Franklin Templeton Investments | |
|---|---|
| Mar '06 | 17,827 |
| Mar '07 | 22,019 |
| Dec '07 | 31,176 |
| Sep '08 | 28,569 |
| Feb '09 | 19,572 |
Growth in AUM in Rs crore | |
TOTAL AUM: Rs 19,572 crore (as on February 28, 2009) | |
Franklin Templeton was the first in India to offer open-ended funds in 1993, when it was called Kothari Pioneer. In 2000, the fund house was renamed Pioneer ITI, and in 2002, Templeton acquired it to set up one of the biggest fund houses.
Asset allocation
Equities: 73.84%, Debt: 20.03%, Cash: 6.13%
The break-up of assets worth Rs 9,293 crore for equity funds, balance funds and monthly income plans.
Fall & rise in profit
Sept '07: Rs 31.3 crore, Sept '06: Rs -2.8 crore
Despite incurring a loss in 2006, the fund house posted a huge gain in 2007, which continued in 2008 as well.
Top 5 fund schemes
Templeton India TMA-Liquid Plan: 13.9%, Franklin India Flexi Cap Fund: 7.1%, Franklin India Bluechip Fund: 6.9%, Templeton India Ultra-Short Bond: 6.8%, Franklin India Prima Plus: 4.7%
The top five include two equity funds, Bluechip and Prima Plus, which form 11.6% of the AUM.
Top 5 equity holdings
Bharti Airtel: 7.8%, Reliance Industries: 7.7%, HDFC Bank: 4.9%, Infosys: 4.3%, Axis Bank: 3.8%
In a bagful of best equity picks, Bharti and Reliance comprise over 15% of the holdings.
Fund house style
The fund house has stood by its convictions, which it hopes will translate into a sustained performance over the years. This has meant it has not launched any exotic products for the sake of diversification and portfolio expansion. It also means that the funds have been hit by the overall bad performance.
Return percentile: 80, Risk percentile: 60
If you had invested Rs 10,000 on 1 January 2000 in the Franklin India Prima Plus (G), its value would be Rs 32,782 on 18 March 2009, an absolute growth of 228%.
