Please wait...
Please wait...

Franklin India Equity Fund (erstwhile Franklin India Prima Plus)##

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 31/12/2019
Minimum Investment/Multiples for Fresh Purchase (INR)


Additional Investment/Multiples thereof (INR)


Over 400,000 Unique Investors (As of 31/12/2019)
Why should you invest in Franklin India Equity Fund (erstwhile Franklin India Prima Plus)?
  • The fund has the flexibility to invest across large, mid and small sized companies.
  • It aims to manage the market cap allocations based on relative opportunities available.
  • The fund has consistently declared a dividend every year for the last 20 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.

What is the “Ideal Investment Horizon” while investing in this fund?

The recommended investment horizon is “5 years or more”

Alternative To
  • Investments in Large, Mid and Small Cap Companies

Suitable For
  • Retirement Corpus

  • Long Term Wealth Creation

  • Education Corpus

Fund Video

If your investment horizon is of 5 years or more, investing in multi cap equity funds would be a good choice. Franklin India Equity Fund does just that. It gives you a diversified equity portfolio investing predominantly in large, mid and small-cap stocks. Watch the video and know all about Franklin India Equity Fund (earlier known as Franklin India Prima Plus).

Fund Information

  • Inception 29/09/1994
  • 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 23/01/2020
  • Growth 604.1929
  • Dividend 36.8950
  • Direct-Growth 645.3227
  • Direct-Dividend 40.0858
  • Additional Fund Information
  • Standard Deviation 3.53%
  • Beta 0.88
  • Sharpe Ratio ** 0.30
  • RSquared Ratio 0.90
  • Risk-free Rate 5.26%
  • Expense Ratio [#] 1.81
  • Expense Ratio (Direct) [#] 1.00
  • Benchmark(s) Nifty 50
    Nifty 500
  • Fund Manager Anand Radhakrishnan, Pyari Menon & Janakiraman Rengaraju
Product Label
This product is suitable for investors who are seeking*:
  • Long term capital appreciation
  • Investing in large, mid and small cap stocks

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

## Effective June 4, 2018.

** 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.