Franklin India Smaller Companies Fund - Direct Plan

The Franklin India Smaller Companies Fund is an actively managed open-ended equity mutual fund that seeks to provide its investors with long-term capital appreciation through investments in a diversified basket of instruments across market sectors. The fund carries a small-cap bias. This fund is suitable for investors with long investment horizons of 3 years or more. As this is an equity fund with small-cap bias investors in this fund should have a high capacity for risk.
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Scheme Type
Open-ended
Scheme Category
Small-Cap
Benchmark Type
Nifty Midcap 100 Index
Scheme AUM (in Crs.)
₹ 6763.85
Expense Ratio
1.1%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 109525
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
55.5971
(-0.21 %)
NAV as on 2019-01-23
Performance Info
The Franklin India Smaller Companies Fund has outperformed its benchmark and category 8 out 10 years since its inception. The two years it could not outperform its benchmark was during especially turbulent market cycles. As this fund carries a small-cap bias, it is prone to high volatility and, therefore, does not perform consistently over short investment horizons. The funds potential for returns is revealed in investment horizons of 3 years or more.
Returns
Fund
Franklin India Smaller Companies Fund - Direct Plan
1 Year
-17.51%
3 Year
13.05%
5 Year
23.96%
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 between (0-1) years. No Exit load, if redeemed after 1 years.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
The Fund seeks to provide long-term capital appreciation by investing predominantly in small cap companies.
Suitability
This product is suitable for investors who are seeking
• This product is suitable for Investors who are seeking
• Long term capital appreciation.
• A fund that invests primarily in small and mid cap companies
Fund Analysis
Though the name of fund is smaller companies, its considerable portion is in midcap. It generates satisfactory returns during good times and performs moderately during hostile ones. The superior performance has led to a tremendous increase in the AUM size which might prove to be a concern. But the Management of Franklin has a proven solid track record in managing risk while delivering returns. The trust of AMC in its management and investment mandate is visible by its decision to allow for fresh investments in the fund even with this huge AUM unlike few others in the category.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
5,701
Portfolio Value
-299
Total Returns