By Rahul Pithadia: We would suggest someone comfortable with investing in complete equity with diversified holdings of large cap stocks and at the same time can take risk to get better returns can opt for this fund. Although for some time the fund will underperform until it completes its corrective pattern. Fresh investment must be done post the completion of correction on downside and till that time one can have conservative approach for the investments.
Franklin India Opportunities Fund (G) is an open ended diversified equity fund that invests in diverse mix of securities rather than particular sectors thereby reducing the risk and it cut across sectors along with it focuses on capitalizing long term growth opportunities by investing in Indian Economies. This fund has 92% exposure to Equity.
The fund has selected sectors or stock exposure based on four prominent themes as follows:
1.Companies operating in areas where India has a strong advantage
2.Global competitive Indian companies with potential to participate in global opportunities
3.Undervalued companies
4.Companies best positioned to take advantage of opportunities arising from a growing economy
Sector allocation of stocks are given below:
Returns: Considering past 1 year the fund has managed to provide us with the returns of approx 28% but from past few months equity market is going through downside corrections which have affected the NAV performance which we can witness in the above weekly chart.
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