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

INVEST VIA NRE/NRO

Franklin Asian Equity Fund Growth for NRI [27.77]

Min Investment

5,000

Fund Size

228.08 Cr

Expense Ratio

2.5%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

27.77

-0.69%

NAV as on 20 Jun 24, 12:00 AM

very high risk

global other

equity

NAV as on 20 Jun 24, 12:00 AM

very high risk

global other

equity

6.60%p.a.

Last 1Y

-4.41%p.a.

Last 3Y

4.71%p.a.

Last 5Y

5.98%p.a.

Since Inception

About Franklin Asian Equity Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin Asian Equity Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Jan 2008, Franklin Asian Equity Fund Growth is Global - Other fund of its category with 228.08 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.

  • Franklin Asian Equity Fund Growth delivered 6.6% annual returns during the last year. It has delivered 6.0% average annual returns since the fund was launched.
  • Franklin Asian Equity 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

FAEF is an open-end diversified equity fund that seeks to provide medium to long term appreciation through investments primarily in Asian Companies / sectors (excluding Japan) with long term potential across market capitalisation.

Top 10 Holdings

Taiwan Semiconductor Manufacturing Co Ltd

11.75%

Samsung Electronics Co Ltd

6.83%

ICICI Bank Ltd

5.99%

Tencent Holdings Ltd

5.17%

HDFC Bank Ltd

4.32%

Larsen & Toubro Ltd

3.68%

Reliance Industries Ltd

3.55%

AIA Group Ltd

3.16%

Zomato Ltd

2.67%

SK Hynix Inc

2.60%

Fund Managers

  1. Varun Sharma (Oct 2021 - Present)
  2. Sandeep Manam (Oct 2021 - Present)

Key Information

View Scheme Document

Franklin Asian Equity 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 Asian Equity 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 Asian Equity 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 Asian Equity 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