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

INVEST VIA NRE/NRO

Franklin India Technology Fund Growth for NRI [460.17]

Min Investment

5,000

Fund Size

1,376.6 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

460.17

0.32%

NAV as on 25 Apr 24, 12:00 AM

very high risk

sector technology

equity

NAV as on 25 Apr 24, 12:00 AM

very high risk

sector technology

equity

63.20%p.a.

Last 1Y

17.90%p.a.

Last 3Y

22.33%p.a.

Last 5Y

19.24%p.a.

Since Inception

About Franklin India Technology Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin India Technology Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Sector - Technology mutual fund scheme that predominantly invests in Sector - Technology stocks of companies. Launched on Aug 1998, Franklin India Technology Fund Growth is Sector - Technology fund of its category with 1,376.6 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Technology funds.

  • Franklin India Technology Fund Growth delivered 63.2% annual returns during the last year. It has delivered 19.2% average annual returns since the fund was launched.
  • Franklin India Technology 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

To provide long-term capital appreciation by predominantly investing in equity and equity related securities of technology and technology related companies.

Top 10 Holdings

Zomato Ltd

10.07%

PB Fintech Ltd

9.81%

Franklin Technology I Acc USD

7.10%

IndiaMART InterMESH Ltd

4.45%

TeamLease Services Ltd

4.07%

Mphasis Ltd

4.04%

Zensar Technologies Ltd

3.97%

Rategain Travel Technologies Ltd

3.26%

HCL Technologies Ltd

3.25%

CE Info Systems Ltd

3.03%

Fund Managers

  1. R. Janakiraman (Dec 2023 - Present)
  2. Varun Sharma (Nov 2015 - Present)
  3. Sandeep Manam (Oct 2021 - Present)

Key Information

View Scheme Document

Franklin India Technology 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 Technology 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 Technology 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 Technology 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