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

INVEST VIA NRE/NRO

Franklin India Focused Equity Fund Growth for NRI [107.91]

Min Investment

5,000

Fund Size

12,198.1 Cr

Expense Ratio

1.8%

Exit Load

1%

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

107.91

0.10%

NAV as on 15 Jul 24, 12:00 AM

very high risk

focused fund

equity

NAV as on 15 Jul 24, 12:00 AM

very high risk

focused fund

equity

39.80%p.a.

Last 1Y

21.12%p.a.

Last 3Y

20.89%p.a.

Last 5Y

14.90%p.a.

Since Inception

About Franklin India Focused Equity Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin India Focused Equity Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Jul 2007, Franklin India Focused Equity Fund Growth is Focused Fund fund of its category with 12,198.1 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.

  • Franklin India Focused Equity Fund Growth delivered 39.8% annual returns during the last year. It has delivered 14.9% average annual returns since the fund was launched.
  • Franklin India Focused 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

An open-end focused equity fund that seeks to achieve capital appreciation through investing predominantly in Indian companies/sectors with high growth rates or potential.

Top 10 Holdings

HDFC Bank Ltd

9.39%

ICICI Bank Ltd

8.16%

Infosys Ltd

5.78%

Reliance Industries Ltd

5.39%

Axis Bank Ltd

4.98%

Bharti Airtel Ltd

4.97%

Sobha Ltd

4.24%

Sun Pharmaceuticals Industries Ltd

4.24%

Cipla Ltd

3.88%

Zomato Ltd

3.86%

Fund Managers

  1. Ajay Argal (Oct 2021 - Present)
  2. Varun Sharma (Apr 2023 - Present)
  3. Sandeep Manam (Oct 2021 - Present)

Key Information

View Scheme Document

Franklin India Focused 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 India Focused 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 India Focused 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 India Focused 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