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 Turnover	21.78%
VOLATILITY MEASURES (3 YEARS):
Standard Deviation	4.07%
Beta	0.91
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