Franklin Templeton Investments was established in 1947. The organization, since its launch, has provided services for managing assets for institutional, retail, and high-profile clients.
Apart from offering mutual funds, the firm provides several other investment options like private funds, exchange-traded funds (ETF), and accounts that are managed separately.
The company offers schemes such as fixed income, equity, multi-asset, and other alternatives.
Franklin Templeton Investments serves as a platform for trading, portfolio, and research. It also deals with investment risk management.
Presently, Franklin Templeton has branches in over thirty-four countries. It has employed over six hundred professionals and recruits more than 9500 salaried individuals.
Franklin Templeton Mutual Fund in India
The company started functioning in India in 1996 under the name Templeton Asset Management India Pvt. Ltd. The Franklin Templeton Mutual Fund is authorized by SEBI to offer its services under the registration number MF/026/96/8.
The company provided its first-ever mutual fund service in September 1996 under the name of Templeton India Growth Fund. The company has been operating twenty-one funds for ten years and various others that have exceeded the twenty-year mark.
The company bought the stakes of PIONEER ITI AMC Ltd. in 2002 to become the second-largest mutual fund after UTI.
Franklin Templeton Investments is among the few companies dealing in asset management with in-house registrars for providing efficient service management for its clients.
The organization offers loyalty programs where the customers can interact with the fund management team, and get exposure to external management development schemes, yearly leadership events for the exchange of ideas, and several elaborate engagement programs.
Templeton Asset Management India Pvt. Ltd. has committed itself to several CSR programs:
- Installation of four water purifier plants for supporting six thousand families in collaboration with the Bala Vikasa Social Service Society.
- Aiding the process of supplying five thousand rickshaws in association with the American India Foundation Trust.
- Setting up fifty camps to train two thousand youth in vocational skills in collaboration with the Kherwadi Social Welfare Association.
- Providing assistance and support to in and around 2353 girl children in Chennai in association with the K. C. Mahindra Educational Trust.
- Establishing the Abhudaya English Medium School in Mumbai in collaboration with The Akanksha Foundation.
The Statement of Additional Information (SAI) provided by SEBI states that Franklin Templeton Investments’ total income is $6,392.2 million, profit after tax of $1,696.7 million, and a gross worth of $14877.7 million in 2017.
Templeton Asset Management India Pvt. Ltd. offers approximately 197 schemes with assets under management (AuM) amounting to roughly INR 1.19 Lakh Crore as of 31st March 2017.
Important Information about Franklin Templeton Mutual Fund
Ten Top-Performing Franklin Templeton Mutual Fund Schemes
Franklin Templeton comprises almost all types of mutual funds permitted by the Securities and Exchange Board of India or SEBI. The ten most viable Franklin Templeton mutual fund schemes in India are mentioned below.
1. Franklin Asian Equity Fund (Category – Equity: International)
This open-ended fund has a NAV of 32.5721 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the ‘Equity: International’ category.
The fund was launched on 16th January 2008 and has given trailing returns of 50.57% in one year (as of 16th April 2021). The fund considers the MSCI Asia (Ex-Japan) Standard TRI as its benchmark.
Key Information
| Minimum Investment | INR 5,000 |
| Minimum Additional Investment | INR 1,000 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 1,000 |
| Exit Load | 1% for withdrawals before 365 days |
| Return Since Inception (16th January 2008): | 2.66% (as of 31st March 2021) |
| Assets | INR 261 Crore (as of 31st March 2021) |
| Expense Ratio | 2.66% (as on 31st March, 2021) |
2. Franklin Build India Fund (Category – Equity: Sectoral-Infrastructure)
This open-ended fund has a NAV of 48.7310 (Regular Growth) (as of 16th April 2021) and is one of the top-performing funds in the ‘Equity: Sectoral – Infrastructure’ category.
The fund was launched on 4th September 2009 and has given trailing returns of 63.13% in one year (as of 16th April 2021). The fund considers the S&P BSE India Infrastructure TRI as its benchmark.
Key Information
| Minimum Investment | INR 5,000 |
| Minimum Additional Investment | INR 1,000 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 1,000 |
| Exit Load | 1% for withdrawals before 365 days |
| Return Since Inception (4th September 2009): | 2.40% (as of 31st March 2021) |
| Assets | 2.40% (as on 31st March 2021) |
| Expense Ratio | INR 954 Crore (as of 31st March 2021) |
3. Franklin India Banking & PSU Debt Fund (Category – Debt: Banking and PSU)
This open-ended fund has a NAV of 17.5362 (Regular Growth) (as of 16th April 2021) and is one of the top-performing funds in the ‘Debt: Banking and PSU’ category.
The fund was launched on 25th April 2014 and has given trailing returns of 7.41% in one year (as of 16th April 2021). The fund considers the NIFTY Banking and PSU Debt TRI as its benchmark.
Key Information
| Minimum Investment | INR 5,000 |
| Minimum Additional Investment | INR 1,000 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 1,000 |
| Exit Load | Nil |
| Return Since Inception (25th April 2014): | 0.52% (as on 31st March 2021) |
| Assets | INR 971 Crore (as of 31st March 2021) |
| Expense Ratio | 0.52% (as of 31st March 2021) |
4. Franklin India Bluechip Fund (Category – Equity: Large Cap)
This open-ended fund has a NAV of 589.7367 (Regular Growth) (as of 16th April 2021), and is one of the best-performing funds in the ‘Equity: Large Cap’ category.
The fund was launched on 1st December 1993 and has given trailing returns of 59.97% in one year (as of 16th April 2021). The fund considers the NIFTY 100 TRI as its benchmark.
Key Information
| Minimum Investment | INR 5,000 |
| Minimum Additional Investment | INR 1,000 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 1,000 |
| Exit Load | 1% for withdrawals before 365 days |
| Return Since Inception (1st December 1993): | INR 5,927 Crore (as of 31st March, 2021) |
| Assets | INR 5,927 Crore (as of 31st March 2021) |
| Expense Ratio | 1.93% (as of 31st March 2021) |
5. Franklin India Corporate Debt Fund (Category – Debt: Corporate Bond)
This open-ended fund has a NAV of 77.3349 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the ‘Debt: Corporate Bond’ category.
The fund was launched on 23rd June 1997 and has given trailing returns of 8.71% in one year (as of 16th April 2021). The fund considers the NIFTY Corporate Bond TRI as its benchmark.
Key Information
| Minimum Investment | INR 10,000 |
| Minimum Additional Investment | INR 1,000 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 1,000 |
| Exit Load | Nil |
| Return Since Inception (23rd June 1997): | INR 855 Crore (as of 31st March 2021) |
| Assets | 0.89% (as of 31st March 2021) |
| Expense Ratio | 0.89% (as of 31st March, 2021) |
6. Franklin India Credit Risk Fund (Category – Credit Risk)
This open-ended fund has a NAV of 20.8784 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the ‘Debt: Credit Risk’ category.
The fund was launched on 7th December 2011 and has given trailing returns of 12.41% in one year (as of 16th April 2021). The fund considers the NIFTY Credit Risk Bond TRI as its benchmark.
Key Information
| Minimum Investment | INR 5,000 |
| Minimum Additional Investment | INR 1,000 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 1,000 |
| Exit Load | 3% for withdrawals before 365 days |
| Return Since Inception (7th December 2011): | INR 2,831 Crore (as of 31st March, 2021) |
| Assets | INR 2,831 Crore (as of 31st March 2021) |
| Expense Ratio | 0.06% (as of 31st March 2021) |
7. Franklin India Debt Hybrid Fund (Category – Hybrid: Conservative Hybrid)
This open-ended fund has a NAV of 64.1426 (Regular Growth) (as of 16th April 2021) and is one of the top-performing funds in the ‘Hybrid: Conservative Hybrid’ category.
The fund was launched on 28th September 2000 and has given trailing returns of 15.97% in one year (as of 16th April 2021). The fund considers the CRISIL Hybrid 85+15 Conservative TRI as its benchmark.
Key Information
| Minimum Investment | INR 10,000 |
| Minimum Additional Investment | INR 1,000 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 1,000 |
| Exit Load | 1% for withdrawals before 365 days |
| Return Since Inception (28th September 2000): | 2.30% (as of 31st March 2021) |
| Assets | 2.30% (as of 31st March, 2021) |
| Expense Ratio | INR 189 Crore (as of 31st March 2021) |
8. Franklin India Dynamic Accrual Fund (Category – Dynamic Bond)
This open-ended fund has a NAV of 71.2946 (Regular Growth) (as of 16th April 2021) and is one of the best-performing funds in the ‘Debt: Dynamic Bond’ category.
The fund was launched on 5th March 1997 and has given trailing returns of 7.07% in one year (as of 16th April 2021). The fund considers the CRISIL Composite Bond TRI as its benchmark.
Key Information
| Minimum Investment | INR 10,000 |
| Minimum Additional Investment | INR 1,000 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 1,000 |
| Exit Load | 3% for withdrawals before 365 days |
| Return Since Inception (5th March 1997): | 0.06% (as of 31st March 2021) |
| Assets | 0.06% (as of 31st March, 2021) |
| Expense Ratio | INR 1,599 Crore (as of 31st March 2021) |
9. Franklin India Dynamic Asset Allocation Fund of Funds (Category – Dynamic Asset Allocation)
This open-ended fund has a NAV of 87.1332 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the ‘Dynamic Asset Allocation’ category.
The fund was launched on 16th January 2008 and has given trailing returns of 18.91% in one year (as of 16th April 2021). The fund considers the CRISIL Hybrid 35+65 Aggressive TRI as its benchmark.
Key Information
| Minimum Investment | INR 5,000 |
| Minimum Additional Investment | INR 1,000 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 1,000 |
| Exit Load | 1% for withdrawals before 365 days |
| Return Since Inception (16th January 2008): | 1.74% (as of 31st March 2021) |
| Assets | 1.74% (as of 31st March, 2021) |
| Expense Ratio | INR 922 Crore (as of 31st March 2021) |
10. Franklin India Equity Advantage Fund (Category -Large and MidCap)
This open-ended fund has a NAV of 96.9132 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the ‘Equity: Large & MidCap’ category.
The fund was launched on 2nd March 2005 and has given trailing returns of 70.05% in one year (as of 16th April 2021). The fund considers the NIFTY Large Midcap 250 TRI as its benchmark.
Key Information
| Minimum Investment | INR 5,000 |
| Minimum Additional Investment | INR 1,000 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 1,000 |
| Exit Load | 1% for withdrawals before 365 days |
| Return Since Inception (2nd March 2005): | INR 2,459 Crore (as of 31st March, 2021) |
| Assets | INR 2,459 Crore (as of 31st March 2021) |
| Expense Ratio | 2.38% (as of 31st March 2021) |
How can you invest in Franklin Templeton Mutual Fund via EduFund?
Investing in Franklin Templeton Mutual Fund through Edufund is an easy, seven-step process.
Step 1: Create an online account on EduFund by downloading the EduFund App from Apple Store or Play Store
Step 2: Choose a Scheme: Look through several Franklin Templeton Mutual Fund schemes and choose the best scheme for your financial situation. You can invest in a Systematic Investment Plan (SIP) or a total sum. The inbuilt recommendation mechanism suggests the scheme that is best suited for your financial goals.
Step 3: View and Track Your Transaction(s) – Your EduFund account will reflect the amount you have laid out on a specific scheme within four working days. You can track the Mutual Fund NAV, statement, account balance, and other vital information in the app. You can buy, redeem, or switch between Franklin Templeton Mutual Fund units.
Step 4: Consult a Mutual Fund Counsellor – You can get in touch with a mutual fund consultant to discuss your targets and get personal guidance.
EduFund uses premium encryption and authentication technologies akin to a bank to safeguard your transactions and investments.
Five Best Performing Fund Managers at Franklin Templeton Mutual Fund
A Fund Manager plays a decisive role in instilling values and steering growth. The top-performing fund managers at Franklin Templeton Mutual Fund, whose stellar performance has steadily generated the best dividends, have been mentioned below.
1. Mr. Anand Vasudevan
Mr. Vasudevan earned his B.Tech from the Indian Institute of Technology, Madras, and a PGDM from IIM Calcutta. He post-graduated with a Master’s in Finance from the London Business School. Presently, he is the Senior Vice President of the Franklin Templeton Mutual Fund and heads the Equity operations in India.
He was associated as an Equity Research Analyst with the Dresdner Kleinwort Wasserstein and Bruyette and Woods, Keefe in 2001 and 2004, respectively. Then he joined Franklin Templeton.
Anand Vasudevan teamed up with Templeton Asset Management Private Limited in 2007. He has operated as the Head of Research since 2008. Currently, he is in charge of the Franklin India Flexi-cap Fund and Franklin India Bluechip Fund.
Mr. Anand Radhakrishnan
Mr. Radhakrishnan graduated with a B.Tech degree in Chemical Engineering from Anna University, Chennai. He earned a PGDM from IIM Ahmedabad. Mr. Radhakrishnan is also a certified Chartered Financial Analyst.
He has been working in the sector of Investment Management since 1994. In the initial days of his career, he was the Deputy Manager of Equity Research at SBI Mutual Funds Management.
He was associated with Sundaram Mutual Funds for eight years in a row.
Radhakrishnan is presently the Chief Investment Officer at Franklin Templeton. Before it, he was the Senior Vice President, Head of Portfolio Analytics, and the Portfolio Manager of the said organization.
Mr. Radhakrishnan handles the operations at the Franklin India Infotech Fund, Franklin India Bluechip Fund, Franklin India Taxshield, FT Dynamic PE Ratio of Funds, Franklin India Prima Plus, and FT India Life Stage Fund of Funds. He also spearheads the equity sector of all types of hybrid funds.
Ms. Roshi Jain
Ms. Roshi Jain is a Chartered Accountant and a Chartered Financial Analyst. She earned her PGDM from IIM Ahmedabad.
She inaugurated her career at SR Batliboi. She was a part of the Research Wing of the Goldman Sachs Group Inc. Hong Kong / Singapore in 2002. She relocated to the London branch of Goldman Sachs two years later.
Presently, Ms. Jain is the Assistant Vice President of the Franklin Templeton Mutual Fund. She doubles up as the Co-Portfolio Manager and Equity Research Analyst at Franklin Templeton.
She specializes in engineering, retail, power, cement, and construction in India and the ASEAN region.
Mr. Anil Prabhudas
Mr. Prabhudas is a B.Com from the University of Mumbai. He is also a certified Chartered Accountant from ICAI. In 1994, he was associated with Pioneer ITI before being roped in by Templeton Asset Management India Pvt. Ltd.
He is entrusted with the responsibility of providing research-oriented data on hotels, packaging, metals, sugar, and FMCG industries.
He has held several key positions at Franklin Templeton. He was the ex-Assistant Vice President and the Portfolio Manager at Franklin India Index Tax Fund, FT India Index Tax Shield 99, FT India Index Fund – Franklin FMCG Fund, Franklin India Index Fund, NSE Nifty Plan, and BSE Sensex Plan.
Mr. Prabhudas is presently acting as the Fund Manager of Franklin India Taxshield Fund, Franklin India Opportunities Fund, FT India Monthly Income Plan, Templeton India Pension Plan, FT India Balanced Fund, and Templeton India Children’s Asset Plan.
Mr Janakiraman Rengaraju
Mr. Rengaraju graduated from the Government College of Technology, Coimbatore, with a B.Tech degree. He also earned a PGDM from IIM Bangalore. Apart from having a B.Tech and a PGDM degree, he is a Chartered Financial Analyst too.
He was associated with UTI Securities, Mumbai previously. He was in charge of the investment corpus management while he was with the Indian Syntans Group.
Currently, Mr. Rengaraju is the Assistant Vice President, Senior Research Analyst of Equities, and the Portfolio Manager at Franklin India. He specializes in media, telecommunications, and automobiles.
He is also responsible for managing some of the mutual funds of the organization, such as the Franklin India Prima Fund and Franklin India Prima Plus.
Why should you invest in Franklin Templeton Mutual Fund?
Franklin Templeton Mutual Fund is one of the top-performing AMC in India. It has more than a hundred schemes to select from.
The AMC has a legacy of over seventy years and manages assets of over INR 1.19 Lakh Crore. It has a vast network of impaneled distributors who provide its financial services to its investors.
The fund firm has 1300 branches in total with outreach in over 32 Indian states, which offers its services to all ranks of investors.
Whatever your investment target, you can get a Franklin Templeton mutual fund scheme to achieve your financial goals.
Experienced fund managers at Franklin Templeton Mutual Fund simplify the process of investing in the stock market and secondary market for you.
Select EduFund for investing in Franklin Templeton mutual fund
EduFund simplifies the process of investing in Franklin Templeton mutual funds. Experienced consultants at EduFund offer you personalized solutions for your financial ambitions.
You can begin by investing from a meager INR 5,000 and increase your capital conveniently.
Benefits with Edufund
- Customized Research-Based Financial Plan – EduFund’s scientific fund tracker monitors over 1 lakh data points and 400 financial situations to suggest the best mutual funds.
- Customer-Friendly Counsellors Help You Create a Financial Plan – EduFund’s counselors are equipped to manage all kinds of questions from customers. They spend as much time with you as you need and solve all your queries to help you create a healthy financial plan.
- Invest Less, Earn More – Just not the best Indian mutual fund, EduFund provides you with the opportunity to invest in US Dollar ETFs and international mutual funds.
- Use Tools Free of Cost – EduFund offers several free tools for its clients, including SIP Calculator, College Savings Calculator, etc.
- No Technical Skill Needed– You need not be a pro in finance to understand which mutual fund is perfect for you. EduFund does the job for you.
- Value-Added Benefits – You may get value-added benefits like free advisory, zero commission, and zero hidden charges.
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- Special Support for Children’s Education – EduFund has a team of experts committed to helping you fulfill your children’s educational goals.
FAQs
Is Franklin Templeton a good mutual fund?
Franklin Templeton Mutual Fund is one of the top-performing AMCs in India. It has more than a hundred schemes to select from.
The fund firm has 1300 branches in total with outreach in over 32 Indian states, which offers its services to all ranks of investors.
What type of fund is Franklin Templeton?
The company provided its first-ever mutual fund service in September 1996 under the name of Templeton India Growth Fund. The company has been operating twenty-one funds for ten years and various others that have exceeded the twenty-year mark.
Franklin Templeton Investments is among the few companies dealing in asset management with in-house registrars for providing efficient service management for its clients. The organization offers loyalty programs where the customers can interact with the fund management team and get exposure to external management development schemes, yearly leadership events for the exchange of ideas, and several elaborate engagement programs.
Is Franklin Templeton a good company?
Franklin Templeton Investments serves as a platform for trading, portfolio, and research. It also deals with investment risk management.
Presently, Franklin Templeton has branches in over thirty-four countries. It has employed over six hundred professionals and recruits more than 9500 salaried individuals.
What is the name of Franklin mutual fund?
Franklin Templeton Investments was established in 1947. The organization, since its launch, has provided services for managing assets for institutional, retail, and high-profile clients.
Franklin Templeton Investments serves as a platform for trading, portfolio, and research. It also deals with investment risk management.
