Franklin India Technology Fund(IDCW Payout)
☆ Add to Watchlist
More Options
Business Overview
Franklin India Technology Fund (IDCW Payout) is an equity mutual fund focused on investing in the technology sector. Ideal for investors seeking long-term capital appreciation through exposure to high-growth tech companies, this fund aims to capitalize on the rapid digital transformation in India. With a strong track record and experienced fund management, it provides a robust option for those looking to diversify their portfolio with tech-driven investments.
- Focuses on high-growth technology companies
- Ideal for long-term capital appreciation
- Managed by experienced professionals
- Benefits from India's digital transformation
- Offers regular income through IDCW payouts
Investment Thesis
Franklin India Technology Fund stands out due to its strong promoter credibility and robust growth potential in the digital services sector. With attractive valuations compared to peers, it offers a compelling investment opportunity for retail investors seeking exposure to the technology space.
- Backed by a reputable promoter group with a proven track record.
- Capitalizes on the growing demand for digital services in India.
- Offers attractive valuation metrics compared to industry peers.
- Diversified portfolio focused on high-growth technology companies.
- Potential for long-term capital appreciation amidst digital transformation.
Opportunity vs Risk
- Growing tech sector in India
- Strong historical performance
- Diversified portfolio exposure
- Potential for high returns
- Rising digital adoption
- Market volatility impacts returns
- Sector-specific downturns
- Regulatory changes affecting tech
- High expense ratio
- Currency fluctuation risks
Peer Perspective
Franklin India Technology Fund trades at a slight premium compared to peers like ICICI Prudential Technology Fund and Nippon India Growth Fund. A rerating could occur if it demonstrates consistent margin stability and accelerated growth.
-
10BusinessHighTechnology sector is future-ready with strong growth potential.
-
10GrowthHighConsistent revenue and profit growth observed over the past few years.
-
10ProfitabilityHighROE and ROCE are above industry averages, indicating strong profitability.
-
8ValuationHighValuation metrics are reasonable compared to peers.
-
7BalanceHighDebt levels are manageable with good liquidity.
-
6GovernanceGoodPromoter holding is stable, but some concerns about pledging.
-
5DriversGoodGrowth drivers are present, but execution risks remain.
-
5TechnicalsGoodMarket sentiment is neutral with moderate liquidity.