Franklin India Prima Fund - Direct

The Franklin India Prima Fund is an actively managed, open-ended equity mutual fund that seeks to provide its investors with long-term capital appreciation through investments in predominantly equity and equity related instruments of mid-cap companies. The fund was launched in December 1993. The fund seeks to invest in mid-cap stocks as companies in this segment have a high potential for growth. The ideal investment horizon for this fund is 5 years or more. As this fund has a large exposure to equity in the highly volatile mid-cap segment of the market it is prone to frequent market fluctuations. Investors in the Franklin India Prima Fund should expect heavy fluctuations and should have a high capacity for risk.
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Scheme Type
Open-ended
Scheme Category
Mid-Cap
Benchmark Type
Nifty 500 Index
Scheme AUM (in Crs.)
₹ 6126.62
Expense Ratio
1.3%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 109525
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
982.0558
(-0.04 %)
NAV as on 2019-01-18
Performance Info
The Franklin India Prima Fund has outperformed its benchmark and category on a number of occasions. The fund does not perform well in short investment cycles but can reward investors handsomely in investment cycles of 5 years or more. The fund has a lower-than-category-average standard deviation of 15.38, showing the robustness of the fund. The fund also carries a lower-than-category-average beta and a higher-than-category-average alpha, demonstrating the capacity of the fund to generate higher than expected returns for and lower volatility.
Returns
Fund
Franklin India Prima Fund - Direct
1 Year
-9.55%
3 Year
15.59%
5 Year
22.86%
AMC Details
amc launch date
Launch Date
19 Feb 1996
amc sponsor
Sponsor
NA
amc email
Email
amc phone
Phone
022 - 67519100
amc address
Address
Franklin Templeton Mutual Fund, -
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
Exit load of 1% if redeemed within 1 year
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
The investment objective of Prima Fund is to provide medium to longterm capital appreciation as a primary objective and income as a secondary objective.
Suitability
This product is suitable for investors who are seeking
• Long term capital appreciation.
• A fund that invests in mid and small cap stocks.
Fund Analysis
The fund unlike its peers invests largely in midcaps (around 75-80%) with the rest in large caps. R. Janikaraman has been managing the fund since 2011 who very well knows about the volatility the portfolio might face when it covers the midcap section. Franklin as an AMC has been known to have an investment mandate which takes into account the risk while generating returns and its performance reflects it. This might not have helped it to beat its peers in 2008 but was successful in doing so in 2011where it beat the benchmark and was in line with its peers.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
5,835
Portfolio Value
-165
Total Returns