Fundcard

Franklin India Taxshield Fund

Value Research Fund Rating as on Feb 28, 2017

Open-ended and Equity: Tax Planning

Risk Grade Low

Return Grade Average

NAV Rs. 478.81 as on Mar 3, 2017

Net Assets Rs. 2495.3 crore as on Jan 31, 2017

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Franklin India Taxshield Fund
Rating: Fund Performance Vs Nifty 500
Risk: Low
Return: Average

Fund
Nifty 500
(Rebased to 10,000)

History 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
NAV (Rs) 196.15 99.61 178.12 219.92 186.52 241.32 256.14 401.94 418.22 437.97 478.81
Total Return (%) 56.02 -49.22 78.81 23.47 -15.19 29.38 6.14 56.92 4.05 4.72 9.33
+/- Nifty 500 1.25 2.57 3.05 5.52 9.43 1.68 -0.62 25.53 8.11 1.71 0.64
+/- S&P BSE Sensex 8.87 3.23 -2.22 6.04 9.45 3.68 -2.84 27.03 9.08 2.77 1.05
Rank (Fund/Category) 13/26 3/29 20/32 11/37 3/36 22/37 25/37 12/73 28/70 34/78 51/82
52 Week High (Rs) 196.92 199.71 178.12 225.16 221.21 241.32 256.59 405.89 447.57 480.95 -
52 Week Low (Rs) 113.60 89.04 85.19 169.01 182.62 186.21 210.69 246.33 398.79 372.01 -
Net Assets (Rs.Cr) 628.45 373.17 745.55 881.19 786.93 905.21 966.96 1500.10 1834.68 2384.12 -
Expense Ratio (%) 2.28 2.24 2.21 2.12 2.07 2.11 2.47 2.42 2.39 2.42 -

Top Holdings Quarterly Returns (%)

Company Sector P/E YTD % Assets Q1 Q2 Q3 Q4 Year

HDFC Bank Financial 25.40 14.31 9.05 2016 -1.43 7.86 4.51 -5.75 4.72
Axis Bank Financial 26.30 13.96 6.30 2015 5.64 -0.17 -0.73 -0.61 4.05
Infosys Technology 17.20 2.02 5.02 2014 8.41 17.49 11.04 10.96 56.92
Mahindra & Mahindra Automobile 21.60 11.40 4.53 2013 -5.23 1.44 -1.89 12.52 6.14
Indusind Bank Financial 28.60 17.49 4.38 2012 14.47 -1.18 7.66 6.24 29.38
State Bank of India Financial 23.80 6.17 4.23
Yes Bank Financial 19.40 24.13 3.75 Trailing Returns (%)
Bharti Airtel Communication 21.00 16.46 3.06 Return Rank SIP
Fund Category Fund/Cat Nifty 500 Return
Tata Motors Automobile -2.39 3.04
Dr. Reddy's Lab Healthcare 41.10 -6.09 2.41 Year-to-Date 9.33 9.68 51/82 10.22 -
Hindustan Unilever FMCG 43.20 6.15 2.35 3-Month 9.02 9.65 54/82 10.78 54.99
BPCL Energy 10.50 -0.20 2.29 6-Month 1.31 2.32 51/80 2.55 19.33
NTPC Energy 12.80 -5.40 2.16 1-Year 21.09 25.93 65/80 23.76 14.28
Tech Mahindra Technology 15.00 3.13 2.14 2-Year 4.73 4.16 29/72 2.36 10.71
Grasim Industries Diversified 32.00 18.51 2.02 3-Year 23.18 21.68 23/70 16.89 12.46
Gujarat State Petronet Services 18.80 16.46 1.81 5-Year 17.66 16.30 12/35 12.57 18.07
Bajaj Auto Automobile 21.40 7.49 1.72 7-Year 14.95 12.34 3/34 8.85 16.52
Hero Motocorp Automobile 18.60 7.42 1.70 10-Year 15.02 11.71 3/27 9.54 16.06
ICICI Bank Financial 19.10 8.05 1.54 Return less than 1-year are absolute and over 1 year are annualised
Cadila Healthcare Healthcare 66.20 20.94 1.51
Petronet LNG Energy 19.80 7.14 1.47 Top 10 Sector Weights (%) Risk Analysis
Kotak Mahindra Bank Financial 47.90 12.51 1.46 Volatility Measurements
Fund Nifty 500
Power Grid Corp. Energy 13.80 4.06 1.45
Financial 33.85 32.01 Standard Deviation 14.17
Balkrishna Inds. Automobile 17.70 19.12 1.26
Gujarat Pipavav Port Services 32.00 16.78 1.23 Automobile 14.09 12.19 Sharpe Ratio 1.21
Technology 8.33 12.93 Beta 0.93
FUND STYLE Energy 7.38 13.53 R-Squared 0.88
Portfolio Characteristics Investment Style Healthcare 5.61 5.99 Alpha 9.81
Growth Blend Value
Total Stocks 54 FMCG 5.31 8.88
Large Medium Small

Avg Mkt Cap (Rs.Cr) Composition (%)

Capitalisation

68403 Services 4.17 1.64

Portfolio P/B Ratio 2.88 Communication 3.06 2.39 Equity 92.77
Portfolio P/E Ratio 21.48 Engineering 2.81 0.39 Debt 0.00
3Y Earnings Growth (%) - Chemicals 2.67 1.39 Cash 7.23
Returns as on March 3, 2017, Portfolio related data as on January 31, 2017
Best Performance Value Research Analysis Fund Objective & Strategy
YEAR 214.23%
Funds in the ELSS category usually like to shuffle their market-cap weights The scheme seeks medium to
quite a lot depending on market conditions. But this fund is determinedly long term growth of capital,
large-cap-oriented in a category crowded with multi-cap funds.
with income tax rebate. The
Consistency of returns and an ability to contain downside have helped it
retain four- to five-star ratings for much of the last eight years. The fund's scheme invests in equities
year-to-year returns don't always beat its more aggressive peers, but its and there is an exposure to
performance adds up to very handsome returns over the long term. A PSU Bonds and debentures
fund which allocates a minimum 60 per cent of its portfolio to large caps, and Money Market
QUARTER 137.13% it has pegged up this exposure even higher, to 80 per cent in the last one
instruments.
year. Mid and small caps now make up less than 20 per cent of the
portfolio, shielding the fund from any meltdown in this segment of the
market. The fund also avoids momentum stocks and sticks to bottom-up
fundamentals-based investing. Though this fund is from a growth-style
fund house, it tends to be quite valuation-conscious. It doesn't take cash
calls and remains fully invested through cycles. Outpacing the benchmark
in 12 of the last 15 years, this fund has proved more adept at containing
MONTH losses in bear markets. It tends to be rather sober in bull years and trailed
57.81%
peers in 2006-07, 2009 and 2012. The last two years, however, have
seen the fund widen its outperformance vis-a-vis the benchmark and the
category. The fund's current large-cap tilt suggests that it would be quite
well placed to handle any market correction. Go for it if you like a less
bumpy ride in choppy markets.
Portfolio Manager

Lakshmikanth Reddy
Worst Performance Since May 2016

YEAR -51.50%

R Janakiraman
Since May 2016

QUARTER -34.66%

MONTH -29.18%
Investment Information

AMC : Franklin Templeton Asset Management India Private Ltd Min Investment (Rs.) : 500
Website : www.franklintempletonindia.com Min SIP Investment (Rs.) : 500
Registrar : Franklin Templeton International Services (India) Private Limited Exit Load : Nil
Launch : April 1999
Benchmark : Nifty 500
All the graphs are rebased to 10,000 Plans (NAV) : Dividend (41.66) , Growth (478.81)

NAV Nifty 500

How to Read the Fundcard - Equity

Value Research Rating, Risk and Return

z Fund Rating The Value Research Fund Rating is a 1 to 5 star rating that is based on the returns that an equity fund has generated over the pre-
vious three and five years, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type.
z Risk Grade A five-step grading of the riskiness of a fund, based on the losses it has suffered during the past five years. This grade is relative to
other fund of the same type.
z Returns Grade A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Fund Performance Vs Index
Data on the funds performance Sample Mutual Fund
since its launch. Graph of how an investors money
Rating: Fund Performance Vs S&P CNX Nifty
z NAV (Year End) The last Risk: Low 90000
would have grown in the fund since
NAV of each year. Return: Above Average its launch. A similar graph of the
70000
z Total Return The percent- Fund
funds benchmark index is also
age returns that an investor S&P CNX Nifty
50000
given. For ease of comparison,
would have got over the (Rebased to 10,000) 30000 both have been adjusted to start at
year. 10000
10,000.
z +/- In the given year, a History 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

comparison of the funds NAV (Rs) - - - - 10.33 19.71 23.94 33.94 50.13 81.34 41.89
Total Return (%) - - - - - 90.80 21.46 41.77 47.70 62.26 -48.50
returns with that of two stock +/-S&P CNX Nifty (%) - - - - - 18.90 10.78 5.43 7.87 7.49 3.29
market indices +/-BSE 200 (%) - - - - - -3.67 5.77 7.97 8.12 1.82 7.96
Rank (Fund/Category) - - - - - 54/70 50/79 65/101 27/145 71/162 34/192
z Rank The funds perform- 52 Week High (Rs) - - - - 10.33 19.71 23.94 33.94 50.76 81.46 83.52
ance rank within its category 52 Week Low (Rs) - - - - 8.84 9.91 16.36 22.34 32.26 46.06 36.49

for the year and the total Net Assets (Rs.Cr)

Expense Ratio (%)
-
-
-
-
-
-
-
-
51.40
2.49
15.15
2.50
9.11
2.50
140.54
2.50
124.74
2.50
374.84
2.35
343.03
2.31
number of funds out of Top Holdings Quarterly Returns (%) Quarterly Returns (%)
which it has been ranked. Company Sector P/E 2008 Ret % Assets Q1 Q2 Q3 Q4 Year

z 52-Week NAV Range The Bharti Airtel Communication 18.56 -28.10 6.49 2008 -24.24 -14.18 -2.23 -18.97 -48.50 The funds returns over each quar-
highest and the lowest NAV
Reliance Industries
ONGC
Energy
Energy
11.50
8.31
-57.30
-46.00
5.42
4.50
2007
2006
-1.42
19.42
14.53
-7.25
16.01
19.39
23.88
11.70
62.26
47.70
ter of the last five years, along with
that the fund recorded dur- HDFC Bank Financial 20.67 -42.26 3.93 2005 -0.04 6.52 23.26 8.02 41.77 the entire years returns.
HDFC Financial 17.10 -48.21 3.51 2004 0.71 -13.50 15.08 21.15 21.46
ing that year Satyam Computer Services Technology 7.86 -62.12 3.16
Trailing Returns (%)
z Net Assets The total
ITC FMCG 21.00 -18.47 2.72
Axis Bank Financial 10.42 -47.82 2.70 Return Rank S&P SIP
amount of investors assets Infosys Technologies Technology 14.29 -36.79 2.64 Fund Category Fund/Cat CNX Nifty Return
United Spirits FMCG 23.26 -55.48 2.34
that the fund was managing
Year-to-Date -48.50 -55.29 34/192 -51.79 -40.18
ICICI Bank Financial 9.49 -63.62 2.26 3-Month -18.97 -22.88 41/213 -24.53 -0.86
at the end of the year. Dr. Reddy's Lab
State Bank of India
Health Care
Financial
13.61
9.39
-36.12
-45.67
2.19
2.13
6-Month -20.78 -27.09 38/209 -26.76 -33.43
Trailing Returns (%)
1-Year -48.50 -55.29 34/192 -51.79 -40.18
z Expense Ratio The per- Crompton Greaves Engineering 12.29 -65.84 2.12 2-Year -8.59 -16.06 22/158 -13.63 -24.19

centage of the average daily

Indian Oil Energy -- -46.33 1.95 3-Year 7.27 -1.39 12/134 1.42 -9.43 Performance data for various stan-
Cipla Health Care 22.87 -12.09 1.70
assets that the fund charged Sterlite Industries Metals 11.81 -74.80 1.61
5-Year
7-Year
16.27 12.91
- -
19/67
-
9.50
-
9.90
-
dard periods. All returns are in per-
as its management expens-
Reliance Communications
Jindal Steel & Power
Communication
Metals
22.87
7.07
-69.56
-70.31
1.51
1.46
10-Year - - - - - centage. Periods greater than a
Return less than 1-year are absolute and over 1 year are annualised
es during the year. Larsen & Toubro Diversified 17.65 -62.88 1.43
Top 10 Sector Weights (%) Risk Analysis year are annualised, shorter peri-
ods are not.
Zee Entertainment Services 16.01 -57.45 1.41
CESC Energy 6.21 -62.11 1.37 Fund Nifty Volatility Measurements
Tata Consultancy Services Technology 12.79 -55.87 1.36 Financial 16.24 11.90 Standard Deviation 28.32 z Fund The funds own
ING Vysya Bank Financial 8.89 -50.78 1.35 Energy 14.67 37.49
Nestle India FMCG 26.11 -3.14 1.23 Communication 8.00 11.34
Sharpe Ratio
Beta
0.21
0.88
returns.
Top Holdings Portfolio Characteristics FUND STYLE
Technology
FMCG
7.16
6.29
10.95
6.85
R-Squared 0.96 z Category The average
Investment Style
Growth Blend Value Health Care 5.00 2.74
Alpha 4.77
returns for all funds in the cate-
A detailed report on the latest Total Stocks 39
Engineering 4.01 5.26
gory.
Large Medium Small

Avg Mkt Cap (Rs.Cr) 28180 Composition (%)

Capitalisation

investment portfolio that the fund Portfolio P/B Ratio 3.03

Metals 3.07 4.43
Equity 71.37
Services 2.93 0.28
z Rank The funds rank, out of
is holding. For each company, Portfolio P/E Ratio 13.70 Diversified 1.43 2.97 Debt 18.46
3Y Earnings Growth (%) 9.80 Cash 10.17 the total number of funds in the
the sector, the P/E ratio, and the Returns as on 31st December 2008, Portfolio related data as on 30th November 2008
category
years returns are given. Also
z Index The returns of the
stated is the percentage of the
funds benchmark index.
funds investments that are
z SIP Return (Annualised)
invested in that company.
The return that an investor
would have made by investing
in the funds monthly systemat-
Portfolio Characterstics Fund Style Top 10 Sector Composition (%) ic investment plan over the
Weights (%) period.
Aggregate measures regarding A nine-cell matrix of the overall style The proportion of
the funds investments. The mar- of investment that the fund follows, The percentage of the funds holdings
ket capitalisation, P/B ratio and based on its latest portfolio. On the the equity invest- that are held in
P/E ratio are weighted averages vertical axis, the three steps denote ments of the fund each of the three
of the latest numbers of the com- the weighted average market capital- that fall under each basic types of
panies that the fund is invested isation of the funds investments. The sector of the econo- assets. Risk Analysis
in. Three Year Earnings Growth horizontal axis denotes, on a weight- my. The top 15 sec-
is the weighted average of the ed average basis, whether the com- tors for each fund A range of statistical measures that
compounded average growth in panies that the fund has invested in are given. can be used to evaluate the per-
the net profits of each company. are value stocks, growth stocks, or a formance, risk, and return of a
blend of the two. mutual fund.