Franklin India Dividend Yield Fund
Dividend YieldVery HighOPEN-ENDED
- NAV as on 23 Sep 2026
- ₹134.54+0.21%1 day
- Return since launch
- 13.8%
- 52-week range
- ₹126.49 — ₹143.93
- AUM
- ₹2,280 Cr
Franklin India Dividend Yield Fund is a Dividend Yield equity fund from Franklin Templeton Mutual Fund with ₹2,280 Cr under management, launched in 2006. Over three years it has returned 1.6% a year, against 11.4% for its category. The expense ratio is 2.14% and the SEBI riskometer reading is Very High.
Performance
Franklin India Dividend Yield Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -1.6% against -1.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -3.9% | −3.9 pts | 0.0% | -5.2% |
| 2Y | -1.9% | −2.5 pts | 0.6% | -1.7% |
| 3Y | 1.6% | −9.8 pts | 11.4% | 1.7% |
| 5Y | 8.9% | −2.7 pts | 11.6% | 8.7% |
| 7Y | 14.5% | −0.2 pts | 14.7% | 12.7% |
| 10Y | 14.2% | +1.3 pts | 12.9% | 12.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.4% | +2.1 pts | -3.5% | -4.1% |
| 3M | -1.2% | +0.3 pts | -1.5% | -1.4% |
| 6M | 4.3% | −1.0 pts | 5.3% | 4.3% |
| 1Y | -2.0% | −2.0 pts | 0.0% | -2.7% |
| 2Y | -4.9% | −1.4 pts | -3.5% | -5.0% |
| 3Y | 10.5% | −0.9 pts | 11.4% | 9.6% |
| 5Y | 11.6% | +0.1 pts | 11.6% | 9.6% |
| 7Y | 16.6% | +0.4 pts | 16.3% | 14.8% |
| 10Y | 13.6% | +0.6 pts | 12.9% | 12.5% |
Since launch (22 Mar 2006): 13.8%
Calendar-year returns
Category average22.9%
43.1%
5.3%
33.3%
20.2%
1.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 1.7% | −4.6 pts | 6.3% |
| 2024 | 20.2% | −0.3 pts | 20.5% |
| 2023 | 33.3% | −4.2 pts | 37.6% |
| 2022 | 5.3% | +1.4 pts | 3.9% |
| 2021 | 43.1% | +3.3 pts | 39.8% |
| 2020 | 22.9% | +2.5 pts | 20.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.14%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.73%
- Brokerage
- 0.03%
- Transaction charges
- 0.01%
- Statutory levies
- 0.37%
- Exit load
- Exit load of 1% if redeemed within 1 year
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 1.03 | 3.14 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.84 | 0.99 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.48 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.68 | 0.86 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.07 | 15.83 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Franklin India Dividend Yield Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity85.0%
- Other15.0%
Market cap split
- Large78.3%
- Mid9.0%
- Small12.7%
- P/E
- 16.10
- P/B
- 2.63
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| State Bank of India | Financial | 6.04% | ₹138 Cr | +4.99% | +4.99% | +1.50% |
| Others | Others | 4.63% | ₹106 Cr | +2.14% | +4.00% | +5.88% |
| ICICI Bank Ltd. | Financial | 4.46% | ₹102 Cr | +3.80% | — | — |
| HDFC Bank Ltd. | Financial | 4.45% | ₹101 Cr | +4.18% | +4.20% | +4.68% |
| Embassy Office Parks REIT | Construction | 4.17% | ₹94.99 Cr | +3.99% | +3.82% | +3.91% |
| Infosys Ltd. | Technology | 4.15% | ₹94.51 Cr | +3.61% | +3.89% | +4.36% |
| MediaTek (Taiwan) | Capital Goods | 4.14% | ₹94.32 Cr | +4.50% | +1.88% | +1.37% |
| NTPC Ltd. | Energy | 3.81% | ₹86.76 Cr | +4.43% | +5.47% | +5.09% |
| ITC Ltd. | Consumer Staples | 3.25% | ₹74.10 Cr | +2.79% | +1.95% | +3.63% |
| Knowledge Realty Trust | Construction | 2.91% | ₹66.28 Cr | +2.00% | +1.99% | +1.85% |
| Coal India Ltd. | Materials | 2.64% | ₹60.10 Cr | +2.96% | +3.06% | +2.77% |
| Bharat Electronics Ltd. | Capital Goods | 2.64% | ₹60.10 Cr | +2.30% | +3.14% | +2.71% |
| Bharat Petroleum Corporation Ltd. | Energy | 2.54% | ₹58.00 Cr | +1.66% | +1.54% | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 2.35% | ₹53.55 Cr | +2.65% | +3.43% | +3.53% |
| Shriram Finance Ltd | Financial | 2.29% | ₹52.17 Cr | +1.92% | +1.79% | — |
| Unilever PLC - ADR | Consumer Staples | 2.09% | ₹47.68 Cr | +1.79% | +2.15% | +2.09% |
| HDFC Asset Management Company Ltd. | Financial | 2.07% | ₹47.20 Cr | — | — | — |
| NHPC Ltd. | Energy | 2.02% | ₹46.03 Cr | +2.04% | +2.38% | +4.50% |
| HCL Technologies Ltd. | Technology | 2.01% | ₹45.93 Cr | +3.01% | +3.23% | +4.03% |
| Tata Consultancy Services Ltd. | Technology | 2.00% | ₹45.59 Cr | +2.17% | +2.44% | +2.55% |
| Tata Steel Ltd. | Metals & Mining | 1.90% | ₹43.32 Cr | +2.11% | +1.85% | +0.93% |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.90% | ₹43.21 Cr | +1.11% | +0.97% | — |
| Britannia Industries Ltd. | Consumer Staples | 1.84% | ₹42.00 Cr | +1.80% | +1.99% | — |
| CESC Ltd. | Energy | 1.80% | ₹40.92 Cr | +2.20% | +2.77% | +2.77% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.73% | ₹39.35 Cr | +1.86% | +1.94% | +2.30% |
| Indus Towers Ltd. | Communication | 1.71% | ₹38.88 Cr | +1.91% | +1.89% | +1.46% |
| Ajanta Pharma Ltd. | Healthcare | 1.66% | ₹37.82 Cr | +1.33% | +1.30% | — |
| Brookfield India Real Estate Trust REIT | Construction | 1.65% | ₹37.59 Cr | +1.51% | +2.84% | +3.04% |
| Nexus Select Trust | Construction | 1.63% | ₹37.26 Cr | +1.49% | +1.49% | +1.02% |
| JSW Dulux Ltd. | Materials | 1.60% | ₹36.39 Cr | +1.56% | +1.40% | +1.69% |
| Dr. Lal Pathlabs Ltd. | Healthcare | 1.55% | ₹35.39 Cr | +1.55% | — | — |
| Ashok Leyland Ltd. | Automobile | 1.54% | ₹35.13 Cr | +1.34% | +1.75% | +1.10% |
| Angel One Ltd. | Financial | 1.51% | ₹34.43 Cr | +1.02% | +0.97% | +0.48% |
| Yuanta/P-Shares Taiwan Dividend Plus ETF | Others | 1.43% | ₹32.49 Cr | +1.30% | +0.96% | +0.86% |
| Mahanagar Gas Ltd. | Energy | 1.29% | ₹29.41 Cr | +1.30% | +1.39% | +1.35% |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.28% | ₹29.26 Cr | +1.36% | +2.19% | +2.10% |
| Power Grid Corporation Of India Ltd. | Energy | 1.21% | ₹27.67 Cr | +1.32% | — | +2.02% |
| Maruti Suzuki India Ltd. | Automobile | 1.19% | ₹27.09 Cr | +1.13% | +1.48% | +1.85% |
| Chambal Fertilisers and Chemicals Ltd. | Chemicals | 1.04% | ₹23.72 Cr | +1.17% | +1.11% | +1.35% |
| Motherson Sumi Wiring India Ltd. | Automobile | 0.97% | ₹22.07 Cr | +1.01% | — | — |
| Hero Motocorp Ltd. | Automobile | 0.96% | ₹21.80 Cr | +1.16% | +1.30% | — |
| Hyundai Motor (South Korea) | Automobile | 0.92% | ₹21.05 Cr | +1.47% | +1.33% | +0.74% |
| Hon Hai Precision Industry (Taiwan) | Capital Goods | 0.82% | ₹18.77 Cr | +0.94% | +0.73% | +0.63% |
| GAIL (India) Ltd. | Energy | 0.80% | ₹18.35 Cr | +2.11% | +2.09% | +4.33% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.72% | ₹16.51 Cr | +0.85% | +0.75% | — |
| Cognizant Technology Solutions Corp. | Technology | 0.68% | ₹15.55 Cr | +0.58% | +0.62% | +0.70% |
| Procter & Gamble Hygiene and Health Care Ltd. | Consumer Staples | 0.02% | ₹0.49 Cr | +0.73% | +0.82% | +0.24% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| REC Ltd. | 2.11% | 0.00% | -2.11% |
| HCL Technologies Ltd. | 2.93% | 2.01% | -0.91% |
| Knowledge Realty Trust | 2.06% | 2.91% | +0.85% |
| Angel One Ltd. | 0.91% | 1.51% | +0.60% |
| Others | 4.06% | 4.63% | +0.57% |
| MediaTek (Taiwan) | 3.65% | 4.14% | +0.49% |
| Bharat Electronics Ltd. | 2.19% | 2.64% | +0.44% |
| Hero Motocorp Ltd. | 1.29% | 0.96% | -0.33% |
| ITC Ltd. | 2.93% | 3.25% | +0.32% |
| State Bank of India | 5.81% | 6.04% | +0.24% |
| CESC Ltd. | 2.02% | 1.80% | -0.22% |
| HDFC Bank Ltd. | 4.65% | 4.45% | -0.20% |
| NTPC Ltd. | 4.00% | 3.81% | -0.19% |
| Yuanta/P-Shares Taiwan Dividend Plus ETF | 1.26% | 1.43% | +0.17% |
| Shriram Finance Ltd | 2.14% | 2.29% | +0.15% |
| JSW Dulux Ltd. | 1.47% | 1.60% | +0.13% |
| Cognizant Technology Solutions Corp. | 0.58% | 0.68% | +0.10% |
| Hindustan Unilever Ltd. | 1.83% | 1.73% | -0.10% |
| ICICI Bank Ltd. | 4.37% | 4.46% | +0.10% |
| Ashok Leyland Ltd. | 1.44% | 1.54% | +0.10% |
| Motherson Sumi Wiring India Ltd. | 1.06% | 0.97% | -0.09% |
| Oil And Natural Gas Corporation Ltd. | 2.44% | 2.35% | -0.09% |
| Hyundai Motor (South Korea) | 0.84% | 0.92% | +0.08% |
| Power Grid Corporation Of India Ltd. | 1.30% | 1.21% | -0.08% |
| Hindustan Aeronautics Ltd. | 1.82% | 1.90% | +0.08% |
| Ajanta Pharma Ltd. | 1.58% | 1.66% | +0.08% |
| Hindustan Petroleum Corporation Ltd. | 1.36% | 1.28% | -0.07% |
| Crompton Greaves Consumer Electricals Ltd. | 0.79% | 0.72% | -0.07% |
| Chambal Fertilisers and Chemicals Ltd. | 1.10% | 1.04% | -0.06% |
| Unilever PLC - ADR | 2.03% | 2.09% | +0.06% |
| Procter & Gamble Hygiene and Health Care Ltd. | 0.08% | 0.02% | -0.06% |
| Coal India Ltd. | 2.69% | 2.64% | -0.06% |
| Bharat Petroleum Corporation Ltd. | 2.49% | 2.54% | +0.06% |
| Infosys Ltd. | 4.10% | 4.15% | +0.05% |
| Mahanagar Gas Ltd. | 1.34% | 1.29% | -0.05% |
| Maruti Suzuki India Ltd. | 1.24% | 1.19% | -0.05% |
| Tata Consultancy Services Ltd. | 1.95% | 2.00% | +0.05% |
| Embassy Office Parks REIT | 4.12% | 4.17% | +0.04% |
| Britannia Industries Ltd. | 1.88% | 1.84% | -0.04% |
| Tata Steel Ltd. | 1.94% | 1.90% | -0.04% |
| Dr. Lal Pathlabs Ltd. | 1.52% | 1.55% | +0.04% |
| NHPC Ltd. | 2.05% | 2.02% | -0.03% |
| HDFC Asset Management Company Ltd. | 2.05% | 2.07% | +0.02% |
| Nexus Select Trust | 1.61% | 1.63% | +0.02% |
| Hon Hai Precision Industry (Taiwan) | 0.80% | 0.82% | +0.02% |
| Brookfield India Real Estate Trust REIT | 1.63% | 1.65% | +0.02% |
| GAIL (India) Ltd. | 0.82% | 0.80% | -0.01% |
| Indus Towers Ltd. | 1.70% | 1.71% | +0.01% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,775 Cr | 2.27% | -0.6% | 5.2% | 12.0% |
 ICICI Prudential Dividend Yield Fund | ₹6,712 Cr | 1.92% | -9.7% | 2.9% | 11.9% |
 UTI Dividend Yield Fund | ₹3,772 Cr | 1.99% | -6.2% | 3.0% | 10.0% |
 Aditya Birla Sun Life Dividend Yield Fund | ₹1,475 Cr | 2.73% | -0.3% | 3.7% | 11.4% |
 Tata Dividend Yield Fund | ₹1,156 Cr | 2.30% | 5.4% | 7.8% | 12.3% |
 LIC MF Dividend Yield Fund | ₹759 Cr | 2.43% | 7.8% | 8.8% | 14.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield, by using a value strategy.
Fund managers
- Ajay ArgalMr. Argal is a B.Tech from (IIT,Mumbai) & PGDM (IIM,Bangalore).Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd., he has worked with Baring Asset Management (Asia) Ltd., Aditya Birla Sunlife Mutual Fund and UTI AMC where he handled various aspects of investments function including managing offshore funds, equity funds, balanced funds, equity research & equity dealing.
- Rajasa KakulavarapuMs. Kakulavarapu has done B.Tech and MBA.Prior to joining Franklin Templeton Mutual Fund, she has worked with Jefferies India Pvt. Ltd. and Credit Suisse Securities (India) Pvt. Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months4.31% absolute | ₹60,000 | ₹62,586 | 4.31% | |
| 1 year−2.04% annualised | ₹1,20,000 | ₹1,18,682 | −1.10% | |
| 3 years10.53% annualised | ₹3,60,000 | ₹4,24,898 | 18.03% | |
| 5 years11.64% annualised | ₹6,00,000 | ₹8,16,714 | 36.12% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Franklin India Dividend Yield Fund?
The NAV of Franklin India Dividend Yield Fund is ₹134.54 as on 23 Sep 2026.
What is the expense ratio of Franklin India Dividend Yield Fund?
The expense ratio of Franklin India Dividend Yield Fund is 2.14% per year.
What is the minimum SIP amount for Franklin India Dividend Yield Fund?
You can start a SIP in Franklin India Dividend Yield Fund with ₹3,000 a month.
What returns has Franklin India Dividend Yield Fund given?
Franklin India Dividend Yield Fund has returned -3.9% over 1 year, 1.6% over 3 years and 8.9% over 5 years (annualised).
Is there a lock-in or exit load on Franklin India Dividend Yield Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year.
How risky is Franklin India Dividend Yield Fund?
Franklin India Dividend Yield Fund is rated Very High on the SEBI riskometer and belongs to the Dividend Yield category.
Which fund house manages Franklin India Dividend Yield Fund?
Franklin India Dividend Yield Fund is managed by Franklin Templeton Mutual Fund, which runs 38 schemes with ₹1,27,382 Cr under management.