Franklin India Bluechip MF: Should you invest?

ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.How the fund has performed 82855335Where the fund invests 82855346Above figures pertain to daily rolling return for relevant time periods over the past decade.Note: Different benchmark (S&P BSE 100 TRI) is used due to non availability of stated benchmark data.Basic factsDate of launch: 12 January, 1993Category: EquityType: Large capAUM (As on 30 Apr 2021): Rs 5,911 croreBenchmark: NIFTY 100 Total Return IndexWhat it costsNAV (As on 18 May, 2021)Growth option: Rs 626.41IDCW: Rs 42.22Minimum investment: Rs 5,000Minimum sip amount: Rs 500Expense ratio (As on 30 Apr, 2021) (%): 1.92Exit load: 1% for redemption within 365 daysFund Managers: Roshi Jain/Anand RadhakrishnanTenure: 5 years/14 yearsTop 5 sectors in portfolio (%) 82855365Top 5 stocks in portfolio (%) 82855374Recent portfolio changesNew entrants: Cipla, Power Grid Corporation of India, SBI Life Insurance CompanyComplete exits: Cadila HealthcareAdditions: Dr. Reddy’s Laboratories, GAIL (India), Cipla, United Spirits, SBI Life Insurance CompanyHow risky is it? 82855384Should you buy?This fund has seen a change in investment style — from a traditional conservative approach to a more aggressive stance now. This shift is visible in the form of a more compact, focused portfolio with large positions in top bets. This is to allow its conviction bets a bigger role to drive alpha. This shift has been partly driven by the fund’s sustained underperformance till recently. Apart from the earlier defensive stance, the fund’s return profile had slipped owing to its contrarian approach and preference for cyclicals that remained out of favour for years. A shift in market preferences has seen the fund climb to the top of performance charts over the past year. It has a lot of catch-up left to show improvement in its longer term return profile.Source: Value Research

from Economic Times https://ift.tt/3vh5wSr