Franklin India Bluechip Fund, one of India’s oldest large-cap mutual funds, is mandated to allocate at least 80% of its assets to large-cap stocks.
The fund’s Net Asset Value (NAV) is ₹1,016.5852 as of December 5, 2024, while its Assets Under Management (AUM) stood at ₹7,789 crore as of October 31, 2024.
The fund is classified as “Very High” on the riskometer and has an expense ratio of 1.84%, Value Research said.
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As of October 31, 2024, Franklin India Bluechip Fund allocated 97.05% of its portfolio to equity and 2.95% to cash and cash equivalents. The fund’s top equity holdings include ICICI Bank, Axis Bank, HDFC Bank, Reliance Industries, and Mahindra & Mahindra, reflecting its strong focus on large-cap stocks.
The fund has shown consistent performance across various timeframes. Over the past one year, it has delivered returns of 25.66%.
Its three-year and five-year returns stand at 13.07% and 16.45%, respectively.
Over seven and ten years, it has provided returns of 12.45% and 11.35%.
Investors can purchase Franklin India Bluechip Fund units directly through the Franklin Templeton Mutual Fund website or via platforms like MF Central and MF Utility.
Those who prefer offline methods can invest through mutual fund distributors or banks, which act as distributors for mutual funds.
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