The Franklin India Taxshield Fund is an “Equity Linked Savings Scheme” (ELSS) tax saving fund.It offers a tax deduction of upto Rs 1.5 lac under Sec 80 C of Income tax Act 1961 with a lock in period of 3 years. Its a multi cap fund with an aim for long term capital appreciation by maintaining a diversified portfolio of companies across different sizes and sectors

Quick facts about the Franklin India Taxshield Fund

  • Launch Year: 1999
  • Size of Fund: ~ 3565 crores
  • Expense Ratio: 2.38 %
  • Minimum Investment: Rs 5000
  • Minimum SIP Investment: Rs 500
  • Exit Load: Nil

Performance of Franklin India Taxshield Fund

  • Return Since Launch: ~ 24%
  • Return since last 10 years: ~ 11 %
  • Return since last 5 years: ~ 19%
  • Return since last 3 years: ~ 12%
  • Return since last 1 years: ~ 29%

What this essentially means is that this fund has given an average annual return of 11% every year over the last 10 years. If you had invested Rs 10,000 per month, your total savings of Rs 12 lakhs would have grown to Rs 28 lakhs. See chart data below from

Franklin India Taxshield Fund

SIP Returns in Franklin India Taxshield Fund

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