+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.
Top Performing Direct Equity Funds
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) Franklin India Opportunities Fund - Direct Growth ₹290.56
↑ 0.53 ₹7,509 3.1 10.4 8.4 32.2 28.8 39.2 Franklin Build India Fund - Direct Growth ₹166.708
↑ 0.09 ₹2,884 1.4 8.6 4.8 29.6 34 29.1 Franklin India Feeder - Franklin U S Opportunities Fund - Direct Growth ₹91.0246
↑ 0.24 ₹4,437 5 27.9 14.5 25.8 12.4 28.4 Franklin India Technology Fund - Direct Growth ₹576.026
↑ 4.91 ₹1,868 0.3 11.2 -1.4 24.7 18.8 29.8 Franklin India Prima Fund - Direct Growth ₹3,126.65
↓ -6.60 ₹12,251 -0.7 6.9 3.2 23.4 24.8 32.9 Franklin India Smaller Companies Fund - Direct Growth ₹193.716
↓ -0.60 ₹13,302 -3.1 6.1 -1.9 23.3 29.8 24.2 Sundaram SMILE Fund - Direct Growth ₹293.77
↓ -1.23 ₹3,282 0.5 11.4 3.7 22.1 28.5 20.4 Edelweiss Economic Resurgence Fund - Direct Growth ₹45.478
↓ -0.10 ₹2,777 3.5 8.6 4.3 21.1 23.4 27.4 DSP Micro Cap Fund - Direct Growth ₹213.495
↓ -0.37 ₹16,628 -4.2 10.7 1.3 20.8 27.1 26.7 Franklin India Taxshield - Direct Growth ₹1,679.69
↓ -3.31 ₹6,531 0.9 5.5 3.3 20.1 24.1 23.4 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Oct 25 Research Highlights & Commentary of 10 Funds showcased
Commentary Franklin India Opportunities Fund - Direct Franklin Build India Fund - Direct Franklin India Feeder - Franklin U S Opportunities Fund - Direct Franklin India Technology Fund - Direct Franklin India Prima Fund - Direct Franklin India Smaller Companies Fund - Direct Sundaram SMILE Fund - Direct Edelweiss Economic Resurgence Fund - Direct DSP Micro Cap Fund - Direct Franklin India Taxshield - Direct Point 1 Upper mid AUM (₹7,509 Cr). Bottom quartile AUM (₹2,884 Cr). Lower mid AUM (₹4,437 Cr). Bottom quartile AUM (₹1,868 Cr). Upper mid AUM (₹12,251 Cr). Top quartile AUM (₹13,302 Cr). Lower mid AUM (₹3,282 Cr). Bottom quartile AUM (₹2,777 Cr). Highest AUM (₹16,628 Cr). Upper mid AUM (₹6,531 Cr). Point 2 Oldest track record among peers (12 yrs). Established history (12+ yrs). Established history (12+ yrs). Established history (12+ yrs). Established history (12+ yrs). Established history (12+ yrs). Established history (12+ yrs). Established history (10+ yrs). Established history (12+ yrs). Established history (12+ 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: High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: High. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 5Y return: 28.84% (upper mid). 5Y return: 34.01% (top quartile). 5Y return: 12.41% (bottom quartile). 5Y return: 18.82% (bottom quartile). 5Y return: 24.84% (lower mid). 5Y return: 29.77% (top quartile). 5Y return: 28.46% (upper mid). 5Y return: 23.44% (bottom quartile). 5Y return: 27.05% (upper mid). 5Y return: 24.07% (lower mid). Point 6 3Y return: 32.24% (top quartile). 3Y return: 29.57% (top quartile). 3Y return: 25.77% (upper mid). 3Y return: 24.74% (upper mid). 3Y return: 23.37% (upper mid). 3Y return: 23.35% (lower mid). 3Y return: 22.13% (lower mid). 3Y return: 21.08% (bottom quartile). 3Y return: 20.83% (bottom quartile). 3Y return: 20.08% (bottom quartile). Point 7 1Y return: 8.44% (top quartile). 1Y return: 4.78% (upper mid). 1Y return: 14.48% (top quartile). 1Y return: -1.41% (bottom quartile). 1Y return: 3.19% (lower mid). 1Y return: -1.95% (bottom quartile). 1Y return: 3.67% (upper mid). 1Y return: 4.27% (upper mid). 1Y return: 1.25% (bottom quartile). 1Y return: 3.30% (lower mid). Point 8 Alpha: 3.68 (top quartile). Alpha: 0.00 (lower mid). Alpha: -11.18 (bottom quartile). Alpha: 5.80 (top quartile). Alpha: 0.87 (upper mid). Alpha: -4.25 (bottom quartile). Alpha: 2.06 (upper mid). Alpha: 0.76 (upper mid). Alpha: 0.00 (lower mid). Alpha: -1.33 (bottom quartile). Point 9 Sharpe: -0.35 (upper mid). Sharpe: -0.58 (lower mid). Sharpe: 0.62 (top quartile). Sharpe: -0.76 (bottom quartile). Sharpe: -0.43 (upper mid). Sharpe: -0.72 (bottom quartile). Sharpe: -0.41 (upper mid). Sharpe: -0.56 (lower mid). Sharpe: -0.27 (top quartile). Sharpe: -0.75 (bottom quartile). Point 10 Information ratio: 1.93 (top quartile). Information ratio: 0.00 (lower mid). Information ratio: -1.69 (bottom quartile). Information ratio: 1.65 (top quartile). Information ratio: 0.24 (upper mid). Information ratio: 0.18 (lower mid). Information ratio: -0.26 (bottom quartile). Information ratio: 1.26 (upper mid). Information ratio: 0.00 (bottom quartile). Information ratio: 1.12 (upper mid). Franklin India Opportunities Fund - Direct
Franklin Build India Fund - Direct
Franklin India Feeder - Franklin U S Opportunities Fund - Direct
Franklin India Technology Fund - Direct
Franklin India Prima Fund - Direct
Franklin India Smaller Companies Fund - Direct
Sundaram SMILE Fund - Direct
Edelweiss Economic Resurgence Fund - Direct
DSP Micro Cap Fund - Direct
Franklin India Taxshield - 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. Below is the key information for Franklin India Opportunities 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 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 To provide long-term capital appreciation by predominantly investing in equity and equity related securities of technology and technology related companies. Research Highlights for Franklin India Technology Fund - Direct Below is the key information for Franklin India Technology 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 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 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 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 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 primary objective for Franklin IndiaTaxshield is to provide medium to long term growth of capital along with income tax rebate Research Highlights for Franklin India Taxshield - Direct Below is the key information for Franklin India Taxshield - Direct Returns up to 1 year are on 1. Franklin India Opportunities Fund - Direct
Franklin India Opportunities Fund - Direct
Growth Launch Date 1 Jan 13 NAV (23 Oct 25) ₹290.56 ↑ 0.53 (0.18 %) Net Assets (Cr) ₹7,509 on 31 Aug 25 Category Equity - Sectoral AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk Moderately High Expense Ratio 0.54 Sharpe Ratio -0.35 Information Ratio 1.93 Alpha Ratio 3.68 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 Sep 20 ₹10,000 30 Sep 21 ₹16,791 30 Sep 22 ₹16,542 30 Sep 23 ₹22,151 30 Sep 24 ₹37,002 30 Sep 25 ₹36,788 Returns for Franklin India Opportunities Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 25 Duration Returns 1 Month 0.9% 3 Month 3.1% 6 Month 10.4% 1 Year 8.4% 3 Year 32.2% 5 Year 28.8% 10 Year 15 Year Since launch 18.4% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 3% Fund Manager information for Franklin India Opportunities Fund - Direct
Name Since Tenure Kiran Sebastian 7 Feb 22 3.57 Yr. R. Janakiraman 1 Apr 13 12.43 Yr. Sandeep Manam 18 Oct 21 3.87 Yr. Data below for Franklin India Opportunities Fund - Direct as on 31 Aug 25
Equity Sector Allocation
Sector Value Consumer Cyclical 19.93% Financial Services 19.13% Health Care 13.46% Technology 12.15% Basic Materials 9.15% Communication Services 5.85% Energy 4.47% Industrials 4.4% Utility 2.76% Consumer Defensive 1.9% Real Estate 0.69% Asset Allocation
Asset Class Value Cash 6.09% Equity 93.89% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 24 | HDFCBANK5% ₹389 Cr 4,087,942 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 22 | RELIANCE4% ₹336 Cr 2,472,229
↓ -235,050 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 25 | AXISBANK4% ₹308 Cr 2,950,277 Eternal Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | 5433204% ₹300 Cr 9,548,090 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 25 | MARUTI3% ₹251 Cr 169,582 Mphasis Ltd (Technology)
Equity, Since 30 Nov 24 | MPHASIS3% ₹227 Cr 814,231 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 24 | BHARTIARTL3% ₹219 Cr 1,158,502 Sudarshan Chemical Industries Ltd (Basic Materials)
Equity, Since 30 Apr 24 | SUDARSCHEM3% ₹215 Cr 1,435,340 Lemon Tree Hotels Ltd (Consumer Cyclical)
Equity, Since 31 Aug 24 | LEMONTREE3% ₹213 Cr 12,833,401 NTPC Ltd (Utilities)
Equity, Since 31 Aug 22 | NTPC3% ₹207 Cr 6,333,312 2. Franklin Build India Fund - Direct
Franklin Build India Fund - Direct
Growth Launch Date 1 Jan 13 NAV (24 Oct 25) ₹166.708 ↑ 0.09 (0.05 %) Net Assets (Cr) ₹2,884 on 31 Aug 25 Category Equity - Sectoral AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk High Expense Ratio 0.98 Sharpe Ratio -0.58 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 Sep 20 ₹10,000 30 Sep 21 ₹19,814 30 Sep 22 ₹20,922 30 Sep 23 ₹29,411 30 Sep 24 ₹47,017 30 Sep 25 ₹45,152 Returns for Franklin Build India Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 25 Duration Returns 1 Month 1.4% 3 Month 1.4% 6 Month 8.6% 1 Year 4.8% 3 Year 29.6% 5 Year 34% 10 Year 15 Year Since launch 21.6% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 3.7% Fund Manager information for Franklin Build India Fund - Direct
Name Since Tenure Ajay Argal 18 Oct 21 3.87 Yr. Kiran Sebastian 7 Feb 22 3.57 Yr. Sandeep Manam 18 Oct 21 3.87 Yr. Data below for Franklin Build India Fund - Direct as on 31 Aug 25
Equity Sector Allocation
Sector Value Industrials 35.76% Utility 13.85% Energy 12.84% Financial Services 12.22% Communication Services 7.94% Basic Materials 4.92% Real Estate 3.03% Consumer Cyclical 2.89% Technology 2.35% Asset Allocation
Asset Class Value Cash 4.2% Equity 95.8% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 20 | LT8% ₹239 Cr 665,000 InterGlobe Aviation Ltd (Industrials)
Equity, Since 29 Feb 20 | INDIGO6% ₹169 Cr 300,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | ICICIBANK6% ₹168 Cr 1,200,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE6% ₹163 Cr 1,200,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 19 | ONGC6% ₹160 Cr 6,825,000
↑ 425,000 NTPC Ltd (Utilities)
Equity, Since 30 Nov 16 | NTPC5% ₹142 Cr 4,350,000
↑ 225,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 09 | BHARTIARTL5% ₹134 Cr 710,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | AXISBANK4% ₹105 Cr 1,000,000 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 21 | POWERGRID3% ₹99 Cr 3,600,000 Delhivery Ltd (Industrials)
Equity, Since 31 Mar 24 | 5435293% ₹84 Cr 1,800,000 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 (23 Oct 25) ₹91.0246 ↑ 0.24 (0.26 %) Net Assets (Cr) ₹4,437 on 30 Sep 25 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk High Expense Ratio 0.59 Sharpe Ratio 0.62 Information Ratio -1.69 Alpha Ratio -11.18 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 Sep 20 ₹10,000 30 Sep 21 ₹12,593 30 Sep 22 ₹9,032 30 Sep 23 ₹11,142 30 Sep 24 ₹15,891 30 Sep 25 ₹18,683
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 23 Oct 25 Duration Returns 1 Month -1.5% 3 Month 5% 6 Month 27.9% 1 Year 14.5% 3 Year 25.8% 5 Year 12.4% 10 Year 15 Year Since launch 17.5% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 10% Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund - Direct
Name Since Tenure Sandeep Manam 18 Oct 21 3.87 Yr. Data below for Franklin India Feeder - Franklin U S Opportunities Fund - Direct as on 30 Sep 25
Equity Sector Allocation
Sector Value Technology 39% Communication Services 18.53% Consumer Cyclical 9.26% Industrials 8.3% Financial Services 7.33% Health Care 7.29% Basic Materials 2.27% Consumer Defensive 1.88% Real Estate 0.67% Asset Allocation
Asset Class Value Cash 1.01% Equity 97.28% Other 0.4% Top Securities Holdings / Portfolio
Name Holding Value Quantity Franklin US Opportunities I(acc)USD
Investment Fund | -99% ₹4,236 Cr 4,672,587
↑ 26,706 Call, Cash & Other Assets
CBLO | -1% ₹46 Cr 4. Franklin India Technology Fund - Direct
Franklin India Technology Fund - Direct
Growth Launch Date 1 Jan 13 NAV (23 Oct 25) ₹576.026 ↑ 4.91 (0.86 %) Net Assets (Cr) ₹1,868 on 30 Sep 25 Category Equity - Sectoral AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk High Expense Ratio 1.03 Sharpe Ratio -0.76 Information Ratio 1.65 Alpha Ratio 5.8 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 Sep 20 ₹10,000 30 Sep 21 ₹16,154 30 Sep 22 ₹12,800 30 Sep 23 ₹17,540 30 Sep 24 ₹26,272 30 Sep 25 ₹24,559 Returns for Franklin India Technology Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 25 Duration Returns 1 Month 0% 3 Month 0.3% 6 Month 11.2% 1 Year -1.4% 3 Year 24.7% 5 Year 18.8% 10 Year 15 Year Since launch 19.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 29.8% 2023 52.8% 2022 -21.5% 2021 40.3% 2020 58.3% 2019 13.2% 2018 12.6% 2017 19.8% 2016 -2% 2015 4.4% Fund Manager information for Franklin India Technology Fund - Direct
Name Since Tenure Venkatesh Sanjeevi 4 Oct 24 0.91 Yr. R. Janakiraman 1 Dec 23 1.75 Yr. Sandeep Manam 18 Oct 21 3.87 Yr. Data below for Franklin India Technology Fund - Direct as on 30 Sep 25
Equity Sector Allocation
Sector Value Technology 53.75% Communication Services 21.02% Consumer Cyclical 15.35% Financial Services 5.08% Industrials 1.04% Health Care 0.07% Asset Allocation
Asset Class Value Cash 3.33% Equity 96.54% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY18% ₹338 Cr 2,298,906 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 18 | BHARTIARTL15% ₹282 Cr 1,493,480 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 04 | TCS13% ₹236 Cr 764,559 Eternal Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | 5433209% ₹169 Cr 5,367,142 Franklin Technology I Acc USD
Investment Fund | -9% ₹163 Cr 215,810 PB Fintech Ltd (Financial Services)
Equity, Since 30 Nov 21 | 5433905% ₹92 Cr 517,479 HCL Technologies Ltd (Technology)
Equity, Since 30 Jun 14 | HCLTECH4% ₹73 Cr 500,267
↑ 113,097 Swiggy Ltd (Consumer Cyclical)
Equity, Since 31 Jan 25 | SWIGGY3% ₹55 Cr 1,346,780 Zensar Technologies Ltd (Technology)
Equity, Since 31 Jan 23 | ZENSARTECH3% ₹49 Cr 642,259 Intellect Design Arena Ltd (Technology)
Equity, Since 31 Dec 22 | INTELLECT2% ₹45 Cr 460,931 5. Franklin India Prima Fund - Direct
Franklin India Prima Fund - Direct
Growth Launch Date 1 Jan 13 NAV (24 Oct 25) ₹3,126.65 ↓ -6.60 (-0.21 %) Net Assets (Cr) ₹12,251 on 31 Aug 25 Category Equity - Mid Cap AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk Moderately High Expense Ratio 0.98 Sharpe Ratio -0.44 Information Ratio 0.24 Alpha Ratio 0.87 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 30 Sep 20 ₹10,000 30 Sep 21 ₹16,972 30 Sep 22 ₹16,783 30 Sep 23 ₹20,589 30 Sep 24 ₹31,989 30 Sep 25 ₹30,376 Returns for Franklin India Prima Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 25 Duration Returns 1 Month 1.6% 3 Month -0.7% 6 Month 6.9% 1 Year 3.2% 3 Year 23.4% 5 Year 24.8% 10 Year 15 Year Since launch 19.1% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 8.2% Fund Manager information for Franklin India Prima Fund - Direct
Name Since Tenure R. Janakiraman 1 Feb 11 14.59 Yr. Sandeep Manam 18 Oct 21 3.87 Yr. Akhil Kalluri 7 Feb 22 3.57 Yr. Data below for Franklin India Prima Fund - Direct as on 31 Aug 25
Equity Sector Allocation
Sector Value Financial Services 19.55% Consumer Cyclical 17.83% Basic Materials 13.14% Industrials 12.51% Health Care 11.11% Technology 7.18% Real Estate 5.51% Consumer Defensive 4.82% Communication Services 3.45% Utility 1.29% Energy 1.1% Asset Allocation
Asset Class Value Cash 2.5% Equity 97.5% Top Securities Holdings / Portfolio
Name Holding Value Quantity The Federal Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | FEDERALBNK3% ₹367 Cr 19,143,234
↓ -117,036 Mphasis Ltd (Technology)
Equity, Since 30 Sep 20 | MPHASIS2% ₹294 Cr 1,052,885
↑ 100,000 Cummins India Ltd (Industrials)
Equity, Since 30 Apr 22 | CUMMINSIND2% ₹274 Cr 717,366 Max Financial Services Ltd (Financial Services)
Equity, Since 31 Dec 21 | MFSL2% ₹271 Cr 1,692,030 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Jan 22 | PRESTIGE2% ₹255 Cr 1,631,918 APL Apollo Tubes Ltd (Basic Materials)
Equity, Since 31 Mar 22 | APLAPOLLO2% ₹241 Cr 1,499,891 JK Cement Ltd (Basic Materials)
Equity, Since 31 Jul 12 | JKCEMENT2% ₹234 Cr 337,051
↓ -55,688 PB Fintech Ltd (Financial Services)
Equity, Since 31 Mar 22 | 5433902% ₹230 Cr 1,300,578 Ipca Laboratories Ltd (Healthcare)
Equity, Since 30 Nov 20 | IPCALAB2% ₹227 Cr 1,641,580 Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 31 May 16 | CROMPTON2% ₹211 Cr 6,391,052 6. Franklin India Smaller Companies Fund - Direct
Franklin India Smaller Companies Fund - Direct
Growth Launch Date 1 Jan 13 NAV (24 Oct 25) ₹193.716 ↓ -0.60 (-0.31 %) Net Assets (Cr) ₹13,302 on 31 Aug 25 Category Equity - Small Cap AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk Moderately High Expense Ratio 0.92 Sharpe Ratio -0.72 Information Ratio 0.18 Alpha Ratio -4.25 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 Sep 20 ₹10,000 30 Sep 21 ₹18,828 30 Sep 22 ₹19,823 30 Sep 23 ₹27,259 30 Sep 24 ₹40,482 30 Sep 25 ₹36,114 Returns for Franklin India Smaller Companies Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 25 Duration Returns 1 Month 0.4% 3 Month -3.1% 6 Month 6.1% 1 Year -1.9% 3 Year 23.3% 5 Year 29.8% 10 Year 15 Year Since launch 20.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 24.2% 2023 53.5% 2022 4.4% 2021 57.7% 2020 19.7% 2019 -4% 2018 -16.4% 2017 45.3% 2016 11.5% 2015 11.3% Fund Manager information for Franklin India Smaller Companies Fund - Direct
Name Since Tenure R. Janakiraman 1 Feb 11 14.59 Yr. Sandeep Manam 18 Oct 21 3.87 Yr. Akhil Kalluri 8 Sep 22 2.98 Yr. Data below for Franklin India Smaller Companies Fund - Direct as on 31 Aug 25
Equity Sector Allocation
Sector Value Consumer Cyclical 19.51% Industrials 16.86% Financial Services 16.14% Health Care 12% Basic Materials 9.89% Technology 7.24% Real Estate 4.31% Consumer Defensive 4.02% Utility 2.97% Energy 0.97% Asset Allocation
Asset Class Value Cash 5.93% Equity 93.91% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aster DM Healthcare Ltd Ordinary Shares (Healthcare)
Equity, Since 31 Jul 23 | ASTERDM3% ₹404 Cr 6,729,408
↓ -600,000 Brigade Enterprises Ltd (Real Estate)
Equity, Since 30 Jun 14 | BRIGADE3% ₹357 Cr 3,868,691 Eris Lifesciences Ltd Registered Shs (Healthcare)
Equity, Since 30 Sep 19 | ERIS3% ₹336 Cr 1,866,828 Syrma SGS Technology Ltd (Technology)
Equity, Since 31 Aug 22 | SYRMA2% ₹303 Cr 4,023,411
↑ 107,296 CCL Products (India) Ltd (Consumer Defensive)
Equity, Since 30 Apr 19 | CCL2% ₹284 Cr 3,260,279 Lemon Tree Hotels Ltd (Consumer Cyclical)
Equity, Since 31 Aug 19 | LEMONTREE2% ₹250 Cr 15,093,487
↓ -394,587 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | KALYANKJIL2% ₹250 Cr 4,963,469 J.B. Chemicals & Pharmaceuticals Ltd (Healthcare)
Equity, Since 30 Jun 14 | JBCHEPHARM2% ₹250 Cr 1,448,723 Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Jan 16 | DEEPAKNTR2% ₹248 Cr 1,387,967 Zensar Technologies Ltd (Technology)
Equity, Since 28 Feb 23 | ZENSARTECH2% ₹247 Cr 3,220,340 7. Sundaram SMILE Fund - Direct
Sundaram SMILE Fund - Direct
Growth Launch Date 1 Jan 13 NAV (24 Oct 25) ₹293.77 ↓ -1.23 (-0.42 %) Net Assets (Cr) ₹3,282 on 31 Aug 25 Category Equity - Small Cap AMC Sundaram Asset Management Company Ltd Rating Risk Moderately High Expense Ratio 0.85 Sharpe Ratio -0.42 Information Ratio -0.26 Alpha Ratio 2.06 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 Sep 20 ₹10,000 30 Sep 21 ₹19,079 30 Sep 22 ₹19,634 30 Sep 23 ₹25,790 30 Sep 24 ₹36,694 30 Sep 25 ₹34,834 Returns for Sundaram SMILE Fund - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 25 Duration Returns 1 Month 1.2% 3 Month 0.5% 6 Month 11.4% 1 Year 3.7% 3 Year 22.1% 5 Year 28.5% 10 Year 15 Year Since launch 18.2% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 8.2% Fund Manager information for Sundaram SMILE Fund - Direct
Name Since Tenure Rohit Seksaria 1 Nov 22 2.84 Yr. Data below for Sundaram SMILE Fund - Direct as on 31 Aug 25
Equity Sector Allocation
Sector Value Consumer Cyclical 21.48% Industrials 19.02% Financial Services 17.74% Health Care 12.28% Basic Materials 8.03% Communication Services 5.4% Technology 4.17% Consumer Defensive 3.12% Real Estate 2.41% Utility 1.09% Asset Allocation
Asset Class Value Cash 5.17% Equity 94.73% Debt 0.1% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aster DM Healthcare Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Nov 23 | ASTERDM3% ₹114 Cr 1,898,655 E I D Parry India Ltd (Basic Materials)
Equity, Since 31 Jul 24 | EIDPARRY3% ₹101 Cr 899,463 Affle 3i Ltd (Communication Services)
Equity, Since 31 May 21 | AFFLE3% ₹101 Cr 530,036 Craftsman Automation Ltd (Consumer Cyclical)
Equity, Since 30 Jun 24 | CRAFTSMAN3% ₹97 Cr 140,821 Safari Industries (India) Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | 5230253% ₹93 Cr 431,921
↑ 21,112 SJS Enterprises Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | 5433873% ₹84 Cr 648,946 PNB Housing Finance Ltd (Financial Services)
Equity, Since 31 Jul 24 | PNBHOUSING2% ₹75 Cr 991,559 Rategain Travel Technologies Ltd (Technology)
Equity, Since 30 Jun 23 | 5434172% ₹72 Cr 1,407,678
↑ 174,724 Ujjivan Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 May 24 | UJJIVANSFB2% ₹71 Cr 16,665,062 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 31 Jan 20 | CHOLAHLDNG2% ₹68 Cr 395,668 8. Edelweiss Economic Resurgence Fund - Direct
Edelweiss Economic Resurgence Fund - Direct
Growth Launch Date 3 Feb 15 NAV (24 Oct 25) ₹45.478 ↓ -0.10 (-0.22 %) Net Assets (Cr) ₹2,777 on 31 Aug 25 Category Equity - Multi Cap AMC Edelweiss Asset Management Limited Rating Risk High Expense Ratio 0.44 Sharpe Ratio -0.56 Information Ratio 1.26 Alpha Ratio 0.76 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 Sep 20 ₹10,000 30 Sep 21 ₹16,466 30 Sep 22 ₹16,631 30 Sep 23 ₹19,862 30 Sep 24 ₹30,428 30 Sep 25 ₹28,879
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 23 Oct 25 Duration Returns 1 Month 2.4% 3 Month 3.5% 6 Month 8.6% 1 Year 4.3% 3 Year 21.1% 5 Year 23.4% 10 Year 15 Year Since launch 15.2% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 Fund Manager information for Edelweiss Economic Resurgence Fund - Direct
Name Since Tenure Ashwani Agarwalla 15 Jun 22 3.22 Yr. Trideep Bhattacharya 1 Oct 21 3.92 Yr. Raj Koradia 1 Aug 24 1.08 Yr. Data below for Edelweiss Economic Resurgence Fund - Direct as on 31 Aug 25
Equity Sector Allocation
Sector Value Financial Services 28.68% Consumer Cyclical 13.44% Industrials 12.35% Technology 11.66% Health Care 7.61% Consumer Defensive 6.24% Basic Materials 5.83% Energy 4.99% Utility 2.8% Communication Services 2.53% Real Estate 1.94% Asset Allocation
Asset Class Value Cash 1.91% Equity 98.07% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANK7% ₹208 Cr 2,184,576 ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK5% ₹150 Cr 1,075,869 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 17 | RELIANCE4% ₹118 Cr 867,066 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 15 | LT4% ₹100 Cr 278,624 Infosys Ltd (Technology)
Equity, Since 30 Apr 18 | INFY3% ₹91 Cr 618,462 NTPC Ltd (Utilities)
Equity, Since 31 Oct 22 | NTPC3% ₹78 Cr 2,373,326 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 19 | BHARTIARTL3% ₹70 Cr 372,285 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 19 | ULTRACEMCO2% ₹64 Cr 50,810 State Bank of India (Financial Services)
Equity, Since 31 Aug 18 | SBIN2% ₹63 Cr 786,589 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jan 22 | BAJFINANCE2% ₹57 Cr 645,355 9. DSP Micro Cap Fund - Direct
DSP Micro Cap Fund - Direct
Growth Launch Date 1 Jan 13 NAV (24 Oct 25) ₹213.495 ↓ -0.37 (-0.17 %) Net Assets (Cr) ₹16,628 on 31 Aug 25 Category Equity - Small Cap AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating Risk Moderately High Expense Ratio 0.83 Sharpe Ratio -0.27 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 Sep 20 ₹10,000 30 Sep 21 ₹17,783 30 Sep 22 ₹19,130 30 Sep 23 ₹24,743 30 Sep 24 ₹35,173 30 Sep 25 ₹33,460
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 23 Oct 25 Duration Returns 1 Month -1.9% 3 Month -4.2% 6 Month 10.7% 1 Year 1.3% 3 Year 20.8% 5 Year 27.1% 10 Year 15 Year Since launch 21.5% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 21.2% Fund Manager information for DSP Micro Cap Fund - Direct
Name Since Tenure Vinit Sambre 21 Jun 10 15.21 Yr. Data below for DSP Micro Cap Fund - Direct as on 31 Aug 25
Equity Sector Allocation
Sector Value Consumer Cyclical 31.05% Basic Materials 17.43% Industrials 15.29% Health Care 8.68% Consumer Defensive 7.55% Financial Services 6.29% Technology 3.38% Communication Services 0.75% Utility 0.13% Asset Allocation
Asset Class Value Cash 9.44% Equity 90.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity Lumax Auto Technologies Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | LUMAXTECH4% ₹728 Cr 6,196,634
↑ 46,634 Dodla Dairy Ltd (Consumer Defensive)
Equity, Since 30 Jun 21 | 5433063% ₹511 Cr 3,750,000 Jubilant Ingrevia Ltd Ordinary Shares (Basic Materials)
Equity, Since 31 Dec 22 | JUBLINGREA3% ₹508 Cr 7,000,000 eClerx Services Ltd (Technology)
Equity, Since 28 Feb 18 | ECLERX3% ₹467 Cr 1,105,918
↓ -194,082 Welspun Corp Ltd (Basic Materials)
Equity, Since 31 Mar 21 | WELCORP3% ₹463 Cr 5,500,000 LT Foods Ltd (Consumer Defensive)
Equity, Since 31 Dec 17 | LTFOODS3% ₹421 Cr 10,000,000 Thangamayil Jewellery Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | THANGAMAYL2% ₹378 Cr 1,677,908
↑ 1,216 Techno Electric & Engineering Co Ltd (Industrials)
Equity, Since 31 Jan 19 | TECHNOE2% ₹378 Cr 2,500,000 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 31 Mar 23 | KIRLOSENG2% ₹359 Cr 4,000,000 Cyient Ltd (Industrials)
Equity, Since 30 Sep 21 | CYIENT2% ₹350 Cr 3,000,000 10. Franklin India Taxshield - Direct
Franklin India Taxshield - Direct
Growth Launch Date 1 Jan 13 NAV (24 Oct 25) ₹1,679.69 ↓ -3.31 (-0.20 %) Net Assets (Cr) ₹6,531 on 30 Sep 25 Category Equity - ELSS AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating Risk Moderately High Expense Ratio 1.02 Sharpe Ratio -0.76 Information Ratio 1.12 Alpha Ratio -1.33 Min Investment Min SIP Investment Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 20 ₹10,000 30 Sep 21 ₹17,299 30 Sep 22 ₹17,699 30 Sep 23 ₹21,835 30 Sep 24 ₹31,917 30 Sep 25 ₹30,231
Purchase not allowed Returns for Franklin India Taxshield - Direct
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 25 Duration Returns 1 Month 2.1% 3 Month 0.9% 6 Month 5.5% 1 Year 3.3% 3 Year 20.1% 5 Year 24.1% 10 Year 15 Year Since launch 16.3% Historical performance (Yearly) on absolute basis
Year Returns 2024 23.4% 2023 32.4% 2022 6.3% 2021 37.9% 2020 10.8% 2019 6.2% 2018 -2.1% 2017 30.5% 2016 5.8% 2015 5% Fund Manager information for Franklin India Taxshield - Direct
Name Since Tenure R. Janakiraman 2 May 16 9.34 Yr. Rajasa Kakulavarapu 1 Dec 23 1.75 Yr. Data below for Franklin India Taxshield - Direct as on 30 Sep 25
Equity Sector Allocation
Sector Value Financial Services 30.2% Consumer Cyclical 12.11% Industrials 12.02% Technology 8.57% Health Care 7.02% Basic Materials 5.82% Consumer Defensive 5.38% Communication Services 5.22% Utility 4.91% Energy 3.06% Real Estate 1.78% Asset Allocation
Asset Class Value Cash 3.93% Equity 96.07% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK10% ₹636 Cr 4,546,914 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFCBANK9% ₹621 Cr 6,520,834 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 19 | LT5% ₹318 Cr 883,853 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 07 | BHARTIARTL4% ₹287 Cr 1,517,753 Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY4% ₹283 Cr 1,922,741 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | AXISBANK4% ₹235 Cr 2,252,948 Eternal Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | 5433204% ₹235 Cr 7,500,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Oct 21 | HCLTECH3% ₹213 Cr 1,462,587 Reliance Industries Ltd (Energy)
Equity, Since 31 May 22 | RELIANCE3% ₹200 Cr 1,472,922 Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Jun 11 | GRASIM3% ₹190 Cr 685,013
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Research Highlights for Franklin India Opportunities Fund - Direct