Franklin India Technology Fund Direct Growth
NAV as on 26-03-2025
₹ 522.44
1D
Inception Returns
19.2%
/yr
Historical NAV & Returns
Absolute
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1538 people have invested ₹ 78L in Franklin India Technology Fund Direct Growth in the last three months
About Franklin India Technology Fund Direct Growth
Franklin India Technology 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 Technology Fund Direct Growth has ₹1786 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
Franklin India Technology Fund Direct Growth has given a CAGR return of 19.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.87%, 13.92% and 28.73% respectively.
Holdings
Franklin India Technology Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Financial Services, Corporate, Industrial, Health. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, Bharti Airtel Ltd, Franklin Technology I Acc USD, Zomato Ltd
Taxation
As it is a sector - technology 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 Technology Fund Direct Growth
To provide long-term capital appreciation by predominantly investing in equity and equity related securities of technology and technology related 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 Technology Fund Direct Growth has no lock in period.
Franklin India Technology Fund Direct Growth Overview
| Expense ratio | 0.96% |
Benchmark | S&P BSE IT |
| AUM | ₹1786 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 43.71% |
| 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 |
INDmoney Rank for Franklin India Technology Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category
Trailing Returns
as on (26-Mar-25)
Fund Distribution
as on (28-Feb-25)
Large cap
64.4%
Small cap
10.2%
Mid cap
5.9%
Sector Allocation
Tech
67.4%
Communication
17.2%
Consumer Cyclical
10.8%
Financial Services
3.3%
Industrial
1.3%
Health
0.1%
All changes are between Dec'24 and Feb'25
- AUM of the fund stands at 1.8K Cr as of Feb'25
- AUM decreased by 173.8 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Swiggy Ltd's allocation increased from 0.99% to 2.52%
Bharti Airtel Ltd's allocation increased from 11.05% to 11.71%
Zomato Ltd's allocation increased from 5.7% to 6.3%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 21.51 % to 21.19 %
Tata Consultancy Services Ltd's allocation decreased from 16.04 % to 14.91 %
Tech Mahindra Ltd's allocation decreased from 3.44 % to 3.35 %
Large Cap allocation has gone up from 63.6% to 64.4%
Small Cap allocation has gone down from 11.6% to 10.2%
Mid Cap allocation has gone down from 7.1% to 5.9%
Cash allocation has gone down from 3% to 2.7%
Top 3 Sectors in February were Tech, Communication & Consumer Cyclical
Feb'25
Tech
67%
Communication
17%
Consumer Cyclical
11%
Jan'25
Tech
69%
Communication
17%
Consumer Cyclical
8%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Infosys Ltd | 21.19% | 0% | |
 Tata Consultancy Services Ltd | 14.91% | 0% | |
 Bharti Airtel Ltd | 11.71% | 0% | |
 Zomato Ltd | 6.3% | 0% | |
 HCL Technologies Ltd | 3.41% | 0% |
See all
See all
Top Losers | 1M Return |
|---|---|
 Zensar Technologies Ltd | -12% |
 Infosys Ltd | -9.3% |
 Tata Consultancy Services Ltd | 0.6% |
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R. Janakiraman
Fund Manager of Franklin India Technology Fund Direct Growth, since 1 December 2023
Top funds managed
Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Total Schemes
Total AUM
₹1.11L Cr
as on 28-Feb-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 3 years, this fund has outperformed all funds in its category.
Over the last 1 month, this fund has experienced a 8.9% drop in AUM moving from 1.95K Cr to 1.78K Cr.
This fund expense ratio is slightly on the lower side within the category (sector - technology). Its expense ratio is 0.96% which is lower than the category average expense ratio of 1.28%.
In the last 5 years, ICICI Prudential Technology Fund Direct Plan Growth has given 33.76% return, outperforming this fund by 5.03% per annum.
In the last 1 year, HDFC Technology Fund Direct Growth has given 16.54% return, outperforming this fund by 10.67%.
Franklin India Technology 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 19.16% since inception which is more than its category average return of 12.78%
Fund Allocations
This fund has an allocation of 97.25% in Equity, 0% in Debt and 2.67% in Cash related instruments
AUM size ₹1786 Cr
This fund has AUM of ₹1786 Cr which is less than its category average of ₹ 2777 Cr
Expense Ratio 0.96%
This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.27%
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Frequently Asked Questions for Franklin India Technology Fund Direct Growth
The current NAV of Franklin India Technology Fund Direct Growth is ₹522.44 as on 26-Mar-2025.
Existing (Absolute + CAGR) as on 26-Mar-2025.
Franklin India Technology Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.24% | -4.24% |
6 Month Returns | -12.93% | -12.93% |
1 Year Returns | 5.87% | 5.87% |
3 Years Returns | 47.83% | 13.92% |
5 Years Returns | 253.45% | 28.73% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.96% as on February 2025
₹1786 Cr as on February 2025
Infosys Ltd(21.19%), Tata Consultancy Services Ltd(14.91%), Bharti Airtel Ltd(11.71%), Zomato Ltd(6.3%), HCL Technologies Ltd(3.41%) as on February 2025
Tech(65.59%), Communication(16.72%), Consumer Cyclical(10.46%) as on February 2025
The alpha ratio for the Franklin India Technology Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Technology Fund Direct Growth | 1.3 | 8.18 | 5.68 |
As on February 2025
The alpha for Franklin India Technology Fund Direct Growth is calculated against S&P BSE IT. 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 Technology Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Technology Fund Direct Growth | 0.83 | 0.87 | 0.89 |
As on February 2025
The Beta for Franklin India Technology Fund Direct Growth is calculated with S&P BSE IT. 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 Technology 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 Technology Fund Direct Growth | -0.01 | 0.54 | 0.95 |
As on February 2025
The sharpe ratio for Franklin India Technology Fund Direct Growth is calculated with S&P BSE IT. 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 Technology 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 Technology Fund Direct Growth | 19.44 | 18.2 | 20.12 |
As on February 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 0.87 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.05 as on February 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
R. Janakiraman is the fund manager of Franklin India Technology Fund Direct Growth
The Exit load of Franklin India Technology Fund Direct Growth is 1%