Franklin India Focused Equity Fund
The scheme seeks to achieve capital appreciation through investing predominantly in Indian companies/sectors with high growth rates or potential.
Growthvine rating: 3/5 — ranked #12 of 28 in category.
Fund basics
| Category | Equity: Focused |
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| NAV | ₹102.72 (as of 2026-08-21) |
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| AUM | ₹11,510 Cr |
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| Expense ratio | 1.48% |
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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 | 11.22% |
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| Sharpe ratio | 0.26 |
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| Standard deviation | 13.74% |
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| Max drawdown | -67.62% |
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| Alpha | -2.16 |
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| Beta | 0.87 |
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Over 5 years, captured 90.7% of Nifty 500's upside and 89.7% of its downside.
Market cap allocation
| Large cap | 78.8% |
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| Mid cap | 14.2% |
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| Small cap | 7.0% |
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Concentration
| Top 5 holdings | 35.9% |
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| Top 10 holdings | 59.0% |
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| Total holdings | 28 |
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| Index overlap | 31.6% |
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| Active share | 68.4% |
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Top holdings
- ICICI Bank Ltd. — 8.4%
- HDFC Bank Ltd. — 8.4%
- Net Asset — 7.4%
- AXIS Bank Ltd. — 6.9%
- Eternal Limited — 6.2%
- Bharti Airtel Ltd. — 6.0%
- Reliance Industries Ltd — 5.7%
- Sun Pharmaceutical Industries Ltd. — 5.1%
- Tata Consultancy Services Ltd. — 5.0%
- Maruti Suzuki India Ltd. — 3.8%
Top sectors
- Banking & Financial — 27.2%
- Retail — 9.2%
- Software & Services — 7.7%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -7.0% | Q4 (Bottom) | #28 of 28 |
| 2025 | 5.1% | Q2 | #13 of 28 |
| 2024 | 19.9% | Q2 | #11 of 27 |
| 2023 | 23.5% | Q3 | #17 of 25 |
| 2022 | 8.9% | Q1 (Top) | #3 of 22 |