4 days Ago By CNBCTV18
Franklin India Prima Fund, which completed 31 years of inception on December 1, 2024, has delivered decent returns over its long track record. A monthly Systematic investment Plan (SIP) of ₹10,000 invested in the fund over 31 years would have grown to over ₹23 crore, according to Value Research. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.
80% Invest Now Equity: Large Cap 0.12% Axis Nifty 100 Index Fund +38.59% Invest Now Equity: Large Cap 0.
21% Axis Nifty Next 50 Index Fund +71.83% Invest Now Equity: Large Cap 0.25% Axis Nifty 500 Index Fund -- Invest Now Equity: Flexi Cap 0.
10% Axis Nifty Midcap 50 Index Fund +46.03% Invest Now Equity: Mid Cap 0.28% This translates to annualised returns of 21.
03% and represents a total investment of ₹37.2 lakh over the period. As of November 30, 2024, the fund's Assets Under Management (AUM) stood at ₹12,441 crore.
The current Net Asset Value (NAV) is ₹2,821.7187, as of December 18, 2024, according to Value Research. For more insights and to access various investment calculators, visit CNBC TV18 Investment Calculators.
The fund's asset allocation primarily focuses on equity, with 97.83% invested in stocks and 2.17% in cash and cash equivalents.
Its portfolio includes significant holdings in companies such as The Federal Bank (3.97%), Deepak Nitrite (2.41%), Mphasis (2.
33%), Coromandel International (2.24%), and Persistent Systems (2.21%).
The fund has delivered cumulative returns of 19.92% since inception, and over the past 10 years, it has provided annualised returns of 24.14%.
The expense ratio of Franklin India Prima Fund is 1.76%. Investors should note that past performance may not indicate future results.
Investors should consider their risk tolerance, investment objectives, and consult with a financial advisor before making investment decisions. Equity investments are subject to market risks, and returns may fluctuate depending on market conditions..
