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Franklin India Taxshield Fund - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 571.008 -1.07%
    (as on 14th June, 2019)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High
(Min ₹500 for SIP, ₹500 for one time investment)

Fund has 92.44% investment in indian stocks of which 75.26% is in large cap stocks, 10.14% is in mid cap stocks, 7% 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 14th June, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 07-Jun-19 9943.52 -0.56% - 0.13% 18/67
1 Month 14-May-19 10405.93 4.06% - 6.62% 53/67
3 Month 14-Mar-19 10179.66 1.80% - 2.63% 33/67
6 Month 14-Dec-18 10542.43 5.42% - 6.27% 28/66
YTD 01-Apr-19 9929.50 -0.70% - 0.79% 37/67
1 Year 14-Jun-18 10132.81 1.33% 1.33% 0.21% 28/63
2 Year 14-Jun-17 11152.64 11.53% 5.61% 5.19% 21/54
3 Year 14-Jun-16 13216.34 32.16% 9.74% 12.35% 38/47
5 Year 13-Jun-14 18042.02 80.42% 12.51% 12.06% 14/35
10 Year 12-Jun-09 39165.13 291.65% 14.61% 12.78% 5/29
Since Inception 10-Apr-99 571008.00 5610.08% 22.18% - -/-

SIP Returns (NAV as on 14th Jun,2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 year 14-Jun-18 12000 12451.8 3.77 % 7.05 %
2 years 14-Jun-17 24000 25136.8 4.74 % 4.52 %
3 years 14-Jun-16 36000 39903.35 10.84 % 6.80 %
5 years 14-Jun-14 60000 74612.59 24.35 % 8.65 %
10 years 14-Jun-09 120000 240554.65 100.46 % 13.33 %
 

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 May,2019)

Equity Holding : 92.44% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 92.44%
No of Stocks : 51 (Category Avg - 44.48) | Large Cap Investments : 75.26%| Mid Cap Investments : 10.14% | Small Cap Investments : 7% | Other : 0%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Axis Bank Ltd. Banks 3839 9.43% 0.39% 5.82% (Jun 2018) 5.82% (Jun 2018) 47.49 L 0.00
HDFC Bank Ltd. Banks 3432 8.43% 0.29% 7.61% (Aug 2018) 7.61% (Aug 2018) 14.15 L 0.00
Kotak Mahindra Bank Ltd. Banks 2092.4 5.14% 0.41% 4.55% (Feb 2019) 4.55% (Feb 2019) 13.75 L 0.00
Infosys Ltd. Computers - software 1714.7 4.21% -0.12% 3.01% (Dec 2018) 3.01% (Dec 2018) 23.24 L 0.00
ICICI Bank Ltd. Banks 1700.4 4.18% 0.12% 2.76% (Oct 2018) 0% (Jun 2018) 40.13 L 0.00
Grasim Industries Limited Cement 1445.6 3.55% -0.10% 3.13% (Dec 2018) 3.13% (Dec 2018) 16.31 L 0.00
Power Grid Corporation of India Ltd. Power- transmission 1404.5 3.45% 0.02% 3.14% (Nov 2018) 3.14% (Nov 2018) 74.19 L 0.00
Mahindra & Mahindra Ltd. Passenger/utility vehicles 1332.7 3.27% -0.03% 3.27% (May 2019) 3.27% (May 2019) 20.60 L 0.00
Hindalco Industries Ltd. Aluminium 1290.2 3.17% -0.18% 3.17% (May 2019) 3.17% (May 2019) 65.49 L 0.00
Bharti Airtel Ltd. Telecom - services 1062 2.61% 0.72% 1.75% (Oct 2018) 1.75% (Oct 2018) 30.45 L 6.73 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 7.56%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2019)

  • Standard Deviation

    High volatility
    11.22vs9.47
    Category Avg
  • Beta

    High volatility
    0.83vs0.67
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.38vs0.34
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.05vs0.05
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -1.6vs-0.27
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Kotak Tax Saver Scheme - Growth 4 934.61 7.54 5.76 10.47 11.06 14.65
Canara Robeco Equity Tax Saver - Regular Plan - Growth 5 982.77 8.09 5.41 9.97 10.84 14.74
Mirae Asset Tax Saver Fund - Regular Plan - Growth 5 2111.58 8.15 4.77 8.94 9.98 19.82
Tata India Tax Savings Fund - Regular Plan - Growth NA 1873.40 8.19 5.62 11.61 7.95 14.48
DSP Tax Saver Fund - Regular Plan - Growth 3 5642.77 7.16 4.45 10.34 7.33 13.87
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth 4 6424.90 5.45 4.73 8.26 6.63 12.66
BNP Paribas Long Term Equity Fund - Growth 2 476.90 7.75 5.78 9.41 5.78 10.11
JM Tax Gain Fund - Growth 3 32.67 8.06 5.18 9.20 5.28 15.57
Union Tax Saver Scheme - Growth 3 254.78 6.75 4.50 7.53 4.72 9.15
Axis Long Term Equity Fund - Growth 3 19817.30 7.44 5.70 6.99 4.51 14.19

More Funds from Franklin Templeton Mutual Fund

Out of 64 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 6 is/are ranked 4 * , 10 is/are ranked 3 * , 5 is/are ranked 2 * , 4 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 Ultra Short Bond Fund - Super Institutional - Growth 3 19090.98 0.89 2.35 4.89 9.77 8.93
Franklin India Short Term Income Plan - Growth 3 13367.61 0.70 1.28 3.93 9.32 8.90
Franklin India Liquid Fund - Super Institutional Plan - Growth 1 12782.76 0.62 1.90 3.74 7.69 7.18
Franklin India Equity Fund - Growth 3 11540.78 4.25 0.58 5.13 1.15 9.39
Franklin India Focused Equity Fund - Growth 4 8653.30 9.04 6.47 15.10 11.00 13.96
Franklin India Smaller Companies Fund - Growth 3 7576.97 4.93 -0.22 4.32 -9.16 8.42
Franklin India Bluechip Fund - Growth 2 7245.87 4.93 1.65 5.95 2.26 8.94
Franklin India Prima Fund - Growth 4 7147.94 5.28 0.06 4.12 -1.93 10.46
Franklin India Credit Risk Fund - Growth 4 7124.75 0.42 0.64 3.09 8.24 8.33
Franklin India Low Duration Fund - Growth 2 6920.37 0.54 1.53 4.08 8.79 8.69

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