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Franklin India Equity Fund (erstwhile Franklin India Prima Plus)##

'Hi, I came across this interesting fund from Franklin Templeton. Check it out!'
Annualised Returns As of 30/06/2018
18.58%
Minimum Investment/Multiples for Fresh Purchase (INR)

5000/1

Additional Investment/Multiples thereof (INR)

1000/1

Over 400,000 Unique Investors (As of 30/06/2018)
Why should you invest in Franklin India Equity Fund (erstwhile Franklin India Prima Plus)?
  • The fund has the flexibility to invest across large, mid and small sized companies.
  • It aims to manage the market cap allocations based on relative opportunities available.
  • 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 31/05/2018 are given below*:
  • HDFC Bank Ltd. (Banks)
  • Bharti Airtel Ltd. (Telecommunication Services)
  • Mahindra & Mahindra Ltd. (Automobiles & Components)
  • ICICI Bank Ltd. (Banks)
  • Axis Bank Ltd. (Banks)
  • Infosys Ltd. (Software & Services)
  • Yes Bank Ltd. (Banks)
  • Larsen & Toubro Ltd. (Capital Goods)
  • Kotak Mahindra Bank Ltd. (Banks)
  • HCL Technologies 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 Large, Mid and Small Cap Companies

Suitable For
  • Retirement Corpus

  • Long Term Wealth Creation

  • Education Corpus

Fund Video

If your investment horizon is of 5 years or more, investing in multi cap equity funds would be a good choice. Franklin India Equity Fund does just that. It gives you a diversified equity portfolio investing predominantly in large, mid and small-cap stocks. Watch the video and know all about Franklin India Equity Fund (earlier known as Franklin India Prima Plus).

Fund Information

  • Inception 29/09/1994
  • 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 14/08/2018
  • Growth 602.57
  • Dividend 39.73
  • Direct-Growth 635.61
  • Direct-Dividend 42.41
  • Additional Fund Information as on 30/04/2018
  • Fund Size in INR (CR) 11847.71
  • Portfolio Turnover 32.42%
  • Expense Ratio [#] 2.04
  • Expense Ratio (Direct) [#] 0.98
  • Fund Manager Anand Radhakrishnan, Janakiraman Rengaraju & Srikesh Karunakaran Nair
Product Label
This product is suitable for investors who are seeking*:
  • Long term capital appreciation
  • Investing in large, mid and small cap stocks
”Moderately

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

## Effective June 4, 2018.

* 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.