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 #16 of 34 in category.
Fund basics
| Category | Equity: Mid Cap |
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| NAV | ₹2645.15 (as of 2026-10-01) |
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| AUM | ₹13,052 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 | 11.43% |
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| Sharpe ratio | 0.64 |
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| Standard deviation | 17.05% |
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| Max drawdown | −70.12% |
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| Alpha | -0.3 |
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| Beta | 0.94 |
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Over 5 years, captured 87.7% of NIFTY Midcap 150's upside and 94.0% of its downside.
Market cap allocation
| Large cap | 10.5% |
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| Mid cap | 69.5% |
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| Small cap | 20.0% |
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Concentration
| Top 5 holdings | 12.8% |
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| Top 10 holdings | 23.0% |
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| Total holdings | 80 |
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| Index overlap | 35.4% |
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| Active share | 65.3% |
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Top holdings
- Net Receivable / Payable — 4.7%
- Kalyan Jewellers India Limited — 2.9%
- Biocon Ltd. — 2.6%
- Federal Bank Ltd. — 2.5%
- IDFC FIRST BANK LIMITED — 2.4%
- PB Fintech Limited — 2.4%
- COFORGE LIMITED — 2.2%
- APL Apollo Tubes Limited — 2.0%
- Prestige Estates Projects Limited — 2.0%
- Ashok Leyland Ltd. — 2.0%
Top sectors
- Banking & Financial — 13.6%
- Retail — 10.1%
- Consumer Durables — 7.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −5.7% | 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 |