Franklin India Equity Savings Fund
Equity SavingsLow to ModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹17.27+0.02%1 day
- Return since launch
- 6.9%
- 52-week range
- ₹16.49 — ₹17.27
- AUM
- ₹560 Cr
Franklin India Equity Savings Fund is a Equity Savings hybrid fund from Franklin Templeton Mutual Fund with ₹560 Cr under management, launched in 2018. Over three years it has returned 5.3% a year, against 8.0% for its category. The expense ratio is 1.61% and the SEBI riskometer reading is Low to 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 +3.5% against +2.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.0% | +1.3 pts | 3.8% | 4.5% |
| 2Y | 4.8% | −0.4 pts | 5.2% | 4.4% |
| 3Y | 5.3% | −2.7 pts | 8.0% | 4.9% |
| 5Y | 6.4% | −0.5 pts | 6.9% | 6.4% |
| 7Y | 7.3% | −0.7 pts | 8.0% | 7.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 2.4% | −0.4 pts | 2.8% | 2.7% |
| 3M | 1.1% | +0.3 pts | 0.8% | 0.6% |
| 6M | 3.2% | −0.2 pts | 3.4% | 3.0% |
| 1Y | 3.6% | −0.2 pts | 3.8% | 2.7% |
| 2Y | 4.7% | −0.2 pts | 4.8% | 4.2% |
| 3Y | 6.8% | −1.2 pts | 8.0% | 6.9% |
| 5Y | 5.8% | −1.1 pts | 6.9% | 6.0% |
| 7Y | 7.7% | −0.7 pts | 8.3% | 7.4% |
Since launch (3 Aug 2018): 6.9%
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
1.60%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.00%
- Brokerage
- 0.07%
- Transaction charges
- 0.03%
- Statutory levies
- 0.50%
- 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.
Low to Moderate
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 0.93 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.29 | 0.59 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.37 | 0.72 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.67 | 6.22 | 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 30 Sep 2026
Asset allocation
- Equity19.4%
- Debt23.2%
- Other57.4%
Market cap split
- Large89.5%
- Mid5.9%
- Small4.6%
- P/E
- 19.13
- P/B
- 2.65
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 62.19% | ₹348 Cr | +148.64% | +145.13% | +146.48% |
| Jubilant Bevco Ltd. | Consumer Staples | 4.67% | ₹26.17 Cr | +4.18% | +3.99% | +3.71% |
| Reserve Bank of India | Financial | 2.67% | ₹14.96 Cr | — | — | — |
| Embassy Office Parks REIT | Construction | 2.65% | ₹14.87 Cr | +2.42% | +2.35% | +3.82% |
| Poonawalla Fincorp Ltd. | Financial | 1.83% | ₹10.25 Cr | +1.63% | +1.68% | +1.58% |
| Punjab State | Others | 1.81% | ₹10.12 Cr | +1.69% | +1.61% | — |
| Jubilant Beverages Ltd. | Consumer Staples | 1.60% | ₹8.96 Cr | +1.43% | +1.37% | +1.62% |
| Meesho Ltd. | Services | 1.38% | ₹7.70 Cr | — | — | — |
| Bharti Airtel Ltd. | Communication | 1.26% | ₹7.05 Cr | -6.15% | -5.81% | -4.35% |
| Eternal Ltd. | Services | 1.20% | ₹6.72 Cr | +0.90% | +0.76% | +1.11% |
| NTPC Ltd. | Energy | 1.16% | ₹6.47 Cr | -6.05% | -6.15% | -5.45% |
| ICICI Bank Ltd. | Financial | 1.15% | ₹6.47 Cr | -5.39% | -4.62% | -3.24% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.04% | ₹5.83 Cr | -2.33% | -1.94% | -1.87% |
| Reliance Industries Ltd. | Energy | 1.03% | ₹5.78 Cr | -3.59% | -7.30% | -7.15% |
| HDFC Bank Ltd. | Financial | 1.00% | ₹5.63 Cr | +1.84% | -2.34% | -1.52% |
| Infosys Ltd. | Technology | 1.00% | ₹5.63 Cr | +0.91% | +1.12% | -1.74% |
| Uttarakhand State | Others | 0.91% | ₹5.09 Cr | +2.47% | +2.43% | — |
| Axis Bank Ltd. | Financial | 0.78% | ₹4.37 Cr | -11.33% | -9.56% | -8.96% |
| State Bank of India | Financial | 0.77% | ₹4.34 Cr | +0.75% | +0.70% | +0.57% |
| Britannia Industries Ltd. | Consumer Staples | 0.69% | ₹3.86 Cr | +0.67% | +0.69% | — |
| Mahindra & Mahindra Ltd. | Automobile | 0.67% | ₹3.74 Cr | -5.56% | -5.28% | -5.23% |
| HCL Technologies Ltd. | Technology | 0.62% | ₹3.44 Cr | +0.48% | +0.59% | +0.53% |
| Pine Labs Ltd. | Financial | 0.61% | ₹3.44 Cr | — | — | — |
| Ultratech Cement Ltd. | Materials | 0.59% | ₹3.28 Cr | -1.83% | -1.70% | -1.87% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.58% | ₹3.23 Cr | -1.83% | -1.84% | -1.89% |
| Bharat Electronics Ltd. | Capital Goods | 0.53% | ₹2.95 Cr | +0.17% | +0.16% | +0.16% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.49% | ₹2.75 Cr | +0.49% | +0.58% | +0.56% |
| Cipla Ltd. | Healthcare | 0.47% | ₹2.66 Cr | -1.42% | -1.14% | -1.35% |
| Marico Ltd. | Consumer Staples | 0.46% | ₹2.59 Cr | +0.45% | +0.38% | +0.19% |
| Maruti Suzuki India Ltd. | Automobile | 0.43% | ₹2.39 Cr | -0.23% | -0.20% | -0.25% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.40% | ₹2.25 Cr | -0.08% | -0.08% | -1.87% |
| Larsen & Toubro Ltd. | Construction | 0.40% | ₹2.25 Cr | -2.07% | -1.71% | -0.98% |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.35% | ₹1.95 Cr | -5.99% | -4.65% | -6.11% |
| REC Ltd. | Financial | 0.32% | ₹1.78 Cr | +0.29% | +0.44% | -0.29% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.23% | ₹1.27 Cr | +0.23% | +0.22% | +0.17% |
| Asian Paints Ltd. | Materials | 0.21% | ₹1.20 Cr | +0.21% | — | — |
| Maharashtra State | Others | 0.15% | ₹0.81 Cr | +2.64% | +3.50% | — |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 0.01% | ₹0.05 Cr | — | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 0.00% | ₹0.01 Cr | -7.02% | -6.17% | -6.71% |
| SBI Life Insurance Company Ltd. | Insurance | 0.00% | ₹0.00 Cr | -0.67% | -0.66% | — |
| JIO Financial Services Ltd. | Financial | 0.00% | ₹0.00 Cr | -3.07% | -2.84% | -1.50% |
| Max Financial Services Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.41% | -0.38% | — |
| JSW Steel Ltd. | Metals & Mining | -0.00% | ₹-0.00 Cr | -0.05% | -0.05% | -0.05% |
| Yes Bank Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.20% | -0.14% | — |
| AU Small Finance Bank Ltd. | Financial | -0.00% | ₹-0.00 Cr | -1.18% | -0.94% | — |
| Ambuja Cements Ltd. | Materials | -0.00% | ₹-0.01 Cr | -1.06% | -0.98% | -1.34% |
| Bajaj Finserv Ltd. | Financial | -0.00% | ₹-0.01 Cr | -1.34% | -1.80% | -0.77% |
| ITC Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | -1.05% | -1.02% | — |
| Bandhan Bank Ltd. | Financial | -0.00% | ₹-0.01 Cr | -0.93% | -0.63% | -0.70% |
| Indus Towers Ltd. | Communication | -0.00% | ₹-0.02 Cr | -1.91% | -1.98% | -1.57% |
| Bajaj Finance Ltd. | Financial | -0.00% | ₹-0.02 Cr | -0.98% | -0.76% | +6.49% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | -0.00% | ₹-0.02 Cr | -0.85% | -0.78% | -0.68% |
| Tata Power Company Ltd. | Energy | -0.00% | ₹-0.02 Cr | -2.84% | -2.72% | -2.69% |
| Godrej Properties Ltd. | Construction | -0.00% | ₹-0.02 Cr | -1.04% | -0.79% | -1.03% |
| Hindustan Petroleum Corporation Ltd. | Energy | -0.00% | ₹-0.03 Cr | -1.04% | -0.86% | -4.35% |
| Vodafone Idea Ltd. | Communication | -0.01% | ₹-0.03 Cr | -4.53% | -2.62% | -2.41% |
| Bank Of Baroda | Financial | -0.01% | ₹-0.06 Cr | -2.33% | -2.07% | -2.09% |
| RBL Bank Ltd. | Financial | -0.02% | ₹-0.13 Cr | -3.35% | -3.04% | — |
| Titan Company Ltd. | Consumer Discretionary | -0.03% | ₹-0.17 Cr | -5.88% | -5.16% | -2.19% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 2.71% | 47.93% | +45.22% |
| Reserve Bank of India | 0.00% | 2.67% | +2.67% |
| Maharashtra State | 2.79% | 0.15% | -2.64% |
| Meesho Ltd. | 0.00% | 1.38% | +1.38% |
| company:20133 | 1.17% | 0.00% | -1.17% |
| PB Fintech Ltd. | 0.64% | 0.00% | -0.64% |
| Mahindra & Mahindra Ltd. | -3.23% | -2.96% | +0.27% |
| Jubilant Bevco Ltd. | 4.43% | 4.67% | +0.24% |
| Titan Company Ltd. | -3.63% | -3.40% | +0.23% |
| RBL Bank Ltd. | -1.82% | -2.04% | -0.21% |
| Vodafone Idea Ltd. | -2.42% | -2.24% | +0.18% |
| Tata Power Company Ltd. | -1.35% | -1.45% | -0.10% |
| NTPC Ltd. | -2.89% | -2.99% | -0.10% |
| Kotak Mahindra Bank Ltd. | -4.00% | -4.09% | -0.10% |
| Poonawalla Fincorp Ltd. | 1.74% | 1.83% | +0.09% |
| Embassy Office Parks REIT | 2.57% | 2.65% | +0.09% |
| Infosys Ltd. | 1.09% | 1.00% | -0.09% |
| Godrej Properties Ltd. | -0.59% | -0.51% | +0.09% |
| Jubilant Beverages Ltd. | 1.52% | 1.60% | +0.08% |
| JIO Financial Services Ltd. | -1.63% | -1.55% | +0.08% |
| Punjab State | 1.73% | 1.81% | +0.08% |
| Reliance Industries Ltd. | -1.89% | -1.82% | +0.07% |
| Bajaj Finserv Ltd. | -0.79% | -0.72% | +0.07% |
| Axis Bank Ltd. | -5.60% | -5.67% | -0.07% |
| Hindustan Aeronautics Ltd. | -3.46% | -3.53% | -0.07% |
| Pine Labs Ltd. | 0.56% | 0.61% | +0.05% |
| Apollo Hospitals Enterprise Ltd. | -1.25% | -1.20% | +0.05% |
| Bandhan Bank Ltd. | -0.40% | -0.45% | -0.05% |
| Cholamandalam Investment and Finance Company Ltd. | 0.54% | 0.49% | -0.05% |
| State Bank of India | 0.82% | 0.77% | -0.04% |
| Bharti Airtel Ltd. | -3.28% | -3.24% | +0.04% |
| Uttarakhand State | 0.87% | 0.91% | +0.04% |
| Bajaj Finance Ltd. | -0.55% | -0.52% | +0.03% |
| Larsen & Toubro Ltd. | -1.06% | -1.03% | +0.03% |
| Eternal Ltd. | 1.17% | 1.20% | +0.03% |
| Britannia Industries Ltd. | 0.72% | 0.69% | -0.03% |
| Bank Of Baroda | -1.07% | -1.09% | -0.02% |
| HDFC Bank Ltd. | 0.98% | 1.00% | +0.02% |
| ITC Ltd. | -0.51% | -0.53% | -0.02% |
| Max Financial Services Ltd. | -0.21% | -0.20% | +0.02% |
| ICICI Bank Ltd. | -0.38% | -0.37% | +0.02% |
| Ambuja Cements Ltd. | -0.53% | -0.51% | +0.02% |
| Indus Towers Ltd. | -0.98% | -1.00% | -0.02% |
| AU Small Finance Bank Ltd. | -0.65% | -0.63% | +0.02% |
| ICICI Lombard General Insurance Company Ltd. | 0.21% | 0.23% | +0.01% |
| Ultratech Cement Ltd. | -0.99% | -0.98% | +0.01% |
| Hindustan Petroleum Corporation Ltd. | -0.50% | -0.51% | -0.01% |
| Asian Paints Ltd. | 0.23% | 0.21% | -0.01% |
| HCL Technologies Ltd. | 0.63% | 0.62% | -0.01% |
| Bharat Electronics Ltd. | 0.54% | 0.53% | -0.01% |
| SEDEMAC Mechatronics Ltd. | 0.00% | 0.01% | +0.01% |
| Maruti Suzuki India Ltd. | -0.12% | -0.11% | +0.01% |
| REC Ltd. | 0.31% | 0.32% | +0.01% |
| SBI Life Insurance Company Ltd. | -0.35% | -0.35% | 0.00% |
| Sun Pharmaceutical Industries Ltd. | -0.46% | -0.46% | 0.00% |
| Marico Ltd. | 0.46% | 0.46% | 0.00% |
| Cipla Ltd. | -0.72% | -0.72% | 0.00% |
| Yes Bank Ltd. | -0.09% | -0.09% | 0.00% |
| company:4578 | 0.00% | 0.00% | 0.00% |
| Hindustan Unilever Ltd. | -0.04% | -0.04% | 0.00% |
| HDFC Life Insurance Co Ltd. | -0.91% | -0.91% | 0.00% |
| JSW Steel Ltd. | -0.03% | -0.03% | 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 | ₹3,309 Cr | 2.20% | 7.7% | 7.5% | 9.1% |
 Kotak Equity Savings Fund | ₹10,443 Cr | 2.13% | 3.9% | 5.7% | 8.1% |
 Mirae Asset Equity Savings Fund | ₹1,994 Cr | 1.72% | 7.7% | 7.5% | 8.8% |
 Edelweiss Equity Savings Fund | ₹1,704 Cr | 2.10% | 8.8% | 8.6% | 9.5% |
 HSBC Equity Savings Fund | ₹1,558 Cr | 2.37% | 10.3% | 9.5% | 11.1% |
 Axis Equity Savings Fund | ₹848 Cr | 2.68% | 8.1% | 6.4% | 7.8% |
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 months3.22% absolute | ₹60,000 | ₹61,932 | 3.22% | |
| 1 year3.62% annualised | ₹1,20,000 | ₹1,22,379 | 1.98% | |
| 3 years6.81% annualised | ₹3,60,000 | ₹4,00,423 | 11.23% | |
| 5 years5.82% annualised | ₹6,00,000 | ₹6,97,851 | 16.31% |
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 ₹17.27 as on 9 Nov 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 5.0% over 1 year, 5.3% over 3 years and 6.4% 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 Low to 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 ₹1,34,155 Cr under management.