Invest in Franklin India Smaller Companies Fund To Leap High


28 Jul

Franklin India Mutual Fund has brought for investors a number of schemes to fulfill different goals such as child’s education, retirement, holiday, cash management, dream home, wealth creation, tax planning, etc. Among many great schemes, it launched Franklin India Smaller Companies Fund Growth on January 13th, 2006, which is a stepping stone to fulfilling long-term dream. It focuses on helping investors earn capital appreciation by investing in small cap companies with high growth rate which are most likely to transform in future market leaders.

Fund Manager

This fund is jointly managed by three fund managers who are Mr. Hari Shyamsunder, Mr. R. Janakiraman, and Mr. Srikesh Nair.

Mr. Hari Shyamsunder has been managing this fund since May 2016. He is a Mechanical Engineer from NIT and holds a Post Graduate Diploma in Management from IIM-B. He was working with BG India Pvt. Ltd. before joining Franklin Templeton Mutual Fund.

Mr. R. Janakiraman is an engineer who holds a Post Graduate Diploma in Business Management. He has been managing this fund since February 2008. He has worked with companies such as Syntans Inv. Pvt. Ltd., UTI Securities Exchange Ltd., and Citicorp Information Tech. Ltd. before joining L&T Mutual Fund.

Mr. Srikesh Nair has been managing this fund since May 2016. He is a B.S. Marine Engineer from BITS Pilani and holds a PGDM from Management Development Institute, Gurgaon.

Fund Facts

The minimum investment amount with which a new investor may start investing in this scheme is Rs. 5000 and the additional investment amount for existing investors is Rs. 1000. If you wish to invest in franklin india smaller companies growth fund, then you need not worry about the exit load as it is nil. If an investor redeems within 365 days of investment from the date of allotment, then he becomes liable to pay 1% as exit load. Investors should note that the principal amount invested by them will be under moderately high risk.

The assets under management as on June 30th, 2018 was Rs. 7114 crores. It has invested 93.03% in equity out of which investment made in giant-cap, large-cap, mid-cap, small-cap, and tiny-cap is 10.95%, 1.26%, 37.19%, 50.58%, and 0.01%, respectively. The top ten companies in which it has invested majorly are Finolex Cables, Vardhman Textiles, HDFC Bank, Repco Home Finance Ltd., eClerx Services, Infosys, Cyient, Nesco, Karur Vysya Bank, and Dr. Lal Pathlabs with the investment percentage of assets allocation in them being 3.31%, 2.84%, 2.66%, 2.59%, 2.38%, 2.28%, 2.10%, 2.05%, 2.01%, and 1.99%, respectively as on June 30th, 2018. In comparison to its benchmark, it has invested more in sectors such as Financial, Energy, Metals, and Cons Durable and less in sectors such as Construction, Chemicals, Services, FMCG, Engineering, etc.

To invest in this scheme, simply log on to MySIPonline, to invest in an environmental friendly way with paperless transactions. In case of any doubt or question that might have aroused in your mind, consult a financial expert.

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