Franklin India Taxshield - Factsheet -June 2011

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Franklin India Taxshield - Factsheet -June 2011

Transcript of Franklin India Taxshield - Factsheet -June 2011

Page 1: Franklin India Taxshield - Factsheet -June 2011

As of June 30, 2011

INVESTMENT STYLE

The fund manager seeks steady growthby maintaining a diversified portfolio ofequities across sectors and market capranges.

TYPE OF SCHEME / INVESTMENT OBJECTIVE

An open end Equity Linked Savingsscheme with an objective to providemedium to long-term growth of capitalalong with income tax rebate.

DATE OF ALLOTMENT

April 10, 1999

FUND MANAGER

Anand Radhakrishnan & Anil Prabhudas

LATEST NAV

Growth Plan ` 212.5066Dividend Plan ` 30.8308

FUND SIZE

` 835.68 crores

TURNOVER

Portfolio Turnover 87.98%

VOLATILITY MEASURES (3 YEARS)

Standard Deviation 7.52R-squared 0.91Beta 0.75Sharpe Ratio* 0.44* Annualised. Risk-free rate assumed to be7.68% (based on average of 3 month T-Bill

Rate "during last 3 months")

EXPENSE RATIO

2.11%

MINIMUM INVESTMENT/MULTIPLES FOR NEW INVESTORS

` 500/500

ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORS

` 500/500

LOAD STRUCTURE

Entry Load NILExit Load NIL

TAX BENEFITS

Investments will qualify for tax benefitunder the Section 80C as per theincome tax act.

LOCK-IN-PERIOD

All subscriptions in FIT are subject to alock-in-period of 3 years from the dateof allotment and the unit holder cannotreedem, transfer, assign or pledge theunits during the period.

Franklin India Taxshield FIT

Sector Allocation - Total Assets

PORTFOLIO

Company Name No. of Market Value % ofshares ` Lakhs Assets

Company Name No. of Market Value % ofshares ` Lakhs Assets

AutoMahindra & Mahindra 251000 1760.26 2.11Bajaj Auto 96000 1349.66 1.62Eicher Motors 80746 1048.08 1.25Auto AncillariesBosch 25000 1721.66 2.06Amara Raja Batteries 505000 1137.77 1.36Apollo Tyres 520000 406.90 0.49BanksICICI Bank * 545018 5957.59 7.13Kotak Mahindra Bank * 580600 2788.04 3.34HDFC Bank * 100000 2502.60 2.99Indus Ind Bank 617780 1681.29 2.01CementGrasim * 135000 2826.23 3.38India Cements 1300000 923.00 1.10Orient Paper & Industries Ltd. 1550000 871.10 1.04ChemicalsPidilite 600000 990.90 1.19ConstructionSimplex Infrastructure 173610 468.66 0.56Consumer Non DurablesMarico 980000 1526.35 1.83Asian Paints 29000 922.36 1.10Ferrous MetalsSAIL 950000 1306.25 1.56Tata Steel 140000 852.18 1.02FinanceCrisil 20750 1440.44 1.72GasGAIL 363971 1606.02 1.92Gujarat State Petronet 722733 642.87 0.77Industrial Capital GoodsCrompton Greaves * 757176 1962.60 2.35Industrial ProductsCummins * 300000 2028.45 2.43Media & EntertainmentJagran Prakashan 1354083 1716.98 2.05IBN18 Broadcast 1059760 821.31 0.98DB Corp 260000 604.24 0.72

Minerals/MiningCoal India 428837 1682.76 2.01Gujarat Mineral Development Corporation 960000 1440.00 1.72Non - Ferrous MetalsHindalco 480000 868.80 1.04Hindustan Zinc 233529 318.18 0.38Petroleum ProductsReliance Industries * 481000 4317.46 5.17PharmaceuticalsCadila Healthcare 125610 1154.73 1.38IPCA Labs 300000 1025.70 1.23Dr. Reddy's 65000 996.71 1.19Sun Pharmaceutical 200000 993.60 1.19Wyeth 65000 624.13 0.75PowerPower Grid Corporation of India 1215784 1328.85 1.59Torrent Power Ltd. 340016 812.47 0.97SoftwareInfosys * 235250 6839.66 8.18TCS 89000 1050.51 1.26Wipro 185000 772.56 0.92Oracle Financial Services Software 6421 146.95 0.18Telecom - ServicesBharti Airtel * 1795000 7094.74 8.49Idea Cellular * 3350000 2671.63 3.20TransportationGE Shipping 290000 833.46 1.00UnlistedQuantum Information Services 0.15 0.00Debt Holdings Rating Market Value % of

(` in Lakhs) AssetsDr Reddy's Laboratories LAA+ 25.33 0.03Total equity holdings 76836.84 91.94Total debt holdings 25.33 0.03Other current assets 6706.68 8.03Total assets 83568.85 100.00

PORTFOLIO COMPOSITION AND PERFORMANCE

* Top 10 holdings

Fund StrategyThe equity exposure has decreased to 91.94% from 92.18% over the month. The fund exited from stocks such as Yes BankLtd. and increased exposure in stocks such as Infosys Technologies Ltd. The fund reduced exposure in stocks such asHindustan Zinc Ltd.

NAV PerformanceLast 6 Mths Last 1 Yr Last 3 Yrs* Last 5 Yrs* Since Inception*

FIT (G) -3.37% 11.75% 19.25% 15.43% 28.39%FIT (D) -3.39% 11.73% 19.24% 15.42% 28.39%S&P CNX 500 -8.46% 2.31% 12.19% 12.03% 16.56%

SIP - If you had invested `5000 every month in FIT...`60,000 over a period of 1 year `180,000 over a period of 3 years `300,000 over a period of 5 years `735,000 since inception

would have grown to would have grown to would have grown to would have grown to

FIT 61,349 252,552 438,837 3,770,4034.22% 23.35% 15.23% 24.50%

S&P CNX 500 58,409 228,967 382,161 2,292,591-4.91% 16.32% 9.63% 17.29%

Past performance may or may not be sustained in future. *Compounded and annualised. Dividends are assumed to be reinvested and bonusis adjusted. Load is not taken into consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every monthhave been considered.

www.franklintempletonindia.com Franklin Templeton Investments 16

`10000 invested at Inception in FIT & S&P CNX 500

` 212,507

` 65,147

____ FIT ____ S&P CNX 500