Franklin India Opportunities Fund
Equity OpportunitiesVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹263.00-2.09%1 day
- Return since launch
- 13.4%
- 52-week range
- ₹223.16 — ₹268.99
- AUM
- ₹9,717 Cr
Franklin India Opportunities Fund is a Equity Opportunities equity fund from Franklin Templeton Mutual Fund with ₹9,717 Cr under management, launched in 2000. Over three years it has returned 9.5% a year, against 13.4% for its category. The expense ratio is 2.11% 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 +5.8% against +1.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.6% | +0.7 pts | 5.9% | 1.3% |
| 2Y | 5.8% | +0.2 pts | 5.5% | 1.0% |
| 3Y | 9.5% | −3.9 pts | 13.4% | 3.4% |
| 5Y | 18.4% | +5.0 pts | 13.4% | 9.7% |
| 7Y | 20.7% | +2.0 pts | 18.7% | 12.9% |
| 10Y | 18.2% | +4.2 pts | 14.0% | 11.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.8% | +0.5 pts | -2.3% | -2.8% |
| 3M | 1.5% | −0.5 pts | 2.0% | 0.9% |
| 6M | 12.8% | −2.7 pts | 15.5% | 12.8% |
| 1Y | 1.9% | −4.0 pts | 5.9% | 0.2% |
| 2Y | 0.7% | +1.6 pts | -0.9% | -4.3% |
| 3Y | 19.9% | +6.4 pts | 13.4% | 10.2% |
| 5Y | 16.6% | +3.2 pts | 13.4% | 10.5% |
| 7Y | 20.6% | +1.8 pts | 18.8% | 13.1% |
| 10Y | 15.6% | +1.6 pts | 14.0% | 10.5% |
Since launch (7 Feb 2000): 13.4%
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 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.50%
- Brokerage
- 0.09%
- Transaction charges
- 0.01%
- Statutory levies
- 0.48%
- 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 | 7.52 | 4.26 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.04 | 1.04 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.85 | 0.69 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.12 | 0.92 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 17.28 | 16.88 | 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 31 Aug 2026
Asset allocation
- Equity89.3%
- Debt0.5%
- Other10.2%
Market cap split
- Large38.7%
- Mid22.8%
- Small38.5%
- P/E
- 34.08
- P/B
- 4.51
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 10.22% | ₹993 Cr | +7.27% | +1.73% | +5.76% |
| Hindustan Aeronautics Ltd. | Capital Goods | 7.68% | ₹747 Cr | +6.36% | +2.47% | — |
| TBO Tek Ltd. | Services | 4.39% | ₹427 Cr | — | — | — |
| APL Apollo Tubes Ltd. | Metals & Mining | 3.80% | ₹370 Cr | +3.49% | +3.42% | +2.20% |
| Mankind Pharma Ltd. | Healthcare | 3.79% | ₹368 Cr | +3.10% | +1.56% | +1.53% |
| Amphenol Corp | Capital Goods | 3.64% | ₹354 Cr | +3.80% | +3.70% | +1.99% |
| Syrma SGS Technology Ltd. | Capital Goods | 3.54% | ₹344 Cr | +2.53% | +1.80% | +2.12% |
| TVS Motor Company Ltd. | Automobile | 3.31% | ₹322 Cr | +2.85% | +1.30% | +1.23% |
| AIA Engineering Ltd. | Metals & Mining | 3.03% | ₹295 Cr | +2.93% | +2.46% | — |
| Shriram Finance Ltd | Financial | 3.03% | ₹295 Cr | +4.02% | +2.54% | — |
| Reliance Industries Ltd. | Energy | 2.83% | ₹275 Cr | +4.65% | +3.49% | +4.47% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 2.78% | ₹270 Cr | +2.85% | +2.13% | +1.20% |
| Asian Paints Ltd. | Materials | 2.78% | ₹270 Cr | +3.12% | — | — |
| HDFC Bank Ltd. | Financial | 2.78% | ₹270 Cr | +0.90% | +2.96% | +5.18% |
| NTPC Ltd. | Energy | 2.52% | ₹245 Cr | +3.32% | +3.59% | +2.76% |
| Finolex Cables Ltd. | Capital Goods | 2.52% | ₹245 Cr | +2.56% | +0.84% | +0.45% |
| Aster DM Quality Care Ltd. | Healthcare | 2.48% | ₹241 Cr | +1.92% | +1.78% | +2.39% |
| Axis Bank Ltd. | Financial | 2.19% | ₹213 Cr | +3.85% | +6.48% | +4.11% |
| PB Fintech Ltd. | Services | 2.10% | ₹204 Cr | +2.12% | +1.91% | +1.97% |
| Akums Drugs And Pharmaceuticals Ltd. | Healthcare | 2.02% | ₹197 Cr | +1.52% | +1.47% | +1.53% |
| Metropolis Healthcare Ltd. | Healthcare | 1.80% | ₹175 Cr | +1.60% | +1.42% | +1.80% |
| One97 Communications Ltd. | Services | 1.62% | ₹157 Cr | — | — | — |
| IDFC First Bank Ltd. | Financial | 1.53% | ₹148 Cr | +2.12% | +2.26% | +1.39% |
| SKF India (Industrial) Ltd. | Capital Goods | 1.49% | ₹144 Cr | +0.94% | +0.74% | — |
| company:19482 | Automobile | 1.47% | ₹142 Cr | — | — | — |
| Piramal Pharma Ltd. | Healthcare | 1.36% | ₹132 Cr | +1.22% | +1.14% | +0.62% |
| SBI Life Insurance Company Ltd. | Insurance | 1.33% | ₹129 Cr | +0.85% | — | — |
| CE Info Systems Ltd. | Technology | 1.31% | ₹128 Cr | +0.60% | +0.78% | +1.83% |
| Sudarshan Chemical Industries Ltd. | Chemicals | 1.30% | ₹126 Cr | +1.61% | +1.56% | +2.86% |
| Tata Communications Ltd. | Communication | 1.30% | ₹126 Cr | +1.65% | +1.39% | +1.18% |
| Pricol Ltd. | Automobile | 1.29% | ₹126 Cr | +1.01% | +1.12% | +0.96% |
| Affle 3I Ltd. | Technology | 1.28% | ₹124 Cr | +1.30% | +1.27% | — |
| Honeywell Automation India Ltd. | Capital Goods | 1.26% | ₹122 Cr | — | — | — |
| Sundram Fasteners Ltd. | Capital Goods | 1.21% | ₹118 Cr | — | — | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.04% | ₹101 Cr | +1.68% | +1.79% | +0.92% |
| Lemon Tree Hotels Ltd. | Services | 0.98% | ₹95.65 Cr | +1.18% | +1.21% | +2.83% |
| Data Patterns (India) Ltd. | Capital Goods | 0.97% | ₹94.29 Cr | — | — | — |
| Interglobe Aviation Ltd. | Services | 0.95% | ₹92.78 Cr | +1.19% | +1.35% | +1.78% |
| Zensar Technologies Ltd. | Technology | 0.88% | ₹85.08 Cr | +0.61% | +0.72% | +0.80% |
| Emmvee Photovoltaic Power Ltd. | Energy | 0.78% | ₹75.97 Cr | — | — | — |
| IIFL Finance Ltd. | Financial | 0.77% | ₹74.86 Cr | +0.71% | +0.75% | — |
| Manipal Health Enterprises Ltd. | Healthcare | 0.75% | ₹72.97 Cr | — | — | — |
| Timken India Ltd. | Capital Goods | 0.72% | ₹69.96 Cr | — | — | — |
| Intellect Design Arena Ltd. | Technology | 0.63% | ₹60.81 Cr | +0.94% | +0.95% | +1.50% |
| Reserve Bank of India | Financial | 0.51% | ₹49.54 Cr | +0.29% | +0.29% | +0.33% |
| Eris Lifesciences Ltd. | Healthcare | 0.04% | ₹3.97 Cr | +1.15% | +1.16% | +1.13% |
| 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 | 6.80% | 10.22% | +3.42% |
| Amber Enterprises India Ltd. | 2.01% | 0.00% | -2.01% |
| HDFC Bank Ltd. | 4.60% | 2.78% | -1.82% |
| Tata Motors Passenger Vehicles Ltd. | 1.65% | 0.00% | -1.65% |
| company:19482 | 0.00% | 1.47% | +1.47% |
| Eris Lifesciences Ltd. | 1.04% | 0.04% | -1.00% |
| One97 Communications Ltd. | 0.75% | 1.62% | +0.86% |
| Mankind Pharma Ltd. | 3.01% | 3.79% | +0.78% |
| Ultratech Cement Ltd. | 0.69% | 0.00% | -0.69% |
| APL Apollo Tubes Ltd. | 3.24% | 3.80% | +0.57% |
| Aster DM Quality Care Ltd. | 2.02% | 2.48% | +0.46% |
| Finolex Cables Ltd. | 2.07% | 2.52% | +0.44% |
| TBO Tek Ltd. | 4.01% | 4.39% | +0.38% |
| AIA Engineering Ltd. | 3.40% | 3.03% | -0.37% |
| Sudarshan Chemical Industries Ltd. | 1.62% | 1.30% | -0.32% |
| CE Info Systems Ltd. | 1.59% | 1.31% | -0.28% |
| Sundram Fasteners Ltd. | 0.95% | 1.21% | +0.26% |
| NTPC Ltd. | 2.78% | 2.52% | -0.26% |
| Intellect Design Arena Ltd. | 0.89% | 0.63% | -0.26% |
| State Bank of India | 0.25% | 0.00% | -0.25% |
| Reserve Bank of India | 0.27% | 0.51% | +0.24% |
| Akums Drugs And Pharmaceuticals Ltd. | 1.78% | 2.02% | +0.24% |
| Kirloskar Oil Engines Ltd. | 3.02% | 2.78% | -0.24% |
| PB Fintech Ltd. | 1.86% | 2.10% | +0.23% |
| Metropolis Healthcare Ltd. | 1.57% | 1.80% | +0.23% |
| IIFL Finance Ltd. | 0.54% | 0.77% | +0.23% |
| Asian Paints Ltd. | 2.99% | 2.78% | -0.21% |
| Amphenol Corp | 3.85% | 3.64% | -0.21% |
| Manipal Health Enterprises Ltd. | 0.55% | 0.75% | +0.20% |
| Reliance Industries Ltd. | 3.02% | 2.83% | -0.18% |
| SBI Life Insurance Company Ltd. | 1.49% | 1.33% | -0.17% |
| Zensar Technologies Ltd. | 1.00% | 0.88% | -0.13% |
| Pricol Ltd. | 1.17% | 1.29% | +0.13% |
| Honeywell Automation India Ltd. | 1.14% | 1.26% | +0.12% |
| TVS Motor Company Ltd. | 3.42% | 3.31% | -0.11% |
| Tata Communications Ltd. | 1.37% | 1.30% | -0.08% |
| Piramal Pharma Ltd. | 1.29% | 1.36% | +0.07% |
| Lemon Tree Hotels Ltd. | 1.05% | 0.98% | -0.07% |
| SKF India (Industrial) Ltd. | 1.42% | 1.49% | +0.07% |
| Shriram Finance Ltd | 2.97% | 3.03% | +0.06% |
| Ujjivan Small Finance Bank Ltd. | 1.09% | 1.04% | -0.05% |
| Hindustan Aeronautics Ltd. | 7.73% | 7.68% | -0.05% |
| Affle 3I Ltd. | 1.32% | 1.28% | -0.04% |
| Syrma SGS Technology Ltd. | 3.50% | 3.54% | +0.04% |
| IDFC First Bank Ltd. | 1.56% | 1.53% | -0.04% |
| Axis Bank Ltd. | 2.15% | 2.19% | +0.04% |
| Timken India Ltd. | 0.75% | 0.72% | -0.03% |
| Interglobe Aviation Ltd. | 0.98% | 0.95% | -0.03% |
| Emmvee Photovoltaic Power Ltd. | 0.80% | 0.78% | -0.02% |
| Data Patterns (India) Ltd. | 0.96% | 0.97% | +0.01% |
| 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 | ₹1,845 Cr | 2.27% | 8.5% | 9.7% | 14.7% |
 Kotak Business Cycle Fund | ₹3,509 Cr | 2.05% | 10.7% | 10.6% | — |
 Mahindra Manulife Business Cycle Fund | ₹1,364 Cr | 2.41% | 2.0% | 7.3% | — |
 Aditya Birla Sun Life Special Opportunities Fund | ₹1,279 Cr | 2.30% | 13.8% | 13.8% | 15.8% |
 HSBC Business Cycles Fund | ₹1,229 Cr | 2.31% | 7.5% | 7.3% | 13.6% |
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 months12.79% absolute | ₹60,000 | ₹67,674 | 12.79% | |
| 1 year1.93% annualised | ₹1,20,000 | ₹1,21,262 | 1.05% | |
| 3 years19.88% annualised | ₹3,60,000 | ₹4,95,022 | 37.51% | |
| 5 years16.57% annualised | ₹6,00,000 | ₹9,37,529 | 56.25% |
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 ₹263.00 as on 24 Sep 2026.
What is the expense ratio of Franklin India Opportunities Fund?
The expense ratio of Franklin India Opportunities Fund is 2.11% 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 6.6% over 1 year, 9.5% over 3 years and 18.4% 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 ₹1,27,382 Cr under management.