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Franklin India Taxshield Fund - Direct - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 958.344 -1.59%
    (as on 27th January, 2023)
Crisil Rank
Above average performance among peers
Risk-O-Meter
Very High

The fund has 96.63% investment in domestic equities of which 65.81% is in Large Cap stocks, 12.25% is in Mid Cap stocks, 6.03% 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 3 to 4 in the previous quarter.

This Scheme
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    Nifty 500
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Returns (NAV as on 27th January, 2023)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 20-Jan-23 9692.20 -3.08% - -2.53% 49/59
1 Month 27-Dec-22 9602.10 -3.98% - -3.17% 46/58
3 Month 27-Oct-22 9669.10 -3.31% - -2.06% 31/58
6 Month 27-Jul-22 10653.40 6.53% - 5.92% 11/57
YTD 30-Dec-22 9623.00 -3.77% - -3.32% 44/60
1 Year 27-Jan-22 10242.60 2.43% 2.43% 3.30% 28/57
2 Year 27-Jan-21 13804.50 38.05% 17.49% 18.34% 24/57
3 Year 27-Jan-20 15402.10 54.02% 15.47% 17.36% 33/57
5 Year 25-Jan-18 16030.70 60.31% 9.88% 10.12% 22/47
10 Year 25-Jan-13 38926.10 289.26% 14.54% 14.77% 14/28
Since Inception 01-Jan-13 39497.40 294.97% 14.60% 13.92% 26/55

SIP Returns (NAV as on 27th January, 2023)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 27-Jan-22 12000 12415.92 3.47 % 6.45 %
2 Year 27-Jan-21 24000 26269.74 9.46 % 8.93 %
3 Year 27-Jan-20 36000 47836.22 32.88 % 19.33 %
5 Year 25-Jan-18 60000 87205.95 45.34 % 14.92 %
10 Year 25-Jan-13 120000 246516.26 105.43 % 13.78 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st Dec,2022)

Portfolio Turnover Ratio : 23.00%  |   Category average turnover ratio is 48.55%  
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 : 96.63% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 96.63%
No of Stocks : 51 (Category Avg - 47.22) | Large Cap Investments : 65.81%| Mid Cap Investments : 12.25% | Small Cap Investments : 6.03% | Other : 12.56%

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
HDFC Bank Ltd. Banks 4233.2 8.63% 0.42% 8.63% (Dec 2022) 7.15% (Jan 2022) 26.00 L 0.00
ICICI Bank Ltd. Banks 4187 8.53% -0.26% 8.79% (Nov 2022) 7.6% (Jan 2022) 47.00 L 0.00
Axis Bank Ltd. Banks 3408.2 6.94% 0.18% 7.75% (Jan 2022) 6.18% (Sep 2022) 36.50 L -1.75 L
Infosys Ltd. Computers - software 3016.4 6.15% -0.27% 8.01% (Jan 2022) 5.95% (Sep 2022) 20.00 L 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 2607.3 5.31% 0.22% 5.31% (Dec 2022) 4.66% (Apr 2022) 12.50 L 0.00
Bharti Airtel Ltd. Telecom - services 2498.9 5.09% -0.24% 5.39% (Sep 2022) 4.3% (Jan 2022) 31.00 L -1.00 L
State Bank Of India Banks 1841.1 3.75% 0.20% 3.75% (Dec 2022) 2.7% (Jan 2022) 30.00 L 0.00
United Spirits Ltd. Brew/distilleries 1404.1 2.86% -0.07% 2.96% (Mar 2022) 2.09% (Jan 2022) 16.00 L 0.00
Grasim Industries Limited Cement 1378.8 2.81% 0.05% 3.04% (Apr 2022) 2.6% (Jun 2022) 8.00 L 0.00
HCL Technologies Limited Computers - software 1351.1 2.75% -0.33% 3.16% (Mar 2022) 2.54% (Jan 2022) 13.00 L -1.00 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 3.37%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th December, 2022)

  • Standard Deviation

    High volatility
    21.77vs20.47
    Category Avg
  • Beta

    High volatility
    0.98vs0.89
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.51vs0.6
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.11vs0.14
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    0.63vs2.34
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Baroda BNP Paribas ELSS Fund - Direct Plan - Growth (Adjusted NAV) NA 681.38 -3.17 65.04 74.72 66.17 34.49
Sundaram Tax Saving Fund - Direct Plan - Growth (Adjusted NAV) NA 965.02 -2.30 10.75 19.57 17.07 22.29
HDFC Tax Saver Fund - Direct Plan - Growth 5 9992.81 -1.99 -1.10 8.49 11.07 16.18
Parag Parikh Tax Saver Fund - Direct Plan - Growth 5 941.56 0.44 -0.83 10.12 8.38 23.64
Quantum Tax Saving Fund - Direct Plan - Growth 3 115.49 -0.86 1.21 7.15 7.46 14.82
SBI Long Term Equity Fund - Direct Plan - Growth 4 11923.53 -2.12 -0.78 7.48 6.60 16.67
Quant Tax Plan - Direct Plan - Growth 5 2506.48 -6.14 -6.49 4.84 6.53 35.73
Taurus Taxshield - Direct Plan - Growth 2 62.54 -0.62 0.54 9.01 6.26 13.20
Kotak Tax Saver Fund - Direct Plan - Growth 4 3161.09 -3.63 -2.29 6.03 5.63 16.07
Tata India Tax Savings Fund - Direct Plan - Growth 3 3192.07 -3.51 -2.50 6.11 4.09 15.24

More Funds from Franklin Templeton Mutual Fund

Out of 33 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 5 is/are ranked 4 * , 4 is/are ranked 3 * , 8 is/are ranked 2 * , 2 is/are ranked 1 * , and 13 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 4 10431.27 -3.99 -3.53 6.18 2.32 18.01
Franklin India Focused Equity Fund - Direct - Growth 5 8413.74 -2.12 -1.09 7.72 5.57 18.32
Franklin India Prima Fund - Direct - Growth 2 7601.60 -3.26 -4.03 4.25 2.68 14.60
Franklin India Smaller Companies Fund - Direct - Growth 2 7287.57 -2.54 -1.80 8.22 4.75 21.95
Franklin India Bluechip Fund - Direct - Growth 2 6495.35 -2.11 -0.19 4.06 -0.89 13.26
Franklin India Taxshield Fund - Direct - Growth 4 4907.86 -3.98 -3.31 6.53 2.43 15.47
Franklin India Feeder - Franklin U.S. Opportunities Fund - Direct - Growth NA 2760.63 4.65 2.17 -4.29 -11.10 7.27
Franklin India Equity Advantage Fund - Direct - Growth 2 2670.04 -3.01 -2.08 0.55 -2.06 13.21
Franklin India Liquid Fund - Super Institutional - Direct - Growth 1 1460.95 0.56 1.65 3.10 5.15 4.25
Franklin India Equity Hybrid Fund - Direct - Growth 4 1397.57 -2.38 -1.23 6.16 3.84 13.50

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