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Franklin India Equity Savings Fund

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Annualised Returns
NA
Minimum Investment/Multiples for Fresh Purchase (INR)

5000/1

Additional Investment/Multiples thereof (INR)

1000/1

Over 0 Unique Investors (As of 30/09/2018)
Why should you invest in Franklin India Equity Savings Fund?
  • Potential for Growth from the net long equity exposure
  • Relatively Lower Volatility and Potential for income owing to predominant fixed income/arbitrage exposure
  • Tax efficiency as the fund is classified as an equity oriented fund with a minimum 65% gross equity exposure
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?

1 year and above

Alternative To
  • Multi Asset Investments

Suitable For
  • Regular Income

  • Reasonable Capital appreciation

Fund Video

Franklin India Equity Savings Fund (FIESF)

Fund Information

  • Inception 27/08/2018
  • Entry Load Nil
  • Exit Load In respect of each purchase of units:
    - Upto 10% of the Units may be redeemed without any exit load in each year from the date of allotment.*
    - Any redemption in excess of the above limit shall be subject to the following exit load:
    • 1% - if redeemed on or before 1 year from the date of allotment
    • Nil - if redeemed after 1 year from the date of allotment

    *This no load redemption limit is applicable on a yearly basis (from the date of allotment of such units) and the limit not availed during a year shall not be clubbed or carried forward to the next year.
  • NAV in INR as on 11/12/2018
  • Growth 9.8002
  • Dividend 9.8002
  • Monthly Dividend 9.8002
  • Quarterly Dividend 9.8002
  • Direct-Growth 9.8514
  • Direct-Dividend 9.8514
  • Direct-Monthly Dividend 9.8514
  • Direct-Quarterly Dividend 9.8514
  • Additional Fund Information
  • Expense Ratio [#] 2.44
  • Expense Ratio (Direct) [#] 0.48
  • Fund Manager Lakshmikanth Reddy, Sachin Shankar Padwal Desai, Umesh Sharma & Srikesh Karunakaran Nair
Product Label
This product is suitable for Investors who are seeking*:
  • Income generation and capital appreciation over medium to long term
  • Investment in equity and equity related securities including the use of equity derivatives strategies and arbitrage opportunities with balance exposure in debt and money market instruments
Moderate

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

The efficiency of the strategy depends on the availability of arbitrage opportunities in the market. There is no assurance that the scheme will always be able to capture such opportunities. The strategy can be employed when the price of the futures exceeds the price of the underlying stock.

In view of the individual circumstances and risk profile, each investor is advised to consult his/her financial/tax advisor(s) before making a decision to invest.