Franklin India Taxshield Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 6
BMSMONEY Rating
Gro. Opt. As On: 19-06-2024
NAV ₹1386.35(R) +0.04% ₹1532.55(D) +0.04%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 44.46% 21.58% 19.46% 15.27% 15.85%
LumpSum (D) 45.64% 22.59% 20.5% 16.32% 16.91%
SIP (R) 27.49% 26.51% 25.91% 20.15% 16.91%
SIP (D) 28.58% 27.54% 26.96% 21.13% 17.89%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.0 0.52 0.97 3.73% 0.14
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.82% -13.26% -11.97% 0.93 9.17%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
Franklin India Taxshield 6
Parag Parikh Tax Saver Fund 7
ITI Long Term Equity Fund 8

NAV Date: 19-06-2024

Scheme Name NAV Rupee Change Percent Change
Franklin India TAXSHIELD - IDCW 67.46
0.0300
0.0400%
Franklin India TAXSHIELD - Direct - IDCW 77.61
0.0300
0.0400%
Franklin India Taxshield-Growth 1386.35
0.5200
0.0400%
Franklin India TAXSHIELD - Direct - Growth 1532.55
0.6100
0.0400%

Review Date: 19-06-2024

Franklin India Taxshield has exhibited good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 8 out of 35 funds in the category. The reason for current ranking are good return performance, moderate risk, and very good risk adjusted return performance.
We use a composite performance score in our ranking process that considers factors like the fund's returns, risk, and risk-adjusted performance over a period of three years. This composite performance score subsequently guides the ranking of funds within a category.

Key Points:

  1. An investment of ₹10,000 in Franklin India Taxshield direct growth option would have grown to ₹14564.0 in 1 year, ₹18422.0 in 3 years and ₹25406.0 in 5 years as of today (19-06-2024).
  2. An SIP of ₹1,000 per month in Franklin India Taxshield direct growth option would have grown to ₹13787.0 in 1 year, ₹53548.0 in 3 years and ₹116741.0 in 5 years as of today (19-06-2024).
  3. standard deviation of 12.72 and based on VaR one can expect to lose more than -13.26% of current value of fund in one year.
  4. Sharpe ratio of the fund is 1.17 which shows very good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.92, Beta of 0.93 and Jensen's Alpha of 4.2% which exhibit good performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
3M Return % 11.60
13.27
7.60 | 21.26 25 | 35 Average
6M Return % 19.82
20.27
12.58 | 31.26 17 | 35 Good
1Y Return % 44.46
39.51
23.55 | 58.99 9 | 35 Very Good
3Y Return % 21.58
19.59
11.15 | 28.00 8 | 33 Very Good
5Y Return % 19.46
19.11
13.04 | 33.51 13 | 31 Good
7Y Return % 15.27
15.20
11.12 | 24.49 13 | 29 Good
10Y Return % 15.85
15.65
12.98 | 24.94 9 | 22 Good
15Y Return % 16.51
15.43
12.78 | 17.57 6 | 19 Good
1Y SIP Return % 27.49
26.37
12.13 | 48.39 13 | 35 Good
3Y SIP Return % 26.51
24.19
16.39 | 36.21 10 | 33 Good
5Y SIP Return % 25.91
23.81
16.53 | 37.68 9 | 31 Good
7Y SIP Return % 20.15
19.28
13.03 | 30.80 10 | 29 Good
10Y SIP Return % 16.91
16.95
12.53 | 26.35 10 | 22 Good
15Y SIP Return % 16.36
16.01
13.45 | 21.48 9 | 20 Good
Standard Deviation 12.72
12.71
9.99 | 16.36 18 | 33 Good
Semi Deviation 9.27
9.01
7.16 | 11.67 24 | 33 Average
Max Drawdown % -11.97
-12.33
-22.81 | -6.28 19 | 33 Average
VaR 1 Y % -13.26
-14.08
-20.17 | -11.38 12 | 33 Good
Average Drawdown % -5.38
-5.57
-11.96 | -2.58 15 | 33 Good
Sharpe Ratio 1.17
0.95
0.28 | 1.59 7 | 33 Very Good
Sterling Ratio 1.06
0.93
0.36 | 1.67 7 | 33 Very Good
Sortino Ratio 0.61
0.51
0.17 | 0.91 8 | 33 Very Good
Jensen Alpha % 4.20
2.63
-8.40 | 13.97 13 | 33 Good
Treynor Ratio 0.16
0.14
0.04 | 0.23 9 | 33 Very Good
Modigliani Square Measure % 24.01
20.91
10.22 | 30.40 6 | 33 Very Good
Alpha % 2.77
0.58
-7.65 | 12.32 8 | 33 Very Good
Return data last Updated On : June 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
3M Return % 11.81 13.58 7.89 | 21.61 26 | 35
6M Return % 20.27 20.92 12.90 | 31.71 17 | 35
1Y Return % 45.64 41.02 25.41 | 60.66 9 | 35
3Y Return % 22.59 20.95 12.04 | 29.01 10 | 33
5Y Return % 20.50 20.44 14.01 | 35.74 13 | 31
7Y Return % 16.32 16.43 11.94 | 26.13 13 | 29
10Y Return % 16.91 16.63 13.83 | 26.21 9 | 23
1Y SIP Return % 28.58 27.85 13.19 | 50.30 15 | 35
3Y SIP Return % 27.54 25.56 17.27 | 37.10 10 | 33
5Y SIP Return % 26.96 25.18 17.47 | 39.87 10 | 31
7Y SIP Return % 21.13 20.49 13.96 | 32.68 11 | 29
10Y SIP Return % 17.89 17.94 13.51 | 27.83 10 | 23
Standard Deviation 12.72 12.71 9.99 | 16.36 18 | 33
Semi Deviation 9.27 9.01 7.16 | 11.67 24 | 33
Max Drawdown % -11.97 -12.33 -22.81 | -6.28 19 | 33
VaR 1 Y % -13.26 -14.08 -20.17 | -11.38 12 | 33
Average Drawdown % -5.38 -5.57 -11.96 | -2.58 15 | 33
Sharpe Ratio 1.17 0.95 0.28 | 1.59 7 | 33
Sterling Ratio 1.06 0.93 0.36 | 1.67 7 | 33
Sortino Ratio 0.61 0.51 0.17 | 0.91 8 | 33
Jensen Alpha % 4.20 2.63 -8.40 | 13.97 13 | 33
Treynor Ratio 0.16 0.14 0.04 | 0.23 9 | 33
Modigliani Square Measure % 24.01 20.91 10.22 | 30.40 6 | 33
Alpha % 2.77 0.58 -7.65 | 12.32 8 | 33
Return data last Updated On : June 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.04 ₹ 10004.0 0.04 ₹ 10004.0
1W 0.95 ₹ 10095.0 0.97 ₹ 10097.0
1M - ₹ - - ₹ -
3M 11.6 ₹ 11160.0 11.81 ₹ 11181.0
6M 19.82 ₹ 11982.0 20.27 ₹ 12027.0
1Y 44.46 ₹ 14446.0 45.64 ₹ 14564.0
3Y 21.58 ₹ 17970.0 22.59 ₹ 18422.0
5Y 19.46 ₹ 24324.0 20.5 ₹ 25406.0
7Y 15.27 ₹ 27039.0 16.32 ₹ 28805.0
10Y 15.85 ₹ 43563.0 16.91 ₹ 47713.0
15Y 16.51 ₹ 98943.0 - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 27.4895 ₹ 13721.076 28.5779 ₹ 13786.824
3Y ₹ 36000 26.5075 ₹ 52806.456 27.5374 ₹ 53547.732
5Y ₹ 60000 25.9107 ₹ 113849.1 26.9606 ₹ 116740.92
7Y ₹ 84000 20.1487 ₹ 172284.924 21.1268 ₹ 178381.56
10Y ₹ 120000 16.9074 ₹ 291568.4399999999 17.8926 ₹ 307472.04
15Y ₹ 180000 16.3591 ₹ 694446.12 - ₹ -


Date NAV Regular Growth NAV Direct Growth
19-06-2024 1386.3458 1532.5498
18-06-2024 1385.8218 1531.9366
14-06-2024 1380.0188 1525.3867
13-06-2024 1373.2348 1517.8545
12-06-2024 1369.8006 1514.0251
11-06-2024 1367.4777 1511.4243
10-06-2024 1362.6134 1506.0146
07-06-2024 1359.5891 1502.5722
06-06-2024 1337.4056 1478.0231
05-06-2024 1321.291 1460.1818
04-06-2024 1277.3208 1411.5584
03-06-2024 1364.0405 1507.3583
31-05-2024 1321.6696 1460.4386
30-05-2024 1317.7371 1456.0611
29-05-2024 1326.0224 1465.1836
28-05-2024 1335.359 1475.4674
27-05-2024 1341.765 1482.5127
24-05-2024 1342.3464 1483.0569
23-05-2024 1339.7085 1480.1099
22-05-2024 1325.2471 1464.1007
21-05-2024 1323.2815 1461.8969

Fund Launch Date: 10/Apr/1994
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: The primary objective for Franklin India Taxshield is to provide medium to long term growth of capital along with income tax rebate.
Fund Description: An Open-End Equity Linked Savings Scheme
Fund Benchmark: Nifty 500
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.