FTFranklin Templeton MF

Franklin India Index Tax Fund

elssEquity - ELSS - Tax Saver FundBenchmark: NIFTY 50
NAV · 09 Sep 2011₹38.96-1.80%
AUM₹2 Cr
Expense Ratio1.50%
CAGR
Exit LoadNil
Min SIP₹500
Launched2001

Investment Objective

The scheme aims to provide returns that closely correspond to the total return of stocks as represented by S&P CNX Nifty.This would be done by investing in all the stocks comprising the S&P CNX Nifty Index in approximately the same weightage that they represent in the S&P CNX Nifty Index.

Fund Mandate

Debt0%–5%
Equity95%–100%
MMI0%–5%
Others0%–5%
Asset Allocation
Domestic Equity97.6%
Cash & Equivalents2.4%
Fund Managers
AP
Anil Prabhudas
Fund Manager
Key Information
1.50%
₹500
₹500
Nil
3 years
Inception26 Feb 2001
AMCFranklin Templeton MF
Top Holdings
1Reliance Industries *8.65%
2Infosys *7.38%
3ITC *6.89%
4ICICI Bank *6.55%
5HDFC *5.60%
6L&T *5.57%
7HDFC Bank *5.46%
8TCS *3.45%
9SBI *3.32%
10Bharti Airtel *3.22%
Sector Allocation
Other75.0%
Trailing Returns
PeriodReturns
1 Day-1.80%
Risk Metrics

Risk metrics are not available for this fund.

Fees
1.50%
Nil
3 years
₹500
₹500
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme