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Franklin India Taxshield

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Annualised Returns As of 31/10/2017
24.00%
Minimum Investment/Multiples for Fresh Purchase (INR)

500/500

Additional Investment/Multiples thereof (INR)

500/500

Over 350,000 Unique Investors (As of 30/09/2017)
Why should you invest in this fund?
  • This fund falls in the category of “Equity Linked Savings Scheme” (ELSS)
  • It offers investors a tax deduction for an investment of upto Rs 1.5 lac which is allowed under Sec 80 C of Income tax Act 1961 (subject to a lock in period of 3 years)
  • Franklin India Taxshield aims to provide long term capital appreciation by maintaining a diversified portfolio of companies across different sizes and sectors
What are the “Tax Benefits” of investing in this fund?
  • The long term capital gains (LTCG) tax, if you stay invested for more than 12 months, is “Nil”
  • The dividends declared are "Tax Free” and carry “NIL” Dividend Distribution Tax
  • Investments upto Rs.1.5 lakh will qualify for tax benefits under section 80C subject to a lock-in period of 3 years
Top 10 companies and sectors where the fund has invested as on 31/10/2017 are given below*:
  • HDFC Bank Ltd. (Banks)
  • Mahindra & Mahindra Ltd. (Automobiles & Components)
  • Bharti Airtel Ltd. (Telecommunication Services)
  • Hindustan Unilever Ltd. (Household & Personal Products)
  • NTPC Ltd. (Utilities)
  • Axis Bank Ltd. (Banks)
  • State Bank of India (Banks)
  • Yes Bank Ltd. (Banks)
  • IndusInd Bank Ltd. (Banks)
  • Power Grid Corp. of India Ltd. (Utilities)
What is the “Ideal Investment Horizon” while investing in this fund?

The recommended investment horizon is “5 years or more”

Alternative To
  • Tax Saving Instruments

Suitable For
  • Long Term Wealth Creation

  • Tax Saving

Fund Video

Fund Information

  • Inception 10/04/1999
  • Entry Load Nil
  • Exit Load Nil
  • NAV in INR as on 24/11/2017
  • Growth 553.66
  • Dividend 48.18
  • Direct-Growth 577.21
  • Direct-Dividend 50.58
  • Additional Fund Information as on 31/10/2017
  • Fund Size in INR (CR) 3367.16
  • Portfolio Turnover 24.08%
  • Standard Deviation 3.57%
  • Beta 0.84
  • Sharpe Ratio ** 0.55
  • RSquared Ratio 0.86
  • Risk-free Rate 6.00%
  • Expense Ratio [#] 2.35
  • Expense Ratio (Direct) [#] 1.27
  • Benchmark(s) Nifty 50
    Nifty 500
  • Fund Manager Lakshmikanth Reddy & Janakiraman Rengaraju
Product Label
This product is suitable for Investors who are seeking*:
  • Long term capital appreciation
  • An ELSS fund offering tax benefits under Section 80C of the Income Tax Act
”Moderately

*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 average charged for the month of October 2017. The above ratio includes the Service tax on Investment management fees. The above expense also includes proportionate charge in respect sales of beyond T-15 cities subject to maximum of 30 bps on daily net assets wherever applicable.