Franklin Asian Equity Fund - Direct (IDCW)


Sectoral / Thematic
  • NAV 12.46 (0.10%)
  • Fund Size (Cr) ₹222.62
  • Expense Ratio 1.78
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹100
  • Minimum Withdrawal ₹1000
  • Exit Load 1%
  • Return Since Launch 6.60%

Basic Details

Scheme Manager
Varun Sharma
Bench Mark
MSCI AC Far East Free Ex - Japan Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 16-Feb-24
  • 10114.15
  • 1.14%
  • -
  • 0.83%
  • 196/640
  • 1 Month
  • 23-Jan-24
  • 10734.76
  • 7.35%
  • -
  • 6.56%
  • 228/628
  • 3 Month
  • 23-Nov-23
  • 10118.27
  • 1.18%
  • -
  • 16.10%
  • 606/612
  • 6 Month
  • 23-Aug-23
  • 10404.21
  • 4.04%
  • -
  • 22.80%
  • 562/568
  • 1 Year
  • 23-Feb-23
  • 9912.95
  • -0.87%
  • -0.87%
  • 45.23%
  • 516/518
  • 3 Year
  • 23-Feb-21
  • 7581.33
  • -24.19%
  • -8.82%
  • 21.89%
  • 432/434
  • 5 Year
  • 22-Feb-19
  • 12074.55
  • 20.75%
  • 3.84%
  • 21.21%
  • 348/350
  • Since Inception
  • 01-Jan-13
  • 20392.99
  • 103.93%
  • 6.60%
  • 19.38%
  • 614/644

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Mar-23
  • 120000
  • 253316.35
  • 111.10%
  • 111.10%
  • 3 Year
  • 01-Mar-21
  • 360000
  • 681089.87
  • 89.19%
  • 23.68%
  • 5 Year
  • 01-Mar-19
  • 600000
  • 1133205.46
  • 88.87%
  • 13.56%
  • 10 Year
  • 03-Mar-14
  • 1200000
  • 2323456.15
  • 93.62%
  • 6.83%

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    5.04%
  • Beta
    0.38%
  • Sharpe Ratio
    -0.85%
  • Treynor’s Ratio
    -0.06%
  • Jension’s Alpha
    -18.04%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • Zomato Ltd
  • 2.20%
  • 351259
  • 4.90
  • Equity
  • E-Commerce/App based Aggregator
  • Tata Consumer
  • 1.80%
  • 35918
  • 4.02
  • Equity
  • Plantation & Plantation Products
  • United Spirits
  • 1.66%
  • 33949
  • 3.70
  • Equity
  • Alcoholic Beverages
  • Indian Hotels Co
  • 1.60%
  • 72489
  • 3.57
  • Equity
  • Hotels & Restaurants
  • Oberoi Realty
  • 1.56%
  • 26159
  • 3.46
  • Equity
  • Realty
  • HDFC Life Insur.
  • 1.48%
  • 57311
  • 3.30
  • Equity
  • Insurance
  • Tata Motors
  • 1.20%
  • 30097
  • 2.66
  • Equity
  • Automobile
  • Tube Investments
  • 0.80%
  • 4564
  • 1.78
  • Equity
  • Auto Ancillaries
  • Apollo Hospitals
  • 0.50%
  • 1735
  • 1.10
  • Equity
  • Healthcare
  • Hindalco Inds.
  • 0.48%
  • 18361
  • 1.06
  • Equity
  • Non Ferrous Metals

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Franklin Asian Equity Fund - Direct (IDCW)
  • Stars
  • 222.62
  • 7.35%
  • 1.18%
  • 4.04%
  • -0.87%
  • -8.82%
  • Aditya Birla SL PSU Equity Fund - Direct (G)
  • Stars
  • 2678.68
  • 13.99%
  • 43.98%
  • 62.30%
  • 101.98%
  • 44.42%
  • Aditya Birla SL PSU Equity Fund - Direct (IDCW)
  • Stars
  • 2678.68
  • 13.96%
  • 43.96%
  • 62.27%
  • 101.96%
  • 44.46%
  • SBI PSU Fund - Direct (IDCW)
  • Stars
  • 1432.29
  • 14.98%
  • 41.57%
  • 54.15%
  • 98.22%
  • 40.95%
  • SBI PSU Fund - Direct (G)
  • Stars
  • 1432.29
  • 14.98%
  • 41.57%
  • 54.15%
  • 98.22%
  • 40.95%
  • Invesco India PSU Equity Fund - Direct (IDCW)
  • Stars
  • 775.11
  • 16.00%
  • 38.03%
  • 51.61%
  • 93.26%
  • 39.50%

News

  • Franklin Templeton Mutual Fund Announces change in benchmark under its scheme Franklin Templeton Mutual Fund has announced changes in the benchmark indices below. The mentioned schemes shall stand changed effective March 9, 2024.

    Changes in Benchmark Index:

    Scheme Name Existing Benchmark New Benchmark
    Franklin Asian Equity Fund MSCI Asia (Ex-Japan) Standard Index 75% MSCI Asia (Ex-Japan) Standard Index + 25% Nifty 500 Index

    Powered by Capital Market - Live News

  • Franklin Templeton MF Announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes Franklin Templeton Mutual Fund has announced 25 January 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    Franklin India Bluechip Fund ? IDCW Option: 4.000

    Franklin India Bluechip Fund ? Direct ? IDCW Option: 4.500

    Franklin India ELSS Tax Saver Fund ? IDCW Option: 3.750

    Franklin India ELSS Tax Saver Fund ? Direct ? IDCW Option: 4.500

    Powered by Capital Market - Live News

  • Franklin Templeton MF Announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes Franklin Templeton Mutual Fund has announced 19 January 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    Franklin India Dynamic Asset Allocation Fund of Funds ? IDCW Option: 0.750

    Franklin India Dynamic Asset Allocation Fund of Funds ? Direct ? IDCW Option: 0.900

    Franklin India Debt Hybrid Fund ? Monthly IDCW Option: 0.085

    Franklin India Debt Hybrid Fund ? Direct ? Monthly IDCW Option: 0.095

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 01-Jan-2013
  • Total AUM (Cr) ₹222.62

Franklin Asian Equity Fund - Direct (IDCW) is an Sectoral / Thematic-oriented fund from the renowned AMC, Franklin Templeton Mutual Fund. Launched in Jan 2013, this fund is managed by Varun Sharma. With assets under management (AUM) worth ₹222.62 (Cr), as of 23-Feb-2024, Franklin Asian Equity Fund - Direct (IDCW) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 6.60% since its launch.
The current NAV of Franklin Asian Equity Fund - Direct (IDCW) is ₹12.46, as on 23-Feb-2024. The fund’s benchmark index is MSCI AC Far East Free Ex - Japan Index. You can invest in Franklin Asian Equity Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
1.00% - If redeemed within 1 years from the date of allotment. Nil - If redeemed after 1 years from the date of allotment.
The fund has generated -8.82% and 3.84% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 13.28% in Equity and 86.72% in cash and cash equivalents
The top 5 sectors the fund invests in are: 84.67% in Others, 2.20% in Retailing, 2.05% in Cash & Others, 1.80% in Agricultural Food & other and 1.66% in Beverages.

FAQs on Franklin Asian Equity Fund - Direct (IDCW)

Franklin Asian Equity Fund - Direct (IDCW) is a popular fund in the Sectoral / Thematic segment. The fund has generated a return of 6.60% since inception. Looking to invest in Franklin Asian Equity Fund - Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Franklin Asian Equity Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Franklin Asian Equity Fund - Direct (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Franklin Asian Equity Fund - Direct (IDCW) today and reap the benefits of this Sectoral / Thematic fund!

In the short term, i.e., 1 year, Franklin Asian Equity Fund - Direct (IDCW) has generated annualised return of -0.87%. In the long-term, the fund has generated -8.82% and 3.84% in 3 and 5 years respectively. Since its inception, the fund has generated 6.60% returns.

The expense ratio of Franklin Asian Equity Fund - Direct (IDCW) Direct Growth is 1.78%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Franklin Asian Equity Fund - Direct (IDCW) is ₹222.62 (Cr) as of 23 February 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Franklin Asian Equity Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Franklin Asian Equity Fund - Direct (IDCW):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Franklin Asian Equity Fund - Direct (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Franklin Asian Equity Fund - Direct (IDCW). Minimum lumpsum investment Franklin Asian Equity Fund - Direct (IDCW) is ₹5000 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Franklin Asian Equity Fund - Direct (IDCW) is ₹12.46 as on 23 February 2024.

The 5 biggest stock holdings of Franklin Asian Equity Fund - Direct (IDCW) are:
Zomato Ltd (2.20%), Tata Consumer (1.80%), United Spirits (1.66%), Indian Hotels Co (1.60%), Oberoi Realty (1.56%)

A majority of Franklin Asian Equity Fund - Direct (IDCW) 's AUM worth ₹222.62 (Cr) is invested in these 3 top sectors:

  • Others: 84.67%
  • Retailing: 2.2%
  • Cash & Others: 2.05%

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