The Franklin Technology investment fund has been consistently performing since Jonathan Curtis took the lead role as the lead manager. With a Morningstar Analyst Rating of 94, this fund is a good buy. However, there are risks associated with this fund. If you are new to investing, here are some important things to consider before investing in it. Read on to find out more about this tax-free income portfolio and how it can help you meet your goals.
Investing in a flexi-cap fund
If you are interested in investing in the future, consider Franklin Technology Fund. The Franklin Technology Fund focuses on technology stocks and companies. These companies are creating or implementing new technologies. The Franklin Technology Fund’s investment approach has remained consistent since its lead manager, Jonathan Curtis, took the helm. It has a Morningstar Analyst Rating of B and is widely regarded as one of the best funds to invest in.
The Franklin Technology Fund was created in 2013 and has over 55 ETFs in the U.S., including passive, smart beta, and active funds. As of November 30, 2021, it had $ 9.7 billion under management. Franklin Technology Fund seeks to produce capital gains by investing in companies that utilize technology to grow and create new products and services. This fund invests at least two-thirds of its assets in equity securities of companies that are expected to benefit from technology development.
Investment objectives
The Franklin Technology Fund invests in technology companies, including those in the PHL region. The fund invests at least two-thirds of its assets in these companies. Technology companies are those involved in electronic, digital, or communications technologies. These include telecommunications, which includes wire-line and networking services, and media and information services, which includes the creation and distribution of information. This is an investment strategy that aims to produce high returns on capital.
The Franklin India Technology Fund belongs to the Equity Sectoral-Technology category. Its investment horizon is three years, which is long enough to reduce downside risk and guarantee predictable returns. The fund’s management team includes Varun Sharma, Srikesh Nair, and Anand Radhakrishnan. Its investment philosophy is to invest in technology stocks that will continue to grow. The fund’s investment objective is to help investors gain access to the newest technology in the world.
Risks
Investors should read the Risks of Franklin Technology Fund carefully before investing. Foreign exchange rates, as well as other factors, can have a significant impact on performance. Furthermore, technology companies are often subject to substantial price fluctuations. These risks can make the Fund’s performance vary greatly in a short period of time. Therefore, investors should pay attention to the risks associated with this fund. Here are some of the key risk factors to consider.
While time is a critical component to adding value to your investment, investors should remember that the market fluctuates often. If you need your money today, you may not have the time to wait out fluctuations and risk taking the money at a loss. Because of this, investors should treat mutual funds as long-term investments. As with any mutual fund, investors should carefully consider the risks and rewards associated with investing in the Franklin Technology Fund.
Tax-free income portfolio
Franklin India Technology Fund invests in technology-related companies in the domestic and global markets. It focuses on investing in companies whose success depends on technology. The fund deducts TDS from its investors (both resident and nonresident) and allows them to take TDS credit in the year of distribution. The fund also seeks to invest in companies whose products are more scalable and more efficient than their competitors’.
The fund has about 80% of its assets in municipal bonds, which are free from federal income and alternative minimum tax. While the fund generally tries to invest all of its assets in tax-free securities, up to 20 percent may be in securities that have taxable interest. Because the fund has a broad focus, it can maximize its tax-free yield without risking investor capital. The goal is to minimize risks while increasing returns. A fund’s tax-free income portfolio may be at risk if the value of the asset falls significantly.
