FRANKLIN India Taxshield Fund * Return since Launch: 22.30% Invest Now
Changes time to time
NAV as on 11th Dec, 2018
| YTD | 1-month | 3-month | 1-year | 3-year | 5-year | 10-year | |
|---|---|---|---|---|---|---|---|
| Fund | -6.95 | -1.62 | -7.17 | -4.62 | 9.22 | 15.72 | 18.33 |
| NIFTY 500 TRI | -5.64 | -1.11 | -7.78 | -3.00 | 12.63 | 14.04 | 16.15 |
| Category | -9.60 | -0.97 | -7.35 | -6.98 | 10.55 | 15.49 | 16.73 |
As on Dec 11, 2018
| Risk Measures (%) | Mean | Std Dev | Sharpe | Sortino | Beta | Alpha |
|---|---|---|---|---|---|---|
| Fund | 9.11 | 13.14 | 0.21 | 0.31 | 0.84 | -2.60 |
| NIFTY 500 TRI* | 11.06 | 15.17 | 0.31 | 0.48 | - | - |
| Category | 10.89 | 15.73 | 0.29 | 0.41 | 0.99 | -1.77 |
As on Nov 30, 2018. *As on Oct 31, 2018
Franklin India Taxshield Fund Overview
Franklin India Taxshiled Fund is an open-ended ELSS Fund. Franklin India Taxshiled Fund was launched on 10th April 1999. This fund is managed by Mr. R Janakiraman and Mr. Lakshmikanth Reddy. The exit load is zero for Franklin India Taxshiled Fund. The benchmark of this fund is NIFTY 500 TRI. The AUM of Franklin India Taxshiled Fund is Rs. 4026 cr. (as on 30th April 2019). Franklin India Taxshiled Fund has 92.09% investment in Indian stocks of which 75% is in large cap stocks, 13.28% is in mid cap stocks, and 3.65% in small cap stocks. With the help of Franklin India Taxshiled Fund you can save your tax under section 80C. You can save tax up to Rs. 1.5lakh. Franklin India Taxshiled Fund comes with 3 years of lock in period.
Eligibility criteria of Franklin India Taxshield Fund
- Adult citizens residing in India.
- Minor through legal guardians/parents.
- Limited liability partnership.
- Religious and charitable trusts.
- Banking and financial institutions
- Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
- The Karta of Hindu Undivided Family (HUF)
- Persons of Indian origin residing abroad (PIOs) or Non-Resident Indians can apply for subscription either on repatriation basis or on non-repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
- Foreign Institutional Investors (FIIs) who have registration under the Securities and Exchange Board of India on repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
- Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
- Other schemes of Mutual Funds subject to the conditions and limits prescribed by SEBI Regulations.
Documents required for Franklin India Taxshield Fund
KYC Documents:
- PAN Card
- Adhaar Card
- Voter’s ID
- Passport Size Photo
- Download the KYC form
- The investors will be issued an acknowledgement receipt which he/she needs to submit while applying for subscribing for a mutual fund scheme.
Advantages of Franklin India Taxshiled Fund
- Small investment option.
- Well organized investment.
- Quick purchase and sell option.
- You can track your investment.
- You can invest in either SIP or lump sum way.
- Franklin India Taxshiled Fund is managed by experienced professionals.
- Franklin India Taxshiled Fund gives tax benefit under section 80C the maximum amount is Rs. 1.5lakh.
- All Mutual Fund Companies are regulated by SEBI so no one will fly away with your hard earned money.
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