March 21, 2024
mayank
Templeton India Equity Income Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 132.2503
NAV IDCW: Rs 27.8836
Suitable For Which Investors?
This is a fund that invests mainly in companies which have a high dividend yield, which is basically a financial ratio that indicates how much a company pays out in dividends each year relative to its share price.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks to provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield, by using a value strategy.
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) Rajasa Kakulavarapu
Education: Ms. Kakulavarapu has done B.Tech and MBA.
Experience: Prior to joining Franklin Templeton Mutual Fund, she has worked with Jefferies India Pvt. Ltd. and Credit Suisse Securities (India) Pvt. 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 | 16.70% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,091 Cr |
| (As on 29-Feb-2024) | |
| Expense | 1.36% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 11.49% |
Trailing Returns (%) of Templeton India Equity Income Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Templeton India Equity Income Dir | 6.91 | 0.16 | -4.37 | 11.79 | 21.88 | 41.21 | 25.54 | 22.23 | 18.24 | 18.50 |
| 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: Thematic-Dividend Yield | 3.04 | 0.12 | -3.95 | 6.77 | 17.11 | 43.35 | 24.51 | 20.24 | 16.50 | 16.88 |
| Rank within category | 2 | 4 | 7 | 1 | 2 | 7 | 4 | 2 | 1 | 1 |
| Number of funds in category | 9 | 9 | 9 | 9 | 9 | 9 | 7 | 5 | 5 | 4 |
Peer Comparison of Templeton India Equity Income 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 (%) | |
| Templeton India Equity Income Dir | Unrated | 41.21 | 25.54 | 22.23 | 1.36 | 2,091 | 16.70 | 1.00 (365) | 11Y 2M | 11.49 |
| SBI Dividend Yield Dir | Unrated | 33.12 | — | — | 0.75 | 6,784 | 32.76 | 1.00 (365) | 1Y | — |
| HDFC Dividend Yield Dir | Unrated | 44.54 | 26.80 | — | 0.51 | 4,630 | 28.04 | 1.00 (365) | 3Y 3M | 15.00 |
| UTI Dividend Yield Dir | Unrated | 39.51 | 19.98 | 17.39 | 1.42 | 3,614 | 13.93 | 1.00 (364) | 11Y 2M | 32.00 |
| ICICI Pru Dividend Yield Equity Dir | Unrated | 53.48 | 31.14 | 22.72 | 0.52 | 3,449 | 17.22 | 1.00 (365) | 9Y 10M | 37.00 |
Portfolio Analysis of Templeton India Equity Income Fund
| No. of Stocks | 39 |
| Top 10 Stocks | 45.75% |
| Top 5 Stocks | 26.31% |
| Top 3 Sectors | 59.88% |
| Portfolio P/B Ratio | 2.43 |
| Portfolio P/E Ratio | 14.45 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,66,465 | 1,55,914 |
| Giant (%) | 58.28 | 54.92 |
| Large (%) | 23.46 | 18.00 |
| Mid (%) | 14.95 | 21.44 |
| Small (%) | 3.31 | 6.35 |
| Tiny (%) | — | — |
How to Invest in Templeton India Equity Income Fund?
Chanakya’s Mutual Fund Guidance For Templeton India Equity Income Fund
Do not invest in this, or any other dividend yield fund, if you need to redeem your investment in less than five years.
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Quicklinks
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