Franklin India Focused Equity Fund
FocusedVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹102.09+0.13%1 day
- Return since launch
- 12.9%
- 52-week range
- ₹93.16 — ₹111.96
- AUM
- ₹10,410 Cr
Franklin India Focused Equity Fund is a Focused equity fund from Franklin Templeton Mutual Fund with ₹10,410 Cr under management, launched in 2007. Over three years it has returned 0.9% a year, against 12.5% for its category. The expense ratio is 1.93% 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 -7.4% 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 | -0.8% | −4.6 pts | 3.8% | 9.6% |
| 2Y | -1.0% | −8.3 pts | 7.2% | 6.5% |
| 3Y | 0.9% | −11.6 pts | 12.5% | 6.5% |
| 5Y | 7.2% | −2.2 pts | 9.4% | 10.1% |
| 7Y | 11.8% | −1.3 pts | 13.1% | 12.5% |
| 10Y | 12.2% | −0.7 pts | 12.9% | 12.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 8.8% | +1.9 pts | 6.9% | 6.9% |
| 3M | -1.3% | −1.3 pts | -0.0% | 0.5% |
| 6M | 2.0% | −4.9 pts | 6.9% | 6.8% |
| 1Y | -6.8% | −10.6 pts | 3.8% | 2.5% |
| 2Y | -1.5% | −5.1 pts | 3.6% | 3.2% |
| 3Y | 8.5% | −4.0 pts | 12.5% | 11.5% |
| 5Y | 8.1% | −1.3 pts | 9.4% | 8.9% |
| 7Y | 13.8% | −0.1 pts | 13.9% | 13.4% |
| 10Y | 12.1% | −0.7 pts | 12.9% | 12.1% |
Since launch (31 May 2007): 12.9%
Calendar-year returns
Category average10.9%
39.4%
8.9%
23.5%
19.7%
5.1%
Show 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
1.94%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.49%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.39%
- 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 | -2.46 | 5.18 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.89 | 0.92 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.15 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.17 | 0.87 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.48 | 15.56 | 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 30 Sep 2026
Asset allocation
- Equity94.5%
- Debt0.2%
- Other5.3%
Market cap split
- Large74.7%
- Mid16.5%
- Small8.8%
- P/E
- 26.16
- P/B
- 3.35
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 8.57% | ₹892 Cr | +8.14% | +7.60% | +9.09% |
| Axis Bank Ltd. | Financial | 7.65% | ₹797 Cr | +7.67% | +7.04% | +5.98% |
| HDFC Bank Ltd. | Financial | 7.62% | ₹794 Cr | +8.88% | +8.67% | +9.43% |
| Bharti Airtel Ltd. | Communication | 5.91% | ₹615 Cr | +5.68% | +5.82% | +5.95% |
| Eternal Ltd. | Services | 5.84% | ₹608 Cr | +5.45% | +5.02% | +6.22% |
| Reliance Industries Ltd. | Energy | 5.70% | ₹594 Cr | +5.94% | +6.57% | +5.32% |
| Others | Others | 5.29% | ₹550 Cr | +4.60% | +3.87% | +3.65% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 5.15% | ₹536 Cr | +4.82% | +4.84% | +4.15% |
| Tata Consultancy Services Ltd. | Technology | 4.42% | ₹460 Cr | +4.72% | +5.83% | +6.10% |
| Interglobe Aviation Ltd. | Services | 3.66% | ₹381 Cr | +3.53% | +2.76% | +2.73% |
| Maruti Suzuki India Ltd. | Automobile | 3.54% | ₹369 Cr | +3.81% | +3.54% | +4.01% |
| The Indian Hotels Company Ltd. | Services | 3.01% | ₹313 Cr | +1.22% | — | — |
| Sobha Ltd. | Construction | 2.93% | ₹305 Cr | +3.12% | +2.96% | +3.37% |
| Shriram Finance Ltd | Financial | 2.74% | ₹285 Cr | +2.10% | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 2.74% | ₹285 Cr | +1.58% | — | — |
| 360 One Wam Ltd. | Financial | 2.28% | ₹237 Cr | +1.41% | — | — |
| Tata Power Company Ltd. | Energy | 2.24% | ₹233 Cr | +1.93% | — | — |
| Kei Industries Ltd. | Capital Goods | 2.14% | ₹223 Cr | +2.38% | +1.98% | +2.36% |
| Delhivery Ltd. | Services | 2.09% | ₹217 Cr | +2.19% | +1.75% | +1.65% |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.91% | ₹199 Cr | +1.42% | +1.64% | — |
| Britannia Industries Ltd. | Consumer Staples | 1.86% | ₹193 Cr | — | — | — |
| UNO Minda Ltd. | Automobile | 1.80% | ₹187 Cr | — | — | — |
| Bharat Electronics Ltd. | Capital Goods | 1.57% | ₹163 Cr | — | — | — |
| PB Fintech Ltd. | Services | 1.46% | ₹152 Cr | +3.43% | +3.20% | +2.60% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.37% | ₹143 Cr | +1.52% | — | — |
| AIA Engineering Ltd. | Metals & Mining | 1.30% | ₹135 Cr | — | — | — |
| RBL Bank Ltd. | Financial | 1.28% | ₹133 Cr | — | — | — |
| Havells India Ltd. | Capital Goods | 1.17% | ₹122 Cr | — | — | — |
| Pine Labs Ltd. | Financial | 1.06% | ₹110 Cr | — | — | — |
| Physicswallah Ltd. | Services | 0.95% | ₹98.78 Cr | — | — | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 0.53% | ₹55.24 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.24% | ₹24.87 Cr | +0.22% | +0.23% | +0.20% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Infosys Ltd. | 2.66% | 0.00% | -2.66% |
| PB Fintech Ltd. | 3.95% | 1.46% | -2.50% |
| Others | 3.90% | 5.29% | +1.39% |
| AIA Engineering Ltd. | 0.00% | 1.30% | +1.30% |
| RBL Bank Ltd. | 0.00% | 1.28% | +1.28% |
| Deepak Nitrite Ltd. | 1.22% | 0.00% | -1.22% |
| HDFC Life Insurance Co Ltd. | 1.09% | 0.00% | -1.09% |
| Pine Labs Ltd. | 0.00% | 1.06% | +1.06% |
| Bharat Electronics Ltd. | 0.61% | 1.57% | +0.95% |
| Physicswallah Ltd. | 0.00% | 0.95% | +0.95% |
| Eternal Ltd. | 6.70% | 5.84% | -0.86% |
| Tata Consultancy Services Ltd. | 5.10% | 4.42% | -0.68% |
| Lenskart Solutions Ltd. | 0.00% | 0.53% | +0.53% |
| Bharti Airtel Ltd. | 5.51% | 5.91% | +0.40% |
| Kei Industries Ltd. | 2.49% | 2.14% | -0.35% |
| HDFC Bank Ltd. | 7.95% | 7.62% | -0.32% |
| Axis Bank Ltd. | 7.34% | 7.65% | +0.31% |
| Tata Power Company Ltd. | 1.96% | 2.24% | +0.28% |
| The Indian Hotels Company Ltd. | 2.76% | 3.01% | +0.25% |
| Havells India Ltd. | 1.40% | 1.17% | -0.22% |
| Sobha Ltd. | 2.73% | 2.93% | +0.20% |
| Hindustan Aeronautics Ltd. | 2.55% | 2.74% | +0.19% |
| Interglobe Aviation Ltd. | 3.48% | 3.66% | +0.18% |
| APL Apollo Tubes Ltd. | 1.75% | 1.91% | +0.16% |
| Reliance Industries Ltd. | 5.55% | 5.70% | +0.15% |
| UNO Minda Ltd. | 1.66% | 1.80% | +0.13% |
| Maruti Suzuki India Ltd. | 3.63% | 3.54% | -0.09% |
| Shriram Finance Ltd | 2.65% | 2.74% | +0.08% |
| Sun Pharmaceutical Industries Ltd. | 5.09% | 5.15% | +0.06% |
| ICICI Bank Ltd. | 8.53% | 8.57% | +0.04% |
| Britannia Industries Ltd. | 1.83% | 1.86% | +0.03% |
| 360 One Wam Ltd. | 2.25% | 2.28% | +0.03% |
| Reserve Bank of India | 0.22% | 0.24% | +0.02% |
| Apollo Hospitals Enterprise Ltd. | 1.35% | 1.37% | +0.02% |
| Delhivery Ltd. | 2.10% | 2.09% | -0.02% |
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 | ₹20,559 Cr | 1.91% | 14.2% | 10.5% | 14.7% |
 SBI Focused Fund | ₹50,423 Cr | 1.55% | 15.3% | 13.5% | 14.3% |
 HDFC Focused Fund | ₹26,553 Cr | 1.71% | 10.3% | 9.0% | 14.8% |
 ICICI Prudential Focused Fund | ₹17,248 Cr | 2.10% | 8.2% | 9.5% | 14.8% |
 Invesco India Focused Fund | ₹6,486 Cr | 1.92% | 29.2% | 13.0% | 17.6% |
 Bandhan Focused Fund | ₹2,087 Cr | 2.29% | 8.2% | 7.6% | 12.0% |
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 months1.99% absolute | ₹60,000 | ₹61,194 | 1.99% | |
| 1 year−6.82% annualised | ₹1,20,000 | ₹1,15,658 | −3.62% | |
| 3 years8.46% annualised | ₹3,60,000 | ₹4,11,057 | 14.18% | |
| 5 years8.13% annualised | ₹6,00,000 | ₹7,42,259 | 23.71% |
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 Focused Equity Fund?
The NAV of Franklin India Focused Equity Fund is ₹102.09 as on 9 Nov 2026.
What is the expense ratio of Franklin India Focused Equity Fund?
The expense ratio of Franklin India Focused Equity Fund is 1.93% per year.
What is the minimum SIP amount for Franklin India Focused Equity Fund?
You can start a SIP in Franklin India Focused Equity Fund with ₹3,000 a month.
What returns has Franklin India Focused Equity Fund given?
Franklin India Focused Equity Fund has returned -0.8% over 1 year, 0.9% over 3 years and 7.2% over 5 years (annualised).
Is there a lock-in or exit load on Franklin India Focused Equity Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year.
How risky is Franklin India Focused Equity Fund?
Franklin India Focused Equity Fund is rated Very High on the SEBI riskometer and belongs to the Focused category.
Which fund house manages Franklin India Focused Equity Fund?
Franklin India Focused Equity Fund is managed by Franklin Templeton Mutual Fund, which runs 38 schemes with ₹1,34,155 Cr under management.