Franklin India Index Fund NSE Nifty Plan Growth - Latest NAV ₹94.008, Returns, Performance & Portfolio

Franklin India Index Fund NSE Nifty Plan Growth

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    7.51%
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    (+0.19)94.008

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Fund Summarystar

PeriodReturns(per year)
10 Years7.18%
5 Years7.51%
3 Years5.16%
1 Year1.7%
6 Months28.18%
Fund Details
ISININF090I01890
RiskModerately High risk
Fund TypeIndex Funds
NAV94.008
Exit Load0.25% for 7 Days

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd14.73%
HDFC Bank Ltd9.71%
Infosys Ltd7.64%
Housing Development Finance Corp Ltd6.18%
Tata Consultancy Services Ltd5.39%
ICICI Bank Ltd4.85%
Kotak Mahindra Bank Ltd3.81%
Hindustan Unilever Ltd3.8%
ITC Ltd2.93%
Larsen & Toubro Ltd2.3%

About Franklin India Index Fund – NSE Nifty Plan

Franklin India Index Fund – NSE Nifty Plan is an open-ended fund that invests in companies in the same proportion as their composition on Nifty 50 Index. The fund aims to deliver returns that are in-line with the returns of the aforementioned index. The scheme strives to achieve long-term capital appreciation. The fund may invest up to 5% of the capital in debt and money-market instruments.

Pros & Cons of Franklin India Index Fund – NSE Nifty Plan

Franklin India Index Fund – NSE Nifty Plan offers the following benefits:

  • The fund enables investors to earn returns from the growth of companies on the Nifty 50 Index.
  • The index comprises companies that are well-established and leaders in their respective fields.
  • The fund returns are higher than the average category returns.

Fund Information and Statistics of Franklin India Index Fund – NSE Nifty Plan

Inception / Launch date

Franklin India Index Fund – NSE Nifty Plan was launched on August 04, 2000, by Franklin Templeton India.

Risk level

Investment in this fund are moderately high-risk bet and suitable for long-term investment horizon.

Redemption

The scheme will offer units for purchase and redemption at applicable NAV prices. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days.

Fund Manager

The fund is managed jointly managed by Mr Varun Sharma and Mr Srikesh Nair since November 2015.

Entry / Exit load

The fund house does not charge any entry load or exit load if units are redeemed after 30 days. However, a 1% exit load is charged if redeemed before 30 days from the date of allotment.

Tax benefits of investing in Franklin India Index Fund – NSE Nifty Plan

  • A short-term capital gain tax of 15 % is levied is the units are sold within one year from the date of allotment.
  • Long-term capital gains, in excess of Rs 1 lakh, are taxed at 10% if the units are sold after one year.
  • Dividend distribution may be applicable.

About Franklin Templeton India

Franklin Templeton 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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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately High risk

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