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Franklin India Taxshield Fund - Direct - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 770.799 -0.8%
    (as on 12th May, 2021)
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Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High

Fund has 97.73% investment in indian stocks of which 66.9% is in large cap stocks, 17.68% is in mid cap stocks, 5.03% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

Crisil Rank Change : Fund Crisil rank was updated from 2 to 3 in the previous quarter.

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Returns (NAV as on 12th May, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 05-May-21 10139.60 1.40% - 0.36% 20/62
1 Month 12-Apr-21 10648.60 6.49% - 4.01% 18/63
3 Month 12-Feb-21 10146.20 1.46% - 2.36% 27/63
6 Month 12-Nov-20 12571.60 25.72% - 24.84% 24/63
YTD 01-Jan-21 11277.50 12.78% - 11.77% 22/63
1 Year 12-May-20 17442.30 74.42% 74.42% 68.05% 18/63
2 Year 10-May-19 13168.20 31.68% 14.69% 19.58% 48/61
3 Year 11-May-18 13092.40 30.92% 9.38% 9.75% 29/57
5 Year 12-May-16 17706.80 77.07% 12.10% 14.85% 34/42
Since Inception 01-Jan-13 31767.90 217.68% 14.82% 14.08% 28/57

SIP Returns (NAV as on 12th May, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 12-May-20 12000 15602.82 30.02 % 60.13 %
2 Year 10-May-19 24000 31898.67 32.91 % 30.04 %
3 Year 11-May-18 36000 47881.96 33.01 % 19.43 %
5 Year 12-May-16 60000 84125.31 40.21 % 13.49 %
 

Tax Treatment

Portfolio (Updated on 30th Apr,2021)

Equity Holding : 97.73% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.73%
No of Stocks : 55 (Category Avg - 46.80) | Large Cap Investments : 66.9%| Mid Cap Investments : 17.68% | Small Cap Investments : 5.03% | Other : 8.12%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Infosys Ltd. Computers - software 3763 8.68% -0.01% 11.11% (Jul 2020) 7.9% (Feb 2021) 27.78 L 0.00
Axis Bank Ltd. Banks 3667.3 8.46% 0.28% 10.14% (Nov 2020) 7.5% (Jun 2020) 51.30 L 0.00
HDFC Bank Ltd. Banks 3502.7 8.08% 0.29% 9.35% (Nov 2020) 7.64% (Jan 2021) 24.80 L 2.00 L
ICICI Bank Ltd. Banks 2572 5.93% 0.23% 5.93% (Apr 2021) 4.4% (Jul 2020) 42.83 L 0.00
Power Grid Corporation of India Ltd. Power- transmission 1786.6 4.12% 0.12% 4.12% (Apr 2021) 3.33% (Sep 2020) 81.19 L 0.00
Tata Power Co. Ltd. Power 1628.5 3.76% -0.13% 4.45% (Feb 2021) 1.85% (May 2020) 1.65 Cr 0.00
Grasim Industries Limited Cement 1235.6 2.85% -0.07% 3.77% (May 2020) 1.95% (Dec 2020) 8.81 L 0.00
Bharti Airtel Ltd. Telecom - services 1231.6 2.84% 0.13% 5.45% (May 2020) 2.71% (Mar 2021) 22.95 L 0.00
Kotak Mahindra Bank Ltd. Banks 1223.6 2.82% 0.02% 2.89% (Jan 2021) 1.73% (Sep 2020) 7.00 L 0.00
Hindustan Unilever Ltd. Diversified 1074.4 2.48% -0.06% 2.54% (Mar 2021) 0% (May 2020) 4.56 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 2.27%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th April, 2021)

  • Standard Deviation

    High volatility
    20.74vs19.07
    Category Avg
  • Beta

    High volatility
    0.97vs0.85
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.3vs0.31
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.06vs0.07
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -1.16vs-0.35
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 147.76 13.23 23.42 55.10 135.81 28.02
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 4 3068.81 5.27 6.34 36.15 89.87 11.18
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 7251.32 3.38 0.79 23.17 75.08 17.55
DSP Tax Saver Fund - Direct Plan - Growth 4 8176.47 5.15 4.04 27.30 69.05 14.42
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 435.67 4.37 4.15 24.36 69.01 13.48
PGIM India Long Term Equity Fund - Direct Plan - Growth 3 346.80 5.75 4.12 27.01 68.13 12.73
JM Tax Gain Fund - (Direct) - Growth 4 52.47 1.12 -2.40 18.59 67.17 12.27
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 200.28 5.14 3.99 19.53 67.15 0.00
Nippon India Tax Saver Fund - Direct Plan - Growth 1 11115.39 2.89 3.17 27.84 66.71 3.18
ITI Long Term Equity Fund - Direct Plan - Growth NA 81.10 4.86 4.16 26.27 66.65 0.00

More Funds from Franklin Templeton Mutual Fund

Out of 55 mutual fund schemes offered by this AMC, 10 is/are ranked 3 * , 8 is/are ranked 2 * , 6 is/are ranked 1 * , and 31 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Franklin India Flexi Cap Fund - Direct - Growth 3 9105.47 4.13 -0.02 27.02 73.26 11.37
Franklin India Focused Equity Fund - Direct - Growth 3 7359.87 5.37 1.31 29.74 71.39 13.22
Franklin India Prima Fund - Direct - Growth 2 7194.82 2.34 1.28 24.28 72.55 9.25
Franklin India Smaller Companies Fund - Direct - Growth 3 6234.39 5.41 7.53 36.96 98.46 5.69
Franklin India Bluechip Fund - Direct - Growth 3 5910.59 5.44 1.00 25.73 67.49 11.96
Franklin India Short Term Income Plan - Direct - Growth 1 4656.90 1.55 4.63 9.92 10.49 4.30
Franklin India Taxshield Fund - Direct - Growth 3 4336.40 4.58 1.46 25.16 70.71 9.38
Franklin India Ultra Short Bond Fund - Super Institutional - Direct - Growth 1 3785.09 1.23 2.63 4.15 9.37 7.70
Franklin India Feeder - Franklin U.S. Opportunities Fund - Direct - Growth NA 3204.71 -6.79 -5.24 4.46 35.80 22.11
Franklin India Credit Risk Fund - Direct - Growth 2 2571.76 1.65 5.45 10.40 16.97 6.18

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