 2018 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 688.95% |
| 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 |   Low to Moderate Risk |
Trailing Returns
as on (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 655 Cr as of Jan'25
- AUM decreased by 47.7 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Financial Services, Corporate & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Infosys Ltd | 4.28% | 15.5% | |
 Bharti Airtel Ltd | 4.18% | -2.3% | |
 Larsen & Toubro Ltd | 3.91% | -9% | |
 Axis Bank Ltd | 3.43% | 30% | |
 State Bank of India | 3.24% | -2% |
Mutual Fund Insights
Franklin India Equity Savings Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
Fund Allocations
AUM size ₹655 Cr
Expense Ratio 0.39%
Frequently Asked Questions for Franklin India Equity Savings Fund Direct Growth
Franklin India Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.06% | 0.06% |
6 Month Returns | 1.55% | 1.55% |
1 Year Returns | 7.68% | 7.68% |
3 Years Returns | 27.97% | 8.57% |
5 Years Returns | 60.25% | 9.89% |
- 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.
AAA | 70.61 |
AA | 29.39 |