{"id":1700,"date":"2018-02-26T08:57:31","date_gmt":"2018-02-26T03:27:31","guid":{"rendered":"https:\/\/www.antworksmoney.com\/blog\/?page_id=1700"},"modified":"2019-09-25T14:10:18","modified_gmt":"2019-09-25T08:40:18","slug":"franklin-india-smaller-companies-fund","status":"publish","type":"post","link":"https:\/\/www.antworksmoney.com\/blog\/franklin-india-smaller-companies-fund\/","title":{"rendered":"Franklin India Smaller Companies Fund"},"content":{"rendered":"

The Franklin India Smaller Companies Fund (FISCF) is an open ended diversified equity fund.<\/p>\n

Investment objective<\/h2>\n

The primary objective of Franklin India Smaller Companies Fund is to provide long-term capital appreciation on investments by investing in small and mid cap companies.<\/p>\n

Fund information<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Inception date<\/td>\nClose ended scheme – January 13, 2006<\/p>\n

Open ended scheme \u2013 January 14, 2011<\/td>\n<\/tr>\n

CRISIL rank<\/td>\nFISCF is ranked 2 in the mid and small cap segment<\/td>\n<\/tr>\n
Schemes<\/td>\n\n
    \n
  • Growth Plan<\/li>\n
  • Dividend Plan \u2013 Reinvestment and Payout options<\/li>\n
  • Direct Growth Plan<\/li>\n
  • Direct Dividend Plan – Reinvestment and Payout options<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Entry load<\/td>\nNil<\/td>\n<\/tr>\n
Exit load<\/td>\nThe exit load is 1% for redemptions within one year of allotment.<\/td>\n<\/tr>\n
Minimum investment<\/td>\nRs 5,000<\/td>\n<\/tr>\n
Product label \u2013 Risk and target investors<\/td>\nThis is a\u00a0high risk<\/strong>\u00a0product and is designed for investors looking for long term capital appreciation through funds which invest in small and mid cap companies.<\/td>\n<\/tr>\n
Benchmark<\/td>\nCNX Midcap<\/p>\n
    \n
  • CNX Midcap is a benchmark for the mid cap segment of the Indian market, representing 13.86% of all free float market capitalization stocks in the NSE.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
SIP<\/td>\n\n
    \n
  • Rs 500 (minimum 12 SIP investments of Rs 500 each)<\/li>\n
  • Rs 1,000 (minimum 6 SIP investments of Rs 1,000 each)<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
SWP<\/td>\nYes, SWP facility is available to unitholders who have a minimum account balance of Rs 25,000.<\/p>\n

They can opt for either a Monthly or quarterly mode.<\/td>\n<\/tr>\n

STP<\/td>\n\n

Yes.<\/p>\n

STP facility is available on a monthly or quarterly basis. All redeemed units should be reinvested in another scheme under STP.<\/p>\n<\/td>\n<\/tr>\n

Redemption<\/td>\nMinimum Redemption Amount \u2013 Rs 1,000.<\/p>\n

This amount will be sent to an unitholder within ten working days.<\/td>\n<\/tr>\n

Taxation (on investment and on redemption)<\/td>\nInvestors are advised to consult their tax advisers regarding specific tax implications related to their participation in this scheme.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Portfolio \u2013 Sector \/ Top 10 holdings<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Company<\/strong><\/td>\nSector<\/strong><\/td>\nPercentage<\/strong><\/td>\n<\/tr>\n
Finolex Cables Ltd<\/td>\nIndustrial Products<\/td>\n3.12<\/td>\n<\/tr>\n
Yes Bank Ltd<\/td>\nBanking<\/td>\n3.04<\/td>\n<\/tr>\n
Axis Bank Ltd<\/td>\nBanking<\/td>\n2.4<\/td>\n<\/tr>\n
FAG Bearings (India) Ltd<\/td>\nIndustrial Products<\/td>\n2.39<\/td>\n<\/tr>\n
Himatsingka Seide Ltd<\/td>\nTextile Products<\/td>\n2.37<\/td>\n<\/tr>\n
HDFC Bank Ltd<\/td>\nBanking<\/td>\n2.36<\/td>\n<\/tr>\n
Greaver Cotton Ltd<\/td>\nIndustrial Products<\/td>\n2.18<\/td>\n<\/tr>\n
Karur Vysya Bank Ltd<\/td>\nBanking<\/td>\n2.16<\/td>\n<\/tr>\n
Repco Home Finance Ltd<\/td>\nFinance<\/td>\n2.07<\/td>\n<\/tr>\n
Tata Motors Ltd<\/td>\nAuto<\/td>\n2.03<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Risk measures<\/h2>\n

The risk measures for various criteria over the last three years are mentioned in the table below.<\/p>\n\n\n\n\n\n\n
Annualised Sharpe Ratio<\/td>\n2.25<\/td>\n<\/tr>\n
R-squared<\/td>\n0.79<\/td>\n<\/tr>\n
Beta<\/td>\n0.76<\/td>\n<\/tr>\n
Standard Deviation<\/td>\n4.61<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Performance<\/h2>\n\n\n\n\n
AUM<\/td>\nRs 2273.17 crores (as of May 29, 2015)<\/td>\n<\/tr>\n
NAV (as of 31\/07\/2015)<\/td>\n\n

Dividend \u2013 Rs 24.78<\/p>\n

Growth \u2013 Rs 38.64<\/p>\n

Direct Dividend – Rs 25.37<\/p>\n

Direct Growth \u2013 Rs 39.46<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Returns<\/h2>\n

The returns provided by Franklin India<\/a> Smaller Companies Fund in comparison to market returns are shown in the table below.<\/p>\n\n\n\n\n\n\n
Period<\/strong><\/td>\nScheme returns<\/strong><\/td>\nS&P CNX Midcap<\/strong><\/td>\nS&P CNX Nifty<\/strong><\/td>\n<\/tr>\n
March 2014-March 2015<\/td>\n77.23%<\/td>\n50.96%<\/td>\n26.65%<\/td>\n<\/tr>\n
March 2013-March 2014<\/td>\n37.90%<\/td>\n16.36%<\/td>\n17.98%<\/td>\n<\/tr>\n
March 2012-March 2013<\/td>\n15.11%<\/td>\n-4.02%<\/td>\n7.31%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Expense Ratio<\/h2>\n

The Expense ratio of Franklin India Smaller Companies Fund is mentioned in the table below.<\/p>\n\n\n\n\n\n\n\n
Daily Net Assets<\/strong><\/td>\nExpense ratio<\/strong><\/td>\n<\/tr>\n
First 100 crores<\/td>\n2.84%<\/td>\n<\/tr>\n
Next 300 crores<\/td>\n2.59%<\/td>\n<\/tr>\n
Next 300 crores<\/td>\n2.34%<\/td>\n<\/tr>\n
Remaining Balance<\/td>\n2.09%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The Franklin India Smaller Companies Fund (FISCF) is an open ended diversified equity fund. Investment objective The primary objective of Franklin India Smaller Companies Fund is to provide long-term capital appreciation on investments by investing in small and mid cap companies. Fund information Inception date Close ended scheme – January 13, 2006 Open ended scheme … Continue reading “Franklin India Smaller Companies Fund”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1700","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\r\nFranklin India Smaller Companies Fund - Antworks Money<\/title>\r\n<meta name=\"description\" content=\"The primary objective of Franklin India Smaller Companies Fund is to provide long term capital appreciation on investments by investing...\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.antworksmoney.com\/blog\/franklin-india-smaller-companies-fund\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Franklin India Smaller Companies Fund - 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