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Franklin India Equity Advantage Fund (erstwhile Franklin India Flexi Cap Fund)##

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 30/04/2022
15.52%
Minimum Investment/Multiples for Fresh Purchase (INR)

5000/1

Additional Investment/Multiples thereof (INR)

1000/1

Over 137,000 Unique Investors (As of 31/03/2022)
Why should you invest in Franklin India Equity Advantage Fund (erstwhile Franklin India Flexi Cap Fund)?
  • The fund invests minimum 35% in large-cap and minimum 35% in mid-cap companies.
  • The remaining 30% allocation can be across large, mid and small cap companies and debt and money market instruments, depending upon the fund managers’ view on which type of companies have relatively better growth potential
  • The fund has consistently declared a dividend every year for the last 13 years
What are the “Tax Benefits” of investing in this fund?**
  • Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months^
  • Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months
  • Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.

^ Capital gain accrued up to January 31, 2018 is exempt form LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018.

Top 10 companies and sectors where the fund has invested as on 30/04/2022 are given below*:
  • HDFC Bank Ltd. (Banks)
  • HCL Technologies Ltd. (Software & Services)
  • Infosys Ltd. (Software & Services)
  • IPCA Laboratories Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)
  • Max Financial Services Ltd. (Insurance)
  • ICICI Bank Ltd. (Banks)
  • United Breweries Ltd. (Food, Beverage & Tobacco)
  • Ashok Leyland Ltd. (Capital Goods)
  • Dalmia Bharat Ltd. (Materials)
  • Voltas Ltd. (Capital Goods)
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What is the “Ideal Investment Horizon” while investing in this fund?

5 years and above

Alternative To

  • Investments in Predominantly Large and Mid-Cap Companies

Suitable For

  • Retirement Corpus

  • Long Term Wealth Creation

  • Education Corpus

Fund Video

Fund Information

  • Inception 02/03/2005
  • Entry Load Nil
  • Exit Load In respect of each purchase of units - 1% if the units are redeemed/switched-out within one year of allotment
  • NAV in INR as on 20/05/2022
  • Growth 111.8009
  • IDCW 16.4640
  • Direct-Growth 119.9772
  • Direct-IDCW 18.4050
  • Additional Fund Information as on 30/04/2022
  • Fund Size in INR (CR) 2714.52
  • Standard Deviation 7.30 %
  • Beta 0.97
  • Sharpe Ratio ** 0.41
  • RSquared Ratio 0.86
  • Risk-free Rate 3.93%
  • Expense Ratio [#] 2.11
  • Expense Ratio (Direct) [#] 1.40
  • Benchmark(s) Nifty LargeMidcap 250 IndexINST2::Nifty 50
  • Fund Manager Venkatesh Sanjeevi, Janakiraman Rengaraju & Sandeep Manam
Product Label
This product is suitable for Investors who are seeking*:
  • Long term capital appreciation
  • A fund that primarily invests in large and mid-cap stocks
Very High

*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.

Riskometer of Benchmark: NIFTY LargeMidcap 250

Very High

[##]IDCW - Income Distribution cum Capital Withdrawal

## Effective June 4, 2018.

* All portfolio holdings are subject to change. The information stated above does not constitute an investment advice or recommendation to subscribe or transact in these securities.

** Annualized risk free rate assumed to be FIBL Overnight MIBOR

[#] The rates specified are the actual expenses charged as at the end of the month. The above ratio includes the GST on Investment management fees. The above expense also includes proportionate charge in respect sales of beyond T-30 cities subject to maximum of 30 bps on daily net assets wherever applicable.

** The information given here is neither a complete disclosure of every material fact of Income-tax Act 1961 nor does it constitute tax or legal advice. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.