Franklin India Dividend Yield Fund
The Scheme seeks to provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield, by using a value strategy.
Growthvine rating: 4/5 — ranked #2 of 10 in category.
Fund basics
| Category | Equity: Dividend Yield |
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| NAV | ₹130.21 (as of 2026-10-01) |
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| AUM | ₹2,280 Cr |
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| Expense ratio | 1.73% |
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| Riskometer | Very High |
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| Fund manager | Ajay Argal |
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| Exit load | 1% for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 10.43% |
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| Sharpe ratio | 0.48 |
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| Standard deviation | 14.07% |
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| Max drawdown | −59.51% |
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| Alpha | 0.79 |
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| Beta | 0.84 |
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Over 5 years, captured 79.2% of NIFTY Dividend Opportunities 50's upside and 68.3% of its downside.
Market cap allocation
| Large cap | 66.8% |
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| Mid cap | 17.1% |
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| Small cap | 16.1% |
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Concentration
| Top 5 holdings | 23.3% |
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| Top 10 holdings | 40.0% |
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| Total holdings | 46 |
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Top holdings
- State Bank Of India — 6.0%
- Net Asset — 4.6%
- ICICI Bank Ltd. — 4.5%
- HDFC Bank Ltd. — 4.4%
- EMBASSY OFFICE PARKS REIT — 4.2%
- Infosys Ltd — 4.2%
- Mediatek Inc — 4.1%
- NTPC Limited — 3.8%
- ITC Ltd — 3.3%
- Knowledge Realty Trust — 2.9%
Top sectors
- Banking & Financial — 18.5%
- Retail — 10.4%
- Global Equity — 10.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −7.1% | Q3 | #6 of 9 |
| 2025 | 1.7% | Q4 (Bottom) | #9 of 9 |
| 2024 | 20.4% | Q2 | #4 of 9 |
| 2023 | 33.3% | Q4 (Bottom) | #7 of 7 |
| 2022 | 5.3% | Q2 | #3 of 6 |