India

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Franklin India Taxshield

Product Label

This product is suitable for Investors who are seeking*:

  • Long term capital appreciation.
  • An ELSS fund offering tax benefits under Section 80C of the Income Tax Act.
  • High Risk** High risk(BROWN)

Scheme Objectives

 

Is an open end equity linked savings scheme with an objective to provide medium to long term growth of capital along with income tax rebate.

Key Features

  • An open end equity linked savings scheme (ELSS) with an objective to provide long term growth of capital along with tax rebate with at least 80% allocation to equities
  • The fund seeks steady growth by maintaining a diversified portfolio of equities across sectors and market cap range
  • This fund is suitable for investors who would like to take advantage of upto Rs 1 lac deduction allowed under Sec 80 C subject to a lock in period of 3 years
  • Investors that are interested in creating wealth over the long term along with tax savings by taking higher risk (equity) compared to other eligible investment options (fixed income)

Fund Manager

Anand Radhakrishnan
Chennai, India
Anil Prabhudas
Chennai, India

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
**Note: Risk may be represented as:

(BLUE) Investors understand that their principal will be at low risk
(YELLOW) Investors understand that their principal will be at medium risk
(BROWN) Investors understand that their principal will be at high risk
Change Funds
All
As of 17/10/2014

NAV

GrowthRs.358.1456

DividendRs.39.6431

Direct-GrowthRs.362.3775

Direct-DividendRs.40.1419

As of 30/09/2014

Other Information

Total Expense Ratio12.39%

Portfolio Turnover Ratio36.82%


Volatility Measures (3 years)


Standard Deviation4.37

R-Squared0.88

Beta0.89

Sharpe Ratio*0.78


* Annualised. Risk-free rate assumed to be 8.42% (based on average of 3 month T-Bill Rate "during last 3 months")


┬╣Includes service tax on Investment Management fees.