+91-22-48913909Is a Mutual Fund Direct Plan Always Beneficial?
Every Mutual Fund scheme which the Asset Management Company (AMC) offers has two variants Mutual Fund Direct Plan and Mutual Fund Regular Plan. Both these plans are identical in terms of Asset Under Management (AUM), Portfolio composition, and even the fund managers. However, the key factor that differentiates both these plans are expense ratio wherein; a Mutual Fund Direct Plan’s expense ratio is less as compared to a regular plan. As a consequence, the direct plan’s profit percentage is higher. However, as it is said that, looks are deceptive similarly; do you think that; always Mutual Fund Direct Plan is beneficial? So, let us look through this article which plan is actually beneficial. Our example below is using real-life data, actual costs, expense ratios, and an actual investment. The analysis does show that regular plans are better than direct, however, what we would like to say is that while the difference in costs is minimal in terms of expense ratios, a good financial planner giving good service over a long period will make this difference look meaningless. Additionally, good fund selection over the years giving you an additional 0.5 % or even 1 % p.a. will overshadow the extra expense one pays in the regular plan.
What is a Mutual Fund Direct Plan?
Mutual Fund Direct Plan is sold by Registered Investment Advisors (RIAs) apart from the Mutual Fund company. As mentioned earlier, The expense ratio of Mutual Fund Direct Plan is lower in comparison to regular plans
due to which these funds are able to earn more profits which are reflected by a slightly higher NAV in comparison to regular plans. In Mutual Fund Direct Plans, the AMC does not pay any commission to the investors.
What is a Regular Plan?
A regular plan of a Mutual Fund is the normal Mutual Fund scheme that you buy from an intermediary such as a broker, financial advisor, distributor etc. In the regular plan, the asset management company pays commission to these intermediaries for selling their schemes which are again added as an expense for managing the scheme. As a consequence, the regular Mutual Fund plans have slightly higher expense ratios than the direct ones.
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Mutual Fund Investment: Whether Mutual Fund Direct Plan is Better or Not?
Whenever we talk about investments, one should understand that Returns is an outcome of cost which means; higher the cost lower the returns and vice versa. Also, people should understand that Nothing is available for free. Therefore, with the help of the following points, let us understand how regular plans become beneficial than Mutual Fund direct plans.
A number of people always invest in Mutual Funds through some or other intermediary. People Investing through RIAs in Mutual Funds need to pay fees to them. This fee is to be paid even if people do not transact in Mutual Funds through them, this is more like an annual fee. This fees can be paid either monthly, annually, transaction-based fees, and so on. Therefore, due to these fees charged the investors might end up with a lower amount of profit as these expenses eat away a pie’s share of the earnings.
So, let us understand this concept with the help of an example:
Illustration:
Assume, an individual wants to INR 1,00,000 rupees in DSP BlackRock Opportunities fund. She as an option to invest either in a direct plan through an RIA or regular plan through a distributor. The average past three year returns of this scheme are 17.90% p.a. for the direct plan and 16.93% p.a. for a regular plan as on September 13, 2017. Here, the individual has shortlisted two RIAs A and B and one online portal for investment. Assume, RIA A charges an annual fee of INR 2,000 while RIA B charges an annual fee of INR 1,200. Individuals need to pay this fee amount to the RIA on an upfront basis. On the other hand, the online mutual fund distributor does not charge any fees. So, let us calculate and check which channel of investment is better for investors.
The analysis of these plans is shown in the table given below.
| DSP BlackRock Opportunities Fund | Mutual Fund Direct Plan RIA A | Mutual Fund Direct Plan RIA B | Mutual Fund Regular Plan Distributor |
|---|---|---|---|
| Initial Investment Amount (A) | 1,00,000 | 1,00,000 | 1,00,000 |
| Less: Annual Fees for Year 1 (B) | 2,000 | 1,200 | 0 |
| Net Amount after fees in Year 1 (C) (A-B) | 98,000 | 98,800 | 1,00,000 |
| Returns on Net Amount (D) (17.90%)# for direct plan & (16.93%)# for regular plan | 17,542 | 17,685 | 16,930 |
| Total Amount at the end of Year 1 (C+D) (E) | 1,15,542 | 1,16,485 | 1,16,930 |
| Less: Annual Fees for Year 2 (F) | 2,000 | 1,200 | 0 |
| Net Amount after fees in Year 2 (G) (E-F) | 1,13,542 | 1,15,285 | 1,16,930 |
| Returns on Net Amount (D) (17.90%)# for direct plan & (16.93%)# for regular plan | 20,324 | 20,636 | 19,797 |
| Total Amount at the end of Year 2 (I) (G+H) | 1,33,866 | 1,35,921 | 1,36,727 |
| Less: Annual Fees for Year 3 (J) | 2,000 | 1,200 | 0 |
| Net Amount after fees in Year 2 (K) (I-J) | 1,31,866 | 1,34,721 | 1,36,727 |
| Returns on Net Amount (D) (17.90%)# for direct plan & (16.93%)# for regular plan | 23,604 | 24,116 | 23,148 |
| Total Amount at the end of Year 3 (M) (K+L) | 1,55,470 | 1,58,837 | 1,59,875 |
#as of 13th Sept'17. Thus, from the above table we can conclude that; by investing in Regular Plan people can earn more as compared to Direct Plan.
Why Choose Mutual Fund Regular Plan Over Mutual Fund Direct Plan?
There are many other reasons as to why people can choose regular Mutual Fund as compared to direct ones. Some of them include a separate registration process for each fund house, self-rebalancing of the portfolio, self-analysis of the schemes, and so on. So, let us look why choosing regular Mutual Fund through distributors becomes beneficial as compared to direct plans.
Number of Schemes Under One Umbrella
You decide to invest in five different direct plans that you scouted and are suitable for your investment profile. Therefore, you need to visit those five different fund house websites and invest in the Mutual Fund scheme. You will then have to keep a track of each investment individually and store their details separately. Over the period of time, as the number of investments will grow, so will the records and will only add to the hassle. Therefore, to avoid such hassles, it would be easy to invest through a Mutual Fund distributor wherein; in one platform you can find a number of schemes which you can choose as per your requirements.
Online Mutual Fund Regular Plan Investment
With the advancements in the technology, people can invest in Mutual Fund Online from anywhere and at any time. In addition, they can invest in various schemes as per their convenience. Through online mode, people can invest and redeem their money in simple steps, check the detailed analysis of each scheme offered by various fund houses, keep a track of their portfolio, and so on.
Now, as we move towards the end, let us answer one important question, that is, Which Mutual Fund Plan is better? To answer this, it can be said that it is not the plan which is correct instead choosing the correct advisor.While the example above shows regular plans being more beneficial than direct plans, our take is that one needs to partner with the right financial planner to make sure that in the long run the investor benefits. A prudent advisor will guide the investors in an effective manner so that the investors earn maximum amount on their investment. In addition, he/she will also ensure that the investment paves way for wealth creation.
Fund Selection Methodology used to find 10 funds
Top Performing Direct Equity Funds
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2025 (%) Franklin Asian Equity Fund - Direct Growth ₹49.9254
↑ 0.37 ₹954 0.2 21.2 43.3 22.5 9.2 24.7 Franklin India Opportunities Fund - Direct Growth ₹297.909
↑ 2.19 ₹9,344 8.3 7.5 5.6 21.5 18.9 4.4 Franklin India Feeder - Franklin U S Opportunities Fund - Direct Growth ₹103.552
↑ 0.88 ₹5,800 -3.5 14.5 16.2 21.1 9.6 12.4 IDBI Small Cap Fund - Direct Growth ₹40.7336
↑ 0.09 ₹758 13.7 31.9 20.3 19.3 19.1 -12.1 Sundaram SMILE Fund - Direct Growth ₹335.431
↑ 1.55 ₹3,922 9.2 24.9 18.3 17.7 17.9 1.5 DSP Micro Cap Fund - Direct Growth ₹258.27
↓ -0.72 ₹20,221 11.8 25.7 19.7 17.7 19.2 -1.9 Franklin Build India Fund - Direct Growth ₹164.769
↓ -0.18 ₹3,199 -0.4 0 2.4 17.3 19.2 4.8 Franklin India Prima Fund - Direct Growth ₹3,227
↑ 3.83 ₹12,871 7.1 9.7 5.2 16.5 14.5 2.4 Edelweiss Economic Resurgence Fund - Direct Growth ₹46.087
↓ -0.12 ₹3,613 5.7 4.4 5.2 15.6 13.5 7 UTI Banking Sector Fund - Direct Growth ₹226.393
↑ 1.27 ₹1,440 7.6 0.5 8.1 13.7 11.9 17.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 4 Sep 26 Research Highlights & Commentary of 10 Funds showcased
Commentary Franklin Asian Equity Fund - Direct Franklin India Opportunities Fund - Direct Franklin India Feeder - Franklin U S Opportunities Fund - Direct IDBI Small Cap Fund - Direct Sundaram SMILE Fund - Direct DSP Micro Cap Fund - Direct Franklin Build India Fund - Direct Franklin India Prima Fund - Direct Edelweiss Economic Resurgence Fund - Direct UTI Banking Sector Fund - Direct Point 1 Bottom quartile AUM (₹954 Cr). Upper mid AUM (₹9,344 Cr). Upper mid AUM (₹5,800 Cr). Bottom quartile AUM (₹758 Cr). Upper mid AUM (₹3,922 Cr). Highest AUM (₹20,221 Cr). Lower mid AUM (₹3,199 Cr). Top quartile AUM (₹12,871 Cr). Lower mid AUM (₹3,613 Cr). Bottom quartile AUM (₹1,440 Cr). Point 2 Oldest track record among peers (13 yrs). Established history (13+ yrs). Established history (13+ yrs). Established history (9+ yrs). Established history (13+ yrs). Established history (13+ yrs). Established history (13+ 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: High. Risk profile: Moderately High. Risk profile: High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: High. Risk profile: Moderately High. Risk profile: High. Risk profile: High. Point 5 5Y return: 9.24% (bottom quartile). 5Y return: 18.88% (upper mid). 5Y return: 9.58% (bottom quartile). 5Y return: 19.14% (upper mid). 5Y return: 17.87% (upper mid). 5Y return: 19.23% (top quartile). 5Y return: 19.18% (top quartile). 5Y return: 14.47% (lower mid). 5Y return: 13.49% (lower mid). 5Y return: 11.88% (bottom quartile). Point 6 3Y return: 22.46% (top quartile). 3Y return: 21.54% (top quartile). 3Y return: 21.07% (upper mid). 3Y return: 19.27% (upper mid). 3Y return: 17.72% (upper mid). 3Y return: 17.72% (lower mid). 3Y return: 17.25% (lower mid). 3Y return: 16.47% (bottom quartile). 3Y return: 15.59% (bottom quartile). 3Y return: 13.68% (bottom quartile). Point 7 1Y return: 43.26% (top quartile). 1Y return: 5.58% (lower mid). 1Y return: 16.22% (upper mid). 1Y return: 20.30% (top quartile). 1Y return: 18.27% (upper mid). 1Y return: 19.70% (upper mid). 1Y return: 2.39% (bottom quartile). 1Y return: 5.19% (bottom quartile). 1Y return: 5.21% (bottom quartile). 1Y return: 8.12% (lower mid). Point 8 Alpha: 0.00 (lower mid). Alpha: 0.98 (upper mid). Alpha: -2.76 (bottom quartile). Alpha: 5.50 (top quartile). Alpha: 6.43 (top quartile). Alpha: 0.00 (lower mid). Alpha: 0.00 (bottom quartile). Alpha: -4.87 (bottom quartile). Alpha: 2.34 (upper mid). Alpha: 5.16 (upper mid). Point 9 Sharpe: 1.30 (top quartile). Sharpe: 0.02 (bottom quartile). Sharpe: 0.53 (top quartile). Sharpe: 0.32 (upper mid). Sharpe: 0.35 (upper mid). Sharpe: 0.34 (upper mid). Sharpe: -0.06 (bottom quartile). Sharpe: -0.02 (bottom quartile). Sharpe: 0.11 (lower mid). Sharpe: 0.13 (lower mid). Point 10 Information ratio: 0.00 (lower mid). Information ratio: 1.39 (top quartile). Information ratio: -0.99 (bottom quartile). Information ratio: 0.15 (upper mid). Information ratio: 0.16 (upper mid). Information ratio: 0.00 (lower mid). Information ratio: 0.00 (bottom quartile). Information ratio: -0.19 (bottom quartile). Information ratio: 1.15 (top quartile). Information ratio: 0.59 (upper mid). Franklin Asian Equity Fund - Direct
Franklin India Opportunities Fund - Direct
Franklin India Feeder - Franklin U S Opportunities Fund - Direct
IDBI Small Cap Fund - Direct
Sundaram SMILE Fund - Direct
DSP Micro Cap Fund - Direct
Franklin Build India Fund - Direct
Franklin India Prima Fund - Direct
Edelweiss Economic Resurgence Fund - Direct
UTI Banking Sector Fund - Direct
An open-end diversified equity fund that seeks to provide medium to long term appreciation through investments primarily in Asian Companies / sectors (excluding Japan) with long term potential across market capitalisation. Below is the key information for Franklin Asian Equity Fund - Direct Returns up to 1 year are on 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 Below is the key information for Franklin India Opportunities Fund - Direct Returns up to 1 year are on 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 Below is the key information for Franklin India Feeder - Franklin U S Opportunities Fund - Direct Returns up to 1 year are on 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 Below is the key information for IDBI Small Cap Fund - Direct Returns up to 1 year are on 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 Below is the key information for Sundaram SMILE Fund - Direct Returns up to 1 year are on 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 Below is the key information for DSP Micro Cap Fund - Direct Returns up to 1 year are on 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 Below is the key information for Franklin Build India Fund - Direct Returns up to 1 year are on 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 Below is the key information for Franklin India Prima Fund - Direct Returns up to 1 year are on 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 Below is the key information for Edelweiss Economic Resurgence Fund - Direct Returns up to 1 year are on Investment objective is "capital appreciation" through investments in the stocks of the companies/institutions engaged in the banking and financial services activities. Research Highlights for UTI Banking Sector Fund - Direct Below is the key information for UTI Banking Sector Fund - Direct Returns up to 1 year are on 1. Franklin Asian Equity Fund - Direct
Franklin Asian Equity Fund - Direct
Growth Launch Date 1 Jan 13 NAV (04 Sep 26) ₹49.9254 ↑ 0.37 (0.76 %) Net Assets (Cr) ₹954 on 31 Jul 26 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk High Expense Ratio 1.67 Sharpe Ratio 1.3 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-3 Years (1%),3 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value Returns for Franklin Asian Equity Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 2.5% 3 Month 0.2% 6 Month 21.2% 1 Year 43.3% 3 Year 22.5% 5 Year 9.2% 10 Year 15 Year Since launch 10.2% Historical performance (Yearly) on absolute basis
Year Returns 2025 24.7% 2024 15.4% 2023 1.7% 2022 -13.8% 2021 -5.2% 2020 26.6% 2019 28.8% 2018 -13.1% 2017 36.5% 2016 8% Fund Manager information for Franklin Asian Equity Fund - Direct
Name Since Tenure Data below for Franklin Asian Equity Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 2. Franklin India Opportunities Fund - Direct
Franklin India Opportunities Fund - Direct
Growth Launch Date 1 Jan 13 NAV (03 Sep 26) ₹297.909 ↑ 2.19 (0.74 %) Net Assets (Cr) ₹9,344 on 31 Jul 26 Category Equity - Sectoral AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk Moderately High Expense Ratio 0.54 Sharpe Ratio 0.02 Information Ratio 1.39 Alpha Ratio 0.98 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 Returns for Franklin India Opportunities Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 0.4% 3 Month 8.3% 6 Month 7.5% 1 Year 5.6% 3 Year 21.5% 5 Year 18.9% 10 Year 15 Year Since launch 17.3% Historical performance (Yearly) on absolute basis
Year Returns 2025 4.4% 2024 39.2% 2023 54.9% 2022 -1.2% 2021 30.6% 2020 28.7% 2019 6.1% 2018 -9.4% 2017 36.8% 2016 5% Fund Manager information for Franklin India Opportunities Fund - Direct
Name Since Tenure Data below for Franklin India Opportunities Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 3. 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 (03 Sep 26) ₹103.552 ↑ 0.88 (0.86 %) Net Assets (Cr) ₹5,800 on 31 Jul 26 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk High Expense Ratio 0.59 Sharpe Ratio 0.53 Information Ratio -0.99 Alpha Ratio -2.76 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
Purchase not allowed Returns for Franklin India Feeder - Franklin U S Opportunities Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 0.4% 3 Month -3.5% 6 Month 14.5% 1 Year 16.2% 3 Year 21.1% 5 Year 9.6% 10 Year 15 Year Since launch 17.4% Historical performance (Yearly) on absolute basis
Year Returns 2025 12.4% 2024 28.4% 2023 39.3% 2022 -29.6% 2021 19.1% 2020 46.6% 2019 35.4% 2018 7.4% 2017 19.2% 2016 0% Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund - Direct
Name Since Tenure Data below for Franklin India Feeder - Franklin U S Opportunities Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 4. IDBI Small Cap Fund - Direct
IDBI Small Cap Fund - Direct
Growth Launch Date 21 Jun 17 NAV (04 Sep 26) ₹40.7336 ↑ 0.09 (0.23 %) Net Assets (Cr) ₹758 on 31 Jul 26 Category Equity - Small Cap AMC IDBI Asset Management Limited Rating Risk Moderately High Expense Ratio 1.03 Sharpe Ratio 0.32 Information Ratio 0.15 Alpha Ratio 5.5 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 Returns for IDBI Small Cap Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 5.8% 3 Month 13.7% 6 Month 31.9% 1 Year 20.3% 3 Year 19.3% 5 Year 19.1% 10 Year 15 Year Since launch 16.5% Historical performance (Yearly) on absolute basis
Year Returns 2025 -12.1% 2024 41.5% 2023 34.7% 2022 3.4% 2021 66.3% 2020 20.1% 2019 -3% 2018 -12.6% 2017 2016 Fund Manager information for IDBI Small Cap Fund - Direct
Name Since Tenure Data below for IDBI Small Cap Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 5. Sundaram SMILE Fund - Direct
Sundaram SMILE Fund - Direct
Growth Launch Date 1 Jan 13 NAV (04 Sep 26) ₹335.431 ↑ 1.55 (0.46 %) Net Assets (Cr) ₹3,922 on 31 Jul 26 Category Equity - Small Cap AMC Sundaram Asset Management Company Ltd Rating Risk Moderately High Expense Ratio 0.85 Sharpe Ratio 0.35 Information Ratio 0.16 Alpha Ratio 6.43 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 Returns for Sundaram SMILE Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 2.3% 3 Month 9.2% 6 Month 24.9% 1 Year 18.3% 3 Year 17.7% 5 Year 17.9% 10 Year 15 Year Since launch 18.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 1.5% 2024 20.4% 2023 46.9% 2022 -0.9% 2021 62% 2020 27.4% 2019 -5.2% 2018 -28.6% 2017 56.7% 2016 0.1% Fund Manager information for Sundaram SMILE Fund - Direct
Name Since Tenure Data below for Sundaram SMILE Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 6. DSP Micro Cap Fund - Direct
DSP Micro Cap Fund - Direct
Growth Launch Date 1 Jan 13 NAV (04 Sep 26) ₹258.27 ↓ -0.72 (-0.28 %) Net Assets (Cr) ₹20,221 on 31 Jul 26 Category Equity - Small Cap AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating Risk Moderately High Expense Ratio 0.83 Sharpe Ratio 0.34 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
Purchase not allowed Returns for DSP Micro Cap Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 4.6% 3 Month 11.8% 6 Month 25.7% 1 Year 19.7% 3 Year 17.7% 5 Year 19.2% 10 Year 15 Year Since launch 21.7% Historical performance (Yearly) on absolute basis
Year Returns 2025 -1.9% 2024 26.7% 2023 42.5% 2022 1.4% 2021 60.3% 2020 34.3% 2019 1.6% 2018 -25.1% 2017 43.4% 2016 13.6% Fund Manager information for DSP Micro Cap Fund - Direct
Name Since Tenure Data below for DSP Micro Cap Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 7. Franklin Build India Fund - Direct
Franklin Build India Fund - Direct
Growth Launch Date 1 Jan 13 NAV (04 Sep 26) ₹164.769 ↓ -0.18 (-0.11 %) Net Assets (Cr) ₹3,199 on 31 Jul 26 Category Equity - Sectoral AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk High Expense Ratio 0.98 Sharpe Ratio -0.06 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 Returns for Franklin Build India Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month -2.6% 3 Month -0.4% 6 Month 0% 1 Year 2.4% 3 Year 17.3% 5 Year 19.2% 10 Year 15 Year Since launch 20% Historical performance (Yearly) on absolute basis
Year Returns 2025 4.8% 2024 29.1% 2023 52.7% 2022 12.4% 2021 47.4% 2020 6.5% 2019 7.2% 2018 -9.5% 2017 45.1% 2016 9.9% Fund Manager information for Franklin Build India Fund - Direct
Name Since Tenure Data below for Franklin Build India Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 8. Franklin India Prima Fund - Direct
Franklin India Prima Fund - Direct
Growth Launch Date 1 Jan 13 NAV (04 Sep 26) ₹3,227 ↑ 3.83 (0.12 %) Net Assets (Cr) ₹12,871 on 31 Jul 26 Category Equity - Mid Cap AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk Moderately High Expense Ratio 0.98 Sharpe Ratio -0.02 Information Ratio -0.19 Alpha Ratio -4.87 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 Returns for Franklin India Prima Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month -0.2% 3 Month 7.1% 6 Month 9.7% 1 Year 5.2% 3 Year 16.5% 5 Year 14.5% 10 Year 15 Year Since launch 18.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 2.4% 2024 32.9% 2023 38% 2022 3% 2021 33.7% 2020 18.8% 2019 4.5% 2018 -8.5% 2017 41.1% 2016 9.5% Fund Manager information for Franklin India Prima Fund - Direct
Name Since Tenure Data below for Franklin India Prima Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 9. Edelweiss Economic Resurgence Fund - Direct
Edelweiss Economic Resurgence Fund - Direct
Growth Launch Date 3 Feb 15 NAV (04 Sep 26) ₹46.087 ↓ -0.12 (-0.25 %) Net Assets (Cr) ₹3,613 on 31 Jul 26 Category Equity - Multi Cap AMC Edelweiss Asset Management Limited Rating Risk High Expense Ratio 0.44 Sharpe Ratio 0.11 Information Ratio 1.15 Alpha Ratio 2.34 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
Purchase not allowed Returns for Edelweiss Economic Resurgence Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month -0.9% 3 Month 5.7% 6 Month 4.4% 1 Year 5.2% 3 Year 15.6% 5 Year 13.5% 10 Year 15 Year Since launch 14.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 7% 2024 27.4% 2023 31.4% 2022 2.4% 2021 37.1% 2020 16.4% 2019 10.3% 2018 -3.6% 2017 47.9% 2016 1.2% Fund Manager information for Edelweiss Economic Resurgence Fund - Direct
Name Since Tenure Data below for Edelweiss Economic Resurgence Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 10. UTI Banking Sector Fund - Direct
UTI Banking Sector Fund - Direct
Growth Launch Date 1 Jan 13 NAV (04 Sep 26) ₹226.393 ↑ 1.27 (0.56 %) Net Assets (Cr) ₹1,440 on 31 Jul 26 Category Equity - Sectoral AMC UTI Asset Management Company Ltd Rating Risk High Expense Ratio 1.19 Sharpe Ratio 0.13 Information Ratio 0.59 Alpha Ratio 5.16 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 Returns for UTI Banking Sector Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month -1.4% 3 Month 7.6% 6 Month 0.5% 1 Year 8.1% 3 Year 13.7% 5 Year 11.9% 10 Year 15 Year Since launch 11.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 17.5% 2024 12.3% 2023 20.8% 2022 16.4% 2021 15.5% 2020 -4.4% 2019 12.7% 2018 -5.8% 2017 45.2% 2016 14.2% Fund Manager information for UTI Banking Sector Fund - Direct
Name Since Tenure Data below for UTI Banking Sector Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity
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Research Highlights for Franklin Asian Equity Fund - Direct