Franklin India Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 19-11-2024
₹ 115.37
▲0.4%
1D
Inception Returns
19%
/yr
About Franklin India Focused Equity Fund Direct Growth
Franklin India Focused Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Franklin India Focused Equity Fund Direct Growth has ₹12068 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
Franklin India Focused Equity Fund Direct Growth has given a CAGR return of 18.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.82%, 16.10% and 20.70% respectively.
Holdings
Franklin India Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Industrial, Basic Materials, Energy, Tech, Communication, Consumer Defensive, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Axis Bank Ltd, Bharti Airtel Ltd
Taxation
As it is a focused fund 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 Focused Equity Fund Direct Growth
An open-end focused equity fund that seeks to achieve capital appreciation through investing predominantly in Indian companies/sectors with high growth rates or potential.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Focused Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
1929 people have invested ₹ 2.1Cr in Franklin India Focused Equity Fund Direct Growth in the last three months
INDmoney Rank for Franklin India Focused Equity Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
Larger AUM within category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Franklin India Focused Equity Fund Direct Growth Overview
| Expense ratio | 0.95% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹12068 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 26.93% |
| 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
76.4%
Mid cap
14.4%
Small cap
4%
Sector Allocation
Financial Services
36.3%
Consumer Cyclical
12.5%
Health
10.1%
Industrial
8.8%
Basic Materials
6.7%
Energy
6.2%
Tech
6.1%
Communication
5.5%
Consumer Defensive
4.2%
Real Estate
3.5%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -7.20% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund underperformed Nifty 500 by 0.68% in Oct'24
- AUM of the fund stands at 12.1K Cr as of Oct'24
- AUM decreased by 982.1 Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 8.1% to 8.89%
HDFC Bank Ltd's allocation increased from 9.03% to 9.78%
Axis Bank Ltd's allocation increased from 4.53% to 5.28%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 6.18 % to 5.82 %
Bharti Airtel Ltd's allocation decreased from 5.31 % to 5.21 %
Zomato Ltd's allocation decreased from 4.92 % to 4.71 %
Mid Cap allocation has gone up from 14.1% to 14.4%
Large Cap allocation has gone down from 78.4% to 76.4%
Small Cap allocation has gone down from 4.5% to 4%
Cash allocation has gone up from 2.9% to 5.1%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
Oct'24
Financial Services
36%
Consumer Cyclical
13%
Health
10%
Sep'24
Financial Services
33%
Consumer Cyclical
13%
Industrial
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.78% | 0% | |
 ICICI Bank Ltd | 8.89% | 0% | |
 Infosys Ltd | 5.82% | -7% | |
 Axis Bank Ltd | 5.28% | 14.6% | |
 Bharti Airtel Ltd | 5.21% | -3.7% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 0.8% |
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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
This fund expense ratio is slightly on the lower side within the category (focused fund). Its expense ratio is 0.95% which is lower than the category average expense ratio of 1.26%.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 52.77% return, outperforming this fund by 24.96%.
Over the last 1 month, this fund has experienced a 7.5% drop in AUM moving from 13.05K Cr to 12.06K Cr.
In the last 5 years, ICICI Prudential Focused Equity Fund Direct Plan Growth has given 24.83% return, outperforming this fund by 4.13% per annum.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 24.67% return, outperforming this fund by 8.57% per annum.
Franklin India Focused Equity 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 18.99% since inception which is more than its category average return of 16.7%
Fund Allocations
This fund has an allocation of 94.86% in Equity, 0% in Debt and 5.14% in Cash related instruments
AUM size ₹12068 Cr
This fund has AUM of ₹12068 Cr which is more than its category average of ₹ 4697 Cr
Expense Ratio 0.95%
This fund has an expense ratio of 0.95% which is less than its category average expense ratio of 1.46%
Frequently Asked Questions for Franklin India Focused Equity Fund Direct Growth
The current NAV of Franklin India Focused Equity Fund Direct Growth is ₹115.37 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Franklin India Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.64% | -5.64% |
6 Month Returns | 5.48% | 5.48% |
1 Year Returns | 27.82% | 27.82% |
3 Years Returns | 56.51% | 16.1% |
5 Years Returns | 156.2% | 20.7% |
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0.95% as on October 2024
₹12068 Cr as on October 2024
HDFC Bank Ltd(9.78%), ICICI Bank Ltd(8.89%), Infosys Ltd(5.82%), Axis Bank Ltd(5.28%), Bharti Airtel Ltd(5.21%) as on October 2024
Financial Services(34.46%), Consumer Cyclical(11.89%), Health(9.58%) as on October 2024
The alpha ratio for the Franklin India Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Focused Equity Fund Direct Growth | 2.16 | 2.25 | 1.59 |
As on October 2024
The alpha for Franklin India Focused Equity Fund Direct Growth is calculated against S&P BSE 500 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Focused Equity Fund Direct Growth | 0.91 | 0.91 | 1.02 |
As on October 2024
The Beta for Franklin India Focused Equity Fund Direct Growth is calculated with S&P BSE 500 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 Focused Equity 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 Focused Equity Fund Direct Growth | 1.99 | 0.85 | 0.81 |
As on October 2024
The sharpe ratio for Franklin India Focused Equity Fund Direct Growth is calculated with S&P BSE 500 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 Focused Equity 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 Focused Equity Fund Direct Growth | 12.67 | 13.08 | 20.59 |
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 1.43 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.39 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Franklin India Focused Equity Fund Direct Growth is 1%