Franklin India Opportunities Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 22-11-2024
₹ 264.65
1D
Inception Returns
18.9%
/yr
About Franklin India Opportunities Fund Direct Growth
Franklin India Opportunities 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
- Franklin India Opportunities Fund Direct Growth has ₹5623 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Franklin India Opportunities Fund Direct Growth has given a CAGR return of 18.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 48.48%, 24.82% and 27.94% respectively.
Holdings
Franklin India Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Health, Financial Services, Industrial, Communication, Tech, Consumer Defensive, Basic Materials, Energy, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, Zomato Ltd, Info Edge (India) Ltd
Taxation
As it is a equity - other 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 Opportunities Fund Direct Growth
To generate capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy and/or regulatory changes, companies going through temporary unique challenges and other similar instances
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Opportunities Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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1309 people have invested ₹ 2.8Cr in Franklin India Opportunities Fund Direct Growth in the last three months
INDmoney Rank for Franklin India Opportunities 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
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Franklin India Opportunities Fund Direct Growth Overview
| Expense ratio | 0.49% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹5623 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 46.36% |
| 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 (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
38%
Small cap
37.7%
Mid cap
13.3%
Sector Allocation
Consumer Cyclical
19.9%
Health
17.7%
Financial Services
17%
Industrial
12.6%
Communication
11.3%
Tech
6%
Consumer Defensive
4.4%
Basic Materials
4.4%
Energy
2.9%
Utilities
2.7%
Real Estate
1%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -4.11% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 2.41% in Oct'24
- AUM of the fund stands at 5.6K Cr as of Oct'24
- AUM increased by 12.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 3.35% to 4.81%
Samvardhana Motherson International Ltd's allocation increased from 0.89% to 1.99%
Pricol Ltd's allocation increased from 0.69% to 1.54%
Top Stocks sold last month
Bharti Airtel Ltd's allocation decreased from 4.09 % to 3.85 %
Info Edge (India) Ltd's allocation decreased from 3.12 % to 2.86 %
Reliance Industries Ltd's allocation decreased from 2.94 % to 2.65 %
Large Cap allocation has gone up from 37.7% to 38%
Small Cap allocation has gone down from 38.6% to 37.7%
Mid Cap allocation has gone up from 12.1% to 13.3%
Cash allocation has gone down from 8.7% to 7.6%
Top 3 Sectors in October were Health, Consumer Cyclical & Financial Services
Oct'24
Consumer Cyclical
20%
Health
18%
Financial Services
17%
Sep'24
Health
18%
Consumer Cyclical
17%
Financial Services
16%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 4.81% | 43.9% | |
 ICICI Bank Ltd | 3.9% | 0% | |
 Bharti Airtel Ltd | 3.85% | 0% | |
 Zomato Ltd | 3.26% | 36.3% | |
 Info Edge (India) Ltd | 2.86% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
Syrma SGS Technology Ltd | 39.4% |
 Kirloskar Pneumatic Company Ltd | 10.4% |
 Piramal Pharma Ltd | 9.9% |
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R. Janakiraman
Fund Manager of Franklin India Opportunities Fund Direct Growth, since 1 April 2013
Top funds managed
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
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 32.59% return, outperforming this fund by 4.65% per annum.
In the last 1 year, HDFC Defence Fund Direct Growth has given 54.09% return, outperforming this fund by 5.62%.
This fund has one of the lowest expense ratio in the category (equity - other). Its expense ratio is 0.49% which is lower than the category average expense ratio of 1.14%.
Over the last 6 months, this fund has experienced a 62.5% growth in AUM moving from 3.45K Cr to 5.62K Cr.
In the last 3 years, SBI PSU Direct Growth has given 34.11% return, outperforming this fund by 9.29% per annum.
Franklin India Opportunities 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 18.85% since inception which is more than its category average return of 16.31%
Fund Allocations
This fund has an allocation of 92.41% in Equity, 0% in Debt and 7.59% in Cash related instruments
AUM size ₹5623 Cr
This fund has AUM of ₹5623 Cr which is more than its category average of ₹ 2245 Cr
Expense Ratio 0.49%
This fund has an expense ratio of 0.49% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions for Franklin India Opportunities Fund Direct Growth
The current NAV of Franklin India Opportunities Fund Direct Growth is ₹264.65 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
Franklin India Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.9% | -4.9% |
6 Month Returns | 4.74% | 4.74% |
1 Year Returns | 48.48% | 48.48% |
3 Years Returns | 94.48% | 24.82% |
5 Years Returns | 242.81% | 27.94% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.49% as on October 2024
₹5623 Cr as on October 2024
HDFC Bank Ltd(4.81%), ICICI Bank Ltd(3.9%), Bharti Airtel Ltd(3.85%), Zomato Ltd(3.26%), Info Edge (India) Ltd(2.86%) as on October 2024
Consumer Cyclical(18.35%), Health(16.34%), Financial Services(15.75%) as on October 2024
The alpha ratio for the Franklin India Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Opportunities Fund Direct Growth | 20.34 | 10.45 | 7.88 |
As on October 2024
The alpha for Franklin India Opportunities Fund Direct Growth is calculated against IISL Nifty 500 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 Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Opportunities Fund Direct Growth | 0.98 | 0.96 | 0.97 |
As on October 2024
The Beta for Franklin India Opportunities Fund Direct Growth is calculated with IISL Nifty 500 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 Opportunities 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 Opportunities Fund Direct Growth | 2.84 | 1.28 | 1.12 |
As on October 2024
The sharpe ratio for Franklin India Opportunities Fund Direct Growth is calculated with IISL Nifty 500 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 Opportunities 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 Opportunities Fund Direct Growth | 15.95 | 15.64 | 19.9 |
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 2.8 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.43 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
R. Janakiraman is the fund manager of Franklin India Opportunities Fund Direct Growth
The Exit load of Franklin India Opportunities Fund Direct Growth is 1%