Franklin India Taxshield MF: Should you invest? ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.HOW THE FUND HAS PERFORMED 81240302WHERE THE FUND INVESTS 81240310BASIC FACTSDate of Launch: 10 April 1999Category: EquityType: ELSSAUM (As on 31 Jan 2021): Rs 4,151 crBenchmark: NIFTY 500 Total Return IndexWHAT IT COSTSNAV(As on 23 Feb 2021)Growth option: Rs 701.3175Dividend: Rs 42.9452Minimum Investment: Rs 500Minimum SIP Amount: Rs 500Expense Ratio(As on 31 Dec 2020) (%): 1.89Exit load: 0%FUND MANAGERS: R. Janakiraman, Lakshmikanth ReddyTenure: 4 years, 8 months eachTop 5 sectors in portfolio (%) 81240336Top 5 stocks in portfolio (%) 81240349Recent portfolio changesNew Entrants: Housing Development Finance Corp (Jan)Complete Exits: Dish TV India (Nov). Ambuja Cements (Dec. Titan Company, TVS Motor (Jan).Additions: Kotak Mahindra Bank, City Union Bank (Jan)How risky is it? 81240360Source: Value ResearchShould you buy?This fund has always maintained a large-cap bias while retaining a sizeable presence in mid and small-cap stocks.