Business News›Wealth›Invest›Franklin India Taxshield mutual fund review: A tax-saving ELSS scheme that needs to improve
Franklin India Taxshield mutual fund review: A tax-saving ELSS scheme that needs to improve
Synopsis
The fund has struggled in recent years, underperforming its index and lagging behind peers. While it has seen a pick up in the last six months, the fund needs to show sustained improvement to be considered a worthy bet for the long term.
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.HOW THE FUND HAS PERFORMED 81240302WHERE THE FUND INVESTS 81240310BASIC FACTSDate of Launch: 10 April 1999Category: EquityType: ELSSAUM (As on 31 Jan 2021): Rs 4,151 crBenchmark: NIFTY 500 Total Return IndexWHAT IT COSTSNAV(As on 23 Feb 2021)Growth
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