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Franklin India Smaller Companies Fund

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 31/12/2020
12.60%
Minimum Investment/Multiples for Fresh Purchase (INR)

5000/1

Additional Investment/Multiples thereof (INR)

1000/1

Over 450,000 Unique Investors (As of 31/12/2020)
Why should you invest in Franklin India Smaller Companies Fund?
  • The fund focuses on investing predominantly in small cap companies.
  • It focuses on identifying high growth companies that are likely to transform into tomorrow’s market leaders resulting in capital appreciation over time
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 31/12/2020 are given below*:
  • Deepak Nitrite Ltd. (Materials)
  • HDFC Bank Ltd. (Banks)
  • Vardhman Textiles Ltd. (Consumer Durables & Apparel)
  • Jyothy Labs Ltd. (Household & Personal Products)
  • CCL Products India Ltd. (Food, Beverage & Tobacco)
  • Infosys Ltd. (Software & Services)
  • Brigade Enterprises Ltd. (Real Estate)
  • Cyient Ltd. (Software & Services)
  • Nesco Ltd. (Real Estate)
  • J.B. Chemicals & Pharmaceuticals Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)
What is the “Ideal Investment Horizon” while investing in this fund?

The recommended investment horizon is “5 years or more”

Alternative To
  • Investments in predominantly Small Cap Companies

Suitable For
  • Retirement Corpus

  • Long Term Wealth Creation

  • Education Corpus

Fund Video

Franklin India Smaller Companies Fund is a diversified equity portfolio mainly investing in small-cap stocks. It identifies companies that would be leading companies in the future. 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 Smaller Companies Fund, watch the video below.

Fund Information

  • Inception 13/01/2006
  • Entry Load Nil
  • Exit Load 1% if the units are redeemed/switched-out within one year of allotment
  • NAV in INR as on 15/01/2021
  • Growth 61.8801
  • Dividend 26.0738
  • Direct-Growth 67.4390
  • Direct-Dividend 29.2766
  • Additional Fund Information as on 31/12/2020
  • Fund Size in INR (CR) 6216.37
  • Portfolio Turnover 19.08%
  • Standard Deviation 7.81 %
  • Beta 0.82
  • Sharpe Ratio ** -0.22
  • RSquared Ratio 0.91
  • Risk-free Rate 3.51%
  • Expense Ratio [#] 1.88
  • Expense Ratio (Direct) [#] 1.07
  • Benchmark(s) Nifty Smallcap 250INST2::Nifty 50
  • Fund Manager Janakiraman Rengaraju, Pyari Menon & Hari Shyamsunder
Product Label
This product is suitable for Investors who are seeking*:
  • Long term capital appreciation
  • A fund that invests primarily in small cap companies
”Very High

*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.

** Annualized risk free rate assumed to be FIBL Overnight MIBOR

[#] 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.