Franklin India Prima Fund
Annualised Returns As of 30/06/2021
Minimum Investment/Multiples for Fresh Purchase (INR)
5000/1
Additional Investment/Multiples thereof (INR)
1000/1
Over 260,000 Unique Investors (As of 30/06/2021)
Why should you invest in Franklin India Prima Fund?
- The fund focuses on investing predominantly in mid-cap companies which tend to exhibit higher growth rates than well-established large sized companies
- It aims to identify companies at an early stage of the business life cycle as they have a greater potential for growth
- 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
- Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% 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.
Top 10 companies and sectors where the fund has invested as on 30/06/2021 are given below*:
- Crompton Greaves Consumer Electricals Ltd. (Consumer Durables & Apparel)
- Ramco Cements Ltd. (Materials)
- HDFC Bank Ltd. (Banks)
- Info Edge India Ltd. (Media & Entertainment)
- Bharat Electronics Ltd. (Capital Goods)
- ICICI Bank Ltd. (Banks)
- Voltas Ltd. (Capital Goods)
- Balkrishna Industries Ltd. (Automobiles & Components)
- City Union Bank Ltd. (Banks)
- Federal Bank Ltd. (Banks)
What is the “Ideal Investment Horizon” while investing in this fund?
The recommended investment horizon is “5 years or more”
Alternative To
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Investments in predominantly Mid-Cap Companies
Suitable For
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Retirement Corpus
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Long Term Wealth Creation
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Education Corpus
Fund Video
Fund Information
- Inception 01/12/1993
- 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 28/07/2021
- Growth 1,418.0063
- IDCW 68.3216
- Direct-Growth 1,543.1059
- Direct-IDCW 78.0250
- Additional Fund Information as on 30/06/2021
- Fund Size in INR (CR) 7694.73
- Portfolio Turnover 18.95%
- Expense Ratio [#] 2.12
- Expense Ratio (Direct) [#] 1.05
- Benchmark(s) Nifty Midcap 150INST2::Nifty 50
- Fund Manager Janakiraman Rengaraju, Hari Shyamsunder & Mayank Bukrediwala
Product Label
This product is suitable for Investors who are seeking*:
- Long term capital appreciation
- A fund that primarily invests in mid-cap stocks
*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.
[##]IDCW - Income Distribution cum Capital Withdrawal
* 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.
** 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.