Franklin India Technology Fund Growth - Regular - Latest NAV [ ₹353.2514 ], Returns, Performance, Portfolio & Returns 2021

Franklin India Technology Fund Growth

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Fund Summarystar

PeriodReturns(per year)
10 Years20.75%
5 Years25.96%
3 Years29.41%
1 Year63.38%
6 Months26.51%
Fund Details
RiskVery High Risk
Fund TypeSector - Technology
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Infosys Ltd19%
Tata Consultancy Services Ltd11.31%
HCL Technologies Ltd9.8%
Call, Cash & Other Assets8.63%
Franklin Technology I Acc USD8.23%
Info Edge (India) Ltd6.47%
Bharti Airtel Ltd5.69%
Tech Mahindra Ltd4.95%
Cyient Ltd2.79%
Zomato Ltd2.54%

About Franklin India Technology Fund

The Scheme is an open-ended thematic equity scheme which invests primarily in technology and technology related companies across market capitalization, in Indian as well as global markets. The Scheme invests in companies that are expected to benefit from the development, advancement and use of technology.

Pros & Cons of Franklin India Technology Fund

Franklin India Technology Fund offers following features: 1. The Scheme provided annualized return of 18.54% since inception and beaten the benchmark in 1 year, 10 year and 15 year investment horizon. 2. However, the scheme underperformed in 3 year and 5 year period.

Fund Information and Statistics of Franklin India Technology Fund

i) Inception / Launch date

The Scheme was launched by Franklin Templeton Mutual Fund on 22 August 1998. The Scheme is benchmarked against S&P BSE Information Technology Nifty 50.

ii) Risk level

Being a thematic fund, the scheme is high risk proposition and suitable for investors with high risk appetite with recommended investment horizon of 5 years or more.

iii) Redemption

The Scheme is open for repurchase/redemptions on all business days by fund house and redemption proceeds are generally paid within 10 business days.

iv) Fund Manager

The current Fund Managers are Mr. Anand Radhakrishnan, Mr. Varun Sharma and Mr. Srikesh Nair. Mr. Nair is dedicated fund manager for investments in foreign securities.

v) Entry / Exit load

1% of exit load is charged by the fund house if the units are redeemed/switched-out within one year of allotment. No exit load is charged for redemptions post one year of allotment. No entry load is charged by the fund house on subscriptions.

Tax benefits of investing in Franklin India Technology Fund

Long Term Capital Gains (“LTCG”), in excess of Rs 1 lakh, are taxed @ 10% without indexation if units held for more than 12 months. Short term capital gains (“STCG”) taxed @15% if units are held for less than 12 months. Investors do not pay any tax on dividends received but a Dividend Distribution Tax (“DDT”) is deducted by the fund house at source.

About Franklin Templeton Mutual Fund

Franklin Templeton Mutual Fund is managed by Templeton Asset Management (“AMC”). The fund house prides on its ability to provide investors with relatively quick and risk free returns. The CEO of the fund house is Mr Sanjay Sapre. The fund house manages more than 50 schemes across equity, debt and liquid, fund of funds, sector equity funds and hybrid funds category.

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Frequently Asked Questions

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Start your investment

Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Very 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