Franklin India NSE Nifty 50 Index Fund Growth

• Alpha -1.15%
• Beta 0.99
• Sharpe Ratio0.65
• Std Deviation 11.15%
• Tracking Error 0.38%

The Investment Objective of the Scheme is to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with the Nifty 50 under NSENifty Plan.

The Franklin India NSE Nifty 50 Index Fund Growth has an AUM of 765.90 crores & has delivered CAGR of 9.52% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.63%. The minimum investment in Franklin India NSE Nifty 50 Index Fund Growth is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Moderate & High respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Reliance Industries & Bharti Airtel.

The major sectors where the fund is invested are Regional Banks, Oil & Gas Operations, Software & Programming & Auto & Truck Manufacturers.

Some of the similar funds are Motilal Oswal Nifty 50 Index Fund Regular Growth, Franklin India NSE Nifty 50 Index Fund Growth, ICICI Prudential Nifty Bank Index Fund Regular Growth, SBI Nifty 500 Index Fund Regular Growth, Motilal Oswal Nifty 500 Momentum 50 Index Fund Regular Growth. Franklin India NSE Nifty 50 Index Fund Growth has a sharpe ratio of 0.65 & a standard deviation of 11.15%.