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Franklin India Taxshield Fund - Direct - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 831.4168 -0.5%
    (as on 17th June, 2021)
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Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High

Fund has 98.6% investment in indian stocks of which 66.85% is in large cap stocks, 18.17% is in mid cap stocks, 5.41% 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 17th June, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 10-Jun-21 9921.80 -0.78% - -0.52% 49/62
1 Month 17-May-21 10707.00 7.07% - 6.73% 20/63
3 Month 17-Mar-21 10967.60 9.68% - 10.89% 28/63
6 Month 17-Dec-20 12349.20 23.49% - 22.43% 20/63
YTD 01-Jan-21 12164.40 21.64% - 20.43% 19/63
1 Year 17-Jun-20 17315.80 73.16% 73.16% 70.35% 21/63
2 Year 17-Jun-19 13948.50 39.49% 18.08% 21.37% 42/61
3 Year 15-Jun-18 14142.20 41.42% 12.21% 13.31% 31/57
5 Year 17-Jun-16 18649.50 86.50% 13.27% 15.72% 34/42
Since Inception 01-Jan-13 34266.20 242.66% 15.66% 15.45% 28/57

SIP Returns (NAV as on 17th June, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 17-Jun-20 12000 15998.54 33.32 % 66.98 %
2 Year 17-Jun-19 24000 34121.1 42.17 % 37.92 %
3 Year 15-Jun-18 36000 51288.94 42.47 % 24.37 %
5 Year 17-Jun-16 60000 89845.89 49.74 % 16.15 %
 

Tax Treatment

Portfolio (Updated on 31st May,2021)

Portfolio Turnover Ratio : 22.75%  |   Category average turnover ratio is 23.45%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 98.60% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.60%
No of Stocks : 55 (Category Avg - 46.94) | Large Cap Investments : 66.85%| Mid Cap Investments : 18.17% | Small Cap Investments : 5.41% | Other : 8.15%

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 3872.5 8.35% -0.32% 11.11% (Jul 2020) 7.9% (Feb 2021) 27.78 L 0.00
Axis Bank Ltd. Banks 3851 8.31% -0.15% 10.14% (Nov 2020) 7.5% (Jun 2020) 51.30 L 0.00
HDFC Bank Ltd. Banks 3759.5 8.11% 0.03% 9.35% (Nov 2020) 7.64% (Jan 2021) 24.80 L 0.00
ICICI Bank Ltd. Banks 2838.6 6.12% 0.19% 6.12% (May 2021) 4.4% (Jul 2020) 42.83 L 0.00
Power Grid Corporation of India Ltd. Power- transmission 1832.1 3.95% -0.17% 4.12% (Apr 2021) 3.33% (Sep 2020) 81.19 L 0.00
Tata Power Co. Ltd. Power 1753.7 3.78% 0.03% 4.45% (Feb 2021) 2.39% (Jun 2020) 1.65 Cr 0.00
Kotak Mahindra Bank Ltd. Banks 1264.8 2.73% -0.09% 2.89% (Jan 2021) 1.73% (Sep 2020) 7.00 L 0.00
Bharti Airtel Ltd. Telecom - services 1227.4 2.65% -0.19% 5.15% (Jun 2020) 2.65% (May 2021) 22.95 L 0.00
Grasim Industries Limited Cement 1223.2 2.64% -0.21% 2.92% (Mar 2021) 1.95% (Dec 2020) 8.31 L -0.50 L
Larsen & Toubro Ltd. Engineering, designing, construction 1111.2 2.40% 0.06% 2.48% (Feb 2021) 1.97% (Sep 2020) 7.57 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 1.40%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2021)

  • Standard Deviation

    High volatility
    20.8vs19.07
    Category Avg
  • Beta

    High volatility
    0.97vs0.84
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.4vs0.46
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.09vs0.1
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -1.75vs0.25
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 203.59 4.70 24.12 45.04 118.27 30.17
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 4 3271.32 6.70 13.68 32.25 89.88 15.12
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 453.28 7.57 12.61 24.13 77.84 17.73
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 7939.53 6.29 9.82 23.37 77.59 21.06
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 2226.66 6.66 9.18 22.30 71.66 20.40
DSP Tax Saver Fund - Direct Plan - Growth 4 8746.70 5.99 12.66 24.94 70.80 17.96
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 3 371.75 7.78 10.49 25.72 70.43 14.39
Nippon India Tax Saver Fund - Direct Plan - Growth 1 11667.38 4.65 7.81 23.31 69.44 6.46
PGIM India Long Term Equity Fund - Direct Plan - Growth 3 367.13 5.81 12.56 23.40 69.39 15.44
JM Tax Gain Fund - (Direct) - Growth 4 55.98 6.46 7.63 16.86 68.55 15.63

More Funds from Franklin Templeton Mutual Fund

Out of 54 mutual fund schemes offered by this AMC, 10 is/are ranked 3 * , 8 is/are ranked 2 * , 6 is/are ranked 1 * , and 30 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 9604.60 5.95 8.52 24.14 71.28 13.56
Franklin India Focused Equity Fund - Direct - Growth 3 7794.21 6.73 10.57 26.86 70.81 16.38
Franklin India Prima Fund - Direct - Growth 2 7561.62 7.30 8.90 20.87 72.32 13.06
Franklin India Smaller Companies Fund - Direct - Growth 3 6657.08 8.41 13.84 32.00 100.96 9.91
Franklin India Bluechip Fund - Direct - Growth 3 6379.48 4.68 8.82 23.20 65.73 13.34
Franklin India Taxshield Fund - Direct - Growth 3 4635.75 7.07 9.68 23.49 73.16 12.21
Franklin India Short Term Income Plan - Direct - Growth 1 4298.94 0.81 4.19 7.99 9.46 4.43
Franklin India Feeder - Franklin U.S. Opportunities Fund - Direct - Growth NA 3162.97 8.38 8.88 7.48 29.45 23.19
Franklin India Ultra Short Bond Fund - Super Institutional - Direct - Growth 1 3002.11 0.63 1.58 3.36 7.83 7.34
Franklin India Equity Advantage Fund - Direct - Growth 2 2623.86 8.08 10.77 24.30 80.22 11.76

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