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Franklin India Prima Fund Review

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Franklin India Prima Fund

About Franklin Templeton Mutual Fund  

With its establishment in 1996 Franklin Templeton shares its association with India as the investor with more than two decades. The commencement of mutual fund business in India occurred when the Templeton India Growth Fund got itself launched in India in the same year. Apart from this, the company also started in-house shareholder service, especially for their clients.  

Some of the Features can be read as: 

  • franklin templeton mutual funds is one of the largest and trustworthy fund houses. 
  • Being present in 42 research offices, 12 global trading offices, 15 local asset management teams, and 170 plus countries being served with its best. 
  • The first-hand understanding of local culture, economies and companies sets them apart as a truly global partner.  
  • Perfectly and safely backed with years of strong research by offering differentiated mutual fund products.  

About Franklin India Prima Fund 

Franklin India Prima Fund is an equity fund scheme that was launched by Franklin Templeton Mutual Fund. Later on, it was introduced on 1st December 1993 to its investors. Currently, the fund is managed by Srikesh Nair, Hari Shyamsunder, and R JanakiramanTalking about AUM, it is of INR 7604 Cr and the latest NAV is of INR 1,045.78 (dated as of 2nd Jan 2020). The fund growth is rated moderately high risk. The minimum SIP investment is INR 500, and, minimum lumpsum is INR 5000. Also, exit load of 1% only if redeemed within a year.  

Investment Objective 

The objective is to achieve a high-degree of capital appreciation through investments in smaller & faster growing companies.  

Tax Implications 

Returns are taxed at 15%, only if you redeem before a year. After a year, you are required to pay LTCG tax of 10% on returns of INR 1 lakh+ in a financial year.  

Top Holdings 

Top Holdings Weightage
HDFC Bank Ltd 3.52%
Kotak Mahindra Bank Ltd 3%
City Union Bank Ltd 2.99%
Kansai Nerolac Paints Ltd 2.75%
Ramco Cements Ltd 2.73%
Tata Chemicals Ltd 2.60%
Bharat Petroleum Corp Ltd 2.46%
Voltas Ltd 2.45%
Indian Hotels Co Ltd 2.43%
WABCO India Ltd 2.41%

 

How to Invest Franklin India Prima Fund with Gulaq?  

Investing in Franklin India Prima Fund (https://customer.gulaq.com/mutual-fund/franklin-india-prima-fund-direct-growth) with Gulaq is an easy process. The investor can filter her requirements in accordance with goals, returns, risks, and horizons. Once sorted, the investor can hop on to Gulaq and start investing. Precisely, an economical and user-friendly platform.  

*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.

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