Franklin Build India Fund
The scheme aims to generate capital appreciation by investing in companies engaged either directly or indirectly in infrastructure related activities. Infrastructure related activities include development, operations, management and maintenance of various infrastructures such as transportation, energy, resources & other infrastructure.
Growthvine rating: 5/5 — ranked #2 of 84 in category.
Fund basics
| Category | Equity: Sectoral |
|---|
| NAV | ₹143.72 (as of 2026-08-21) |
|---|
| AUM | ₹3,199 Cr |
|---|
| Expense ratio | 1.66% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Ajay Argal |
|---|
| Exit load | 1% for redemption within 365 days |
|---|
Performance & risk
| 5-year annualised return | 19.59% |
|---|
| Sharpe ratio | 0.71 |
|---|
| Standard deviation | 17.54% |
|---|
| Max drawdown | -43.36% |
|---|
| Alpha | 2.19 |
|---|
| Beta | 0.62 |
|---|
Over 5 years, captured 119.5% of Nifty 500's upside and 85.4% of its downside.
Market cap allocation
| Large cap | 61.6% |
|---|
| Mid cap | 15.2% |
|---|
| Small cap | 23.3% |
|---|
Concentration
| Top 5 holdings | 30.2% |
|---|
| Top 10 holdings | 49.5% |
|---|
| Total holdings | 44 |
|---|
Top holdings
- Larsen & Toubro Limited — 8.9%
- InterGlobe Aviation Limited — 6.9%
- Reliance Industries Ltd — 5.0%
- NTPC Limited — 5.0%
- Net Asset — 4.6%
- Bharti Airtel Ltd. — 4.4%
- Oil And Natural Gas Corporation Ltd — 4.1%
- HDFC Bank Ltd. — 4.0%
- AXIS Bank Ltd. — 3.8%
- Tata Power Co. Ltd — 3.7%
Top sectors
- Energy — 15.5%
- Construction — 15.1%
- Transportation — 11.7%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 0.3% | Q3 | #47 of 76 |
| 2025 | 3.7% | Q2 | #26 of 69 |
| 2024 | 27.8% | Q2 | #26 of 58 |
| 2023 | 51.1% | Q1 (Top) | #4 of 48 |
| 2022 | 11.2% | Q2 | #20 of 46 |