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 | ₹93.16 (as of 2026-10-23) |
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| AUM | ₹11,506 Cr |
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| Expense ratio | 1.50% |
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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 | 7.52% |
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| Sharpe ratio | 0.05 |
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| Standard deviation | 14.67% |
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| Max drawdown | −67.62% |
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| Alpha | -1.99 |
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| Beta | 0.89 |
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Over 5 years, captured 89.2% of Nifty 500's upside and 93.5% of its downside.
Market cap allocation
| Large cap | 74.7% |
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| Mid cap | 16.5% |
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| Small cap | 8.8% |
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Concentration
| Top 5 holdings | 35.6% |
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| Top 10 holdings | 58.1% |
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| Total holdings | 30 |
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| Index overlap | 29.1% |
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| Active share | 70.9% |
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Top holdings
- ICICI Bank Ltd. — 8.6%
- AXIS Bank Ltd. — 7.7%
- HDFC Bank Ltd. — 7.6%
- Bharti Airtel Ltd. — 5.9%
- Eternal Limited — 5.8%
- Reliance Industries Ltd — 5.7%
- Net Asset — 5.3%
- Sun Pharmaceutical Industries Ltd. — 5.2%
- Tata Consultancy Services Ltd. — 4.4%
- InterGlobe Aviation Limited — 3.7%
Top sectors
- Banking & Financial — 27.4%
- Retail — 9.3%
- Telecom — 5.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −15.7% | 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 |