Franklin India Mid Cap Fund
An open-end growth scheme with an objective to provide medium to long term capital appreciation as a primary objective and income as a secondary objective.
Growthvine rating: 3/5 — ranked #17 of 34 in category.
Fund basics
| Category | Equity: Mid Cap |
|---|
| NAV | ₹2524.76 (as of 2026-10-23) |
|---|
| AUM | ₹13,052 Cr |
|---|
| Expense ratio | 1.47% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Akhil Kalluri |
|---|
| Exit load | 1% for redemption within 365 days |
|---|
Performance & risk
| 5-year annualised return | 11.43% |
|---|
| Sharpe ratio | 0.48 |
|---|
| Standard deviation | 17.69% |
|---|
| Max drawdown | −70.12% |
|---|
| Alpha | 0.08 |
|---|
| Beta | 0.94 |
|---|
Over 5 years, captured 87.7% of NIFTY Midcap 150's upside and 94.0% of its downside.
Market cap allocation
| Large cap | 10.0% |
|---|
| Mid cap | 68.1% |
|---|
| Small cap | 21.9% |
|---|
Concentration
| Top 5 holdings | 12.2% |
|---|
| Top 10 holdings | 22.4% |
|---|
| Total holdings | 78 |
|---|
| Index overlap | 38.5% |
|---|
| Active share | 61.5% |
|---|
Top holdings
- Kalyan Jewellers India Limited — 2.9%
- Biocon Ltd. — 2.5%
- Federal Bank Ltd. — 2.4%
- One 97 Communications Limited — 2.3%
- IDFC FIRST BANK LIMITED — 2.2%
- APL Apollo Tubes Limited — 2.2%
- Mankind Pharma Limited — 2.1%
- Prestige Estates Projects Limited — 2.0%
- Balkrishna Industries Ltd. — 2.0%
- COFORGE LIMITED — 1.9%
Top sectors
- Banking & Financial — 13.9%
- Retail — 9.7%
- Industrial Products — 7.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −10.0% | Q4 (Bottom) | #31 of 31 |
| 2025 | 1.6% | Q3 | #17 of 29 |
| 2024 | 31.8% | Q2 | #10 of 29 |
| 2023 | 36.8% | Q3 | #16 of 28 |
| 2022 | 2.2% | Q3 | #12 of 22 |