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
₹260.36
0.10%
NAV as on 25 Jul 24, 12:00 AM
very high risk
aggressive allocation
hybrid (nc)
NAV as on 25 Jul 24, 12:00 AM
very high risk
aggressive allocation
hybrid (nc)
30.84%p.a.
Last 1Y
15.90%p.a.
Last 3Y
17.15%p.a.
Last 5Y
14.11%p.a.
Since Inception
About Franklin India Equity Hybrid Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Equity Hybrid Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Aggressive Allocation mutual fund scheme that predominantly invests in Aggressive Allocation stocks of companies. Launched on Dec 1999, Franklin India Equity Hybrid Fund Growth is Aggressive Allocation fund of its category with 1,901.46 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Aggressive Allocation funds.
- Franklin India Equity Hybrid Fund Growth delivered 30.8% annual returns during the last year. It has delivered 14.1% average annual returns since the fund was launched.
- Franklin India Equity Hybrid Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (nc)
Fund Objective
The investment objective of the fund is to provide long-term growth of capital and current income by investing in equity and equity related securities and fixed income instruments.
Top 10 Holdings
HDFC Bank Ltd
5.98%
ICICI Bank Ltd
5.01%
National Bank For Agriculture And Rural Development
4.20%
Larsen & Toubro Ltd
3.25%
Infosys Ltd
3.25%
Bajaj Finance Limited
2.70%
ICICI Home Finance Company Limited
2.69%
Axis Bank Ltd
2.68%
Bharti Airtel Ltd
2.68%
Reliance Industries Ltd
2.67%
Fund Managers
- Anuj Tagra (Mar 2024 - Present)
- Chandni Gupta (Mar 2024 - Present)
- Varun Sharma (Sep 2023 - Present)
- Sandeep Manam (Oct 2021 - Present)
- Rajasa Kakulavarapu (Sep 2021 - Present)
Key Information
View Scheme Document
Franklin India Equity Hybrid Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Franklin India Equity Hybrid 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 Equity Hybrid 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 Equity Hybrid 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
Similar Funds
Funds
3Y Return
SBI Equity Hybrid Fund Growth
very high risk | hybrid (nc)
13.4%
ICICI Prudential Equity & Debt Fund Growth
very high risk | equity
24.6%
HDFC Hybrid Equity Fund Growth
very high risk | hybrid (nc)
15.1%
Frequently Asked Questions
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