• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Down0.16% Nasdaq Down0.08%

    Franklin India Growth Adv (FIGZX)

    13.21 Up 0.07(0.53%) Jul 2

    Profile as of May 30, 2015Get Profile for:
    Franklin India Growth Adv
    Franklin Templeton International TrustOne Franklin ParkwaySan Mateo, CA 94403-1906
    Map
    Phone: 800-632-2301
    Fund Overview 
    Category:India Equity
    Fund Family:Franklin Templeton Investments
    Net Assets:139.14M
    Year-to-Date Return:4.49%
    Yield:0.72%
    Morningstar Rating:3 stars
    Fund Inception Date:Jan 31, 2008
    Morningstar Style Box 
    India Equity
    [View Category Definition]
    View Top India Equity Funds
    About the Morningstar Style Box
    Management Information 
    Sukumar H. Rajah
    Lead Manager since Jan 31, 2008
    Sukumar Rajah is director and chief investment officer-equities for Franklin Templeton India AMC Ltd. The Franklin Templeton AMC is the largest local equity manager in India. Mr. Rajah is responsible for overseeing the equity investments of the India locally managed and distributed equity products. Mr. Rajah was part of the original equity team at Pioneer ITI of India in 1994, which was acquired by Franklin Templeton in 2002. Prior to that, Mr. Rajah was assistant vice president of Indbank Merchant Banking Services, Ltd. responsible for advising the Indian Opportunities Fund, which was jointly managed by Martin Currie and Indbank. Before this, he worked for Tata Steel in the Decisions Support Systems Group from 1986 to 1988. Mr. Rajah earned his postgraduate degree in management (Indian M.B.A), specializing in finance and marketing, from the Indian Institute of Management, Bangalore. He earned his bachelor of engineering degree, specializing in industrial engineering, from the University of Roorkee.
    Investment Information 
    Min Initial Investment:1,000,000
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    FIGZX can be purchased from 65 brokerages.

    Fund Summary 
    The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its net assets in securities of "Indian companies." It may invest in companies of any size, and may invest a significant portion of its assets in securities of smaller companies. The fund invests primarily in common stocks. It may invest up to 20% of its net assets in securities that do not qualify as Indian company securities. When consistent with the fund's investment goal, up to 20% of its net assets may be invested in debt obligations, including debt obligations of Indian companies, which may be lower-rated or unrated.

    Fund Operations 
    Last Dividend (Dec 14, 2014) : 0.10
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jun 30, 2015) : 35.48%
    Average for Category:18.89%
    Fees & Expenses 
    ExpenseFIGZXCategory Avg
    Annual Report Expense Ratio (net):1.35%1.76%
    Prospectus Net Expense Ratio:1.35%N/A
    Prospectus Gross Expense Ratio:1.95%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.67%
    Max Deferred Sales Load: N/A2.00%
    3 Yr Expense Projection*:5531,470
    5 Yr Expense Projection*:9952,056
    10 Yr Expense Projection*:2,2233,467
    * Per $10,000 invested