Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Franklin India ELSS Tax Saver Fund - Direct - Growth
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 64/100 · Average
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)10.09%
- Expense ratio (20%)1.17%
- AUM (15%)₹6,223 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Franklin Templeton Mutual Fund · Equity · ELSS
₹1,580.91
AUM: ₹6,222 Cr
NAV updated 15 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
1.17%
Exit Load
Nil
Fund Manager
R Janakiraman, Lakshmikanth Reddy
Inception
Jan 2013
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
-0.64
Std Dev (1Y)
13.44%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-3.29%
3m
+3.85%
6m
+2.25%
1y
-3.6%
3y
+10.09%
5y
+11.97%
10y
+12.42%
since inception
+14.67%
TopFund's Take on Franklin India ELSS Tax Saver Fund - Direct - Growth
Franklin India ELSS Tax Saver Fund - Direct - Growth sits in the middle of the pack for ELSS funds, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 64/100.
Cost: At 1.17%, the expense ratio runs 10% above the ELSS category average of 1.06%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.64 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 13.44% is fairly typical for ELSS funds.
Who should invest: This fund is best suited to investors looking to claim the ₹1.5 lakh Section 80C tax deduction, who are comfortable with the mandatory 3-year lock-in. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Franklin India ELSS Tax Saver Fund - Direct - Growth
The current NAV (Net Asset Value) of Franklin India ELSS Tax Saver Fund - Direct - Growth is ₹1580.91. NAV is updated every business day after market close by AMFI.
1Y: -3.6% · 3Y CAGR: 10.09% · 5Y CAGR: 11.97%
The expense ratio of Franklin India ELSS Tax Saver Fund - Direct - Growth is 1.17% per annum. This is the annual fee charged by the fund to manage your investment.
Franklin India ELSS Tax Saver Fund - Direct - Growth is managed by R Janakiraman, Lakshmikanth Reddy at Franklin Templeton Mutual Fund.
Franklin India ELSS Tax Saver Fund - Direct - Growth is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Franklin India ELSS Tax Saver Fund - Direct - Growth is a ELSS fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Franklin India ELSS Tax Saver Fund - Direct - Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Franklin India ELSS Tax Saver Fund - Direct - Growth is ₹6,223 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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