Franklin India Taxshield Fund Direct Growth

Fund Overview

Fund Size

₹6,855 Cr

Expense Ratio

1.02%

ISIN

INF090I01JS8

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

Franklin India Taxshield Fund Direct Growth is a ELSS (Tax Savings) 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 21-Jan-25, it has a Net Asset Value (NAV) of ₹1532.06, Assets Under Management (AUM) of 6854.56 Crores, and an expense ratio of 1.02%.

Franklin India Taxshield Fund Direct Growth has given a CAGR return of 16.52% since inception.
The fund's asset allocation comprises around 97.74% in equities, 0.00% in debts, and 2.26% 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

+14.47%

+14.47% (Cat Avg.)

3 Years

+17.16%

+14.26% (Cat Avg.)

5 Years

+19.84%

+18.26% (Cat Avg.)

10 Years

+13.60%

+13.05% (Cat Avg.)

Since Inception

+16.52%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Equity	₹6,699.57 Cr	97.74%
Others	₹155 Cr	2.26%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹582.76 Cr	8.50%
HDFC Bank Ltd	Equity	₹578.02 Cr	8.43%
Infosys Ltd	Equity	₹361.48 Cr	5.27%
Bharti Airtel Ltd	Equity	₹351.47 Cr	5.13%
Larsen & Toubro Ltd	Equity	₹318.86 Cr	4.65%
HCL Technologies Ltd	Equity	₹280.44 Cr	4.09%
United Spirits Ltd	Equity	₹256.01 Cr	3.73%
Axis Bank Ltd	Equity	₹239.87 Cr	3.50%
Zomato Ltd	Equity	₹208.54 Cr	3.04%
Reliance Industries Ltd	Equity	₹161.02 Cr	2.35%
Grasim Industries Ltd	Equity	₹160.78 Cr	2.35%
Call, Cash & Other Assets	Cash - Collateral	₹155 Cr	2.26%
NTPC Ltd	Equity	₹152.71 Cr	2.23%
Tata Motors Ltd	Equity	₹152.57 Cr	2.23%
Kotak Mahindra Bank Ltd	Equity	₹150.66 Cr	2.20%
Apollo Hospitals Enterprise Ltd	Equity	₹142.17 Cr	2.07%
Bharat Electronics Ltd	Equity	₹124.08 Cr	1.81%
PB Fintech Ltd	Equity	₹116.07 Cr	1.69%
Tech Mahindra Ltd	Equity	₹115.16 Cr	1.68%
Kalyan Jewellers India Ltd	Equity	₹114.94 Cr	1.68%
Marico Ltd	Equity	₹104.48 Cr	1.52%
State Bank of India	Equity	₹104.19 Cr	1.52%
Kirloskar Oil Engines Ltd	Equity	₹103.96 Cr	1.52%
Lupin Ltd	Equity	₹101.28 Cr	1.48%
Mahindra & Mahindra Ltd	Equity	₹96.71 Cr	1.41%
Jubilant Foodworks Ltd	Equity	₹95.51 Cr	1.39%
Sun Pharmaceuticals Industries Ltd	Equity	₹84.33 Cr	1.23%
Page Industries Ltd	Equity	₹80.83 Cr	1.18%
Devyani International Ltd	Equity	₹76.63 Cr	1.12%
Tube Investments of India Ltd Ordinary Shares	Equity	₹76.51 Cr	1.12%
Godrej Properties Ltd	Equity	₹73.11 Cr	1.07%
Voltas Ltd	Equity	₹69.96 Cr	1.02%
Indian Oil Corp Ltd	Equity	₹68.74 Cr	1.00%
Jyothy Labs Ltd	Equity	₹68.42 Cr	1.00%
GAIL (India) Ltd	Equity	₹67.63 Cr	0.99%
360 One Wam Ltd Ordinary Shares	Equity	₹65.17 Cr	0.95%
Cholamandalam Investment and Finance Co Ltd	Equity	₹63.33 Cr	0.92%
Eris Lifesciences Ltd Registered Shs	Equity	₹60.98 Cr	0.89%
Cipla Ltd	Equity	₹58.87 Cr	0.86%
Intellect Design Arena Ltd.	Equity	₹58.62 Cr	0.86%
Tata Steel Ltd	Equity	₹58.38 Cr	0.85%
Prestige Estates Projects Ltd	Equity	₹57.14 Cr	0.83%
JK Lakshmi Cement Ltd	Equity	₹56.47 Cr	0.82%
Lemon Tree Hotels Ltd	Equity	₹55.76 Cr	0.81%
SKF India Ltd	Equity	₹50.07 Cr	0.73%
IndusInd Bank Ltd	Equity	₹47.08 Cr	0.69%
SRF Ltd	Equity	₹46.89 Cr	0.68%
Amara Raja Energy & Mobility Ltd	Equity	₹44.97 Cr	0.66%
Ramco Cements Ltd	Equity	₹39.37 Cr	0.57%
TeamLease Services Ltd	Equity	₹32.24 Cr	0.47%
Hyundai Motor India Ltd	Equity	₹31.44 Cr	0.46%
Indus Towers Ltd Ordinary Shares	Equity	₹27.64 Cr	0.40%
Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.1)	Equity	₹4.66 Cr	0.07%
Medplus Health Services Ltd	Equity	₹0.61 Cr	0.01%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹1,947.16 Cr	28.41%
Consumer Cyclical	₹912.92 Cr	13.32%
Industrials	₹820.66 Cr	11.97%
Technology	₹757.07 Cr	11.04%
Healthcare	₹448.23 Cr	6.54%
Consumer Defensive	₹428.91 Cr	6.26%
Communication Services	₹379.11 Cr	5.53%
Basic Materials	₹366.55 Cr	5.35%
Energy	₹229.77 Cr	3.35%
Utilities	₹220.34 Cr	3.21%
Real Estate	₹130.24 Cr	1.90%

Risk & Performance Ratios

Fund Managers

R. Janakiraman

Since May 2016

Rajasa Kakulavarapu

Since December 2023

Additional Scheme Detailsas of 31st December 2024

ISIN

INF090I01JS8

Expense Ratio

1.02%

Exit Load

No Charges

Fund Size

₹6,855 Cr

Age

12 years

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:

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 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%	₹4640.66 Cr	15.7%
Tata India Tax Savings Fund Regular Growth Very High Risk	1.8%	0.0%	₹4640.66 Cr	14.5%
Axis Long Term Equity Fund Regular Growth Very High Risk	1.5%	0.0%	₹35953.73 Cr	12.8%
Parag Parikh Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹4506.61 Cr	15.9%
Parag Parikh Tax Saver Fund Regular Growth Very High Risk	1.7%	0.0%	₹4506.61 Cr	14.7%
Shriram Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹54.59 Cr	3.3%
Shriram Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹54.59 Cr	1.6%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.6%	0.0%	₹396.89 Cr	11.5%
ITI Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹396.89 Cr	9.5%
Sundaram Diversified Equity Regular Growth Very High Risk	2.2%	0.0%	₹1528.93 Cr	8.2%

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 Taxshield Fund Direct Growth?

The NAV of Franklin India Taxshield Fund Direct Growth, as of 21-Jan-2025, is ₹1532.06.

What are the returns of Franklin India Taxshield Fund Direct Growth?

The fund has generated 14.47% over the last 1 year and 17.16% 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 Taxshield Fund Direct Growth?

The fund's allocation of assets is distributed as 97.74% in equities, 0.00% in bonds, and 2.26% in cash and cash equivalents.

Who manages the Franklin India Taxshield Fund Direct Growth?

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

R. Janakiraman
Rajasa Kakulavarapu

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

₹6,855 Cr

Expense Ratio

1.02%

ISIN

INF090I01JS8

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Very High Risk