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Franklin India Focused Equity Fund (erstwhile Franklin India High Growth Companies Fund)##

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 31/08/2020
10.68%
Minimum Investment/Multiples for Fresh Purchase (INR)

5000/1

Additional Investment/Multiples thereof (INR)

1000/1

Over 390,000 Unique Investors (As of 30/09/2020)
Why should you invest in Franklin India Focused Equity Fund (erstwhile Franklin India High Growth Companies Fund)?
  • The fund invests in a maximum of 30 stocks with a focus on the Multi-cap space.
  • The fund seeks to achieve capital appreciation through investing predominantly in Indian companies / sectors with high growth potential. Such companies tend to grow earnings at a fast pace and offer a trade-off between growth, risk and valuation
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 30/09/2020 are given below*:
  • ICICI Bank Ltd. (Banks)
  • Axis Bank Ltd. (Banks)
  • ACC Ltd. (Materials)
  • HDFC Bank Ltd. (Banks)
  • Indian Oil Corp. Ltd. (Energy)
  • State Bank of India (Banks)
  • Bharti Airtel Ltd. (Telecommunication Services)
  • UltraTech Cement Ltd. (Materials)
  • Bharat Petroleum Corp. Ltd. (Energy)
  • InterGlobe Aviation Ltd., Reg S (Transportation)
What is the “Ideal Investment Horizon” while investing in this fund?

The recommended investment horizon is “5 years or more”

Alternative To
  • Focused Investments in Companies with High Growth Potential

Suitable For
  • Retirement Corpus

  • Long Term Wealth Creation

  • Education Corpus

Fund Video

Investing in high growth companies can provide investment portfolio with the potential to gain high returns. Franklin India Focused Equity Fund, earlier known as Franklin India High Growth Companies Fund is a focused fund that invests primarily in companies / sectors with higher growth rates or above average potential. Watch the below video to know all about this focused fund.

Fund Information

  • Inception 26/07/2007
  • Entry Load Nil
  • Exit Load 1% if redeemed/switched-out within 1 year from the date of allotment
  • NAV in INR as on 29/10/2020
  • Growth 37.4161
  • Dividend 18.8022
  • Direct-Growth 40.5627
  • Direct-Dividend 21.0597
  • Additional Fund Information
  • Portfolio Turnover 48.86%
  • Expense Ratio [#] 1.89
  • Expense Ratio (Direct) [#] 1.12
  • Benchmark(s) Nifty 500INST2::Nifty 50
  • Fund Manager Roshi Jain, Anand Radhakrishnan & Pyari Menon
Product Label
This product is suitable for Investors who are seeking*:
  • Long term capital appreciation
  • A fund that invests in stocks of companies / sectors with high growth rates or above average potential
”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.