Franklin India Smaller Companies Fund Direct Growth
Equity
Direct
Small-Cap
NAV as on 21-11-2024
₹ 192.4
1D
Inception Returns
22.5%
/yr
About Franklin India Smaller Companies Fund Direct Growth
Franklin India Smaller Companies 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 Smaller Companies Fund Direct Growth has ₹13944 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
Franklin India Smaller Companies Fund Direct Growth has given a CAGR return of 22.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.71%, 23.50% and 29.52% respectively.
Holdings
Franklin India Smaller Companies Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Health, Basic Materials, Tech, Real Estate, Consumer Defensive, Utilities, Corporate, Energy, Communication. Its top holdings are Brigade Enterprises Ltd, Aster DM Healthcare Ltd Ordinary Shares, Deepak Nitrite Ltd, Karur Vysya Bank Ltd, Equitas Small Finance Bank Ltd Ordinary Shares
Taxation
As it is a small-cap 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 Smaller Companies Fund Direct Growth
The Fund seeks to provide long-term capital appreciation by investing predominantly in small cap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Smaller Companies Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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6262 people have invested ₹ 5.1Cr in Franklin India Smaller Companies Fund Direct Growth in the last three months
INDmoney Rank for Franklin India Smaller Companies Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Franklin India Smaller Companies Fund Direct Growth Overview
| Expense ratio | 0.9% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹13944 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 27.71% |
| 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 (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
Small cap
75.9%
Mid cap
11.7%
Large cap
4.7%
Sector Allocation
Industrial
27.1%
Financial Services
19.3%
Consumer Cyclical
14.7%
Health
9.9%
Basic Materials
9.3%
Tech
6%
Real Estate
5%
Consumer Defensive
4.7%
Utilities
2.9%
Energy
0.9%
Communication
0.2%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -3.65% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -4.21% as on Oct'24
- This fund outperformed Nifty Smallcap 250 by 0.56% in Oct'24
- AUM of the fund stands at 13.9K Cr as of Oct'24
- AUM decreased by 516.1 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Tata Power Co Ltd's allocation increased from 0.58% to 0.96%
Sapphire Foods India Ltd's allocation increased from 0.88% to 1.18%
PNB Housing Finance Ltd's allocation increased from 0.58% to 0.87%
Top Stocks sold last month
Brigade Enterprises Ltd's allocation decreased from 3.79 % to 3.27 %
Deepak Nitrite Ltd's allocation decreased from 2.79 % to 2.62 %
Equitas Small Finance Bank Ltd Ordinary Shares's allocation decreased from 2.57 % to 2.41 %
Mid Cap allocation has gone down from 13.9% to 11.7%
Large Cap allocation has gone up from 4.5% to 4.7%
Small Cap allocation has gone down from 76.7% to 75.9%
Cash allocation has gone up from 2.5% to 5.4%
Top 3 Sectors in October were Industrial, Financial Services & Consumer Cyclical
Oct'24
Industrial
27%
Financial Services
19%
Consumer Cyclical
15%
Sep'24
Industrial
28%
Financial Services
18%
Consumer Cyclical
16%
See all
Top Growth Drivers | 1M Return |
|---|---|
Syrma SGS Technology Ltd | 39.4% |
 Kirloskar Pneumatic Company Ltd | 10.4% |
 S J S Enterprises Ltd | 0.6% |
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R. Janakiraman
Fund Manager of Franklin India Smaller Companies Fund Direct Growth, since 1 February 2011
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 1 year, Bandhan Small Cap Fund Direct Growth has given 50.69% return, outperforming this fund by 23.98%.
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 45.91% return, outperforming this fund by 16.38% per annum.
In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 27.22% return, outperforming this fund by 3.72% per annum.
Over the last 3 months, this fund has experienced a 3.7% drop in AUM moving from 14.47K Cr to 13.94K Cr.
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.9% which is lower than the category average expense ratio of 1.15%.
Franklin India Smaller Companies 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 22.52% since inception which is more than its category average return of 19.83%
Fund Allocations
This fund has an allocation of 94.44% in Equity, 0% in Debt and 5.42% in Cash related instruments
AUM size ₹13944 Cr
This fund has AUM of ₹13944 Cr which is more than its category average of ₹ 8062 Cr
Expense Ratio 0.9%
This fund has an expense ratio of 0.9% which is less than its category average expense ratio of 1.19%
Frequently Asked Questions for Franklin India Smaller Companies Fund Direct Growth
The current NAV of Franklin India Smaller Companies Fund Direct Growth is ₹192.4 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
Franklin India Smaller Companies Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.51% | -5.51% |
6 Month Returns | 4.51% | 4.51% |
1 Year Returns | 26.71% | 26.71% |
3 Years Returns | 88.35% | 23.5% |
5 Years Returns | 264.52% | 29.52% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.9% as on October 2024
₹13944 Cr as on October 2024
Brigade Enterprises Ltd(3.27%), Aster DM Healthcare Ltd Ordinary Shares(2.7%), Deepak Nitrite Ltd(2.62%), Karur Vysya Bank Ltd(2.5%), Equitas Small Finance Bank Ltd Ordinary Shares(2.41%) as on October 2024
Industrial(25.6%), Financial Services(18.21%), Consumer Cyclical(13.88%) as on October 2024
The alpha ratio for the Franklin India Smaller Companies Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Smaller Companies Fund Direct Growth | 2.32 | 5.83 | 2.46 |
As on October 2024
The alpha for Franklin India Smaller Companies Fund Direct Growth is calculated against S&P BSE Smallcap 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 Smaller Companies Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Smaller Companies Fund Direct Growth | 0.84 | 0.75 | 0.85 |
As on October 2024
The Beta for Franklin India Smaller Companies Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smaller Companies 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 Smaller Companies Fund Direct Growth | 1.92 | 1.32 | 1.09 |
As on October 2024
The sharpe ratio for Franklin India Smaller Companies Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smaller Companies 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 Smaller Companies Fund Direct Growth | 16.43 | 14.73 | 22.27 |
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 2.68 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.35 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 Smaller Companies Fund Direct Growth
The Exit load of Franklin India Smaller Companies Fund Direct Growth is 1%