Franklin India Smaller Companies Fund Direct Growth
Equity
Direct
Small-Cap
NAV as on 25-02-2025
₹ 166.75
1D
Inception Returns
20.6%
/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 ₹12862 Cr worth of assets under management (AUM) as on Jan 2025 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 20.59% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -1.68%, 22.75% and 25.17% respectively.
Holdings
Franklin India Smaller Companies Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Basic Materials, Health, Tech, Real Estate, Consumer Defensive, Corporate, Utilities, Energy, Communication. Its top holdings are Brigade Enterprises Ltd, Aster DM Healthcare Ltd Ordinary Shares, Karur Vysya Bank Ltd, Deepak Nitrite 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
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
Absolute
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5952 people have invested ₹ 5.2Cr 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 | 0.94% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹12862 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 27.71% |
| 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 |   Very High Risk |
Trailing Returns
as on (25-Feb-25)
Fund Distribution
as on (31-Jan-25)
Small cap
76.4%
Mid cap
11.1%
Large cap
5.4%
Sector Allocation
Industrial
22.8%
Financial Services
20.5%
Consumer Cyclical
15.1%
Basic Materials
11.3%
Health
11.2%
Tech
6.7%
Real Estate
5.1%
Consumer Defensive
3.8%
Utilities
2.6%
Energy
1%
Communication
0.1%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 12.9K Cr as of Jan'25
- AUM decreased by 1.2K Cr between Jan'25 and Dec'24
Top Stocks bought last month
Zensar Technologies Ltd's allocation increased from 1.58% to 2.21%
Nuvoco Vista Corp Ltd's allocation increased from 0.18% to 0.53%
Ramco Cements Ltd's allocation increased from 0.72% to 1.03%
Top Stocks sold last month
Aster DM Healthcare Ltd Ordinary Shares's allocation decreased from 3.1 % to 3.06 %
Kalyan Jewellers India Ltd's allocation decreased from 2.7 % to 1.94 %
Crompton Greaves Consumer Electricals Ltd's allocation decreased from 1.94 % to 1.84 %
Mid Cap allocation has gone up from 10.9% to 11.1%
Large Cap allocation has gone up from 4.5% to 5.4%
Small Cap allocation has gone down from 76.6% to 76.4%
Cash allocation has gone down from 5.7% to 5.5%
Top 3 Sectors in January were Industrial, Financial Services & Consumer Cyclical
Jan'25
Industrial
23%
Financial Services
20%
Consumer Cyclical
15%
Dec'24
Industrial
25%
Financial Services
19%
Consumer Cyclical
16%
See all
Top Losers | 1M Return |
|---|---|
 360 ONE WAM Ltd | -13% |
 Lemon Tree Hotels Ltd | -3% |
 Kalyan Jewellers India Ltd | 5.8% |
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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
₹1.14L Cr
as on 31-Jan-2025
Address
One International Centre, Tower 2, 12th and 13th Floor,Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
+9122-67519100
Website
services@franklintempleton.com
Mutual Fund Insights
In the last 1 year, Motilal Oswal Small Cap Fund Direct Growth has given 16.41% return, outperforming this fund by 18.08%.
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 40.01% return, outperforming this fund by 14.85% per annum.
In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 28.5% return, outperforming this fund by 5.75% per annum.
Over the last 6 months, this fund has experienced a 11.1% drop in AUM moving from 14.47K Cr to 12.86K Cr.
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.94% which is lower than the category average expense ratio of 1.18%.
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 20.59% since inception which is more than its category average return of 16.33%
Fund Allocations
This fund has an allocation of 94.31% in Equity, 0% in Debt and 5.53% in Cash related instruments
AUM size ₹12862 Cr
This fund has AUM of ₹12862 Cr which is more than its category average of ₹ 10297 Cr
Expense Ratio 0.94%
This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.27%
Frequently Asked Questions for Franklin India Smaller Companies Fund Direct Growth
The current NAV of Franklin India Smaller Companies Fund Direct Growth is ₹166.75 as on 25-Feb-2025.
Existing (Absolute + CAGR) as on 25-Feb-2025.
Franklin India Smaller Companies Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -8.17% | -8.17% |
6 Month Returns | -19.14% | -19.14% |
1 Year Returns | -1.68% | -1.68% |
3 Years Returns | 84.96% | 22.75% |
5 Years Returns | 207.21% | 25.17% |
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0.94% as on January 2025
₹12862 Cr as on January 2025
Brigade Enterprises Ltd(3.52%), Aster DM Healthcare Ltd Ordinary Shares(3.06%), Karur Vysya Bank Ltd(2.62%), Deepak Nitrite Ltd(2.51%), Equitas Small Finance Bank Ltd Ordinary Shares(2.49%) as on January 2025
Industrial(21.51%), Financial Services(19.33%), Consumer Cyclical(14.2%) as on January 2025
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 | 3.03 | 5.87 | 2.94 |
As on January 2025
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 | 0.85 | 0.78 | 0.85 |
As on January 2025
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 | 0.21 | 0.98 | 0.94 |
As on January 2025
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 | 17.65 | 15.94 | 22.81 |
As on January 2025
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 1.73 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.64 as on January 2025. 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%