Franklin Templeton Mutual Fund

Franklin Templeton Tax Saving Mutual Funds is an ELSS (Equity Linked Savings Scheme). Thus, the investment in Franklin Templeton Tax Saving Mutual Funds has a dual benefit of return on investment with tax benefit.

ELSS schemes are equity-oriented mutual fund schemes. Hence they aim to maximise the returns of the investor's portfolio over the long term by investing in equity-related or equity instruments. Along with equity investment, there is an additional tax benefit under this scheme. Any amount invested in Franklin Templeton Tax Saving Fund up to ₹1.5 lakhs per year is eligible for a tax deduction under section 80C of the Income Tax Act, 1961. However, there is a lock-in period of 3 years for which the amount cannot be withdrawn. Also, the minimum investment amount in Franklin Templeton Mutual Funds is as low as ₹500 only.

There is only 1 open-ended Franklin Templeton Tax Saving fund called Franklin India Tax shield Fund with a total AUM of ₹3,573.51 crores as on 31st August 2020 with a mandatory lock-in of 3 years.

• Franklin India Prima Fund

  • Investment Objective: The Objective of the Fund Franklin India Prima Fund is to generate potentially higher returns over the long-term horizon by constructing a diversified equity portfolio of well-researched stocks of mid-cap companies. The fund aims to provide investors with an opportunity to create long-term wealth.

  • Fund Details: The fund category is 'mid-cap funds' under equity funds with an AUM of ₹6,493.65 Crores as on 31st August 2020. The launch date for this scheme was 01-Dec-1993. This Franklin Templeton Mutual Fund NAV for Direct Plan Growth Option was ₹992.02 as on 04-Sep-2020 and the NAV for Regular Plan-Growth Option was ₹918.27. This fund has an 18.06% average annualized return (CAGR) since the . The underlying benchmark index for this particular scheme is the Nifty Midcap 150 Index and the fund managers are Mr. Janakiraman Rengaraju, Mr. Hari Shyamsunder, and Ms. Pyari Menon.
    
    The expense ratio of the Franklin India Prima Fund is 1.09% for direct plans and the same for regular plans is 1.89%. There would be an exit load of 1% in case you redeem within 365 days from the investment date.
    

    
    Franklin India Prima Fund mainly invests in the construction, financial, and automobile sector.
    

    
    The portfolio holdings as of 31st August 2020 is:

The minimum investment for lump sum Franklin India Prima Fund is ₹5,000 and the minimum amount for SIP it is ₹500.

• Franklin India Focused Equity Fund

  • Investment Objective: The Objective of the Fund Franklin India Focused Equity Fund is to provide long-term capital appreciation by investing in multi-cap stocks with a focused approach (maximum of 30 stocks). The fund seeks to achieve higher growth by constructing a portfolio that consists of stocks of higher growth potential across sectors.

  • Fund Details: The fund category is 'focused multi-cap funds' under equity funds with an AUM of ₹7,095.87 Crores as on 31st August 2020. The launch date for this scheme was 26-Jul-2007. This Franklin Templeton Mutual Fund NAV for Direct Plan, Growth Option was ₹40.31 as on 04-Sep-2020 and the NAV for Regular Plan-Growth Option was ₹37.22. This fund has had a 10.31% average annualized return (CAGR) since the very inception. The underlying benchmark index for this particular scheme is the Nifty 500 Index and the fund managers are Ms. Roshi Jain, Mr. Anand Radhakrishnan, and Ms. Pyari Menon.
    
    The expense ratio of the Franklin India Focused Equity Fund is 1.11% for direct plans and the same for the regular plan is 1.87%. There would be an exit load of 1% in case you redeem within 365 days from the investment date.
    

    
    Franklin India Focused Equity Fund mainly invests in the financial, communication, and construction sector.
    

    
    UTI Nifty Exchange Traded Fund has a strong exposure to the energy, financial and technology sectors. Here is the detailed table on holding for this scheme.
    

    
    The portfolio holdings as on 31st August 2020 is:

The minimum investment for a lump sum in Franklin India Focused Equity Fund is ₹5,000 and the minimum amount for SIP it is ₹500.

• Franklin India Equity Fund

  • Investment Objective: The Objective of the Fund Franklin India Equity Fund is to provide long-term capital growth by investing in stocks of various sectors across the market capitalisation - large cap, mid-cap and small cap companies.

  • Fund Details: It is a multi-cap equity fund with an AUM of ₹8,561.60 Crores as on 31st August 2020. The launch date for this scheme was 29-Sep-1994. This Franklin Templeton Mutual Fund NAV for Direct Plan Growth Option was ₹599.42 as on 04-Sep-2020 and the NAV for Regular Plan-Growth Option was ₹558.59. This fund has a 16.48% average annualized return (CAGR) since the very inception. The underlying benchmark index for this particular scheme is the Nifty 500 Index and the fund managers are Mr Anand Radhakrishnan, Ms Pyari Menon, and Mr Janakiraman Rengaraju.
    
    The expense ratio of the Franklin India Equity Fund is 1.10% for direct plans and the same for the regular plan is 1.83%. There would be an exit load of 1% in case you redeem within one year from the investment date.
    

    
    Franklin India Equity Fund mainly invests in the technology, financial, and communication sector.
    

    
    The portfolio holdings as on 31st August 2020 is:

The minimum investment for a lump sum in Franklin India Equity Fund is ₹5,000 and the minimum amount for SIP is ₹500.

• Franklin India Bluechip Fund

  • Investment Objective: The Objective of the Fund Franklin India Bluechip Fund is to provide long-term capital appreciation by predominantly investing in stocks of bluechip companies that are large-cap, well established, and market leaders with a long track record.

  • Fund Details: The fund category is 'Large cap funds' under equity funds with an AUM of ₹5,201.80 Crores as on 31st August 2020. The launch date for this scheme was 01-Dec-1993. This Franklin Templeton Mutual Fund NAV for Direct Plan, Growth Option was ₹458.52 as on 04-Sep-2020 and the NAV for Regular Plan-Growth Option was ₹430.37. This fund has an 18.80% average annualized return (CAGR) since the . The underlying benchmark index for this particular scheme is the Nifty 100 Index and the fund managers are Mr. Anand Radhakrishnan, Ms.Roshi Jain, and Ms. Pyari Menon
    
    The expense ratio of the Franklin India Bluechip Fund is 1.23% for direct plans and the same for regular plans is 1.94%. There would be an exit load of 1% in case you redeem within 365 days from the investment date.
    

    
    Franklin India Bluechip Fund mainly invests in the financial, communication, and construction sectors.
    

    
    The portfolio holdings as of 31st August 2020 is:

The minimum investment for a lump sum in Franklin India Bluechip Fund is ₹5,000 and the minimum amount for SIP it is ₹100.

• Franklin India Ultra Short Bond Fund

  • Investment Objective: The Objective of the Fund Franklin India Ultra Short Bond Fund is to generate regular income for the short-term by investing in short-term debt and money market instruments. The fund also offers high liquidity.

  • Fund Details: The fund category is under Debt funds with an AUM of ₹9,899.10 Crores as on 31st August 2020. The launch date for this scheme was 18-Dec-2007. This Franklin Templeton Mutual Fund NAV for the Retail Plan, Growth was ₹26.93 as on 04-Sep-2020, for institutional plan growth was ₹27.62 and the same for super institutional Plan, Growth was ₹28.54. This fund has an 8.07% average annualised return (CAGR) since the very inception. The underlying benchmark index for this particular scheme is the Nifty Ultra Short Duration Debt Index and the fund managers are Mr. Pallab Roy and Mr. Sachin Shankar Padwal Desai.
    
    The expense ratio of the Franklin India Ultra Short Bond Fund-Retail Plan is 0.31%, the Institutional plan is 0.22% and the same for the super institutional plan is 0.16%. There would be no exit load applicable to the fund.
    

    
    Franklin India Ultra Short Bond Fund mainly invests in debenture and zero coupon bonds.
    

    
    The portfolio holdings as on 31st August 2020 is:

The minimum investment for a lump sum in Franklin India Ultra Short Bond Fund is ₹10,000.

The Franklin Templeton Mutual Fund has a team of highly qualified and experienced investment professionals to manage the fund portfolios in order to provide the best investment solutions to investors. This specialised investment team makes distinct investment strategies by conducting extensive research using their expertise. Some of the key people involved in managing Franklin Templeton Mutual Fund Schemes are -

• Mr. Janakiraman Rengaraju:

  Vice President and Portfolio Manager - Equities
  
  Mr. Janakiraman Rengaraju has more than 13 years of experience in the investment management space. Prior to joining Franklin Templeton Mutual Fund, he was associated with Corpus of Indian Syntans Group and UTI Securities. Mr.Rengaraju holds an engineering degree and PGDM from IIM, Bangalore. He is a CFA charter holder.

• Mr. Hari Shyamsunder:

  Vice President and Senior Research Analyst, Fund Manager
  
  Mr. Shaymsunder is experienced in the field of research and management. He is an expert in providing research on the oil and gas, automobile, and auto ancillaries industries. Prior to joining Franklin Templeton Mutual Fund, he was associated with BG Group PLC. He holds a PGDM from IIM, Bangalore and engineering degree from National Institute of Technology. He is a CFA charter holder.

• Mr. Anand Radhakrishnan:

  Chief Investment Officer, Franklin Equity
  
  Mr. Anand Radhakrishnan is responsible for overseeing all the local equity funds. He has over 25 years of experience in the investment management space. Prior to joining Franklin Templeton Mutual Fund, he was associated with Sundaram Mutual Fund and SBI Funds Management limited. He holds a PGDM from IIM, Ahmedabad and also B. Tech in chemical engineering from Anna University, Chennai. He is a CFA charter holder.

• Ms. Roshi Jain:

  Vice President, Portfolio Manager-Equities
  
  Ms. Roshi Jain has a vast experience of 20 years in the investment management space. Prior to joining Franklin Templeton Mutual Fund in 2005, she was associated with Goldman Sachs, London as Financial Analyst. She holds PGDM from IIM, Ahmedabad. She earned her Chartered Accountancy from the Institute of Chartered Accountants of India in 1998 with an All-India Rank 2. She is also a CFA charter holder from CFA Institute, US.

• Mr. Sachin Shankar Padwal Desai:

  Vice President, Fixed Income
  
  Mr. Padwal Desai has more than 15 years of experience in the Indian asset management and banking industry. He manages fixed income funds. Prior to joining Franklin Templeton Mutual Fund in 2004, he was associated with ICICI Bank and Infosys Technologies Ltd. Mr. Padwal Desai holds a metallurgical engineering degree from Government College of Engineering, Pune, and PGDM from IIM, Bangalore.