March 20, 2024
mayank
Franklin Asian Equity Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 27.2865
NAV IDCW: Rs 12.4972
Suitable For Which Investors?
This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme aims to provide medium to long term capital appreciation through investment in Asian companies/sectors, excluding Japan.
Fund Manager:
1) Sandeep Manam
Education: Mr. Manam is a PGDM (IIM-Ahmedabad), B.Tech (Electronics & Communication Engg.)- National Institute of Technology Calicut
Experience: Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd., he has worked with Cognizant Technology Solutions, Shapoorji Pallonji & Company Private Limited.
2) Varun Sharma
Education: Mr. Sharma is a Bachelor in Business Studies from Sukhdev College of Business Studies, University of Delhi and holds a Post Graduate Diploma in Management from IIM – Calcutta.
Experience: Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd. he has worked with ICICI Securities (Feb 2010 – August 2014) as an Equity research Analyst and Credit Analysis and Research Limited (Apr 2009 – Feb 2010) as a Ratings Analyst.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 365 days |
Basic Details
| Fund House | Franklin Templeton Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.72% |
| Benchmark | MSCI Asia (Ex-Japan) Standard TRI (75), NIFTY 500 TRI (25) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 232 Cr |
| (As on 29-Feb-2024) | |
| Expense | 1.71% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 75.53% |
Trailing Returns (%) of Franklin Asian Equity Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin Asian Equity Dir | 0.67 | -0.92 | 1.99 | 3.92 | 2.38 | 2.91 | -6.90 | 3.80 | 5.57 | 6.81 |
| S&P BSE 500 TRI | 1.16 | -1.16 | -3.01 | 2.56 | 11.58 | 36.64 | 17.99 | 16.85 | 15.25 | 15.97 |
Peer Comparison of Franklin Asian Equity Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Franklin Asian Equity Dir | Unrated | 2.91 | -6.90 | 3.80 | 1.71 | 232 | 6.72 | 1.00 (365) | 11Y 2M | 75.53 |
| ICICI Pru US Bluechip Equity Dir | Unrated | 26.14 | 13.71 | 17.94 | 1.08 | 3,054 | 17.07 | 1.00 (30) | 11Y 2M | 85.00 |
| Nippon India US Equity Opportunities Dir | Unrated | 43.09 | 11.98 | 17.15 | 1.35 | 678 | 15.07 | 1.00 (30) | 8Y 7M | 12.00 |
| Nippon India Taiwan Equity Dir | Unrated | 43.64 | — | — | 1.17 | 472 | 4.70 | 1.00 (90) | 2Y 3M | 147.00 |
| Motilal Oswal Nasdaq 100 FOF Dir | Unrated | 43.25 | 15.96 | 23.89 | 0.18 | 4,612 | 23.72 | 1.00 (15) | 5Y 3M | — |
Portfolio Analysis of Franklin Asian Equity Fund
| No. of Stocks | 40 |
| Top 10 Stocks | 13.62% |
| Top 5 Stocks | 9.41% |
| Top 3 Sectors | 58.89% |
| Portfolio P/B Ratio | 1.63 |
| Portfolio P/E Ratio | 6.41 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 5,49,674 | 24,96,365 |
| Giant (%) | 76.10 | 82.98 |
| Large (%) | 16.05 | 12.59 |
| Mid (%) | 7.84 | 9.74 |
| Small (%) | — | 3.57 |
| Tiny (%) | 5.06 |
How to Invest in Franklin Asian Equity Fund?
Chanakya’s Mutual Fund Guidance For Franklin Asian Equity Fund
Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.
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