Franklin India Prima Fund is an open-end equity fund that aims to achieve capital appreciation through investments in relatively smaller, faster growing companies.
Ever since its inception, FIPF has been ranked consistently among India's top performing funds.
Fund Objective:
The primary objective of the fund is capital appreciation and secondary objective is income generation by focussing on mid and small cap industry.
Investment Focus
Providing you exclusive access to the finest of India's smaller companies is FIPF, India's only fund with a clear focus on this dynamic segment of the stock market.
Research has shown that dynamic and well-managed, small and medium sized enterprises experience higher growth rates than their well established, larger counterparts. If identified early, investments in such companies could give substantial capital appreciation over time.
While there are thousands of listed smaller companies, not all of them can experience the same level of growth and success. Identifying the winners amongst them requires time, effort and research, which is something that the professional fund managers at Franklin Templeton are experts at.
Basic Scheme Information
| Nature of Scheme |
Open Ended Equity Diversified Scheme |
| Inception Date. |
December 1, 1993 |
Entry Load.
(any amount) |
•Less than Rs. 25 crores: 2.25%;
•Rs. 25 crores and above: Nil |
Exit Load.
(any amount) |
•Less than Rs. 25 crores: Nil;
•Rs. 25 crores and above: 2% (if redeemed within 1 year 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 |
Rs. 2,226.04 Cr. at January 31, 2006 |
| Benchmark |
S&P CNX 500 |
Stated Asset Allocation
| Equities and Equity Related Instruments |
60% - 100% |
| Debt & Money Market Instruments |
0% - 40% | |
