Franklin India Opportunities Fund
Equity OpportunitiesVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹256.34+1.16%1 day
- Return since launch
- 13.1%
- 52-week range
- ₹223.16 — ₹268.99
- AUM
- ₹9,577 Cr
Franklin India Opportunities Fund is a Equity Opportunities equity fund from Franklin Templeton Mutual Fund with ₹9,577 Cr under management, launched in 2000. Over three years it has returned 5.9% a year, against 13.7% for its category. The expense ratio is 2.08% and the SEBI riskometer reading is Very High.
Performance
Franklin India Opportunities Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -2.6% against -2.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 0.9% | −3.3 pts | 4.1% | 5.3% |
| 2Y | 2.6% | −3.2 pts | 5.8% | 3.0% |
| 3Y | 5.9% | −7.8 pts | 13.7% | 3.6% |
| 5Y | 16.1% | +3.3 pts | 12.8% | 9.6% |
| 7Y | 19.0% | +1.0 pts | 18.0% | 12.7% |
| 10Y | 17.3% | +3.4 pts | 13.9% | 11.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | −3.3 pts | 3.8% | 4.8% |
| 3M | -4.4% | −3.4 pts | -1.0% | -0.9% |
| 6M | 2.4% | −3.1 pts | 5.5% | 4.4% |
| 1Y | -1.4% | −5.5 pts | 4.1% | -1.1% |
| 2Y | 1.9% | −0.8 pts | 2.7% | 0.1% |
| 3Y | 17.6% | +3.9 pts | 13.7% | 10.6% |
| 5Y | 14.9% | +2.2 pts | 12.8% | 9.8% |
| 7Y | 19.7% | +1.0 pts | 18.6% | 13.2% |
| 10Y | 15.3% | +1.4 pts | 13.9% | 10.7% |
Since launch (7 Feb 2000): 13.1%
Calendar-year returns
Category average27.3%
29.7%
-1.9%
53.6%
36.9%
3.1%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.1% | −0.1 pts | 3.2% |
| 2024 | 36.9% | +13.7 pts | 23.3% |
| 2023 | 53.6% | +18.3 pts | 35.3% |
| 2022 | -1.9% | −11.5 pts | 9.7% |
| 2021 | 29.7% | −7.3 pts | 37.0% |
| 2020 | 27.3% | +16.0 pts | 11.4% |
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
2.08%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.51%
- Brokerage
- 0.09%
- Transaction charges
- 0.01%
- Statutory levies
- 0.47%
- 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 | 6.98 | 4.41 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.03 | 0.95 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.69 | 0.60 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.94 | 0.81 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 17.71 | 15.52 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Franklin India Opportunities Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity94.8%
- Debt0.7%
- Other4.5%
Market cap split
- Large35.9%
- Mid22.5%
- Small41.7%
- P/E
- 31.97
- P/B
- 4.20
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Hindustan Aeronautics Ltd. | Capital Goods | 6.74% | ₹645 Cr | +6.15% | +2.45% | — |
| TBO Tek Ltd. | Services | 4.98% | ₹477 Cr | — | — | — |
| Others | Others | 4.47% | ₹429 Cr | +8.25% | +3.15% | +6.96% |
| Syrma SGS Technology Ltd. | Capital Goods | 4.45% | ₹427 Cr | +3.52% | +2.07% | +2.09% |
| Mankind Pharma Ltd. | Healthcare | 3.98% | ₹381 Cr | +3.15% | +1.55% | +1.46% |
| Amphenol Corp | Capital Goods | 3.95% | ₹379 Cr | +4.26% | +3.67% | +2.20% |
| APL Apollo Tubes Ltd. | Metals & Mining | 3.80% | ₹364 Cr | +3.24% | +3.30% | +2.24% |
| TVS Motor Company Ltd. | Automobile | 3.18% | ₹305 Cr | +2.79% | +1.25% | +1.25% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 3.10% | ₹297 Cr | +3.31% | +2.26% | +1.19% |
| Finolex Cables Ltd. | Capital Goods | 2.97% | ₹285 Cr | +2.50% | +0.79% | +0.75% |
| AIA Engineering Ltd. | Metals & Mining | 2.83% | ₹271 Cr | +3.55% | +2.58% | — |
| One 97 Communications Ltd. | Services | 2.80% | ₹268 Cr | — | — | — |
| Shriram Finance Ltd | Financial | 2.72% | ₹261 Cr | +4.20% | +3.77% | — |
| Reliance Industries Ltd. | Energy | 2.67% | ₹256 Cr | +4.32% | +3.74% | +4.34% |
| Aster DM Quality Care Ltd. | Healthcare | 2.57% | ₹246 Cr | +1.96% | +2.03% | +2.41% |
| Asian Paints Ltd. | Materials | 2.55% | ₹245 Cr | +2.92% | — | — |
| NTPC Ltd. | Energy | 2.52% | ₹241 Cr | +2.90% | +5.00% | +2.78% |
| Ujjivan Small Finance Bank Ltd. | Financial | 2.36% | ₹226 Cr | +1.74% | +1.73% | +0.96% |
| Metropolis Healthcare Ltd. | Healthcare | 2.29% | ₹219 Cr | +1.48% | +1.44% | +1.70% |
| Akums Drugs And Pharmaceuticals Ltd. | Healthcare | 2.17% | ₹207 Cr | +1.72% | +1.56% | +1.44% |
| Axis Bank Ltd. | Financial | 2.09% | ₹200 Cr | +2.39% | +6.05% | +4.30% |
| HDFC Bank Ltd. | Financial | 1.99% | ₹191 Cr | +2.95% | +2.71% | +5.01% |
| State Bank of India | Financial | 1.98% | ₹190 Cr | +5.07% | +3.84% | — |
| IDFC First Bank Ltd. | Financial | 1.47% | ₹141 Cr | +2.24% | +2.01% | +1.38% |
| SKF India (Industrial) Ltd. | Capital Goods | 1.40% | ₹134 Cr | +1.52% | +0.67% | — |
| Hyundai Motor India Ltd. | Automobile | 1.37% | ₹131 Cr | — | — | — |
| Piramal Pharma Ltd. | Healthcare | 1.33% | ₹127 Cr | +1.13% | +1.11% | +0.63% |
| SBI Life Insurance Company Ltd. | Insurance | 1.31% | ₹126 Cr | +1.43% | — | — |
| Sudarshan Chemical Industries Ltd. | Chemicals | 1.25% | ₹120 Cr | +1.43% | +1.48% | +2.46% |
| Pricol Ltd. | Automobile | 1.22% | ₹117 Cr | +1.02% | +1.06% | +1.08% |
| Tata Communications Ltd. | Communication | 1.21% | ₹116 Cr | +1.57% | +1.30% | +1.19% |
| Honeywell Automation India Ltd. | Capital Goods | 1.21% | ₹116 Cr | +0.70% | — | — |
| Sundram Fasteners Ltd. | Capital Goods | 1.16% | ₹111 Cr | — | — | — |
| CE Info Systems Ltd. | Technology | 1.13% | ₹108 Cr | +0.56% | +0.67% | +1.78% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 1.06% | ₹102 Cr | — | — | — |
| Aavas Financiers Ltd. | Financial | 1.04% | ₹99.38 Cr | — | — | — |
| Affle 3I Ltd. | Technology | 1.00% | ₹95.95 Cr | +1.20% | +1.48% | — |
| Lemon Tree Hotels Ltd. | Services | 0.98% | ₹93.85 Cr | +1.14% | +1.19% | +2.75% |
| Physicswallah Ltd. | Services | 0.97% | ₹92.84 Cr | — | — | — |
| Data Patterns (India) Ltd. | Capital Goods | 0.93% | ₹89.40 Cr | — | — | — |
| Interglobe Aviation Ltd. | Services | 0.92% | ₹88.35 Cr | +1.38% | +1.23% | +1.70% |
| PB Fintech Ltd. | Services | 0.88% | ₹83.80 Cr | +1.92% | +2.05% | +1.83% |
| Zensar Technologies Ltd. | Technology | 0.81% | ₹78.01 Cr | +0.50% | +0.73% | +0.77% |
| Emmvee Photovoltaic Power Ltd. | Energy | 0.78% | ₹74.59 Cr | +0.88% | — | — |
| Timken India Ltd. | Capital Goods | 0.76% | ₹72.82 Cr | — | — | — |
| IIFL Finance Ltd. | Financial | 0.73% | ₹69.54 Cr | +0.79% | +0.73% | — |
| Manipal Health Enterprises Ltd. | Healthcare | 0.71% | ₹67.75 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.52% | ₹49.75 Cr | +0.27% | +0.33% | +0.32% |
| Intellect Design Arena Ltd. | Technology | 0.45% | ₹43.19 Cr | +0.90% | +0.91% | +1.44% |
| Eris Lifesciences Ltd. | Healthcare | 0.02% | ₹2.10 Cr | +1.12% | +1.23% | +0.96% |
| Artemis Medicare Services Ltd. | Healthcare | 0.00% | ₹0.21 Cr | — | — | — |
| Five-Star Business Finance Ltd. | Financial | 0.00% | ₹0.00 Cr | — | — | — |
| Chennai Interactive Business Services | Services | 0.00% | ₹0.00 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 10.22% | 4.47% | -5.74% |
| State Bank of India | 0.00% | 1.98% | +1.98% |
| Ujjivan Small Finance Bank Ltd. | 1.04% | 2.36% | +1.32% |
| PB Fintech Ltd. | 2.10% | 0.88% | -1.22% |
| One 97 Communications Ltd. | 1.62% | 2.80% | +1.18% |
| Lenskart Solutions Ltd. | 0.00% | 1.06% | +1.06% |
| Aavas Financiers Ltd. | 0.00% | 1.04% | +1.04% |
| Physicswallah Ltd. | 0.00% | 0.97% | +0.97% |
| Hindustan Aeronautics Ltd. | 7.68% | 6.74% | -0.95% |
| Syrma SGS Technology Ltd. | 3.54% | 4.45% | +0.92% |
| HDFC Bank Ltd. | 2.78% | 1.99% | -0.79% |
| TBO Tek Ltd. | 4.39% | 4.98% | +0.59% |
| Metropolis Healthcare Ltd. | 1.80% | 2.29% | +0.48% |
| Finolex Cables Ltd. | 2.52% | 2.97% | +0.45% |
| Kirloskar Oil Engines Ltd. | 2.78% | 3.10% | +0.32% |
| Amphenol Corp | 3.64% | 3.95% | +0.31% |
| Shriram Finance Ltd | 3.03% | 2.72% | -0.31% |
| Affle 3I Ltd. | 1.28% | 1.00% | -0.27% |
| Asian Paints Ltd. | 2.78% | 2.55% | -0.23% |
| AIA Engineering Ltd. | 3.03% | 2.83% | -0.20% |
| Mankind Pharma Ltd. | 3.79% | 3.98% | +0.19% |
| CE Info Systems Ltd. | 1.31% | 1.13% | -0.18% |
| Intellect Design Arena Ltd. | 0.63% | 0.45% | -0.17% |
| Reliance Industries Ltd. | 2.83% | 2.67% | -0.16% |
| Akums Drugs And Pharmaceuticals Ltd. | 2.02% | 2.17% | +0.14% |
| TVS Motor Company Ltd. | 3.31% | 3.18% | -0.13% |
| Hyundai Motor India Ltd. | 1.47% | 1.37% | -0.10% |
| Axis Bank Ltd. | 2.19% | 2.09% | -0.09% |
| Tata Communications Ltd. | 1.30% | 1.21% | -0.09% |
| Aster DM Quality Care Ltd. | 2.48% | 2.57% | +0.09% |
| SKF India (Industrial) Ltd. | 1.49% | 1.40% | -0.09% |
| Pricol Ltd. | 1.29% | 1.22% | -0.07% |
| Zensar Technologies Ltd. | 0.88% | 0.81% | -0.06% |
| IDFC First Bank Ltd. | 1.53% | 1.47% | -0.06% |
| Honeywell Automation India Ltd. | 1.26% | 1.21% | -0.05% |
| Sundram Fasteners Ltd. | 1.21% | 1.16% | -0.05% |
| Sudarshan Chemical Industries Ltd. | 1.30% | 1.25% | -0.05% |
| IIFL Finance Ltd. | 0.77% | 0.73% | -0.04% |
| Manipal Health Enterprises Ltd. | 0.75% | 0.71% | -0.04% |
| Timken India Ltd. | 0.72% | 0.76% | +0.04% |
| Data Patterns (India) Ltd. | 0.97% | 0.93% | -0.04% |
| Interglobe Aviation Ltd. | 0.95% | 0.92% | -0.03% |
| Piramal Pharma Ltd. | 1.36% | 1.33% | -0.03% |
| Eris Lifesciences Ltd. | 0.04% | 0.02% | -0.02% |
| SBI Life Insurance Company Ltd. | 1.33% | 1.31% | -0.01% |
| Reserve Bank of India | 0.51% | 0.52% | +0.01% |
| Lemon Tree Hotels Ltd. | 0.98% | 0.98% | 0.00% |
| Emmvee Photovoltaic Power Ltd. | 0.78% | 0.78% | 0.00% |
| Artemis Medicare Services Ltd. | 0.00% | 0.00% | 0.00% |
| APL Apollo Tubes Ltd. | 3.80% | 3.80% | 0.00% |
| NTPC Ltd. | 2.52% | 2.52% | 0.00% |
| Five-Star Business Finance Ltd. | 0.00% | 0.00% | 0.00% |
| Chennai Interactive Business Services | 0.00% | 0.00% | 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 | ₹5,169 Cr | 2.14% | 8.5% | 9.3% | 14.5% |
 ICICI Prudential Business Cycle Fund | ₹14,614 Cr | 1.86% | 3.4% | 6.8% | 13.3% |
 Kotak Business Cycle Fund | ₹3,414 Cr | 2.02% | 15.1% | 11.2% | — |
 Aditya Birla Sun Life Special Opportunities Fund | ₹1,359 Cr | 2.26% | 14.5% | 13.5% | 15.7% |
 Mahindra Manulife Business Cycle Fund | ₹1,291 Cr | 2.42% | 0.9% | 5.7% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to generate capital appreciation by capitalising on the long-term growth opportunities in the India economy. The scheme will invest in a broad range of stocks without any limitation either qualitative or quantitative and across market capitalization.
Fund managers
- Kiran SebastianMr. Sebastian is a MBA, University of Oxford. B.Tech, University of Calicut.Prior to joining Franklin Templeton Mutual Fund, he has worked with ARGA Investment Management (India) Pvt. Ltd.
- 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.
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 months2.40% absolute | ₹60,000 | ₹61,440 | 2.40% | |
| 1 year−1.35% annualised | ₹1,20,000 | ₹1,19,126 | −0.73% | |
| 3 years17.57% annualised | ₹3,60,000 | ₹4,76,461 | 32.35% | |
| 5 years14.94% annualised | ₹6,00,000 | ₹8,95,304 | 49.22% |
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 Opportunities Fund?
The NAV of Franklin India Opportunities Fund is ₹256.34 as on 9 Nov 2026.
What is the expense ratio of Franklin India Opportunities Fund?
The expense ratio of Franklin India Opportunities Fund is 2.08% per year.
What is the minimum SIP amount for Franklin India Opportunities Fund?
You can start a SIP in Franklin India Opportunities Fund with ₹3,000 a month.
What returns has Franklin India Opportunities Fund given?
Franklin India Opportunities Fund has returned 0.9% over 1 year, 5.9% over 3 years and 16.1% over 5 years (annualised).
Is there a lock-in or exit load on Franklin India Opportunities Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year.
How risky is Franklin India Opportunities Fund?
Franklin India Opportunities Fund is rated Very High on the SEBI riskometer and belongs to the Equity Opportunities category.
Which fund house manages Franklin India Opportunities Fund?
Franklin India Opportunities Fund is managed by Franklin Templeton Mutual Fund, which runs 38 schemes with ₹1,34,155 Cr under management.