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 #15 of 33 in category.
Fund basics
| Category | Equity: Mid Cap |
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| NAV | ₹2885.85 (as of 2026-08-21) |
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| AUM | ₹12,871 Cr |
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| Expense ratio | 1.47% |
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| Riskometer | Very High |
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| Fund manager | Akhil Kalluri |
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| Exit load | 1% for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 14.57% |
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| Sharpe ratio | 0.66 |
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| Standard deviation | 17.07% |
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| Max drawdown | -70.12% |
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| Alpha | -0.3 |
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| Beta | 0.93 |
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Over 5 years, captured 87.2% of NIFTY Midcap 150's upside and 93.9% of its downside.
Market cap allocation
| Large cap | 11.4% |
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| Mid cap | 68.7% |
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| Small cap | 19.9% |
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Concentration
| Top 5 holdings | 13.3% |
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| Top 10 holdings | 23.5% |
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| Total holdings | 75 |
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| Index overlap | 33.4% |
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| Active share | 66.6% |
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Top holdings
- Kalyan Jewellers India Limited — 3.2%
- Federal Bank Ltd. — 2.7%
- Biocon Ltd. — 2.7%
- IDFC FIRST BANK LIMITED — 2.4%
- Balkrishna Industries Ltd. — 2.3%
- COFORGE LIMITED — 2.2%
- Net Asset — 2.1%
- Prestige Estates Projects Limited — 2.0%
- Hindustan Aeronautics Limited — 2.0%
- Mahindra & Mahindra Financial Services Limited — 2.0%
Top sectors
- Banking & Financial — 13.7%
- Retail — 8.6%
- Consumer Durables — 8.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 2.8% | 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 |