Fund Description

The fund seeks long-term capital appreciation by investing primarily in equity securities of companies organized under the laws of, with a principal office in, or for which the principal trading market for their securities is in India, companies that derive 50% or more of their revenues or profits from either goods or services produced or sales made in India, or companies with 50% of more of their assets in India.

Strategy Statement

"Our stable and experienced investment team utilizes their in-depth regional knowledge and a fundamental, bottom-up research methodology to invest in the Indian equity market."

Stephen Dover, CFA®, MBA

Management

Sukumar Rajah, MBA

Sukumar Rajah, MBA

  • Joined Franklin Templeton in 1994
  • Managed Fund Since 2014
Stephen Dover, CFA, MBA

Stephen Dover, CFA®, MBA

  • Joined Franklin Templeton in 1997
  • Managed Fund Since 2008
Purav Jhaveri, CFA, MBA, FRM, CPA

Purav Jhaveri, CFA®, MBA, FRM, CPA

  • Joined Franklin Templeton in 2000
  • Managed Fund Since 2008

Rating

Overall Morningstar Rating As of 12/31/2017

Rating Category: India Equity

Morningstar
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating As of 12/31/2017

Years Ratings Funds
in category
3
3 Stars
23
5
Stars
10
Stars

Morningstar Style Box As of09/30/2017

Strategy, Benefits, Results

Strategy

  • We are long-term, bottom-up investors targeting companies we believe have incorrectly priced growth prospects.
  • We focus on companies with revenue and free cash-flow growth potential as well as the ability to sustain high return on capital in the long term.
  • We strive to evaluate businesses, managements and identify trends to make better long-term investment decisions.

Benefits

  • India Expertise. Our team scouts for investment ideas across all market capitalizations and meets face-to-face with companies.
  • Local Presence. Franklin Templeton has had a local presence in India since 1993, and has gained valuable market experience for making investment selections.
  • Attractive Growth Drivers. Economic and demographic drivers of growth lead us to believe that India may offer excellent long-term investment opportunities.

Investing In The Fund

What Are the Risks?

  • All investments involve risks, including possible loss of principal.
  • Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments.
  • Investments in developing markets involve heightened risks related to the same factors, in addition to risks associated with these companies’ smaller size, lesser liquidity and the potential lack of established legal, political, business and social frameworks to support securities markets in the countries in which they operate.
  • The fund relies on the income tax treaty between India and the Republic of Mauritius for relief from certain Indian taxes. Treaty renegotiation, legislative changes or changes in the requirements to establish a residency in Mauritius may result in higher taxes and lower returns for the fund.
  • Because the fund invests its assets primarily in companies in a specific country or region the fund may also experience greater volatility than a fund that is more broadly diversified geographically.
  • The fund is designed for the aggressive portion of a well-diversified portfolio.
  • Risks are detailed in the fund’s prospectus.

Minimum Investment

See Prospectus

How Financial Advisors Help You

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