Franklin India Smaller Companies Fund Growth
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- Fund Summary
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- Why Cleartax
|Risk||Very High Risk|
|Exit Load||1% for 365 Days|
More about this fund
|Deepak Nitrite Ltd||6.5%|
|Call, Cash & Other Assets||4.91%|
|Brigade Enterprises Ltd||3.58%|
|CCL Products (India) Ltd||3.07%|
|J.B. Chemicals & Pharmaceuticals Ltd||2.93%|
|Equitas Holding Ltd||2.87%|
|Quess Corp Ltd||2.84%|
|K.P.R. Mill Ltd||2.62%|
|KPIT Technologies Ltd||2.56%|
About Franklin India Smaller Companies Fund
Franklin India Smaller companies seek to invest funds in small cap companies to provide long term capital appreciation. It focuses on capital appreciation by identifying high growth companies that are likely to transform into market leaders of future.
Pros and Cons of Franklin India Smaller Companies Fund
This product or scheme is suitable for investors who are seeking:
- Long term wealth creation.
- This fund has managed to beat the benchmark over long period of time being one of the leading schemes investing on smaller companies.
- Fund possesses lower deviation as lower risk taken by the fund has helped its peers in terms of risk-adjusted returns.
Fund Information and Statistics of Franklin India Smaller Companies Fund
i) Inception / Launch date
Franklin India Smaller Companies Fund was launched on 13th January, 2006 by Franklin Templeton Mutual Fund.
ii) Risk level
Small cap funds have the ability to generate higher returns but on the other side carry moderately high risk. Rather than return generation, the Franklin India Smaller Companies Fund is inclined towards risk management.
The scheme is open for redemption on all business days. The redemption proceeds will be dispatched to the unit holders within regulatory time limit of 10 working or business days from the date of receipt of redemption request.
iv) Fund Manager
Mr.Janakiraman Rengaraju, Mr.Hari Shyamsundar and Srikesh Karunakaran Nair are the fund managers of Franklin India Smaller Companies Fund.
v) Entry / Exit load
The entry load for investing is not applicable but 1% of exit load is applicable if the units are redeemed within one year or 12 months of allotment.
Tax benefits of investing in Franklin India Smaller Companies Fund
A short-term capital gain tax of 15% is applicable if sold within a year from the date of allotment, whereas long-term capital gains, in excess of Rs 1 lakh, will be taxed at 10% if sold after one year. A dividend distribution tax of 10% is also levied on dividends.
About Franklin Templeton Mutual Fund
Franklin Templeton Mutual Fund has a thrust on investing in the stocks, bonds or other securities designed to meet the goals of different investors. It provides its investors with multiple advantages of liquidity, tax benefits, flexibility and diversification of risk at very small price.
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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