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
₹13.88
-0.14%
NAV as on 22 Jul 26, 12:00 AM
low to moderate risk
equity savings
equity
NAV as on 22 Jul 26, 12:00 AM
low to moderate risk
equity savings
equity
3.29%p.a.
Last 1Y
6.92%p.a.
Last 3Y
6.64%p.a.
Last 5Y
6.89%p.a.
Since Inception
About Franklin India Equity Savings Fund -IDCW for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Equity Savings Fund -IDCW scheme from Franklin Templeton Asset Management (India) Private Limited. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Aug 2018, Franklin India Equity Savings Fund -IDCW is Equity Savings fund of its category with 618.95 Cr fund under management as on Jul 2026. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
- Franklin India Equity Savings Fund -IDCW delivered 3.3% annual returns during the last year. It has delivered 6.9% average annual returns since the fund was launched.
- Franklin India Equity Savings Fund -IDCW scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The Scheme intends to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments. The Scheme also intends to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies. There can be no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
Cash/Net Current Assets
2.89%
Others Mrgn Money
2.41%
TeamLease Services Ltd
0.05%
Varun Beverages Ltd
0.53%
Hindustan Petroleum Corpn. Ltd Futures
-0.52%
Tata Power Co. Ltd Futures
-1.42%
Bharti Infratel Ltd Futures
-0.95%
Ambuja Cements Ltd Futures
-0.53%
Reliance Industries Ltd Futures
-1.80%
Idea Cellular Ltd Futures
-2.27%
Fund Managers
- Venkatesh Sanjeevi (Oct 2024 - Present)
- Rajasa Kakulavarapu (Sep 2021 - Present)
- Sandeep Manam (Oct 2021 - Present)
- Rohan Maru (Oct 2024 - Present)
- Anuj Tagra (Apr 2024 - Present)
Key Information
View Scheme Document
Franklin India Equity Savings Fund -IDCW SIP Calculator
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For a period of
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₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Franklin India Equity Savings Fund -IDCW
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 Equity Savings Fund -IDCW?
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 Savings Fund -IDCW
- 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
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