Monday, November 25, 2013

Fund Review - Franklin India Bluechip Fund - Celebrating 20 Years of Wealth Creation Journey

Fund Review
 Franklin India Bluechip Fund
Celebrating 20 Years of Wealth Creation Journey

A Large Cap fund managed by Mr. Anand Radhakrishnan & Anand Vasudevan - must be an integral component of every intelligent equity portfolio to boost the overall returns; its acclaimed track record makes a robust case for Superior Large Cap fund category in India since years. A class-leading fund tracking the Large Cap space with a focus on fundaments of the company and not on the market momentum. Compounded annual return of since launch in December 1st, 1993; outpacing the Bse Sensex Index by 10.02 percentage points on a compounded annualized basis.  10,000 invested in Bluechip Fund at launch would have grown to Rs. 2,20,000 as of September 30, 2013.

Fund invests in Large Cap Stocks with low turnover and not taking too many trading calls as this fund takes stocks that grow in sustainable manner with its Dynamic approach to the Portfolio.

Fund was launched on 1st December 1993, at currently having an Nav of Rs. 220 as on 30th September, 2013 for Growth Option & Rs. 32.80 for Dividend Option, Fund has delivered over 17% returns Annually since its launch in 1993. As on September 2013, fund has allocated 20.77% in Banks, 4.92% in Automobile, 15.14% in Software, 9.52 % in Pharma Sector & 8.20% in Telecom, 8.18% in Petroleum Products etc., .Fund has 8.73% exposure in Infosys, 7.76% in Bharti Airtel, 5.58% in ICICI Bank,  & 5.35% in Reliance Industries Ltd. as a stock holding as on September 2013.

As on last declaration, total Asset Under Management in Franklin India Bluechip Fund is Rs. 4834.16 Crore, fund is having a benchmark against S&P BSE Sensex Index, Fund is having Regular & Direct Plans, Having Dividend & Growth Option, Minimum Investment Required is Rs.5000 for Lump sum Investment & Subscription for SIP are Monthly – Rs. 500, Fund is having criteria of Additional Purchase of Rs.500 under the Plan.

 Exit Load under both the plans are 1% if redeemed within 12months & NIL if redeemed after 12 month completion, Plan does not charge any entry load currently.

The fund can invest from 85% - 100% in equity & equity related instruments which can include investments. This fund is suitable for investment over 3year period.

Product is categorized under BROWN Category which is known as High Risk – High Return Category.