Franklin India Large & Mid Cap Fund
Large & MidCapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹188.85+0.36%1 day
- Return since launch
- 14.5%
- 52-week range
- ₹167.95 — ₹197.92
- AUM
- ₹3,337 Cr
Franklin India Large & Mid Cap Fund is a Large & MidCap equity fund from Franklin Templeton Mutual Fund with ₹3,337 Cr under management, launched in 2005. Over three years it has returned 4.0% a year, against 13.5% for its category. The expense ratio is 2.29% 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 -3.5% against -1.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.1% | −1.3 pts | 2.4% | 4.3% |
| 2Y | 1.8% | −4.2 pts | 6.0% | 3.5% |
| 3Y | 4.0% | −9.4 pts | 13.5% | 5.0% |
| 5Y | 8.9% | −2.0 pts | 10.9% | 10.5% |
| 7Y | 12.3% | −2.6 pts | 14.9% | 13.8% |
| 10Y | 11.7% | −1.8 pts | 13.5% | 13.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 6.3% | +0.3 pts | 6.0% | 6.1% |
| 3M | -3.5% | −2.2 pts | -1.2% | -1.5% |
| 6M | 2.1% | −2.6 pts | 4.6% | 3.7% |
| 1Y | -3.2% | −5.7 pts | 2.4% | -1.1% |
| 2Y | 1.2% | −2.3 pts | 3.6% | 2.1% |
| 3Y | 11.1% | −2.4 pts | 13.5% | 12.1% |
| 5Y | 7.5% | −3.4 pts | 10.9% | 10.0% |
| 7Y | 13.4% | −2.7 pts | 16.0% | 15.1% |
| 10Y | 11.0% | −2.5 pts | 13.5% | 12.9% |
Since launch (17 Jan 2005): 14.5%
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
2.26%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.65%
- Brokerage
- 0.08%
- Transaction charges
- 0.01%
- Statutory levies
- 0.52%
- 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 | 0.22 | 6.58 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.99 | 1.07 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.31 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.44 | 0.83 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.66 | 18.21 | 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 30 Sep 2026
Asset allocation
- Equity96.6%
- Other3.4%
Market cap split
- Large54.2%
- Mid39.4%
- Small6.4%
- P/E
- 27.31
- P/B
- 3.76
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 4.86% | ₹162 Cr | +4.89% | +3.00% | +1.86% |
| Mahindra & Mahindra Ltd. | Automobile | 4.79% | ₹160 Cr | +3.06% | +2.85% | +3.02% |
| Larsen & Toubro Ltd. | Construction | 4.00% | ₹133 Cr | +1.90% | +1.01% | — |
| Kotak Mahindra Bank Ltd. | Financial | 3.53% | ₹118 Cr | +2.89% | +2.86% | +1.86% |
| Max Financial Services Ltd. | Financial | 3.48% | ₹116 Cr | +1.91% | +1.98% | +1.86% |
| Others | Others | 3.44% | ₹115 Cr | +4.30% | +2.61% | +4.30% |
| AU Small Finance Bank Ltd. | Financial | 3.25% | ₹109 Cr | +1.99% | +2.08% | +2.50% |
| Vishal Mega Mart Ltd. | Services | 3.19% | ₹106 Cr | +2.08% | +2.04% | +1.81% |
| Eternal Ltd. | Services | 3.18% | ₹106 Cr | +4.15% | +4.42% | +2.60% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.98% | ₹99.29 Cr | +1.59% | +2.07% | +2.03% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.97% | ₹99.10 Cr | — | — | — |
| Marico Ltd. | Consumer Staples | 2.97% | ₹99.01 Cr | +2.24% | +2.17% | +1.50% |
| Bharti Airtel Ltd. | Communication | 2.94% | ₹98.21 Cr | +2.01% | — | — |
| Interglobe Aviation Ltd. | Services | 2.92% | ₹97.42 Cr | +1.93% | — | +2.48% |
| State Bank of India | Financial | 2.87% | ₹95.82 Cr | +0.80% | +1.79% | +3.81% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 2.62% | ₹87.43 Cr | — | — | +1.19% |
| Coforge Ltd. | Technology | 2.47% | ₹82.43 Cr | +1.12% | +1.02% | — |
| Endurance Technologies Ltd. | Automobile | 2.18% | ₹72.64 Cr | +2.05% | +1.48% | +1.63% |
| Tata Motors Ltd. | Automobile | 2.13% | ₹71.15 Cr | +2.07% | — | — |
| Hindalco Industries Ltd. | Metals & Mining | 2.08% | ₹69.41 Cr | +1.58% | +1.61% | +0.84% |
| HDFC Bank Ltd. | Financial | 2.06% | ₹68.87 Cr | +3.01% | +3.56% | +1.96% |
| Infosys Ltd. | Technology | 2.02% | ₹67.50 Cr | +1.75% | +1.66% | +2.77% |
| Reliance Industries Ltd. | Energy | 1.92% | ₹64.13 Cr | — | — | — |
| PB Fintech Ltd. | Services | 1.80% | ₹60.02 Cr | +1.75% | +2.73% | +1.91% |
| LG Electronics India Ltd. | Consumer Discretionary | 1.76% | ₹58.63 Cr | — | — | — |
| Manipal Health Enterprises Ltd. | Healthcare | 1.66% | ₹55.48 Cr | — | — | — |
| Life Insurance Corporation of India | Insurance | 1.65% | ₹54.95 Cr | — | — | — |
| JSW Infrastructure Ltd. | Services | 1.62% | ₹54.04 Cr | +1.68% | +1.04% | — |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.58% | ₹52.60 Cr | — | — | +1.19% |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 1.57% | ₹52.41 Cr | +1.92% | +2.13% | — |
| Swiggy Ltd. | Services | 1.55% | ₹51.81 Cr | +1.66% | +1.98% | +2.29% |
| 360 One Wam Ltd. | Financial | 1.52% | ₹50.63 Cr | +1.53% | +1.90% | +2.41% |
| Polycab India Ltd. | Capital Goods | 1.48% | ₹49.25 Cr | — | — | — |
| Clean Max Enviro Energy Solutions Ltd. | Energy | 1.47% | ₹48.99 Cr | +1.88% | +1.17% | — |
| Tata Consumer Products Ltd. | Consumer Staples | 1.46% | ₹48.61 Cr | — | — | +1.34% |
| Billionbrains Garage Ventures Ltd. | Financial | 1.43% | ₹47.58 Cr | — | — | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 1.32% | ₹43.93 Cr | +1.15% | +1.47% | +1.35% |
| Aadhar Housing Finance Ltd | Financial | 1.28% | ₹42.56 Cr | +1.66% | +1.59% | +1.56% |
| Persistent Systems Ltd. | Technology | 1.24% | ₹41.45 Cr | +1.35% | +2.27% | +1.54% |
| Oberoi Realty Ltd. | Construction | 1.19% | ₹39.79 Cr | +1.16% | +1.02% | — |
| Tata Power Company Ltd. | Energy | 1.07% | ₹35.61 Cr | +1.11% | +1.75% | +1.59% |
| Escorts Kubota Ltd. | Automobile | 1.00% | ₹33.37 Cr | +1.05% | — | — |
| Jubilant Ingrevia Ltd. | Chemicals | 0.97% | ₹32.31 Cr | +0.87% | +0.86% | — |
| Godrej Properties Ltd. | Construction | 0.94% | ₹31.46 Cr | +1.05% | — | +1.51% |
| Sagility Ltd. | Services | 0.86% | ₹28.77 Cr | +1.18% | +2.02% | +2.23% |
| Info Edge (India) Ltd. | Services | 0.74% | ₹24.64 Cr | +1.63% | +2.06% | +2.93% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| PB Fintech Ltd. | 2.92% | 1.80% | -1.12% |
| HCL Technologies Ltd. | 1.00% | 0.00% | -1.00% |
| Info Edge (India) Ltd. | 1.59% | 0.74% | -0.85% |
| Others | 2.63% | 3.44% | +0.81% |
| Mahindra & Mahindra Financial Services Ltd. | 1.83% | 2.62% | +0.79% |
| Axis Bank Ltd. | 0.73% | 0.00% | -0.73% |
| HDFC Bank Ltd. | 1.37% | 2.06% | +0.70% |
| Swiggy Ltd. | 2.22% | 1.55% | -0.66% |
| Coforge Ltd. | 1.91% | 2.47% | +0.56% |
| Polycab India Ltd. | 0.94% | 1.48% | +0.54% |
| State Bank of India | 2.41% | 2.87% | +0.46% |
| Kotak Mahindra Bank Ltd. | 3.27% | 3.53% | +0.26% |
| Mahindra & Mahindra Ltd. | 4.54% | 4.79% | +0.25% |
| Sagility Ltd. | 1.06% | 0.86% | -0.20% |
| Max Financial Services Ltd. | 3.68% | 3.48% | -0.19% |
| LG Electronics India Ltd. | 1.59% | 1.76% | +0.16% |
| Eternal Ltd. | 3.33% | 3.18% | -0.15% |
| Bharti Airtel Ltd. | 2.80% | 2.94% | +0.15% |
| Godrej Properties Ltd. | 1.07% | 0.94% | -0.13% |
| Sona BLW Precision Forgings Ltd. | 1.19% | 1.32% | +0.13% |
| Tata Power Company Ltd. | 0.95% | 1.07% | +0.12% |
| Marico Ltd. | 2.85% | 2.97% | +0.12% |
| Clean Max Enviro Energy Solutions Ltd. | 1.58% | 1.47% | -0.11% |
| India Shelter Finance Corporation Ltd. | 0.10% | 0.00% | -0.10% |
| Infosys Ltd. | 2.13% | 2.02% | -0.10% |
| APL Apollo Tubes Ltd. | 1.47% | 1.58% | +0.10% |
| Interglobe Aviation Ltd. | 2.82% | 2.92% | +0.10% |
| Torrent Pharmaceuticals Ltd. | 2.89% | 2.97% | +0.08% |
| 360 One Wam Ltd. | 1.59% | 1.52% | -0.08% |
| JSW Infrastructure Ltd. | 1.69% | 1.62% | -0.07% |
| ICICI Bank Ltd. | 4.93% | 4.86% | -0.07% |
| Tata Motors Ltd. | 2.19% | 2.13% | -0.06% |
| Billionbrains Garage Ventures Ltd. | 1.37% | 1.43% | +0.05% |
| Canara HSBC Life Insurance Company Ltd. | 1.52% | 1.57% | +0.05% |
| Jubilant Ingrevia Ltd. | 0.92% | 0.97% | +0.05% |
| Life Insurance Corporation of India | 1.60% | 1.65% | +0.04% |
| Larsen & Toubro Ltd. | 3.96% | 4.00% | +0.04% |
| AU Small Finance Bank Ltd. | 3.22% | 3.25% | +0.03% |
| Oberoi Realty Ltd. | 1.16% | 1.19% | +0.03% |
| Persistent Systems Ltd. | 1.21% | 1.24% | +0.03% |
| Vishal Mega Mart Ltd. | 3.22% | 3.19% | -0.03% |
| Reliance Industries Ltd. | 1.90% | 1.92% | +0.02% |
| Escorts Kubota Ltd. | 1.02% | 1.00% | -0.02% |
| Hindalco Industries Ltd. | 2.07% | 2.08% | +0.01% |
| Aadhar Housing Finance Ltd | 1.26% | 1.28% | +0.01% |
| Manipal Health Enterprises Ltd. | 1.65% | 1.66% | +0.01% |
| Apollo Hospitals Enterprise Ltd. | 2.99% | 2.98% | -0.01% |
| Tata Consumer Products Ltd. | 1.47% | 1.46% | -0.01% |
| Endurance Technologies Ltd. | 2.17% | 2.18% | +0.01% |
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 | ₹12,985 Cr | 2.05% | 11.5% | 10.6% | 16.1% |
 Bandhan Large & Mid Cap Fund | ₹20,650 Cr | 2.25% | 5.6% | 7.9% | 14.9% |
 Motilal Oswal Large and Midcap Fund | ₹19,832 Cr | 1.79% | 13.3% | 12.3% | 18.5% |
 Invesco India Large & Mid Cap Fund | ₹12,439 Cr | 1.85% | 20.3% | 14.9% | 18.9% |
 UTI Large & Mid Cap Fund | ₹6,220 Cr | 1.96% | 4.1% | 6.7% | 13.1% |
 HSBC Large and Mid Cap Fund | ₹5,784 Cr | 2.40% | 14.4% | 11.2% | 15.2% |
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 months2.06% absolute | ₹60,000 | ₹61,236 | 2.06% | |
| 1 year−3.24% annualised | ₹1,20,000 | ₹1,17,915 | −1.74% | |
| 3 years11.12% annualised | ₹3,60,000 | ₹4,28,948 | 19.15% | |
| 5 years7.55% annualised | ₹6,00,000 | ₹7,30,783 | 21.80% |
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 ₹188.85 as on 9 Nov 2026.
What is the expense ratio of Franklin India Large & Mid Cap Fund?
The expense ratio of Franklin India Large & Mid Cap Fund is 2.29% 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 1.1% over 1 year, 4.0% 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 ₹1,34,155 Cr under management.