Why should you invest in Franklin India Bluechip Fund?

• Franklin India Bluechip Fund predominantly invests in companies that:
  • Run large and established businesses
  • Have a long track record
  • Enjoy leadership in their respective industries
• The fund has 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
• 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*:

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

The recommended investment horizon is “5 years or more”

Fund Video

Franklin India Bluechip Fund is an equity fund that majorly invests in large established companies. It generally invests in large-cap stocks. 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 Bluechip Fund, watch the video below.