Franklin India Opportunities Fund

Franklin India Opportunities Fund is being managed by Chakri Lokapriya since July 2008. Chakri has over 15 years experience in the investment management industry. Anil Prabhudas also joined in February 2011. This fund’s performance has lagged the category average for various periods by significant margins. If you have invested in this fund, exit now to invest in a better performing fund. If you are a new investor you can safely skip this one.

 

Where does Franklin India Opportunities fund invest your money?

Franklin India Opportunities Fund is a large cap fund which means most of your money is invested in giant and large companies and a few medium and small size companies. It has about 75.28% allocation in stocks of large cap companies and 18.67% in medium cap companies and about 6.05% in small cap companies. Large cap companies tend to be stable compared to mid cap and small cap companies. Yet exposure to mid cap companies is not avoided due to prospects of kicker returns which unfortunately does not happen often.

Suitable for what?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home purchase
Not suitable for what?
  • Creation of wealth 
  • Short term needs
Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment.
Not Recommended
How has Franklin India Opportunities Fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched in Feb 2000 the value of your investments would be around Rs 3.15 lakhs. If you had invested Rs 1 lakh five years back it would have become Rs 98625. The performance has been not better than or similar to other mutual funds in this category. The fund has been giving at around -0.27% every year for those who stayed invested for last 5 years.

Assume you had invested Rs 10,000 every month in Franklin India Opportunities Fund through SIP for the last 5 years today you would have around Rs 7.16 lakhs.

What charges apply?

A onetime fee of Rs 100 is charged on investments over Rs 10, 000 made through distributors. If you are a first time investor in mutual funds an additional Rs 50 is charged to cover KYC expenses. This is deducted from your investment and can be skipped if you buy directly from the mutual fund via their website or offices.

If units are sold within a year an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of Franklin India Opportunities Fund is 2.26%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

The returns in a mutual fund are absolutely tax free, provided you do not withdraw within 1 year. Franklin India Opportunities Fund does not qualify for sec 80C ELSS benefits.

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