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
₹978.87
0.71%
NAV as on 29 Apr 24, 12:00 AM
very high risk
large cap
equity
NAV as on 29 Apr 24, 12:00 AM
very high risk
large cap
equity
27.80%p.a.
Last 1Y
13.82%p.a.
Last 3Y
13.44%p.a.
Last 5Y
16.29%p.a.
Since Inception
About Franklin India Bluechip Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Bluechip Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Dec 1993, Franklin India Bluechip Fund Growth is Large-Cap fund of its category with 7,691.11 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.
- Franklin India Bluechip Fund Growth delivered 27.8% annual returns during the last year. It has delivered 16.3% average annual returns since the fund was launched.
- Franklin India Bluechip 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
The investment objective of the scheme is to generate long-term capital appreciation by actively managing a portfolio of equity and equity related securities. The Scheme will invest in a range of companies, with a bias towards large cap companies.
Top 10 Holdings
ICICI Bank Ltd
9.49%
Reliance Industries Ltd
8.04%
HDFC Bank Ltd
6.87%
Axis Bank Ltd
4.62%
Infosys Ltd
4.49%
HCL Technologies Ltd
4.42%
Mahindra & Mahindra Ltd
4.29%
Kotak Mahindra Bank Ltd
4.19%
Larsen & Toubro Ltd
3.92%
Tata Motors Ltd
3.80%
Fund Managers
- Ajay Argal (Dec 2023 - Present)
- Venkatesh Sanjeevi (Oct 2021 - Present)
- Sandeep Manam (Dec 1993 - Present)
Key Information
View Scheme Document
Franklin India Bluechip Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Franklin India Bluechip 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 India Bluechip 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 India Bluechip 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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22.1%
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16.6%
Mirae Asset Large Cap Fund Growth
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14.8%
Frequently Asked Questions
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