Tax saving funds provides 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
3,564 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.
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 78,881 crores and was set up on 6 October 1995. 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
Not Recommended
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 (G)
About Franklin India Taxshield Fund (G)
Franklin India Taxshield Fund (G) is a tax saving equity fund and has delivered an annualised return of 20.7% 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 (G) 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 (G) NAV,AUM,Risk
The Franklin India Taxshield Fund (G) fund was launched on Apr 10, 1999. The NAV (Net Asset Value) of this tax saving equity as of 2020-11-20 is ₹ 587.828. The total AUM (Asset Under Management) of the fund as of 2020-11-21 is ₹ 3563.124. The category risk of the Franklin India Taxshield Fund (G) fund is Moderately High risk.
The fund charges 1.91 % as expense ratio.
Franklin India Taxshield Fund (G) Holdings
The fund’s highest allocation is towards equity and has invested 96.0% in this asset class. The top three holdings of the fund are infosys ltd,axis bank ltd and hdfc bank ltd
Franklin India Taxshield Fund (G) 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 (G) 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
Franklin India Taxshield Fund (G) Review
Franklin India Taxshield Fund (G) has a score of 4 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Franklin India Taxshield Fund (G) has a score of 4 out of 5.
Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.
