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
₹68.26
-4.16%
NAV as on 16 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 16 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
23.05%p.a.
Last 1Y
19.25%p.a.
Last 3Y
19.90%p.a.
Last 5Y
21.36%p.a.
Since Inception
About Franklin India ELSS Tax Saver Fund Payout of Inc Dist cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India ELSS Tax Saver Fund Payout of Inc Dist cum Cap Wdrl scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Apr 1999, Franklin India ELSS Tax Saver Fund Payout of Inc Dist cum Cap Wdrl is ELSS (Tax Savings) fund of its category with 6,889.57 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- Franklin India ELSS Tax Saver Fund Payout of Inc Dist cum Cap Wdrl delivered 23.1% annual returns during the last year. It has delivered 21.4% average annual returns since the fund was launched.
- Franklin India ELSS Tax Saver Fund Payout of Inc Dist cum Cap Wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in elss
Fund Objective
The primary objective for Franklin IndiaTaxshield is to provide medium to long term growth of capital along with income tax rebate.
Top 10 Holdings
ICICI Bank Ltd
8.58%
HDFC Bank Ltd
8.50%
Bharti Airtel Ltd
5.23%
Infosys Ltd
5.18%
Larsen & Toubro Ltd
4.78%
HCL Technologies Ltd
3.92%
Axis Bank Ltd
3.72%
United Spirits Ltd
3.50%
Zomato Ltd
3.05%
Grasim Industries Ltd
2.49%
Fund Managers
- R. Janakiraman (May 2016 - Present)
- Rajasa Kakulavarapu (Dec 2023 - Present)
Key Information
View Scheme Document
Franklin India ELSS Tax Saver Fund Payout of Inc Dist cum Cap Wdrl SIP Calculator
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For a period of
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₹0(+0.0%)
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This Fund
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NRI Mutual Fund Tax on Franklin India ELSS Tax Saver Fund Payout of Inc Dist cum Cap Wdrl
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 ELSS Tax Saver Fund Payout of Inc Dist cum Cap Wdrl?
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 ELSS Tax Saver Fund Payout of Inc Dist cum Cap Wdrl
- 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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12.1%
Axis ELSS Tax Saver Fund Pyt of Inc Dis cum Cap Wdrl
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Frequently Asked Questions
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