Franklin India Equity Savings Fund
As on April 30, 2025
Franklin India Equity Savings Fund
As on April 30, 2025
TYPE OF SCHEME

An open-ended scheme investing in equity,arbitrage and fixed income
SCHEME CATEGORY

Equity Savings Fund
SCHEME CHARACTERISTICS

65-90% Equity, 10-35% Debt
INVESTMENT OBJECTIVE

The Scheme intends to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments. The Scheme also intends to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies. There can be no assurance that the investment objective of the scheme will be realized.
DATE OF ALLOTMENT:

August 27, 2018
FUND MANAGER(S):

Rajasa Kakulavarapu (Equity)
Venkatesh Sanjeevi (w.e.f. October 4, 2024)
Anuj Tagra (w.e.f. April 30, 2024) (Fixed Income)
Rohan Maru (w.e.f. October 10, 2024)
Sandeep Manam
(dedicated for making investments for Foreign Securities)

BENCHMARK:

Nifty Equity Savings Index
TURNOVER

Total Portfolio Turnover$
699.33%
Portfolio Turnover (Equity)**
913.38%
$ Includes fixed income securities and equity derivatives
** Computed for equity portion of the portfolio including equity derivatives
MATURITY & YIELD$

RESIDUAL MATURITY / AVERAGE MATURITY5.62 years
ANNUALISED PORTFOLIO YTM#6.78%
MODIFIED DURATION3.80 years
MACAULAY DURATION3.99 years
#Yields of all securities are in annualised terms
$ Calculated based on debt holdings in the portfolio
EXPENSE RATIO#: 1.12%
EXPENSE RATIO# (DIRECT) : 0.38%
# The above ratio includes the GST on Investment Management Fees. The rates specified are the actual expenses charged as at the end of the month. The above ratio also includes, proportionate charge in respect sales beyond T-30 cities subject to maximum of 30 bps on daily net assets, wherever applicable.

MINIMUM INVESTMENT/
MULTIPLES FOR NEW INVESTORS:

Plan A Rs 5000/1
MINIMUM INVESTMENT FOR SIP

Rs 500/1
ADDITIONAL INVESTMENT/
MULTIPLES FOR EXISTING INVESTORS:

Plan A Rs1000/1
LOAD STRUCTURE:

Plan A
Entry Load
: Nil
Exit Load (for each purchase of Units) : Nil (effective October 11, 2021)
* This no load redemption limit is applicable on a yearly basis (from the date of allotment of such units) and the limit not availed during a year shall not be clubbed or carried forward to the next year
Different plans have a different expense structure


NAV AS OF APRIL 30, 2025

Growth Plan Rs 16.1102
IDCW Plan Rs 13.9384
Monthly IDCW PlanRs 13.2893
Quarterly IDCW Plan Rs 12.4422
Direct - Growth Plan Rs 17.5768
Direct - IDCW Plan Rs 15.2763
Direct - Monthly IDCW Plan Rs 13.8673
Direct - Quarterly IDCW Plan Rs 13.8872
As per the addendum dated March 31, 2021, the Dividend Plan has been renamed to Income Distribution cum capital withdrawal (IDCW) Plan with effect from April 1, 2021
FUND SIZE (AUM)

Month End Rs671.64 crores
Monthly Average Rs653.68 crores
Outstanding exposure in
derivative instruments
Rs 331.87 crores
Outstanding derivative exposure 49.41%
Company NameNo. of sharesMarket Value
Rs Lakhs
% of Assets Outstanding derivative exposure as % to net assets Long / (Short )
Aerospace & Defense
Hindustan Aeronautics Ltd 42,000 1,884.92 2.81 -2.82
Bharat Electronics Ltd 26,000 81.67 0.12
Agricultural Food & Other Products
Marico Ltd 18,000 127.88 0.19
Automobiles
Mahindra & Mahindra Ltd 37,100 1,086.58 1.62 -1.62
Tata Motors Ltd 87,000 560.50 0.83 -0.50
Hero MotoCorp Ltd 12,150 465.03 0.69 -0.69
Maruti Suzuki India Ltd 3,000 367.71 0.55
Banks
Axis Bank Ltd* 2,47,500 2,932.88 4.37 -4.03
HDFC Bank Ltd* 1,51,200 2,910.60 4.33 -2.06
ICICI Bank Ltd* 1,60,100 2,284.63 3.40 -2.21
Kotak Mahindra Bank Ltd 1,00,000 2,208.10 3.29 -3.30
IndusInd Bank Ltd 92,500 775.52 1.15 -1.15
Bank of Baroda 2,63,250 657.94 0.98 -0.98
State Bank of India 42,700 336.75 0.50
Bandhan Bank Ltd 1,37,200 227.23 0.34 -0.34
Canara Bank 2,22,750 217.07 0.32 -0.32
Beverages
Varun Beverages Ltd 76,125 397.64 0.59 -0.59
United Spirits Ltd 19,500 304.96 0.45
Cement & Cement Products
Ultratech Cement Ltd 6,500 756.67 1.13 -0.87
Ambuja Cements Ltd 76,500 412.87 0.61 -0.62
ACC Ltd 4,500 84.96 0.13 -0.13
Commercial Services & Supplies
Teamlease Services Ltd 2,499 47.25 0.07
Construction
Larsen & Toubro Ltd 44,100 1,473.38 2.19 -0.43
Consumable Fuels
Coal India Ltd 5,250 20.23 0.03 -0.03
Consumer Durables
Titan Co Ltd 21,175 715.65 1.07 -1.07
Crompton Greaves Consumer Electricals Ltd 88,000 296.82 0.44
Havells India Ltd 8,000 128.08 0.19 -0.19
Diversified Fmcg
Hindustan Unilever Ltd 36,300 850.18 1.27 -0.85
Ferrous Metals
Tata Steel Ltd 55,000 77.04 0.11 -0.12
JSW Steel Ltd 1,350 13.90 0.02 -0.02
Finance
Power Finance Corporation Ltd 1,23,500 503.14 0.75 -0.75
Jio Financial Services Ltd 1,65,000 429.69 0.64 -0.64
Cholamandalam Investment and Finance Co Ltd 23,000 343.21 0.51
Bajaj Finserv Ltd 12,500 243.95 0.36 -0.36
REC Ltd 50,000 210.05 0.31 -0.31
Financial Technology (Fintech)
PB Fintech Ltd 30,000 487.59 0.73
Healthcare Services
Apollo Hospitals Enterprise Ltd 13,750 959.34 1.43 -0.86
Insurance
HDFC Life Insurance Co Ltd 1,32,300 983.92 1.46 -0.90
IT - Software
Infosys Ltd* 1,54,000 2,310.15 3.44 -2.15
Tech Mahindra Ltd 60,100 903.30 1.34 -1.16
HCL Technologies Ltd 25,000 391.88 0.58
Coforge Ltd 675 49.31 0.07 -0.07
Leisure Services
Jubilant Foodworks Ltd 14,500 103.73 0.15
Sapphire Foods India Ltd 22,000 69.63 0.10
Non - Ferrous Metals
Hindalco Industries Ltd 16,800 104.94 0.16 -0.16
Oil
Oil & Natural Gas Corporation Ltd 28,400 69.42 0.10
Petroleum Products
Reliance Industries Ltd* 1,90,000 2,669.50 3.97 -3.48
Hindustan Petroleum Corporation Ltd 3,19,950 1,211.65 1.80 -1.81
Bharat Petroleum Corporation Ltd 1,63,800 507.86 0.76 -0.76
Indian Oil Corporation Ltd 1,65,750 228.50 0.34 -0.34
Pharmaceuticals & Biotechnology
Cipla Ltd 29,250 453.40 0.68 -0.68
Sun Pharmaceutical Industries Ltd 14,000 256.52 0.38 -0.38
Biocon Ltd 55,000 176.99 0.26 -0.26
Power
NTPC Ltd* 7,55,000 2,676.85 3.99 -2.77
Tata Power Co Ltd 2,25,450 866.63 1.29 -1.30
Power Grid Corporation of India Ltd 1,33,200 409.52 0.61 -0.61
Realty
Godrej Properties Ltd 16,875 364.75 0.54 -0.54
Retailing
Eternal Ltd 2,25,000 523.17 0.78
Telecom - Services
Bharti Airtel Ltd 1,07,425 2,002.94 2.98 -2.10
Indus Towers Ltd 2,17,302 887.03 1.32 -0.91
Vodafone Idea Ltd 96,00,000 683.52 1.02 -1.02
Transport Infrastructure
Adani Ports and Special Economic Zone Ltd 6,400 77.86 0.12 -0.12
Total Equity Holdings 44,864.59 66.80 -49.41
Company Name Company Ratings Market Value (including accrued interest, if any) (Rs. in Lakhs) % of Assets
Bajaj Finance Ltd* IND AAA 3,113.27 4.64
Bharti Telecom Ltd* CRISIL AA+ 2,644.13 3.94
Mankind Pharma Ltd* CRISIL AA+ 2,546.04 3.79
Poonawalla Fincorp Ltd CRISIL AAA 1,004.61 1.50
Total Corporate Debt 9,308.05 13.86
REC Ltd CRISIL AAA 272.40 0.41
Total PSU/PFI Bonds 272.40 0.41
7.37% GOI 2028 (23-OCT-2028)* SOVEREIGN 2,605.86 3.88
7.06% GOI 2028 (10-APR-2028) SOVEREIGN 1,031.04 1.54
182 DTB (05-JUN-2025) SOVEREIGN 994.40 1.48
7.10% West Bengal SDL (26-Mar-2047) SOVEREIGN 519.76 0.77
7.10% West Bengal SDL (26-Mar-2046) SOVEREIGN 518.85 0.77
7.10% Rajasthan SDL (26-Mar-2043) SOVEREIGN 518.50 0.77
7.10% West Bengal SDL (26-Mar-2045) SOVEREIGN 517.38 0.77
7.09% Haryana SDL (26-Mar-2040) SOVEREIGN 465.99 0.69
7.08% Haryana SDL (26-Mar-2039) SOVEREIGN 244.65 0.36
Total Gilts 7,416.43 11.04
Total Debt Holdings 16,996.88 25.31
 
Total Holdings 61,861.47 92.10
Margin on Derivatives 2,620.28 3.90
Call,cash and other current asset 2,682.67 3.99
Total Asset 67,164.42 100.00
* Top 10 holdings

@ Reverse Repo : 4.08%, Others (Cash/ Subscription receivable/ Redemption payable/ Receivables on sale/Payable on Purchase/ Other Receivable / Other Payable) : -0.09%



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