Franklin India Prima Plus Fund is an open-end equity fund that aims to achieve growth of capital through a diversified portfolio of wealth creating companies.
Fund Objective:
The scheme aims to provide growth of capital and regular dividend from a portfolio of equity, debt and money market instruments and focussing on wealth creating companies across all sectors and market cap ranges.
Investment Focus
The lifeblood of any successful business is wealth creation - simply speaking, to generate returns in excess of its cost of capital. Time and again, wealth creating companies have rewarded investors as the stock market sooner or later acknowledges their unique contribution.
Giving you an easy and convenient access to such companies is FIPP. The scheme looks to identify such companies by thorough research by giving due focus to the qualitative aspects such as management capabilities, business strengths and unique business models which given them a sustainable competitive advantage.
Basic Scheme Information
| Nature of Scheme |
Open Ended Equity Diversified Scheme |
| Inception Date. |
September 29, 1994 |
Entry Load.
(any amount) |
2.25% |
Exit Load.
(any amount) |
Nil |
| 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. 594.47 Cr. at January 31, 2006 |
| Benchmark |
S&P CNX 500 |
Stated Asset Allocation
| Equities and Equity Related Instruments |
40% - 100% |
| Debt & Money Market Instruments |
0% - 40% |
| Others |
0% - 20% | |
