Edelweiss Focused Fund vs Franklin India Opportunities Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Focused Fund is a Focused fund and Franklin India Opportunities Fund is a Thematic fund. In the 3 years to 30-10-2026, Edelweiss Focused Fund (Direct) returned 11.8% a year and Franklin India Opportunities Fund (Direct) returned 19.5% a year. Edelweiss Focused Fund charges 0.85% a year and Franklin India Opportunities Fund 0.88% (Direct plans). Their portfolios overlap 21.4%: they hold 9 of the same securities.
Edelweiss Focused Fund
Focused
- 3 year return
- 11.8%
- Expense ratio
- 0.85%
- NAV
- ₹16.46
Franklin India Opportunities Fund
Thematic
- 3 year return
- 19.5%
- Expense ratio
- 0.88%
- NAV
- ₹279.87
Which is better, Edelweiss Focused or Franklin India Opportunities? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Franklin India Opportunities returned more over 3 years: 19.5% a year against 11.8%.
- Franklin India Opportunities returned more over 1 year: −4.5% against −7.6%.
- Edelweiss Focused costs less: 0.85% a year against 0.88% (Direct plans).
- Edelweiss Focused swung less over 3 years: a standard deviation of 14.8% a year against 15.0%.
- Edelweiss Focused fell less in its worst fall since 03-08-2022: −17.1% against −18.1%.
- Franklin India Opportunities holds 4.0% of the fund in foreign stocks; Edelweiss Focused 0.0%.
- Edelweiss Focused holds more in large companies: 62.1% of the fund in large caps against 30.1%.
- Franklin India Opportunities is the larger fund: ₹9,577 Cr against ₹959 Cr.
- Their portfolios overlap 21.4%: 9 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Edelweiss Focused Fund | Franklin India Opportunities Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Franklin Templeton Mutual Fund |
| Category | Focused | Thematic |
| AUM | ₹959 Cr (30-09-2026) | ₹9,577 Cr (30-09-2026) |
| NAV | ₹16.46 (Direct) | ₹279.87 (Direct) |
| Expense ratio (Direct) | 0.85% | 0.88% |
| Expense ratio (Regular) | 2.35% | 2.08% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| Launch date | 01-08-2022 | 21-02-2000 |
| Minimum investment | ₹100 | 5000/1 |
| Lock in | None | None |
| Fund managers | Trideep Bhattacharya, Sumanta Khan, Mehul Dalmia, Amit Vora | Kiran Sebastian, Janakiraman Rengaraju, Sandeep Manam |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Exit load of 1% if redeemed within 1 year |
Edelweiss Focused vs Franklin India Opportunities: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Edelweiss Focused Fund (Direct) | −1.76% | −7.58% | −3.96% | −7.60% | +11.78% | -- | -- |
| Franklin India Opportunities Fund (Direct) | −3.95% | −3.56% | +1.12% | −4.53% | +19.53% | +16.53% | +15.94% |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 28 Focused funds and the 235 Thematic funds, same plan type.
Edelweiss Focused vs Franklin India Opportunities: Year-wise Returns
| Year | Edelweiss FocusedEdelweiss Focused | Franklin India OpportunitiesFranklin India Opportunities | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | −8.19% | −2.61% | −7.51% |
| 2025 | +4.85% | +4.43% | +7.76% |
| 2024 | +24.56% | +39.17% | +16.24% |
| 2023 | +32.00% | +54.87% | +26.91% |
| 2022 | -- | −1.20% | +4.25% |
| 2021 | -- | +30.55% | +31.60% |
Edelweiss Focused vs Franklin India Opportunities: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 304 of them, one for each trading day from 04-08-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Edelweiss Focused Fund (Direct)
Franklin India Opportunities Fund (Direct)
Nifty 500 TRI
to
Sept 2025Nov 2022
to
Nov 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Focused | 0.0 | 0.0 | 0.0 | 24.0 | 68.4 | 7.6 | 0.0 | 17.0% | 18.0% | 10.4% | 20.8% | 100% |
| Franklin India Opportunities | 0.0 | 0.0 | 0.0 | 0.0 | 6.9 | 27.9 | 65.2 | 27.1% | 28.1% | 17.1% | 32.6% | 100% |
| Nifty 500 TRI | 0.0 | 0.0 | 6.3 | 36.2 | 57.6 | 0.0 | 0.0 | 14.6% | 15.4% | 8.8% | 18.1% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 03-08-2022. Past returns do not promise future returns.
Edelweiss Focused vs Franklin India Opportunities: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-08-2022 to 30-10-2026: 51 instalments, ₹5,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss FocusedEdelweiss Focused Fund (Direct) | ₹5,10,000 | ₹5,94,004 | ₹84,004 | 7.1% |
| Franklin India OpportunitiesFranklin India Opportunities Fund (Direct) | ₹5,10,000 | ₹7,02,662 | ₹1,92,662 | 15.2% |
Edelweiss FocusedEdelweiss Focused Fund (Direct)
Franklin India OpportunitiesFranklin India Opportunities Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Edelweiss Focused vs Franklin India Opportunities: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Focused Fund (Direct) | Franklin India Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.60% | −4.53% |
| Standard deviation | 15.10% | 15.49% |
| Sharpe ratio | -0.85 | -0.63 |
| Sortino ratio | -1.14 | -0.84 |
| Maximum drawdown | −13.4% (30-03-2026) | −15.3% (30-03-2026) |
| Beta | 1.02 | 1.01 |
| Alpha | +0.02% | +3.15% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Edelweiss Focused Fund (Direct) | Franklin India Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.78% | +19.53% |
| Standard deviation | 14.81% | 15.02% |
| Sharpe ratio | 0.39 | 0.90 |
| Sortino ratio | 0.54 | 1.23 |
| Maximum drawdown | −17.1% (07-04-2025) | −18.1% (03-03-2025) |
| Beta | 1.01 | 0.98 |
| Alpha | +1.54% | +9.18% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Edelweiss Focused Fund (Direct) | Franklin India Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.39% | +16.60% |
| Standard deviation | 13.66% | 15.99% |
| Sharpe ratio | 0.46 | 0.66 |
| Sortino ratio | 0.63 | 0.90 |
| Maximum drawdown | −17.1% (07-04-2025) | −39.3% (23-03-2020) |
| Beta | 0.99 | 0.96 |
| Alpha | +1.86% | +4.01% |
From daily NAVs, 03-08-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Edelweiss Focused Fund (Direct)
Franklin India Opportunities Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Focused Fund (Direct) | −17.1% | 26-09-2024 | 07-04-2025 | 02-01-2026 | 9 months | −10.0% |
| Franklin India Opportunities Fund (Direct) | −18.1% | 23-09-2024 | 03-03-2025 | 09-09-2025 | 6 months | −6.9% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 03-08-2022, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Focused Fund (Direct)
Franklin India Opportunities Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Focused Fund (Direct)
Franklin India Opportunities Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Focused Fund (Direct) | 103% | 94% | 3.92% |
| Franklin India Opportunities Fund (Direct) | 125% | 77% | 7.36% |
From month-end values since 03-08-2022. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Edelweiss Focused vs Franklin India Opportunities: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Focused Fund, September 2026; Franklin India Opportunities Fund, September 2026
Holdings in common
- Overlap
- 21.4%
- Held by both
- 9
- Only in Edelweiss Focused
- 20
- Only in Franklin India Opportunities
- 41
| Security | % of Edelweiss Focused | % of Franklin India Opportunities |
|---|---|---|
| Mankind Pharma Ltd. | 4.38% | 3.98% |
| TVS Motor Company Ltd. | 3.16% | 3.18% |
| Shriram Finance Ltd. | 4.59% | 2.72% |
| Reliance Industries Ltd. | 5.35% | 2.67% |
| NTPC Ltd. | 3.47% | 2.52% |
| HDFC Bank Ltd. | 5.96% | 1.99% |
| State Bank of India | 2.13% | 1.98% |
| IDFC First Bank Ltd. | 3.12% | 1.47% |
| PB Fintech Ltd. | 1.52% | 0.88% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 21.4% means 21.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Edelweiss Focused Fund
| Security | % of fund |
|---|---|
| ICICI Bank Ltd. | 7.84% |
| Larsen & Toubro Ltd. | 5.28% |
| Marico Ltd. | 4.83% |
| Tata Steel Ltd. | 4.68% |
| KEI Industries Ltd. | 3.66% |
Largest holdings only in Franklin India Opportunities Fund
| Security | % of fund |
|---|---|
| Hindustan Aeronautics Ltd | 6.74% |
| TBO Tek Ltd | 4.98% |
| Syrma SGS Technology Ltd | 4.45% |
| APL Apollo Tubes Ltd | 3.80% |
| Kirloskar Oil Engines Ltd | 3.10% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Focused | Franklin India Opportunities |
|---|---|---|
| Equity | 98.6% | 94.8% |
| Debt | 0.0% | 0.7% |
| Cash and others | 1.4% | 4.5% |
Market cap of stocks
| Market cap | Edelweiss Focused | Franklin India Opportunities |
|---|---|---|
| Large Cap | 62.1% | 30.1% |
| Mid Cap | 36.5% | 20.6% |
| Small Cap | 0.0% | 39.5% |
| Foreign stocks | 0.0% | 4.0% |
| Not on AMFI's list | 0.0% | 0.7% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Edelweiss Focused | Franklin India Opportunities |
|---|---|---|
| Banks | 21.9% | 9.9% |
| Industrial Products | 3.7% | 14.9% |
| Industrial Manufacturing | 0.0% | 9.6% |
| Finance | 7.9% | 4.5% |
| Aerospace & Defense | 2.6% | 7.7% |
| Pharmaceuticals & Biotechnology | 4.4% | 7.5% |
| Automobiles | 6.2% | 4.5% |
| IT - Software | 6.1% | 2.4% |
| Leisure Services | 0.0% | 6.0% |
| Petroleum Products | 5.3% | 2.7% |
| Construction | 5.3% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Focused vs Franklin India Opportunities: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Focused Fund | Franklin India Opportunities Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.85% | 0.88% |
| Base expense ratio (Direct) | 0.67% | 0.47% |
| Total expense ratio (Regular) | 2.35% | 2.08% |
| Base expense ratio (Regular) | 1.95% | 1.51% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Edelweiss Focused with
Compare Franklin India Opportunities with
Edelweiss Focused Fund vs Franklin India Opportunities Fund: Frequently Asked Questions
What is the difference between Edelweiss Focused Fund and Franklin India Opportunities Fund?
Edelweiss Focused Fund is a Focused fund, Franklin India Opportunities Fund is a Thematic fund, run by Edelweiss Mutual Fund and Franklin Templeton Mutual Fund. Their portfolios overlap 21.4%. Edelweiss Focused Fund charges 0.85% a year and Franklin India Opportunities Fund 0.88%.
Which has given higher returns, Edelweiss Focused Fund or Franklin India Opportunities Fund?
Over 1 year: Edelweiss Focused Fund −7.60%, Franklin India Opportunities Fund −4.53%. Over 3 years: Edelweiss Focused Fund +11.78% a year, Franklin India Opportunities Fund +19.53% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Focused Fund or Franklin India Opportunities Fund?
Edelweiss Focused Fund charges less: 0.85% a year against 0.88%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Focused Fund and Franklin India Opportunities Fund overlap?
21.4%. They hold 9 of the same securities, the largest shared ones being MANKIND, TVSMOTOR, SHRIRAMFIN. From each fund's latest monthly portfolio.
Which is better for SIP, Edelweiss Focused Fund or Franklin India Opportunities Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,78,624 in Edelweiss Focused Fund (XIRR 1.5% a year) and ₹4,10,230 in Franklin India Opportunities Fund (XIRR 6.7% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss Focused Fund and Franklin India Opportunities Fund?
Yes. 21.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Edelweiss Focused Fund and Franklin India Opportunities Fund?
Edelweiss Focused Fund: Trideep Bhattacharya, Sumanta Khan, Mehul Dalmia, Amit Vora. Franklin India Opportunities Fund: Kiran Sebastian, Janakiraman Rengaraju, Sandeep Manam.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.