NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹29.15
0.23%
NAV as on 16 Dec 24, 12:00 AM
very high risk
global other
equity
NAV as on 16 Dec 24, 12:00 AM
very high risk
global other
equity
19.22%p.a.
Last 1Y
-0.87%p.a.
Last 3Y
3.86%p.a.
Last 5Y
6.34%p.a.
Since Inception
About Franklin Asian Equity Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin Asian Equity Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Jan 2008, Franklin Asian Equity Fund Growth is Global - Other fund of its category with 245.5 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.
- Franklin Asian Equity Fund Growth delivered 19.2% annual returns during the last year. It has delivered 6.3% average annual returns since the fund was launched.
- Franklin Asian Equity Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
FAEF is an open-end diversified equity fund that seeks to provide medium to long term appreciation through investments primarily in Asian Companies / sectors (excluding Japan) with long term potential across market capitalisation.
Top 10 Holdings
Taiwan Semiconductor Manufacturing Co Ltd
13.21%
ICICI Bank Ltd
5.36%
Tencent Holdings Ltd
4.88%
HDFC Bank Ltd
3.62%
Alibaba Group Holding Ltd Ordinary Shares
3.54%
Samsung Electronics Co Ltd
3.43%
AIA Group Ltd
2.97%
Zomato Ltd
2.87%
Larsen & Toubro Ltd
2.84%
Oberoi Realty Ltd
2.45%
Fund Managers
- Sandeep Manam (Oct 2021 - Present)
- Shyam Sriram (Sep 2024 - Present)
Key Information
View Scheme Document
Franklin Asian Equity Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Franklin Asian Equity Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Franklin Asian Equity Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Franklin Asian Equity Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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