Franklin India Large Cap Fund vs Zerodha BSE SENSEX Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Franklin India Large Cap Fund is a Large Cap fund and Zerodha BSE SENSEX Index Fund is an Index fund. Franklin India Large Cap Fund charges 1.45% a year and Zerodha BSE SENSEX Index Fund 0.47% (Direct plans). Their portfolios overlap 54.7%: they hold 17 of the same securities.
Franklin India Large Cap Fund
Large Cap
- Expense ratio
- 1.45%
- NAV
- ₹1,092.77
Which is better, Franklin India Large Cap or Zerodha BSE SENSEX Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Zerodha BSE SENSEX Index costs less: 0.47% a year against 1.45% (Direct plans).
- Franklin India Large Cap fell less in its worst fall since 10-11-2025: −14.0% against −16.1%.
- Franklin India Large Cap is the larger fund: ₹6,906 Cr against ₹19 Cr.
- Their portfolios overlap 54.7%: 17 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 Large Cap Fund | Zerodha BSE SENSEX Index Fund |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | Zerodha Mutual Fund |
| Category | Large Cap | Index |
| AUM | ₹6,906 Cr (30-09-2026) | ₹19 Cr (30-09-2026) |
| NAV | ₹1,092.77 (Direct) | ₹8.99 (Direct) |
| Expense ratio (Direct) | 1.45% | 0.47% |
| Expense ratio (Regular) | 2.15% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Nifty 100 TRI | BSE SENSEX TRI |
| Launch date | 01-12-1993 | 06-11-2025 |
| Minimum investment | 5000/1 | ₹100 |
| Lock in | None | None |
| Fund managers | Venkatesh Sanjeevi, Ajay Argal, Sandeep Manam | Kedarnath Mirajkar |
| Exit load | Exit load of 1% if redeemed within 1 year | Nil |
Franklin India Large Cap vs Zerodha BSE SENSEX Index: 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 Large Cap Fund (Direct) | +2.29% | −4.21% | −0.14% | −6.59% | +10.11% | +7.03% | +10.57% |
| Zerodha BSE SENSEX Index Fund (Direct) | +2.75% | −4.37% | −2.58% | -- | -- | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
Category average: the average of the 35 Large Cap funds, same plan type.
Franklin India Large Cap vs Zerodha BSE SENSEX Index: Year-wise Returns
| Year | Franklin India Large CapFranklin India Large Cap | Zerodha BSE SENSEX IndexZerodha BSE SENSEX Index |
|---|---|---|
| 2026to date | −7.58% | −12.06% |
| 2025 | +9.25% | -- |
| 2024 | +17.14% | -- |
| 2023 | +22.80% | -- |
| 2022 | −1.48% | -- |
| 2021 | +33.72% | -- |
Franklin India Large Cap vs Zerodha BSE SENSEX Index: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Franklin India Large Cap Fund
Franklin India Large Cap vs Zerodha BSE SENSEX Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Franklin India Large Cap Fund (Direct) | Zerodha BSE SENSEX Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.64% | −10.70% |
| Standard deviation | 15.32% | 14.00% |
| Sharpe ratio | 0.37 | -1.14 |
| Sortino ratio | 0.50 | -1.53 |
| Maximum drawdown | −36.3% (23-03-2020) | −16.1% (30-03-2026) |
| Beta | 0.93 | 1.00 |
| Alpha | +0.06% | −0.40% |
From daily NAVs, 01-01-2013 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 Large Cap Fund (Direct)
Zerodha BSE SENSEX Index Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Franklin India Large Cap Fund (Direct) | −14.0% | 07-01-2026 | 31-03-2026 | Not yet | -- | −8.7% |
| Zerodha BSE SENSEX Index Fund (Direct) | −16.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −12.6% |
| Nifty 100 TRI | −14.9% | 02-01-2026 | 30-03-2026 | Not yet | -- | −10.1% |
From daily values since 10-11-2025, the first day every fund has.
Franklin India Large Cap vs Zerodha BSE SENSEX Index: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin India Large Cap Fund, September 2026; Zerodha BSE SENSEX Index Fund, September 2026
Holdings in common
- Overlap
- 54.7%
- Held by both
- 17
- Only in Franklin India Large Cap
- 18
- Only in Zerodha BSE SENSEX Index
- 13
| Security | % of Franklin India Large Cap | % of Zerodha BSE SENSEX Index |
|---|---|---|
| ICICI Bank Ltd | 9.64% | 11.04% |
| HDFC Bank Ltd | 6.59% | 12.59% |
| Larsen & Toubro Ltd | 5.06% | 5.11% |
| State Bank of India | 4.72% | 4.64% |
| Reliance Industries Ltd | 3.92% | 9.16% |
| Bharti Airtel Ltd | 3.92% | 6.39% |
| Kotak Mahindra Bank Ltd | 5.63% | 3.58% |
| Infosys Ltd | 3.44% | 4.09% |
| Mahindra & Mahindra Ltd | 6.06% | 3.08% |
| Eternal Ltd | 3.90% | 2.70% |
| ITC Ltd | 2.13% | 2.97% |
| Ultratech Cement Ltd | 1.72% | 1.50% |
| Interglobe Aviation Ltd | 3.18% | 1.30% |
| Bajaj Finserv Ltd | 4.15% | 1.13% |
| Tata Consultancy Services Ltd | 1.01% | 2.42% |
| Trent Ltd | 0.94% | 1.01% |
| Axis Bank Ltd | 0.15% | 4.08% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 54.7% means 54.7% 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 Large Cap Fund
| Security | % of fund |
|---|---|
| Torrent Pharmaceuticals Ltd | 4.10% |
| SBI Life Insurance Co Ltd | 3.86% |
| Apollo Hospitals Enterprise Ltd | 3.06% |
| Hindalco Industries Ltd | 2.90% |
| Tata Motors Ltd | 2.06% |
Largest holdings only in Zerodha BSE SENSEX Index Fund
| Security | % of fund |
|---|---|
| Bajaj Finance Limited | 3.00% |
| Sun Pharmaceutical Industries Limited | 2.29% |
| Titan Company Limited | 2.18% |
| Hindustan Unilever Limited | 1.96% |
| Maruti Suzuki India Limited | 1.79% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin India Large Cap | Zerodha BSE SENSEX Index |
|---|---|---|
| Equity | 98.7% | 100.1% |
| Debt | 0.1% | 0.0% |
| Cash and others | 1.1% | -0.1% |
Market cap of stocks
| Market cap | Franklin India Large Cap | Zerodha BSE SENSEX Index |
|---|---|---|
| Large Cap | 92.2% | 100.1% |
| Mid Cap | 5.3% | 0.0% |
| Small Cap | 0.0% | 0.0% |
| Not on AMFI's list | 1.2% | 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 Large Cap | Zerodha BSE SENSEX Index |
|---|---|---|
| Banks | 26.7% | 35.9% |
| Petroleum Products | 3.9% | 9.2% |
| IT - Software | 5.9% | 9.2% |
| Telecom - Services | 3.9% | 6.4% |
| Retailing | 6.3% | 3.7% |
| Automobiles | 6.1% | 4.9% |
| Insurance | 5.7% | 0.0% |
| Construction | 5.1% | 5.1% |
| Diversified FMCG | 2.1% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
Franklin India Large Cap vs Zerodha BSE SENSEX Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin India Large Cap Fund | Zerodha BSE SENSEX Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.45% | 0.47% |
| Base expense ratio (Direct) | 0.95% | 0.29% |
| Total expense ratio (Regular) | 2.15% | Not available |
| Base expense ratio (Regular) | 1.55% | 0.00% |
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
Franklin India Large Cap Fund vs Zerodha BSE SENSEX Index Fund: Frequently Asked Questions
What is the difference between Franklin India Large Cap Fund and Zerodha BSE SENSEX Index Fund?
Franklin India Large Cap Fund is a Large Cap fund, Zerodha BSE SENSEX Index Fund is an Index fund, run by Franklin Templeton Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 54.7%. Franklin India Large Cap Fund charges 1.45% a year and Zerodha BSE SENSEX Index Fund 0.47%.
Which has the lower expense ratio, Franklin India Large Cap Fund or Zerodha BSE SENSEX Index Fund?
Zerodha BSE SENSEX Index Fund charges less: 0.47% a year against 1.45%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Franklin India Large Cap Fund and Zerodha BSE SENSEX Index Fund overlap?
54.7%. They hold 17 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, LT. From each fund's latest monthly portfolio.
Can I invest in both Franklin India Large Cap Fund and Zerodha BSE SENSEX Index Fund?
Yes. 54.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Franklin India Large Cap Fund and Zerodha BSE SENSEX Index Fund?
Franklin India Large Cap Fund: Venkatesh Sanjeevi, Ajay Argal, Sandeep Manam. Zerodha BSE SENSEX Index Fund: Kedarnath Mirajkar.
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.