Franklin India Taxshield Fund - Direct Plan

Scheme Type
Open-ended
Scheme Category
Tax Planning
Benchmark Type
Nifty 500 Index
Scheme AUM (in Crs.)
₹ 3623.09
Expense Ratio
1.15%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 110400
Min Subscription
₹ 500
Min Addition Subscription
₹ 500
Performance
Comparison
Portfolio
Details
Analysis
562.1772
(0 %)
NAV as on 2018-11-14
Returns
Fund
Franklin India Taxshield Fund - Direct Plan
1 Year
-1.33%
3 Year
10.03%
5 Year
18.13%
AMC Details
amc launch date
Launch Date
19 Feb 1996
amc sponsor
Sponsor
NA
amc email
Email
services@franklintempleton.com
amc phone
Phone
022 - 67519100
amc address
Address
Indiabulls Finance Centre, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road West, Mumbai 400013
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
N.A.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
The scheme seeks medium to long term growth of capital, with income tax rebate. The scheme invests in equities and there is an exposure to PSU Bonds and debentures and Money Market instruments.
Suitability
This product is suitable for investors who are seeking
• This product is suitable for Investors who are seeking
• Long term capital appreciation.
• An ELSS fund offering tax benefits under Section 80C of the Income Tax Act.
Fund Analysis
The fund has recently gone a fundamental change with Anand Radhakrishnan handling over the management responsibilities to Lakshmikant Reddy. However, the fund sticks to the AMC mandate of not taking extra risks for generating superior alpha. Going forward, the fundamental changes may or may not be in line with the previous performance but for a category which locks in the investment money for 3 years, the fund mandate does provide a volatility cover which is also visible in the fund lower than benchmark allocation to mid and small cap. Though this has also resulted in lower than peer returns in the short run but a good investment for investors looking out for generating returns while avoiding heavy losses during bare phases.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
5,977
Portfolio Value
-23
Total Returns