Franklin Build India Growth
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|Fund Type||Equity - Infrastructure|
|Exit Load||1% for 365 Days|
More about this fund
|State Bank of India||9.75%|
|ICICI Bank Ltd||8.16%|
|Bharti Airtel Ltd||6.57%|
|UltraTech Cement Ltd||4.93%|
|Indian Oil Corp Ltd||4.69%|
|HDFC Bank Ltd||4.06%|
|Bharat Petroleum Corp Ltd||3.78%|
|Axis Bank Ltd||3.77%|
About Franklin Build India Fund
Franklin Build India Fund is an open-ended scheme which invests in stocks of companies in infrastructure and allied sectors. The scheme seeks to achieve capital appreciation over a long-term. The fund’s investment is oriented towards structural themes and not cyclical themes.
Pros & Cons of Franklin Build India Fund
Franklin Build India Fund offers the following benefits:
- The scheme offers an opportunity for long-term wealth creation by investing in infrastructure & allied companies.
- Investors with goals such as retirement corpus or education corpus can benefit from this scheme. The associated risk is higher as the investment is focused on a single sector.
- Returns, except 1-year returns are higher than average-category return.
Fund Information and Statistics of Franklin Build India
i) Inception / Launch date
The Franklin Build India Fund was launched on September 04, 2009, by Franklin Templeton Investments.
ii) Risk level
Investments in Franklin Build India Fund are a high-risk bet. Investors with 5+ years of investment horizon and higher risk appetite should consider this fund.
Redemption of Units will be done at applicable NAV prices on every business day. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days.
iv) Fund Manager
Franklin Build India Fund is jointly managed by Anand Radhakrishnan (Since 2009), Roshi Jain (Since 2009), and Srikesh Nair (since 2016).
v) Entry / Exit load
The fund house does not charge any entry load, but charges 1% exit load if redeemed before one year from the date of allotment. There is no exit load if redeemed after one year.
Tax benefits of investing in Franklin Build India
The Short-term capital gain tax of 15% is levied if sold before one year from the date of allotment. Long-term capital gains, in excess of Rs 1 Lakh, will be taxed at 10% without indexation if redeemed after one year.
About Franklin Templeton Investments
Franklin Templeton mutual fund Investments was established in 1947 and has come a long way since. Today, it has 42 research offices, 12 global trading offices, and over 600 investment professionals. The company operates in 170+ countries with the aim of delivering exception asset management for retail, institutional, and high-net-worth clients.
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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