म्युच्युअल फंड डायरेक्ट योजना नेहमीच फायदेशीर असते का?

Updated on May 10, 2026 , 5550 views

प्रत्येक म्युच्युअल फंड योजना जी मालमत्ता व्यवस्थापन कंपनी (AMC) ऑफरमध्ये म्युच्युअल फंड डायरेक्ट प्लॅन आणि म्युच्युअल फंड रेग्युलर प्लॅन असे दोन प्रकार आहेत. या दोन्ही योजना अॅसेट अंडर मॅनेजमेंट (एयूएम), पोर्टफोलिओ रचना आणि अगदी फंड व्यवस्थापकांच्या बाबतीत एकसारख्या आहेत. तथापि, कीघटक जे या दोन्ही योजनांमध्ये फरक करतात ते खर्चाचे प्रमाण आहे; म्युच्युअल फंड डायरेक्ट प्लॅनचे खर्चाचे प्रमाण नियमित योजनेच्या तुलनेत कमी असते. परिणामी, थेट योजनेच्या नफ्याची टक्केवारी जास्त आहे. तथापि, असे म्हणतात की,दिसणे त्याचप्रमाणे फसवे आहे; तुम्हाला असे वाटते का; म्युच्युअल फंड डायरेक्ट योजना नेहमीच फायदेशीर असते? तर, कोणती योजना प्रत्यक्षात फायदेशीर आहे हे आपण या लेखाद्वारे पाहूया. आमचे खालील उदाहरण वास्तविक-जीवन डेटा, वास्तविक खर्च, खर्च गुणोत्तर आणि वास्तविक गुंतवणूक वापरणे आहे. विश्लेषणावरून असे दिसून येते की नियमित योजना थेट पेक्षा चांगल्या असतात, तथापि, आम्ही काय सांगू इच्छितो की खर्चातील फरक खर्चाच्या गुणोत्तरांच्या बाबतीत कमी असला तरी, एक चांगलाआर्थिक नियोजक दीर्घ कालावधीसाठी चांगली सेवा दिल्यास हा फरक निरर्थक वाटेल. याशिवाय, गेल्या काही वर्षांत चांगली फंड निवड तुम्हाला अतिरिक्त ०.५% किंवा अगदी १% पी.ए. नियमित प्लॅनमध्ये दिलेला अतिरिक्त खर्च ओव्हरसावली करेल.

म्युच्युअल फंड डायरेक्ट प्लॅन म्हणजे काय?

म्युच्युअल फंड डायरेक्ट प्लॅन द्वारे विकले जातेनोंदणीकृत गुंतवणूक सल्लागार (RIAs) म्युच्युअल फंड कंपनी व्यतिरिक्त. आधी सांगितल्याप्रमाणे, म्युच्युअल फंड डायरेक्ट प्लॅनचे खर्चाचे प्रमाण नियमित योजनांच्या तुलनेत कमी आहे.

यामुळे हे फंड अधिक नफा मिळवण्यास सक्षम आहेत जे किंचित जास्त द्वारे परावर्तित होतातनाही नियमित योजनांच्या तुलनेत. म्युच्युअल फंड डायरेक्ट प्लॅन्समध्ये, AMC गुंतवणूकदारांना कोणतेही कमिशन देत नाही.

नियमित योजना म्हणजे काय?

म्युच्युअल फंडाची नियमित योजना ही सामान्य म्युच्युअल फंड योजना असते जी तुम्ही मध्यस्थ जसे की ब्रोकरकडून खरेदी करता,आर्थिक सल्लागार,वितरक इ. नियमित योजनेत, मालमत्ता व्यवस्थापन कंपनी या मध्यस्थांना त्यांच्या योजना विकण्यासाठी कमिशन देते जी योजना व्यवस्थापित करण्यासाठी पुन्हा खर्च म्हणून जोडली जाते. परिणामी, नियमित म्युच्युअल फंड योजनांमध्ये थेट प्लॅनपेक्षा किंचित जास्त खर्चाचे प्रमाण असते.

Ready to Invest?
Talk to our investment specialist

म्युच्युअल फंड गुंतवणूक: म्युच्युअल फंड थेट योजना चांगली आहे की नाही?

जेव्हा आपण गुंतवणुकीबद्दल बोलतो तेव्हा ते समजून घेतले पाहिजेपरतावा हा खर्चाचा परिणाम आहे याचा अर्थ; जास्त खर्च परतावा कमी आणि उलट. तसेच लोकांनी हे समजून घेतले पाहिजेकाहीही मोफत मिळत नाही. म्हणून, खालील मुद्द्यांच्या मदतीने, म्युच्युअल फंड थेट योजनांपेक्षा नियमित योजना कशा फायदेशीर ठरतात हे समजून घेऊ.

लोकांची संख्या नेहमीम्युच्युअल फंडात गुंतवणूक करा काही किंवा इतर मध्यस्थांद्वारे. लोकगुंतवणूक मध्ये RIAs द्वारेम्युच्युअल फंड त्यांना शुल्क भरावे लागेल. लोकांनी म्युच्युअल फंडामध्ये त्यांच्यामार्फत व्यवहार केले नसले तरीही ही फी भरावी लागते, हे वार्षिक शुल्कासारखे आहे. हे शुल्क एकतर मासिक, वार्षिक, व्यवहार-आधारित शुल्क इत्यादी भरले जाऊ शकते. त्यामुळे, या शुल्क आकारल्यामुळे गुंतवणूकदारांना कमी प्रमाणात नफा मिळू शकतो कारण हे खर्च पाईचा वाटा खाऊन टाकतात.कमाई.

तर, ही संकल्पना उदाहरणाच्या सहाय्याने समजून घेऊ.

चित्रण:

समजा, एखाद्या व्यक्तीला 1,00 रुपये हवे आहेत,000 रुपये मध्येडीएसपी ब्लॅकरॉक संधी निधी. ती RIA मार्फत थेट योजनेत किंवा वितरकामार्फत नियमित योजनेत गुंतवणूक करण्याचा पर्याय म्हणून. या योजनेचा मागील तीन वर्षांचा सरासरी परतावा 17.90% आहे. थेट योजनेसाठी आणि 16.93% p.a. 13 सप्टेंबर 2017 रोजीच्या नियमित योजनेसाठी. येथे, व्यक्तीने दोन RIAs A आणि B आणि गुंतवणुकीसाठी एक ऑनलाइन पोर्टल निवडले आहे. गृहीत धरा, RIA A INR 2,000 वार्षिक शुल्क आकारते तर RIA B INR 1,200 वार्षिक शुल्क आकारते. व्यक्तींनी या शुल्काची रक्कम RIA ला आगाऊ भरणे आवश्यक आहेआधार. दुसरीकडे, ऑनलाइन म्युच्युअल फंड वितरक कोणतेही शुल्क आकारत नाहीत. तर, गुंतवणुकदारांसाठी कोणते गुंतवणुकीचे चॅनल अधिक चांगले आहे ते आपण मोजू आणि तपासू.

या योजनांचे विश्लेषण खालील तक्त्यामध्ये दर्शविले आहे.

डीएसपी ब्लॅकरॉक संधी निधी	म्युच्युअल फंड डायरेक्ट प्लॅन RIA A	म्युच्युअल फंड डायरेक्ट प्लॅन RIA B	म्युच्युअल फंड नियमित योजना वितरक
प्रारंभिक गुंतवणूक रक्कम (A)	१,००,०००	१,००,०००	१,००,०००
कमी: वर्ष 1 (B) साठी वार्षिक शुल्क	2,000	1,200	0
वर्ष 1 (C) (A-B) मध्ये शुल्कानंतरची निव्वळ रक्कम	९८,०००	९८,८००	१,००,०००
निव्वळ रकमेवर परतावा (D) (17.90%)# थेट योजनेसाठी आणि (16.93%)# नियमित योजनेसाठी	१७,५४२	१७,६८५	१६,९३०
वर्ष 1 च्या शेवटी एकूण रक्कम (C+D) (E)	१,१५,५४२	१,१६,४८५	१,१६,९३०
कमी: वर्ष 2 (F) साठी वार्षिक शुल्क	2,000	1,200	0
वर्ष 2 (G) (E-F) मध्ये शुल्कानंतर निव्वळ रक्कम	१,१३,५४२	१,१५,२८५	१,१६,९३०
निव्वळ रकमेवर परतावा (D) (17.90%)# थेट योजनेसाठी आणि (16.93%)# नियमित योजनेसाठी	20,324	20,636	१९,७९७
वर्ष 2 च्या शेवटी एकूण रक्कम (I) (G+H)	१,३३,८६६	१,३५,९२१	१,३६,७२७
कमी: वर्ष ३ (जे) साठी वार्षिक शुल्क	2,000	1,200	0
वर्ष 2 (K) (I-J) मध्ये शुल्कानंतरची निव्वळ रक्कम	१,३१,८६६	१,३४,७२१	१,३६,७२७
निव्वळ रकमेवर परतावा (D) (17.90%)# थेट योजनेसाठी आणि (16.93%)# नियमित योजनेसाठी	२३,६०४	24,116	२३,१४८
वर्ष 3 च्या शेवटी एकूण रक्कम (M) (K+L)	१,५५,४७०	१,५८,८३७	१,५९,८७५

#13 सप्टेंबर'17 रोजी.अशा प्रकारे, वरील सारणीवरून आपण असा निष्कर्ष काढू शकतो की; रेग्युलर प्लॅनमध्ये गुंतवणूक करून लोक डायरेक्ट प्लॅनच्या तुलनेत अधिक कमाई करू शकतात.

म्युच्युअल फंड डायरेक्ट प्लॅनपेक्षा म्युच्युअल फंड नियमित योजना का निवडावी?

लोक थेट फंडाच्या तुलनेत नियमित म्युच्युअल फंड का निवडू शकतात याची इतरही अनेक कारणे आहेत. त्यापैकी काहींमध्ये प्रत्येक फंड हाऊससाठी स्वतंत्र नोंदणी प्रक्रिया, पोर्टफोलिओचे स्वयं-पुनर्संतुलन, योजनांचे स्वयं-विश्लेषण इत्यादींचा समावेश आहे. तर, थेट योजनांच्या तुलनेत वितरकांमार्फत नियमित म्युच्युअल फंड निवडणे फायदेशीर का ठरते ते पाहू.

एका छत्राखाली योजनांची संख्या

तुम्ही शोधलेल्या आणि तुमच्या गुंतवणूक प्रोफाइलसाठी योग्य असलेल्या पाच वेगवेगळ्या थेट योजनांमध्ये गुंतवणूक करण्याचे तुम्ही ठरवता. म्हणून, तुम्हाला त्या पाच वेगवेगळ्या फंड हाऊसच्या वेबसाइटला भेट द्यावी लागेल आणि म्युच्युअल फंड योजनेत गुंतवणूक करावी लागेल. त्यानंतर तुम्हाला प्रत्येक गुंतवणुकीचा स्वतंत्रपणे मागोवा ठेवावा लागेल आणि त्यांचे तपशील स्वतंत्रपणे संग्रहित करावे लागतील. कालांतराने, गुंतवणुकीची संख्या जसजशी वाढेल, तसतसे रेकॉर्ड वाढतील आणि त्रास वाढेल. त्यामुळे, अशा अडचणी टाळण्यासाठी, म्युच्युअल फंड वितरकामार्फत गुंतवणूक करणे सोपे जाईल; एका प्लॅटफॉर्मवर तुम्हाला अनेक योजना मिळू शकतात ज्या तुम्ही तुमच्या गरजेनुसार निवडू शकता.

ऑनलाइन म्युच्युअल फंड नियमित योजना गुंतवणूक

तंत्रज्ञानातील प्रगतीमुळे लोक गुंतवणूक करू शकतातम्युच्युअल फंड ऑनलाइन कुठूनही आणि कधीही. याशिवाय, ते त्यांच्या सोयीनुसार विविध योजनांमध्ये गुंतवणूक करू शकतात. ऑनलाइन मोडद्वारे, लोक सोप्या चरणांमध्ये त्यांचे पैसे गुंतवू शकतात आणि रिडीम करू शकतात, विविध फंड हाऊसेसद्वारे ऑफर केलेल्या प्रत्येक योजनेचे तपशीलवार विश्लेषण तपासू शकतात, त्यांच्या पोर्टफोलिओचा मागोवा ठेवू शकतात इत्यादी.

आता, जसजसे आपण शेवटाकडे जात आहोत, तसतसे आपण एका महत्त्वाच्या प्रश्नाचे उत्तर देऊया, तो म्हणजे कोणती म्युच्युअल फंड योजना चांगली आहे? याचे उत्तर देण्यासाठी, असे म्हणता येईल की योग्य सल्लागार निवडण्याऐवजी योजना योग्य नाही. वरील उदाहरणावरून नियमित योजना थेट योजनांपेक्षा अधिक फायदेशीर असल्याचे दर्शवित असताना, आमचे मत असे आहे की एखाद्याने योग्य आर्थिक नियोजकासह भागीदारी करणे आवश्यक आहे. दीर्घकाळात याची खात्री करण्यासाठीगुंतवणूकदार फायदे एक विवेकी सल्लागार गुंतवणूकदारांना प्रभावी मार्गाने मार्गदर्शन करेल जेणेकरून गुंतवणूकदार त्यांच्या गुंतवणुकीवर जास्तीत जास्त रक्कम कमावतील. याव्यतिरिक्त, तो/ती हे देखील सुनिश्चित करेल की गुंतवणूक संपत्ती निर्मितीसाठी मार्ग मोकळा करेल.

टॉप परफॉर्मिंग डायरेक्ट इक्विटी फंड

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Franklin India Opportunities Fund - Direct Growth	₹278.889 ↓ -4.10	₹7,578	-3.7	-3.2	8.5	26.7	21.1	4.4
Franklin India Feeder - Franklin U S Opportunities Fund - Direct Growth	₹102.717 ↑ 0.93	₹4,408	13.5	12.7	33.7	26.2	13.6	12.4
Franklin Build India Fund - Direct Growth	₹166.666 ↓ -2.53	₹2,858	-3.1	-0.5	7.1	25.6	24.1	4.8
Sundaram SMILE Fund - Direct Growth	₹301.812 ↓ -7.19	₹2,983	4	2.3	13.8	21.2	20.1	1.5
DSP Micro Cap Fund - Direct Growth	₹223.011 ↓ -5.71	₹15,300	1.9	1.9	15.7	20.9	19.8	-1.9
Franklin India Prima Fund - Direct Growth	₹2,979 ↓ -76.15	₹10,899	-4.7	-5.9	1	20.2	16.8	2.4
IDBI Small Cap Fund - Direct Growth	₹35.1321 ↓ -1.16	₹552	7.2	3.1	11.5	19.7	19.8	-12.1
Franklin India Smaller Companies Fund - Direct Growth	₹192.061 ↓ -4.94	₹11,724	2.2	-1.1	4.3	18.7	20.2	-7.6
Edelweiss Economic Resurgence Fund - Direct Growth	₹43.72 ↓ -0.91	₹2,957	-5.7	-4.6	3	17.8	16.4	7
Mirae Asset Emerging Bluechip Fund - Direct Growth	₹167.531 ↓ -3.57	₹38,138	-5.5	-5.5	4.5	15.8	13.9	10.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 May 26

Research Highlights & Commentary of 10 Funds showcased

Commentary	Franklin India Opportunities Fund - Direct	Franklin India Feeder - Franklin U S Opportunities Fund - Direct	Franklin Build India Fund - Direct	Sundaram SMILE Fund - Direct	DSP Micro Cap Fund - Direct	Franklin India Prima Fund - Direct	IDBI Small Cap Fund - Direct	Franklin India Smaller Companies Fund - Direct	Edelweiss Economic Resurgence Fund - Direct	Mirae Asset Emerging Bluechip Fund - Direct
Point 1	Upper mid AUM (₹7,578 Cr).	Lower mid AUM (₹4,408 Cr).	Bottom quartile AUM (₹2,858 Cr).	Lower mid AUM (₹2,983 Cr).	Top quartile AUM (₹15,300 Cr).	Upper mid AUM (₹10,899 Cr).	Bottom quartile AUM (₹552 Cr).	Upper mid AUM (₹11,724 Cr).	Bottom quartile AUM (₹2,957 Cr).	Highest AUM (₹38,138 Cr).
Point 2	Oldest track record among peers (13 yrs).	Established history (13+ yrs).	Established history (13+ yrs).	Established history (13+ yrs).	Established history (13+ yrs).	Established history (13+ yrs).	Established history (8+ yrs).	Established history (13+ yrs).	Established history (11+ yrs).	Established history (13+ yrs).
Point 3	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.
Point 4	Risk profile: Moderately High.	Risk profile: High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: High.	Risk profile: Moderately High.
Point 5	5Y return: 21.11% (top quartile).	5Y return: 13.56% (bottom quartile).	5Y return: 24.06% (top quartile).	5Y return: 20.06% (upper mid).	5Y return: 19.78% (lower mid).	5Y return: 16.83% (lower mid).	5Y return: 19.83% (upper mid).	5Y return: 20.24% (upper mid).	5Y return: 16.39% (bottom quartile).	5Y return: 13.89% (bottom quartile).
Point 6	3Y return: 26.67% (top quartile).	3Y return: 26.21% (top quartile).	3Y return: 25.59% (upper mid).	3Y return: 21.22% (upper mid).	3Y return: 20.90% (upper mid).	3Y return: 20.19% (lower mid).	3Y return: 19.73% (lower mid).	3Y return: 18.66% (bottom quartile).	3Y return: 17.77% (bottom quartile).	3Y return: 15.85% (bottom quartile).
Point 7	1Y return: 8.47% (upper mid).	1Y return: 33.72% (top quartile).	1Y return: 7.10% (lower mid).	1Y return: 13.76% (upper mid).	1Y return: 15.70% (top quartile).	1Y return: 1.01% (bottom quartile).	1Y return: 11.50% (upper mid).	1Y return: 4.30% (bottom quartile).	1Y return: 2.96% (bottom quartile).	1Y return: 4.50% (lower mid).
Point 8	Alpha: 2.07 (upper mid).	Alpha: -6.27 (bottom quartile).	Alpha: 0.00 (upper mid).	Alpha: 5.60 (top quartile).	Alpha: 0.00 (lower mid).	Alpha: -6.44 (bottom quartile).	Alpha: -2.77 (bottom quartile).	Alpha: -0.53 (lower mid).	Alpha: 2.79 (top quartile).	Alpha: 1.99 (upper mid).
Point 9	Sharpe: -0.33 (lower mid).	Sharpe: 1.07 (top quartile).	Sharpe: -0.05 (upper mid).	Sharpe: -0.13 (upper mid).	Sharpe: -0.01 (top quartile).	Sharpe: -0.53 (bottom quartile).	Sharpe: -0.65 (bottom quartile).	Sharpe: -0.50 (bottom quartile).	Sharpe: -0.29 (lower mid).	Sharpe: -0.21 (upper mid).
Point 10	Information ratio: 1.49 (top quartile).	Information ratio: -1.44 (bottom quartile).	Information ratio: 0.00 (upper mid).	Information ratio: -0.18 (upper mid).	Information ratio: 0.00 (upper mid).	Information ratio: -0.48 (lower mid).	Information ratio: -0.41 (lower mid).	Information ratio: -0.48 (bottom quartile).	Information ratio: 1.20 (top quartile).	Information ratio: -0.55 (bottom quartile).

Franklin India Opportunities Fund - Direct

Upper mid AUM (₹7,578 Cr).
Oldest track record among peers (13 yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 21.11% (top quartile).
3Y return: 26.67% (top quartile).
1Y return: 8.47% (upper mid).
Alpha: 2.07 (upper mid).
Sharpe: -0.33 (lower mid).
Information ratio: 1.49 (top quartile).

Franklin India Feeder - Franklin U S Opportunities Fund - Direct

Lower mid AUM (₹4,408 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: High.
5Y return: 13.56% (bottom quartile).
3Y return: 26.21% (top quartile).
1Y return: 33.72% (top quartile).
Alpha: -6.27 (bottom quartile).
Sharpe: 1.07 (top quartile).
Information ratio: -1.44 (bottom quartile).

Franklin Build India Fund - Direct

Bottom quartile AUM (₹2,858 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: High.
5Y return: 24.06% (top quartile).
3Y return: 25.59% (upper mid).
1Y return: 7.10% (lower mid).
Alpha: 0.00 (upper mid).
Sharpe: -0.05 (upper mid).
Information ratio: 0.00 (upper mid).

Sundaram SMILE Fund - Direct

Lower mid AUM (₹2,983 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 20.06% (upper mid).
3Y return: 21.22% (upper mid).
1Y return: 13.76% (upper mid).
Alpha: 5.60 (top quartile).
Sharpe: -0.13 (upper mid).
Information ratio: -0.18 (upper mid).

DSP Micro Cap Fund - Direct

Top quartile AUM (₹15,300 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 19.78% (lower mid).
3Y return: 20.90% (upper mid).
1Y return: 15.70% (top quartile).
Alpha: 0.00 (lower mid).
Sharpe: -0.01 (top quartile).
Information ratio: 0.00 (upper mid).

Franklin India Prima Fund - Direct

Upper mid AUM (₹10,899 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 16.83% (lower mid).
3Y return: 20.19% (lower mid).
1Y return: 1.01% (bottom quartile).
Alpha: -6.44 (bottom quartile).
Sharpe: -0.53 (bottom quartile).
Information ratio: -0.48 (lower mid).

IDBI Small Cap Fund - Direct

Bottom quartile AUM (₹552 Cr).
Established history (8+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 19.83% (upper mid).
3Y return: 19.73% (lower mid).
1Y return: 11.50% (upper mid).
Alpha: -2.77 (bottom quartile).
Sharpe: -0.65 (bottom quartile).
Information ratio: -0.41 (lower mid).

Franklin India Smaller Companies Fund - Direct

Upper mid AUM (₹11,724 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 20.24% (upper mid).
3Y return: 18.66% (bottom quartile).
1Y return: 4.30% (bottom quartile).
Alpha: -0.53 (lower mid).
Sharpe: -0.50 (bottom quartile).
Information ratio: -0.48 (bottom quartile).

Edelweiss Economic Resurgence Fund - Direct

Bottom quartile AUM (₹2,957 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: High.
5Y return: 16.39% (bottom quartile).
3Y return: 17.77% (bottom quartile).
1Y return: 2.96% (bottom quartile).
Alpha: 2.79 (top quartile).
Sharpe: -0.29 (lower mid).
Information ratio: 1.20 (top quartile).

Mirae Asset Emerging Bluechip Fund - Direct

Highest AUM (₹38,138 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 13.89% (bottom quartile).
3Y return: 15.85% (bottom quartile).
1Y return: 4.50% (lower mid).
Alpha: 1.99 (upper mid).
Sharpe: -0.21 (upper mid).
Information ratio: -0.55 (bottom quartile).

1. Franklin India Opportunities Fund - Direct

The investment objective of Franklin India Opportunities Fund (FIOF) is to generate capital appreciation by capitalizing on the long-term growth opportunities in the Indian economy.

Research Highlights for Franklin India Opportunities Fund - Direct

Upper mid AUM (₹7,578 Cr).
Oldest track record among peers (13 yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 21.11% (top quartile).
3Y return: 26.67% (top quartile).
1Y return: 8.47% (upper mid).
Alpha: 2.07 (upper mid).
Sharpe: -0.33 (lower mid).
Information ratio: 1.49 (top quartile).

Below is the key information for Franklin India Opportunities Fund - Direct

Franklin India Opportunities Fund - Direct Growth
Launch Date	1 Jan 13
NAV (11 May 26)	₹278.889 ↓ -4.10 (-1.45 %)
Net Assets (Cr)	₹7,578 on 31 Mar 26
Category	Equity - Sectoral
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	0.54
Sharpe Ratio	-0.33
Information Ratio	1.49
Alpha Ratio	2.07
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹10,957
30 Apr 23	₹12,519
30 Apr 24	₹22,357
30 Apr 25	₹24,656
30 Apr 26	₹25,998

Franklin India Opportunities Fund - Direct SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033 Invest Now

Returns for Franklin India Opportunities Fund - Direct

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 May 26

Duration	Returns
1 Month	3.3%
3 Month	-3.7%
6 Month	-3.2%
1 Year	8.5%
3 Year	26.7%
5 Year	21.1%
10 Year
15 Year
Since launch	17.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	4.4%
2023	39.2%
2022	54.9%
2021	-1.2%
2020	30.6%
2019	28.7%
2018	6.1%
2017	-9.4%
2016	36.8%
2015	5%

Fund Manager information for Franklin India Opportunities Fund - Direct

Name	Since	Tenure
Kiran Sebastian	7 Feb 22	4.23 Yr.
R. Janakiraman	1 Apr 13	13.09 Yr.
Sandeep Manam	18 Oct 21	4.53 Yr.

Data below for Franklin India Opportunities Fund - Direct as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Financial Services	25.06%
Consumer Cyclical	14.7%
Technology	11.89%
Industrials	9.98%
Health Care	9.81%
Basic Materials	7.36%
Energy	7.14%
Communication Services	5.58%
Utility	5%

Asset Allocation

Asset Class	Value
Cash	3.48%
Equity	96.52%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Axis Bank Ltd (Financial Services) Equity, Since 30 Apr 25 \| 532215	6%	₹459 Cr	3,948,707
NTPC Ltd (Utilities) Equity, Since 31 Aug 22 \| 532555	5%	₹379 Cr	10,229,949 ↑ 2,317,138
State Bank of India (Financial Services) Equity, Since 31 Oct 25 \| SBIN	4%	₹291 Cr	2,969,724
Shriram Finance Ltd (Financial Services) Equity, Since 31 Jan 26 \| SHRIRAMFIN	4%	₹286 Cr	3,277,285 ↑ 1,290,388
Reliance Industries Ltd (Energy) Equity, Since 30 Apr 22 \| RELIANCE	4%	₹283 Cr	2,107,409
Amphenol Corp Class A (Technology) Equity, Since 31 Jul 25 \| APH	4%	₹278 Cr	234,384
Oil & Natural Gas Corp Ltd (Energy) Equity, Since 31 Jan 26 \| 500312	3%	₹258 Cr	9,058,754 ↓ -4,107,692
APL Apollo Tubes Ltd (Basic Materials) Equity, Since 31 Oct 24 \| APLAPOLLO	3%	₹250 Cr	1,289,735
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 26 \| HDFCBANK	3%	₹205 Cr	2,806,438
AIA Engineering Ltd (Industrials) Equity, Since 30 Nov 25 \| AIAENG	3%	₹196 Cr	538,094

2. Franklin India Feeder - Franklin U S Opportunities Fund - Direct

The Fund seeks to provide capital appreciation by investing predominantly in units of Franklin U. S. Opportunities Fund, an overseas Franklin Templeton mutual fund, which primarily invests in securities in the United States of America.

Research Highlights for Franklin India Feeder - Franklin U S Opportunities Fund - Direct

Lower mid AUM (₹4,408 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: High.
5Y return: 13.56% (bottom quartile).
3Y return: 26.21% (top quartile).
1Y return: 33.72% (top quartile).
Alpha: -6.27 (bottom quartile).
Sharpe: 1.07 (top quartile).
Information ratio: -1.44 (bottom quartile).

Below is the key information for Franklin India Feeder - Franklin U S Opportunities Fund - Direct

Franklin India Feeder - Franklin U S Opportunities Fund - Direct Growth
Launch Date	2 Jan 13
NAV (11 May 26)	₹102.717 ↑ 0.93 (0.91 %)
Net Assets (Cr)	₹4,408 on 31 Mar 26
Category	Equity - Global
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	Not Rated
Risk	High
Expense Ratio	0.59
Sharpe Ratio	1.07
Information Ratio	-1.44
Alpha Ratio	-6.27
Min Investment
Min SIP Investment
Exit Load	0-3 Years (1%),3 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹8,580
30 Apr 23	₹8,752
30 Apr 24	₹11,807
30 Apr 25	₹12,816
30 Apr 26	₹17,234

Franklin India Feeder - Franklin U S Opportunities Fund - Direct SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 Invest Now

Purchase not allowed

Returns for Franklin India Feeder - Franklin U S Opportunities Fund - Direct

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 May 26

Duration	Returns
1 Month	11.8%
3 Month	13.5%
6 Month	12.7%
1 Year	33.7%
3 Year	26.2%
5 Year	13.6%
10 Year
15 Year
Since launch	17.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	12.4%
2023	28.4%
2022	39.3%
2021	-29.6%
2020	19.1%
2019	46.6%
2018	35.4%
2017	7.4%
2016	19.2%
2015	0%

Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund - Direct

Name	Since	Tenure
Sandeep Manam	18 Oct 21	4.53 Yr.

Data below for Franklin India Feeder - Franklin U S Opportunities Fund - Direct as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Technology	40.89%
Communication Services	13.17%
Consumer Cyclical	13.16%
Health Care	10.3%
Industrials	8.13%
Financial Services	4.27%
Basic Materials	1.55%
Consumer Defensive	0.83%
Real Estate	0.51%

Asset Allocation

Asset Class	Value
Cash	1.28%
Equity	96.7%
Other	0.16%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Franklin US Opportunities I(acc)USD Investment Fund \| -	99%	₹4,359 Cr	4,886,238 ↑ 49,511
Call, Cash & Other Assets CBLO \| -	1%	₹49 Cr

3. Franklin Build India Fund - Direct

The Scheme seeks to achieve capital appreciation by investing in companies engaged directly or indirectly in infrastructure related activities.

Research Highlights for Franklin Build India Fund - Direct

Bottom quartile AUM (₹2,858 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: High.
5Y return: 24.06% (top quartile).
3Y return: 25.59% (upper mid).
1Y return: 7.10% (lower mid).
Alpha: 0.00 (upper mid).
Sharpe: -0.05 (upper mid).
Information ratio: 0.00 (upper mid).

Below is the key information for Franklin Build India Fund - Direct

Franklin Build India Fund - Direct Growth
Launch Date	1 Jan 13
NAV (12 May 26)	₹166.666 ↓ -2.53 (-1.50 %)
Net Assets (Cr)	₹2,858 on 31 Mar 26
Category	Equity - Sectoral
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	Not Rated
Risk	High
Expense Ratio	0.98
Sharpe Ratio	-0.05
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹12,874
30 Apr 23	₹15,073
30 Apr 24	₹27,152
30 Apr 25	₹27,789
30 Apr 26	₹31,262

Franklin Build India Fund - Direct SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹556,833.
Net Profit of ₹256,833 Invest Now

Returns for Franklin Build India Fund - Direct

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 May 26

Duration	Returns
1 Month	0.1%
3 Month	-3.1%
6 Month	-0.5%
1 Year	7.1%
3 Year	25.6%
5 Year	24.1%
10 Year
15 Year
Since launch	20.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	4.8%
2023	29.1%
2022	52.7%
2021	12.4%
2020	47.4%
2019	6.5%
2018	7.2%
2017	-9.5%
2016	45.1%
2015	9.9%

Fund Manager information for Franklin Build India Fund - Direct

Name	Since	Tenure
Ajay Argal	18 Oct 21	4.53 Yr.
Kiran Sebastian	7 Feb 22	4.23 Yr.
Sandeep Manam	18 Oct 21	4.53 Yr.

Data below for Franklin Build India Fund - Direct as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Industrials	31.88%
Utility	16.03%
Financial Services	14.02%
Energy	13.73%
Communication Services	7.21%
Basic Materials	7.11%
Real Estate	2.27%
Consumer Cyclical	1.15%
Technology	1.04%

Asset Allocation

Asset Class	Value
Cash	5.57%
Equity	94.43%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Larsen & Toubro Ltd (Industrials) Equity, Since 29 Feb 20 \| LT	7%	₹210 Cr	600,000 ↓ -65,000
Oil & Natural Gas Corp Ltd (Energy) Equity, Since 30 Jun 19 \| 500312	7%	₹194 Cr	6,825,000
Reliance Industries Ltd (Energy) Equity, Since 31 Oct 21 \| RELIANCE	6%	₹169 Cr	1,260,000
InterGlobe Aviation Ltd (Industrials) Equity, Since 29 Feb 20 \| INDIGO	6%	₹166 Cr	420,000
NTPC Ltd (Utilities) Equity, Since 30 Nov 16 \| 532555	6%	₹163 Cr	4,400,000 ↑ 421,273
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Sep 09 \| BHARTIARTL	4%	₹127 Cr	710,000
Power Grid Corp Of India Ltd (Utilities) Equity, Since 28 Feb 21 \| 532898	4%	₹121 Cr	4,100,000 ↑ 500,000
HDFC Bank Ltd (Financial Services) Equity, Since 31 Oct 25 \| HDFCBANK	4%	₹119 Cr	1,625,000 ↑ 125,000
Axis Bank Ltd (Financial Services) Equity, Since 31 Mar 12 \| 532215	4%	₹116 Cr	1,000,000
Tata Power Co Ltd (Utilities) Equity, Since 31 Jan 25 \| 500400	3%	₹83 Cr	2,200,000 ↑ 200,000

4. Sundaram SMILE Fund - Direct

To primarily achieve capital appreciation by investing in diversified stocks that are generally termed as small and mid-caps and by investing in other equities.

Research Highlights for Sundaram SMILE Fund - Direct

Lower mid AUM (₹2,983 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 20.06% (upper mid).
3Y return: 21.22% (upper mid).
1Y return: 13.76% (upper mid).
Alpha: 5.60 (top quartile).
Sharpe: -0.13 (upper mid).
Information ratio: -0.18 (upper mid).

Below is the key information for Sundaram SMILE Fund - Direct

Sundaram SMILE Fund - Direct Growth
Launch Date	1 Jan 13
NAV (12 May 26)	₹301.812 ↓ -7.19 (-2.33 %)
Net Assets (Cr)	₹2,983 on 31 Mar 26
Category	Equity - Small Cap
AMC	Sundaram Asset Management Company Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	0.85
Sharpe Ratio	-0.14
Information Ratio	-0.18
Alpha Ratio	5.6
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹12,948
30 Apr 23	₹13,956
30 Apr 24	₹21,346
30 Apr 25	₹21,594
30 Apr 26	₹25,267

Sundaram SMILE Fund - Direct SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644 Invest Now

Returns for Sundaram SMILE Fund - Direct

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 May 26

Duration	Returns
1 Month	6.9%
3 Month	4%
6 Month	2.3%
1 Year	13.8%
3 Year	21.2%
5 Year	20.1%
10 Year
15 Year
Since launch	17.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	1.5%
2023	20.4%
2022	46.9%
2021	-0.9%
2020	62%
2019	27.4%
2018	-5.2%
2017	-28.6%
2016	56.7%
2015	0.1%

Fund Manager information for Sundaram SMILE Fund - Direct

Name	Since	Tenure
Rohit Seksaria	1 Nov 22	3.5 Yr.

Data below for Sundaram SMILE Fund - Direct as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Consumer Cyclical	21.48%
Industrials	19.68%
Financial Services	18.97%
Health Care	12.65%
Basic Materials	8.52%
Communication Services	4.99%
Technology	3.5%
Consumer Defensive	2.86%
Real Estate	2.1%
Utility	1%

Asset Allocation

Asset Class	Value
Cash	4.15%
Equity	95.75%
Debt	0.1%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
MTAR Technologies Ltd (Industrials) Equity, Since 31 Dec 24 \| MTARTECH	4%	₹121 Cr	349,511 ↓ -3,078
Aster DM Healthcare Ltd Ordinary Shares (Healthcare) Equity, Since 30 Nov 23 \| ASTERDM	4%	₹113 Cr	1,681,362
SJS Enterprises Ltd (Consumer Cyclical) Equity, Since 31 Aug 23 \| 543387	3%	₹90 Cr	577,256
Affle 3i Ltd (Communication Services) Equity, Since 31 May 21 \| AFFLE	3%	₹86 Cr	594,278 ↑ 24,633
E I D Parry India Ltd (Basic Materials) Equity, Since 31 Jul 24 \| EIDPARRY	3%	₹81 Cr	1,045,263 ↑ 38,877
Eternal Ltd (Consumer Cyclical) Equity, Since 30 Nov 24 \| 543320	3%	₹76 Cr	3,324,013 ↑ 481,686
PNB Housing Finance Ltd (Financial Services) Equity, Since 31 Jul 24 \| PNBHOUSING	3%	₹75 Cr	992,680
Craftsman Automation Ltd (Consumer Cyclical) Equity, Since 30 Jun 24 \| CRAFTSMAN	2%	₹74 Cr	106,539
DCB Bank Ltd (Financial Services) Equity, Since 30 Sep 24 \| DCBBANK	2%	₹70 Cr	4,443,809
Rategain Travel Technologies Ltd (Technology) Equity, Since 30 Jun 23 \| 543417	2%	₹67 Cr	1,534,556 ↑ 32,858

5. DSP Micro Cap Fund - Direct

The primary investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of small cap companies. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized

Research Highlights for DSP Micro Cap Fund - Direct

Top quartile AUM (₹15,300 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 19.78% (lower mid).
3Y return: 20.90% (upper mid).
1Y return: 15.70% (top quartile).
Alpha: 0.00 (lower mid).
Sharpe: -0.01 (top quartile).
Information ratio: 0.00 (upper mid).

Below is the key information for DSP Micro Cap Fund - Direct

DSP Micro Cap Fund - Direct Growth
Launch Date	1 Jan 13
NAV (12 May 26)	₹223.011 ↓ -5.71 (-2.50 %)
Net Assets (Cr)	₹15,300 on 31 Mar 26
Category	Equity - Small Cap
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	Not Rated
Risk	Moderately High
Expense Ratio	0.83
Sharpe Ratio	-0.01
Information Ratio	0
Alpha Ratio	0
Min Investment
Min SIP Investment
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹13,768
30 Apr 23	₹14,151
30 Apr 24	₹21,129
30 Apr 25	₹21,320
30 Apr 26	₹25,687

DSP Micro Cap Fund - Direct SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520 Invest Now

Purchase not allowed

Returns for DSP Micro Cap Fund - Direct

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 May 26

Duration	Returns
1 Month	3.8%
3 Month	1.9%
6 Month	1.9%
1 Year	15.7%
3 Year	20.9%
5 Year	19.8%
10 Year
15 Year
Since launch	20.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	-1.9%
2023	26.7%
2022	42.5%
2021	1.4%
2020	60.3%
2019	34.3%
2018	1.6%
2017	-25.1%
2016	43.4%
2015	13.6%

Fund Manager information for DSP Micro Cap Fund - Direct

Name	Since	Tenure
Vinit Sambre	21 Jun 10	15.87 Yr.

Data below for DSP Micro Cap Fund - Direct as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Consumer Cyclical	33.83%
Basic Materials	16.53%
Industrials	15.06%
Health Care	9.95%
Financial Services	8.14%
Consumer Defensive	7.04%
Technology	2.32%
Communication Services	0.5%
Utility	0.03%

Asset Allocation

Asset Class	Value
Cash	6.6%
Equity	93.4%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Lumax Auto Technologies Ltd (Consumer Cyclical) Equity, Since 30 Jun 18 \| LUMAXTECH	6%	₹943 Cr	6,196,634
Thangamayil Jewellery Ltd (Consumer Cyclical) Equity, Since 30 Nov 21 \| THANGAMAYL	4%	₹575 Cr	1,677,908
Kirloskar Oil Engines Ltd (Industrials) Equity, Since 31 Mar 23 \| KIRLOSENG	3%	₹500 Cr	3,762,866 ↓ -173,926
Welspun Corp Ltd (Basic Materials) Equity, Since 31 Mar 21 \| 532144	3%	₹447 Cr	5,500,000
Jubilant Ingrevia Ltd Ordinary Shares (Basic Materials) Equity, Since 31 Dec 22 \| JUBLINGREA	2%	₹381 Cr	7,000,000
Sansera Engineering Ltd (Consumer Cyclical) Equity, Since 30 Jun 24 \| 543358	2%	₹367 Cr	1,770,029
Dodla Dairy Ltd (Consumer Defensive) Equity, Since 30 Jun 21 \| 543306	2%	₹364 Cr	3,750,000
LT Foods Ltd (Consumer Defensive) Equity, Since 31 Dec 17 \| 532783	2%	₹363 Cr	10,000,000
Triveni Engineering & Industries Ltd (Consumer Defensive) Equity, Since 31 Aug 17 \| 532356	2%	₹349 Cr	9,200,000
Ipca Laboratories Ltd (Healthcare) Equity, Since 30 Nov 14 \| 524494	2%	₹336 Cr	2,101,047

6. Franklin India Prima Fund - Direct

The investment objective of Prima Fund is to provide medium to longterm capital appreciation as a primary objective and income as a secondary objective.

Research Highlights for Franklin India Prima Fund - Direct

Upper mid AUM (₹10,899 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 16.83% (lower mid).
3Y return: 20.19% (lower mid).
1Y return: 1.01% (bottom quartile).
Alpha: -6.44 (bottom quartile).
Sharpe: -0.53 (bottom quartile).
Information ratio: -0.48 (lower mid).

Below is the key information for Franklin India Prima Fund - Direct

Franklin India Prima Fund - Direct Growth
Launch Date	1 Jan 13
NAV (12 May 26)	₹2,979 ↓ -76.15 (-2.49 %)
Net Assets (Cr)	₹10,899 on 31 Mar 26
Category	Equity - Mid Cap
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	0.98
Sharpe Ratio	-0.53
Information Ratio	-0.48
Alpha Ratio	-6.44
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹11,514
30 Apr 23	₹12,358
30 Apr 24	₹18,787
30 Apr 25	₹21,227
30 Apr 26	₹22,065

Franklin India Prima Fund - Direct SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689 Invest Now

Returns for Franklin India Prima Fund - Direct

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 May 26

Duration	Returns
1 Month	1.3%
3 Month	-4.7%
6 Month	-5.9%
1 Year	1%
3 Year	20.2%
5 Year	16.8%
10 Year
15 Year
Since launch	17.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	2.4%
2023	32.9%
2022	38%
2021	3%
2020	33.7%
2019	18.8%
2018	4.5%
2017	-8.5%
2016	41.1%
2015	9.5%

Fund Manager information for Franklin India Prima Fund - Direct

Name	Since	Tenure
R. Janakiraman	1 Feb 11	15.25 Yr.
Sandeep Manam	18 Oct 21	4.53 Yr.
Akhil Kalluri	7 Feb 22	4.23 Yr.

Data below for Franklin India Prima Fund - Direct as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Financial Services	21.36%
Industrials	14.54%
Consumer Cyclical	13.66%
Basic Materials	11.32%
Health Care	10.41%
Technology	8.17%
Real Estate	5.5%
Consumer Defensive	3.71%
Communication Services	3.18%
Utility	2.14%
Energy	0.95%

Asset Allocation

Asset Class	Value
Cash	5.06%
Equity	94.94%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
The Federal Bank Ltd (Financial Services) Equity, Since 30 Jun 20 \| FEDERALBNK	3%	₹287 Cr	11,074,683
Biocon Ltd (Healthcare) Equity, Since 30 Jun 25 \| BIOCON	2%	₹261 Cr	7,219,684
Mphasis Ltd (Technology) Equity, Since 30 Sep 20 \| 526299	2%	₹237 Cr	1,152,885
Ipca Laboratories Ltd (Healthcare) Equity, Since 30 Nov 20 \| 524494	2%	₹236 Cr	1,473,633
APL Apollo Tubes Ltd (Basic Materials) Equity, Since 31 Mar 22 \| APLAPOLLO	2%	₹232 Cr	1,199,891
ICICI Lombard General Insurance Co Ltd (Financial Services) Equity, Since 31 Jul 24 \| ICICIGI	2%	₹222 Cr	1,295,000
Mahindra & Mahindra Financial Services Ltd (Financial Services) Equity, Since 30 Sep 22 \| M&MFIN	2%	₹212 Cr	7,413,356
Tube Investments of India Ltd Ordinary Shares (Industrials) Equity, Since 28 Feb 22 \| TIINDIA	2%	₹210 Cr	836,172 ↑ 175,145
Tata Steel Ltd (Basic Materials) Equity, Since 30 Nov 22 \| TATASTEEL	2%	₹208 Cr	10,850,000
Mankind Pharma Ltd (Healthcare) Equity, Since 28 Feb 26 \| MANKIND	2%	₹206 Cr	1,029,108 ↑ 552,543

7. IDBI Small Cap Fund - Direct

The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small Cap companies. However there can be no assurance that the investment objective under the Scheme will be realized.

Research Highlights for IDBI Small Cap Fund - Direct

Bottom quartile AUM (₹552 Cr).
Established history (8+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 19.83% (upper mid).
3Y return: 19.73% (lower mid).
1Y return: 11.50% (upper mid).
Alpha: -2.77 (bottom quartile).
Sharpe: -0.65 (bottom quartile).
Information ratio: -0.41 (lower mid).

Below is the key information for IDBI Small Cap Fund - Direct

IDBI Small Cap Fund - Direct Growth
Launch Date	21 Jun 17
NAV (12 May 26)	₹35.1321 ↓ -1.16 (-3.19 %)
Net Assets (Cr)	₹552 on 31 Mar 26
Category	Equity - Small Cap
AMC	IDBI Asset Management Limited
Rating	Not Rated
Risk	Moderately High
Expense Ratio	1.03
Sharpe Ratio	-0.65
Information Ratio	-0.41
Alpha Ratio	-2.77
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹13,555
30 Apr 23	₹14,227
30 Apr 24	₹21,446
30 Apr 25	₹22,068
30 Apr 26	₹24,776

IDBI Small Cap Fund - Direct SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520 Invest Now

Returns for IDBI Small Cap Fund - Direct

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 May 26

Duration	Returns
1 Month	8.1%
3 Month	7.2%
6 Month	3.1%
1 Year	11.5%
3 Year	19.7%
5 Year	19.8%
10 Year
15 Year
Since launch	15.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	-12.1%
2023	41.5%
2022	34.7%
2021	3.4%
2020	66.3%
2019	20.1%
2018	-3%
2017	-12.6%
2016
2015

Fund Manager information for IDBI Small Cap Fund - Direct

Name	Since	Tenure
Dikshit Mittal	24 Jul 25	0.77 Yr.
Mahesh Bendre	1 Jul 24	1.83 Yr.

Data below for IDBI Small Cap Fund - Direct as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Industrials	29.3%
Basic Materials	14.75%
Consumer Cyclical	13.57%
Financial Services	10.91%
Consumer Defensive	9.88%
Health Care	6.7%
Technology	5.75%
Utility	3.01%
Real Estate	1.36%
Communication Services	1%

Asset Allocation

Asset Class	Value
Cash	3.77%
Equity	96.23%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Garware Hi-Tech Films Ltd (Basic Materials) Equity, Since 30 Sep 25 \| 500655	4%	₹24 Cr	59,787 ↑ 27,822
Navin Fluorine International Ltd (Basic Materials) Equity, Since 30 Sep 19 \| NAVINFLUOR	3%	₹20 Cr	29,286 ↑ 3,908
Manorama Industries Ltd (Consumer Defensive) Equity, Since 31 Dec 24 \| 541974	3%	₹18 Cr	120,282 ↑ 679
Avalon Technologies Ltd (Technology) Equity, Since 31 Aug 23 \| AVALON	3%	₹18 Cr	171,362 ↑ 24,615
Allied Blenders and Distillers Ltd (Consumer Defensive) Equity, Since 31 Jul 24 \| ABDL	3%	₹17 Cr	326,615 ↑ 475
Schneider Electric Infrastructure Ltd (Industrials) Equity, Since 31 Aug 25 \| SCHNEIDER	3%	₹17 Cr	133,576
KSH International Ltd (Industrials) Equity, Since 31 Dec 25 \| KSHINTL	3%	₹17 Cr	249,380 ↓ -20,000
Carraro India Ltd (Consumer Cyclical) Equity, Since 31 Dec 25 \| CARRARO	2%	₹14 Cr	258,560 ↑ 60,000
Bharat Bijlee Ltd (Industrials) Equity, Since 31 May 25 \| BBL	2%	₹14 Cr	45,646 ↑ 5,000
Arvind Fashions Ltd (Consumer Cyclical) Equity, Since 29 Feb 24 \| ARVINDFASN	2%	₹14 Cr	308,247 ↑ 30,000

8. Franklin India Smaller Companies Fund - Direct

The Fund seeks to provide long-term capital appreciation by investing in mid and small cap companies.

Research Highlights for Franklin India Smaller Companies Fund - Direct

Upper mid AUM (₹11,724 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 20.24% (upper mid).
3Y return: 18.66% (bottom quartile).
1Y return: 4.30% (bottom quartile).
Alpha: -0.53 (lower mid).
Sharpe: -0.50 (bottom quartile).
Information ratio: -0.48 (bottom quartile).

Below is the key information for Franklin India Smaller Companies Fund - Direct

Franklin India Smaller Companies Fund - Direct Growth
Launch Date	1 Jan 13
NAV (12 May 26)	₹192.061 ↓ -4.94 (-2.51 %)
Net Assets (Cr)	₹11,724 on 31 Mar 26
Category	Equity - Small Cap
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	0.92
Sharpe Ratio	-0.5
Information Ratio	-0.48
Alpha Ratio	-0.53
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹13,220
30 Apr 23	₹14,887
30 Apr 24	₹24,127
30 Apr 25	₹23,866
30 Apr 26	₹25,952

Franklin India Smaller Companies Fund - Direct SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644 Invest Now

Returns for Franklin India Smaller Companies Fund - Direct

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 May 26

Duration	Returns
1 Month	5.7%
3 Month	2.2%
6 Month	-1.1%
1 Year	4.3%
3 Year	18.7%
5 Year	20.2%
10 Year
15 Year
Since launch	19.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	-7.6%
2023	24.2%
2022	53.5%
2021	4.4%
2020	57.7%
2019	19.7%
2018	-4%
2017	-16.4%
2016	45.3%
2015	11.5%

Fund Manager information for Franklin India Smaller Companies Fund - Direct

Name	Since	Tenure
R. Janakiraman	1 Feb 11	15.25 Yr.
Sandeep Manam	18 Oct 21	4.54 Yr.
Akhil Kalluri	8 Sep 22	3.65 Yr.

Data below for Franklin India Smaller Companies Fund - Direct as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Industrials	18.2%
Consumer Cyclical	17.75%
Financial Services	16.92%
Health Care	10.83%
Basic Materials	10.41%
Technology	8.99%
Real Estate	3.68%
Consumer Defensive	3.64%
Utility	3.48%

Asset Allocation

Asset Class	Value
Cash	6.1%
Equity	93.9%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Syrma SGS Technology Ltd (Technology) Equity, Since 31 Aug 22 \| SYRMA	3%	₹301 Cr	3,895,864
Eris Lifesciences Ltd Registered Shs (Healthcare) Equity, Since 30 Sep 19 \| ERIS	2%	₹290 Cr	2,233,791 ↑ 366,963
Aster DM Healthcare Ltd Ordinary Shares (Healthcare) Equity, Since 31 Jul 23 \| ASTERDM	2%	₹263 Cr	3,925,704 ↓ -750,000
Brigade Enterprises Ltd (Real Estate) Equity, Since 30 Jun 14 \| 532929	2%	₹252 Cr	3,868,691
Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services) Equity, Since 31 Oct 20 \| EQUITASBNK	2%	₹249 Cr	48,064,081
Kajaria Ceramics Ltd (Industrials) Equity, Since 30 Apr 25 \| 500233	2%	₹244 Cr	2,649,656 ↑ 150,000
Kirloskar Oil Engines Ltd (Industrials) Equity, Since 30 Nov 22 \| KIRLOSENG	2%	₹238 Cr	1,788,600 ↓ -62,335
Zensar Technologies Ltd (Technology) Equity, Since 28 Feb 23 \| ZENSARTECH	2%	₹214 Cr	4,149,779 ↑ 509,301
CCL Products (India) Ltd (Consumer Defensive) Equity, Since 30 Apr 19 \| CCL	2%	₹209 Cr	2,011,880 ↓ -604,774
CESC Ltd (Utilities) Equity, Since 30 Apr 24 \| CESC	2%	₹201 Cr	13,401,420

9. Edelweiss Economic Resurgence Fund - Direct

The investment objective of the Scheme is to generate long-term capital appreciation from a diversi?ed portfolio that predominantly invests in equity and equity-related securities of companies across various market capitalisation. However, there can be no assurance that the investment objective of the Scheme will be realised.

Research Highlights for Edelweiss Economic Resurgence Fund - Direct

Bottom quartile AUM (₹2,957 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: High.
5Y return: 16.39% (bottom quartile).
3Y return: 17.77% (bottom quartile).
1Y return: 2.96% (bottom quartile).
Alpha: 2.79 (top quartile).
Sharpe: -0.29 (lower mid).
Information ratio: 1.20 (top quartile).

Below is the key information for Edelweiss Economic Resurgence Fund - Direct

Edelweiss Economic Resurgence Fund - Direct Growth
Launch Date	3 Feb 15
NAV (12 May 26)	₹43.72 ↓ -0.91 (-2.03 %)
Net Assets (Cr)	₹2,957 on 31 Mar 26
Category	Equity - Multi Cap
AMC	Edelweiss Asset Management Limited
Rating	Not Rated
Risk	High
Expense Ratio	0.44
Sharpe Ratio	-0.29
Information Ratio	1.2
Alpha Ratio	2.79
Min Investment
Min SIP Investment
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹12,065
30 Apr 23	₹13,029
30 Apr 24	₹18,808
30 Apr 25	₹20,669
30 Apr 26	₹21,967

Edelweiss Economic Resurgence Fund - Direct SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689 Invest Now

Purchase not allowed

Returns for Edelweiss Economic Resurgence Fund - Direct

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 May 26

Duration	Returns
1 Month	-0.2%
3 Month	-5.7%
6 Month	-4.6%
1 Year	3%
3 Year	17.8%
5 Year	16.4%
10 Year
15 Year
Since launch	14%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7%
2023	27.4%
2022	31.4%
2021	2.4%
2020	37.1%
2019	16.4%
2018	10.3%
2017	-3.6%
2016	47.9%
2015	1.2%

Fund Manager information for Edelweiss Economic Resurgence Fund - Direct

Name	Since	Tenure
Ashwani Agarwalla	15 Jun 22	3.88 Yr.
Trideep Bhattacharya	1 Oct 21	4.58 Yr.
Raj Koradia	1 Aug 24	1.75 Yr.

Data below for Edelweiss Economic Resurgence Fund - Direct as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Financial Services	33.64%
Consumer Cyclical	11.19%
Industrials	10.56%
Basic Materials	7.39%
Technology	7.23%
Health Care	6.56%
Energy	6.09%
Consumer Defensive	5.94%
Utility	3.58%
Communication Services	1.97%
Real Estate	1.15%

Asset Allocation

Asset Class	Value
Cash	4.71%
Equity	95.29%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 15 \| HDFCBANK	5%	₹160 Cr	2,190,827
ICICI Bank Ltd (Financial Services) Equity, Since 28 Feb 15 \| ICICIBANK	5%	₹147 Cr	1,217,695 ↑ 92,888
Reliance Industries Ltd (Energy) Equity, Since 31 Jul 17 \| RELIANCE	4%	₹107 Cr	794,855
NTPC Ltd (Utilities) Equity, Since 31 Oct 22 \| 532555	4%	₹106 Cr	2,854,793
Larsen & Toubro Ltd (Industrials) Equity, Since 28 Feb 15 \| LT	3%	₹100 Cr	285,169 ↑ 43,557
State Bank of India (Financial Services) Equity, Since 31 Aug 18 \| SBIN	3%	₹91 Cr	926,234
Tata Steel Ltd (Basic Materials) Equity, Since 31 May 25 \| TATASTEEL	3%	₹76 Cr	3,958,054
Infosys Ltd (Technology) Equity, Since 30 Apr 18 \| INFY	2%	₹67 Cr	532,965
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Oct 19 \| BHARTIARTL	2%	₹58 Cr	326,273 ↓ -48,957
UltraTech Cement Ltd (Basic Materials) Equity, Since 31 May 19 \| 532538	2%	₹58 Cr	53,675

10. Mirae Asset Emerging Bluechip Fund - Direct

The investment objective of the scheme is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity related securities of large cap and mid cap companies at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity related securities to achieve optimal Portfolio construction. The Scheme does not guarantee or assure any returns.

Research Highlights for Mirae Asset Emerging Bluechip Fund - Direct

Highest AUM (₹38,138 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 13.89% (bottom quartile).
3Y return: 15.85% (bottom quartile).
1Y return: 4.50% (lower mid).
Alpha: 1.99 (upper mid).
Sharpe: -0.21 (upper mid).
Information ratio: -0.55 (bottom quartile).

Below is the key information for Mirae Asset Emerging Bluechip Fund - Direct

Mirae Asset Emerging Bluechip Fund - Direct Growth
Launch Date	1 Jan 13
NAV (12 May 26)	₹167.531 ↓ -3.57 (-2.09 %)
Net Assets (Cr)	₹38,138 on 31 Mar 26
Category	Equity - Large & Mid Cap
AMC	Mirae Asset Global Inv (India) Pvt. Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	0
Sharpe Ratio	-0.21
Information Ratio	-0.55
Alpha Ratio	1.99
Min Investment	5,000
Min SIP Investment	0
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹11,931
30 Apr 23	₹12,352
30 Apr 24	₹17,348
30 Apr 25	₹18,264
30 Apr 26	₹19,738

Mirae Asset Emerging Bluechip Fund - Direct SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 Invest Now

Returns for Mirae Asset Emerging Bluechip Fund - Direct

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 May 26

Duration	Returns
1 Month	0%
3 Month	-5.5%
6 Month	-5.5%
1 Year	4.5%
3 Year	15.8%
5 Year	13.9%
10 Year
15 Year
Since launch	20.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	10.2%
2023	16.7%
2022	30.6%
2021	-0.5%
2020	40.6%
2019	23.6%
2018	15.9%
2017	-4.7%
2016	50.2%
2015	13.1%

Fund Manager information for Mirae Asset Emerging Bluechip Fund - Direct

Name	Since	Tenure
Neelesh Surana	9 Jul 10	15.82 Yr.
Ankit Jain	31 Jan 19	7.25 Yr.

Data below for Mirae Asset Emerging Bluechip Fund - Direct as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Financial Services	30.83%
Consumer Cyclical	15.22%
Health Care	11.4%
Industrials	10.71%
Basic Materials	8.27%
Technology	6.96%
Utility	3.72%
Communication Services	3.41%
Energy	3.02%
Consumer Defensive	2.66%
Real Estate	1.86%

Asset Allocation

Asset Class	Value
Cash	1.91%
Equity	98.07%
Debt	0.02%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 17 \| HDFCBANK	7%	₹2,491 Cr	34,056,125 ↑ 1,408,275
ICICI Bank Ltd (Financial Services) Equity, Since 29 Feb 12 \| ICICIBANK	4%	₹1,462 Cr	12,119,750
Axis Bank Ltd (Financial Services) Equity, Since 31 Jul 18 \| 532215	3%	₹1,324 Cr	11,403,603 ↓ -873,792
State Bank of India (Financial Services) Equity, Since 30 Apr 18 \| SBIN	3%	₹1,187 Cr	12,115,164 ↓ -1,100,000
Reliance Industries Ltd (Energy) Equity, Since 30 Apr 18 \| RELIANCE	2%	₹942 Cr	7,006,203 ↑ 1,625,499
Laurus Labs Ltd (Healthcare) Equity, Since 30 Jun 25 \| 540222	2%	₹927 Cr	9,334,006 ↑ 695,135
Lupin Ltd (Healthcare) Equity, Since 30 Jun 23 \| 500257	2%	₹920 Cr	3,974,639 ↓ -413,512
Bharat Forge Ltd (Consumer Cyclical) Equity, Since 31 Mar 22 \| 500493	2%	₹901 Cr	5,380,000
Tata Consultancy Services Ltd (Technology) Equity, Since 31 May 19 \| TCS	2%	₹874 Cr	3,705,373
Infosys Ltd (Technology) Equity, Since 31 Jan 18 \| INFY	2%	₹864 Cr	6,905,669 ↓ -550,000

Disclaimer:
येथे प्रदान केलेली माहिती अचूक असल्याची खात्री करण्यासाठी सर्व प्रयत्न केले गेले आहेत. तथापि, डेटाच्या अचूकतेबद्दल कोणतीही हमी दिली जात नाही. कृपया कोणतीही गुंतवणूक करण्यापूर्वी योजना माहिती दस्तऐवजासह सत्यापित करा.