Franklin India Equity Savings Fund
Equity SavingsModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹16.94-0.65%1 day
- Return since launch
- 6.8%
- 52-week range
- ₹16.48 — ₹17.14
- AUM
- ₹587 Cr
Franklin India Equity Savings Fund is a Equity Savings hybrid fund from Franklin Templeton Mutual Fund with ₹587 Cr under management, launched in 2018. Over three years it has returned 4.5% a year, against 7.5% for its category. The expense ratio is 1.61% and the SEBI riskometer reading is Moderate.
Performance
Franklin India Equity Savings Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +2.6% against +2.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.8% | −1.2 pts | 3.0% | 1.5% |
| 2Y | 3.3% | −0.4 pts | 3.6% | 3.0% |
| 3Y | 4.5% | −3.0 pts | 7.5% | 4.3% |
| 5Y | 6.0% | −0.8 pts | 6.8% | 6.1% |
| 7Y | 7.1% | −0.8 pts | 7.9% | 6.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.8% | +0.3 pts | -1.1% | -1.2% |
| 3M | 0.3% | 0.0 pts | 0.4% | 0.1% |
| 6M | 2.0% | −1.5 pts | 3.5% | 2.9% |
| 1Y | 2.6% | −0.5 pts | 3.0% | 2.2% |
| 2Y | 3.5% | +0.3 pts | 3.1% | 2.6% |
| 3Y | 6.4% | −1.2 pts | 7.5% | 6.5% |
| 5Y | 6.0% | −0.8 pts | 6.8% | 5.9% |
| 7Y | 7.5% | −0.8 pts | 8.3% | 7.4% |
Since launch (3 Aug 2018): 6.8%
Calendar-year returns
Category average8.6%
13.2%
3.7%
9.9%
8.8%
5.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.9% | −1.4 pts | 7.3% |
| 2024 | 8.8% | −3.1 pts | 11.9% |
| 2023 | 9.9% | −4.4 pts | 14.3% |
| 2022 | 3.7% | −0.5 pts | 4.2% |
| 2021 | 13.2% | −0.3 pts | 13.6% |
| 2020 | 8.6% | −1.8 pts | 10.5% |
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
1.61%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.00%
- Brokerage
- 0.07%
- Transaction charges
- 0.03%
- Statutory levies
- 0.51%
- Exit load
- For units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Equity Savings 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.
Moderate
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 0.87 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.36 | 0.72 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.46 | 0.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.60 | 6.16 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Franklin India Equity Savings Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity20.2%
- Debt26.7%
- Other53.1%
Market cap split
- Large90.9%
- Mid5.0%
- Small4.1%
- P/E
- 20.41
- P/B
- 2.77
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 55.78% | ₹328 Cr | +152.88% | +147.77% | +145.49% |
| Jubilant Bevco Ltd. | Consumer Staples | 4.43% | ₹26.02 Cr | +4.09% | +3.74% | +3.69% |
| Maharashtra State | Others | 2.79% | ₹16.36 Cr | +2.56% | — | — |
| Embassy Office Parks REIT | Construction | 2.57% | ₹15.07 Cr | +2.42% | +2.25% | +3.86% |
| Bajaj Finance Ltd. | Financial | 1.83% | ₹10.77 Cr | -1.33% | -1.33% | +9.65% |
| Poonawalla Fincorp Ltd. | Financial | 1.74% | ₹10.20 Cr | +1.61% | +1.57% | +1.56% |
| Punjab State | Others | 1.73% | ₹10.16 Cr | +1.65% | +1.52% | — |
| ICICI Bank Ltd. | Financial | 1.52% | ₹8.93 Cr | -4.93% | -4.94% | -4.43% |
| Jubilant Beverages Ltd. | Consumer Staples | 1.52% | ₹8.91 Cr | +1.40% | +1.28% | +1.61% |
| Eternal Ltd. | Services | 1.17% | ₹6.89 Cr | +0.85% | +0.77% | +1.07% |
| TVS Motor Company Ltd - Pref. Shares | Automobile | 1.17% | ₹6.89 Cr | +1.09% | — | — |
| Bharti Airtel Ltd. | Communication | 1.15% | ₹6.73 Cr | -6.11% | -5.74% | -4.36% |
| NTPC Ltd. | Energy | 1.12% | ₹6.58 Cr | -6.59% | -5.92% | -5.18% |
| Infosys Ltd. | Technology | 1.09% | ₹6.42 Cr | +1.06% | -0.04% | -1.78% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.07% | ₹6.31 Cr | +4.05% | -1.92% | -1.92% |
| Reliance Industries Ltd. | Energy | 1.03% | ₹6.05 Cr | -7.34% | -7.10% | -7.09% |
| HDFC Bank Ltd. | Financial | 0.98% | ₹5.77 Cr | +1.72% | -1.41% | -2.08% |
| Axis Bank Ltd. | Financial | 0.92% | ₹5.43 Cr | -10.86% | -10.66% | -8.28% |
| Uttarakhand State | Others | 0.87% | ₹5.12 Cr | +2.40% | +3.84% | — |
| State Bank of India | Financial | 0.82% | ₹4.79 Cr | +0.70% | +0.76% | +0.52% |
| Britannia Industries Ltd. | Consumer Staples | 0.72% | ₹4.20 Cr | +0.67% | +0.71% | — |
| PB Fintech Ltd. | Services | 0.64% | ₹3.75 Cr | — | +0.44% | +0.54% |
| HCL Technologies Ltd. | Technology | 0.63% | ₹3.67 Cr | +0.53% | +0.51% | +0.55% |
| Mahindra & Mahindra Ltd. | Automobile | 0.62% | ₹3.64 Cr | -5.58% | -5.10% | -4.87% |
| Ultratech Cement Ltd. | Materials | 0.57% | ₹3.34 Cr | -1.87% | -1.89% | -1.93% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.57% | ₹3.33 Cr | -1.89% | -1.73% | -1.92% |
| Pine Labs Ltd. | Financial | 0.56% | ₹3.28 Cr | — | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.54% | ₹3.16 Cr | +0.42% | +0.59% | +0.50% |
| Bharat Electronics Ltd. | Capital Goods | 0.54% | ₹3.15 Cr | +0.17% | +0.17% | +0.15% |
| Cipla Ltd. | Healthcare | 0.47% | ₹2.77 Cr | -1.33% | -1.17% | -1.42% |
| Maruti Suzuki India Ltd. | Automobile | 0.46% | ₹2.71 Cr | -0.21% | -0.22% | -0.23% |
| Marico Ltd. | Consumer Staples | 0.46% | ₹2.71 Cr | +0.44% | +0.21% | +0.20% |
| Larsen & Toubro Ltd. | Construction | 0.41% | ₹2.41 Cr | -2.04% | -1.96% | -0.96% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.40% | ₹2.36 Cr | -0.08% | +0.73% | -1.98% |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.34% | ₹1.99 Cr | -5.89% | -4.89% | -5.56% |
| REC Ltd. | Financial | 0.31% | ₹1.83 Cr | +0.28% | +0.42% | -0.27% |
| Asian Paints Ltd. | Materials | 0.23% | ₹1.33 Cr | +0.22% | — | — |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.21% | ₹1.25 Cr | +0.23% | +0.17% | +0.17% |
| JIO Financial Services Ltd. | Financial | 0.01% | ₹0.08 Cr | -3.11% | -3.03% | -1.59% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.01% | ₹0.07 Cr | -0.82% | -0.72% | -0.68% |
| Indus Towers Ltd. | Communication | 0.01% | ₹0.04 Cr | -2.15% | -2.03% | -1.55% |
| Bajaj Finserv Ltd. | Financial | 0.01% | ₹0.04 Cr | -1.34% | -2.06% | -0.73% |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.00% | ₹0.03 Cr | -1.04% | -1.05% | -3.68% |
| Yes Bank Ltd. | Financial | 0.00% | ₹0.01 Cr | -0.19% | — | — |
| GOI | Sovereign | 0.00% | ₹0.01 Cr | +4.15% | +3.95% | +4.04% |
| Bank Of Baroda | Financial | 0.00% | ₹0.00 Cr | -2.30% | +2.51% | -1.87% |
| Godrej Properties Ltd. | Construction | 0.00% | ₹0.00 Cr | -0.98% | -0.88% | -1.01% |
| JSW Steel Ltd. | Metals & Mining | -0.00% | ₹-0.00 Cr | -0.06% | -0.05% | -0.04% |
| Max Financial Services Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.44% | — | — |
| AU Small Finance Bank Ltd. | Financial | -0.00% | ₹-0.01 Cr | -1.12% | — | — |
| SBI Life Insurance Company Ltd. | Insurance | -0.00% | ₹-0.02 Cr | -0.69% | — | — |
| Bandhan Bank Ltd. | Financial | -0.01% | ₹-0.03 Cr | -0.96% | -0.76% | -0.69% |
| Ambuja Cements Ltd. | Materials | -0.01% | ₹-0.04 Cr | -1.11% | -1.14% | -1.32% |
| RBL Bank Ltd. | Financial | -0.01% | ₹-0.07 Cr | -3.14% | -3.14% | — |
| Tata Power Company Ltd. | Energy | -0.01% | ₹-0.08 Cr | -3.08% | -2.54% | -2.58% |
| ITC Ltd. | Consumer Staples | -0.02% | ₹-0.11 Cr | -1.05% | -1.04% | — |
| Titan Company Ltd. | Consumer Discretionary | -0.06% | ₹-0.35 Cr | -5.45% | -5.17% | -2.35% |
| Vodafone Idea Ltd. | Communication | -0.06% | ₹-0.38 Cr | -4.40% | -3.04% | -1.91% |
| Kotak Mahindra Bank Ltd. | Financial | -0.07% | ₹-0.40 Cr | -6.89% | -6.80% | -6.59% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 47.92% | 2.71% | -45.21% |
| GOI | 4.40% | 0.00% | -4.40% |
| Uttarakhand State | 2.59% | 0.87% | -1.72% |
| HDFC Bank Ltd. | 1.80% | 0.98% | -0.82% |
| Maruti Suzuki India Ltd. | 0.60% | -0.12% | -0.71% |
| Mankind Pharma Ltd. | 0.52% | 0.00% | -0.52% |
| Kotak Mahindra Bank Ltd. | -3.62% | -4.00% | -0.38% |
| PB Fintech Ltd. | 0.27% | 0.64% | +0.37% |
| Bharat Electronics Ltd. | 0.17% | 0.54% | +0.37% |
| Tata Steel Ltd. | -0.30% | 0.00% | +0.30% |
| Vodafone Idea Ltd. | -2.12% | -2.42% | -0.30% |
| Titan Company Ltd. | -3.38% | -3.63% | -0.25% |
| Axis Bank Ltd. | -5.38% | -5.60% | -0.23% |
| Hindustan Aeronautics Ltd. | -3.29% | -3.46% | -0.17% |
| NTPC Ltd. | -3.06% | -2.89% | +0.16% |
| Bharti Airtel Ltd. | -3.41% | -3.28% | +0.14% |
| Eternal Ltd. | 1.07% | 1.17% | +0.11% |
| Tata Power Company Ltd. | -1.45% | -1.35% | +0.10% |
| JIO Financial Services Ltd. | -1.73% | -1.63% | +0.10% |
| Pine Labs Ltd. | 0.47% | 0.56% | +0.09% |
| Jubilant Bevco Ltd. | 4.35% | 4.43% | +0.08% |
| RBL Bank Ltd. | -1.76% | -1.82% | -0.06% |
| Embassy Office Parks REIT | 2.52% | 2.57% | +0.04% |
| Larsen & Toubro Ltd. | -1.02% | -1.06% | -0.04% |
| Maharashtra State | 2.75% | 2.79% | +0.03% |
| State Bank of India | 0.78% | 0.82% | +0.03% |
| Hindustan Petroleum Corporation Ltd. | -0.53% | -0.50% | +0.03% |
| TVS Motor Company Ltd - Pref. Shares | 1.14% | 1.17% | +0.03% |
| Bajaj Finance Ltd. | -0.58% | -0.55% | +0.03% |
| Ambuja Cements Ltd. | -0.56% | -0.53% | +0.03% |
| Poonawalla Fincorp Ltd. | 1.71% | 1.74% | +0.03% |
| AU Small Finance Bank Ltd. | -0.62% | -0.65% | -0.03% |
| ITC Ltd. | -0.53% | -0.51% | +0.02% |
| Jubilant Beverages Ltd. | 1.49% | 1.52% | +0.02% |
| Marico Ltd. | 0.48% | 0.46% | -0.02% |
| Punjab State | 1.71% | 1.73% | +0.02% |
| Godrej Properties Ltd. | -0.61% | -0.59% | +0.02% |
| SBI Life Insurance Company Ltd. | -0.37% | -0.35% | +0.02% |
| Infosys Ltd. | 1.08% | 1.09% | +0.02% |
| Cipla Ltd. | -0.74% | -0.72% | +0.02% |
| Mahindra & Mahindra Ltd. | -3.22% | -3.23% | -0.01% |
| Bandhan Bank Ltd. | -0.41% | -0.40% | +0.01% |
| Britannia Industries Ltd. | 0.73% | 0.72% | -0.01% |
| ICICI Bank Ltd. | -0.37% | -0.38% | -0.01% |
| Ultratech Cement Ltd. | -1.00% | -0.99% | +0.01% |
| Max Financial Services Ltd. | -0.20% | -0.21% | -0.01% |
| Bank Of Baroda | -1.08% | -1.07% | +0.01% |
| Cholamandalam Investment and Finance Company Ltd. | 0.53% | 0.54% | +0.01% |
| Reliance Industries Ltd. | -1.89% | -1.89% | -0.01% |
| HCL Technologies Ltd. | 0.63% | 0.63% | -0.01% |
| REC Ltd. | 0.30% | 0.31% | +0.01% |
| Sun Pharmaceutical Industries Ltd. | -0.47% | -0.46% | +0.01% |
| Indus Towers Ltd. | -0.99% | -0.98% | +0.01% |
| Asian Paints Ltd. | 0.23% | 0.23% | -0.01% |
| ICICI Lombard General Insurance Company Ltd. | 0.22% | 0.21% | -0.01% |
| Apollo Hospitals Enterprise Ltd. | -1.25% | -1.25% | 0.00% |
| Bajaj Finserv Ltd. | -0.79% | -0.79% | 0.00% |
| JSW Steel Ltd. | -0.03% | -0.03% | 0.00% |
| Hindustan Unilever Ltd. | -0.04% | -0.04% | 0.00% |
| Yes Bank Ltd. | -0.10% | -0.09% | 0.00% |
| HDFC Life Insurance Co Ltd. | -0.91% | -0.91% | 0.00% |
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 | ₹3,230 Cr | 2.25% | 4.5% | 7.0% | 8.8% |
 Kotak Equity Savings Fund | ₹10,684 Cr | 2.12% | 2.8% | 6.0% | 8.3% |
 Mirae Asset Equity Savings Fund | ₹2,041 Cr | 1.73% | 3.0% | 6.3% | 8.2% |
 Edelweiss Equity Savings Fund | ₹1,660 Cr | 2.15% | 7.6% | 8.5% | 9.4% |
 HSBC Equity Savings Fund | ₹1,475 Cr | 2.46% | 7.4% | 9.1% | 10.8% |
 Baroda BNP Paribas Equity Savings Fund | ₹289 Cr | 2.81% | 1.9% | 5.3% | 7.2% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme intends to generate long-term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments. The Scheme also intends to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies.
Fund managers
- Anuj TagraMr. Anuj Tagra is a graduate of Guru Gobind Singh Indraprastha University and an MBA from Narsee Monjee Institute of Management StudiesPrior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential AMC, Union Bank of India and Fidelity Investments.
- 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.
- Rohan MaruMr. Maru is M.Com and MBA in Finance.Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential Mutual Fund, Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.
- Venkatesh SanjeeviMr. Sanjeevi is a PGDM (IIM- Ahmedabad), CA, B.ComPrior to joining Franklin Templeton Asset Management (India) Pvt. Ltd., he has worked with Pictet Asset Management, London, ICICI Prudential AMC, Edelweiss Asset Mgmt. Ltd., Edelweiss Securities Ltd. and Hindustan Unilever 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 months1.98% absolute | ₹60,000 | ₹61,188 | 1.98% | |
| 1 year2.58% annualised | ₹1,20,000 | ₹1,21,690 | 1.41% | |
| 3 years6.37% annualised | ₹3,60,000 | ₹3,97,645 | 10.46% | |
| 5 years6.00% annualised | ₹6,00,000 | ₹7,01,189 | 16.86% |
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 Equity Savings Fund?
The NAV of Franklin India Equity Savings Fund is ₹16.94 as on 24 Sep 2026.
What is the expense ratio of Franklin India Equity Savings Fund?
The expense ratio of Franklin India Equity Savings Fund is 1.61% per year.
What is the minimum SIP amount for Franklin India Equity Savings Fund?
You can start a SIP in Franklin India Equity Savings Fund with ₹3,000 a month.
What returns has Franklin India Equity Savings Fund given?
Franklin India Equity Savings Fund has returned 1.8% over 1 year, 4.5% over 3 years and 6.0% over 5 years (annualised).
Is there a lock-in or exit load on Franklin India Equity Savings Fund?
Lock-in: None. Exit load: For units in excess of 10% of the investment,1% will be charged for redemption within 12 months..
How risky is Franklin India Equity Savings Fund?
Franklin India Equity Savings Fund is rated Moderate on the SEBI riskometer and belongs to the Equity Savings category.
Which fund house manages Franklin India Equity Savings Fund?
Franklin India Equity Savings Fund is managed by Franklin Templeton Mutual Fund, which runs 38 schemes with ₹1,27,382 Cr under management.