June 22, 2024
mayank
Franklin Templeton Multi Cap Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Franklin Templeton Multi Cap Fund Open Date, Close Date?
NFO opens on July 08, 2024
NFO will close on July 22, 2024
What is the Investment Strategy?
The scheme seeks to generate long term capital appreciation by investing in a portfolio of equity and equity related securities of large cap, midcap and small cap companies. There is no assurance that the investment objective of the Scheme will be achieved.
Basic Details
| Fund House | Franklin Templeton Mutual Fund |
| Issue Open | 08 July 2024 |
| Issue Close | 22 July 2024 |
| Type | Open-ended |
| Category | Equity: Multi Cap |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 1 year |
| Riskometer | Very High |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI |
What is the Benchmark Index of Franklin Templeton Multi Cap Fund?
The Nifty500 Multicap 50:25:25 index aims to measure the performance of portfolio of large, mid and small market capitalisation companies with target weights assigned to each size segment.
The Nifty500 Multicap 50:25:25 index includes all companies that are part of Nifty 500 index. While in Nifty 500 index, the total weight of each size segment (Large, Mid and Small cap) is based on the total free float market capitalisation of all stocks falling within that size segment, in Nifty500 Multicap 50:25:25 index, the total weight to each of these three segments (Large, Mid and Small cap) is fixed at 50%, 25% and 25% respectively at every quarterly rebalance date. The weight of 50%, 25% and 25% for the three segments are further divided amongst stocks within the respective segment based on underlying stock’s free float market capitalizations. Weight of each size segment may be different from its respective capped level between two rebalance dates due to price drift of underlying stocks.
The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products
Index Variant: Nifty500 Multicap 50:25:25 Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 5.74 | 9.76 | 41.08 | 19.35 | 15.02 |
| Total Return | 5.91 | 10.11 | 42.32 | 20.58 | 16.55 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 11.54 | 18.19 | 20.19 |
| Beta (NIFTY 50) | 0.97 | 0.91 | 0.89 |
| Correlation (NIFTY 50) | 0.85 | 0.94 | 0.94 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 26.55 | 4.3 | 0.98 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd | 4.47 |
| Reliance Industries Ltd | 3.76 |
| ICICI Bank Ltd. | 3.06 |
| Infosys Ltd | 1.95 |
| Larsen & Toubro Ltd. | 1.68 |
| ITC Ltd. | 1.47 |
| Tata Consultancy Services Ltd. | 1.44 |
| Bharti Airtel Ltd. | 1.39 |
| Axis Bank Ltd. | 1.28 |
| State Bank of India | 1.24 |
Performance Review of the Fund Managers of Franklin Templeton Multi Cap Fund?
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.
Past Performance of his Schemes
| Fund | Franklin India Prima Fund | It’s Benchmark |
| 1 Year | 53.84 | 58.20 |
| 3 Year | 24.16 | 27.84 |
| 5 Year | 22.51 | 28.95 |
| 7 Year | 16.47 | 20.20 |
| 10 Year | 18.37 | 21.36 |
As on 22-06-2024
2) Kiran Sebastian
Education: Mr. Sebastian is a MBA, University of Oxford. B.Tech, University of Calicut.
Experience: Prior to joining Franklin Templeton Mutual Fund, he has worked with ARGA Investment Management (India) Pvt. Ltd.
Past Performance of his Schemes
| Fund | Franklin Build India Fund | It’s Benchmark |
| 1 Year | 77.21 | 111.08 |
| 3 Year | 35.41 | 42.67 |
| 5 Year | 26.95 | 29.42 |
| 7 Year | 20.66 | 20.27 |
| 10 Year | 21.58 | 17.00 |
As on 22-06-2024
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.
Past Performance of his Schemes
| Fund | Franklin India Prima Fund | It’s Benchmark | Franklin India Flexi Cap Fund | It’s Benchmark |
| 1 Year | 53.84 | 58.20 | 44.10 | 37.84 |
| 3 Year | 24.16 | 27.84 | 22.44 | 19.41 |
| 5 Year | 22.51 | 28.95 | 21.36 | 19.77 |
| 7 Year | 16.47 | 20.20 | 16.18 | 16.27 |
| 10 Year | 18.37 | 21.36 | 16.53 | 15.31 |
As on 22-06-2024
Which Company Owns Franklin Templeton Multi Cap Fund?
Franklin Templeton Asset Management India Private Ltd
Address: Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211 Free Press Journal Marg, Nariman Point Mumbai – 400013
Website: http://www.franklintempletonindia.com
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in Franklin Templeton Multi Cap Fund NFO?
Guidance for Franklin Templeton Multi Cap Fund by Paresh Gordhandas, C.A., Research Analyst.
The Franklin Templeton Multicap Fund NFO is based on the Nifty500 Multicap 50:25:25 index as its benchmark. The Multicap space, though one of the most popular space in the Mutual Fund industry is also one of the most competitive. There are a lot of funds which are generating really good returns and the Franklin Templeton Multicap Fund will be in direct competition with these funds.
The Nippon India Multicap Fund has generated one year return of 52.95%, SBI Multicap Fund has one year return of 37.58%, HDFC Multicap Fund has one year return of 50.96% and ICICI Prudential Multicap Fund has one year return of 46.68%.
Now, coming to the performance of the Fund Managers, a sample study of the returns generated by other Funds managed by them does not show a promising picture. All these are mostly underperforming their respective benchmarks. In a multicap fund, stock selection is very important and the performance of the Fund Managers leaves much to be desired.
Rather than investing in the NFO, it would be prudent to invest after a year after monitoring the returns generated by this Fund.
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