Annualised Returns As of 28/02/2019
Minimum Investment/Multiples for Fresh Purchase (INR)
5000/1
Additional Investment/Multiples thereof (INR)
1000/1
Over 175,000 Unique Investors (As of 31/03/2019)
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
- Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) ^^
^ Capital gain accrued up to January 31st 2018 is exempt form LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018.
^^ The DDT is to be paid by the mutual fund after grossing-up income distributed to the investor.
Top 10 companies and sectors where the fund has invested as on 31/03/2019 are given below*:
- Axis Bank Ltd. (Banks)
- Infosys Ltd. (Software & Services)
- Hindalco Industries Ltd. (Materials)
- Kotak Mahindra Bank Ltd. (Banks)
- Tube Investments of India Ltd. (Insurance)
- HDFC Bank Ltd. (Banks)
- ICICI Bank Ltd. (Banks)
- Mahindra & Mahindra Ltd. (Automobiles & Components)
- Petronet LNG Ltd. (Energy)
- Kansai Nerolac Paints Ltd. (Materials)
What is the “Ideal Investment Horizon” while investing in this fund?
5 years and above
Alternative To
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Investments in Predominantly Large and Mid-Cap Companies
Suitable For
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Retirement Corpus
-
Long Term Wealth Creation
-
Education Corpus
Fund Video
Striking the right kind of balance between large and mid-cap fund is one of the factors that determines the success of equity funds. Franklin India Equity Advantage Fund provides you a diversified equity portfolio investing predominantly in large and mid-cap stocks. If you have an investment horizon of 5 years or more, this equity fund might be the right choice for you. To know all about Franklin India Equity Advantage Fund (earlier known as Franklin India Flexi Cap Fund), watch the below 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 25/04/2019
- Growth 79.3736
- Dividend 15.1478
- Direct-Growth 83.0921
- Direct-Dividend 16.1531
- Additional Fund Information as on 31/03/2019
- Fund Size in INR (CR) 2766.12
- Portfolio Turnover 45.59%
- Standard Deviation 3.51%
- Beta 0.86
- Sharpe Ratio ** 0.17
- RSquared Ratio 0.87
- Risk-free Rate 8.80%
- Expense Ratio [#] 2.13
- Expense Ratio (Direct) [#] 1.39
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Benchmark(s)
Nifty 50
Nifty 500 - Fund Manager Lakshmikanth Reddy, Janakiraman Rengaraju & Srikesh Karunakaran Nair
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
*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.
## 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.
[#] 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.