Franklin India Technology Fund Direct Growth
NAV as on 15-04-2025
₹ 496.91
▲1.8%
1D
Inception Returns
18.6%
/yr
Historical NAV & Returns
Absolute
▲
▼
1445 people have invested ₹ 64.3L 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 ₹1754 Cr worth of assets under management (AUM) as on Mar 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 18.58% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -0.15%, 12.83% and 26.26% 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, Eternal 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 TECK TR INR |
| AUM | ₹1754 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 (15-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
61.9%
Small cap
10.1%
Mid cap
9.6%
Sector Allocation
Tech
64.7%
Communication
18.7%
Consumer Cyclical
10.1%
Financial Services
5.2%
Industrial
1.2%
Health
0.1%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at -1.80% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 9.05% in Mar'25
- AUM of the fund stands at 1.8K Cr as of Mar'25
- AUM decreased by 31.8 Cr between Mar'25 and Feb'25
Top Stocks bought last month
PB Fintech Ltd's allocation increased from 2.84% to 4.69%
Bharti Airtel Ltd's allocation increased from 11.71% to 13.16%
Tata Consultancy Services Ltd's allocation increased from 14.91% to 15.72%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 21.19 % to 20.08 %
Zensar Technologies Ltd's allocation decreased from 2.66 % to 2.57 %
Rategain Travel Technologies Ltd's allocation decreased from 1.73 % to 1.6 %
Mid Cap allocation has gone up from 5.9% to 9.6%
Large Cap allocation has gone down from 64.4% to 61.9%
Small Cap allocation has gone down from 10.2% to 10.1%
Cash allocation has gone up from 2.7% to 4.6%
Top 3 Sectors in March were Tech, Communication & Consumer Cyclical
Mar'25
Tech
65%
Communication
19%
Consumer Cyclical
10%
Feb'25
Tech
67%
Communication
17%
Consumer Cyclical
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Infosys Ltd | 20.08% | 0% | |
 Tata Consultancy Services Ltd | 15.72% | 0% | |
 Bharti Airtel Ltd | 13.16% | 0% | |
 Eternal Ltd | 5.83% | 0% | |
 PB Fintech Ltd | 4.69% | 49.4% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Franklin India Technology Fund Direct Growth | -0.15% | 12.83% | 26.26% | 18.58% |
 SBI Technology Opportunities Fund Direct Growth | 10.15% | 10.14% | 28.22% | 20.11% |
 ICICI Prudential Technology Fund Direct Plan Growth | 4.99% | 5.66% | 31.59% | 20.75% |
 Tata Digital India Fund Direct Growth | 3.19% | 6.26% | 30.2% | 18.63% |
See all
Top Growth Drivers | 1M Return |
|---|---|
PB Fintech Ltd | 19.6% |
 Bharti Airtel Ltd | 9.7% |
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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
₹1.03L Cr
as on 31-Mar-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, HDFC Technology Fund Direct Growth has given 11.01% return, outperforming this fund by 11.16%.
In the last 5 years, ICICI Prudential Technology Fund Direct Plan Growth has given 31.59% return, outperforming this fund by 5.34% per annum.
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 1.25%.
In the last 3 years, this fund has outperformed all funds in its category.
Over the last 3 months, this fund has experienced a 11.8% drop in AUM moving from 1.98K Cr to 1.75K Cr.
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 18.58% since inception which is more than its category average return of 9.85%
Fund Allocations
This fund has an allocation of 95.34% in Equity, 0% in Debt and 4.59% in Cash related instruments
AUM size ₹1754 Cr
This fund has AUM of ₹1754 Cr which is less than its category average of ₹ 2598 Cr
Expense Ratio 0.96%
This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.17%
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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 ₹496.91 as on 15-Apr-2025.
Existing (Absolute + CAGR) as on 15-Apr-2025.
Franklin India Technology Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.63% | -1.63% |
6 Month Returns | -17.18% | -17.18% |
1 Year Returns | -0.15% | -0.15% |
3 Years Returns | 43.63% | 12.83% |
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0.96% as on March 2025
₹1754 Cr as on March 2025
Infosys Ltd(20.08%), Tata Consultancy Services Ltd(15.72%), Bharti Airtel Ltd(13.16%), Eternal Ltd(5.83%), PB Fintech Ltd(4.69%) as on March 2025
Tech(61.64%), Communication(17.82%), Consumer Cyclical(9.66%) as on March 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 | -4.05 | 8.37 | 5.92 |
As on March 2025
The alpha for Franklin India Technology Fund Direct Growth is calculated against S&P BSE TECK 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 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 | 0.86 | 0.9 | 0.86 |
As on March 2025
The Beta for Franklin India Technology Fund Direct Growth is calculated with S&P BSE TECK 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 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 | 0.43 | 1.17 |
As on March 2025
The sharpe ratio for Franklin India Technology Fund Direct Growth is calculated with S&P BSE TECK 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 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 | 18.19 | 18.62 |
As on March 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 0.67 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.12 as on March 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%