The scheme seeks medium to long term growth of capital, with income tax rebate. The scheme invests in equities and there is an exposure to PSU Bonds and debentures and Money Market instruments.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Rajasa Kakulavarapu
Ms. Kakulavarapu has done B.Tech and MBA.
Prior to joining Franklin Templeton Mutual Fund, she has worked with Jefferies India Pvt. Ltd. and Credit Suisse Securities (India) Pvt. Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Franklin India ELSS Tax Saver Fund is ₹1,343.21 as of 2026-10-09.
Franklin India ELSS Tax Saver Fund is classified as a ELSS - Tax Saver fund.
Franklin India ELSS Tax Saver Fund is managed by Franklin Templeton Mutual Fund.
The Assets Under Management (AUM) of Franklin India ELSS Tax Saver Fund is ₹6,222.62 Cr.
The expense ratio of Franklin India ELSS Tax Saver Fund is 1.93%.
Franklin India ELSS Tax Saver Fund is managed by Rajasa Kakulavarapu.
The minimum SIP investment for Franklin India ELSS Tax Saver Fund is ₹500.
As per the SEBI Riskometer, Franklin India ELSS Tax Saver Fund carries a Very High risk level.
Franklin India ELSS Tax Saver Fund has delivered -9.69% (1Y), 7.65% (3Y) and 8.63% (5Y) annualised returns as of 2026-10-09.
Franklin India ELSS Tax Saver Fund was launched on 1996-02-19.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
