ET Wealth collaborates with Worth Analysis to analyse prime mutual funds. We look at the important thing fundamentals of the fund, its portfolio and efficiency that can assist you make an knowledgeable funding determination.

BASIC FACTS
DATE OF LAUNCH

29 SEPTEMBER 1994
CATEGORY
EQUITY
TYPE
FLEXI CAP
AUM*
Rs.10,370 Crore
BENCHMARK
NIFTY 500 TOTAL
RETURN INDEX

WHAT IT COSTS
NAV**
GROWTH OPTION
Rs.1,018.27
IDCW
Rs.46.97
MINIMUM INVESTMENT
Rs.5,000
MINIMUM SIP AMOUNT
Rs.500
EXPENSE RATIO*** (%)
1.77
EXIT LOAD
1% for redemption
inside 12 months

*AS ON 30 APRIL 2023
**AS ON 23 MAY 2023
***AS ON 30 APRIL 2023

FUND MANAGERS
R. JANAKIRAMAN /ANAND RADHAKRISHNAN
12 YEARS / 16 YEARS

Current portfolio modifications
New Entrants
Devyani Worldwide, Hindustan Aeronautics (Mar), Crompton Greaves Client Electricals (Apr).
Full Exits
Dr. Reddy’s Laboratories, Ultratech Cement (Mar), Delhivery, Maruti Suzuki India, One 97 Communications (Apr).
Growing allocation
ACC, Metropolis Union Financial institution, ICICI Prudential Life Insurance coverage Firm, United Breweries, Westlife Foodworld, Whirlpool Of India, Zomato (Apr).

Do you have to purchase?
Earlier often called Franklin India Fairness, this fund was shifted to the flexi cap class, permitting it to retain its go-anywhere strategy to totally different market cap segments. It maintains its earlier massive cap tilt. The fund managers run a top quality and development centric strategy with a price overlay. The portfolio is effectively diversified but retains massive positions in its prime bets. The fund endured a blip in efficiency between 2017-2020 however got here again robust in 2021 and 2022. The shift in market’s choice in the direction of worth has helped the fund recuperate neatly. With extremely skilled fund managers on the helm, the fund ought to ship wholesome outcomes over the long run.

(Supply: Worth Analysis)

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