Franklin India Equity Savings Fund
As on March 31, 2025
Franklin India Equity Savings Fund
As on March 31, 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$
694.20%
Portfolio Turnover (Equity)**
898.72%
$ Includes fixed income securities and equity derivatives
** Computed for equity portion of the portfolio including equity derivatives
MATURITY & YIELD$

RESIDUAL MATURITY / AVERAGE MATURITY5.60 years
ANNUALISED PORTFOLIO YTM#7.14%
MODIFIED DURATION3.38 years
MACAULAY DURATION3.54 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 MARCH 31, 2025

Growth Plan Rs 15.9199
IDCW Plan Rs 13.7737
Monthly IDCW Plan Rs 13.1916
Quarterly IDCW Plan Rs 12.2952
Direct - Growth Plan Rs 17.3585
Direct - IDCW Plan Rs 15.0866
Direct - Monthly IDCW Plan Rs 13.7644
Direct - Quarterly IDCW Plan Rs 13.7148
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 Rs637.00 crores
Monthly Average Rs633.01 crores
Outstanding exposure in
derivative instruments
Rs 309.31 crores
Outstanding derivative exposure 48.56%
Company NameNo. of sharesMarket Value
Rs Lakhs
% of Assets Outstanding derivative exposure as % to net assets Long / (Short )
Aerospace & Defense
Hindustan Aeronautics Ltd 29,700 1,240.70 1.95 -1.96
Bharat Electronics Ltd 26,000 78.34 0.12
Agricultural Food & Other Products
Marico Ltd 18,000 117.30 0.18
Automobiles
Mahindra & Mahindra Ltd 48,825 1,301.58 2.04 -2.05
Tata Motors Ltd 87,000 586.77 0.92 -0.55
Hero MotoCorp Ltd 12,150 452.34 0.71 -0.71
Maruti Suzuki India Ltd 3,000 345.66 0.54
Banks
HDFC Bank Ltd* 1,51,200 2,764.24 4.34 -2.06
Axis Bank Ltd* 2,47,500 2,727.45 4.28 -3.95
Kotak Mahindra Bank Ltd* 1,00,000 2,171.20 3.41 -3.42
ICICI Bank Ltd 1,60,100 2,158.71 3.39 -2.20
State Bank of India 2,74,450 2,117.38 3.32 -2.82
IndusInd Bank Ltd 1,03,737 674.13 1.06 -0.95
Bank of Baroda 2,63,250 601.61 0.94 -0.95
Bandhan Bank Ltd 1,37,200 200.70 0.32 -0.32
Canara Bank 2,22,750 198.25 0.31 -0.31
Beverages
Varun Beverages Ltd 76,125 410.81 0.64 -0.65
United Spirits Ltd 19,500 273.25 0.43
Cement & Cement Products
Ultratech Cement Ltd 6,500 748.12 1.17 -0.91
Ambuja Cements Ltd 76,500 411.84 0.65 -0.65
ACC Ltd 4,500 87.42 0.14 -0.14
Commercial Services & Supplies
Teamlease Services Ltd 2,499 45.24 0.07
Construction
Larsen & Toubro Ltd 44,100 1,540.10 2.42 -0.48
Consumer Durables
Titan Co Ltd 21,175 648.66 1.02 -1.02
Crompton Greaves Consumer Electricals Ltd 88,000 311.48 0.49
Havells India Ltd 8,000 122.31 0.19 -0.19
Diversified Fmcg
Hindustan Unilever Ltd 36,300 819.96 1.29 -0.87
Ferrous Metals
Tata Steel Ltd 55,000 84.83 0.13 -0.13
JSW Steel Ltd 1,350 14.35 0.02 -0.02
Finance
Power Finance Corporation Ltd 1,23,500 511.60 0.80 -0.81
Jio Financial Services Ltd 1,65,000 375.39 0.59 -0.59
Cholamandalam Investment and Finance Co Ltd 23,000 349.59 0.55
Bajaj Finserv Ltd 12,500 250.92 0.39 -0.40
REC Ltd 50,000 214.60 0.34 -0.34
Financial Technology (Fintech)
PB Fintech Ltd 30,000 476.93 0.75
Healthcare Services
Apollo Hospitals Enterprise Ltd 12,375 818.75 1.29 -0.72
Insurance
HDFC Life Insurance Co Ltd 1,32,300 907.18 1.42 -0.88
IT - Software
Infosys Ltd* 1,54,000 2,418.80 3.80 -2.38
HCL Technologies Ltd 35,000 557.38 0.88
Tech Mahindra Ltd 22,600 320.52 0.50
Leisure Services
Jubilant Foodworks Ltd 14,500 96.33 0.15
Sapphire Foods India Ltd 22,000 64.78 0.10
Non - Ferrous Metals
Hindalco Industries Ltd 16,800 114.65 0.18 -0.18
Oil
Oil & Natural Gas Corporation Ltd 28,400 69.97 0.11
Petroleum Products
Reliance Industries Ltd* 1,75,000 2,231.43 3.50 -3.34
Hindustan Petroleum Corporation Ltd 3,19,950 1,152.94 1.81 -1.81
Bharat Petroleum Corporation Ltd 1,63,800 456.13 0.72 -0.72
Indian Oil Corporation Ltd 1,65,750 211.66 0.33 -0.33
Pharmaceuticals & Biotechnology
Cipla Ltd 29,250 421.84 0.66 -0.66
Sun Pharmaceutical Industries Ltd 14,000 242.86 0.38 -0.38
Biocon Ltd 55,000 187.94 0.30 -0.30
Power
NTPC Ltd 3,80,000 1,358.88 2.13 -0.83
Tata Power Co Ltd 2,25,450 846.34 1.33 -1.33
Power Grid Corporation of India Ltd 1,33,200 386.75 0.61 -0.61
Retailing
Zomato Ltd 2,25,000 453.83 0.71
Telecom - Services
Bharti Airtel Ltd* 1,68,225 2,916.01 4.58 -3.73
Indus Towers Ltd 2,17,302 726.44 1.14 -0.79
Transport Infrastructure
Adani Ports and Special Economic Zone Ltd 6,400 75.71 0.12 -0.12
Total Equity Holdings 42,470.88 66.67 -48.56
Company Name Company Ratings Market Value (including accrued interest, if any) (Rs. in Lakhs) % of Assets
Bajaj Finance Ltd* IND AAA 3,066.15 4.81
Mankind Pharma Ltd* CRISIL AA+ 2,612.16 4.10
Bharti Telecom Ltd* CRISIL AA+ 2,607.75 4.09
Total Corporate Debt 8,286.07 13.01
REC Ltd CRISIL AAA 272.47 0.43
Total PSU/PFI Bonds 272.47 0.43
7.37% GOI 2028 (23-OCT-2028)* SOVEREIGN 2,653.63 4.17
7.06% GOI 2028 (10-APR-2028) SOVEREIGN 1,050.34 1.65
182 DTB (05-JUN-2025) SOVEREIGN 988.70 1.55
7.10% WEST BENGAL SDL 26-MAR-45 SOVEREIGN 504.75 0.79
7.10% RAJASTHAN SDL 26-MAR-43 SOVEREIGN 504.56 0.79
7.10% WEST BENGAL SDL 26-MAR-47 SOVEREIGN 503.74 0.79
7.10% WEST BENGAL SDL 26-MAR-46 SOVEREIGN 503.20 0.79
7.09% HARYANA SDL 26-MAR-40 SOVEREIGN 456.09 0.72
7.08% HARYANA SDL 26-MAR-39 SOVEREIGN 239.22 0.38
Total Gilts 7,404.23 11.62
Total Debt Holdings 15,962.77 25.06
 
Total Holdings 58,433.65 91.73
Margin on Derivatives 2,684.91 4.21
Call,cash and other current asset 2,580.98 4.05
Total Asset 63,699.53 100.00
* Top 10 holdings

@ Reverse Repo : 5.06%, Others (Cash/ Subscription receivable/ Redemption payable/ Receivables on sale/Payable on Purchase/ Other Receivable / Other Payable) : -1.01%



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