+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.
Talk to our investment specialist
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 (%) 2024 (%) Franklin Asian Equity Fund - Direct Growth ₹49.715
↓ -0.60 ₹954 4.1 18.8 37.9 22.9 9.3 24.7 Franklin India Feeder - Franklin U S Opportunities Fund - Direct Growth ₹104.04
↑ 1.33 ₹5,800 1.6 14.2 13.1 21 9.5 12.4 Franklin India Opportunities Fund - Direct Growth ₹298.615
↑ 0.03 ₹9,344 8.9 10.4 4.3 20.4 18.6 4.4 IDBI Small Cap Fund - Direct Growth ₹40.8074
↓ -0.05 ₹758 15.7 30.9 18.6 18.5 18.8 -12.1 DSP Micro Cap Fund - Direct Growth ₹257.499
↓ -0.61 ₹20,221 13.3 26.2 18.5 17 18.9 -1.9 Sundaram SMILE Fund - Direct Growth ₹336.769
↑ 0.09 ₹3,922 12.4 25.3 16.5 16.9 17.6 1.5 Franklin Build India Fund - Direct Growth ₹162.829
↓ -0.79 ₹3,199 0.5 0.1 0.3 15.8 18.8 4.8 Franklin India Prima Fund - Direct Growth ₹3,172.25
↓ -20.92 ₹12,871 7.7 9.3 2.4 14.7 13.8 2.4 Edelweiss Economic Resurgence Fund - Direct Growth ₹45.271
↓ -0.22 ₹3,613 5.2 4.6 2.3 14 13 7 Franklin India Smaller Companies Fund - Direct Growth ₹205.699
↓ -0.18 ₹14,467 8.7 17.2 6.6 12.5 16.4 -7.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Sep 26 Research Highlights & Commentary of 10 Funds showcased
Commentary Franklin Asian Equity Fund - Direct Franklin India Feeder - Franklin U S Opportunities Fund - Direct Franklin India Opportunities Fund - Direct IDBI Small Cap Fund - Direct DSP Micro Cap Fund - Direct Sundaram SMILE Fund - Direct Franklin Build India Fund - Direct Franklin India Prima Fund - Direct Edelweiss Economic Resurgence Fund - Direct Franklin India Smaller Companies Fund - Direct Point 1 Bottom quartile AUM (₹954 Cr). Upper mid AUM (₹5,800 Cr). Upper mid AUM (₹9,344 Cr). Bottom quartile AUM (₹758 Cr). Highest AUM (₹20,221 Cr). Lower mid AUM (₹3,922 Cr). Bottom quartile AUM (₹3,199 Cr). Upper mid AUM (₹12,871 Cr). Lower mid AUM (₹3,613 Cr). Top quartile AUM (₹14,467 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: High. Risk profile: Moderately 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: Moderately High. Point 5 5Y return: 9.29% (bottom quartile). 5Y return: 9.50% (bottom quartile). 5Y return: 18.64% (upper mid). 5Y return: 18.82% (top quartile). 5Y return: 18.88% (top quartile). 5Y return: 17.56% (upper mid). 5Y return: 18.81% (upper mid). 5Y return: 13.84% (lower mid). 5Y return: 12.98% (bottom quartile). 5Y return: 16.37% (lower mid). Point 6 3Y return: 22.91% (top quartile). 3Y return: 21.02% (top quartile). 3Y return: 20.41% (upper mid). 3Y return: 18.52% (upper mid). 3Y return: 17.01% (upper mid). 3Y return: 16.86% (lower mid). 3Y return: 15.81% (lower mid). 3Y return: 14.75% (bottom quartile). 3Y return: 13.99% (bottom quartile). 3Y return: 12.48% (bottom quartile). Point 7 1Y return: 37.92% (top quartile). 1Y return: 13.08% (upper mid). 1Y return: 4.32% (lower mid). 1Y return: 18.62% (top quartile). 1Y return: 18.51% (upper mid). 1Y return: 16.48% (upper mid). 1Y return: 0.26% (bottom quartile). 1Y return: 2.45% (bottom quartile). 1Y return: 2.30% (bottom quartile). 1Y return: 6.62% (lower mid). Point 8 Alpha: 0.00 (upper mid). Alpha: -2.76 (bottom quartile). Alpha: 0.98 (upper mid). Alpha: 5.50 (top quartile). Alpha: 0.00 (lower mid). Alpha: 6.43 (top quartile). Alpha: 0.00 (lower mid). Alpha: -4.87 (bottom quartile). Alpha: 2.34 (upper mid). Alpha: -2.12 (bottom quartile). Point 9 Sharpe: 1.30 (top quartile). Sharpe: 0.53 (top quartile). Sharpe: 0.02 (lower mid). Sharpe: 0.32 (upper mid). Sharpe: 0.34 (upper mid). Sharpe: 0.35 (upper mid). Sharpe: -0.06 (bottom quartile). Sharpe: -0.02 (bottom quartile). Sharpe: 0.11 (lower mid). Sharpe: -0.01 (bottom quartile). Point 10 Information ratio: 0.00 (upper mid). Information ratio: -0.99 (bottom quartile). Information ratio: 1.39 (top quartile). Information ratio: 0.15 (upper mid). Information ratio: 0.00 (lower mid). Information ratio: 0.16 (upper mid). Information ratio: 0.00 (lower mid). Information ratio: -0.19 (bottom quartile). Information ratio: 1.15 (top quartile). Information ratio: -0.40 (bottom quartile). Franklin Asian Equity Fund - Direct
Franklin India Feeder - Franklin U S Opportunities Fund - Direct
Franklin India Opportunities Fund - Direct
IDBI Small Cap Fund - Direct
DSP Micro Cap Fund - Direct
Sundaram SMILE Fund - Direct
Franklin Build India Fund - Direct
Franklin India Prima Fund - Direct
Edelweiss Economic Resurgence Fund - Direct
Franklin India Smaller Companies 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 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 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 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 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 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 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 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 Below is the key information for Franklin India Smaller Companies 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 (11 Sep 26) ₹49.715 ↓ -0.60 (-1.20 %) 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 31 Aug 21 ₹10,000 31 Aug 22 ₹8,296 31 Aug 23 ₹8,367 31 Aug 24 ₹9,694 31 Aug 25 ₹10,924 31 Aug 26 ₹15,832 Returns for Franklin Asian Equity Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Sep 26 Duration Returns 1 Month 1% 3 Month 4.1% 6 Month 18.8% 1 Year 37.9% 3 Year 22.9% 5 Year 9.3% 10 Year 15 Year Since launch 10.2% Historical performance (Yearly) on absolute basis
Year Returns 2024 24.7% 2023 15.4% 2022 1.7% 2021 -13.8% 2020 -5.2% 2019 26.6% 2018 28.8% 2017 -13.1% 2016 36.5% 2015 8% Fund Manager information for Franklin Asian Equity Fund - Direct
Name Since Tenure Sandeep Manam 18 Oct 21 4.79 Yr. Shyam Sriram 26 Sep 24 1.84 Yr. Data below for Franklin Asian Equity Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Technology 32.47% Consumer Cyclical 12.7% Financial Services 12.28% Industrials 10.32% Health Care 7.66% Communication Services 5.12% Real Estate 4.79% Basic Materials 2.82% Utility 2.59% Consumer Defensive 1.87% Energy 1.59% Asset Allocation
Asset Class Value Cash 5.8% Equity 94.2% Top Securities Holdings / Portfolio
Name Holding Value Quantity Taiwan Semiconductor Manufacturing Co Ltd (Technology)
Equity, Since 31 Mar 09 | 233010% ₹95 Cr 133,000
↑ 3,000 Samsung Electronics Co Ltd (Technology)
Equity, Since 31 Mar 08 | 0059307% ₹71 Cr 41,012
↑ 4,902 SK hynix Inc (Technology)
Equity, Since 30 Jun 20 | 0006605% ₹51 Cr 4,450
↑ 611 Tencent Holdings Ltd (Communication Services)
Equity, Since 31 Jul 14 | 007003% ₹33 Cr 57,000
↑ 14,300 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 25 | ICICIBANK3% ₹33 Cr 226,594 Torrent Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 24 | TORNTPHARM2% ₹23 Cr 45,546 Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Mar 26 | DIVISLAB2% ₹23 Cr 28,750 Oberoi Realty Ltd (Real Estate)
Equity, Since 31 May 17 | OBEROIRLTY2% ₹21 Cr 114,827 MediaTek Inc (Technology)
Equity, Since 31 Aug 20 | 24542% ₹20 Cr 19,000 Eternal Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | ETERNAL2% ₹18 Cr 590,802
↓ -48,361 2. 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 Sep 26) ₹104.04 ↑ 1.33 (1.29 %) 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 31 Aug 21 ₹10,000 31 Aug 22 ₹7,581 31 Aug 23 ₹9,021 31 Aug 24 ₹11,829 31 Aug 25 ₹13,822 31 Aug 26 ₹16,036
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 11 Sep 26 Duration Returns 1 Month -3.1% 3 Month 1.6% 6 Month 14.2% 1 Year 13.1% 3 Year 21% 5 Year 9.5% 10 Year 15 Year Since launch 17.3% 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 4.87 Yr. Data below for Franklin India Feeder - Franklin U S Opportunities Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Technology 46.66% Industrials 11.51% Communication Services 9.44% Consumer Cyclical 8.71% Health Care 8.29% Financial Services 1.57% Basic Materials 1.46% Utility 1% Consumer Defensive 0.56% Asset Allocation
Asset Class Value Cash 5.01% Equity 92.46% Other 2.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity Franklin US Opportunities I(acc)USD
Investment Fund | -96% ₹5,567 Cr 5,385,147
↑ 17,929 Call, Cash & Other Assets
CBLO | -4% ₹233 Cr 3. Franklin India Opportunities Fund - Direct
Franklin India Opportunities Fund - Direct
Growth Launch Date 1 Jan 13 NAV (11 Sep 26) ₹298.615 ↑ 0.03 (0.01 %) 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 31 Aug 21 ₹10,000 31 Aug 22 ₹10,360 31 Aug 23 ₹13,293 31 Aug 24 ₹22,623 31 Aug 25 ₹22,505 31 Aug 26 ₹24,241 Returns for Franklin India Opportunities Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Sep 26 Duration Returns 1 Month -0.3% 3 Month 8.9% 6 Month 10.4% 1 Year 4.3% 3 Year 20.4% 5 Year 18.6% 10 Year 15 Year Since launch 17.3% 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 4.56 Yr. R. Janakiraman 1 Apr 13 13.43 Yr. Sandeep Manam 18 Oct 21 4.87 Yr. Data below for Franklin India Opportunities Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Industrials 21.47% Financial Services 16.52% Consumer Cyclical 14.27% Technology 12.38% Health Care 11.26% Basic Materials 8.55% Energy 3.02% Utility 2.78% Communication Services 2.69% Asset Allocation
Asset Class Value Cash 7.07% Equity 92.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 30 Nov 25 | HAL8% ₹723 Cr 1,555,200
↑ 265,030 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 26 | HDFCBANK5% ₹429 Cr 5,739,950
↑ 2,342,278 TBO Tek Ltd (Consumer Cyclical)
Equity, Since 31 Jul 26 | TBOTEK4% ₹375 Cr 2,446,567
↑ 2,446,567 Amphenol Corp Class A (Technology)
Equity, Since 31 Jul 25 | APH4% ₹359 Cr 234,384 Syrma SGS Technology Ltd (Technology)
Equity, Since 31 May 24 | SYRMA4% ₹327 Cr 2,393,073
↑ 73,361 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | 5323433% ₹320 Cr 741,718 AIA Engineering Ltd (Industrials)
Equity, Since 30 Nov 25 | AIAENG3% ₹318 Cr 692,096
↑ 50,686 APL Apollo Tubes Ltd (Basic Materials)
Equity, Since 31 Oct 24 | APLAPOLLO3% ₹303 Cr 1,662,735 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 31 Jul 22 | KIRLOSENG3% ₹282 Cr 1,288,353 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 22 | RELIANCE3% ₹282 Cr 2,154,638
↓ -915,968 4. IDBI Small Cap Fund - Direct
IDBI Small Cap Fund - Direct
Growth Launch Date 21 Jun 17 NAV (11 Sep 26) ₹40.8074 ↓ -0.05 (-0.12 %) 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 31 Aug 21 ₹10,000 31 Aug 22 ₹12,100 31 Aug 23 ₹14,123 31 Aug 24 ₹22,096 31 Aug 25 ₹19,606 31 Aug 26 ₹24,129 Returns for IDBI Small Cap Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Sep 26 Duration Returns 1 Month 3.7% 3 Month 15.7% 6 Month 30.9% 1 Year 18.6% 3 Year 18.5% 5 Year 18.8% 10 Year 15 Year Since launch 16.5% 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 1.1 Yr. Data below for IDBI Small Cap Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Industrials 23.11% Consumer Cyclical 20.38% Basic Materials 13.5% Financial Services 12% Consumer Defensive 9.43% Technology 7.55% Health Care 6.02% Real Estate 2.01% Communication Services 1.29% Utility 0.84% Asset Allocation
Asset Class Value Cash 3.73% Equity 96.27% Top Securities Holdings / Portfolio
Name Holding Value Quantity Garware Hi-Tech Films Ltd (Basic Materials)
Equity, Since 30 Sep 25 | 5006555% ₹41 Cr 56,660
↑ 2,037 Avalon Technologies Ltd (Technology)
Equity, Since 31 Aug 23 | AVALON4% ₹29 Cr 160,104
↓ -2,852 Manorama Industries Ltd (Consumer Defensive)
Equity, Since 31 Dec 24 | 5419743% ₹23 Cr 142,461 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Sep 19 | NAVINFLUOR3% ₹22 Cr 29,286 Allied Blenders and Distillers Ltd (Consumer Defensive)
Equity, Since 31 Jul 24 | ABDL3% ₹21 Cr 338,914
↑ 12,299 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 28 Feb 21 | KIRLOSENG2% ₹17 Cr 78,792 Arvind Fashions Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | 5424842% ₹17 Cr 374,775 KSH International Ltd (Industrials)
Equity, Since 31 Dec 25 | KSHINTL2% ₹17 Cr 198,031
↓ -3,115 Oracle Financial Services Software Ltd (Technology)
Equity, Since 30 Jun 26 | OFSS2% ₹17 Cr 14,847
↑ 5,308 Pricol Ltd (Consumer Cyclical)
Equity, Since 30 Sep 25 | PRICOLLTD2% ₹17 Cr 237,103 5. DSP Micro Cap Fund - Direct
DSP Micro Cap Fund - Direct
Growth Launch Date 1 Jan 13 NAV (11 Sep 26) ₹257.499 ↓ -0.61 (-0.24 %) 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 31 Aug 21 ₹10,000 31 Aug 22 ₹11,263 31 Aug 23 ₹14,623 31 Aug 24 ₹20,611 31 Aug 25 ₹20,030 31 Aug 26 ₹24,372
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 11 Sep 26 Duration Returns 1 Month 1.8% 3 Month 13.3% 6 Month 26.2% 1 Year 18.5% 3 Year 17% 5 Year 18.9% 10 Year 15 Year Since launch 21.6% 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 16.21 Yr. Data below for DSP Micro Cap Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Consumer Cyclical 31.58% Industrials 15.53% Basic Materials 13.25% Health Care 9.22% Financial Services 8.47% Consumer Defensive 5.1% Technology 2.29% Communication Services 0.55% Asset Allocation
Asset Class Value Cash 13.23% Equity 86.77% Top Securities Holdings / Portfolio
Name Holding Value Quantity Lumax Auto Technologies Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | LUMAXTECH4% ₹836 Cr 5,333,347 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 31 Mar 23 | KIRLOSENG4% ₹770 Cr 3,516,559 Thangamayil Jewellery Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | THANGAMAYL4% ₹747 Cr 1,429,947
↓ -47,019 Sansera Engineering Ltd (Consumer Cyclical)
Equity, Since 30 Jun 24 | SANSERA3% ₹592 Cr 1,770,029 SPR Auto Technologies Ltd (Consumer Cyclical)
Equity, Since 31 Aug 24 | SHRIPISTON2% ₹475 Cr 1,081,165 Jubilant Ingrevia Ltd Ordinary Shares (Basic Materials)
Equity, Since 31 Dec 22 | JUBLINGREA2% ₹442 Cr 6,002,947
↓ -387,567 Dodla Dairy Ltd (Consumer Defensive)
Equity, Since 30 Jun 21 | DODLA2% ₹425 Cr 4,085,691
↑ 335,691 Welspun Corp Ltd (Basic Materials)
Equity, Since 31 Mar 21 | 5321442% ₹425 Cr 2,574,661
↓ -426,061 LT Foods Ltd (Consumer Defensive)
Equity, Since 31 Dec 17 | 5327832% ₹410 Cr 10,000,000 eClerx Services Ltd (Technology)
Equity, Since 28 Feb 18 | ECLERX2% ₹408 Cr 2,211,836 6. Sundaram SMILE Fund - Direct
Sundaram SMILE Fund - Direct
Growth Launch Date 1 Jan 13 NAV (11 Sep 26) ₹336.769 ↑ 0.09 (0.03 %) 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 31 Aug 21 ₹10,000 31 Aug 22 ₹10,859 31 Aug 23 ₹13,872 31 Aug 24 ₹19,753 31 Aug 25 ₹18,918 31 Aug 26 ₹22,914 Returns for Sundaram SMILE Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Sep 26 Duration Returns 1 Month 1.3% 3 Month 12.4% 6 Month 25.3% 1 Year 16.5% 3 Year 16.9% 5 Year 17.6% 10 Year 15 Year Since launch 18.1% 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 3.83 Yr. Shalav Saket 20 Mar 26 0.45 Yr. Data below for Sundaram SMILE Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Financial Services 20.99% Consumer Cyclical 20.85% Industrials 18.7% Health Care 11.27% Basic Materials 7.9% Communication Services 4.91% Technology 4.58% Consumer Defensive 2.46% Real Estate 2.25% Utility 0.85% Asset Allocation
Asset Class Value Cash 4.41% Equity 94.81% Debt 0.78% Top Securities Holdings / Portfolio
Name Holding Value Quantity MTAR Technologies Ltd (Industrials)
Equity, Since 31 Dec 24 | MTARTECH4% ₹152 Cr 264,884 Rategain Travel Technologies Ltd (Technology)
Equity, Since 30 Jun 23 | RATEGAIN4% ₹141 Cr 1,534,556 Aster DM Quality Care Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Nov 23 | ASTERDM4% ₹138 Cr 1,681,362 SJS Enterprises Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | SJS4% ₹138 Cr 577,256 Eternal Ltd (Consumer Cyclical)
Equity, Since 30 Nov 24 | ETERNAL3% ₹123 Cr 4,056,832 Affle 3i Ltd (Communication Services)
Equity, Since 31 May 21 | AFFLE3% ₹113 Cr 711,944
↑ 51,733 PNB Housing Finance Ltd (Financial Services)
Equity, Since 31 Jul 24 | PNBHOUSING3% ₹101 Cr 957,209 Craftsman Automation Ltd (Consumer Cyclical)
Equity, Since 30 Jun 24 | CRAFTSMAN2% ₹96 Cr 97,466 E I D Parry India Ltd (Basic Materials)
Equity, Since 31 Jul 24 | EIDPARRY2% ₹87 Cr 1,150,500 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 31 Jan 20 | CHOLAHLDNG2% ₹87 Cr 569,382
↑ 140,860 7. Franklin Build India Fund - Direct
Franklin Build India Fund - Direct
Growth Launch Date 1 Jan 13 NAV (11 Sep 26) ₹162.829 ↓ -0.79 (-0.48 %) 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 31 Aug 21 ₹10,000 31 Aug 22 ₹11,362 31 Aug 23 ₹14,936 31 Aug 24 ₹24,935 31 Aug 25 ₹23,659 31 Aug 26 ₹24,689 Returns for Franklin Build India Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Sep 26 Duration Returns 1 Month -3% 3 Month 0.5% 6 Month 0.1% 1 Year 0.3% 3 Year 15.8% 5 Year 18.8% 10 Year 15 Year Since launch 19.9% 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 4.87 Yr. Kiran Sebastian 7 Feb 22 4.56 Yr. Sandeep Manam 18 Oct 21 4.87 Yr. Data below for Franklin Build India Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Industrials 40.02% Utility 17.35% Financial Services 13.13% Energy 10.45% Basic Materials 5.3% Communication Services 4.94% Real Estate 2.35% Consumer Cyclical 1% Technology 0.85% Asset Allocation
Asset Class Value Cash 4.62% Equity 95.38% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 20 | LT9% ₹286 Cr 725,000 InterGlobe Aviation Ltd (Industrials)
Equity, Since 29 Feb 20 | INDIGO7% ₹220 Cr 425,597
↑ 5,597 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE5% ₹160 Cr 1,225,000
↓ -75,000 NTPC Ltd (Utilities)
Equity, Since 30 Nov 16 | 5325555% ₹160 Cr 4,600,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 09 | BHARTIARTL4% ₹140 Cr 710,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 19 | 5003124% ₹131 Cr 5,400,000
↓ -1,425,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 25 | HDFCBANK4% ₹129 Cr 1,725,000
↑ 100,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | 5322154% ₹123 Cr 1,000,000 Tata Power Co Ltd (Utilities)
Equity, Since 31 Jan 25 | 5004004% ₹118 Cr 3,100,000 REC Ltd (Financial Services)
Equity, Since 30 Sep 25 | 5329554% ₹116 Cr 3,100,000 8. Franklin India Prima Fund - Direct
Franklin India Prima Fund - Direct
Growth Launch Date 1 Jan 13 NAV (11 Sep 26) ₹3,172.25 ↓ -20.92 (-0.66 %) 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 31 Aug 21 ₹10,000 31 Aug 22 ₹10,295 31 Aug 23 ₹12,544 31 Aug 24 ₹19,311 31 Aug 25 ₹18,772 31 Aug 26 ₹20,211 Returns for Franklin India Prima Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Sep 26 Duration Returns 1 Month -2.7% 3 Month 7.7% 6 Month 9.3% 1 Year 2.4% 3 Year 14.7% 5 Year 13.8% 10 Year 15 Year Since launch 17.9% 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 15.59 Yr. Sandeep Manam 18 Oct 21 4.87 Yr. Akhil Kalluri 7 Feb 22 4.56 Yr. Data below for Franklin India Prima Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Financial Services 24.35% Industrials 18.2% Consumer Cyclical 14.93% Basic Materials 9.97% Health Care 9.54% Technology 8.79% Real Estate 5.03% Communication Services 2.98% Utility 1.75% Consumer Defensive 1.2% Energy 0.94% Asset Allocation
Asset Class Value Cash 2.33% Equity 97.67% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | KALYANKJIL3% ₹411 Cr 6,704,921
↑ 1,800,000 The Federal Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | FEDERALBNK3% ₹346 Cr 9,649,683
↓ -675,000 Biocon Ltd (Healthcare)
Equity, Since 30 Jun 25 | BIOCON3% ₹345 Cr 8,094,684
↑ 1,875,000 IDFC First Bank Ltd (Financial Services)
Equity, Since 30 Apr 25 | IDFCFIRSTB2% ₹312 Cr 36,893,177 Balkrishna Industries Ltd (Consumer Cyclical)
Equity, Since 30 Apr 24 | BALKRISIND2% ₹291 Cr 1,175,000 Coforge Ltd (Technology)
Equity, Since 31 Jul 22 | COFORGE2% ₹280 Cr 1,625,747
↑ 177,363 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Jan 22 | PRESTIGE2% ₹264 Cr 1,631,918 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jan 23 | HAL2% ₹260 Cr 559,715 Mahindra & Mahindra Financial Services Ltd (Financial Services)
Equity, Since 30 Sep 22 | M&MFIN2% ₹256 Cr 6,648,740
↓ -1,764,616 PB Fintech Ltd (Financial Services)
Equity, Since 31 Mar 22 | POLICYBZR2% ₹256 Cr 1,600,578
↑ 550,000 9. Edelweiss Economic Resurgence Fund - Direct
Edelweiss Economic Resurgence Fund - Direct
Growth Launch Date 3 Feb 15 NAV (11 Sep 26) ₹45.271 ↓ -0.22 (-0.48 %) 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 31 Aug 21 ₹10,000 31 Aug 22 ₹10,610 31 Aug 23 ₹12,168 31 Aug 24 ₹18,455 31 Aug 25 ₹17,774 31 Aug 26 ₹19,265
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 11 Sep 26 Duration Returns 1 Month -3% 3 Month 5.2% 6 Month 4.6% 1 Year 2.3% 3 Year 14% 5 Year 13% 10 Year 15 Year Since launch 13.9% 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 4.21 Yr. Trideep Bhattacharya 1 Oct 21 4.92 Yr. Mehul Dalmia 3 Aug 26 0.08 Yr. Data below for Edelweiss Economic Resurgence Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Financial Services 32.62% Consumer Cyclical 15.05% Industrials 9.61% Technology 8.63% Basic Materials 7.35% Health Care 7.3% Consumer Defensive 5.67% Energy 4.61% Real Estate 2.05% Utility 1.95% Communication Services 1.89% Asset Allocation
Asset Class Value Cash 2.56% Equity 97.44% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK5% ₹198 Cr 1,376,413
↓ -139,662 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANK5% ₹185 Cr 2,468,392 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 17 | RELIANCE4% ₹139 Cr 1,063,554
↑ 111,150 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 15 | LT4% ₹136 Cr 344,864 State Bank of India (Financial Services)
Equity, Since 31 Aug 18 | SBIN3% ₹91 Cr 881,230 Tata Steel Ltd (Basic Materials)
Equity, Since 31 May 25 | TATASTEEL2% ₹80 Cr 4,195,668 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Sep 22 | M&M2% ₹77 Cr 227,798
↑ 19,092 NTPC Ltd (Utilities)
Equity, Since 31 Oct 22 | 5325552% ₹70 Cr 2,023,619
↓ -914,770 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 19 | BHARTIARTL2% ₹68 Cr 345,860 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 19 | 5325382% ₹66 Cr 55,082 10. Franklin India Smaller Companies Fund - Direct
Franklin India Smaller Companies Fund - Direct
Growth Launch Date 1 Jan 13 NAV (11 Sep 26) ₹205.699 ↓ -0.18 (-0.09 %) Net Assets (Cr) ₹14,467 on 31 Jul 26 Category Equity - Small Cap AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk Moderately High Expense Ratio 0.92 Sharpe Ratio -0.01 Information Ratio -0.4 Alpha Ratio -2.12 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 31 Aug 21 ₹10,000 31 Aug 22 ₹10,947 31 Aug 23 ₹15,192 31 Aug 24 ₹22,704 31 Aug 25 ₹20,433 31 Aug 26 ₹22,368 Returns for Franklin India Smaller Companies Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Sep 26 Duration Returns 1 Month -1% 3 Month 8.7% 6 Month 17.2% 1 Year 6.6% 3 Year 12.5% 5 Year 16.4% 10 Year 15 Year Since launch 19.9% 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 15.59 Yr. Sandeep Manam 18 Oct 21 4.87 Yr. Akhil Kalluri 8 Sep 22 3.98 Yr. Data below for Franklin India Smaller Companies Fund - Direct as on 31 Jul 26
Equity Sector Allocation
Sector Value Industrials 19.44% Consumer Cyclical 18.56% Financial Services 17.91% Health Care 10.45% Technology 10.4% Basic Materials 9.15% Real Estate 3.57% Consumer Defensive 3.22% Utility 2.92% Asset Allocation
Asset Class Value Cash 4.32% Equity 95.68% Top Securities Holdings / Portfolio
Name Holding Value Quantity Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 20 | EQUITASBNK2% ₹361 Cr 48,064,081 Kajaria Ceramics Ltd (Industrials)
Equity, Since 30 Apr 25 | 5002332% ₹336 Cr 2,804,114
↓ -67,127 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 30 Nov 22 | KIRLOSENG2% ₹321 Cr 1,465,251
↓ -173,349 Pine Labs Ltd (Technology)
Equity, Since 30 Nov 25 | PINELABS2% ₹316 Cr 22,713,252
↑ 4,700,000 Brigade Enterprises Ltd (Real Estate)
Equity, Since 30 Jun 14 | 5329292% ₹308 Cr 5,311,513
↑ 153,259 Eris Lifesciences Ltd Registered Shs (Healthcare)
Equity, Since 30 Sep 19 | ERIS2% ₹303 Cr 2,233,791 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 30 Nov 25 | HAL2% ₹286 Cr 615,000 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | KALYANKJIL2% ₹273 Cr 4,463,469
↓ -500,000 Syrma SGS Technology Ltd (Technology)
Equity, Since 31 Aug 22 | SYRMA2% ₹264 Cr 1,934,070
↓ -444,832 PNB Housing Finance Ltd (Financial Services)
Equity, Since 30 Sep 24 | PNBHOUSING2% ₹259 Cr 2,461,959
↓ -259,175
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2026 Shepard Technologies Private Limited. All Rights Reserved
Research Highlights for Franklin Asian Equity Fund - Direct