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
₹2623.44
0.23%
NAV as on 16 Nov 24, 12:00 AM
very high risk
mid cap
equity
NAV as on 16 Nov 24, 12:00 AM
very high risk
mid cap
equity
39.68%p.a.
Last 1Y
17.92%p.a.
Last 3Y
22.63%p.a.
Last 5Y
19.86%p.a.
Since Inception
About Franklin India Prima Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Prima Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Dec 1993, Franklin India Prima Fund Growth is Mid-Cap fund of its category with 12,318.31 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.
- Franklin India Prima Fund Growth delivered 39.7% annual returns during the last year. It has delivered 19.9% average annual returns since the fund was launched.
- Franklin India Prima 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 Prima Fund is to provide medium to longterm capital appreciation as a primary objective and income as a secondary objective.
Top 10 Holdings
The Federal Bank Ltd
3.88%
Deepak Nitrite Ltd
2.35%
Mphasis Ltd
2.28%
Max Financial Services Ltd
2.18%
Prestige Estates Projects Ltd
2.17%
Ipca Laboratories Ltd
2.12%
Coromandel International Ltd
2.11%
Trent Ltd
2.05%
Crompton Greaves Consumer Electricals Ltd
2.03%
Persistent Systems Ltd
2.03%
Fund Managers
- R. Janakiraman (Feb 2011 - Present)
- Sandeep Manam (Oct 2021 - Present)
- Akhil Kalluri (Feb 2022 - Present)
Key Information
View Scheme Document
Franklin India Prima 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 Prima 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 Prima 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 Prima 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
Similar Funds
Funds
3Y Return
HDFC Mid-Cap Opportunities Fund Growth
very high risk | equity
24.1%
Kotak Emerging Equity Scheme Growth
very high risk | equity
20.3%
Nippon India Growth Fund - Growth
very high risk | equity
22.0%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved