Two of India’s oldest equity schemes - Franklin India Bluechip Fund and Franklin India Prima Fund have completed 25 years of wealth creation. Both these schemes were launched in December 1993.
The fund house has shared three lessons that come out clearly through their journey:
- Successful Investing is not a short-term process. It involves years of following a proven philosophy, rigorous process and continuous refinement.
- Markets keep throwing opportunities; Catch the ones that you are most convinced about. There is nothing wrong in missing a few that are beyond our comprehension.
- Stay disciplined i.e. don’t lose conviction at the wrong moments. More damage can be done when long-held beliefs are traded for short-term gains.
Both the schemes were launched by India’s first private sector fund house Kothari Pioneer Mutual Fund, which was later acquired by Franklin Templeton India.
