Comparison Of Franklin India High Growth companies Fund & Kotak Mid Cap Fund

Two different mutual fund plans are described here. One is Franklin India High Growth companies Fund by Franklin Templeton Mutual Fund and another is Kotak Mid Cap Fund by Kotak Mahindra Mutual Fund. Both of them can be considered for investment.
Franklin India High Growth companies Fund

Franklin India High Growth companies Fund

It is an open ended equity diversified fund by Franklin Templeton Mutual Fund. Asset size of the fund is Rs 738.89 Cr (30 June 2011). Fund started on 21 Jan 2003. Rs 5,000 is the minimum investment. Fund’s one year return is 0.3%. Nifty’s one year return is 3.5%. 2008 was an atrocious year for global stock markets. Nifty gave a negative return of 51% in the year. Fund also gave a negative return of 58.2% in that period. 2009 was a tremendous year for Indian stock markets. Nifty gave 75% return in the year. Fund gave a return of 94.3% in that period. Fund gave 17.9% and 15% annualized return in the last two and three years respectively.

ICICI Bank, Infosys, Bharti Airtel, Pidilite Industries, TV 18 Broadcast, Crompton Greaves, Adhunik Metaliks, Amara Raja Batteries, Cummins India, Idea Cellular, Ipca Laboratories, Godrej Consumer Products, Deccan Chronicle Holdings, Apollo Tyres, Dr Reddys Laboratories, JSW Steel and Sterlite Industries (India) are the top holdings of the fund. Banking/ Finance, Technology and Telecom are the main sectors preferred by the fund. 95.99% of amount is invested in equities. 52 week high and low of NAV is Rs 14.86 and Rs 11.42 respectively. NAV of the fund closed at Rs 12.880 (22 July 2011).

Kotak Mid Cap Fund

Kotak Mid Cap Fund

It is an open ended equity diversified fund by Kotak Mahindra Mutual Fund. Asset size of the fund is Rs 306.86 Cr (30 June 2011). Fund launched on 28 Jan 2005. Rs 5,000 is the minimum investment. Fund’s one year return is 2%. Nifty’s one year return is 3.5%. 2008 was a frightful year for world stock markets. Nifty gave a negative return of 51% in the year. Fund also gave a negative return of 63.4% in that period. 2009 was an excellent year for Indian stock markets. Nifty gave 75% return in the year. Fund gave 85.8% return in that period. Fund gave 24.9% and 13% annualized return in the last two and three years respectively.

Glaxosmithkline Consumer Healthcare, Union Bank of India, Zuari Industries, Lupin, Divis Laboratories, Britannia Industries, Redington (India), EID Parry (India), Motheson Sumi Systems, Alstom Projects, Yes Bank, Exide Industries, CRISIL, Asian Paints, Sintex Industries, Bharat Forge and Texmaco Rail & Engineering are the top holdings of the fund. Banking/ Finance, Engineering and Manufacturing are the main sectors preferred by the fund. 97.4% amount is invested in equities. 52 week high and low of NAV is Rs 30.26 and Rs 22.24 respectively. NAV of the fund closed at Rs 26.041 (22 July 2011).

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