Franklin India Equity Savings Fund vs SBI BSE 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Franklin India Equity Savings Fund is an Equity Savings fund and SBI BSE 100 ETF is a mutual fund. In the 3 years to 30-10-2026, Franklin India Equity Savings Fund (Direct) returned 7.3% a year and SBI BSE 100 ETF (Regular) returned 8.8% a year. Franklin India Equity Savings Fund charges 0.82% a year and SBI BSE 100 ETF 0.16%. Their portfolios overlap 35.5%: they hold 39 of the same securities.
Franklin India Equity Savings Fund
Equity Savings
- 3 year return
- 7.3%
- Expense ratio
- 0.82%
- NAV
- ₹18.75
Which is better, Franklin India Equity Savings or SBI BSE 100 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI BSE 100 ETF returned more over 5 years: 7.6% a year against 6.8%.
- SBI BSE 100 ETF returned more over 3 years: 8.8% a year against 7.3%.
- SBI BSE 100 ETF costs less: 0.16% a year against 0.82%.
- Franklin India Equity Savings swung less over 3 years: a standard deviation of 2.6% a year against 13.5%.
- Franklin India Equity Savings fell less in its worst fall since 27-08-2018: −16.7% against −38.2%.
- SBI BSE 100 ETF holds more in large companies: 90.2% of the fund in large caps against 60.3%.
- Franklin India Equity Savings is the larger fund: ₹560 Cr against ₹9 Cr.
- Their portfolios overlap 35.5%: 39 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 | Franklin India Equity Savings Fund | SBI BSE 100 ETF |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | SBI Mutual Fund |
| Category | Equity Savings | Not available |
| AUM | ₹560 Cr (30-09-2026) | ₹9 Cr (30-09-2026) |
| NAV | ₹18.75 (Direct) | ₹272.01 (Regular) |
| Expense ratio (Direct) | 0.82% | Not available |
| Expense ratio (Regular) | 1.61% | 0.16% |
| Riskometer | Not available | Not available |
| Benchmark | Nifty Equity Savings Index | Not available |
| Launch date | 27-08-2018 | Not available |
| Minimum investment | 5000/1 | Not available |
| Lock in | None | Not available |
| Fund managers | Rajasa Kakulavarapu, Venkatesh Sanjeevi, Anuj Tagra, Rohan Maru, Sandeep Manam | Not available |
| Exit load | Nil | Not available |
Franklin India Equity Savings vs SBI BSE 100 ETF: 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 |
|---|---|---|---|---|---|---|---|
| Franklin India Equity Savings Fund (Direct) | +0.67% | +0.05% | +2.06% | +2.60% | +7.30% | +6.80% | -- |
| SBI BSE 100 ETF (Regular) | +0.93% | −5.53% | −2.97% | −9.05% | +8.78% | +7.62% | +11.52% |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | -- |
Category average: the average of the 23 Equity Savings funds, same plan type.
Franklin India Equity Savings vs SBI BSE 100 ETF: Year-wise Returns
| Year | Franklin India Equity SavingsFranklin India Equity Savings | SBI BSE 100 ETFSBI BSE 100 ETF |
|---|---|---|
| 2026to date | +1.86% | −9.80% |
| 2025 | +6.73% | +10.33% |
| 2024 | +9.79% | +13.11% |
| 2023 | +11.14% | +23.07% |
| 2022 | +4.99% | +5.85% |
| 2021 | +14.71% | +26.33% |
Franklin India Equity Savings vs SBI BSE 100 ETF: Rolling Returns
Every holding period of both funds, against BSE 100 TRI, the benchmark of SBI BSE 100 ETF
Rolling returns
Every 3-year holding period, 1,274 of them, one for each trading day from 27-08-2021 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.
Franklin India Equity Savings Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
to
Jan 2022Dec 2019
to
Dec 2022Oct 2020
to
Oct 2023Sept 2021
to
Sept 2024Aug 2022
to
Aug 2025May 2023
to
May 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Franklin India Equity Savings | 0.0 | 0.0 | 63.0 | 36.6 | 0.5 | 0.0 | 0.0 | 9.9% | 9.5% | 6.9% | 15.8% | 0% |
| SBI BSE 100 ETF | 0.0 | 0.0 | 3.9 | 30.9 | 50.7 | 10.4 | 4.0 | 16.4% | 16.1% | 6.8% | 32.6% | 1% |
| BSE 100 TRI | 0.0 | 0.0 | 3.4 | 29.5 | 51.3 | 11.5 | 4.3 | 16.7% | 16.4% | 7.0% | 32.8% | -- |
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 BSE 100 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 27-08-2018. Past returns do not promise future returns.
Franklin India Equity Savings vs SBI BSE 100 ETF: 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 27-08-2018 to 30-10-2026: 99 instalments, ₹9,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Franklin India Equity SavingsFranklin India Equity Savings Fund (Direct) | ₹9,90,000 | ₹13,93,027 | ₹4,03,027 | 8.1% |
| SBI BSE 100 ETFSBI BSE 100 ETF (Regular) | ₹9,90,000 | ₹15,48,876 | ₹5,58,876 | 10.6% |
Franklin India Equity SavingsFranklin India Equity Savings Fund (Direct)
SBI BSE 100 ETFSBI BSE 100 ETF (Regular)
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.
Franklin India Equity Savings vs SBI BSE 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Franklin India Equity Savings Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +2.60% | −9.05% |
| Standard deviation | 2.85% | 13.91% |
| Sharpe ratio | -0.93 | -1.03 |
| Sortino ratio | -1.23 | -1.36 |
| Maximum drawdown | −2.1% (30-03-2026) | −15.0% (31-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.16% |
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 | Franklin India Equity Savings Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +7.30% | +8.78% |
| Standard deviation | 2.59% | 13.55% |
| Sharpe ratio | 0.49 | 0.20 |
| Sortino ratio | 0.68 | 0.28 |
| Maximum drawdown | −2.1% (30-03-2026) | −16.7% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.18% |
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 | Franklin India Equity Savings Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +6.80% | +7.62% |
| Standard deviation | 3.78% | 13.90% |
| Sharpe ratio | 0.27 | 0.13 |
| Sortino ratio | 0.36 | 0.18 |
| Maximum drawdown | −5.8% (20-06-2022) | −16.7% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.17% |
From daily NAVs, 29-10-2021 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 | Franklin India Equity Savings Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +8.00% | +10.40% |
| Standard deviation | 5.78% | 15.99% |
| Sharpe ratio | 0.47 | 0.30 |
| Sortino ratio | 0.63 | 0.40 |
| Maximum drawdown | −16.7% (24-03-2020) | −38.2% (23-03-2020) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.44% |
From daily NAVs, 27-08-2018 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.
Franklin India Equity Savings Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Franklin India Equity Savings Fund (Direct) | −16.7% | 06-02-2020 | 24-03-2020 | 27-08-2020 | 5 months | −0.7% |
| SBI BSE 100 ETF (Regular) | −38.2% | 17-01-2020 | 23-03-2020 | 09-11-2020 | 8 months | −10.6% |
| BSE 100 TRI | −38.0% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −10.4% |
From daily values since 27-08-2018, 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.
Franklin India Equity Savings Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 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.
Franklin India Equity Savings Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Franklin India Equity Savings Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
Against BSE 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Franklin India Equity Savings Fund (Direct) | 41% | 22% | 11.75% |
| SBI BSE 100 ETF (Regular) | 100% | 100% | 0.07% |
From month-end values since 27-08-2018. 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.
Franklin India Equity Savings vs SBI BSE 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin India Equity Savings Fund, September 2026; SBI BSE 100 ETF, September 2026
Holdings in common
- Overlap
- 35.5%
- Held by both
- 39
- Only in Franklin India Equity Savings
- 20
- Only in SBI BSE 100 ETF
- 61
| Security | % of Franklin India Equity Savings | % of SBI BSE 100 ETF |
|---|---|---|
| Bharti Airtel Ltd | 4.50% | 4.18% |
| Reliance Industries Ltd | 2.85% | 6.01% |
| Axis Bank Ltd | 6.45% | 2.68% |
| Kotak Mahindra Bank Ltd | 4.10% | 2.34% |
| Mahindra & Mahindra Ltd | 3.63% | 2.01% |
| ICICI Bank Ltd | 1.52% | 7.24% |
| Larsen & Toubro Ltd | 1.44% | 3.35% |
| Titan Co Ltd | 3.37% | 1.43% |
| Eternal Ltd | 1.20% | 1.76% |
| NTPC Ltd | 4.15% | 1.17% |
| HDFC Bank Ltd | 1.00% | 8.26% |
| Infosys Ltd | 1.00% | 2.68% |
| Ultratech Cement Ltd | 1.57% | 0.98% |
| State Bank of India | 0.77% | 3.04% |
| Bajaj Finserv Ltd | 0.71% | 0.74% |
| Hindustan Aeronautics Ltd | 3.88% | 0.66% |
| Apollo Hospitals Enterprise Ltd | 2.24% | 0.63% |
| HCL Technologies Ltd | 0.61% | 0.99% |
| Cipla Ltd | 1.20% | 0.58% |
| Jio Financial Services Ltd | 1.55% | 0.55% |
| Maruti Suzuki India Ltd | 0.53% | 1.18% |
| Bharat Electronics Ltd | 0.53% | 1.07% |
| ITC Ltd | 0.53% | 1.94% |
| Bajaj Finance Ltd | 0.51% | 1.96% |
| Cholamandalam Investment and Finance Co Ltd | 0.49% | 0.54% |
| Tata Power Co Ltd | 1.45% | 0.46% |
| Sun Pharmaceutical Industries Ltd | 0.45% | 1.50% |
| Hindustan Unilever Ltd | 0.44% | 1.28% |
| AU Small Finance Bank Ltd | 0.63% | 0.44% |
| Britannia Industries Ltd | 0.69% | 0.43% |
| HDFC Life Insurance Co Ltd | 1.48% | 0.42% |
| Indus Towers Ltd | 1.00% | 0.37% |
| SBI Life Insurance Co Ltd | 0.35% | 0.58% |
| Bank of Baroda | 1.08% | 0.33% |
| Marico Ltd | 0.46% | 0.32% |
| ICICI Lombard General Insurance Co Ltd | 0.23% | 0.30% |
| Asian Paints Ltd | 0.21% | 0.83% |
| Yes Bank Ltd | 0.09% | 0.28% |
| JSW Steel Ltd | 0.03% | 0.91% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.5% means 35.5% 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 Franklin India Equity Savings Fund
| Security | % of fund |
|---|---|
| 0.00% Jubilant Bevco Ltd (31-May-2028) | 4.67% |
| 91 DTB (22-Oct-2026) | 2.67% |
| 7.21% Embassy Office Parks Reit (17-Mar-2028) | 2.65% |
| Vodafone Idea Ltd | 2.23% |
| RBL Bank Ltd | 2.01% |
Largest holdings only in SBI BSE 100 ETF
| Security | % of fund |
|---|---|
| Tata Consultancy Services Ltd. | 1.58% |
| Tata Steel Ltd. | 1.16% |
| Adani Ports and Special Economic Zone Ltd. | 1.07% |
| Shriram Finance Ltd. | 1.04% |
| Hindalco Industries Ltd. | 1.03% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin India Equity Savings | SBI BSE 100 ETF |
|---|---|---|
| Equity | 67.3% | 100.0% |
| Debt | 18.4% | 0.0% |
| Cash and others | 14.3% | 0.0% |
Market cap of stocks
| Market cap | Franklin India Equity Savings | SBI BSE 100 ETF |
|---|---|---|
| Large Cap | 60.3% | 90.2% |
| Mid Cap | 4.0% | 9.7% |
| Small Cap | 3.1% | 0.0% |
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 | Franklin India Equity Savings | SBI BSE 100 ETF |
|---|---|---|
| Banks | 18.1% | 26.7% |
| Telecom - Services | 7.7% | 4.5% |
| IT - Software | 1.6% | 7.5% |
| Petroleum Products | 3.4% | 6.8% |
| Automobiles | 4.2% | 6.5% |
| Finance | 3.3% | 5.8% |
| Power | 5.6% | 3.2% |
| Aerospace & Defense | 4.4% | 1.7% |
| Consumer Durables | 3.6% | 2.9% |
The six largest sectors of each fund's stocks, % of the fund.
Franklin India Equity Savings vs SBI BSE 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin India Equity Savings Fund | SBI BSE 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.82% | Not available |
| Base expense ratio (Direct) | 0.32% | 0.00% |
| Total expense ratio (Regular) | 1.61% | 0.16% |
| Base expense ratio (Regular) | 1.00% | 0.12% |
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 Franklin India Equity Savings with
Franklin India Equity Savings Fund vs SBI BSE 100 ETF: Frequently Asked Questions
What is the difference between Franklin India Equity Savings Fund and SBI BSE 100 ETF?
Franklin India Equity Savings Fund is an Equity Savings fund, SBI BSE 100 ETF is a mutual fund, run by Franklin Templeton Mutual Fund and SBI Mutual Fund. Their portfolios overlap 35.5%. Franklin India Equity Savings Fund charges 0.82% a year and SBI BSE 100 ETF 0.16%.
Which has given higher returns, Franklin India Equity Savings Fund or SBI BSE 100 ETF?
Over 1 year: Franklin India Equity Savings Fund +2.60%, SBI BSE 100 ETF −9.05%. Over 3 years: Franklin India Equity Savings Fund +7.30% a year, SBI BSE 100 ETF +8.78% a year. Over 5 years: Franklin India Equity Savings Fund +6.80% a year, SBI BSE 100 ETF +7.62% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Franklin India Equity Savings Fund or SBI BSE 100 ETF?
SBI BSE 100 ETF charges less: 0.16% a year against 0.82%. These are the total expense ratios reported to AMFI.
How much do Franklin India Equity Savings Fund and SBI BSE 100 ETF overlap?
35.5%. They hold 39 of the same securities, the largest shared ones being BHARTIARTL, RELIANCE, AXISBANK. From each fund's latest monthly portfolio.
Which is better for SIP, Franklin India Equity Savings Fund or SBI BSE 100 ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,25,783 in Franklin India Equity Savings Fund (XIRR 6.8% a year) and ₹7,13,638 in SBI BSE 100 ETF (XIRR 6.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Franklin India Equity Savings Fund and SBI BSE 100 ETF?
Yes. 35.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.