March 21, 2024
mayank
Franklin India Focused Equity Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 101.8643
NAV IDCW: Rs 42.0204
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably 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.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to achieve capital appreciation through investing predominantly in Indian companies/sectors with high growth rates or potential.
Fund Manager:
1) Ajay Argal
Education: Mr. Argal is a B.Tech from (IIT,Mumbai) & PGDM (IIM,Bangalore).
Experience: Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd., he has worked with Baring Asset Management (Asia) Ltd., Aditya Birla Sunlife Mutual Fund and UTI AMC where he handled various aspects of investments function including managing offshore funds, equity funds, balanced funds, equity research & equity dealing.
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 | 18.89% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 10,946 Cr |
| (As on 29-Feb-2024) | |
| Expense | 1.01% |
| (As on 29-Feb-2024) | |
| Risk Grade | Above Average |
| Return Grade | Above Average |
| Turnover | 27.02% |
Trailing Returns (%) of Franklin India Focused Equity Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India Focused Equity Dir | 4.45 | 0.28 | -0.65 | 7.21 | 13.33 | 39.60 | 21.11 | 18.57 | 16.20 | 19.94 |
| S&P BSE 500 TRI | 1.27 | 0.11 | -3.06 | 4.81 | 12.74 | 38.15 | 18.02 | 16.92 | 15.30 | 16.04 |
| Equity: Flexi Cap | 1.39 | 0.13 | -2.77 | 4.51 | 12.51 | 38.22 | 17.94 | 16.66 | 14.98 | 16.76 |
| Rank within category | 12 | 18 | 4 | 10 | 27 | 28 | 13 | 12 | 11 | 3 |
| Number of funds in category | 79 | 80 | 80 | 79 | 77 | 72 | 56 | 44 | 35 | 29 |
Peer Comparison of Franklin India Focused 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 India Focused Equity Dir | 4 star | 39.60 | 21.11 | 18.57 | 1.01 | 10,946 | 18.89 | 1.00 (365) | 11Y 2M | 27.02 |
| Parag Parikh Flexi Cap Dir | 5 star | 40.27 | 22.37 | 23.53 | 0.56 | 58,901 | 20.29 | 2.00 (365) | 10Y 9M | 4.16 |
| HDFC Flexi Cap Dir | 4 star | 43.03 | 25.49 | 19.32 | 0.81 | 49,659 | 16.82 | 1.00 (365) | 11Y 2M | 33.96 |
| Franklin India Flexi Cap Dir | 4 star | 43.02 | 21.60 | 18.72 | 1.03 | 14,471 | 17.11 | 1.00 (365) | 11Y 2M | 21.03 |
| DSP Flexi Cap Dir | 4 star | 34.85 | 15.62 | 17.40 | 0.73 | 10,018 | 15.24 | 1.00 (364) | 11Y 2M | 32.00 |
Portfolio Analysis of Franklin India Focused Equity Fund
| No. of Stocks | 27 |
| Top 10 Stocks | 56.04% |
| Top 5 Stocks | 33.10% |
| Top 3 Sectors | 46.76% |
| Portfolio P/B Ratio | 3.94 |
| Portfolio P/E Ratio | 27.43 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,44,815 | 1,62,248 |
| Giant (%) | 61.38 | 50.76 |
| Large (%) | 20.44 | 19.70 |
| Mid (%) | 17.32 | 23.07 |
| Small (%) | 0.85 | 7.36 |
| Tiny (%) | — | 0.10 |
How to Invest in Franklin India Focused Equity Fund?
Chanakya’s Mutual Fund Guidance For Franklin India Focused Equity Fund
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
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