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Franklin India Feeder - Franklin European Growth Fund

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 30/09/2018
Minimum Investment/Multiples for Fresh Purchase (INR)

5000/1

Additional Investment/Multiples thereof (INR)

1000/1

Over 2,500 Unique Investors (As of 30/09/2018)
Why should you invest in Franklin India Feeder - Franklin European Growth Fund?
  • This fund gives Indian investors an opportunity to invest in European companies through Franklin European Growth Fund
  • Franklin European Growth Fund aims to identify companies, across market capitalizations, that have sustainable competitive advantages, strong balance sheet and are available at attractive valuations
What are the “Tax Benefits” of investing in this fund?
  • Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
  • Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months
  • Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person.^^
  • In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

^^ The DDT is to be paid by the mutual fund after grossing-up income distributed to the investor.

What is the “Ideal Investment Horizon” while investing in this fund?

The recommended investment horizon is “5 years or more”

Alternative To
  • Investments in European companies

Suitable For
  • Retirement Corpus

  • Long Term Wealth Creation

  • Overseas Diversification of Assets

Fund Video

Franklin India Feeder - Franklin European Growth Fund is an international fund. It is a fund of funds investing predominantly in units of Franklin European Growth Fund, an overseas equity fund. It invests in the stocks of European companies through Franklin European Growth Fund. This fund provides long term capital gains. The ideal investment horizon is 5 years or more. To know more about Franklin India Feeder - Franklin European Growth Fund, watch the video below.

Fund Information

  • Inception 16/05/2014
  • Entry Load Nil
  • Exit Load 1% if redeemed/switched-out within three years of allotment
  • NAV in INR as on 13/11/2018
  • Growth 9.69
  • Dividend 9.69
  • Direct-Growth 10.28
  • Direct-Dividend 10.28
  • Additional Fund Information as on 30/09/2018
  • Fund Size in INR (CR) 19.84
  • Portfolio Turnover 7.54%
  • Expense Ratio [#] 1.96
  • Expense Ratio (Direct) [#] 0.61
  • Benchmark(s) MSCI Europe Index
  • Fund Manager Srikesh Karunakaran Nair & Robert Mazzuoli
Product Label
This product is suitable for Investors who are seeking*:
  • Long term capital appreciation
  • A Fund of Funds investing in an overseas equity fund having exposure to Europe
High

*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.

[#] 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.