Franklin India Taxshield-Growth

ELSS NAV 1150.0729 0 07 December, 2023

Fund Details

Category ELSS
Fund Type Open Ended
Investment Plan Growth
Launch Date 05 April, 1999
Benchmark NIFTY 500 TRI
Asset Size(Cr) 5356.17302
ISIN No. INF090I01775
Turn over 20.34%
Min Investment ₹ 500
Min SIP Investment ₹ 500
Min Addl Investment ₹ 500
Exit Load Nil
Expense Ratio 1.85
Fund Manager Anand Radhakrishnan, R Janakiraman
Fund House Franklin Templeton Mutual Fund

Investment Returns (As on 07 Dec, 2023)

Duration Returns Benchmark Category
1 W -0.77% 1.58% 1.68%
1 M -0.33% 4.02% 3.64%
3 M 5.8% 1.44% 1.64%
6 M 20.7% 0.35% -0.87%
1 Y 19.26% 7.25% 5.63%
2 Y 13.48% 12.49% 11.19%
3 Y 26.18% 23.79% 23.4%
5 Y 15.34% 12.46% 9.95%

Risk Mesasures (As on 07 Dec, 2023)

Std Dev Sharpe Beta Alpha
Fund 15.86 1.34 1.68 0.98
Benchmark 0 0 0 0
Returns Compare with Others
  • 1Y
  • 3Y
  • 5Y

Portfolio (As on 30 Oct, 2023)

Assets Allocation

Sector Holdings
Others 6.88%

Return Calculator

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Disclaimer: Above returns are calculated on the basis of historical NAV movement for the selected period. However, historical performance does not guarantee future returns. Investors must take investment decisions based on his/her own requirements.

Peer Comparison

Fund Name 1 Yr Rtn. 3 Yr Rtn. 5 Yr Rtn.
Franklin India Taxshield-Growth 19.26% 26.18% 15.34%
ICICI Prudential ELSS Tax Saver Fund (Tax Saving) - Growth 13.77% 22.57% 14.68%
Mirae Asset Tax Saver Fund-Regular Plan-Growth 16.1% 21.49% 17.75%
Axis ELSS Tax Saver Fund - Regular Plan - Growth 9.41% 14.92% 12.84%
ADITYA BIRLA SUN LIFE ELSS TAX SAVER FUND - Growth Option 10.11% 11.45% 8.84%

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Franklin India Taxshield: An ELSS Tax-Saving Fund

Launched in 1999, Franklin India Taxshield Fund growth is one of the best mutual funds in India that provides greatest benefits of tax under the Indian tax regime. It is designed by Franklin Mf in order to generate high worth of capital and tax-saving solution. Franklin India taxshield fund falls under the ELSS category of the equity asset class and provides the dual benefits of capital appreciation along with tax exemption. The investors seeking long-term financial growth who want to put their money in the mutual fund schemes must consider the same.

Franklin India Tax Shield provides financial support in the times of uncertainty to the investors by offering substantial income. To get a complete knowledge of this plan and make a worthy investment portfolio, you must read the below-mentioned synopsis of the franklin india tax shield fund as analysed by our investment experts.

Franklin India Taxshield Fund: Investment Details

Being an open-ended Equity Linked Saving Scheme, it aims to provide medium- to long-term capital growth along with rebate in taxes. As per the provisions of Section 80C of Income Tax Act, one can save the amount of tax payable up to Rs.1,50,000 in one year by investing the money in ELSS tax saving funds. Furthermore, the returns and capital gain generated by such investment is also exempted from taxes. Moreover, the franklin india taxshield fund growth scheme makes investments in the equity and equity-linked securities which further offers appreciation in the invested money and thus helps in achieving financial soundness.

Therefore the investors who want to create wealth over a period of time can put their hard-earned money in franklin india taxshield fund strategy and attain divergent benefits. It provides the option for investing via SIP with a minimum sum of Rs.500, which can be afforded by anyone. This, in addition, facilitates systematic investment in this tax-saver fund. So let us take a further glance over the franklin india tax shield fund performance and portfolio concentration, to get a complete overview.

Franklin India Tax Shield Growth Fund: Performance Analysis

The franklin india taxshield scheme is ranked second in the ELSS category by CRISIL for the quarter which ended in June 2016, by offering greater returns over a period of time. It is an outperformer in comparison with its benchmark, i.e., NIFTY 500 as well as ELSS category. Franklin India Taxshield Fund NAV is Rs.441.7905 as on November 18, 2016. The absolute annual returns of this programme have reached up to 56.7 percent in the year 2014; this has lead many investors’ capital raise a huge wealth.

Furthermore, the annualised returns for three- and five-year investment are 21.5 and 17.4 percent respectively. Accordingly, it is worthy to make an investment in this programme in order to accelerate the financial growth. If you desire to make a productive investment in franklin india taxshield fund growth plan, then you must calculate the returns prior to investing in it with the use of SIP calculator. It would assist you in taking an informed decision.

Franklin India Taxshield Plan: Portfolio Review

Being an equity (ELSS) scheme, franklin india taxshield fund growth is mainly focused on investing in the stocks and shares of the companies for a longer duration of time. It has AUM (Asset Under Management) amounting to Rs.2,442 crore as on October 31, 2016, which have been put in different instruments to provide wide diversification. The 92.93 percent of the money is invested in the equity assets while the remaining has been invested in money market securities. Franklin India Taxshield Fund Growth holds a remarkable market possession with an average capitalisation of Rs.70,346.36 crore which is higher than its category’s average market holding.

The sector allocation graph of Franklin India Tax Shield Fund depicts that majority of the fund allotment is in the financial, automobile, technology, healthcare and engineering industries. Moreover, the top holdings of franklin india taxshield scheme are among the best companies in the country, which include HDFC Bank, Infosys, Axis Bank, IndusInd Bank, Yes Bank, Kotak Mahindra Bank, and so on. Thus, it is assured that this scheme would yield best returns over a period of time in order to accomplish the investment goals of the investors.

By taking a complete overview of franklin india taxshield fund growth scheme, we are sure you would definitely consider the same before putting your money into any mutual fund programme. Our experts have well evaluated this plan and are convinced with its portfolio and performance to yield better returns in the future. We recommend you Franklin India Taxshield Fund g to earn tax benefits and capital appreciation and achieve the long-term investment goals.

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