Franklin India Flexi Cap Fund
Flexi CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹1,629.30+0.41%1 day
- Return since launch
- 17.6%
- 52-week range
- ₹1,446.85 — ₹1,687.01
- AUM
- ₹18,188 Cr
Franklin India Flexi Cap Fund is a Flexi Cap equity fund from Franklin Templeton Mutual Fund with ₹18,188 Cr under management, launched in 1994. Over three years it has returned 3.9% a year, against 12.4% for its category. The expense ratio is 1.77% 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 -2.1% against -0.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.2% | +1.4 pts | 2.8% | 6.2% |
| 2Y | 2.3% | −4.1 pts | 6.4% | 4.0% |
| 3Y | 3.9% | −8.5 pts | 12.4% | 4.8% |
| 5Y | 10.1% | +0.2 pts | 9.9% | 9.5% |
| 7Y | 14.1% | +0.7 pts | 13.5% | 11.9% |
| 10Y | 13.7% | +0.3 pts | 13.3% | 11.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 8.7% | +2.9 pts | 5.8% | 5.9% |
| 3M | -0.4% | +0.2 pts | -0.5% | -0.7% |
| 6M | 4.8% | −1.2 pts | 6.0% | 5.4% |
| 1Y | -1.6% | −4.4 pts | 2.8% | -0.3% |
| 2Y | 0.8% | −2.5 pts | 3.3% | 1.6% |
| 3Y | 11.2% | −1.3 pts | 12.4% | 10.9% |
| 5Y | 9.9% | 0.0 pts | 9.9% | 8.7% |
| 7Y | 15.9% | +1.3 pts | 14.6% | 12.6% |
| 10Y | 12.9% | −0.4 pts | 13.3% | 11.4% |
Since launch (19 Sep 1994): 17.6%
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 6 Nov 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 | -0.05 | 5.44 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.92 | 1.01 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.32 | 0.62 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.41 | 0.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.61 | 17.12 | 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 30 Sep 2026
Asset allocation
- Equity94.7%
- Debt0.4%
- Other4.9%
Market cap split
- Large75.5%
- Mid13.6%
- Small10.9%
- P/E
- 22.92
- P/B
- 3.15
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 6.46% | ₹1,175 Cr | +6.34% | +6.11% | +7.78% |
| Axis Bank Ltd. | Financial | 5.27% | ₹959 Cr | +5.56% | +5.28% | +4.05% |
| HDFC Bank Ltd. | Financial | 5.24% | ₹953 Cr | +7.83% | +7.79% | +8.48% |
| Others | Others | 4.85% | ₹883 Cr | +4.14% | +4.95% | +2.89% |
| Larsen & Toubro Ltd. | Construction | 3.82% | ₹695 Cr | +3.97% | +4.26% | +4.12% |
| State Bank of India | Financial | 3.43% | ₹624 Cr | +3.47% | +3.63% | +1.56% |
| Bharti Airtel Ltd. | Communication | 3.32% | ₹603 Cr | +3.25% | +3.69% | +4.50% |
| Eternal Ltd. | Services | 3.20% | ₹582 Cr | +2.58% | +2.45% | +3.23% |
| Kotak Mahindra Bank Ltd. | Financial | 3.12% | ₹567 Cr | +3.02% | +3.00% | +2.56% |
| Mahindra & Mahindra Ltd. | Automobile | 3.09% | ₹561 Cr | +2.72% | +2.88% | +2.92% |
| Reliance Industries Ltd. | Energy | 2.93% | ₹533 Cr | +3.02% | +3.44% | +3.24% |
| Infosys Ltd. | Technology | 2.54% | ₹462 Cr | +2.41% | +3.31% | +3.53% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.52% | ₹459 Cr | +2.53% | +2.50% | +2.32% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 2.34% | ₹426 Cr | +2.81% | +1.97% | +1.26% |
| Marico Ltd. | Consumer Staples | 2.07% | ₹377 Cr | +2.08% | +2.01% | +1.77% |
| Bharat Electronics Ltd. | Capital Goods | 2.02% | ₹368 Cr | +1.96% | +2.14% | +2.00% |
| HCL Technologies Ltd. | Technology | 2.00% | ₹363 Cr | +2.26% | +2.99% | +2.60% |
| Tata Steel Ltd. | Metals & Mining | 1.99% | ₹363 Cr | +1.92% | +2.15% | +1.15% |
| Cipla Ltd. | Healthcare | 1.92% | ₹349 Cr | +1.53% | +1.33% | +1.51% |
| Tata Power Company Ltd. | Energy | 1.90% | ₹346 Cr | +1.93% | +2.08% | +1.90% |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.83% | ₹333 Cr | +1.24% | +0.43% | — |
| Interglobe Aviation Ltd. | Services | 1.81% | ₹330 Cr | +1.82% | +1.47% | +2.06% |
| NTPC Ltd. | Energy | 1.73% | ₹314 Cr | +1.80% | +2.09% | +1.78% |
| Britannia Industries Ltd. | Consumer Staples | 1.58% | ₹287 Cr | +1.54% | +1.59% | +0.66% |
| Grasim Industries Ltd. | Materials | 1.53% | ₹278 Cr | +1.46% | +2.41% | +2.40% |
| Ultratech Cement Ltd. | Materials | 1.40% | ₹255 Cr | +1.36% | +1.43% | — |
| Ashok Leyland Ltd. | Automobile | 1.38% | ₹252 Cr | +1.30% | +1.35% | +1.34% |
| Tube Investments Of India Ltd. | Automobile | 1.34% | ₹243 Cr | +1.61% | +1.47% | +1.31% |
| Trent Ltd. | Services | 1.31% | ₹238 Cr | +1.54% | +1.14% | +1.08% |
| Hindalco Industries Ltd. | Metals & Mining | 1.26% | ₹228 Cr | +1.12% | +1.00% | — |
| Pine Labs Ltd. | Financial | 1.23% | ₹224 Cr | +1.06% | — | — |
| 360 One Wam Ltd. | Financial | 1.22% | ₹222 Cr | +0.74% | — | — |
| Tata Capital Ltd. | Financial | 1.22% | ₹222 Cr | +0.79% | +0.72% | — |
| Meesho Ltd. | Services | 1.21% | ₹220 Cr | — | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 1.17% | ₹212 Cr | +0.99% | — | — |
| Prestige Estates Projects Ltd. | Construction | 1.10% | ₹200 Cr | +1.05% | +0.63% | +1.10% |
| Asian Paints Ltd. | Materials | 1.06% | ₹194 Cr | +1.10% | — | — |
| Exide Industries Ltd. | Capital Goods | 1.05% | ₹190 Cr | +0.99% | — | — |
| Havells India Ltd. | Capital Goods | 1.01% | ₹184 Cr | — | — | — |
| United Spirits Ltd. | Consumer Staples | 0.95% | ₹173 Cr | +0.90% | +1.51% | +2.04% |
| Eris Lifesciences Ltd. | Healthcare | 0.93% | ₹169 Cr | +1.05% | +0.93% | +1.03% |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | 0.92% | ₹168 Cr | +1.07% | +0.95% | +0.85% |
| GE Vernova T&D India Ltd | Capital Goods | 0.81% | ₹147 Cr | — | — | — |
| PG Electroplast Ltd. | Capital Goods | 0.71% | ₹129 Cr | +0.72% | +0.70% | — |
| Shaily Engineering Plastics Ltd. | Materials | 0.65% | ₹119 Cr | — | — | — |
| Medplus Health Services Ltd. | Healthcare | 0.62% | ₹112 Cr | +0.72% | +0.65% | +0.45% |
| SBFC Finance Ltd. | Financial | 0.61% | ₹110 Cr | — | — | — |
| CESC Ltd. | Energy | 0.52% | ₹94.21 Cr | +0.66% | +0.69% | +0.69% |
| PB Fintech Ltd. | Services | 0.51% | ₹93.05 Cr | +0.94% | +1.40% | +1.46% |
| Divi's Laboratories Ltd. | Healthcare | 0.51% | ₹92.92 Cr | — | — | — |
| Intellect Design Arena Ltd. | Technology | 0.46% | ₹84.09 Cr | +0.51% | +0.47% | +0.82% |
| Lemon Tree Hotels Ltd. | Services | 0.44% | ₹80.09 Cr | +0.46% | +0.44% | +0.85% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.32% | ₹57.50 Cr | +0.62% | +1.90% | +1.28% |
| One 97 Communications Ltd. | Services | 0.32% | ₹57.46 Cr | — | — | — |
| Syrma SGS Technology Ltd. | Capital Goods | 0.31% | ₹55.90 Cr | +0.42% | +0.33% | +0.29% |
| Reserve Bank of India | Financial | 0.27% | ₹49.75 Cr | +0.26% | +0.28% | +0.26% |
| Syngene International Ltd. | Healthcare | 0.25% | ₹45.47 Cr | +0.28% | +0.22% | +0.52% |
| Metropolis Healthcare Ltd. | Healthcare | 0.14% | ₹24.80 Cr | +0.16% | — | — |
| TeamLease Services Ltd. | Services | 0.12% | ₹21.08 Cr | +0.15% | +0.13% | +0.19% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | -0.69% | 5.24% | +5.94% |
| Others | 0.69% | 4.85% | +4.16% |
| Meesho Ltd. | 0.00% | 1.21% | +1.21% |
| PB Fintech Ltd. | 1.35% | 0.51% | -0.83% |
| Divi's Laboratories Ltd. | 0.00% | 0.51% | +0.51% |
| Billionbrains Garage Ventures Ltd. | 0.31% | 0.00% | -0.31% |
| HCL Technologies Ltd. | 2.29% | 2.00% | -0.29% |
| SBFC Finance Ltd. | 0.37% | 0.61% | +0.24% |
| ICICI Bank Ltd. | 6.67% | 6.46% | -0.21% |
| Infosys Ltd. | 2.72% | 2.54% | -0.18% |
| Tata Power Company Ltd. | 1.73% | 1.90% | +0.18% |
| Bharti Airtel Ltd. | 3.16% | 3.32% | +0.15% |
| 360 One Wam Ltd. | 1.08% | 1.22% | +0.14% |
| Mahindra & Mahindra Ltd. | 3.22% | 3.09% | -0.14% |
| Tube Investments Of India Ltd. | 1.47% | 1.34% | -0.13% |
| Pine Labs Ltd. | 1.10% | 1.23% | +0.13% |
| State Bank of India | 3.56% | 3.43% | -0.13% |
| Tata Steel Ltd. | 1.87% | 1.99% | +0.12% |
| Eternal Ltd. | 3.08% | 3.20% | +0.12% |
| Kotak Mahindra Bank Ltd. | 3.22% | 3.12% | -0.10% |
| Ashok Leyland Ltd. | 1.48% | 1.38% | -0.10% |
| Tata Capital Ltd. | 1.13% | 1.22% | +0.09% |
| Syrma SGS Technology Ltd. | 0.39% | 0.31% | -0.08% |
| NTPC Ltd. | 1.64% | 1.73% | +0.08% |
| Hindalco Industries Ltd. | 1.18% | 1.26% | +0.08% |
| PG Electroplast Ltd. | 0.78% | 0.71% | -0.07% |
| Kirloskar Oil Engines Ltd. | 2.41% | 2.34% | -0.07% |
| Hindustan Aeronautics Ltd. | 1.76% | 1.83% | +0.06% |
| Apollo Hospitals Enterprise Ltd. | 2.58% | 2.52% | -0.06% |
| Grasim Industries Ltd. | 1.58% | 1.53% | -0.05% |
| Shaily Engineering Plastics Ltd. | 0.61% | 0.65% | +0.05% |
| Marico Ltd. | 2.03% | 2.07% | +0.04% |
| Trent Ltd. | 1.35% | 1.31% | -0.04% |
| Asian Paints Ltd. | 1.10% | 1.06% | -0.04% |
| Larsen & Toubro Ltd. | 3.86% | 3.82% | -0.04% |
| Cipla Ltd. | 1.88% | 1.92% | +0.03% |
| United Spirits Ltd. | 0.98% | 0.95% | -0.03% |
| Havells India Ltd. | 1.04% | 1.01% | -0.03% |
| Reliance Industries Ltd. | 2.96% | 2.93% | -0.03% |
| Ultratech Cement Ltd. | 1.38% | 1.40% | +0.03% |
| Axis Bank Ltd. | 5.24% | 5.27% | +0.03% |
| Interglobe Aviation Ltd. | 1.79% | 1.81% | +0.03% |
| Medplus Health Services Ltd. | 0.59% | 0.62% | +0.02% |
| Lemon Tree Hotels Ltd. | 0.42% | 0.44% | +0.02% |
| Intellect Design Arena Ltd. | 0.48% | 0.46% | -0.02% |
| Reserve Bank of India | 0.26% | 0.27% | +0.02% |
| Kalyan Jewellers India Ltd. | 0.94% | 0.92% | -0.02% |
| Britannia Industries Ltd. | 1.56% | 1.58% | +0.02% |
| Eris Lifesciences Ltd. | 0.94% | 0.93% | -0.01% |
| Prestige Estates Projects Ltd. | 1.09% | 1.10% | +0.01% |
| CESC Ltd. | 0.53% | 0.52% | -0.01% |
| One 97 Communications Ltd. | 0.30% | 0.32% | +0.01% |
| Oil And Natural Gas Corporation Ltd. | 0.30% | 0.32% | +0.01% |
| Syngene International Ltd. | 0.26% | 0.25% | -0.01% |
| GE Vernova T&D India Ltd | 0.80% | 0.81% | +0.01% |
| TeamLease Services Ltd. | 0.12% | 0.12% | -0.01% |
| HDFC Life Insurance Co Ltd. | 0.00% | 0.00% | 0.00% |
| Bharat Petroleum Corporation Ltd. | 1.17% | 1.17% | 0.00% |
| Bharat Electronics Ltd. | 2.03% | 2.02% | 0.00% |
| Exide Industries Ltd. | 1.05% | 1.05% | 0.00% |
| Metropolis Healthcare Ltd. | 0.14% | 0.14% | 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 | ₹26,441 Cr | 2.01% | 15.2% | 10.1% | 15.1% |
 HDFC Flexi Cap Fund | ₹1,08,547 Cr | 1.36% | 10.6% | 9.6% | 15.2% |
 Motilal Oswal Flexi Cap Fund | ₹13,446 Cr | 1.97% | 15.3% | 9.0% | 14.7% |
 Invesco India Flexi Cap Fund | ₹5,488 Cr | 2.08% | 15.3% | 9.7% | — |
 Bank of India Flexi Cap Fund | ₹3,137 Cr | 2.29% | 13.9% | 9.8% | 15.4% |
 ITI Flexi Cap Fund | ₹1,588 Cr | 2.33% | 21.0% | 12.6% | — |
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 months4.80% absolute | ₹60,000 | ₹62,880 | 4.80% | |
| 1 year−1.59% annualised | ₹1,20,000 | ₹1,18,972 | −0.86% | |
| 3 years11.16% annualised | ₹3,60,000 | ₹4,29,224 | 19.23% | |
| 5 years9.91% annualised | ₹6,00,000 | ₹7,78,911 | 29.82% |
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 ₹1,629.30 as on 9 Nov 2026.
What is the expense ratio of Franklin India Flexi Cap Fund?
The expense ratio of Franklin India Flexi Cap Fund is 1.77% 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 4.2% over 1 year, 3.9% over 3 years and 10.1% 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 ₹1,34,155 Cr under management.