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

INVEST VIA NRE/NRO

Franklin India Prima Fund Growth for NRI [2602.67]

Min Investment

5,000

Fund Size

11,011.05 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

2602.67

-0.57%

NAV as on 22 Jun 24, 12:00 AM

very high risk

mid cap

equity

NAV as on 22 Jun 24, 12:00 AM

very high risk

mid cap

equity

53.84%p.a.

Last 1Y

24.19%p.a.

Last 3Y

22.54%p.a.

Last 5Y

19.64%p.a.

Since Inception

About Franklin India Prima Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin India Prima Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Dec 1993, Franklin India Prima Fund Growth is Mid-Cap fund of its category with 11,011.05 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.

  • Franklin India Prima Fund Growth delivered 53.8% annual returns during the last year. It has delivered 19.6% average annual returns since the fund was launched.
  • Franklin India Prima 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

The investment objective of Prima Fund is to provide medium to longterm capital appreciation as a primary objective and income as a secondary objective.

Top 10 Holdings

The Federal Bank Ltd

3.45%

Bharat Electronics Ltd

2.85%

Prestige Estates Projects Ltd

2.77%

Cummins India Ltd

2.56%

Hindustan Aeronautics Ltd Ordinary Shares

2.53%

Crompton Greaves Consumer Electricals Ltd

2.28%

Coromandel International Ltd

2.27%

Deepak Nitrite Ltd

2.19%

ICICI Bank Ltd

2.17%

Emami Ltd

2.09%

Fund Managers

  1. R. Janakiraman (Feb 2011 - Present)
  2. Sandeep Manam (Oct 2021 - Present)
  3. Akhil Kalluri (Feb 2022 - Present)

Key Information

View Scheme Document

Franklin India Prima 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 Prima 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 Prima 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 Prima 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