Franklin India Flexi Cap Fund
Flexi CapVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹1,546.21+0.13%1 day
- Return since launch
- 17.5%
- 52-week range
- ₹1,446.85 — ₹1,687.01
- AUM
- ₹19,385 Cr
Franklin India Flexi Cap Fund is a Flexi Cap equity fund from Franklin Templeton Mutual Fund with ₹19,385 Cr under management, launched in 1994. Over three years it has returned 1.3% a year, against 11.5% for its category. The expense ratio is 1.76% and the SEBI riskometer reading is Very High.
Performance
Franklin India Flexi Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -3.4% against -0.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -6.7% | −9.5 pts | 2.8% | 0.4% |
| 2Y | -3.1% | −6.4 pts | 3.3% | 1.1% |
| 3Y | 1.3% | −10.2 pts | 11.5% | 3.7% |
| 5Y | 8.8% | −1.0 pts | 9.8% | 9.1% |
| 7Y | 13.5% | +0.3 pts | 13.2% | 11.8% |
| 10Y | 13.0% | +0.2 pts | 12.8% | 11.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.5% | −1.2 pts | -3.3% | -3.2% |
| 3M | -2.7% | −3.6 pts | 0.8% | 0.5% |
| 6M | 4.4% | −7.6 pts | 12.0% | 11.1% |
| 1Y | -3.4% | −6.2 pts | 2.8% | -0.2% |
| 2Y | -4.9% | −3.3 pts | -1.6% | -3.2% |
| 3Y | 9.7% | −1.8 pts | 11.5% | 9.9% |
| 5Y | 10.2% | +0.4 pts | 9.8% | 8.7% |
| 7Y | 15.4% | +1.0 pts | 14.4% | 12.4% |
| 10Y | 12.2% | −0.6 pts | 12.8% | 10.9% |
Since launch (19 Sep 1994): 17.5%
Calendar-year returns
Category average16.0%
40.3%
5.3%
30.8%
21.6%
3.3%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.3% | −0.9 pts | 4.2% |
| 2024 | 21.6% | −0.2 pts | 21.8% |
| 2023 | 30.8% | +1.1 pts | 29.7% |
| 2022 | 5.3% | +3.7 pts | 1.7% |
| 2021 | 40.3% | +5.9 pts | 34.4% |
| 2020 | 16.0% | −3.0 pts | 19.0% |
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
1.77%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.42%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.32%
- 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 | 0.43 | 5.64 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.92 | 1.04 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.48 | 0.74 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.61 | 0.98 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.15 | 17.32 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Franklin India Flexi Cap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity94.6%
- Debt0.4%
- Other5.0%
Market cap split
- Large76.1%
- Mid13.2%
- Small10.7%
- P/E
- 24.29
- P/B
- 3.30
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 6.67% | ₹1,293 Cr | +5.94% | +6.26% | +8.14% |
| HDFC Bank Ltd. | Financial | 5.52% | ₹1,069 Cr | +14.79% | +16.91% | +17.14% |
| Axis Bank Ltd. | Financial | 5.24% | ₹1,016 Cr | +5.45% | +5.63% | +3.77% |
| Others | Others | 5.15% | ₹997 Cr | +18.12% | +16.48% | +16.86% |
| Larsen & Toubro Ltd. | Construction | 3.86% | ₹748 Cr | +4.01% | +4.65% | +4.10% |
| State Bank of India | Financial | 3.56% | ₹690 Cr | +3.34% | +3.99% | +1.45% |
| Mahindra & Mahindra Ltd. | Automobile | 3.22% | ₹624 Cr | +2.77% | +2.79% | +2.75% |
| Kotak Mahindra Bank Ltd. | Financial | 3.22% | ₹623 Cr | +3.04% | +3.15% | +2.54% |
| Bharti Airtel Ltd. | Communication | 3.16% | ₹613 Cr | +3.29% | +3.48% | +4.57% |
| Eternal Ltd. | Services | 3.08% | ₹597 Cr | +2.50% | +2.36% | +3.15% |
| Reliance Industries Ltd. | Energy | 2.96% | ₹574 Cr | +3.16% | +3.20% | +3.03% |
| Infosys Ltd. | Technology | 2.72% | ₹527 Cr | +2.87% | +3.00% | +3.63% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.58% | ₹500 Cr | +2.45% | +2.36% | +2.41% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 2.41% | ₹468 Cr | +2.35% | +1.85% | +1.24% |
| HCL Technologies Ltd. | Technology | 2.29% | ₹444 Cr | +2.56% | +2.52% | +2.76% |
| Marico Ltd. | Consumer Staples | 2.03% | ₹394 Cr | +2.10% | +1.93% | +1.74% |
| Bharat Electronics Ltd. | Capital Goods | 2.03% | ₹393 Cr | +2.00% | +2.13% | +1.85% |
| Cipla Ltd. | Healthcare | 1.88% | ₹365 Cr | +1.42% | +1.31% | +1.61% |
| Tata Steel Ltd. | Metals & Mining | 1.87% | ₹363 Cr | +2.18% | +2.08% | +0.98% |
| Interglobe Aviation Ltd. | Services | 1.79% | ₹346 Cr | +1.53% | +1.78% | +2.10% |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.76% | ₹342 Cr | +1.25% | +0.98% | — |
| Tata Power Company Ltd. | Energy | 1.73% | ₹335 Cr | +2.16% | +1.78% | +1.85% |
| NTPC Ltd. | Energy | 1.64% | ₹318 Cr | +2.00% | +1.92% | +1.73% |
| Grasim Industries Ltd. | Materials | 1.58% | ₹306 Cr | +2.02% | +2.36% | +2.45% |
| Britannia Industries Ltd. | Consumer Staples | 1.56% | ₹303 Cr | +1.43% | +1.58% | — |
| Ashok Leyland Ltd. | Automobile | 1.48% | ₹287 Cr | +1.31% | +1.55% | +1.00% |
| Tube Investments Of India Ltd. | Automobile | 1.47% | ₹285 Cr | +1.71% | +1.44% | +1.27% |
| Ultratech Cement Ltd. | Materials | 1.38% | ₹267 Cr | +1.42% | +1.51% | — |
| Trent Ltd. | Services | 1.35% | ₹261 Cr | +1.36% | +1.20% | +1.16% |
| PB Fintech Ltd. | Services | 1.35% | ₹261 Cr | +1.00% | +1.30% | +1.48% |
| Hindalco Industries Ltd. | Metals & Mining | 1.18% | ₹228 Cr | +1.35% | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 1.17% | ₹227 Cr | +0.59% | — | — |
| Tata Capital Ltd. | Financial | 1.13% | ₹219 Cr | +0.67% | +0.69% | — |
| Pine Labs Ltd. | Financial | 1.10% | ₹214 Cr | — | — | — |
| Asian Paints Ltd. | Materials | 1.10% | ₹214 Cr | +1.15% | — | — |
| Prestige Estates Projects Ltd. | Construction | 1.09% | ₹211 Cr | +0.71% | +0.69% | +1.15% |
| 360 One Wam Ltd. | Financial | 1.08% | ₹209 Cr | +0.60% | — | — |
| Exide Industries Ltd. | Capital Goods | 1.05% | ₹203 Cr | +0.58% | — | — |
| Havells India Ltd. | Capital Goods | 1.04% | ₹202 Cr | — | — | — |
| United Spirits Ltd. | Consumer Staples | 0.98% | ₹190 Cr | +1.27% | +1.67% | +2.31% |
| Eris Lifesciences Ltd. | Healthcare | 0.94% | ₹183 Cr | +1.05% | +0.87% | +1.10% |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | 0.94% | ₹183 Cr | +1.00% | +0.86% | +0.96% |
| GE Vernova T&D India Ltd | Capital Goods | 0.80% | ₹156 Cr | — | — | — |
| PG Electroplast Ltd. | Capital Goods | 0.78% | ₹152 Cr | +0.67% | +0.84% | — |
| Shaily Engineering Plastics Ltd. | Materials | 0.61% | ₹118 Cr | — | — | — |
| Medplus Health Services Ltd. | Healthcare | 0.59% | ₹115 Cr | +0.77% | +0.59% | +0.51% |
| CESC Ltd. | Energy | 0.53% | ₹103 Cr | +0.73% | +0.65% | +0.65% |
| Intellect Design Arena Ltd. | Technology | 0.48% | ₹93.31 Cr | +0.52% | +0.49% | +0.83% |
| Lemon Tree Hotels Ltd. | Services | 0.42% | ₹81.63 Cr | +0.47% | +0.45% | +0.99% |
| Syrma SGS Technology Ltd. | Capital Goods | 0.39% | ₹75.99 Cr | +0.34% | +0.31% | +0.29% |
| SBFC Finance Ltd. | Financial | 0.37% | ₹71.76 Cr | — | — | — |
| company:20319 | Financial | 0.31% | ₹59.81 Cr | — | — | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.30% | ₹59.02 Cr | +0.71% | +1.92% | +0.99% |
| company:17109 | Services | 0.30% | ₹58.80 Cr | — | — | — |
| Syngene International Ltd. | Healthcare | 0.26% | ₹49.89 Cr | +0.29% | +0.22% | +0.53% |
| Reserve Bank of India | Financial | 0.26% | ₹49.54 Cr | +0.27% | +0.25% | +0.26% |
| Metropolis Healthcare Ltd. | Healthcare | 0.14% | ₹26.66 Cr | +0.17% | — | — |
| TeamLease Services Ltd. | Services | 0.12% | ₹23.56 Cr | +0.15% | +0.13% | +0.19% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.00% | ₹0.70 Cr | +0.80% | +0.92% | +0.91% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 7.25% | -0.69% | -7.94% |
| Others | 5.05% | 0.69% | -4.36% |
| Havells India Ltd. | 0.36% | 1.04% | +0.68% |
| HCL Technologies Ltd. | 2.80% | 2.29% | -0.51% |
| Kalyan Jewellers India Ltd. | 1.45% | 0.94% | -0.51% |
| Oil And Natural Gas Corporation Ltd. | 0.63% | 0.30% | -0.32% |
| company:20319 | 0.00% | 0.31% | +0.31% |
| company:17109 | 0.00% | 0.30% | +0.30% |
| GE Vernova T&D India Ltd | 0.51% | 0.80% | +0.29% |
| Eternal Ltd. | 2.82% | 3.08% | +0.26% |
| Bharti Airtel Ltd. | 3.42% | 3.16% | -0.26% |
| Jyothy Labs Ltd. | 0.25% | 0.00% | -0.25% |
| Mahindra & Mahindra Ltd. | 2.97% | 3.22% | +0.25% |
| PB Fintech Ltd. | 1.10% | 1.35% | +0.24% |
| Kotak Mahindra Bank Ltd. | 2.97% | 3.22% | +0.24% |
| Shaily Engineering Plastics Ltd. | 0.37% | 0.61% | +0.24% |
| Axis Bank Ltd. | 5.02% | 5.24% | +0.22% |
| Pine Labs Ltd. | 0.93% | 1.10% | +0.17% |
| Tata Power Company Ltd. | 1.88% | 1.73% | -0.16% |
| Kirloskar Oil Engines Ltd. | 2.56% | 2.41% | -0.14% |
| Bharat Electronics Ltd. | 1.88% | 2.03% | +0.14% |
| SBFC Finance Ltd. | 0.23% | 0.37% | +0.14% |
| Bharat Petroleum Corporation Ltd. | 1.03% | 1.17% | +0.14% |
| Grasim Industries Ltd. | 1.44% | 1.58% | +0.14% |
| State Bank of India | 3.43% | 3.56% | +0.13% |
| ICICI Bank Ltd. | 6.54% | 6.67% | +0.13% |
| Larsen & Toubro Ltd. | 3.73% | 3.86% | +0.13% |
| Marico Ltd. | 2.14% | 2.03% | -0.11% |
| CESC Ltd. | 0.64% | 0.53% | -0.11% |
| Exide Industries Ltd. | 1.16% | 1.05% | -0.11% |
| Tata Capital Ltd. | 1.03% | 1.13% | +0.10% |
| Ashok Leyland Ltd. | 1.39% | 1.48% | +0.09% |
| NTPC Ltd. | 1.73% | 1.64% | -0.09% |
| Cipla Ltd. | 1.80% | 1.88% | +0.08% |
| 360 One Wam Ltd. | 1.01% | 1.08% | +0.07% |
| Hindustan Aeronautics Ltd. | 1.70% | 1.76% | +0.07% |
| Hindalco Industries Ltd. | 1.12% | 1.18% | +0.05% |
| HDFC Life Insurance Co Ltd. | 0.06% | 0.00% | -0.05% |
| Reliance Industries Ltd. | 3.01% | 2.96% | -0.05% |
| Trent Ltd. | 1.40% | 1.35% | -0.05% |
| Ultratech Cement Ltd. | 1.42% | 1.38% | -0.05% |
| Tata Steel Ltd. | 1.91% | 1.87% | -0.04% |
| Britannia Industries Ltd. | 1.60% | 1.56% | -0.04% |
| PG Electroplast Ltd. | 0.82% | 0.78% | -0.04% |
| Eris Lifesciences Ltd. | 0.98% | 0.94% | -0.04% |
| Metropolis Healthcare Ltd. | 0.17% | 0.14% | -0.04% |
| Interglobe Aviation Ltd. | 1.75% | 1.79% | +0.03% |
| Asian Paints Ltd. | 1.13% | 1.10% | -0.03% |
| Infosys Ltd. | 2.69% | 2.72% | +0.03% |
| Medplus Health Services Ltd. | 0.62% | 0.59% | -0.02% |
| Intellect Design Arena Ltd. | 0.51% | 0.48% | -0.02% |
| Tube Investments Of India Ltd. | 1.44% | 1.47% | +0.02% |
| Prestige Estates Projects Ltd. | 1.07% | 1.09% | +0.02% |
| United Spirits Ltd. | 0.99% | 0.98% | -0.01% |
| Syrma SGS Technology Ltd. | 0.41% | 0.39% | -0.01% |
| Syngene International Ltd. | 0.25% | 0.26% | +0.01% |
| Lemon Tree Hotels Ltd. | 0.43% | 0.42% | -0.01% |
| TeamLease Services Ltd. | 0.12% | 0.12% | +0.01% |
| Apollo Hospitals Enterprise Ltd. | 2.58% | 2.58% | 0.00% |
| Reserve Bank of India | 0.26% | 0.26% | 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 | ₹5,332 Cr | 2.22% | 12.8% | 9.8% | 15.4% |
 Motilal Oswal Flexi Cap Fund | ₹14,160 Cr | 2.05% | 12.8% | 9.3% | 14.8% |
 Invesco India Flexi Cap Fund | ₹5,709 Cr | 2.07% | 5.7% | 7.8% | — |
 Bank of India Flexi Cap Fund | ₹2,953 Cr | 2.25% | 14.0% | 10.6% | 16.0% |
 360 ONE FlexiCap Fund | ₹2,250 Cr | 2.38% | 15.0% | 10.0% | — |
 ITI Flexi Cap Fund | ₹1,588 Cr | 2.34% | 16.8% | 11.6% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to provide growth of capital and regular dividend from a portfolio of equity, debt and money market instruments and focusing on wealth creating companies across all sectors and market cap ranges.
Fund managers
- R JanakiramanMr. Janakiraman is a B.E and PGDM (Business Management).Prior to joining Franklin Templeton Investments, he has worked with Indian Syntans Inv. Pvt. Ltd., Citicorp Information Tech Ltd. and UTI Securities Exchange Ltd.
- 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 months4.42% absolute | ₹60,000 | ₹62,652 | 4.42% | |
| 1 year−3.40% annualised | ₹1,20,000 | ₹1,17,813 | −1.82% | |
| 3 years9.70% annualised | ₹3,60,000 | ₹4,19,280 | 16.47% | |
| 5 years10.19% annualised | ₹6,00,000 | ₹7,84,880 | 30.81% |
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 Flexi Cap Fund?
The NAV of Franklin India Flexi Cap Fund is ₹1,546.21 as on 25 Sep 2026.
What is the expense ratio of Franklin India Flexi Cap Fund?
The expense ratio of Franklin India Flexi Cap Fund is 1.76% per year.
What is the minimum SIP amount for Franklin India Flexi Cap Fund?
You can start a SIP in Franklin India Flexi Cap Fund with ₹3,000 a month.
What returns has Franklin India Flexi Cap Fund given?
Franklin India Flexi Cap Fund has returned -6.7% over 1 year, 1.3% over 3 years and 8.8% over 5 years (annualised).
Is there a lock-in or exit load on Franklin India Flexi Cap Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year.
How risky is Franklin India Flexi Cap Fund?
Franklin India Flexi Cap Fund is rated Very High on the SEBI riskometer and belongs to the Flexi Cap category.
Which fund house manages Franklin India Flexi Cap Fund?
Franklin India Flexi Cap Fund is managed by Franklin Templeton Mutual Fund, which runs 38 schemes with ₹1,27,382 Cr under management.