Franklin India Taxshield Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 8
BMSMONEY Rating
Gro. Opt. As On: 26-07-2024
NAV ₹1469.93(R) +1.34% ₹1626.27(D) +1.34%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 44.21% 23.4% 22.01% 15.7% 16.08%
LumpSum (D) 45.36% 24.42% 23.08% 16.75% 17.14%
SIP (R) 51.31% 31.16% 27.2% 21.65% 17.86%
SIP (D) 52.48% 32.19% 28.23% 22.63% 18.85%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.17 0.61 1.06 4.2% 0.16
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.72% -13.26% -11.97% 0.93 9.27%
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
JM Tax Gain Fund 6
ITI Long Term Equity Fund 7
Franklin India Taxshield 8

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
Franklin India TAXSHIELD - IDCW 71.53
0.9400
1.3400%
Franklin India TAXSHIELD - Direct - IDCW 82.35
1.0900
1.3400%
Franklin India Taxshield-Growth 1469.93
19.4000
1.3400%
Franklin India TAXSHIELD - Direct - Growth 1626.27
21.5000
1.3400%

Review Date: 26-07-2024

Franklin India Taxshield has shown good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 8 out of 35 funds in the category. The fund has delivered return of 44.21% in 1 year, 23.4% in 3 years, 22.01% in 5 years and 16.08% in 10 years. The category average for the same periods is 39.91%, 20.18%, 21.58% and 15.77% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 12.72, VaR of -13.26, Average Drawdown of -5.38, Semi Deviation of 9.27 and Max Drawdown of -11.97. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has low risk in the category.

Key Points:

  1. An investment of ₹10,000 in Franklin India Taxshield direct growth option would have grown to ₹14536.0 in 1 year, ₹19261.0 in 3 years and ₹28241.0 in 5 years as of today (26-07-2024).
  2. An SIP of ₹1,000 per month in Franklin India Taxshield direct growth option would have grown to ₹15180.0 in 1 year, ₹56969.0 in 3 years and ₹120279.0 in 5 years as of today (26-07-2024).
  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 .


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 4.29
3.56
1.50 | 6.29 10 | 35 Good
3M Return % 11.88
11.56
8.82 | 16.41 16 | 35 Good
6M Return % 20.37
20.14
15.39 | 27.68 13 | 35 Good
1Y Return % 44.21
39.91
24.44 | 56.46 10 | 35 Good
3Y Return % 23.40
20.18
11.54 | 28.89 6 | 33 Very Good
5Y Return % 22.01
21.58
15.49 | 35.49 14 | 32 Good
7Y Return % 15.70
15.52
11.28 | 24.66 13 | 29 Good
10Y Return % 16.08
15.77
13.22 | 24.50 8 | 22 Good
15Y Return % 16.40
15.19
12.66 | 17.44 5 | 19 Very Good
1Y SIP Return % 51.31
48.01
33.64 | 64.79 10 | 35 Good
3Y SIP Return % 31.16
28.05
20.20 | 39.75 9 | 33 Very Good
5Y SIP Return % 27.20
24.53
17.21 | 36.79 9 | 32 Good
7Y SIP Return % 21.65
20.43
14.42 | 31.24 9 | 29 Good
10Y SIP Return % 17.86
17.71
13.37 | 26.65 10 | 22 Good
15Y SIP Return % 16.79
16.38
13.80 | 21.58 7 | 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 : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 4.36 3.65 1.60 | 6.34 10 | 35
3M Return % 12.10 11.86 9.08 | 16.66 16 | 35
6M Return % 20.82 20.78 16.31 | 28.51 14 | 35
1Y Return % 45.36 41.42 26.33 | 58.34 9 | 35
3Y Return % 24.42 21.54 12.42 | 29.75 6 | 33
5Y Return % 23.08 22.94 16.48 | 37.72 14 | 32
7Y Return % 16.75 16.75 12.31 | 26.32 12 | 29
10Y Return % 17.14 16.76 14.09 | 25.77 9 | 23
1Y SIP Return % 52.48 49.61 35.65 | 65.93 10 | 35
3Y SIP Return % 32.19 29.41 21.08 | 40.65 9 | 33
5Y SIP Return % 28.23 25.87 18.11 | 38.88 9 | 32
7Y SIP Return % 22.63 21.64 15.35 | 33.13 11 | 29
10Y SIP Return % 18.85 18.69 14.35 | 28.13 9 | 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 : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.34 ₹ 10,134.00 1.34 ₹ 10,134.00
1W 1.68 ₹ 10,168.00 1.69 ₹ 10,169.00
1M 4.29 ₹ 10,429.00 4.36 ₹ 10,436.00
3M 11.88 ₹ 11,188.00 12.10 ₹ 11,210.00
6M 20.37 ₹ 12,037.00 20.82 ₹ 12,082.00
1Y 44.21 ₹ 14,421.00 45.36 ₹ 14,536.00
3Y 23.40 ₹ 18,789.00 24.42 ₹ 19,261.00
5Y 22.01 ₹ 27,044.00 23.08 ₹ 28,241.00
7Y 15.70 ₹ 27,757.00 16.75 ₹ 29,562.00
10Y 16.08 ₹ 44,412.00 17.14 ₹ 48,654.00
15Y 16.40 ₹ 97,502.00 ₹

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 51.31 ₹ 15,112.93 52.48 ₹ 15,180.11
3Y ₹ 36000 31.16 ₹ 56,193.77 32.19 ₹ 56,969.10
5Y ₹ 60000 27.20 ₹ 117,366.48 28.23 ₹ 120,279.36
7Y ₹ 84000 21.65 ₹ 181,657.22 22.63 ₹ 188,098.76
10Y ₹ 120000 17.86 ₹ 306,906.00 18.85 ₹ 323,623.56
15Y ₹ 180000 16.79 ₹ 720,749.70 ₹


Date NAV Regular Growth NAV Direct Growth
26-07-2024 1469.9289 1626.2712
25-07-2024 1450.5294 1604.7731
24-07-2024 1447.6911 1601.5978
23-07-2024 1442.3199 1595.6205
22-07-2024 1445.5777 1599.1894
19-07-2024 1440.9424 1593.9565
18-07-2024 1457.3692 1612.0922
16-07-2024 1455.6383 1610.1068
15-07-2024 1456.2026 1610.6956
12-07-2024 1449.2287 1602.8761
11-07-2024 1443.3772 1596.3691
10-07-2024 1443.9309 1596.9463
09-07-2024 1447.5479 1600.9115
08-07-2024 1441.581 1594.2773
05-07-2024 1436.366 1588.4052
04-07-2024 1434.0718 1585.8334
03-07-2024 1430.4538 1581.7978
02-07-2024 1423.4883 1574.0607
01-07-2024 1425.9394 1576.7364
28-06-2024 1416.7809 1566.5061
27-06-2024 1417.442 1567.2025
26-06-2024 1409.4713 1558.3555

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.