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
₹520.02
-1.90%
NAV as on 18 Nov 24, 12:00 AM
very high risk
sector technology
equity
NAV as on 18 Nov 24, 12:00 AM
very high risk
sector technology
equity
33.59%p.a.
Last 1Y
12.88%p.a.
Last 3Y
26.44%p.a.
Last 5Y
19.38%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 1,844.85 Cr fund under management as on Nov 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 33.6% annual returns during the last year. It has delivered 19.4% 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
Infosys Ltd
20.68%
Tata Consultancy Services Ltd
16.45%
Bharti Airtel Ltd
11.64%
Zomato Ltd
4.88%
HCL Technologies Ltd
3.71%
PB Fintech Ltd
3.60%
Tech Mahindra Ltd
3.51%
TeamLease Services Ltd
3.32%
Franklin Technology I Acc USD
3.09%
Rategain Travel Technologies Ltd
2.58%
Fund Managers
- Venkatesh Sanjeevi (Oct 2024 - Present)
- R. Janakiraman (Dec 2023 - Present)
- Sandeep Manam (Oct 2021 - Present)
Key Information
View Scheme Document
Franklin India Technology 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 Technology 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 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
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