March 21, 2024
mayank
Franklin India NSE Nifty 50 Index details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 182.0770
NAV IDCW: Rs 182.0770
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 of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The open end index linked growth scheme with the objective to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with Nifty 50 Index under NSE Nifty Plan, and to provide returns that, before expenses, closely correspond to the total return of common stocks as represented by the S&P BSE Sensex under S&P BSE Sensex Plan.
Fund Manager:
1) 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) | 2,000 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Franklin Templeton Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 12.85% |
| Benchmark | NIFTY 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 630 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.25% |
| (As on 29-Feb-2024) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | — |
Trailing Returns (%) of Franklin India NSE Nifty 50 Index
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India NSE Nifty 50 Index Dir | 0.67 | 0.1 | -1.62 | 3.43 | 9.92 | 29.42 | 14.82 | 14.31 | 13.84 | 13.5 |
| S&P BSE 100 TRI | 1.4 | 0.15 | -1.94 | 4.45 | 11.67 | 33.16 | 16.47 | 15.62 | 14.81 | 14.9 |
| Equity: Large Cap | 3.24 | 0.16 | -1.98 | 6.79 | 15.7 | 39.48 | 17.18 | 15.59 | 14.25 | 14.88 |
| Rank within category | 66 | 67 | 30 | 66 | 81 | 81 | 49 | 46 | 32 | 38 |
| Number of funds in category | 98 | 103 | 101 | 98 | 97 | 93 | 63 | 54 | 43 | 43 |
Peer Comparison of Franklin India NSE Nifty 50 Index
| 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 NSE Nifty 50 Index Dir | 2 star | 29.42 | 14.82 | 14.31 | 0.25 | 630 | 12.85 | — | 11Y 2M | 2.61 |
| DSP Nifty 50 Equal Weight Index Dir | 4 star | 41.96 | 20.57 | 17.36 | 0.40 | 1,118 | 13.50 | — | 6Y 4M | 24.00 |
| UTI Nifty 50 Index Dir | 3 star | 29.74 | 15.03 | 14.65 | 0.21 | 15,649 | 13.17 | — | 11Y 2M | 4.00 |
| HDFC Index Nifty 50 Dir | 3 star | 29.72 | 14.99 | 14.56 | 0.20 | 12,614 | 13.30 | 0.25 (3) | 11Y 2M | 3.84 |
| ICICI Pru Nifty 50 Index Dir | 3 star | 29.71 | 15.00 | 14.64 | 0.17 | 6,955 | 13.24 | — | 11Y 2M | 10.00 |
Portfolio Analysis of Franklin India NSE Nifty 50 Index
| No. of Stocks | 50 |
| Top 10 Stocks | 56.32% |
| Top 5 Stocks | 39.27% |
| Top 3 Sectors | 60.13% |
| Portfolio P/B Ratio | 3.87 |
| Portfolio P/E Ratio | 23.60 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 5,05,282 | 3,39,889 |
| Giant (%) | 90.70 | 67.89 |
| Large (%) | 9.05 | 27.31 |
| Mid (%) | 0.25 | 5.45 |
| Small (%) | — | 2.04 |
| Tiny (%) | — | — |
How to Invest in Franklin India NSE Nifty 50 Index?
Chanakya’s Mutual Fund Guidance For Franklin India NSE Nifty 50 Index
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
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