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Franklin India Taxshield Fund - Direct - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 754.9308 -0.29%
    (as on 09th April, 2021)
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Crisil Rank
Below average performance among peers
Risk-O-Meter
Moderately High

Fund has 97.09% investment in indian stocks of which 66.41% is in large cap stocks, 17.43% is in mid cap stocks, 5.42% 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.

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Returns (NAV as on 09th April, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 01-Apr-21 9893.90 -1.06% - 0.59% 61/62
1 Month 09-Mar-21 9727.70 -2.72% - -0.34% 60/63
3 Month 08-Jan-21 10566.50 5.67% - 6.33% 29/63
6 Month 09-Oct-20 13535.40 35.35% - 30.98% 14/63
YTD 01-Jan-21 11045.30 10.45% - 10.50% 27/63
1 Year 09-Apr-20 16875.20 68.75% 68.75% 69.59% 25/63
2 Year 09-Apr-19 12501.30 25.01% 11.79% 15.79% 43/61
3 Year 09-Apr-18 13227.00 32.27% 9.76% 9.78% 30/57
5 Year 08-Apr-16 18088.00 80.88% 12.57% 15.71% 37/42
Since Inception 01-Jan-13 31113.90 211.14% 14.70% 14.07% 28/57

SIP Returns (NAV as on 09th April, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 09-Apr-20 12000 15977.43 33.15 % 66.66 %
2 Year 09-Apr-19 24000 31338.84 30.58 % 27.97 %
3 Year 09-Apr-18 36000 47093.34 30.81 % 18.23 %
5 Year 08-Apr-16 60000 83053.26 38.42 % 12.96 %
 

Tax Treatment

Portfolio (Updated on 31st Mar,2021)

Equity Holding : 97.09% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.09%
No of Stocks : 56 (Category Avg - 47.51) | Large Cap Investments : 66.41%| Mid Cap Investments : 17.43% | Small Cap Investments : 5.42% | Other : 7.83%

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 3801.1 8.69% 0.00% 11.11% (Jul 2020) 7.54% (Mar 2020) 27.78 L 0.00
# Axis Bank Ltd. Banks 3577.8 8.18% 0.00% 10.14% (Nov 2020) 7.5% (Jun 2020) 51.30 L -7.00 L
# HDFC Bank Ltd. Banks 3405.7 7.78% 0.00% 9.7% (Mar 2020) 7.64% (Jan 2021) 22.80 L 0.00
# ICICI Bank Ltd. Banks 2493.2 5.70% 0.00% 5.81% (Feb 2021) 4.4% (Jul 2020) 42.83 L 0.00
# Power Grid Corporation of India Ltd. Power- transmission 1750.9 4.00% 0.00% 4.07% (Mar 2020) 3.33% (Sep 2020) 81.19 L 0.00
# Tata Power Co. Ltd. Power 1701 3.89% 0.00% 4.45% (Feb 2021) 1.58% (Apr 2020) 1.65 Cr -0.42 Cr
# Grasim Industries Limited Cement 1278.6 2.92% 0.00% 3.77% (May 2020) 1.95% (Dec 2020) 8.81 L 0.00
# Kotak Mahindra Bank Ltd. Banks 1226.5 2.80% 0.00% 2.89% (Jan 2021) 1.73% (Sep 2020) 7.00 L 0.00
# Bharti Airtel Ltd. Telecom - services 1187 2.71% 0.00% 5.45% (May 2020) 2.9% (Feb 2021) 22.95 L 0.00
# Hindustan Unilever Ltd. Diversified 1109.8 2.54% 0.00% 1% (Feb 2021) 0% (Mar 2020) 4.56 L 2.50 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 2.91%

Risk Ratios

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

  • Standard Deviation

    High volatility
    20.51vs18.89
    Category Avg
  • Beta

    High volatility
    0.96vs0.85
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.38vs0.37
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.08vs0.08
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -1.23vs-0.64
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 106.05 8.39 16.17 45.85 122.31 24.22
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 3 2988.35 1.81 13.68 41.62 96.21 11.25
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 6934.49 -0.96 7.79 31.61 79.02 18.45
DSP Tax Saver Fund - Direct Plan - Growth 3 8056.26 0.32 7.53 34.11 70.64 13.95
JM Tax Gain Fund - (Direct) - Growth 4 52.53 -1.27 3.94 32.30 70.19 13.13
ITI Long Term Equity Fund - Direct Plan - Growth NA 75.51 -0.05 7.55 29.94 69.30 0.00
PGIM India Long Term Equity Fund - Direct Plan - Growth 4 352.90 -0.59 5.78 31.50 68.85 12.38
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 417.39 1.38 6.84 30.76 68.52 13.42
Quantum Tax Saving Fund - Direct Plan - Growth 2 89.11 -0.03 5.08 29.26 68.40 9.25
Kotak Tax Saver Scheme - Direct Plan - Growth 4 1836.79 0.61 7.74 29.84 68.39 15.05

More Funds from Franklin Templeton Mutual Fund

Out of 62 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 1 is/are ranked 4 * , 5 is/are ranked 3 * , 11 is/are ranked 2 * , 6 is/are ranked 1 * , and 38 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 9459.36 -2.46 7.81 37.72 74.69 11.29
Franklin India Focused Equity Fund - Direct - Growth 2 7799.46 -2.88 7.98 42.96 70.39 12.05
Franklin India Prima Fund - Direct - Growth 2 7308.00 -1.02 7.07 38.07 78.07 9.92
Franklin India Smaller Companies Fund - Direct - Growth 2 6299.66 0.27 10.70 43.47 93.77 5.15
Franklin India Bluechip Fund - Direct - Growth 2 5926.85 -2.76 7.05 36.79 67.18 11.37
Franklin India Short Term Income Plan - Direct - Growth 1 5277.96 1.89 3.52 10.72 6.15 3.64
Franklin India Ultra Short Bond Fund - Super Institutional - Direct - Growth 1 5227.62 0.72 1.82 3.66 8.35 7.36
Franklin India Taxshield Fund - Direct - Growth 2 4375.42 -2.72 5.66 35.35 68.75 9.76
Franklin India Feeder - Franklin U.S. Opportunities Fund - Direct - Growth NA 2889.58 8.13 2.88 11.12 53.28 28.15
Franklin India Credit Risk Fund - Direct - Growth 2 2831.30 2.41 4.26 10.91 13.04 5.46

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