NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Franklin India Equity Hybrid Fund Growth for NRI [257.67]

Min Investment

5,000

Fund Size

2,013.57 Cr

Expense Ratio

2.1%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

257.67

-0.97%

NAV as on 13 Nov 24, 12:00 AM

very high risk

aggressive allocation

hybrid (nc)

NAV as on 13 Nov 24, 12:00 AM

very high risk

aggressive allocation

hybrid (nc)

24.63%p.a.

Last 1Y

12.35%p.a.

Last 3Y

16.21%p.a.

Last 5Y

14.01%p.a.

Since Inception

About Franklin India Equity Hybrid Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin India Equity Hybrid Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Aggressive Allocation mutual fund scheme that predominantly invests in Aggressive Allocation stocks of companies. Launched on Dec 1999, Franklin India Equity Hybrid Fund Growth is Aggressive Allocation fund of its category with 2,013.57 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Aggressive Allocation funds.

  • Franklin India Equity Hybrid Fund Growth delivered 24.6% annual returns during the last year. It has delivered 14.0% average annual returns since the fund was launched.
  • Franklin India Equity Hybrid Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in hybrid (nc)

Fund Objective

The investment objective of the fund is to provide long-term growth of capital and current income by investing in equity and equity related securities and fixed income instruments.

Top 10 Holdings

HDFC Bank Ltd

6.68%

ICICI Bank Ltd

5.10%

Larsen & Toubro Ltd

3.36%

Infosys Ltd

3.23%

Bharti Airtel Ltd

2.83%

Bajaj Finance Limited

2.64%

ICICI Home Finance Company Limited

2.62%

LIC Housing Finance Limited

2.59%

National Bank For Agriculture And Rural Development

2.53%

Mankind Pharma Ltd

2.50%

Fund Managers

  1. Ajay Argal (Oct 2024 - Present)
  2. Anuj Tagra (Mar 2024 - Present)
  3. Chandni Gupta (Mar 2024 - Present)
  4. Sandeep Manam (Oct 2021 - Present)
  5. Rajasa Kakulavarapu (Sep 2021 - Present)

Key Information

View Scheme Document

Franklin India Equity Hybrid Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Franklin India Equity Hybrid Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Franklin India Equity Hybrid 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 Equity Hybrid 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

Frequently Asked Questions