Franklin India Smaller Companies Fund Direct Growth

Franklin India Smaller Companies Fund Direct Growth

Equity

Direct

Small-Cap

NAV as on 20-12-2024

₹ 201.92

-2%

1D

Inception Returns

22.9%

/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

  1. Franklin India Smaller Companies Fund Direct Growth has ₹14045 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

Franklin India Smaller Companies Fund Direct Growth has given a CAGR return of 22.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.26%, 28.73% and 30.73% 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, Kalyan Jewellers India Ltd

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 benefit
Dividends 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

zero opening, trading, fund transfer fee
6191 people have invested ₹ 6Cr 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.
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Franklin India Smaller Companies Fund Direct Growth Overview

Expense ratio0.89%
Benchmark
S&P BSE Smallcap TR INR
AUM₹14045 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
27.71%
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
Very High Risk

Trailing Returns

as on (20-Dec-24)

Period
Franklin India Smaller Companies Fund Direct Growth
Nifty Smallcap 250
small-cap
1M
4.4%
6.8%
4.8%
3M
-3.7%
-2.2%
-2.8%
6M
1%
5.9%
6.6%
1Y
28.3%
30.9%
30.8%
3Y
28.7%
24.1%
24.7%
5Y
30.7%
30.7%
32.1%

Fund Distribution

as on (30-Nov-24)

  • Equity 94%

  • Debt & Cash 5.8%

Small cap
76.7%

Mid cap
10.9%

Large cap
4.7%

Sector Allocation

Nov'24

Oct'24

Sep'24

Industrial
25.8%
Financial Services
19.2%
Consumer Cyclical
15.3%
Health
11%
Basic Materials
9.8%
Tech
5.8%
Real Estate
5.3%
Consumer Defensive
4.1%
Utilities
2.7%
Energy
0.9%
Communication
0.2%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
0.36%
-3.65%
0.44%
Nifty Smallcap 250
-1.24%
-4.21%
1.39%
  • This fund’s returns stands at 0.36% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -1.24% as on Nov'24
  • This fund outperformed Nifty Smallcap 250 by 1.60% in Nov'24
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 13.9K Cr
₹ 13.9K Cr
₹ 14.5K Cr
  • AUM of the fund stands at 13.9K Cr as of Nov'24
  • AUM has remained same between Nov'24 and Oct'24
Top Stocks bought last month
Sapphire Foods India Ltd's allocation increased from 0.88% to 1.18%
Sapphire Foods India Ltd's allocation increased from 0.88% to 1.18%
Top Stocks sold last month
K.P.R. Mill Ltd's allocation decreased from 5.26 % to 1.38 %
K.P.R. Mill Ltd's allocation decreased from 5.26 % to 1.38 %
Elecon Engineering Co Ltd's allocation decreased from 1.12 % to 0.98 %
Elecon Engineering Co Ltd's allocation decreased from 1.12 % to 0.98 %
Gateway Distriparks Ltd's allocation decreased from 5.26 % to 0.87 %
Gateway Distriparks Ltd's allocation decreased from 5.26 % to 0.87 %
Mid Cap allocation has gone down from 11.7% to 10.9%
Mid Cap allocation has gone down from 11.7% to 10.9%
Large Cap allocation has gone down from 4.7% to 4.7%
Large Cap allocation has gone down from 4.7% to 4.7%
Small Cap allocation has gone up from 75.9% to 76.7%
Small Cap allocation has gone up from 75.9% to 76.7%
Cash allocation has gone up from 5.4% to 5.8%
Cash allocation has gone up from 5.4% to 5.8%

Top 3 Sectors in November were Industrial, Financial Services & Consumer Cyclical

Nov'24
Industrial
26%
Financial Services
19%
Consumer Cyclical
15%
Oct'24
Industrial
27%
Financial Services
19%
Consumer Cyclical
15%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
95
95
98
Top 5 Company Concentration
13.5%
13.5%
15.1%
Company having highest exposure
Brigade Enterprises Ltd (3.3%)
Brigade Enterprises Ltd (3.3%)
Brigade Enterprises Ltd (3.8%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
81.1%
80.3%
79.3%
Sector having highest exposure
Industrial (25.8%)
Industrial (27.1%)
Industrial (28.3%)
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R. Janakiraman
R. Janakiraman
Fund Manager of Franklin India Smaller Companies Fund Direct Growth, since 1 February 2011
Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Total AUM
₹1.13L Cr
as on 29-Nov-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

Insights icon
In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 32.63% return, outperforming this fund by 3.91% per annum.
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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 47.53% return, outperforming this fund by 16.8% per annum.
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In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 51.22% return, outperforming this fund by 22.96%.
Insights icon
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.89% which is lower than the category average expense ratio of 1.15%.

Franklin India Smaller Companies Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 22.85% since inception which is more than its category average return of 20.9%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.05% in Equity, 0% in Debt and 5.81% in Cash related instruments
AUM size ₹14045 Cr

AUM size ₹14045 Cr

This fund has AUM of ₹14045 Cr which is more than its category average of ₹ 8149 Cr
Expense Ratio 0.89%

Expense Ratio 0.89%

This fund has an expense ratio of 0.89% which is less than its category average expense ratio of 1.23%

Frequently Asked Questions for Franklin India Smaller Companies Fund Direct Growth

The current NAV of Franklin India Smaller Companies Fund Direct Growth is ₹201.92 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Franklin India Smaller Companies Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.44%
4.44%
6 Month Returns
1.03%
1.03%
1 Year Returns
28.26%
28.26%
3 Years Returns
113.31%
28.73%
5 Years Returns
281.78%
30.73%
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0.89% as on November 2024
₹14045 Cr as on November 2024
Brigade Enterprises Ltd(3.42%), Aster DM Healthcare Ltd Ordinary Shares(3.02%), Deepak Nitrite Ltd(2.7%), Karur Vysya Bank Ltd(2.59%), Kalyan Jewellers India Ltd(2.56%) as on November 2024
Industrial(24.26%), Financial Services(18.1%), Consumer Cyclical(14.38%) as on November 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
2.04
5.58
2.76
As on November 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
0.79
0.76
0.85
As on November 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
1.48
1.3
1.09
As on November 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
14.46
14.74
22.26
As on November 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 2.65 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.31 as on November 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%