Franklin India Large & Mid Cap Fund
Large & MidCapVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹185.35+0.24%1 day
- Return since launch
- 14.7%
- 52-week range
- ₹167.95 — ₹198.34
- AUM
- ₹3,622 Cr
Franklin India Large & Mid Cap Fund is a Large & MidCap equity fund from Franklin Templeton Mutual Fund with ₹3,622 Cr under management, launched in 2005. Over three years it has returned 3.8% a year, against 12.9% for its category. The expense ratio is 2.23% and the SEBI riskometer reading is Very High.
Performance
Franklin India Large & Mid Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -1.3% against -0.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -3.1% | −6.4 pts | 3.3% | -1.3% |
| 2Y | -0.1% | −3.7 pts | 3.5% | 0.9% |
| 3Y | 3.8% | −9.1 pts | 12.9% | 4.3% |
| 5Y | 8.9% | −2.4 pts | 11.3% | 10.2% |
| 7Y | 12.5% | −2.3 pts | 14.8% | 13.8% |
| 10Y | 11.7% | −1.5 pts | 13.2% | 13.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.7% | −1.8 pts | -3.9% | -4.0% |
| 3M | -0.4% | −0.3 pts | -0.0% | -0.5% |
| 6M | 7.8% | −3.5 pts | 11.3% | 9.8% |
| 1Y | -1.2% | −4.5 pts | 3.3% | -0.1% |
| 2Y | -3.3% | −2.1 pts | -1.2% | -2.6% |
| 3Y | 10.5% | −2.5 pts | 12.9% | 11.3% |
| 5Y | 8.6% | −2.7 pts | 11.3% | 10.3% |
| 7Y | 13.1% | −2.7 pts | 15.9% | 15.1% |
| 10Y | 10.7% | −2.5 pts | 13.2% | 12.5% |
Since launch (17 Jan 2005): 14.7%
Calendar-year returns
Category average12.0%
39.1%
-2.8%
27.0%
18.6%
7.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.6% | +2.2 pts | 5.4% |
| 2024 | 18.6% | −6.3 pts | 25.0% |
| 2023 | 27.0% | −4.5 pts | 31.4% |
| 2022 | -2.8% | −5.8 pts | 3.0% |
| 2021 | 39.1% | 0.0 pts | 39.1% |
| 2020 | 12.0% | −5.5 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
2.32%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.65%
- Brokerage
- 0.10%
- Transaction charges
- 0.01%
- Statutory levies
- 0.56%
- 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 Large Midcap 250 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 | 1.34 | 7.31 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.96 | 1.05 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.51 | 0.80 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.72 | 0.99 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.84 | 17.61 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Franklin India Large & Mid Cap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.4%
- Other2.6%
Market cap split
- Large53.1%
- Mid40.3%
- Small6.6%
- P/E
- 30.25
- P/B
- 4.12
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 4.93% | ₹178 Cr | +4.55% | +2.98% | +1.91% |
| Mahindra & Mahindra Ltd. | Automobile | 4.54% | ₹164 Cr | +3.09% | +2.96% | +2.80% |
| Larsen & Toubro Ltd. | Construction | 3.96% | ₹144 Cr | +1.90% | — | — |
| Max Financial Services Ltd. | Financial | 3.68% | ₹133 Cr | +2.05% | +2.18% | +1.87% |
| Eternal Ltd. | Services | 3.33% | ₹121 Cr | +4.00% | +4.55% | +3.07% |
| Kotak Mahindra Bank Ltd. | Financial | 3.27% | ₹119 Cr | +2.88% | +3.04% | +1.81% |
| AU Small Finance Bank Ltd. | Financial | 3.22% | ₹117 Cr | +1.92% | +2.14% | +1.97% |
| Vishal Mega Mart Ltd. | Services | 3.22% | ₹116 Cr | +2.19% | +1.82% | +1.80% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.99% | ₹108 Cr | +1.53% | +2.18% | +2.06% |
| PB Fintech Ltd. | Services | 2.92% | ₹106 Cr | +1.86% | +2.57% | +1.97% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.89% | ₹105 Cr | — | — | +0.50% |
| Marico Ltd. | Consumer Staples | 2.85% | ₹103 Cr | +2.24% | +2.11% | +1.55% |
| Interglobe Aviation Ltd. | Services | 2.82% | ₹102 Cr | +0.99% | — | +2.48% |
| Bharti Airtel Ltd. | Communication | 2.80% | ₹101 Cr | +1.58% | — | — |
| Others | Others | 2.63% | ₹95.44 Cr | +1.20% | +2.82% | +3.47% |
| State Bank of India | Financial | 2.41% | ₹87.45 Cr | +2.22% | +1.98% | +3.48% |
| Swiggy Ltd. | Services | 2.22% | ₹80.32 Cr | +1.82% | +4.01% | +2.20% |
| Tata Motors Ltd. | Automobile | 2.19% | ₹79.50 Cr | +1.38% | — | — |
| Endurance Technologies Ltd. | Automobile | 2.17% | ₹78.51 Cr | +1.68% | +1.61% | +1.69% |
| Infosys Ltd. | Technology | 2.13% | ₹76.99 Cr | +2.07% | +1.57% | +2.80% |
| Hindalco Industries Ltd. | Metals & Mining | 2.07% | ₹74.83 Cr | +1.90% | — | +1.01% |
| Coforge Ltd. | Technology | 1.91% | ₹69.09 Cr | +1.10% | — | — |
| Reliance Industries Ltd. | Energy | 1.90% | ₹68.99 Cr | — | — | — |
| company:4789 | Financial | 1.83% | ₹66.13 Cr | — | — | — |
| JSW Infrastructure Ltd. | Services | 1.69% | ₹61.23 Cr | +1.10% | +0.44% | +0.39% |
| Manipal Health Enterprises Ltd. | Healthcare | 1.65% | ₹59.75 Cr | — | — | — |
| company:5765 | Insurance | 1.60% | ₹58.13 Cr | — | — | — |
| LG Electronics India Ltd. | Consumer Discretionary | 1.59% | ₹57.76 Cr | — | — | — |
| 360 One Wam Ltd. | Financial | 1.59% | ₹57.75 Cr | +1.60% | +2.23% | +2.38% |
| Info Edge (India) Ltd. | Services | 1.59% | ₹57.68 Cr | +1.69% | +1.99% | +3.01% |
| Clean Max Enviro Energy Solutions Ltd. | Energy | 1.58% | ₹57.34 Cr | +1.55% | +1.44% | — |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 1.52% | ₹55.10 Cr | +1.93% | +1.96% | — |
| company:4456 | Metals & Mining | 1.47% | ₹53.40 Cr | — | — | +1.12% |
| company:3914 | Consumer Staples | 1.47% | ₹53.11 Cr | — | — | +1.50% |
| Billionbrains Garage Ventures Ltd. | Financial | 1.37% | ₹49.69 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | 1.37% | ₹49.58 Cr | +2.86% | +3.91% | +1.94% |
| Aadhar Housing Finance Ltd | Financial | 1.26% | ₹45.70 Cr | +1.57% | +1.27% | +1.53% |
| Persistent Systems Ltd. | Technology | 1.21% | ₹43.93 Cr | +2.19% | +1.78% | +1.68% |
| Sona BLW Precision Forgings Ltd. | Automobile | 1.19% | ₹43.03 Cr | +1.15% | +1.95% | +1.31% |
| Oberoi Realty Ltd. | Construction | 1.16% | ₹42.10 Cr | +1.13% | +0.99% | — |
| Godrej Properties Ltd. | Construction | 1.07% | ₹38.93 Cr | +1.00% | — | +1.48% |
| Sagility Ltd. | Services | 1.06% | ₹38.55 Cr | +1.50% | +1.98% | +2.28% |
| Escorts Kubota Ltd. | Automobile | 1.02% | ₹36.81 Cr | — | — | — |
| HCL Technologies Ltd. | Technology | 1.00% | ₹36.31 Cr | +1.27% | +2.85% | +2.90% |
| Tata Power Company Ltd. | Energy | 0.95% | ₹34.42 Cr | +1.23% | +1.58% | +1.52% |
| company:15609 | Capital Goods | 0.94% | ₹33.93 Cr | — | — | — |
| Jubilant Ingrevia Ltd. | Chemicals | 0.92% | ₹33.39 Cr | +0.94% | +0.84% | — |
| Axis Bank Ltd. | Financial | 0.73% | ₹26.28 Cr | +3.95% | +3.89% | — |
| India Shelter Finance Corporation Ltd. | Financial | 0.10% | ₹3.71 Cr | +0.94% | +0.88% | +1.54% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Larsen & Toubro Ltd. | 1.74% | 3.96% | +2.22% |
| company:4789 | 0.00% | 1.83% | +1.83% |
| Axis Bank Ltd. | 2.52% | 0.73% | -1.80% |
| Others | 4.32% | 2.63% | -1.68% |
| State Bank of India | 0.77% | 2.41% | +1.65% |
| company:5765 | 0.00% | 1.60% | +1.60% |
| Ultratech Cement Ltd. | 1.57% | 0.00% | -1.57% |
| Colgate-Palmolive (India) Ltd. | 1.52% | 0.00% | -1.52% |
| company:4456 | 0.00% | 1.47% | +1.47% |
| company:3914 | 0.00% | 1.47% | +1.47% |
| HDB Financial Services Ltd. | 1.42% | 0.00% | -1.42% |
| Apollo Hospitals Enterprise Ltd. | 1.59% | 2.99% | +1.40% |
| Vishal Mega Mart Ltd. | 1.82% | 3.22% | +1.39% |
| ICICI Lombard General Insurance Company Ltd. | 1.26% | 0.00% | -1.26% |
| SRF Ltd. | 1.18% | 0.00% | -1.18% |
| HCL Technologies Ltd. | 2.07% | 1.00% | -1.07% |
| Max Healthcare Institute Ltd. | 0.99% | 0.00% | -0.99% |
| Godrej Agrovet Ltd. | 0.98% | 0.00% | -0.98% |
| ABB India Ltd. | 0.98% | 0.00% | -0.98% |
| company:15609 | 0.00% | 0.94% | +0.94% |
| Delhivery Ltd. | 0.87% | 0.00% | -0.87% |
| Max Financial Services Ltd. | 2.85% | 3.68% | +0.82% |
| India Shelter Finance Corporation Ltd. | 0.85% | 0.10% | -0.75% |
| Bharti Airtel Ltd. | 2.07% | 2.80% | +0.73% |
| PB Fintech Ltd. | 2.22% | 2.92% | +0.70% |
| Coforge Ltd. | 1.27% | 1.91% | +0.64% |
| Brigade Enterprises Ltd. | 0.62% | 0.00% | -0.62% |
| Marico Ltd. | 2.25% | 2.85% | +0.60% |
| Interglobe Aviation Ltd. | 2.25% | 2.82% | +0.58% |
| Manipal Health Enterprises Ltd. | 1.08% | 1.65% | +0.57% |
| Dabur India Ltd. | 0.49% | 0.00% | -0.49% |
| Eternal Ltd. | 3.80% | 3.33% | -0.47% |
| Persistent Systems Ltd. | 1.67% | 1.21% | -0.46% |
| Canara HSBC Life Insurance Company Ltd. | 1.94% | 1.52% | -0.42% |
| Crompton Greaves Consumer Electricals Ltd. | 0.40% | 0.00% | -0.40% |
| Billionbrains Garage Ventures Ltd. | 1.00% | 1.37% | +0.37% |
| Clean Max Enviro Energy Solutions Ltd. | 1.77% | 1.58% | -0.19% |
| Sagility Ltd. | 1.25% | 1.06% | -0.19% |
| Kotak Mahindra Bank Ltd. | 3.09% | 3.27% | +0.19% |
| LG Electronics India Ltd. | 1.42% | 1.59% | +0.18% |
| Tata Motors Ltd. | 2.06% | 2.19% | +0.13% |
| JSW Infrastructure Ltd. | 1.57% | 1.69% | +0.12% |
| Tata Power Company Ltd. | 1.06% | 0.95% | -0.11% |
| Jubilant Ingrevia Ltd. | 1.02% | 0.92% | -0.10% |
| Aadhar Housing Finance Ltd | 1.36% | 1.26% | -0.09% |
| HDFC Bank Ltd. | 1.46% | 1.37% | -0.09% |
| Info Edge (India) Ltd. | 1.51% | 1.59% | +0.09% |
| AU Small Finance Bank Ltd. | 3.15% | 3.22% | +0.08% |
| Reliance Industries Ltd. | 1.98% | 1.90% | -0.07% |
| Torrent Pharmaceuticals Ltd. | 2.96% | 2.89% | -0.07% |
| Godrej Properties Ltd. | 1.14% | 1.07% | -0.06% |
| Mahindra & Mahindra Ltd. | 4.47% | 4.54% | +0.06% |
| Endurance Technologies Ltd. | 2.11% | 2.17% | +0.06% |
| Hindalco Industries Ltd. | 2.01% | 2.07% | +0.06% |
| Swiggy Ltd. | 2.27% | 2.22% | -0.05% |
| Sona BLW Precision Forgings Ltd. | 1.14% | 1.19% | +0.05% |
| Escorts Kubota Ltd. | 1.06% | 1.02% | -0.04% |
| 360 One Wam Ltd. | 1.56% | 1.59% | +0.03% |
| Infosys Ltd. | 2.15% | 2.13% | -0.02% |
| Oberoi Realty Ltd. | 1.15% | 1.16% | +0.01% |
| ICICI Bank Ltd. | 4.93% | 4.93% | 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 | ₹18,618 Cr | 2.09% | 7.9% | 10.7% | 16.2% |
 ICICI Prudential Large & Mid Cap Fund | ₹33,592 Cr | 2.03% | -1.9% | 6.4% | 13.0% |
 Bandhan Large & Mid Cap Fund | ₹21,020 Cr | 2.29% | 2.1% | 8.1% | 15.2% |
 Motilal Oswal Large and Midcap Fund | ₹20,159 Cr | 1.81% | 15.9% | 14.2% | 19.5% |
 Invesco India Large & Mid Cap Fund | ₹12,387 Cr | 1.87% | 12.6% | 13.9% | 18.2% |
 HSBC Large and Mid Cap Fund | ₹5,931 Cr | 2.47% | 10.5% | 10.8% | 14.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide medium to long-term capital appreciation by investing primarily in Large and Mid-cap stocks.
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.
- 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 months7.82% absolute | ₹60,000 | ₹64,692 | 7.82% | |
| 1 year−1.24% annualised | ₹1,20,000 | ₹1,19,197 | −0.67% | |
| 3 years10.46% annualised | ₹3,60,000 | ₹4,24,420 | 17.89% | |
| 5 years8.58% annualised | ₹6,00,000 | ₹7,51,318 | 25.22% |
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 Large & Mid Cap Fund?
The NAV of Franklin India Large & Mid Cap Fund is ₹185.35 as on 25 Sep 2026.
What is the expense ratio of Franklin India Large & Mid Cap Fund?
The expense ratio of Franklin India Large & Mid Cap Fund is 2.23% per year.
What is the minimum SIP amount for Franklin India Large & Mid Cap Fund?
You can start a SIP in Franklin India Large & Mid Cap Fund with ₹3,000 a month.
What returns has Franklin India Large & Mid Cap Fund given?
Franklin India Large & Mid Cap Fund has returned -3.1% over 1 year, 3.8% over 3 years and 8.9% over 5 years (annualised).
Is there a lock-in or exit load on Franklin India Large & Mid Cap Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year.
How risky is Franklin India Large & Mid Cap Fund?
Franklin India Large & Mid Cap Fund is rated Very High on the SEBI riskometer and belongs to the Large & MidCap category.
Which fund house manages Franklin India Large & Mid Cap Fund?
Franklin India Large & Mid Cap Fund is managed by Franklin Templeton Mutual Fund, which runs 38 schemes with ₹1,27,382 Cr under management.