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Franklin India Equity Hybrid Fund (erstwhile Franklin India Balanced Fund)##

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 30/06/2020
12.39%
Minimum Investment/Multiples for Fresh Purchase (INR)

5000/1

Additional Investment/Multiples thereof (INR)

1000/1

Over 50,000 Unique Investors (As of 30/06/2020)
Why should you invest in Franklin India Equity Hybrid Fund (erstwhile Franklin India Balanced Fund)?
  • As the name suggests, this fund invests in both Equities (65-80% of its assets) and Fixed Income Instruments (20-35% of its assets)
  • As an investor it helps you strike an equilibrium between growth and stability
  • It maintains a diversified portfolio of equities to achieve growth combined with a fixed income component to act as a cushion to the inherent volatility in equities
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
  • Dividends shall be taxable in the hands of investors and the mutual fund will deduct TDS @ 7.5%^^ 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.

^^ In accordance with the Central Board of Direct Taxes press release dated May 13, 2020, the mutual fund shall deduct TDS at the rate of 7.50% for resident investor w.e.f. May 14, 2020 till March 31, 2021 (earlier 10% from April 1, 2020 to May 13, 2020).

Top 10 companies and sectors where the fund has invested as on 31/07/2020 are given below*:
  • Infosys Ltd. (Software & Services)
  • Axis Bank Ltd. (Banks)
  • Bharti Airtel Ltd. (Telecommunication Services)
  • ICICI Bank Ltd. (Banks)
  • Power Grid Corp. of India Ltd. (Utilities)
  • 5.79% GOI 2030 (Government)
  • HDFC Bank Ltd. (Banks)
  • Mahindra & Mahindra Ltd. (Automobiles & Components)
  • IndoStar Capital Finance Ltd., FRN, 9.10%, 5/02/23 (Diversified Financials)
  • Tata Power Co. Ltd., r, Perpetual 10.75% to 8/20/72, FRN thereafte (Utilities)
What is the “Ideal Investment Horizon” while investing in this fund?

The recommended investment horizon is “5 years or more”

Alternative To
  • Multi Asset Investments

Suitable For
  • Retirement Corpus

  • Long Term Wealth Creation

  • Education Corpus

Fund Video

Equity hybrid funds are the ones that have a higher percentage of equity component in their debt and equity mix. Franklin India Equity Hybrid Fund, earlier known as Franklin India Balanced Fund invests in a portfolio of equity and fixed income securities.. They are best suited for those who have an investment tenure of 5 years or more. To know more about Franklin India Equity Hybrid Fund, watch the below video.

Fund Information

  • Inception 10/12/1999
  • Entry Load Nil
  • Exit Load
    • - Upto 10% of the Units may be redeemed without any exit load within 1 year from the date of allotment.
    • - Any redemption in excess of the above limit shall be subject to the following exit load:
      • o 1.00% - if redeemed on or before 1 year from the date of allotment
      • o Nil - if redeemed after 1 year from the date of allotment
    Exit Load Illustration
  • NAV in INR as on 10/08/2020
  • Growth 117.4313
  • Dividend 18.6991
  • Direct-Growth 127.5093
  • Direct-Dividend 20.8935
  • Additional Fund Information as on 30/06/2020
  • Fund Size in INR (CR) 1318.67
  • Weighted Average Maturity 2.14 Years
  • Modified Duration [3] 1.76 Years
  • Yield to Maturity [2] 7.25%
  • Expense Ratio [#] 2.23
  • Expense Ratio (Direct) [#] 1.21
  • Benchmark(s) CRISIL Hybrid 35+65 - Aggressive IndexINST2::Nifty 50
  • Fund Manager Sachin Shankar Padwal Desai, Umesh Sharma, Pyari Menon, Lakshmikanth Reddy & Krishna Prasad Natarajan
Product Label
This product is suitable for Investors who are seeking*:
  • Long term capital appreciation with current income
  • A fund that invests both in stocks and fixed income instruments
”Moderately

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

** 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.

## 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.

[2] Pre fund expenses.

[3] Modified duration of floating rate securities is calculated based on the next reset date.