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
₹103.05
0.30%
NAV as on 16 Nov 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 16 Nov 24, 12:00 AM
very high risk
focused fund
equity
28.68%p.a.
Last 1Y
14.36%p.a.
Last 3Y
20.65%p.a.
Last 5Y
14.59%p.a.
Since Inception
About Franklin India Focused Equity Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Focused Equity Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Jul 2007, Franklin India Focused Equity Fund Growth is Focused Fund fund of its category with 12,068.03 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- Franklin India Focused Equity Fund Growth delivered 28.7% annual returns during the last year. It has delivered 14.6% average annual returns since the fund was launched.
- Franklin India Focused Equity 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
An open-end focused equity fund that seeks to achieve capital appreciation through investing predominantly in Indian companies/sectors with high growth rates or potential.
Top 10 Holdings
HDFC Bank Ltd
9.78%
ICICI Bank Ltd
8.89%
Infosys Ltd
5.82%
Axis Bank Ltd
5.28%
Bharti Airtel Ltd
5.21%
Sun Pharmaceuticals Industries Ltd
5.21%
Zomato Ltd
4.71%
Reliance Industries Ltd
4.64%
Cipla Ltd
4.37%
PB Fintech Ltd
3.24%
Fund Managers
- Ajay Argal (Oct 2021 - Present)
- Venkatesh Sanjeevi (Oct 2024 - Present)
- Sandeep Manam (Oct 2021 - Present)
Key Information
View Scheme Document
Franklin India Focused Equity Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Franklin India Focused Equity 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 Focused Equity 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 Focused Equity 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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7.7%
HDFC Focused 30 Fund Growth
very high risk | equity
22.0%
Axis Focused Fund Growth
very high risk | equity
2.1%
Frequently Asked Questions
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