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Franklin India Technology Fund

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 31/05/2019
18.17%
Minimum Investment/Multiples for Fresh Purchase (INR)

5000/1

Additional Investment/Multiples thereof (INR)

1000/1

Over 15,000 Unique Investors (As of 31/03/2019)
Why should you invest in Franklin India Technology Fund?
  • This Fund invests primarily in technology and technology related companies across market capitalization, in Indian as well as global markets.
  • The endeavor is to invest in companies that are expected to benefit from the development, advancement and use of technology.
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 31/05/2019 are given below*:
  • Infosys Ltd. (Software & Services)
  • Tech Mahindra Ltd. (Software & Services)
  • Tata Consultancy Services Ltd. (Software & Services)
  • Bharti Airtel Ltd. (Telecommunication Services)
  • Vodafone Idea Ltd. (Telecommunication Services)
  • HCL Technologies Ltd. (Software & Services)
  • Franklin Technology Fund, Class J (Diversified Financials)
  • Cognizant Technology Solutions Corp., A (Software & Services)
  • Info Edge India Ltd. (Media & Entertainment)
  • eClerx Services Ltd. (Software & Services)
What is the “Ideal Investment Horizon” while investing in this fund?

The recommended investment horizon is “5 years or more”

Alternative To
  • Investments in Technology and technology related Companies

Suitable For
  • Long Term Wealth Creation

Fund Video

Franklin India Technology Fund is an equity fund that invests in stocks of technology related companies in the global market. 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 Technology Fund, watch the video below.

Fund Information

  • Inception 22/08/1998
  • Entry Load Nil
  • Exit Load 1% if redeemed/switched-out within 1 year of allotment
  • NAV in INR as on 21/06/2019
  • Growth 162.0116
  • Dividend 25.6628
  • Direct-Growth 168.1097
  • Direct-Dividend 26.7595
  • Additional Fund Information as on 31/05/2019
  • Fund Size in INR (CR) 245.74
  • Portfolio Turnover 22.95%
  • Standard Deviation 3.36%
  • Beta 0.65
  • Sharpe Ratio ** 0.44
  • RSquared Ratio 0.73
  • Risk-free Rate 6.00%
  • Expense Ratio [#] 0.0246
  • Expense Ratio (Direct) [#] 0.02
  • Benchmark(s) S&P BSE Information Technology
    Nifty 50
  • Fund Manager Anand Radhakrishnan, Varun Sharma & Srikesh Karunakaran Nair
Product Label
This product is suitable for investors who are seeking*:
  • Long term capital appreciation
  • A fund that invests in stocks of technology and technology related companies
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.