FAQ : Franklin India Equity Advantage Fund - Growth

Franklin India Equity Advantage Fund - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 29.88 14.69 18.4 12.92
Average Rolling Returns(%) 17.64 15.04 13.13 13.33

The Current NAV of Franklin India Equity Advantage Fund - Growth is ₹182.07.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

Franklin India Equity Advantage Fund - Growth fund’s expense ratio is 2.00%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Franklin India Equity Advantage Fund - Growth is currently ₹3,545 Crores.

The Top three stocks are Mahindra & Mahindra, Axis Bank and ICICI Bank and account for 12% of its portfolio. Top 5 and 10 stocks of fund account for 18% and 32% of fund’s portfolio respectively.

Top three sectors of Franklin India Equity Advantage Fund - Growth fund are BFSI, Auto and Construction & Infrastructure accounting for 56% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Large & Mid Cap Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Franklin India Equity Advantage Fund - Growth Fund is Equity - Large & Mid Cap Fund.

Venkatesh Sanjeevi and R. Janakiraman manage the Franklin India Equity Advantage Fund - Growth Fund.

Franklin India Equity Advantage Fund - Growth current PE ratio is 48.60 and PB ratio is 7.53

The asset allocation of Franklin India Equity Advantage Fund - Growth is Stocks : 96.96%, Debt : 3.03% and Gold : 0%

The minimum SIP amount for Franklin India Equity Advantage Fund - Growth is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for Franklin India Equity Advantage Fund - Growth is 1% on or before 1 year

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