Franklin India Bluechip is an open-end equity fund that aims to achieve steady and consistent capital appreciation through investment in well-established, large size bluechip companies. The scheme seeks aggressive growth and aims to provide medium to long term capital appreciation through investment in shares of quality companies and by focusing on well established large sized companies.
Launched in October 1993 as a 3-year closed end fund, FIBCF was converted into an open end fund from January 1997. Ever since its inception, FIBCF has been ranked consistently among India's top performing funds.
Fund Objective:
FIBCF is a steady growth scheme that invests mainly in large cap bluechip shares.
Basic Scheme Information
| Nature of Scheme |
Open Ended Equity Diversified Scheme |
| Inception Date. |
December 1, 1993 |
Entry / ExitLoad.
(as a % of the Applicable NAV) |
Where entry load for normal purchases is equal to or less than 1%, 50% of that load would be charged as entry load & the remaining 50% would be charge as exit load. Schemes where the normal entry load exceeds 1%, 1% will be charged as entry load & the entry load for normal purchases reduced by 1% would be levied as exit load, if redeemed within 2 yrs. from the date of allotment. |
| Minimum Application Amount. |
Rs.5,000 and in multiples of Rs.1000 thereof to open an account / folio. |
| Systematic Investment Plan |
Minimum Amount Rs. 500 per month for 12months,Rs. 1000 per month for 6 months |
| Systematic Withdrawal Plan |
Minimum withdrawal of Rs.1000 or fixed number of units (Minimum investment/account balance for availing this facility is Rs.25,000) |
| Net Asset Value Periodicity. |
Every Business Day. |
| Option/Plan |
Dividend Plan, Growth Plan |
| Net Asset |
1,955.77 Cr. at January 31, 2006 |
| Benchmark |
Sensex |
Stated Asset Allocation
| Equities and Equity Related Instruments |
85% - 100% |
| Debt & Money Market Instruments |
0% - 15% | |
