Franklin India Equity Advantage Fund Direct Growth

Fund Overview

Fund Size

₹3,491 Cr

Expense Ratio

1.34%

ISIN

INF090I01IN1

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

Franklin India Equity Advantage Fund Direct Growth is a Large & Mid-Cap mutual fund schemes offered by Franklin Templeton Mutual Fund. This fund has been in existence for 12 years and 21 days, having been launched on 01-Jan-13.
As of 20-Jan-25, it has a Net Asset Value (NAV) of ₹195.06, Assets Under Management (AUM) of 3491.35 Crores, and an expense ratio of 1.34%.

Franklin India Equity Advantage Fund Direct Growth has given a CAGR return of 15.13% since inception.
The fund's asset allocation comprises around 97.58% in equities, 0.00% in debts, and 2.42% in cash & cash equivalents.
You can start investing in Franklin India Equity Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+17.34%

+17.99% (Cat Avg.)

3 Years

+12.72%

+16.26% (Cat Avg.)

5 Years

+17.53%

+20.05% (Cat Avg.)

10 Years

+12.01%

+14.24% (Cat Avg.)

Since Inception

+15.13%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Equity	₹3,406.77 Cr	97.58%
Others	₹84.58 Cr	2.42%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Mahindra & Mahindra Ltd	Equity	₹149.32 Cr	4.28%
ICICI Bank Ltd	Equity	₹135.79 Cr	3.89%
Axis Bank Ltd	Equity	₹133.6 Cr	3.83%
HDFC Bank Ltd	Equity	₹105.25 Cr	3.01%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹101.7 Cr	2.91%
Kotak Mahindra Bank Ltd	Equity	₹100.16 Cr	2.87%
Jubilant Foodworks Ltd	Equity	₹95.21 Cr	2.73%
Endurance Technologies Ltd	Equity	₹93.1 Cr	2.67%
Reliance Industries Ltd	Equity	₹92.84 Cr	2.66%
Godrej Properties Ltd	Equity	₹89.29 Cr	2.56%
Call, Cash & Other Assets	Cash - Collateral	₹84.58 Cr	2.42%
Coforge Ltd	Equity	₹83.81 Cr	2.40%
Godrej Consumer Products Ltd	Equity	₹79.92 Cr	2.29%
Persistent Systems Ltd	Equity	₹78.05 Cr	2.24%
HCL Technologies Ltd	Equity	₹77.51 Cr	2.22%
AU Small Finance Bank Ltd	Equity	₹70.65 Cr	2.02%
Ashok Leyland Ltd	Equity	₹70.22 Cr	2.01%
Tata Consumer Products Ltd	Equity	₹68.74 Cr	1.97%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹68.58 Cr	1.96%
Zomato Ltd	Equity	₹68.52 Cr	1.96%
Cummins India Ltd	Equity	₹67.45 Cr	1.93%
Cholamandalam Investment and Finance Co Ltd	Equity	₹66.55 Cr	1.91%
Motherson Sumi Wiring India Ltd	Equity	₹64.82 Cr	1.86%
SBI Life Insurance Co Ltd	Equity	₹64.49 Cr	1.85%
Grasim Industries Ltd	Equity	₹64.19 Cr	1.84%
360 One Wam Ltd Ordinary Shares	Equity	₹60.72 Cr	1.74%
Sona BLW Precision Forgings Ltd	Equity	₹60.34 Cr	1.73%
Mankind Pharma Ltd	Equity	₹57.43 Cr	1.64%
Delhivery Ltd	Equity	₹55.16 Cr	1.58%
Tube Investments of India Ltd Ordinary Shares	Equity	₹55.08 Cr	1.58%
Apollo Hospitals Enterprise Ltd	Equity	₹54.73 Cr	1.57%
JSW Infrastructure Ltd	Equity	₹54.56 Cr	1.56%
India Shelter Finance Corporation Ltd	Equity	₹53.04 Cr	1.52%
Max Financial Services Ltd	Equity	₹52.27 Cr	1.50%
Brigade Enterprises Ltd	Equity	₹51.85 Cr	1.49%
Colgate-Palmolive (India) Ltd	Equity	₹51.58 Cr	1.48%
Power Grid Corp Of India Ltd	Equity	₹51.4 Cr	1.47%
Larsen & Toubro Ltd	Equity	₹50.79 Cr	1.45%
Timken India Ltd	Equity	₹49.97 Cr	1.43%
Tata Power Co Ltd	Equity	₹46.98 Cr	1.35%
Godrej Agrovet Ltd Ordinary Shares	Equity	₹44.32 Cr	1.27%
PI Industries Ltd	Equity	₹43.97 Cr	1.26%
SKF India Ltd	Equity	₹43.81 Cr	1.25%
Freshworks Inc Ordinary Shares Class A	Equity	₹37.29 Cr	1.07%
Torrent Pharmaceuticals Ltd	Equity	₹36.91 Cr	1.06%
Sun Pharmaceuticals Industries Ltd	Equity	₹36.72 Cr	1.05%
UltraTech Cement Ltd	Equity	₹36.68 Cr	1.05%
Aadhar Housing Finance Ltd	Equity	₹35.67 Cr	1.02%
Tata Consultancy Services Ltd	Equity	₹35.07 Cr	1.00%
Infosys Ltd	Equity	₹34.81 Cr	1.00%
IndusInd Bank Ltd	Equity	₹33.97 Cr	0.97%
ICICI Lombard General Insurance Co Ltd	Equity	₹33.77 Cr	0.97%
KEI Industries Ltd	Equity	₹19.85 Cr	0.57%
LTIMindtree Ltd	Equity	₹19.7 Cr	0.56%
J.B. Chemicals & Pharmaceuticals Ltd	Equity	₹18.61 Cr	0.53%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹1,047.63 Cr	30.01%
Consumer Cyclical	₹531.3 Cr	15.22%
Industrials	₹466.88 Cr	13.37%
Technology	₹366.23 Cr	10.49%
Healthcare	₹272.97 Cr	7.82%
Consumer Defensive	₹244.56 Cr	7.00%
Basic Materials	₹144.84 Cr	4.15%
Real Estate	₹141.14 Cr	4.04%
Utilities	₹98.38 Cr	2.82%
Energy	₹92.84 Cr	2.66%

Risk & Performance Ratios

Fund Managers

Venkatesh Sanjeevi

Since October 2021

R. Janakiraman

Since February 2014

Sandeep Manam

Since October 2021

Additional Scheme Detailsas of 31st December 2024

ISIN

INF090I01IN1

Expense Ratio

1.34%

Exit Load

1.00%

Fund Size

₹3,491 Cr

Age

12 years

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty LargeMidcap 250 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Large & Mid-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Union Large & Midcap Fund Direct Growth Very High Risk	1.0%	1.0%	₹868.05 Cr	12.1%
Union Large & Midcap Fund Regular Growth Very High Risk	2.3%	1.0%	₹868.05 Cr	10.6%
HSBC Large & Mid Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹3978.89 Cr	21.5%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3978.89 Cr	22.7%
Baroda BNP Paribas Large & Mid Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1539.83 Cr	16.1%
Baroda BNP Paribas Large & Mid Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹1539.83 Cr	17.6%
Tata Large & Mid Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹8244.62 Cr	10.0%
Navi Large & Midcap Fund Regular Growth Very High Risk	2.3%	0.0%	₹318.67 Cr	9.7%
Navi Large & Midcap Fund Direct Growth Very High Risk	0.3%	0.0%	₹318.67 Cr	11.8%
UTI Core Equity Fund Regular Growth Very High Risk	1.9%	1.0%	₹4134.14 Cr	19.0%

About the AMC

Franklin Templeton Mutual Fund

+91 22 6751 9100

https://www.franklintempletonindia.com/

Total AUM

₹1,09,359 Cr

Address

Indiabulls Finance Centre; Tower 2, 12th and 13th Floor, Mumbai, 400 013

Other Funds by Franklin Templeton Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Franklin India Multi-Asset Solution Fund of Funds Direct Growth High Risk	0.5%	1.0%	₹61.17 Cr	13.8%
Franklin India Equity Savings Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹702.65 Cr	8.6%
Franklin India Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹407.04 Cr	6.7%
Franklin India Floating Rate Fund Direct Growth Moderate Risk	0.2%	0.0%	₹290.56 Cr	9.0%
Franklin India Credit Risk Fund Direct Growth High Risk	-	3.0%	₹104.00 Cr	7.5%
Franklin India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2373.75 Cr	7.8%
Templeton India Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹2153.51 Cr	12.7%
Templeton India Equity Income Fund Direct Growth Very High Risk	1.2%	1.0%	₹2367.36 Cr	16.9%
Franklin India Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹151.95 Cr	8.2%
Franklin India Corporate Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹750.16 Cr	8.2%
Franklin India Pension Plan Direct Growth Moderately High risk	1.5%	3.0%	₹516.76 Cr	10.6%
Franklin India Short Term Income Plan Direct Growth Moderate Risk	-	0.0%	₹12.51 Cr	-
Franklin Asian Equity Fund Direct Growth Very High Risk	1.7%	1.0%	₹250.03 Cr	22.0%
Franklin India Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹6119.62 Cr	27.6%
Franklin Build India Direct Growth Very High Risk	1.0%	1.0%	₹2783.64 Cr	17.6%
Franklin India Bluechip Fund Direct Growth Very High Risk	1.1%	1.0%	₹7682.65 Cr	14.6%
Franklin India Flexi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹17946.77 Cr	14.1%
Franklin India Prima Fund Direct Growth Very High Risk	1.0%	1.0%	₹12570.21 Cr	22.0%
Franklin India Equity Advantage Fund Direct Growth Very High Risk	1.3%	1.0%	₹3491.35 Cr	17.3%
Franklin India Smaller Companies Fund Direct Growth Very High Risk	0.9%	1.0%	₹14068.69 Cr	12.4%
Franklin India Focused Equity Fund Direct Growth Very High Risk	0.9%	1.0%	₹12044.23 Cr	11.6%
Franklin India Taxshield Fund Direct Growth Very High Risk	1.0%	0.0%	₹6854.56 Cr	14.5%
Franklin India Technology Fund Direct Growth Very High Risk	1.0%	1.0%	₹1988.74 Cr	22.2%
Franklin India Equity Hybrid Fund Direct Growth Very High Risk	1.0%	1.0%	₹2077.66 Cr	13.5%
Franklin India Dynamic Asset Allo FOF Direct Growth High Risk	0.5%	1.0%	₹1305.25 Cr	11.0%
Franklin India NSE Nifty 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹682.01 Cr	7.6%
Franklin India Feeder - Franklin U.S. Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹3748.66 Cr	32.5%
Franklin India Debt Hybrid Fund Direct Growth Moderately High risk	0.7%	0.0%	₹224.35 Cr	10.0%
Franklin India Feeder - Templeton European Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹15.43 Cr	4.5%
Franklin India Short Term Income Plan Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹164.26 Cr	309.1%
Franklin India Income Opportunities Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹45.54 Cr	309.1%
Franklin India Low Duration Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹47.42 Cr	308.8%
Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth Low Risk	-	0.0%	₹29.52 Cr	309.0%
Franklin India Credit Risk Fund Segregated Portfolio 2 Direct Growth Very High Risk	-	0.0%	₹105.84 Cr	309.1%
Franklin India Debt Hybrid Fund Segregated Portfolio 1 Direct Growth Moderately High risk	0.7%	0.0%	-	-
Franklin India Short Term Income Plan Segregated Portfolio 3 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Franklin India Balanced Advantage Fund Direct Growth High Risk	0.5%	1.0%	₹2483.11 Cr	13.0%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹572.25 Cr	8.1%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Franklin India Equity Advantage Fund Direct Growth?

The NAV of Franklin India Equity Advantage Fund Direct Growth, as of 20-Jan-2025, is ₹195.06.

What are the returns of Franklin India Equity Advantage Fund Direct Growth?

The fund has generated 17.34% over the last 1 year and 12.72% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Franklin India Equity Advantage Fund Direct Growth?

The fund's allocation of assets is distributed as 97.58% in equities, 0.00% in bonds, and 2.42% in cash and cash equivalents.

Who manages the Franklin India Equity Advantage Fund Direct Growth?

The fund managers responsible for Franklin India Equity Advantage Fund Direct Growth are:-

Venkatesh Sanjeevi
R. Janakiraman
Sandeep Manam

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. 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.

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Fund Overview

Fund Size

₹3,491 Cr

Expense Ratio

1.34%

ISIN

INF090I01IN1

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Very High Risk