Franklin India Taxshield Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (04-Oct-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹7,143 Cr
Expense Ratio
0.99%
ISIN
INF090I01JS8
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹1652.92, Assets Under Management (AUM) of 7143.11 Crores, and an expense ratio of 0.99%.
- Franklin India Taxshield Fund Direct Growth has given a CAGR return of 17.73% since inception.
- The fund's asset allocation comprises around 97.56% in equities, 0.00% in debts, and 2.44% in cash & cash equivalents.
- You can start investing in Franklin India Taxshield Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
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
+43.29%
+39.70% (Cat Avg.)
3 Years
+21.12%
+17.77% (Cat Avg.)
5 Years
+23.49%
+22.11% (Cat Avg.)
10 Years
+16.28%
+15.29% (Cat Avg.)
Since Inception
+17.73%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹6,968.69 Cr | 97.56% |
| Others | ₹174.42 Cr | 2.44% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹558.91 Cr | 7.82% |
| HDFC Bank Ltd | Equity | ₹498.5 Cr | 6.98% |
| Bharti Airtel Ltd | Equity | ₹374.51 Cr | 5.24% |
| Infosys Ltd | Equity | ₹373.72 Cr | 5.23% |
| Larsen & Toubro Ltd | Equity | ₹327.44 Cr | 4.58% |
| Axis Bank Ltd | Equity | ₹264.78 Cr | 3.71% |
| HCL Technologies Ltd | Equity | ₹256.43 Cr | 3.59% |
| United Spirits Ltd | Equity | ₹243.27 Cr | 3.41% |
| State Bank of India | Equity | ₹234.17 Cr | 3.28% |
| Tata Motors Ltd | Equity | ₹229.09 Cr | 3.21% |
| NTPC Ltd | Equity | ₹211.71 Cr | 2.96% |
| Reliance Industries Ltd | Equity | ₹206.03 Cr | 2.88% |
| Zomato Ltd | Equity | ₹187.9 Cr | 2.63% |
| Grasim Industries Ltd | Equity | ₹177.64 Cr | 2.49% |
| Kirloskar Oil Engines Ltd | Equity | ₹174.59 Cr | 2.44% |
| Call, Cash & Other Assets | Cash - Collateral | ₹174.42 Cr | 2.44% |
| Kotak Mahindra Bank Ltd | Equity | ₹150.22 Cr | 2.10% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹147.1 Cr | 2.06% |
| Kalyan Jewellers India Ltd | Equity | ₹139.34 Cr | 1.95% |
| Bharat Electronics Ltd | Equity | ₹126.68 Cr | 1.77% |
| Page Industries Ltd | Equity | ₹113.61 Cr | 1.59% |
| Voltas Ltd | Equity | ₹110.55 Cr | 1.55% |
| Tech Mahindra Ltd | Equity | ₹110.46 Cr | 1.55% |
| Marico Ltd | Equity | ₹110.36 Cr | 1.54% |
| Lupin Ltd | Equity | ₹102.86 Cr | 1.44% |
| PB Fintech Ltd | Equity | ₹97.55 Cr | 1.37% |
| Jyothy Labs Ltd | Equity | ₹93.01 Cr | 1.30% |
| Mahindra & Mahindra Ltd | Equity | ₹90.22 Cr | 1.26% |
| Indian Oil Corp Ltd | Equity | ₹89.18 Cr | 1.25% |
| Jubilant Foodworks Ltd | Equity | ₹86.49 Cr | 1.21% |
| GAIL (India) Ltd | Equity | ₹84.17 Cr | 1.18% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹81.43 Cr | 1.14% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹76.16 Cr | 1.07% |
| Devyani International Ltd | Equity | ₹73.88 Cr | 1.03% |
| IndusInd Bank Ltd | Equity | ₹69.88 Cr | 0.98% |
| ACC Ltd | Equity | ₹69.87 Cr | 0.98% |
| Eris Lifesciences Ltd Registered Shs | Equity | ₹62.33 Cr | 0.87% |
| SKF India Ltd | Equity | ₹59.03 Cr | 0.83% |
| Intellect Design Arena Ltd. | Equity | ₹54.08 Cr | 0.76% |
| JK Lakshmi Cement Ltd | Equity | ₹53.21 Cr | 0.74% |
| Prestige Estates Projects Ltd | Equity | ₹52.09 Cr | 0.73% |
| SRF Ltd | Equity | ₹47.32 Cr | 0.66% |
| TeamLease Services Ltd | Equity | ₹44.07 Cr | 0.62% |
| Lemon Tree Hotels Ltd | Equity | ₹37.59 Cr | 0.53% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹37.07 Cr | 0.52% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹34.19 Cr | 0.48% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹32.84 Cr | 0.46% |
| Ramco Cements Ltd | Equity | ₹30.22 Cr | 0.42% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹26.72 Cr | 0.37% |
| United Breweries Ltd | Equity | ₹22.01 Cr | 0.31% |
| Kansai Nerolac Paints Ltd | Equity | ₹19.73 Cr | 0.28% |
| TVS Supply Chain Solutions Ltd | Equity | ₹9.7 Cr | 0.14% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.1) | Equity | ₹4.77 Cr | 0.07% |
Allocation By Market Cap (Equity)
Large Cap Stocks
73.95%
Mid Cap Stocks
15.27%
Small Cap Stocks
7.58%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,906.84 Cr | 26.69% |
| Industrials | ₹989.12 Cr | 13.85% |
| Consumer Cyclical | ₹958.13 Cr | 13.41% |
| Technology | ₹740.61 Cr | 10.37% |
| Consumer Defensive | ₹468.66 Cr | 6.56% |
| Communication Services | ₹411.58 Cr | 5.76% |
| Basic Materials | ₹402.76 Cr | 5.64% |
| Healthcare | ₹393.73 Cr | 5.51% |
| Utilities | ₹295.89 Cr | 4.14% |
| Energy | ₹295.22 Cr | 4.13% |
| Real Estate | ₹52.09 Cr | 0.73% |
Risk & Performance Ratios
Standard Deviation
This fund
12.60%
Cat. avg.
12.69%
Lower the better
Sharpe Ratio
This fund
1.24
Cat. avg.
1.00
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.89
Higher the better
Fund Managers
R. Janakiraman
Since May 2016
Rajasa Kakulavarapu
Since December 2023
Additional Scheme Detailsas of 31st August 2024
ISIN | INF090I01JS8 | Expense Ratio | 0.99% | Exit Load | No Charges | Fund Size | ₹7,143 Cr | Age | 11 years 9 months | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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 ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4806.05 Cr | 39.4% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4806.05 Cr | 37.8% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹38422.94 Cr | 35.2% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4152.25 Cr | 37.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4152.25 Cr | 35.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹56.61 Cr | 39.9% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹56.61 Cr | 37.6% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹398.29 Cr | 55.2% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹398.29 Cr | 52.4% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1673.99 Cr | 28.5% |
About the AMC
Total AUM
₹1,10,399 Cr
Address
Indiabulls Finance Centre; Tower 2, 12th and 13th Floor, Mumbai, 400 013
Other Funds by Franklin Templeton Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- R. Janakiraman
- Rajasa Kakulavarapu
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