Review of Franklin India Arbitrage Fund NFO
November 6, 2024
mayank
Review of Franklin India Arbitrage Fund NFO @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst.
[ A ] Benchmark Performance of NIFTY 50 Arbitrage TRI
Statistics
| QTD | YTD | 1 Year | 5 Years | Since Inception | |
| Returns (%) # | 0.68 | 5.98 | 7.18 | 5.05 | 6.15 |
| 1 Year | 5 Years | Since Inception | |
| Std. Deviation * | 1.40 | 1.37 | 1.45 |
Weights of Index Constituents
| Near-Month | |
| NIFTY 50 Index Futures | 65% |
| 1 Month MIBOR | 30% |
| Cash | 5% |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Pallab Roy
| Fund | Franklin India Pension Fund | It’s Benchmark | Franklin India Overnight Fund | It’s Benchmark |
| 1 Year | 18.15 | 24.99 | 6.64 | 4.76 |
| 3 Year | 9.09 | 11.36 | 5.74 | 3.79 |
| 5 Year | 9.72 | 15.09 | 4.74 | 3.35 |
| 7 Year | 8.21 | 13.01 | — | — |
| 10 Year | 8.79 | 11.78 | — | — |
As on 6-11-2024
Past Performance of Rajasa Kakulavarapu
| Fund | Franklin India Equity Hybrid Fund | It’s Benchmark | Templeton India Equity Income Fund | It’s Benchmark |
| 1 Year | 27.98 | 24.99 | 42.72 | 33.89 |
| 3 Year | 13.18 | 11.36 | 20.29 | 14.91 |
| 5 Year | 16.30 | 15.09 | 24.85 | 19.81 |
| 7 Year | 12.38 | 13.01 | 17.00 | 14.97 |
| 10 Year | 12.28 | 11.78 | 15.57 | 14.29 |
As on 6-11-2024
Past Performance of Yogik Pitti
| Fund | Franklin India Arbitrage Fund | It’s Benchmark |
| 1 Year | — | — |
| 3 Year | — | — |
| 5 Year | — | — |
| 7 Year | — | — |
| 10 Year | — | — |
As on 6-11-2024
Note on Fund Managers’ performance
[ C ] Conclusion
Considering above two aspects of this NFO, I donot recommend large investment in this NFO. This being NFO of sectoral nature, small investment may be made.