Franklin India Multi Cap Fund Review

Franklin India Multi Cap Fund

Franklin India Multi Cap Fund ReviewFranklin India Multi Cap Fund Direct NFO Open on 08 July 2024 and Close on 22 July 2024. Franklin India Multi Cap Fund Direct NFO Allotment Date is 29 July 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount  is ₹5,000. The Minimum SIP Investment Amount is ₹500.

Type of the Scheme

An open-ended scheme investing across large cap, midcap and small cap stocks.

Scheme Benchmark : Tier I benchmark – Nifty 500 Multi Cap 50:25:25 Total Returns Index –This benchmark index is constructed to measure the performance of large cap, midcap and small cap segments with target weights assigned to each segment in the ratio of 50:25:25. The fund will invest across large cap, midcap and small cap stocks and thus the above benchmark is considered to be appropriate. The AMC / Trustee reserves the right to change / modify the benchmark by issuing an addendum.

Franklin India Multi Cap Fund Scheme Benchmark

Top constituents by weightage

Company Weightage
HDFC Bank Ltd. 4.79
Reliance Industries Ltd. 4.00
ICICI Bank Ltd. 3.19
Infosys Ltd. 2.14
Larsen & Toubro Ltd. 1.57
Tata Consultancy Services Ltd. 1.49
ITC ltd. 1.48
Bharti Airtel Ltd. 1.46
Axis Bank Ltd. 1.36
State Bank of India 1.23

Franklin India Multi Cap Fund Nfo Important Date

Scheme Offer Franklin India Multi Cap Fund
Offer Price Rs. 10/- per Unit
Type of Scheme An open-ended
Open Date 08 July 2024
Allotment Date 29 July 2024
Close Date 22 July 2024
Category Multi Cap Fund
Min Inv ₹ 5000
Lock in Period N/A
Risk Very High
Scheme Benchmark Tier I benchmark – Nifty 500 Multi Cap 50:25:25 Total Returns Index

Franklin India Multi Cap Fund Nfo Other Details

Exit Load 1%
Exit Load Details Exit load of 1%, if redeemed within 1 year.
Entry Load N/A
Stamp Duty 0.005%
Min. Investment Rs. 5000
Min. SIP Rs. 500

Franklin India Multi Cap Fund Review Asset Allocation

Instruments Allocation Min Allocation Max
Equity and Equity related securities of large cap, midcap and small cap companies 75 100
Large Cap companies 25 50
Midcap companies 25 50
Small cap companies 25 50
Debt & Money Market Instruments, cash & cash equivalent 0 25
Units issued by REITs and InvITs 0 10

Franklin India Multi Cap Fund Sector Representation

Sector Weightage
Financial Services 28.79
Oil, Gas & Consumable Fuels 9.02
Information Technology 8.50
Automobile and Auto Components 7.49
Fast Moving Consumer Goods 6.87
Capital Goods 6.06
Healthcare 5.45
Power 3.98
Metals & Mining 3.88
Construction 3.22
Consumer Durables 3.06
Consumer Services 3.05
Telecommunication 2.75
Chemicals 2.05
Construction Materials 2.02
Services 1.70
Realty 1.33
Textiles 0.31
Media, Entertainment & Publication 0.22
Diversified 0.16
Forest Materials 0.08

Investment Objective of the Scheme ? 

The investment objective of the scheme is to generate longterm capital appreciation by investing in a portfolio of equity and equity related securities of large cap, midcap and small cap companies. There is no assurance that the investment objective of the Scheme will be achieved.

Franklin India Multi Cap Fund Review Index Return

Index Return QTD YTD 1 Year 5 Years Since Inception
Price Return 13.70 18.03 44.55 21.64 15.39
Total Return 14.02 18.54 45.81 22.89 16.93

Franklin India Multi Cap Fund Review Manager Details

  • Fund Manger :    R. Janakiraman
  • Qualification  :    BE, PGDM (IIM Bangalore)
  • Experience  :       Senior Vice President and CIO– Emerging Markets India(based at Chennai) Prior assignments: Investment Manager, Indian Syntans Invt Pvt. Ltd. (2000-2007).
    Responsible for investment analysis and managing the investments of the company. Citicorp Information Tech Ltd. (Nov 1999–Feb 2000). Provided domain knowledge to CITIL’s
    software development team. Senior Executive. UTI Securities Exchange Ltd. (1997–1999). Responsible for investment research of certain industrial sectors & later was part of the team responsible for equity sales function. 
  • Fund Manger :  Kiran Sebastian
  • Qualification  :  MBA, University of Oxford. B.Tech, University of Calicut.
  • Experience  :     AVP & Senior Research Analyst (at Chennai) He is responsible for conducting research and impacting portfolio performance by influencing the Portfolio Manager.
  • Fund Manger :  Akhil Kalluri 
  • Qualification  :  MBA, IIM Lucknow • B.Tech. (Electronics and Communications Engineering), Andhra University. 
  • Experience  :      He is responsible for stock research and enhancing portfolio performance. Prior Assignments.
  • Fund Manger :   Sandeep Manam
  • Qualification  :   B.Tech (Electronics & Communication Engg.)- National Institute of Technology Calicut.
  • Experience  :      He is responsible for researching on investment opportunities in automotive and airline sectors.He was supporting UBS lead analyst in covering Indian Auto, Auto component sectors. Also supported coverage of Indian Pharma companies.

How Will The Scheme Allocate Its Assets?

  • Equity and Equity related instruments of domestic companies / corporations.
  • Securities issued, guaranteed or supported by the Central Government or any state government (including but not limited to coupon bearing bonds, zero coupon bonds and
    treasury bills).
  • Securities issued by any domestic government agencies, quasi-government or statutory bodies, Public Sector Undertakings, which may or may not be guaranteed or supported by
    the Central Government or any state government.
  • Domestic non-convertible securities as well as non-convertible portion of convertible securities, such as debentures, coupon bearing bonds, zero coupon bonds, deep discount
    bonds, Mibor-linked or other floating rate instruments, premium notes and other debt securities or obligations of public sector undertakings, banks, financial institutions, corporations, companies and other bodies corporate/entity as may be permitted by SEBI / RBI from time to time.
  • Domestic securitised debt, pass through obligations, various types of securitisation issuances such as Asset Backed Securitisation, Mortgage Backed Securitisation and so on as may be permitted by SEBI from time to time.
  • Domestic Commercial Paper (CP), Certificate of Deposits (CD), Bills Rediscounting, TREPs, Repo, Reverse Repo, Treasury Bills, Tri-party Repo and other Money Market Instruments as may be permitted by SEBI / RBI from time to time.
  • Domestic derivatives including Interest Rate Futures, Interest rate swaps, imperfect hedging and other derivative instruments are permitted by SEBI from time to time.
  • Deposits with domestic banks and other bodies corporate as may be permitted by SEBI from time to time.
  • Repo of corporate debt securities.
  • Debt Instruments with Credit Enhancement / structured obligations.
  • Other schemes managed by the AMC or in the schemes of any other mutual funds.
  • Units of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
  • Any other domestic debt and money market instruments that may be available or evolve with the development of the securities markets and as may be permitted by SEBI from time to time.

Also Read: Edelweiss Business Cycle Fund Review

Franklin India Multi Cap Fund Manager Manages the Scheme? 

  1. R. Janakiraman
  2. Kiran Sebastian
  3. Akhil Kalluri 
  4. Sandeep Manam

Franklin India Multi Cap Fund Registrar

Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
Email: enq_h@camsonline.com
Website: www.camsonline.com

Franklin India Multi Cap Fund Form Download

https://portal.amfiindia.com/spages/13955.pdf

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