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
₹1449.29
-0.18%
NAV as on 01 May 24, 12:00 AM
very high risk
flexi cap
equity
NAV as on 01 May 24, 12:00 AM
very high risk
flexi cap
equity
45.02%p.a.
Last 1Y
23.84%p.a.
Last 3Y
19.32%p.a.
Last 5Y
18.22%p.a.
Since Inception
About Franklin India Flexi Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Flexi Cap Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Sep 1994, Franklin India Flexi Cap Fund Growth is Flexi Cap fund of its category with 14,623.45 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.
- Franklin India Flexi Cap Fund Growth delivered 45.0% annual returns during the last year. It has delivered 18.2% average annual returns since the fund was launched.
- Franklin India Flexi Cap 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 this scheme is to provide growth of capital plus regular dividend through a diversified portfolio of equities, fixed income securities and money market instruments.
Top 10 Holdings
ICICI Bank Ltd
7.85%
HDFC Bank Ltd
6.73%
Larsen & Toubro Ltd
5.68%
Bharti Airtel Ltd
5.04%
Infosys Ltd
4.74%
State Bank of India
3.94%
Axis Bank Ltd
3.80%
HCL Technologies Ltd
3.42%
NTPC Ltd
3.17%
Reliance Industries Ltd
3.07%
Fund Managers
- R. Janakiraman (Feb 2011 - Present)
- Sandeep Manam (Oct 2021 - Present)
- Rajasa Kakulavarapu (Dec 2023 - Present)
Key Information
View Scheme Document
Franklin India Flexi Cap Fund Growth SIP Calculator
If invested
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 Flexi Cap 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 Flexi Cap 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 Flexi Cap 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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Frequently Asked Questions
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