INF090I01775

CASPeR Ranking #44

Franklin India ELSS Tax Saver Fund Growth

Very High Risk ELSS (Tax Savings) Equity

NAV (Fri Jul 12 2024)

₹1,449

Returns (Since Inception)

22.76%

Category Average

20.39%

Rating

3

Allocation and Holdings

Asset class

Weightage

Financial Services

23.41%

Communication Services

4.99%

Industrials

4.60%

Technology

7.30%

Energy

3.13%

Consumer Defensive

3.09%

ad banner to download
Get your personalized mutual fund portfolio in 2 minutes.
rating icon4.5

Overall rating

100K+Downloads

Scheme Information

Fund name

Franklin India ELSS Tax Saver Fund Growth


Minimum SIP

500


Risk Level

Very High Risk


AUM

₹6815.90 Cr


ISIN

INF090I01775


Inception Date

Jan 01 1970


Standard Deviation

12.657


Beta

0.92


Sharpe Ratio

1.215


Benchmark

IISL Nifty 500 TR INR


Expense Ratio

1.810%

Risk

Very High Risk

Investment Objective

The primary objective for Franklin IndiaTaxshield is to provide medium to long term growth of capital along with income tax rebate.

Fund Managers

Anand Radhakrishnan

R. Janakiraman

About the AMC

Franklin Templeton Asst Mgmt(IND)Pvt Ltd


Phone Number

+91 22 6751 9100


Corporate Office Address

One International Centre, Tower 2, 12th and 13th Floor,Senapati Bapat Marg, Elphinstone Road (West), Mumbai

Overall AUM

₹6815.90 Cr


Popular Equity funds

View all Funds

Expert designed mutual fund portfolios

Mutual Funds are a smart way to grow your money. They can help you achieve your financial goals as they have the potential to generate higher-than-inflation returns.

Mutual fund cover img

frequently asked questions

view all FAQs
arrow

What is the current NAV of Franklin India ELSS Tax Saver Fund Growth?

The NAV of Franklin India ELSS Tax Saver Fund Growth is ₹1,449 as of Fri Jul 12 2024.

Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.

arrow

Who is the fund manager of Franklin India ELSS Tax Saver Fund Growth?

Anand Radhakrishnan is the current fund manager of Franklin India ELSS Tax Saver Fund Growth as on Mon Jul 15 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.

arrow

What is the expense ratio of Franklin India ELSS Tax Saver Fund Growth?

The Expense Ratio of Franklin India ELSS Tax Saver Fund Growth is 181.00% as of Mon Jul 15 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 181.00% of those returns will be retained by the AMC.

The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).

Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.

arrow

What is the minimum SIP amount of Franklin India ELSS Tax Saver Fund Growth?

The minimum Systematic Investment Plan (SIP) amount required for Franklin India ELSS Tax Saver Fund Growth is ₹500. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.

arrow

What is the minimum lump sum amount required to invest in Franklin India ELSS Tax Saver Fund Growth?

To initiate a lump sum investment in Franklin India ELSS Tax Saver Fund Growth, a minimum initial amount of ₹500 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.

arrow

What is risk category of the Franklin India ELSS Tax Saver Fund Growth?

In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Franklin India ELSS Tax Saver Fund Growth is classified as Very High Risk.

arrow

What is the category of Franklin India ELSS Tax Saver Fund Growth?

The category of the Franklin India ELSS Tax Saver Fund Growth is Equity.

it’s time to grow your wealth

3 users1+ Lac investors are growing their wealth with Stack.
stack mb