Annualised Returns As of 31/12/2019
Minimum Investment/Multiples for Fresh Purchase (INR)
5000/1
Additional Investment/Multiples thereof (INR)
1000/1
Over 225,000 Unique Investors (As of 31/12/2019)
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
- 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.
Top 10 companies and sectors where the fund has invested as on 30/11/2019 are given below*:
- HDFC Bank Ltd. (Banks)
- Kotak Mahindra Bank Ltd. (Banks)
- Kansai Nerolac Paints Ltd. (Materials)
- Voltas Ltd. (Capital Goods)
- Indian Hotels Co. Ltd. (Consumer Services)
- Ramco Cements Ltd. (Materials)
- City Union Bank Ltd. (Banks)
- Tata Chemicals Ltd. (Materials)
- Bharat Petroleum Corp. Ltd. (Energy)
- Wabco India Ltd. (Automobiles & Components)
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
Franklin India Prima Fund is a diversified equity portfolio mainly investing in mid-cap stocks. It identifies companies at an early stage and of their business cycle as the growth potential in such companies is greater. This fund is suitable if you are looking for long term wealth creation. You should consider investing in this fund if your investment horizon is 5 years or more. To know more about Franklin India Prima Fund, watch the video below.
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 16/01/2020
- Growth 998.2114
- Dividend 57.5178
- Direct-Growth 1,072.6982
- Direct-Dividend 63.5946
- Additional Fund Information as on 31/12/2019
- Fund Size in INR (CR) 7583.3
- Portfolio Turnover 17.90%
- Standard Deviation 3.84%
- Beta 0.70
- Sharpe Ratio ** 0.31
- RSquared Ratio 0.86
- Risk-free Rate 5.26%
- Expense Ratio [#] 1.92
- Expense Ratio (Direct) [#] 1.02
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Benchmark(s)
Nifty 50
Nifty Midcap 150 - Fund Manager Janakiraman Rengaraju, Hari Shyamsunder & Pyari Menon
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.
* 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.