Morningstar Fund Report  | 17/04/2025Print

Franklin India Fund W(acc)GBP

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Franklin India Fund W(acc)GBP
Fund27.9-0.321.317.8-9.2
+/-Cat0.70.05.72.8-0.6
+/-B’mrk0.4-4.56.26.1-3.4
 
Category: India Equity
Category Benchmark: Morningstar India TME NR USD
Key Stats
NAV
16/04/2025		 GBP 43.22
Day Change -0.30%
Morningstar Category™ India Equity
IA (formerly IMA) Sector India/Indian Subcontinent
ISIN LU0768358961
Fund Size (Mil)
31/03/2025		 USD 3202.46
Share Class Size (Mil)
16/04/2025		 GBP 86.36
Max Initial Charge -
Ongoing Charge
12/02/2025		  1.00%
Morningstar Research
Analyst Report06/11/2024
Ramanand Kothari, Senior Analyst
Morningstar, Inc

Franklin India continues to benefit from a veteran lead manager sourcing ideas from a sizeable onshore investment team. The strategy’s clean W(acc) GBP share class retains a Morningstar Analyst Rating of Bronze, while the other share classes...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process23
Performance
Price
Investment Objective: Franklin India Fund W(acc)GBP
The Fund’s investment objective is capital appreciation.
Returns
Trailing Returns (GBP)16/04/2025
YTD-11.29
3 Years Annualised8.99
5 Years Annualised18.70
10 Years Annualised8.84
12 Month Yield 0.00
Management
Manager Name
Start Date
Sukumar Rajah
01/08/2013
Inception Date
31/05/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI India NR USDMorningstar India TME NR USD
Portfolio Profile for  Franklin India Fund W(acc)GBP31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.460.0097.46
Bond0.000.000.00
Property0.000.000.00
Cash2.250.002.25
Other0.290.000.29
Top 5 Regions%
Asia - Emerging97.51
United States2.49
Canada0.00
Latin America0.00
United Kingdom0.00
Top 5 Sectors%
Financial Services28.12
Consumer Cyclical21.92
Technology13.05
Healthcare10.52
Consumer Defensive6.71
Top 5 HoldingsSector%
HDFC Bank Ltd ADRFinancial ServicesFinancial Services8.75
ICICI Bank LtdFinancial ServicesFinancial Services5.35
Infosys Ltd ADRTechnologyTechnology4.75
Reliance Industries LtdEnergyEnergy4.48
Eternal LtdConsumer CyclicalConsumer Cyclical3.75
Increase Decrease New since last portfolio
Franklin India Fund W(acc)GBP
Growth Of 1000 (GBP) 31/03/2025
Fund:  Franklin India Fund W(acc)GBP
Category:  India Equity
Category Index:  Morningstar India TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-9.784.2610.2727.95-0.2621.2517.79-9.15
+/- Category-2.563.120.320.660.035.752.75-0.59
+/- Category Index---0.39-4.526.206.08-3.43
% Rank in Category7327463954142962
Trailing Returns (GBP)16/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.30   -2.28-0.80
1 Week-1.50   -1.70-3.59
1 Month2.66   -1.37-1.48
3 Months-9.07   -0.22-1.57
6 Months-11.56   0.861.21
YTD-11.29   -0.15-2.94
1 Year-2.75   0.822.45
3 Years Annualised8.99   2.662.86
5 Years Annualised18.70   1.760.32
10 Years Annualised8.84   0.80-0.50
 
Category: India Equity
Category Index: Morningstar India TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-9.15---
20247.117.450.761.58
2023-3.178.818.496.08
2022-3.10-5.8515.54-5.38
20215.096.1615.43-0.64
2020-26.5718.488.1617.19
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAverage4 star
5-YearAbove AverageBelow Average4 star
10-YearAbove AverageAverage4 star
Overall*Above AverageAverage4 star
 
Category :  India EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.71 %
3-Yr Mean Return10.98 %
 
3-Yr Sharpe Ratio0.51
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar India TME NR USD  Morningstar India TME NR USD
3-Yr Beta0.830.83
3-Yr Alpha2.542.54
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 25146-
Market Capitalisation% of Equity
Giant43.54
Large43.83
Medium12.63
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings22.531.24
Price/Book2.271.10
Price/Sales3.021.15
Price/Cash Flow8.400.70
Dividend-Yield Factor0.900.75
 
Long-Term Projected Earnings Growth13.900.65
Historical Earnings Growth21.030.99
Sales Growth15.291.12
Cash-Flow Growth16.822.45
Book-Value Growth19.020.96
 
Category: India Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.460.0097.46
Bond0.000.000.00
Property0.000.000.00
Cash2.250.002.25
Other0.290.000.29
World Regions31/03/2025
 % of EquityRelative to Category
United States2.494.25
Canada0.00-
Latin America0.00-
United Kingdom0.00-
Eurozone0.00-
Europe - ex Euro0.00-
Europe - Emerging0.00-
Africa0.00-
Middle East0.00-
Japan0.00-
Australasia0.00-
Asia - Developed0.00-
Asia - Emerging97.510.98
 
Category: India Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials2.840.50
Consumer CyclicalConsumer Cyclical21.921.46
Financial ServicesFinancial Services28.120.98
Real EstateReal Estate4.791.78
Consumer DefensiveConsumer Defensive6.711.05
HealthcareHealthcare10.521.19
UtilitiesUtilities1.761.00
Communication ServicesCommunication Services0.870.21
EnergyEnergy4.600.93
IndustrialsIndustrials4.810.47
TechnologyTechnology13.051.14
 
Category: India Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings55
Total Number of Bond Holdings0
Assets in Top 10 Holdings40.21
NameSectorCountry% of Assets
HDFC Bank Ltd ADR103India8.75
ICICI Bank Ltd103India5.35
Infosys Ltd ADR311India4.75
Reliance Industries Ltd309India4.48
Eternal Ltd102India3.75
Mahindra & Mahindra Ltd102India2.87
Tata Consultancy Services Ltd311India2.66
Oberoi Realty Ltd104India2.61
United Spirits Ltd205India2.56
Cognizant Technology Solutions Corp C... 311United States2.42
 
Increase Decrease New since last portfolio
Category: India Equity
 
Management
Name of CompanyFranklin Templeton International Services S.à r.l.
Phone+352 46 66 67 212
Websitewww.franklintempleton.lu
Address8A, rue Albert Borschette
 Luxembourg   L-1246
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date31/05/2012
Fund Advisor(s)
Templeton Asset Management Ltd.
Fund ManagerSukumar Rajah
Manager Start Date01/08/2013
Education
Indian Institute of Management, Bangalore, M.B.A.
Indian Institute of Technology, Roorkee, B.E.
 
Biography
Sukumar Rajah is Senior Managing Director, Director of Portfolio Management for Franklin Templeton Emerging Markets Equity. Mr. Rajah joined Pioneer ITI in 1994, which was acquired by Franklin Templeton in 2002. Prior to joining Pioneer ITI, Mr. Rajah was assistant vice president of Indbank Merchant Banking Services, Ltd. Before this, he worked for Tata Steel from 1986 to 1988. Mr. Rajah earned his MBA specializing in finance and marketing from the Indian Institute of Management, Bangalore. He earned his Bachelors' Degree in Engineering from the Indian Institute of Technology, Roorkee.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.70%
Ongoing Charge1.00%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes