This fund is a good choice within tax saving mutual funds.
Scripbox recommends other funds for investment in Tax Saving.
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to see our recommendations.
Tax Saving funds provides tax saving with inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
The fund has an extended history for analysis and the track record is excellent
Relative Size
3,627 Cr
Large within the category
Category View
Positive
The category has a positive investment outlook
Consistency Of Performance
Good
The historical performance of the fund has been good
Tax Saver Plan
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
The primary objective for Franklin IndiaTaxshield is to provide medium to long term growth of capital along with income tax rebate
Low
Moderately Low
Moderate
Moderately High
High
Moderately High risk
1.94%
Expense Ratio
10th Apr, 1999
Launched (21y ago)
₹
3,627
AUM in Crores
INF090I01775
ISIN
3 years
Lock-in
IISL Nifty 500 TR INR
Benchmark
₹
500
SIP Minimum
₹
500
Lumpsum Min.
Fund Managers
Lakshmikanth Reddy
Fund Manager
R. Janakiraman
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments
are subject to market risk, read all scheme related documents carefully before investing. Past performance is
not an indicator of future returns.
Franklin Templeton Asst Mgmt(IND)Pvt Ltd manages assets worth ₹ 80,584 crores. It's current offering of mutual fund schemes includes 39 equity, 179 debt and 36 hybrid funds.
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Top Ranked
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Not Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Equity Funds
Debt Funds
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About Franklin India Taxshield Fund (Growth)
About Franklin India Taxshield Fund (Growth)
Franklin India Taxshield Fund (Growth) is a Tax Saving Equity fund and has delivered an annualised return of 19.99% over a period of 21 years.
The fund is managed by Franklin Templeton Asst Mgmt(IND)Pvt Ltd.
The fund managers are Lakshmikanth Reddy, R. Janakiraman.
Franklin India Taxshield Fund (Growth) Investment Objective
The primary objective for Franklin IndiaTaxshield is to provide medium to long term growth of capital along with income tax rebate
However, there is no assurance that the objective of the scheme will be realized.
Franklin India Taxshield Fund (Growth) NAV, AUM and Risk
The fund was launched on 1999-04-10. The NAV of the fund as of 2020-09-21 is ₹ 498.92. The total AUM of the fund as of 2020-09-21 is ₹ 3,627 Cr. The category risk of the fund is Moderately High risk
The fund charges 1.94 % as expense ratio.
Franklin India Taxshield Fund (Growth) Holdings
The fund’s highest allocation is towards equity and has invested 94.15% in this asset class.
The top three holdings of the fund are axis bank ltd, infosys ltd and hdfc bank ltd.
Franklin India Taxshield Fund (Growth) SIP
The minimum SIP(Systematic Investment Plan) amount for this is ₹ 500 and you can increase this in multiples of 500. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.
Franklin India Taxshield Fund (Growth) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR.
