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Franklin India Taxshield Fund - Direct - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 936.3933 0.23%
    (as on 10th August, 2022)
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Crisil Rank
Average performance among peers
Risk-O-Meter
Very High

The fund has 96.75% investment in domestic equities of which 67.11% is in Large Cap stocks, 14.38% is in Mid Cap stocks, 4.14% 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 10th August, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 03-Aug-22 10115.60 1.16% - 0.84% 9/55
1 Month 08-Jul-22 10663.70 6.64% - 7.80% 47/55
3 Month 10-May-22 10860.70 8.61% - 8.38% 40/55
6 Month 10-Feb-22 9794.20 -2.06% - -0.10% 39/55
YTD 31-Dec-21 9991.70 -0.08% - 0.12% 32/55
1 Year 10-Aug-21 10865.50 8.65% 8.66% 8.09% 28/55
2 Year 10-Aug-20 17553.00 75.53% 32.49% 32.37% 17/55
3 Year 09-Aug-19 16533.40 65.33% 18.21% 22.04% 39/54
5 Year 10-Aug-17 17417.40 74.17% 11.73% 13.02% 28/43
Since Inception 01-Jan-13 38592.70 285.93% 15.09% 15.45% 24/51

SIP Returns (NAV as on 10th August, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 10-Aug-21 12000 12271.53 2.26 % 4.22 %
2 Year 10-Aug-20 24000 28855.8 20.23 % 18.82 %
3 Year 09-Aug-19 36000 49638.3 37.88 % 22.01 %
5 Year 10-Aug-17 60000 88728.88 47.88 % 15.64 %
 

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 30th Jun,2022)

Portfolio Turnover Ratio : 35.26%  |   Category average turnover ratio is 28.26%  
Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)
Equity Holding : 96.75% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 96.75%
No of Stocks : 54 (Category Avg - 47.48) | Large Cap Investments : 67.11%| Mid Cap Investments : 14.38% | Small Cap Investments : 4.14% | Other : 11.16%

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 3504.8 8.13% 0.24% 8.13% (Jun 2022) 7.1% (Dec 2021) 26.00 L 0.00
ICICI Bank Ltd. Banks 3465.3 8.04% -0.03% 8.06% (May 2022) 5.98% (Sep 2021) 49.00 L 0.00
Infosys Ltd. Computers - software 2923.8 6.78% 0.21% 9.72% (Aug 2021) 6.57% (May 2022) 20.00 L 0.00
Axis Bank Ltd. Banks 2738.2 6.35% -0.09% 8.27% (Aug 2021) 6.35% (Jun 2022) 43.00 L 0.00
Bharti Airtel Ltd. Telecom - services 2191.8 5.08% -0.12% 5.35% (Mar 2022) 2.72% (Jul 2021) 32.00 L -2.00 L
- Larsen & Toubro Ltd. Engineering, designing, construction 2103.6 4.88% 0.00% 5.03% (Feb 2022) 2.56% (Jul 2021) 13.50 L 0.00
State Bank Of India Banks 1397.7 3.24% 0.17% 3.24% (Jun 2022) 1.69% (Aug 2021) 30.00 L 0.00
HCL Technologies Limited Computers - software 1313.9 3.05% -0.02% 3.16% (Mar 2022) 0% (Jul 2021) 13.50 L 0.00
United Spirits Ltd. Brew/distilleries 1215.6 2.82% -0.01% 2.96% (Mar 2022) 1.21% (Jul 2021) 16.00 L 0.00
United Breweries Ltd. Brew/distilleries 1162.2 2.70% -0.34% 3.03% (May 2022) 2.63% (Jul 2021) 8.00 L -1.00 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 3.25%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th July, 2022)

  • Standard Deviation

    High volatility
    21.95vs20.71
    Category Avg
  • Beta

    High volatility
    0.98vs0.9
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.56vs0.75
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.13vs0.17
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -1.03vs2.21
    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 1584.38 9.19 8.61 0.84 15.54 40.27
HDFC Tax Saver Fund - Direct Plan - Growth 4 9408.98 6.89 9.61 4.67 15.28 17.96
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 680.09 5.13 6.37 -0.16 13.11 24.54
Tata India Tax Savings Fund - Direct Plan - Growth 3 3014.29 8.57 10.34 0.38 11.29 19.09
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3692.39 6.99 7.65 -2.26 11.01 24.93
Sundaram Tax Saving Fund - Direct Plan - Growth 3 854.18 6.76 9.62 -1.04 10.63 19.88
Nippon India Tax Saver Fund - Direct Plan - Growth 3 11740.98 7.60 9.19 -0.04 10.15 17.94
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 4 485.36 8.08 10.40 0.12 9.98 22.31
Kotak Tax Saver Fund - Direct Plan - Growth 4 2794.27 7.86 9.27 -0.37 9.95 20.97
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 5 397.64 5.99 6.38 -2.16 9.17 21.17

More Funds from Franklin Templeton Mutual Fund

Out of 45 mutual fund schemes offered by this AMC, 6 is/are ranked 4 * , 7 is/are ranked 3 * , 4 is/are ranked 2 * , 6 is/are ranked 1 * , and 22 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 9083.08 6.37 7.44 -1.84 9.56 20.93
Franklin India Focused Equity Fund - Direct - Growth 4 7181.06 6.98 10.55 -0.42 10.44 20.82
Franklin India Prima Fund - Direct - Growth 1 6523.29 8.28 10.56 -0.27 2.45 18.69
Franklin India Smaller Companies Fund - Direct - Growth 2 6208.36 7.55 5.96 -2.86 7.45 24.19
Franklin India Bluechip Fund - Direct - Growth 3 5927.16 5.80 8.67 -2.22 3.23 17.87
Franklin India Taxshield Fund - Direct - Growth 3 4312.12 6.39 7.59 -1.56 8.05 18.16
Franklin India Feeder - Franklin U.S. Opportunities Fund - Direct - Growth NA 2888.25 9.78 15.66 -10.44 -18.15 14.93
Franklin India Equity Advantage Fund - Direct - Growth 3 2494.87 6.09 9.47 -1.15 6.44 18.91
Franklin India Liquid Fund - Super Institutional - Direct - Growth 4 1293.80 0.40 1.19 2.06 3.82 4.20
Franklin India Equity Hybrid Fund - Direct - Growth 3 1268.36 5.20 6.56 -0.34 4.33 15.92

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