Franklin India Focused Equity Fund
- NAV as on 24 Sep 2026
- ₹96.27-3.09%1 day
- Return since launch
- 12.8%
- 52-week range
- ₹93.92 — ₹112.04
- AUM
- ₹11,506 Cr
Franklin India Focused Equity Fund is a Focused equity fund from Franklin Templeton Mutual Fund with ₹11,506 Cr under management, launched in 2007. Over three years it has returned -2.5% a year, against 11.3% for its category. The expense ratio is 1.91% and the SEBI riskometer reading is Very High.
Performance
Franklin India Focused Equity Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -11.4% against +0.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -14.7% | −16.6 pts | 1.9% | 0.8% |
| 2Y | -7.8% | −10.9 pts | 3.1% | 1.9% |
| 3Y | -2.5% | −13.8 pts | 11.3% | 4.6% |
| 5Y | 5.4% | −3.9 pts | 9.3% | 9.1% |
| 7Y | 10.9% | −1.8 pts | 12.7% | 12.0% |
| 10Y | 11.4% | −0.8 pts | 12.3% | 11.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -6.5% | −2.6 pts | -3.9% | -3.9% |
| 3M | -4.6% | −4.7 pts | 0.2% | -0.1% |
| 6M | -1.6% | −11.4 pts | 9.8% | 8.5% |
| 1Y | -11.4% | −13.3 pts | 1.9% | 0.3% |
| 2Y | -8.3% | −6.5 pts | -1.7% | -2.3% |
| 3Y | 6.5% | −4.8 pts | 11.3% | 10.3% |
| 5Y | 8.1% | −1.3 pts | 9.3% | 8.6% |
| 7Y | 13.5% | −0.4 pts | 13.9% | 13.4% |
| 10Y | 11.7% | −0.6 pts | 12.3% | 11.2% |
Since launch (31 May 2007): 12.8%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.1% | −1.0 pts | 6.0% |
| 2024 | 19.7% | −1.1 pts | 20.9% |
| 2023 | 23.5% | −4.2 pts | 27.7% |
| 2022 | 8.9% | +6.5 pts | 2.4% |
| 2021 | 39.4% | +6.2 pts | 33.2% |
| 2020 | 10.9% | −6.7 pts | 17.5% |
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
1.91%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.49%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- 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.
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 | -1.99 | 5.04 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.87 | 0.96 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.29 | 0.74 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.34 | 1.00 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.74 | 15.86 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Franklin India Focused Equity Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity95.9%
- Debt0.2%
- Other3.9%
Market cap split
- Large76.7%
- Mid17.0%
- Small6.3%
- P/E
- 27.15
- P/B
- 3.71
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 8.53% | ₹981 Cr | +7.55% | +7.67% | +9.46% |
| HDFC Bank Ltd. | Financial | 7.95% | ₹915 Cr | +8.42% | +8.93% | +9.47% |
| Axis Bank Ltd. | Financial | 7.34% | ₹845 Cr | +7.44% | +7.42% | +5.54% |
| Eternal Ltd. | Services | 6.70% | ₹771 Cr | +5.24% | +4.77% | +6.02% |
| Reliance Industries Ltd. | Energy | 5.55% | ₹639 Cr | +6.16% | +6.02% | +5.31% |
| Bharti Airtel Ltd. | Communication | 5.51% | ₹634 Cr | +5.70% | +5.42% | +6.01% |
| Tata Consultancy Services Ltd. | Technology | 5.10% | ₹587 Cr | +5.33% | +5.76% | +6.04% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 5.09% | ₹586 Cr | +4.72% | +4.22% | +4.16% |
| PB Fintech Ltd. | Services | 3.95% | ₹455 Cr | +3.64% | +2.93% | +2.60% |
| Others | Others | 3.90% | ₹448 Cr | +4.67% | +3.12% | +4.01% |
| Maruti Suzuki India Ltd. | Automobile | 3.63% | ₹417 Cr | +3.60% | +3.77% | +4.04% |
| Interglobe Aviation Ltd. | Services | 3.48% | ₹400 Cr | +2.94% | +2.98% | +2.53% |
| The Indian Hotels Company Ltd. | Services | 2.76% | ₹317 Cr | — | — | — |
| Sobha Ltd. | Construction | 2.73% | ₹314 Cr | +3.26% | +3.10% | +3.14% |
| Infosys Ltd. | Technology | 2.66% | ₹306 Cr | +2.84% | +2.47% | — |
| Shriram Finance Ltd | Financial | 2.65% | ₹305 Cr | +1.94% | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 2.55% | ₹293 Cr | +1.48% | — | — |
| Kei Industries Ltd. | Capital Goods | 2.49% | ₹287 Cr | +2.34% | +2.41% | +2.22% |
| 360 One Wam Ltd. | Financial | 2.25% | ₹259 Cr | — | — | — |
| Delhivery Ltd. | Services | 2.10% | ₹242 Cr | +2.13% | +1.61% | +1.72% |
| Tata Power Company Ltd. | Energy | 1.96% | ₹226 Cr | +1.43% | — | — |
| company:597 | Consumer Staples | 1.83% | ₹210 Cr | — | — | — |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.75% | ₹202 Cr | +1.48% | +1.67% | — |
| UNO Minda Ltd. | Automobile | 1.66% | ₹191 Cr | — | — | — |
| company:1458 | Capital Goods | 1.40% | ₹161 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.35% | ₹156 Cr | +1.46% | — | — |
| Deepak Nitrite Ltd. | Chemicals | 1.22% | ₹141 Cr | +1.30% | +1.00% | +1.12% |
| HDFC Life Insurance Co Ltd. | Insurance | 1.09% | ₹125 Cr | +2.49% | +2.77% | +2.96% |
| company:505 | Capital Goods | 0.61% | ₹70.52 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.22% | ₹24.77 Cr | +0.22% | +0.20% | +0.20% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 7.44% | 3.90% | -3.55% |
| company:597 | 0.00% | 1.83% | +1.83% |
| company:1458 | 0.00% | 1.40% | +1.40% |
| Tata Steel Ltd. | 1.32% | 0.00% | -1.32% |
| company:505 | 0.00% | 0.61% | +0.61% |
| PB Fintech Ltd. | 3.38% | 3.95% | +0.58% |
| Eternal Ltd. | 6.17% | 6.70% | +0.53% |
| Bharti Airtel Ltd. | 6.00% | 5.51% | -0.48% |
| HDFC Bank Ltd. | 8.38% | 7.95% | -0.44% |
| Axis Bank Ltd. | 6.94% | 7.34% | +0.40% |
| Kei Industries Ltd. | 2.17% | 2.49% | +0.32% |
| The Indian Hotels Company Ltd. | 2.44% | 2.76% | +0.32% |
| APL Apollo Tubes Ltd. | 1.43% | 1.75% | +0.32% |
| Sobha Ltd. | 2.98% | 2.73% | -0.25% |
| Hindustan Unilever Ltd. | 0.21% | 0.00% | -0.21% |
| Maruti Suzuki India Ltd. | 3.81% | 3.63% | -0.18% |
| HDFC Life Insurance Co Ltd. | 1.24% | 1.09% | -0.15% |
| Shriram Finance Ltd | 2.50% | 2.65% | +0.15% |
| Reliance Industries Ltd. | 5.68% | 5.55% | -0.13% |
| UNO Minda Ltd. | 1.54% | 1.66% | +0.13% |
| Somany Ceramics Ltd. | 0.12% | 0.00% | -0.12% |
| Delhivery Ltd. | 2.22% | 2.10% | -0.12% |
| ICICI Bank Ltd. | 8.42% | 8.53% | +0.11% |
| Hindustan Aeronautics Ltd. | 2.46% | 2.55% | +0.08% |
| 360 One Wam Ltd. | 2.17% | 2.25% | +0.08% |
| Tata Consultancy Services Ltd. | 5.02% | 5.10% | +0.07% |
| Deepak Nitrite Ltd. | 1.16% | 1.22% | +0.06% |
| Tata Power Company Ltd. | 2.02% | 1.96% | -0.06% |
| Interglobe Aviation Ltd. | 3.43% | 3.48% | +0.04% |
| Sun Pharmaceutical Industries Ltd. | 5.10% | 5.09% | -0.01% |
| Infosys Ltd. | 2.65% | 2.66% | +0.01% |
| Apollo Hospitals Enterprise Ltd. | 1.36% | 1.35% | -0.01% |
| Reserve Bank of India | 0.22% | 0.22% | 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 | ₹15,674 Cr | 2.10% | 7.1% | 9.5% | 13.9% |
 SBI Focused Fund | ₹51,248 Cr | 1.59% | 9.6% | 12.2% | 13.6% |
 ICICI Prudential Focused Fund | ₹17,949 Cr | 2.15% | -3.5% | 6.9% | 13.4% |
 Invesco India Focused Fund | ₹6,454 Cr | 1.94% | 14.0% | 9.8% | 15.4% |
 Bandhan Focused Fund | ₹2,094 Cr | 2.22% | 10.8% | 9.6% | 13.1% |
 ITI Focused Fund | ₹629 Cr | 2.59% | 4.7% | 9.1% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to achieve capital appreciation through investing predominantly in Indian companies/sectors with high growth rates or potential.
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.
- 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 months−1.63% absolute | ₹60,000 | ₹59,022 | −1.63% | |
| 1 year−11.43% annualised | ₹1,20,000 | ₹1,12,824 | −5.98% | |
| 3 years6.46% annualised | ₹3,60,000 | ₹3,98,212 | 10.61% | |
| 5 years8.08% annualised | ₹6,00,000 | ₹7,41,261 | 23.54% |
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.