Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Mutualfunds logo

FIGZX Franklin India Growth Adv

  • Fund
  • FIGZX
  • Price as of: Dec 12, 2018
  • $13.47
  • + $0.35
  • + 2.67%
  • Category
  • India Equities

FIGZX - Profile

Vitals

  • YTD Return -17.8%
  • 3 Yr Annualized Return 5.6%
  • 5 Yr Annualized Return 11.0%
  • Net Assets $119 M
  • Holdings in Top 10 98.1%

52 WEEK LOW AND HIGH

$13.47
$12.19
$16.94

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.90%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 39.65%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$100,000

IRA

N/A

Investment Themes

CATEGORY

India Equities
  • Fund Type Open End Mutual Fund
  • Investment Style India Equity

Distributions

  • YTD Total Return -17.8%
  • 3 Yr Annualized Total Return 5.6%
  • 5 Yr Annualized Total Return 11.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.53%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Franklin India Growth Fund
  • Fund Family Name Franklin Templeton Investments
  • Inception Date Jan 31, 2008
  • Shares Outstanding 2631601
  • Share Class Adv
  • Currency USD
  • Domiciled Country United States
  • Manager Sukumar Rajah

Fund Description

The fund normally invests at least 80% of its net assets in securities of "Indian companies." It may invest in companies of any size, and may invest a significant portion of its assets in securities of smaller companies. The fund invests primarily in common stocks. It may invest up to 20% of its net assets in securities that do not qualify as Indian company securities. When consistent with the fund's investment goal, up to 20% of its net assets may be invested in debt obligations, including debt obligations of Indian companies, which may be lower-rated or unrated.

FIGZX - Performance

Return Ranking - Trailing

Period FIGZX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -17.8% -26.4% 0.0% 50.00% 4
1 Yr -11.5% -12.3% 70.2% 88.89% 5
3 Yr 5.6% * -5.5% 13.5% 56.25% 3
5 Yr 11.0% * 9.9% 18.1% 81.82% 4
10 Yr 12.6% * 11.5% 16.2% 44.44% 2

* Annualized


Return Ranking - Calendar

Period FIGZX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 32.7% -7.0% 49.0% 50.00% 3
2016 1.6% -3.0% 28.7% 72.22% 4
2015 -4.2% -32.1% 2.7% 25.00% 1
2014 43.1% 33.5% 62.5% 28.57% 2
2013 -3.8% -10.7% -1.5% 18.18% 1

Total Return Ranking - Trailing

Period FIGZX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -17.8% -26.4% 0.0% 50.00% 4
1 Yr -11.5% -16.5% 70.2% 77.78% 4
3 Yr 5.6% * -5.5% 13.5% 56.25% 3
5 Yr 11.0% * 9.5% 18.1% 81.82% 4
10 Yr 12.6% * 11.5% 16.2% 44.44% 2

* Annualized


Total Return Ranking - Calendar

Period FIGZX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 32.7% -7.0% 49.0% 50.00% 3
2016 1.6% -3.0% 28.7% 72.22% 4
2015 -4.2% -32.1% 4.2% 25.00% 1
2014 44.6% 33.5% 65.9% 35.71% 2
2013 -3.8% -11.0% -1.5% 18.18% 1

NAV & Total Return History

FIGZX - Holdings

Filings data as of: Oct 31, 2018

Concentration Analysis

FIGZX Category Low Category High FIGZX % Rank Quintile
Net Assets 119 M 40.8 K 1.76 B 22.22% 3
Number of Holdings 4 4 89 50.00% 5
Net Assets in Top 10 106 M 76 812 M 16.67% 2
Weighting of Top 10 98.1% 0.0% 98.1% 5.56% 1

Top 10 Holdings

  1. Ft (Mauritius) Offshore Invest 92.28%
  2. Cognizant Technology Solutions Corp A 4.28%
  3. MakeMyTrip Ltd 1.54%

Asset Allocation

Weighting Category Low Category High FIGZX % Rank Quintile
Other
92.28% 0.00% 92.28% 5.56% 1
Stocks
5.82% 0.01% 100.00% 50.00% 5
Cash
1.91% 0.00% 99.99% 44.44% 4
Preferred Stocks
0.00% 0.00% 0.00% 5.56% 2
Convertible Bonds
0.00% 0.00% 0.00% 5.56% 2
Bonds
0.00% 0.00% 0.00% 5.56% 2

Stock Sector Breakdown

Weighting Category Low Category High FIGZX % Rank Quintile
Technology
4.28% 0.00% 21.29% 38.89% 4
Consumer Cyclical
1.54% 0.00% 19.76% 44.44% 5
Utilities
0.00% 0.00% 6.28% 22.22% 4
Real Estate
0.00% 0.00% 1.81% 27.78% 4
Industrials
0.00% 0.00% 18.07% 44.44% 5
Healthcare
0.00% 0.00% 14.57% 44.44% 5
Financial Services
0.00% 0.00% 34.59% 55.56% 5
Energy
0.00% 0.00% 7.36% 38.89% 5
Communication Services
0.00% 0.00% 4.39% 22.22% 4
Consumer Defense
0.00% 0.00% 17.76% 44.44% 5
Basic Materials
0.00% 0.00% 19.93% 44.44% 5

Stock Geographic Breakdown

Weighting Category Low Category High FIGZX % Rank Quintile
US
4.28% 0.00% 4.28% 5.56% 1
Non US
1.54% 0.00% 100.00% 50.00% 5

FIGZX - Expenses

Operational Fees

FIGZX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.90% 0.89% 62.60% 66.67% 2
Management Fee 1.30% 0.66% 1.30% 5.56% 5
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.15% 0.14% 0.15% 11.11% 3

Sales Fees

FIGZX Fees (% of AUM) Category Low Category High FIGZX Rank Quintile
Front Load N/A 5.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

FIGZX Fees (% of AUM) Category Low Category High FIGZX Rank Quintile
Max Redemption Fee N/A 2.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FIGZX Fees (% of AUM) Category Low Category High FIGZX Rank Quintile
Turnover 39.65% 0.00% 82.84% 16.67% 4

FIGZX - Distributions

Dividend Yield Analysis

FIGZX Category Low Category High FIGZX % Rank Quintile
Dividend Yield 0.1% 0.00% 0.10% 16.67% 1

Dividend Distribution Analysis

FIGZX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

FIGZX Category Low Category High FIGZX % Rank Quintile
Net Income Ratio -0.53% -1.53% 0.84% 50.00% 3

Capital Gain Distribution Analysis

FIGZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

FIGZX - Managers

Sukumar Rajah

Manager

Start Date

Jan 31, 2008

Tenure

10.84

Tenure Rank

5.7%

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.


Stephen H. Dover

Manager

Start Date

Jan 31, 2008

Tenure

10.84

Tenure Rank

5.7%

Stephen H. Dover, CFA is the managing director, international chief investment officer for Franklin Templeton's Local Asset Management group. He is responsible for overseeing the investment functions of the locally managed and distributed products in Australia, Brazil, Canada, China, the Middle East and North Africa, Europe, India, Japan, Malaysia, South Korea, Vietnam and the United Kingdom. He also oversees and manages the Franklin World Perspectives strategy. Local asset management refers to the strategic investments that Franklin Templeton Investments has made in local asset management companies around the world in order to leverage the expertise of well-qualified investment and financial services professionals who have first-hand knowledge of their domestic markets. Prior to serving in his current role, Mr. Dover was a founder and chief investment officer of Bradesco Templeton Asset Management (BTAM), a joint venture between Franklin Templeton Investments and Banco Bradesco. Under Mr. Dover's direction, BTAM became the largest joint-venture asset management company in Brazil. Mr. Dover also served on the Board of Directors of several publicly traded Brazilian companies. Prior to joining Franklin Templeton Investments in 1997, Mr. Dover was a portfolio manager and principal at Newell Associates in Palo Alto, CA where he co-managed retail and institutional equity assets including the Vanguard Equity Income Fund. Previously, Mr. Dover worked for Towers Perrin Consulting in New York, London and San Francisco. Mr. Dover is a member of the Board of Directors of the Bootstrap Fund, a nonprofit development bank focusing on microcredit. Mr. Dover is also on the Board of Trustees of Lewis and Clark College and Law School. Mr. Dover earned a B.A., with honors, in communications and business administration from Lewis and Clark College and an M.B.A. in finance from The Wharton School of the University of Pennsylvania. He is a Chartered Financial Analyst (CFA) Charterholder. Mr. Dover has lived in China, Costa Rica, England, Brazil and the United States.


Purav A. Jhaveri

Manager

Start Date

Jan 31, 2008

Tenure

10.84

Tenure Rank

5.7%

Purav A. Jhaveri, CFA, FRM, Senior Vice President Investment Strategist/Portfolio Manager at Franklin Advisers. Purav A. Jhaveri is senior vice president and investment strategist/portfolio manager for Franklin Global Advisers. He joined Franklin Templeton Investments in 2000. He is responsible for overseeing the investment functions of the locally managed and distributed products in South Korea, India, the UAE, Brazil and China. Mr. Jhaveri has been in the investment industry since 1994. Prior to serving in his current role, Mr. Jhaveri was a portfolio manager with Franklin Templeton's local asset management group in Mumbai, India and a research analyst with the Templeton Emerging Markets Group in Mumbai, India. Prior to joining Franklin Templeton, he was an investment advisor and research analyst at ANZ Grindlays Bank. He was previously with Unit Trust of India as a research analyst. Mr. Jhaveri has an M.B.A. from Wharton School of the University of Pennsylvania. He earned his masters in management from Narsee Monjee Institute of Management Studies, University of Bombay and his bachelor of commerce degree from Jaihind College, University of Bombay. Mr. Jhaveri has a Financial Risk Manager certification from Global Association of Risk Professionals. He is a Chartered Financial Analyst (CFA) Charterholder.


Tenure Analysis

Category Low

0.4

Category High

12.4

Category Average

5.58

Category Mode

3.9