March 21, 2024
mayank
Franklin India Prima Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 2,312.1710
NAV IDCW: Rs 98.8513
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
An open-end growth scheme with an objective to provide medium to long term capital appreciation as a primary objective and income as a secondary objective.
Fund Manager:
1) Akhil Kalluri
Education: Mr. Kalluri is a MBA, IIM Lucknow. B.Tech. (Electronics and Communications Engineering), Andhra University
Experience: Prior to joining Franklin Templeton Mutual Fund, he has worked with Credit Suisse, ICICI Securities.
2) R Janakiraman
Education: Mr. Janakiraman is a B.E and PGDM (Business Management).
Experience: Prior to joining Franklin Templeton Investments, he has worked with Indian Syntans Inv. Pvt. Ltd., Citicorp Information Tech Ltd. and UTI Securities Exchange Ltd.
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 | 18.84% |
| Benchmark | NIFTY Midcap 150 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 10,181 Cr |
| (As on 29-Feb-2024) | |
| Expense | 1.04% |
| (As on 29-Feb-2024) | |
| Risk Grade | Above Average |
| Return Grade | Below Average |
| Turnover | 23.33% |
Trailing Returns (%) of Franklin India Prima Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India Prima Dir | -0.61 | 0.03 | -5.07 | 3.52 | 13.20 | 44.46 | 19.83 | 17.81 | 14.90 | 19.94 |
| S&P BSE 150 MidCap TRI | 1.08 | -0.04 | -5.94 | 5.91 | 14.10 | 52.15 | 24.77 | 23.14 | 18.34 | 21.72 |
| Equity: Mid Cap | 0.47 | 0.02 | -5.11 | 4.28 | 13.23 | 48.48 | 23.42 | 21.86 | 16.93 | 21.09 |
| Rank within category | 28 | 16 | 18 | 24 | 14 | 28 | 24 | 19 | 16 | 16 |
| Number of funds in category | 39 | 39 | 39 | 39 | 39 | 38 | 27 | 22 | 20 | 19 |
Peer Comparison of Franklin India Prima 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 Prima Dir | 2 star | 44.46 | 19.83 | 17.81 | 1.04 | 10,181 | 18.84 | 1.00 (365) | 11Y 2M | 23.33 |
| HDFC Mid-Cap Opportunities Dir | 4 star | 53.06 | 28.11 | 23.13 | 0.77 | 60,187 | 21.25 | 1.00 (365) | 11Y 2M | 19.31 |
| Kotak Emerging Equity Dir | 4 star | 35.61 | 22.03 | 22.58 | 0.38 | 39,738 | 20.43 | 1.00 (365) | 11Y 2M | 9.65 |
| Nippon India Growth Dir | 4 star | 51.77 | 26.66 | 23.95 | 0.88 | 24,481 | 18.34 | 1.00 (30) | 11Y 2M | 15.00 |
| SBI Magnum Midcap Dir | 4 star | 38.45 | 23.82 | 22.56 | 0.83 | 16,459 | 19.90 | 1.00 (365) | 11Y 2M | 9.00 |
Portfolio Analysis of Franklin India Prima Fund
| No. of Stocks | 71 |
| Top 10 Stocks | 24.72% |
| Top 5 Stocks | 13.69% |
| Top 3 Sectors | 41.52% |
| Portfolio P/B Ratio | 4.06 |
| Portfolio P/E Ratio | 27.21 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 50,164 | 49,240 |
| Giant (%) | 10.76 | 4.58 |
| Large (%) | 23.05 | 31.42 |
| Mid (%) | 61.63 | 61.20 |
| Small (%) | 4.56 | 3.84 |
| Tiny (%) | — | — |
How to Invest in Franklin India Prima Fund?
Chanakya’s Mutual Fund Guidance For Franklin India Prima Fund
Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
Apply Online: https://accounts.franklintempletonindia.com/ngGuest/#/transactnowlogin
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