Franklin India Competition

Summary

Franklin India Growth competes with Gold And, Goldman Sachs, Europac Gold, Short Precious, and Gabelli Gold; as well as few others. The fund is listed under India Equity category and is part of Franklin Templeton Investments family. Analyzing Franklin India competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Franklin India to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in income.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Franklin India competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin India's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

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Prediction

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Intrinsic

Valuation

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Franklin India Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Franklin India and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Franklin and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Franklin India Growth does not affect the price movement of the other competitor.

	USERX	GLECX	EPGFX	SPPSX	GLDAX	FGDIX	QGLDX	EKWDX
USERX		-0.02	0.99	-0.92	0.98	0.96	0.86	0.98	USERX
GLECX	-0.02		0.05	0.28	-0.07	-0.17	0.37	0.02	GLECX
EPGFX	0.99	0.05		-0.91	0.98	0.96	0.88	0.99	EPGFX
SPPSX	-0.92	0.28	-0.91		-0.96	-0.98	-0.65	-0.94	SPPSX
GLDAX	0.98	-0.07	0.98	-0.96		0.99	0.81	0.99	GLDAX
FGDIX	0.96	-0.17	0.96	-0.98	0.99		0.75	0.98	FGDIX
QGLDX	0.86	0.37	0.88	-0.65	0.81	0.75		0.85	QGLDX
EKWDX	0.98	0.02	0.99	-0.94	0.99	0.98	0.85		EKWDX
	USERX	GLECX	EPGFX	SPPSX	GLDAX	FGDIX	QGLDX	EKWDX

Click cells to compare fundamentals

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High positive correlations

EPGFX	+ 0.99	USERX
EKWDX	+ 0.99	EPGFX
FGDIX	+ 0.99	GLDAX
EKWDX	+ 0.99	GLDAX
GLDAX	+ 0.98	USERX
EKWDX	+ 0.98	USERX

High negative correlations

FGDIX	- 0.98	SPPSX
GLDAX	- 0.96	SPPSX
EKWDX	- 0.94	SPPSX
SPPSX	- 0.92	USERX
SPPSX	- 0.91	EPGFX
QGLDX	- 0.65	SPPSX

Risk-Adjusted Indicators

There is a big difference between Franklin Mutual Fund performing well and Franklin India Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Franklin India's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
USERX	1.40	(0.01)	(0.05)	0.09	1.82	(1.44)	3.05	(2.74)	10.13
GLECX	0.75	0.23	0.23	0.55	0.35	(0.97)	1.84	(0.89)	4.78
EPGFX	1.42	0.02	(0.03)	0.17	1.87	(1.42)	2.54	(2.79)	10.62
SPPSX	1.38	0.06	(0.05)	(0.11)	1.72	(1.51)	3.15	(2.29)	10.46
GLDAX	1.30	0.01	(0.05)	0.15	1.69	(1.35)	2.70	(2.72)	9.26
FGDIX	1.30	(0.01)	(0.06)	0.07	1.71	(1.41)	2.67	(2.76)	9.78
QGLDX	0.71	0.12	0.00	(1.78)	0.84	(0.77)	1.46	(1.17)	4.82
EKWDX	1.31	0.04	(0.03)	0.28	1.63	(1.46)	2.61	(2.83)	9.85

Unable to evaluate fundamental data of [USERX, GLECX, EPGFX, SPPSX, GLDAX, FGDIX, QGLDX, EKWDX] at this time. Please try again later

All Fundamental Data

Franklin India Competitive Analysis

The better you understand Franklin India competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Franklin India's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Franklin India's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	USERX	GLECX	EPGFX	SPPSX	GLDAX	FGDIX	QGLDX	EKWDX
	0.63 12.80 Gold	0.12 16.07 GOLDMAN	1.16 11.29 Europac	0.43 9.21 Short	0.98 22.70 Gabelli	0.79 27.92 Fidelity	1.29 26.76 The	1.01 62.90 Wells
Market Volatility (90 Days Market Risk)	Not too volatile	Very steady	Not too volatile	Not too volatile	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Weak	Solid	Weak	Weak	Weak	Very Weak	OK	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Buy	Cautious Hold	Strong Sell	Sell	Sell	Strong Sell	Sell
Net Asset	99.89 M	129.7 M	219.68 M	8.82 M	336.68 M	1.06 B	121.01 M	304.15 M
Minimum Initial Investment	5 K	N/A	N/A	N/A	N/A	N/A	1 K	N/A
Price To Book	1.55 X	N/A	1.24 X	N/A	1.76 X	1.30 X	N/A	1.58 X
Five Year Return	7.46 %	19.19 %	5.09 %	(17.33) %	8.09 %	4.79 %	8.10 %	8.50 %
One Year Return	35.62 %	50.10 %	24.52 %	(24.92) %	33.25 %	27.76 %	27.71 %	34.39 %
Last Dividend Paid	0.36	0.15	1.15	N/A	0.36	1.13	2.34	0.28
Price To Earning	17.69 X	N/A	43.64 X	N/A	27.33 X	27.34 X	N/A	33.22 X
Price To Sales	2.10 X	N/A	4.16 X	N/A	3.12 X	2.35 X	N/A	3.50 X
Cash Position Weight	1.14 %	0.43 %	0.34 %	115.23 %	0.18 %	0.91 %	46.71 %	1.62 %
Equity Positions Weight	95.04 %	99.56 %	98.60 %	N/A	99.74 %	98.29 %	N/A	92.97 %
Three Year Return	(2.71) %	25.63 %	(3.65) %	(8.33) %	2.44 %	(2.68) %	7.73 %	4.29 %
Annual Yield	N/A	0.03 %	N/A	N/A	0.01 %	0 %	0.0001 %	N/A
Year To Date Return	20.12 %	47.96 %	11.94 %	6.08 %	21.00 %	15.51 %	21.59 %	22.39 %
Bond Positions Weight	3.73 %	N/A	N/A	N/A	N/A	N/A	39.71 %	N/A
Ten Year Return	(1.54) %	N/A	N/A	(12.27) %	(0.39) %	(2.73) %	N/A	(1.75) %
Day Typical Price	12.8	16.07	11.29	9.21	22.7	27.92	26.76	62.9
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T	9.2 T
Period Momentum Indicator	0.08	0.02	0.13	(0.04)	0.22	0.22	0.34	0.63
Rate Of Daily Change	1.01	1.0	1.01	1.0	1.01	1.01	1.01	1.01
Day Median Price	12.8	16.07	11.29	9.21	22.7	27.92	26.76	62.9
Price Action Indicator	0.04	0.01	0.065	(0.02)	0.11	0.11	0.17	0.31
Relative Strength Index	33.84	39.32	35.31	75.27	30.89	29.73	69.66	30.37
Coefficient Of Variation	4542.8	322.98	2321.28	4631.33	3863.79	6209.63	729.92	2412.43
Mean Deviation	1.4	0.7466	1.42	1.38	1.3	1.3	0.7119	1.31
Jensen Alpha	(0.01)	0.2285	0.0199	0.0626	0.0063	(0.01)	0.1242	0.0358
Total Risk Alpha	(0.26)	0.139	(0.22)	(0.26)	(0.23)	(0.26)	(0.03)	(0.21)
Sortino Ratio	(0.05)	0.2345	(0.03)	(0.05)	(0.05)	(0.06)	(0)	(0.03)
Downside Variance	3.69	0.5407	3.72	3.41	3.1	3.12	1.04	3.0
Standard Deviation	1.85	0.9793	1.86	1.87	1.69	1.74	0.9215	1.75
Kurtosis	0.7882	1.96	1.22	1.43	0.7014	1.08	1.37	1.2
Potential Upside	3.05	1.84	2.54	3.15	2.7	2.67	1.46	2.61
Treynor Ratio	0.0874	0.5473	0.1687	(0.11)	0.1483	0.0703	(1.78)	0.2819
Maximum Drawdown	10.13	4.78	10.62	10.46	9.26	9.78	4.82	9.85
Variance	3.42	0.9591	3.45	3.5	2.86	3.02	0.8493	3.07
Market Risk Adjusted Performance	0.0974	0.5573	0.1787	(0.10)	0.1583	0.0803	(1.77)	0.2919
Risk Adjusted Performance	0.0227	0.2396	0.0389	0.0225	0.0253	0.0179	0.1067	0.0374
Skewness	(0.01)	0.6583	(0.05)	0.2507	(0.16)	(0.18)	(0.69)	(0.14)
Semi Deviation	1.82	0.3526	1.87	1.72	1.69	1.71	0.844	1.63
Information Ratio	(0.05)	0.1761	(0.03)	(0.05)	(0.05)	(0.06)	(0)	(0.03)
Value At Risk	(2.74)	(0.89)	(2.79)	(2.29)	(2.72)	(2.76)	(1.17)	(2.83)
Expected Short fall	(1.44)	(0.97)	(1.42)	(1.51)	(1.35)	(1.41)	(0.77)	(1.46)
Downside Deviation	1.92	0.7353	1.93	1.85	1.76	1.77	1.02	1.73
Semi Variance	3.3	0.1243	3.51	2.97	2.86	2.91	0.7124	2.67

Franklin India Competition Performance Charts

Five steps to successful analysis of Franklin India Competition

Franklin India's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Franklin India Growth in relation to its competition. Franklin India's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Franklin India in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Franklin India's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Franklin India Growth, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Franklin India position

In addition to having Franklin India in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.

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Other Consideration for investing in Franklin Mutual Fund

If you are still planning to invest in Franklin India Growth check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Franklin India's history and understand the potential risks before investing.

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