Franklin India Large Cap Fund
Large CapVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹980.28+0.11%1 day
- Return since launch
- 18.4%
- 52-week range
- ₹924.99 — ₹1,077.68
- AUM
- ₹7,490 Cr
Franklin India Large Cap Fund is a Large Cap equity fund from Franklin Templeton Mutual Fund with ₹7,490 Cr under management, launched in 1993. Over three years it has returned 1.8% a year, against 8.8% for its category. The expense ratio is 2.12% and the SEBI riskometer reading is Very High.
Performance
Franklin India Large Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -3.0% 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 | -6.9% | −4.9 pts | -2.0% | -6.0% |
| 2Y | -2.4% | −1.2 pts | -1.1% | -1.9% |
| 3Y | 1.8% | −6.9 pts | 8.8% | 1.8% |
| 5Y | 6.7% | −0.6 pts | 7.3% | 7.2% |
| 7Y | 10.1% | −0.3 pts | 10.4% | 10.0% |
| 10Y | 10.0% | −0.8 pts | 10.8% | 10.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.5% | −1.5 pts | -4.0% | -4.4% |
| 3M | -1.6% | −0.1 pts | -1.5% | -1.8% |
| 6M | 3.7% | −2.2 pts | 5.9% | 5.1% |
| 1Y | -3.0% | −1.0 pts | -2.0% | -2.6% |
| 2Y | -4.4% | −0.5 pts | -3.9% | -4.2% |
| 3Y | 8.6% | −0.2 pts | 8.8% | 8.7% |
| 5Y | 6.6% | −0.8 pts | 7.3% | 7.2% |
| 7Y | 11.9% | 0.0 pts | 11.9% | 10.9% |
| 10Y | 9.7% | −1.1 pts | 10.8% | 9.9% |
Since launch (30 Oct 1993): 18.4%
Calendar-year returns
Category average13.7%
32.8%
-2.2%
21.7%
16.1%
8.4%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.4% | 0.0 pts | 8.5% |
| 2024 | 16.1% | −0.3 pts | 16.3% |
| 2023 | 21.7% | −3.6 pts | 25.3% |
| 2022 | -2.2% | −5.4 pts | 3.2% |
| 2021 | 32.8% | +5.5 pts | 27.2% |
| 2020 | 13.7% | −1.3 pts | 15.0% |
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
2.16%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.54%
- Brokerage
- 0.09%
- 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 100 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 | 0.70 | 2.62 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.90 | 1.04 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.42 | 0.53 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.56 | 0.70 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.20 | 15.51 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Franklin India Large Cap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.0%
- Debt0.1%
- Other1.9%
Market cap split
- Large90.3%
- Mid9.7%
- P/E
- 24.53
- P/B
- 3.62
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 9.78% | ₹732 Cr | +8.86% | +8.01% | +8.29% |
| Mahindra & Mahindra Ltd. | Automobile | 5.94% | ₹445 Cr | +4.34% | +4.43% | +4.80% |
| Kotak Mahindra Bank Ltd. | Financial | 5.22% | ₹391 Cr | +4.36% | +5.20% | +4.50% |
| HDFC Bank Ltd. | Financial | 5.14% | ₹385 Cr | +6.62% | +7.44% | +6.82% |
| Larsen & Toubro Ltd. | Construction | 5.01% | ₹376 Cr | +3.93% | +2.18% | +3.05% |
| State Bank of India | Financial | 4.81% | ₹360 Cr | +3.17% | +2.61% | +3.46% |
| Bajaj Finserv Ltd. | Financial | 4.47% | ₹335 Cr | +2.02% | — | +0.96% |
| Infosys Ltd. | Technology | 4.24% | ₹317 Cr | +3.94% | +2.42% | +5.09% |
| Eternal Ltd. | Services | 4.02% | ₹301 Cr | +4.80% | +4.92% | +4.87% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 3.99% | ₹299 Cr | +1.49% | +3.33% | +3.92% |
| Reliance Industries Ltd. | Energy | 3.89% | ₹291 Cr | +5.43% | +5.07% | +3.91% |
| Bharti Airtel Ltd. | Communication | 3.73% | ₹279 Cr | +2.32% | — | — |
| SBI Life Insurance Company Ltd. | Insurance | 3.65% | ₹274 Cr | +3.06% | — | — |
| Interglobe Aviation Ltd. | Services | 3.08% | ₹231 Cr | +1.24% | — | +2.73% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 3.08% | ₹230 Cr | +1.22% | +2.19% | +1.64% |
| Hindalco Industries Ltd. | Metals & Mining | 2.88% | ₹216 Cr | +1.96% | +1.01% | — |
| Tata Motors Ltd. | Automobile | 2.13% | ₹159 Cr | +1.32% | +1.66% | — |
| Tata Consumer Products Ltd. | Consumer Staples | 1.94% | ₹145 Cr | +1.44% | — | +1.52% |
| Others | Others | 1.88% | ₹141 Cr | +1.35% | +2.19% | +1.32% |
| PB Fintech Ltd. | Services | 1.83% | ₹137 Cr | +1.46% | +1.48% | — |
| company:5765 | Insurance | 1.78% | ₹133 Cr | — | — | — |
| Vishal Mega Mart Ltd. | Services | 1.72% | ₹129 Cr | +1.04% | +1.17% | — |
| Ultratech Cement Ltd. | Materials | 1.66% | ₹124 Cr | +1.74% | +1.07% | +1.05% |
| company:15609 | Capital Goods | 1.57% | ₹118 Cr | — | — | — |
| Axis Bank Ltd. | Financial | 1.55% | ₹116 Cr | +4.68% | +5.82% | +3.67% |
| Billionbrains Garage Ventures Ltd. | Financial | 1.38% | ₹103 Cr | — | — | — |
| Marico Ltd. | Consumer Staples | 1.20% | ₹89.98 Cr | +0.85% | — | — |
| ABB India Ltd. | Capital Goods | 1.11% | ₹83.31 Cr | +1.26% | +1.95% | — |
| United Spirits Ltd. | Consumer Staples | 1.08% | ₹81.17 Cr | +0.97% | — | — |
| Tata Power Company Ltd. | Energy | 1.05% | ₹78.66 Cr | +1.33% | +1.66% | +1.62% |
| JSW Infrastructure Ltd. | Services | 1.04% | ₹77.56 Cr | +0.88% | — | — |
| Oberoi Realty Ltd. | Construction | 0.96% | ₹71.66 Cr | +1.16% | +0.83% | — |
| Trent Ltd. | Services | 0.95% | ₹71.17 Cr | +0.97% | — | +1.52% |
| company:7041 | Technology | 0.94% | ₹70.15 Cr | — | — | — |
| Swiggy Ltd. | Services | 0.74% | ₹55.58 Cr | +0.94% | +1.42% | +0.99% |
| HCL Technologies Ltd. | Technology | 0.25% | ₹18.68 Cr | +2.16% | +3.92% | +4.27% |
| company:8003 | Construction | 0.18% | ₹13.48 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.13% | ₹9.89 Cr | +0.14% | +0.13% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| State Bank of India | 2.24% | 4.81% | +2.56% |
| Reliance Industries Ltd. | 5.85% | 3.89% | -1.96% |
| Hindustan Unilever Ltd. | 1.80% | 0.00% | -1.80% |
| Apollo Hospitals Enterprise Ltd. | 1.28% | 3.08% | +1.80% |
| company:5765 | 0.00% | 1.78% | +1.78% |
| HCL Technologies Ltd. | 1.98% | 0.25% | -1.73% |
| company:15609 | 0.00% | 1.57% | +1.57% |
| Axis Bank Ltd. | 2.98% | 1.55% | -1.43% |
| Larsen & Toubro Ltd. | 3.62% | 5.01% | +1.39% |
| Cholamandalam Investment and Finance Company Ltd. | 1.26% | 0.00% | -1.26% |
| Divi's Laboratories Ltd. | 1.12% | 0.00% | -1.12% |
| Kotak Mahindra Bank Ltd. | 4.23% | 5.22% | +1.00% |
| Max Healthcare Institute Ltd. | 0.98% | 0.00% | -0.98% |
| company:7041 | 0.00% | 0.94% | +0.94% |
| Vishal Mega Mart Ltd. | 0.87% | 1.72% | +0.85% |
| Endurance Technologies Ltd. | 0.77% | 0.00% | -0.77% |
| HDFC Life Insurance Co Ltd. | 0.77% | 0.00% | -0.77% |
| Interglobe Aviation Ltd. | 2.35% | 3.08% | +0.73% |
| LG Electronics India Ltd. | 0.70% | 0.00% | -0.70% |
| Cognizant Technology Solutions Corp. | 0.51% | 0.00% | -0.51% |
| Billionbrains Garage Ventures Ltd. | 1.00% | 1.38% | +0.38% |
| Marico Ltd. | 0.86% | 1.20% | +0.34% |
| Eternal Ltd. | 4.36% | 4.02% | -0.34% |
| HDFC Bank Ltd. | 5.43% | 5.14% | -0.29% |
| PB Fintech Ltd. | 1.57% | 1.83% | +0.27% |
| Swiggy Ltd. | 0.99% | 0.74% | -0.24% |
| Bharti Airtel Ltd. | 3.51% | 3.73% | +0.22% |
| Mahindra & Mahindra Ltd. | 6.16% | 5.94% | -0.21% |
| company:8003 | 0.00% | 0.18% | +0.18% |
| Tata Motors Ltd. | 1.97% | 2.13% | +0.15% |
| ICICI Bank Ltd. | 9.66% | 9.78% | +0.12% |
| Hindalco Industries Ltd. | 2.77% | 2.88% | +0.12% |
| Tata Power Company Ltd. | 1.15% | 1.05% | -0.10% |
| Others | 1.79% | 1.88% | +0.10% |
| ABB India Ltd. | 1.21% | 1.11% | -0.10% |
| Tata Consumer Products Ltd. | 2.03% | 1.94% | -0.09% |
| JSW Infrastructure Ltd. | 0.95% | 1.04% | +0.08% |
| Ultratech Cement Ltd. | 1.72% | 1.66% | -0.07% |
| Torrent Pharmaceuticals Ltd. | 4.04% | 3.99% | -0.05% |
| Trent Ltd. | 0.99% | 0.95% | -0.04% |
| Oberoi Realty Ltd. | 0.94% | 0.96% | +0.02% |
| United Spirits Ltd. | 1.10% | 1.08% | -0.02% |
| Bajaj Finserv Ltd. | 4.49% | 4.47% | -0.02% |
| SBI Life Insurance Company Ltd. | 3.67% | 3.65% | -0.02% |
| Infosys Ltd. | 4.22% | 4.24% | +0.01% |
| Reserve Bank of India | 0.13% | 0.13% | 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 | ₹1,872 Cr | 2.51% | 0.5% | 4.8% | 9.7% |
 Quant Large Cap Fund | ₹3,651 Cr | 2.93% | 5.8% | 5.4% | — |
 Bandhan Large Cap Fund | ₹2,180 Cr | 2.19% | -3.0% | 4.1% | 9.1% |
 Invesco India Large Cap Fund | ₹2,021 Cr | 2.19% | 2.3% | 6.0% | 10.5% |
 WhiteOak Capital Large Cap Fund | ₹1,276 Cr | 2.48% | -4.5% | 3.7% | — |
 Bank of India Large Cap Fund | ₹231 Cr | 2.75% | 1.9% | 4.9% | 9.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme is to generate long-term capital appreciation by actively managing a portfolio of equity and equity related securities. The Scheme will invest in a range of companies, with a bias towards large cap companies.
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 months3.72% absolute | ₹60,000 | ₹62,232 | 3.72% | |
| 1 year−2.97% annualised | ₹1,20,000 | ₹1,18,087 | −1.59% | |
| 3 years8.61% annualised | ₹3,60,000 | ₹4,12,042 | 14.46% | |
| 5 years6.56% annualised | ₹6,00,000 | ₹7,11,704 | 18.62% |
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 Cap Fund?
The NAV of Franklin India Large Cap Fund is ₹980.28 as on 25 Sep 2026.
What is the expense ratio of Franklin India Large Cap Fund?
The expense ratio of Franklin India Large Cap Fund is 2.12% per year.
What is the minimum SIP amount for Franklin India Large Cap Fund?
You can start a SIP in Franklin India Large Cap Fund with ₹3,000 a month.
What returns has Franklin India Large Cap Fund given?
Franklin India Large Cap Fund has returned -6.9% over 1 year, 1.8% over 3 years and 6.7% over 5 years (annualised).
Is there a lock-in or exit load on Franklin India Large Cap Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year.
How risky is Franklin India Large Cap Fund?
Franklin India Large Cap Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap category.
Which fund house manages Franklin India Large Cap Fund?
Franklin India Large Cap Fund is managed by Franklin Templeton Mutual Fund, which runs 38 schemes with ₹1,27,382 Cr under management.