Franklin Asian Equity Fund Growth
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|Risk||Very High Risk|
|Fund Type||Global - Other|
|Exit Load||1% for 365 Days|
More about this fund
|Taiwan Semiconductor Manufacturing Co Ltd||9.22%|
|Samsung Electronics Co Ltd||9.09%|
|Tencent Holdings Ltd||8.95%|
|Alibaba Group Holding Ltd Ordinary Shares||7.69%|
|AIA Group Ltd||4.1%|
|Ping An Insurance (Group) Co. of China Ltd Class H||2.76%|
|JD.com Inc Ordinary Shares - Class A||1.94%|
|China Merchants Bank Co Ltd Class H||1.84%|
About Franklin Asian Equity Fund
Being an open-ended equity fund, the scheme seeks to provide capital appreciation over medium to long term through investment primarily in Asian Companies excluding Japan across market capitalization with long term potential.
Pros and Cons of Franklin Asian Equity Fund
This product is suitable for those who are seeking:
- Long term capital appreciation
- The fund is invested in Asian companies which have long term potential across market capitalization.
Fund Information and Statistics of the Franklin Asian Equity Fund
Inception/ Launch Date
The Franklin Asian Equity Fund was launched on 16 January 2008 by Franklin Templeton Mutual Fund.
The scheme carries a high level of risk. The returns of this scheme are not assured. As the price or the interest rates of the investment of the scheme fluctuates, the scheme’s investment value may go up and down. The investment risk of this scheme is liquidity risk, settlement risk, default risk, trading volumes including the possible loss in the principal.
The scheme is open for the redemption of its units on all business days. The dispatch of redemption proceeds within 10 business days from the date of receipt of the redemption request from the unit holder.
Ms. Roshi Jain since November 2007 and Mr. Srikesh Nair since May 2016 are the fund managers of Franklin Asian Equity Fund.
The entry load is NIL. The exit load of 1% is applicable if the units are redeemed within 3 years.
Tax benefits of investing in Franklin Asian Equity Fund
If units are held for more than 36 months, a long term capital gains tax at 20% with indexation is charged. If units are held for less than 36 months the short term capital gains is taxed at the income tax slab rate of the investor. Dividends are tax free but Dividend distribution Tax is deducted at the rate of 29.12% for individuals.
About Franklin Templeton Mutual Fund
Franklin Templeton association has a thrust on investing in the markets around the world. It flagged off its mutual fund business with the launch of Templeton India Growth Fund in 1996. Since then the business has grown at a speedy rate. The fund house in India create an organization with rich investment experience on most comprehensive product portfolios, an in-house functioning of the shareholders and footprints across the country.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns