you are here:

Franklin India Taxshield Fund - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 587.828 0.81%
    (as on 20th November, 2020)
Crisil Rank
Relatively weak performance among peers
Risk-O-Meter
Moderately High
(Min ₹500 for SIP, ₹500 for one time investment)

Fund has 95.99% investment in indian stocks of which 65.66% is in large cap stocks, 16.35% is in mid cap stocks, 5.24% 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 1 in the previous quarter.

This Scheme
VS
  • Benchmark
    Nifty 500
  • NA
  • NA
  • Gold
Compare with
  • Date : -
  • NAV : -
  • Nifty 500 : -
  • Date : -
  • Investment : -
  • Value on selected date : -
  • Returns Calculator
  • SIP Calculator
  • VIP (Value Avg)
Amount
  • Investment Date
  • Sell Date
  • Investment Value
    -
  • Sell Value
    -
  • Profit/Loss
    -
  • Annualised Returns
    -
  • Date : -
  • Investment : -
  • Value on selected date : -

Returns (NAV as on 20th November, 2020)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 13-Nov-20 10239.50 2.40% - 2.05% 23/67
1 Month 20-Oct-20 11252.40 12.52% - 8.52% 3/67
3 Month 20-Aug-20 11438.90 14.39% - 11.27% 6/67
6 Month 20-May-20 14343.50 43.44% - 40.42% 19/67
YTD 01-Jan-20 10180.60 1.81% - 8.13% 56/67
1 Year 20-Nov-19 10270.10 2.70% 2.69% 9.13% 58/67
2 Year 20-Nov-18 11016.20 10.16% 4.95% 8.19% 48/64
3 Year 20-Nov-17 10709.10 7.09% 2.31% 2.92% 34/54
5 Year 20-Nov-15 14059.70 40.60% 7.04% 9.89% 35/39
10 Year 19-Nov-10 27515.70 175.16% 10.64% 9.84% 10/29
Since Inception 10-Apr-99 587828.00 5778.28% 20.72% 9.99% 4/63

SIP Returns (NAV as on 20th November, 2020)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 20-Nov-19 12000 14195.75 18.3 % 35.27 %
2 Year 20-Nov-18 24000 26985.54 12.44 % 11.67 %
3 Year 20-Nov-17 36000 39811.53 10.59 % 6.63 %
5 Year 20-Nov-15 60000 70732.4 17.89 % 6.51 %
10 Year 19-Nov-10 120000 210096.55 75.08 % 10.78 %
 

Tax Treatment

Portfolio (Updated on 31st Oct,2020)

Portfolio Turnover Ratio : 24.53%  |   Category average turnover ratio is 69.09%  
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 : 95.99% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 95.99%
No of Stocks : 57 (Category Avg - 47.14) | Large Cap Investments : 65.66%| Mid Cap Investments : 16.35% | Small Cap Investments : 5.24% | Other : 8.77%

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 3787.4 10.63% 0.26% 11.11% (Jul 2020) 3.26% (Nov 2019) 35.71 L 0.00
Axis Bank Ltd. Banks 3462.2 9.72% 1.12% 9.72% (Oct 2020) 7.5% (Jun 2020) 70.30 L 0.00
HDFC Bank Ltd. Banks 3112.9 8.74% 0.57% 9.7% (Mar 2020) 7.04% (Jan 2020) 26.30 L 0.00
ICICI Bank Ltd. Banks 1720.8 4.83% 0.35% 5.68% (Mar 2020) 4.4% (Jul 2020) 43.83 L 0.00
Power Grid Corporation of India Ltd. Power- transmission 1388.4 3.90% 0.57% 4.07% (Mar 2020) 3.28% (Jan 2020) 81.19 L 10.00 L
Bharti Airtel Ltd. Telecom - services 1320.6 3.71% 0.02% 5.45% (May 2020) 3.28% (Nov 2019) 30.45 L 0.00
Tata Power Co. Ltd. Power 1075.6 3.02% 0.31% 3.02% (Oct 2020) 1.58% (Apr 2020) 2.06 Cr 30.00 L
Mahindra & Mahindra Ltd. Passenger/utility vehicles 997.7 2.80% -0.14% 3.27% (Jul 2020) 2.11% (Mar 2020) 16.80 L 0.00
Petronet LNG Ltd. Lpg/cng/png/lng supplier 942 2.64% 0.05% 3.34% (May 2020) 2.59% (Sep 2020) 40.79 L 0.00
Dr. Reddys Laboratories Ltd. Pharmaceuticals 865.8 2.43% -0.22% 3.95% (Mar 2020) 2.08% (Aug 2020) 1.77 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 4.01%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th October, 2020)

  • Standard Deviation

    High volatility
    19.55vs17.5
    Category Avg
  • Beta

    High volatility
    0.95vs0.81
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    -0.16vs-0.1
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    -0.03vs-0.02
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -3.23vs-2.36
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth NA 18.78 5.64 9.47 50.76 24.83 9.47
BOI AXA Tax Advantage Fund - Regular Plan - Growth 5 318.52 7.16 14.00 40.79 23.24 7.92
Parag Parikh Tax Saver Fund - Regular Plan - Growth NA 75.24 3.30 10.03 42.87 19.60 0.00
Canara Robeco Equity Tax Saver - Regular Plan - Growth 5 1216.95 5.22 11.83 37.06 16.63 11.22
Mirae Asset Tax Saver Fund - Regular Plan - Growth 4 4462.58 8.62 14.30 48.83 13.84 9.29
UTI Long Term Equity Fund (Tax Saving) - Growth 3 1379.32 11.27 13.75 41.29 13.15 5.91
Union Long Term Equity Fund - Growth 5 274.42 7.14 11.52 39.06 12.31 7.02
Axis Long Term Equity Fund - Growth 4 22631.51 13.69 16.19 36.61 12.31 10.71
JM Tax Gain Fund - Growth 3 39.84 13.08 16.90 48.81 10.98 7.28
BNP Paribas Long Term Equity Fund - Growth 4 452.84 6.98 10.59 34.45 10.81 5.75

More Funds from Franklin Templeton Mutual Fund

Out of 63 mutual fund schemes offered by this AMC, 2 is/are ranked 4 * , 4 is/are ranked 3 * , 8 is/are ranked 2 * , 13 is/are ranked 1 * , and 36 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Franklin India Ultra Short Bond Fund - Super Institutional - Growth 1 10065.58 0.70 2.01 4.77 4.43 7.37
Franklin India Equity Fund - Growth 2 8121.38 12.79 15.27 43.23 8.38 3.28
Franklin India Focused Equity Fund - Growth 2 6580.61 14.05 14.54 39.04 1.64 1.93
Franklin India Prima Fund - Growth 2 6336.81 12.43 13.78 46.78 9.17 2.99
Franklin India Smaller Companies Fund - Growth 2 5645.02 11.64 15.54 54.76 7.88 -3.78
Franklin India Short Term Income Plan - Growth 1 5303.99 2.30 -0.21 0.94 -8.57 1.44
Franklin India Bluechip Fund - Growth 1 4948.14 8.23 12.92 40.15 6.96 6.54
Franklin India Bluechip Fund - Growth 1 4948.14 12.20 15.26 38.60 6.18 3.27
Franklin India Taxshield Fund - Growth 1 3563.12 12.52 14.39 43.43 2.69 2.31
Franklin India Credit Risk Fund - Growth 2 3481.06 2.13 4.75 6.17 -2.74 3.17

Forum

+ See More