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

INVEST VIA NRE/NRO

Franklin India Smaller Companies Fund Growth for NRI [182.72]

Min Investment

5,000

Fund Size

14,023.15 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

182.72

0.16%

NAV as on 15 Jul 24, 12:00 AM

very high risk

small cap

equity

NAV as on 15 Jul 24, 12:00 AM

very high risk

small cap

equity

57.73%p.a.

Last 1Y

30.24%p.a.

Last 3Y

28.82%p.a.

Last 5Y

16.95%p.a.

Since Inception

About Franklin India Smaller Companies Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin India Smaller Companies Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Small-Cap mutual fund scheme that predominantly invests in Small-Cap stocks of companies. Launched on Jan 2006, Franklin India Smaller Companies Fund Growth is Small-Cap fund of its category with 14,023.15 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Small-Cap funds.

  • Franklin India Smaller Companies Fund Growth delivered 57.7% annual returns during the last year. It has delivered 16.9% average annual returns since the fund was launched.
  • Franklin India Smaller Companies 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 Fund seeks to provide long-term capital appreciation by investing predominantly in small cap companies.

Top 10 Holdings

Brigade Enterprises Ltd

4.01%

Equitas Small Finance Bank Ltd Ordinary Shares

3.33%

Kalyan Jewellers India Ltd

3.13%

Deepak Nitrite Ltd

2.48%

Karur Vysya Bank Ltd

2.27%

Carborundum Universal Ltd

2.16%

Amara Raja Energy & Mobility Ltd

2.16%

Aster DM Healthcare Ltd Ordinary Shares

2.09%

Kirloskar Oil Engines Ltd

2.09%

Crompton Greaves Consumer Electricals Ltd

1.99%

Fund Managers

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

Key Information

View Scheme Document

Franklin India Smaller Companies 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 Smaller Companies 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 Smaller Companies 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 Smaller Companies 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