Franklin India Prima Fund – Direct Growth

Equity · Mid Cap
 · ★★
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
1.03 %
Expense Ratio
★★
Rating
10,108
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 23 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 49.7% 23.4% 19.4% 19.4%
Category Average 57.9% 28.5% 24.7% -

Scheme Allocation

By Holding
By Sector
By Asset
3.48%
2.7%
2.57%
Others
86.18%
View all Holdings
Holdings Sector Instrument Asset
Federal Bank Banks Equity 3.48%
Bharat Electron Aerospace & Defence Equity 2.71%
Trent Retail Equity 2.7%
REC Ltd Finance Equity 2.57%
Cummins India Capital Goods-Non Electrical Equipment Equity 2.36%
ICICI Bank Banks Equity 2.31%
Deepak Nitrite Chemicals Equity 2.21%
Hind.Aeronautics Aerospace & Defence Equity 2.17%
Equitas Sma. Fin Banks Equity 2.16%
Persistent Sys IT - Software Equity 2.13%
Coromandel Inter Fertilizers Equity 2.03%
Tata Steel Steel Equity 2.02%
Prestige Estates Realty Equity 1.99%
Indian Hotels Co Hotels & Restaurants Equity 1.96%
Mphasis IT - Software Equity 1.94%
CG Power & Indu. Capital Goods - Electrical Equipment Equity 1.94%
Ipca Labs. Pharmaceuticals Equity 1.83%
J K Cements Cement Equity 1.79%
HDFC Bank Banks Equity 1.75%
Max Healthcare Healthcare Equity 1.75%
Max Financial Finance Equity 1.7%
Crompton Gr. Con Consumer Durables Equity 1.69%
NHPC Ltd Power Generation & Distribution Equity 1.68%
Sundram Fasten. Auto Ancillaries Equity 1.67%
Oberoi Realty Realty Equity 1.6%
Voltas Consumer Durables Equity 1.58%
Emami FMCG Equity 1.56%
Phoenix Mills Realty Equity 1.56%
PB Fintech. IT - Software Equity 1.56%
Coforge IT - Software Equity 1.51%
M & M Fin. Serv. Finance Equity 1.48%
Alkem Lab Pharmaceuticals Equity 1.47%
ACC Cement Equity 1.41%
Abbott India Pharmaceuticals Equity 1.4%
Dixon Technolog. Consumer Durables Equity 1.4%
IndusInd Bank Banks Equity 1.35%
Page Industries Readymade Garments/ Apparells Equity 1.31%
Kalyan Jewellers Diamond, Gems and Jewellery Equity 1.3%
The Ramco Cement Cement Equity 1.28%
P I Industries Agro Chemicals Equity 1.24%
Colgate-Palmoliv FMCG Equity 1.21%
City Union Bank Banks Equity 1.2%
United Breweries Alcoholic Beverages Equity 1.17%
Guj.St.Petronet Gas Distribution Equity 1.17%
Ajanta Pharma Pharmaceuticals Equity 1.16%
Motherson Wiring Auto Ancillaries Equity 1.14%
Escorts Kubota Automobile Equity 1.1%
Endurance Tech. Auto Ancillaries Equity 1.08%
Container Corpn. Logistics Equity 1.08%
Tube Investments Auto Ancillaries Equity 1.08%
SKF India Bearings Equity 1.07%
Karur Vysya Bank Banks Equity 1.02%
Laurus Labs Pharmaceuticals Equity 0.94%
Apollo Tyres Tyres Equity 0.86%
L&T Fin.Holdings Finance Equity 0.85%
APL Apollo Tubes Steel Equity 0.84%
Jubilant Food. Quick Service Restaurant Equity 0.82%
Kajaria Ceramics Ceramic Products Equity 0.79%
Devyani Intl. Quick Service Restaurant Equity 0.78%
H P C L Refineries Equity 0.71%
Indraprastha Gas Gas Distribution Equity 0.56%
Whirlpool India Consumer Durables Equity 0.51%
K P R Mill Ltd Readymade Garments/ Apparells Equity 0.49%
Bharat Forge Castings, Forgings & Fastners Equity 0.48%
Praj Industries Capital Goods-Non Electrical Equipment Equity 0.4%
EPL Ltd Packaging Equity 0.36%
Bosch Auto Ancillaries Equity 0.28%
Exide Inds. Auto Ancillaries Equity 0.21%
Chemplast Sanmar Chemicals Equity 0.18%
Nuvoco Vistas Cement Equity 0.15%
Uno Minda Auto Ancillaries Equity 0.08%
Numero Uno Intl - Equity 0%
Banks
13.14%
Consumer Durables
7.1%
Auto Components
6.89%
Pharmaceuticals & Biotech
6.83%
IT-Software
6.06%
Others
59.97%
View all Sectors
Sectors Asset
Banks 13.14%
Consumer Durables 7.1%
Auto Components 6.89%
Pharmaceuticals & Biotech 6.83%
IT-Software 6.06%
Cement & Cement Products 5.01%
Industrial Products 4.99%
Finance 4.88%
Realty 4.79%
Aerospace & Defense 4.74%
Leisure Services 3.56%
Fertilisers & Agrochemica 3.19%
Cash & Others 2.93%
Personal Products 2.8%
Retailing 2.68%
Chemicals & Petrochemical 2.47%
Ferrous Metals 1.81%
Gas 1.76%
Textiles & Apparels 1.75%
Power 1.64%
Insurance 1.64%
Financial Technology (Fin 1.61%
Healthcare Services 1.58%
Electrical Equipments 1.58%
Transport Services 1.19%
Beverages 1.14%
Agricultural, Commercial 1.12%
Petroleum Products 0.75%
Industrial Manufacturing 0.37%
Equity
97.34%
Net Curr Ass/Net Receivables
2.66%

Advance Ratio

-3.28
Alpha
3.94
SD
0.89
Beta
0.99
Sharpe

Exit Load

Exit Load 1% - If the Units are redeemed / switched out within one year of allotment. (Effect from 24-08-2009)

Fund Objective

The Franklin India Prima Fund is an open-ended Mid Cap equity mutual fund scheme from the house of Franklin Templeton Mutual Fund. This fund, having been launched on October 30, 1993, has been in existence for around 29 years and three months. Franklin India Prima Fund-Growth has ₹7,602 Crores worth of assets under management in it as of 31/12/2022.

It is a medium-sized fund of its category being managed by Mr.Akhil Kalluri. The fund has the majority of its capital invested in the Automobile, Financial, Services, Fixed Capital, and Healthcare sectors.

Pros and Cons

Pros

Cons

The fund has delivered average annual returns of 18.6% since its inception. The scheme’s record of ability to consistently deliver returns is lower than most other funds of its category.
The fund can protect the stream of returns very well during down-times. Its ability to manage losses in a falling market situation is below average.
  It has a very high expense ratio.

 

How to Invest in Franklin India Prima Fund?

The Franklin India Prima Fund has its benchmark set as NIFTY 500, against which its yearly performance is to be measured and evaluated accordingly while investing.
Interested investors are, thus, suggested to take due note of its allocations before investing. They should check whether such an asset-holding scheme would serve their interests or not: or whether it is in tandem with their selective preferences.

Investing in this fund is otherwise very easy and trouble-free, with both SIP and lump sum payment amounts available to the investor as options.

What is the Expense Ratio?

As one can see, this ratio is high, meaning that the investor has to pay more to the fund’s firm if he chooses to opt for their services.

Who should invest in Franklin India Prima Fund?

Franklin Prima Fund is best suitable for investors who prefer a fund that has the potential to deliver high capital appreciation over a long time period. These investors should be able to hold their money in their invested places for a long period of time without hassles.
Investors having an aggressive profile of risks find Franklin Prima Fund as their top choice since it maintains a high focus on mid-cap and small-cap segments; thereby, losses due to market fluctuations are better controlled.
The fund conveniently offers both Systematic Investment Plan as well as a mode to invest in mutual funds online. Investors who don’t wish to go into too much pesky paperwork will find this fund very relieving.

Benefits

● Franklin India Prima Fund-Growth, returns of the last one year, is 1.12%. Since launch, it has delivered 18.72% average annual returns. The fund has doubled the money invested in it every 3 yrs. Obviously, it is a premium choice for making profitable investments.
● The fund’s top 5 holdings are in large and powerful companies like Federal Bank Ltd., ICICI Bank Ltd., Crompton Greaves Consumer Electricals Ltd., Apollo Tyres Ltd., Deepak Nitrite Ltd, etc. Since these companies are great market performers, it brings assurance to investors that their money won’t go to waste.
● Due to its growth-oriented strategy resulting in procurements of high capital returns to the investors, Franklin Prima Fund successfully secured the second rank in the ‘Small & Mid-Cap’ category of mutual funds by CRISIL for the quarter-end in June 2016.
● The fund has yielded commendable returns, which reached up to 44.7% and 77.1% for the year 2012 to 2016. Moreover, the annualized returns of Franklin India Prima Fund are 36% and 26.2% for the period of three and five-year, respectively.
● The sectors it has curatively held assets under are all among the top-growing presence of the Indian share market, and hence, yielding greater returns is guaranteed. It also makes sure that it would provide the anticipated returns to the investors even during downside risks.

 

Fund Managers

R Janakiraman

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Address:
Tower 2, 12th and 13h Floor, Senapati Bapat Marg, Elphinstone Road(West), Mumbai-400013
Contact:
022-67519100
Email ID:
service@franklintempleton.com

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Frequently Asked Questions

How to invest in Franklin India Prima Fund – Direct Growth ?

You can invest in Franklin India Prima Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Franklin India Prima Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Franklin India Prima Fund – Direct Growth ?

The NAV of Franklin India Prima Fund – Direct Growth is ₹2,491.2 as of 23 April 2024.

How to redeem Franklin India Prima Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Franklin India Prima Fund – Direct Growth?

The minimum SIP amount of Franklin India Prima Fund – Direct Growth is ₹500

What are the top sectors Franklin India Prima Fund – Direct Growth has invested in?

The top sectors Franklin India Prima Fund – Direct Growth has invested in are
  1. Banks - 13.14%
  2. Consumer Durables - 7.1%
  3. Auto Components - 6.89%
  4. Pharmaceuticals & Biotech - 6.83%
  5. IT-Software - 6.06%

Can I make investments in both the SIP and Lump Sum schemes of Franklin India Prima Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Franklin India Prima Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Franklin India Prima Fund – Direct Growth generated ?

The Franklin India Prima Fund – Direct Growth has delivered 19.4% since inception

What is the expense ratio of Franklin India Prima Fund – Direct Growth ?

The expense ratio of Franklin India Prima Fund – Direct Growth is 1.03 % as of 23 April 2024.

What is the AUM of Franklin India Prima Fund – Direct Growth?

The AUM of Franklin India Prima Fund – Direct Growth is ₹66,920 Cr as of 23 April 2024

What are the top stock holdings of Franklin India Prima Fund – Direct Growth?

The top stock holdings of Franklin India Prima Fund – Direct Growth are
  1. Federal Bank - 3.48%
  2. Bharat Electron - 2.71%
  3. Trent - 2.7%
  4. REC Ltd - 2.57%
  5. Cummins India - 2.36%

How can I redeem my investments in Franklin India Prima Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Franklin India Prima Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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