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Franklin India Multi Cap Fund NFO: Review, Opening Date & NAV
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Table of Contents
- Introduction
- Everything You Need To Know About Franklin India Multi Cap Fund NFO
- Franklin India Multi Cap Fund - NFO Overview
- Fund Overview
- How To Invest In The NFO After The Allotment Date?
- The Objective Of The Fund
- Peers Of Franklin India Multi Cap Fund
- Risk Factors In This Scheme
- Past Performance Of Multi Cap Funds
- Franklin India Multi Cap Fund NFO - Who Can Invest?
- Franklin India Multi Cap Fund NFO - Growth Fund Managers
- Conclusion
Introduction
If you’re already a key player or new to the world of NFOs, you've come to the correct spot to learn about the latest trends, insights, and news influencing this dynamic market. We are today at Franklin India Multi Cap Fund-NFO Blog committed to giving you insightful knowledge, Financial attributes, past performance if any, etc. on this NFO.
Everything You Need To Know About Franklin India Multi Cap Fund NFO
The Franklin India Multi Cap Fund NFO by Franklin Templeton Mutual Fund is an open-ended fund that invests in small, midsize, and large-cap stocks. The lowest investment required to join is Rs.5000 for investors and in multiple of Rs.1 thereof. The Scheme’s investments will mostly be made Equity Securities, Debt Securities, and Money Market instruments. The Scheme is suitable for such investors who seek a Long-term generation of wealth and are looking to invest in equities and equity-related securities across Large Cap, Mid Cap, and Small Cap Stocks. The Scheme has a 1% Exit Load if redeemed within a year.
To learn about the fund's asset allocation, and other financial characteristics that influence decision-making, carefully read this blog.
Franklin India Multi Cap Fund - NFO Overview
The investment period for the Scheme is set for July 08, 2024, to July 22, 2024. The Scheme is a very high-risk Scheme. There is no assurance that the Scheme's investment goal will be met. The Scheme will allocate 75–100% of its investment capital to Equity and Equity related Securities of Large Cap, Mid Cap and Small Cap (25% each) and the remaining portion will be allocated to Debt & Money Market Instruments, cash & cash equivalent (25 to 0%). Since this Scheme is a new Scheme so no past performance record is available.
Fund Overview
Start Date |
08 July 2024 |
End Date |
22 July 2024 |
Allotment Date / Subscription Date |
31 July |
VRO Rating |
- |
Expense Ratio |
NA |
Exit Load |
1% Exit Load if redeemed within 365 days. |
AUM |
63,252.74 Cr as of 30 Jun 2024. |
Lock-In |
NA |
Stamp Duty |
0.005% (From July 1st 2020) |
Benchmark |
Nifty 500 Multi Cap 50:25:25 Total Returns Index |
Min. Investment |
Rs.5000 and in multiples of Rs.1 |
Risk |
Very High |
Short-Term Capital Gains (STCG) |
For less than 1 year, 15%. |
Long-Term Capital Gains (LTCG) |
After 1 year, 10% on returns of Rs.1 lakh+ in a financial year |
How To Invest In The NFO After The Allotment Date?
If you have missed participating in the NFO and now want to invest in the same on a continuous basis, then on 31 July after the post-closure date of the NFO; you will have the option to participate and invest directly with the Mutual Fund by logging on to your demat account and search for “Franklin India Multi Cap Fund- NFO” on Nifty 500 Multi Cap 50:25:25 Total Returns Index by spending 5000 Rs. and in multiple of Rs.1 thereafter.
To open your Demat account, Click Here.
The Objective Of The Fund
The Scheme intends to invest in a portfolio of equities and equity-related securities of large cap, midcap, and small cap companies to achieve long-term financial appreciation.. Nevertheless, there can be no promise or guarantee that the Scheme's investment goal will be met.
Asset allocation (% of Net Assets) Of The Scheme's Portfolio Will Be As Follows:
Types of Instruments |
Min Allocation (% of Net Assets) |
Max Allocation (% of Net Assets) |
Equities and Equity-related Securities of Large Cap, Mid Cap, and Small Cap companies |
75 |
100 |
Large Cap |
25 |
50 |
Mid Cap |
25 |
50 |
Small Cap |
25 |
50 |
Debt & Money Market Instruments, cash & cash equivalent |
0 |
25 |
Units issued by REITs and InvITs |
0 |
10 |
Peers Of Franklin India Multi Cap Fund
Multi Cap Funds |
1Y Return |
AUM (Cr) |
Sundaram Multi Cap Fund |
44.14% |
2566.74 |
Baroda BNP Paribas Multi Cap Plan A |
49.35% |
2458.87 |
Invesco India Multi Cap |
46.51% |
3359.12 |
Nippon India Multi Cap |
53.91 % |
31963.02 |
Quant Active Fund |
54.55% |
10204.01 |
Risk Factors In This Scheme
-
Corporate performance, macroeconomic variables, governmental policy changes, general interest rate levels, and the risk related with trading volumes, liquidity, and settlement systems in the securities markets can all have an impact on the scheme's success.
-
Investments in equities and equity-related instruments may have less liquidity due to factors like prices, trading volumes, settlement times, and transfer policies. An equity investment carries an inherent risk (market risk).
-
Changes in the overall level of interest rates will have an impact on the NAV of the Scheme, to the extent that they are invested in debt and money market instruments. A decrease in interest rates is anticipated to boost the NAV of the Scheme, whilst an increase in interest rates would have the opposite effect.
-
Changes in government policy in general and changes in tax benefits applicable to Mutual Funds may impact the returns to investors in the Scheme as the Scheme would invest in a variety of fixed income instruments that involve varying degrees and kinds of risk. As a result, the risk associated with the Scheme may rise or fall based on its investment strategy. For example, Government Securities are less risky than business bonds.
Past Performance Of Multi Cap Funds
Multi Cap Funds |
NAV (Rs.) |
Annualized Return (1Y) |
Return/Risk |
LIC MF Multi Cap Fund Direct - Growth |
17.13 |
65.56% |
Performing Poorly |
Axis Multicap Fund Direct-Growth |
17.58 |
61.90 |
Performing Poorly |
Kotak Multicap Fund Direct - Growth |
19.55 |
59.99% |
Performing Poorly |
Nippon India Multi Cap Fund Direct-Growth |
319.64 |
59.88% |
Performing Poorly |
Franklin India Multi Cap Fund NFO - Who Can Invest?
This fund is ideal for you if you are looking for a Long-term generation of wealth and A fund with a focus on Large Cap, Mid Cap, and Small Cap Equities that invests mostly in Equity and Equity related Securities.
Franklin India Multi Cap Fund NFO - Growth Fund Managers
-
R. Janakiraman
-
Kiran Sebastian
-
Akhil Kalluri
-
Sandeep Manam
Conclusion
The Scheme comes under a very high-risk category and it plans to invest in Equity and Equity securities and in money market instruments. There is no guarantee that the goals of this Scheme will be achieved. The company has no previous performance record. Research well according to your objectives, and the time horizon of your investment.
Disclaimer: This NFO analysis is provided solely for informative reasons and should not be construed as investment advice. Always conduct research and talk with a financial advisor before investing.
Frequently Asked Questions
The launching date of this NFO is July 08, 2024.
The end date of this NFO is 22 July 2024.
The NFO's Fund Managers are R. Janakiraman, Kiran Sebastian, Akhil Kalluri, and Sandeep Manam.
The minimum investment for the NFO is Rs.5000 and in multiples of Rs.1.
Yes, you can apply and invest in this Scheme on continuous basis on 31 July 2024 after the closure date of the NFO by logging on to your Demat account
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TheMukulAgrawal | Posted on 26/07/2024
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M.Viruthachalam | Posted on 14/07/2024
I. am already invested inthree schemes with you. Now iwant to invest ten thousand rupees NFO. How iwill invest