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Franklin India Taxshield

Franklin India Taxshield

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

28.80

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 21,368 today.

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NAV Performance

Franklin India Taxshield performance graph for last 3 years
Performance of Franklin India Taxshield for last 3 Years

Fund Information

  • ₹ 1,053.622

    as on 22 Sep 2023
  • Regular - Growth

  • 12 / 37

  • ₹ 500

  • ₹ 4,602 Cr.

    as on 31 May 2023
  • 1.89%

  • 10 Apr 1999

  • Equity - ELSS

  • Nifty 500

  • Franklin Templeton Mutual Fund

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  • Data not available.

Highlights of this fund

Franklin India Taxshield is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 10 Apr 1999. This fund is offered by one of the top AMC (Assets Management Company) Franklin Templeton Mutual Fund. You can also view here all other Equity funds offered by Franklin Templeton Mutual Fund.

Latest NAV of the fund is ₹ 1,053.622 as on 22 Sep 2023.

This fund has 24 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.89%. Ideally you shoulds compare this fund with the benchmark Nifty 500.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

To provide medium to long term growth of capital along with income tax rebate.

List of Fund Managers of Franklin India Taxshield

  • About Anand Radhakrishnan

    Picture of Anand RadhakrishnanMr. Radhakrishnan is a B.Tech, CFA and PGDM from IIM Ahmedabad. Prior to joining Franklin Templeton Investments, he has worked with Sundaram Asset Management Ltd., SBI Funds Management and Asian Convertible and Income Fund.
  • About R. Janakiraman

    Picture of R. Janakiraman
  • About Anand Radhakrishnan

    Picture of Anand RadhakrishnanMr. Radhakrishnan is a B.Tech, CFA and PGDM from IIM Ahmedabad. Prior to joining Franklin Templeton Investments, he has worked with Sundaram Asset Management Ltd., SBI Funds Management and Asian Convertible and Income Fund.
  • About R. Janakiraman

    Picture of R. Janakiraman
  • About Anand Radhakrishnan

    Picture of Anand RadhakrishnanMr. Radhakrishnan is a B.Tech, CFA and PGDM from IIM Ahmedabad. Prior to joining Franklin Templeton Investments, he has worked with Sundaram Asset Management Ltd., SBI Funds Management and Asian Convertible and Income Fund.
  • About R. Janakiraman

    Picture of R. Janakiraman
  • About Anand Radhakrishnan

    Picture of Anand RadhakrishnanMr. Radhakrishnan is a B.Tech, CFA and PGDM from IIM Ahmedabad. Prior to joining Franklin Templeton Investments, he has worked with Sundaram Asset Management Ltd., SBI Funds Management and Asian Convertible and Income Fund.
  • About R. Janakiraman

    Picture of R. Janakiraman
  • About R. Janakiraman

    Picture of R. Janakiraman
  • About R. Janakiraman

    Picture of R. Janakiraman
  • About Anand Radhakrishnan

    Picture of Anand RadhakrishnanMr. Radhakrishnan is a B.Tech, CFA and PGDM from IIM Ahmedabad. Prior to joining Franklin Templeton Investments, he has worked with Sundaram Asset Management Ltd., SBI Funds Management and Asian Convertible and Income Fund.
  • About R. Janakiraman

    Picture of R. Janakiraman

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 4.75% 11.13% 25.95% 26.21% 32.94% 34.63% 24.02% 23.88% 37.19% 24.83% 23.35% 29.58% 22.88%
Category Average 2.08% 7.00% 18.95% 14.97% 9.09% 23.43% 13.43% 16.23% 23.94% 15.54% 16.51% 17.67% 14.29%
Franklin India Taxshield 2.77%₹ 10,277 10.26%₹ 11,026 21.47%₹ 12,147 18.81%₹ 11,880 28.16%₹ 13,759 11.88%₹ 12,518 18.62%₹ 28,811 28.80%₹ 21,368 19.69%₹ 48,068 13.50%₹ 18,850 19.19%₹ 96,794 16.10%₹ 44,559 14.30%₹ 2,53,398
Quant Tax Plan 2.94%₹ 10,293 10.59%₹ 11,059 22.67%₹ 12,266 8.73%₹ 10,873 24.21%₹ 13,520 13.60%₹ 12,904 18.03%₹ 28,654 34.63%₹ 24,399 23.35%₹ 50,575 24.02%₹ 29,375 29.58%₹ 1,24,236 23.88%₹ 85,294 22.88%₹ 4,02,701
Kotak Tax Saver Fund 2.07%₹ 10,207 7.43%₹ 10,742 18.37%₹ 11,837 15.68%₹ 11,567 24.00%₹ 13,507 11.37%₹ 12,403 17.36%₹ 28,475 25.31%₹ 19,675 18.36%₹ 47,184 15.80%₹ 20,840 19.32%₹ 97,112 17.49%₹ 50,207 15.69%₹ 2,73,129
Mirae Asset Tax Saver Fund 2.06%₹ 10,205 7.61%₹ 10,761 19.75%₹ 11,974 15.83%₹ 11,582 24.46%₹ 13,535 7.39%₹ 11,531 14.78%₹ 27,793 24.33%₹ 19,218 16.06%₹ 45,667 16.38%₹ 21,369 19.15%₹ 96,708 - -
IDFC Tax Advantage (elss) Fund 1.43%₹ 10,143 7.96%₹ 10,795 21.34%₹ 12,134 18.67%₹ 11,867 27.81%₹ 13,738 12.77%₹ 12,718 18.74%₹ 28,844 30.96%₹ 22,461 21.42%₹ 49,243 16.19%₹ 21,195 22.65%₹ 1,05,277 18.51%₹ 54,755 16.97%₹ 2,92,511
BOI AXA Tax Advantage Fund 4.24%₹ 10,423 10.53%₹ 11,053 23.71%₹ 12,371 16.90%₹ 11,689 30.00%₹ 13,870 8.07%₹ 11,679 18.60%₹ 28,805 25.92%₹ 19,964 18.96%₹ 47,585 18.15%₹ 23,048 22.27%₹ 1,04,305 17.55%₹ 50,484 17.09%₹ 2,94,437

Portfolio Holdings

Portfolio holdings pattern of Franklin India Taxshield as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    95.37%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    4.65%

Top Sector Holdings of Franklin India Taxshield

Name of SectorHolding PercentageHolding Values in Crore
Banks 28.74% ₹ 1,397.26 Cr.
Computers - Software 8.48% ₹ 412.52 Cr.
Engineering, designing, construction 6.18% ₹ 300.72 Cr.
Telecom - services 5.21% ₹ 253.27 Cr.
Brew/distilleries 5.06% ₹ 246.15 Cr.
Others 46.33% -

Top Stock Holdings of Franklin India Taxshield

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 8.98% ₹ 436.61 Cr.
HDFC Bank Ltd. 8.28% ₹ 402.71 Cr.
Infosys Ltd. 5.42% ₹ 263.66 Cr.
Bharti Airtel Ltd. 5.21% ₹ 253.27 Cr.
Axis Bank Ltd. 5.17% ₹ 251.58 Cr.
Others 66.94% -

Other Holdings

Holding TypeHolding Percentage
Net Receivables 4.65%