Franklin India ELSS Tax Saver Fund (Erstwhile Franklin India Taxshield)$$
As on April 30, 2025
Franklin India ELSS Tax Saver Fund
(Erstwhile Franklin India Taxshield)$$

As on April 30, 2025
TYPE OF SCHEME

An Open-End Equity Linked Savings Scheme
SCHEME CATEGORY

ELSS
SCHEME CHARACTERISTICS

Min 80% Equity with a statutory lock in of 3 years & tax benefit
INVESTMENT OBJECTIVE

The primary objective for Franklin India ELSS Tax Saver Fund is to provide medium to long term growth of capital along with income tax rebate.
DATE OF ALLOTMENT:

April 10, 1999
FUND MANAGER(S):

R. Janakiraman & Rajasa Kakulavarapu (w.e.f December 1, 2023)
BENCHMARK:

Nifty 500
TURNOVER:

Portfolio Turnover21.78%
VOLATILITY MEASURES (3 YEARS):

Standard Deviation4.07%
Beta0.91
Sharpe Ratio*0.95
* Annualised. Risk-free rate assumed to be 7.20% (FBIL OVERNIGHT MIBOR)
EXPENSE RATIO#: 1.82%
EXPENSE RATIO# (DIRECT) : 1.06%
# 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:

Rs 500/500
MINIMUM INVESTMENT FOR SIP

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

Rs500/500
LOAD STRUCTURE:

Entry Load : Nil
Exit Load (for each purchase of Units): Nil
Different plans have a different expense structure
TAX BENEFITS

Investments will qualify for tax benefits under the section 80C as per the income tax act.
LOCK-IN-PERIOD

All subscriptions in FIT are subject to a lock-in-period of 3 years from the date of allotment and unit holder cannot redeem, transfer, assign or pledge the units during the period.
Scheme specific risk factors: All investments in Franklin India ELSS Tax Saver Fund are subject to a lock-in-period of 3 years from the date of respective allotment and the unit holders cannot redeem, transfer, assign or pledge the units during this period. The Trustee, AMC, their directors of their employees shall not be liable for any of the tax consequences that may arise, in the event that the equity Linked Saving Scheme is wound up before the completion of the lock-in period.
Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme

NAV AS OF APRIL 30, 2025

Growth Plan Rs 1430.7822
IDCW Plan Rs 64.8519
Direct - Growth Plan Rs1592.4665
Direct - IDCW Plan Rs75.0524

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 EndRs6592.42 crores
Monthly AverageRs6364.75 crores
Company NameNo. of sharesMarket Value
Rs Lakhs
% of assets
Aerospace & Defense
Bharat Electronics Ltd 42,32,579 13,294.53 2.02
Agricultural Food & Other Products
Marico Ltd 16,33,734 11,606.86 1.76
Auto Components
Tube Investments of India Ltd 2,41,214 6,991.83 1.06
Amara Raja Energy And Mobility Ltd 3,74,730 3,642.00 0.55
Automobiles
Tata Motors Ltd 20,61,397 13,280.55 2.01
Mahindra & Mahindra Ltd 3,21,590 9,418.73 1.43
Hyundai Motor India Ltd 1,74,054 2,972.15 0.45
Banks
ICICI Bank Ltd* 45,46,914 64,884.46 9.84
HDFC Bank Ltd* 32,60,417 62,763.03 9.52
Axis Bank Ltd* 22,52,948 26,697.43 4.05
Kotak Mahindra Bank Ltd* 9,17,310 20,255.12 3.07
State Bank of India 13,10,706 10,336.88 1.57
IndusInd Bank Ltd 4,90,288 4,110.57 0.62
Beverages
United Spirits Ltd* 12,76,457 19,962.51 3.03
Cement & Cement Products
Grasim Industries Ltd 6,85,013 18,752.23 2.84
JK Lakshmi Cement Ltd 4,35,188 3,381.19 0.51
The Ramco Cements Ltd 3,57,700 3,375.26 0.51
Commercial Services & Supplies
Teamlease Services Ltd 1,10,000 2,079.77 0.32
Construction
Larsen & Toubro Ltd* 8,83,853 29,529.53 4.48
Consumer Durables
Kalyan Jewellers India Ltd 14,36,020 7,417.76 1.13
Ferrous Metals
Tata Steel Ltd 42,28,993 5,923.97 0.90
Finance
Cholamandalam Investment and Finance Co Ltd 5,34,037 7,968.90 1.21
Financial Technology (Fintech)
PB Fintech Ltd 5,50,412 8,945.85 1.36
Gas
GAIL (India) Ltd 44,78,497 8,468.39 1.28
Healthcare Services
Apollo Hospitals Enterprise Ltd 1,94,847 13,594.48 2.06
Household Products
Jyothy Labs Ltd 17,23,096 6,444.38 0.98
Industrial Products
Kirloskar Oil Engines Ltd 10,12,130 7,555.55 1.15
SKF India Ltd 76,241 2,962.50 0.45
IT - Software
Infosys Ltd* 19,22,741 28,843.04 4.38
HCL Technologies Ltd* 14,62,587 22,926.05 3.48
Intellect Design Arena Ltd 6,63,201 5,236.30 0.79
Leisure Services
Jubilant Foodworks Ltd 11,80,000 8,441.72 1.28
Devyani International Ltd 42,00,152 7,503.57 1.14
Lemon Tree Hotels Ltd 36,45,399 4,991.28 0.76
Petroleum Products
Reliance Industries Ltd* 14,49,806 20,369.77 3.09
Indian Oil Corporation Ltd 8,59,795 1,185.31 0.18
Pharmaceuticals & Biotechnology
Lupin Ltd 4,29,940 9,009.82 1.37
Sun Pharmaceutical Industries Ltd 4,47,035 8,191.02 1.24
Cipla Ltd 4,25,000 6,587.93 1.00
Eris Lifesciences Ltd 4,43,906 6,357.18 0.96
Power
NTPC Ltd 35,81,067 12,696.67 1.93
Tata Power Co Ltd 27,27,126 10,483.07 1.59
Realty
Prestige Estates Projects Ltd 4,16,138 5,722.31 0.87
Godrej Properties Ltd 2,62,365 5,671.02 0.86
Retailing
Eternal Ltd 75,00,000 17,439.00 2.65
MedPlus Health Services Ltd 1,22,459 987.20 0.15
Telecom - Services
Bharti Airtel Ltd* 17,86,745 33,313.86 5.05
Indus Towers Ltd 8,08,586 3,300.65 0.50
Textiles & Apparels
Page Industries Ltd 11,750 5,359.76 0.81
Transport Services
Interglobe Aviation Ltd 61,000 3,202.20 0.49
Unlisted
Globsyn Technologies Ltd 3,000 0.00 0.00
Numero Uno International Ltd 2,900 0.00 0.00
Total Equity Holdings 6,24,435.16 94.72
 
Total Holdings 6,24,435.16 94.72
Call,cash and other current asset 34,807.06 5.28
Total Asset 6,59,242.22 100.00
* Top 10 holdings

@ Reverse Repo : 5.34%, Others (Cash/ Subscription receivable/ Redemption payable/ Receivables on sale/Payable on Purchase/ Other Receivable / Other Payable) : -0.06



$$ - Franklin India Taxshield Fund is renamed as Franklin India ELSS Tax Saver Fund effective Dec 22, 2023
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