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Franklin India Taxshield Fund - Growth

  • Regular
  • Direct
Category : ELSS
Fund House :
  • NAV
    : ₹ 872.6884 1.95%
    (as on 04th October, 2022)
Crisil Rank
Average performance among peers
Risk-O-Meter
Very High

The fund has 93.89% investment in domestic equities of which 63.47% is in Large Cap stocks, 13.44% is in Mid Cap stocks, 5.46% 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.

This Scheme
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    Nifty 500
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Returns (NAV as on 04th October, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 27-Sep-22 10205.00 2.05% - 1.99% 24/59
1 Month 02-Sep-22 9933.40 -0.67% - -0.57% 29/59
3 Month 04-Jul-22 11138.10 11.38% - 12.15% 32/59
6 Month 04-Apr-22 9949.70 -0.50% - -0.35% 29/59
YTD 31-Dec-21 10085.20 0.85% - 0.71% 28/59
1 Year 04-Oct-21 10140.50 1.41% 1.40% 1.25% 26/59
2 Year 01-Oct-20 17284.40 72.84% 31.32% 29.16% 15/59
3 Year 04-Oct-19 16092.50 60.92% 17.17% 20.73% 38/58
5 Year 04-Oct-17 16647.60 66.48% 10.73% 11.64% 28/48
10 Year 04-Oct-12 38077.30 280.77% 14.30% 14.09% 11/29
Since Inception 10-Apr-99 872688.40 8626.88% 20.94% 13.94% 4/57

SIP Returns (NAV as on 04th October, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 04-Oct-21 12000 12341.47 2.85 % 5.31 %
2 Year 01-Oct-20 24000 27817.03 15.9 % 14.88 %
3 Year 04-Oct-19 36000 48613.98 35.04 % 20.51 %
5 Year 04-Oct-17 60000 86791.57 44.65 % 14.74 %
10 Year 04-Oct-12 120000 241464.68 101.22 % 13.4 %
 

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 Aug,2022)

Portfolio Turnover Ratio : 36.97%  |   Category average turnover ratio is 56.42%  
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 : 93.89% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 93.89%
No of Stocks : 54 (Category Avg - 46.50) | Large Cap Investments : 63.47%| Mid Cap Investments : 13.44% | Small Cap Investments : 5.46% | Other : 11.52%

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
ICICI Bank Ltd. Banks 4170.3 8.58% 0.35% 8.58% (Aug 2022) 5.98% (Sep 2021) 47.00 L 0.00
HDFC Bank Ltd. Banks 3863.9 7.95% -0.03% 8.13% (Jun 2022) 7.1% (Dec 2021) 26.00 L 0.00
Axis Bank Ltd. Banks 3006 6.18% -0.02% 7.83% (Sep 2021) 6.18% (Aug 2022) 40.00 L 0.00
Infosys Ltd. Computers - software 2985.9 6.14% -0.49% 9.4% (Nov 2021) 6.14% (Aug 2022) 20.00 L 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 2460.8 5.06% 0.11% 5.06% (Aug 2022) 3.46% (Sep 2021) 12.80 L 0.00
Bharti Airtel Ltd. Telecom - services 2325.1 4.78% 0.00% 5.35% (Mar 2022) 3.08% (Oct 2021) 32.00 L -1.00 L
State Bank Of India Banks 1593.8 3.28% -0.11% 3.39% (Jul 2022) 1.75% (Sep 2021) 30.00 L 0.00
Grasim Industries Limited Cement 1426.9 2.93% 0.07% 3.04% (Apr 2022) 2.6% (Jun 2022) 8.50 L 0.00
- United Spirits Ltd. Brew/distilleries 1299 2.67% 0.01% 2.96% (Mar 2022) 1.52% (Sep 2021) 16.00 L 0.00
HCL Technologies Limited Computers - software 1267.6 2.61% -0.13% 3.16% (Mar 2022) 0% (Sep 2021) 13.50 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 6.11%

Risk Ratios

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

  • Standard Deviation

    High volatility
    21.7vs20.38
    Category Avg
  • Beta

    High volatility
    0.98vs0.9
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.52vs0.68
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.11vs0.16
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -0.49vs2.03
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth 5 1787.29 0.32 17.26 2.44 10.72 39.51
HDFC Tax Saver Fund - Growth 4 9787.51 -0.09 11.62 3.42 7.45 17.21
Parag Parikh Tax Saver Fund - Regular Plan - Growth NA 733.49 1.80 9.79 1.08 4.20 23.84
Kotak Tax Saver Fund - Growth 4 2935.89 -0.81 11.75 -0.78 3.34 19.69
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 3851.42 -0.09 11.97 -1.52 3.01 24.19
Sundaram Tax Saving Fund - Growth 3 969.37 -0.92 11.68 0.27 2.80 20.41
Tata India Tax Savings Fund - Regular Plan - Growth 3 3118.97 -1.14 11.53 -1.66 2.27 17.14
PGIM India ELSS Tax Saver Fund - Growth 5 415.69 -0.67 8.75 -3.61 2.20 19.33
SBI Long Term Equity Fund - Regular Plan - Growth 4 11204.25 -1.40 10.17 1.16 2.07 19.25
Union Long Term Equity Fund - Growth 4 553.06 -0.17 11.85 0.62 0.79 20.77

More Funds from

Out of 45 mutual fund schemes offered by this AMC, 5 is/are ranked 4 * , 9 is/are ranked 3 * , 7 is/are ranked 2 * , 5 is/are ranked 1 * , and 19 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 - Growth 4 10245.08 -0.66 11.18 -0.93 1.61 20.93
Franklin India Focused Equity Fund - Growth 4 8184.25 -0.08 12.58 2.17 4.01 21.16
Franklin India Prima Fund - Growth 1 7581.91 0.64 16.32 4.50 -2.34 18.71
Franklin India Smaller Companies Fund - Growth 2 7032.71 2.53 17.19 2.65 4.04 24.72
Franklin India Smaller Companies Fund - Growth 2 7032.71 -0.52 13.99 -4.93 -2.52 26.95
Franklin India Bluechip Fund - Growth 3 6574.33 -1.82 9.81 -3.65 -2.05 15.87
Franklin India Bluechip Fund - Growth 3 6574.33 -2.11 6.46 -3.61 -5.41 16.40
Franklin India Taxshield Fund - Growth 3 4862.16 -0.67 11.38 -0.50 1.40 17.17
Franklin India Feeder - Franklin U.S. Opportunities Fund - Growth NA 3106.70 -4.16 0.64 -21.25 -25.82 9.53
Franklin India Equity Advantage Fund - Growth 3 2779.96 -1.95 8.19 -1.55 -2.01 17.30

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