Publish Date:
Franklin Templeton Mutual Fund has launched Franklin India Multi Cap Fund
It is an open-ended investing across large cap, midcap and small cap stocks.
The Indian equity market in 2024 presents a mix of opportunities and challenges. The multi cap segment stands out for its balanced investment approach, offering a blend of stability and growth. Investors in multi cap funds can benefit from a diversified portfolio, strategic sectoral allocation, and active management, positioning them well to navigate the evolving market landscape.
The investment objective of the scheme is to generate long-term capital appreciation by investing in a portfolio of equity and equity related securities of large-cap, midcap and small cap companies. There is no assurance that the investment objective of the Scheme will be achieved. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Under normal circumstances, Franklin India Multi Cap Fund will hold an allocation of 75% to 100% in Equity and Equity related securities of large cap, midcap and small cap companies of which; 25% to 50% is in large cap, mid-cap and small cap companies each, 0% to 25% in Debt & Money Market Instruments, cash & cash equivalent and 0% to 10% in Units issued by REITs/ InvITs.
[Read: Best Multi Cap Funds for 2024 - Top Performing Multi Cap Mutual Funds in India ]
Franklin India Multi Cap Fund will invest in equity and equity related securities of large cap, mid cap and small cap companies, the scheme will endeavour to maintain a minimum exposure of 25% of its total assets in each market cap category.
The scheme will employ a bottom-up approach for stock selection within each market capitalization and endeavour to maintain sectoral diversification in the portfolio. A robust multi cap investment strategy involves careful sectoral and thematic allocation. Fund managers analyse macroeconomic trends, industry cycles, and emerging themes to identify sectors with strong growth potential.
Franklin India Multi Cap Fund is benchmarked against the Nifty 500 Multi Cap 50:25:25 TRI
Franklin India Multi Cap Fund will be managed by Mr Sankaran Naren, Ms Nitya Mishra and Ms Sharmila D’Mello for overseas investments.
Franklin India Multi Cap Fund is open for subscription from July 08, 2024 to July 22, 2024. The fund will reopen for continuous sale and repurchase on July 31, 2024.
The fund offers Direct Plan and Regular Plan. Under each plan the fund offers Growth option and Income Distribution cum Capital Withdrawal.
The minimum subscription amount is Rs 1,000/- and in multiples of Re. 1 thereafter.