Franklin India Multi-Factor Fund vs SBI BSE 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Franklin India Multi-Factor Fund is a Thematic fund and SBI BSE 100 ETF is a mutual fund. Franklin India Multi-Factor Fund charges 1.14% a year and SBI BSE 100 ETF 0.16%. Their portfolios overlap 58.7%: they hold 52 of the same securities.
Franklin India Multi-Factor Fund
Thematic
- Expense ratio
- 1.14%
- NAV
- ₹9.02
Which is better, Franklin India Multi-Factor 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 costs less: 0.16% a year against 1.14%.
- Franklin India Multi-Factor fell less in its worst fall since 28-11-2025: −13.8% against −15.0%.
- SBI BSE 100 ETF holds more in large companies: 90.2% of the fund in large caps against 71.7%.
- Franklin India Multi-Factor is the larger fund: ₹581 Cr against ₹9 Cr.
- Their portfolios overlap 58.7%: 52 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 Multi-Factor Fund | SBI BSE 100 ETF |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | SBI Mutual Fund |
| Category | Thematic | Not available |
| AUM | ₹581 Cr (30-09-2026) | ₹9 Cr (30-09-2026) |
| NAV | ₹9.02 (Direct) | ₹272.01 (Regular) |
| Expense ratio (Direct) | 1.14% | Not available |
| Expense ratio (Regular) | 2.80% | 0.16% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
Franklin India Multi-Factor 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 Multi-Factor Fund (Direct) | −0.19% | −6.70% | −5.31% | -- | -- | -- | -- |
| SBI BSE 100 ETF (Regular) | +0.93% | −5.53% | −2.97% | −9.05% | +8.78% | +7.62% | +11.52% |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Franklin India Multi-Factor vs SBI BSE 100 ETF: Year-wise Returns
| Year | Franklin India Multi-FactorFranklin India Multi-Factor | SBI BSE 100 ETFSBI BSE 100 ETF |
|---|---|---|
| 2026to date | −10.63% | −9.80% |
| 2025 | -- | +10.33% |
| 2024 | -- | +13.11% |
| 2023 | -- | +23.07% |
| 2022 | -- | +5.85% |
| 2021 | -- | +26.33% |
Franklin India Multi-Factor vs SBI BSE 100 ETF: Rolling Returns
Every holding period of both funds, against BSE 200 TRI, the benchmark of Franklin India Multi-Factor Fund
Franklin India Multi-Factor 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 Multi-Factor Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | −10.62% | +10.40% |
| Standard deviation | 14.25% | 15.99% |
| Sharpe ratio | -1.11 | 0.30 |
| Sortino ratio | -1.45 | 0.40 |
| Maximum drawdown | −13.8% (31-03-2026) | −38.2% (23-03-2020) |
| Beta | 0.97 | 1.00 |
| Alpha | −1.09% | −0.44% |
From daily NAVs, 28-11-2025 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.
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 Multi-Factor Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 200 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Franklin India Multi-Factor Fund (Direct) | −13.8% | 02-01-2026 | 31-03-2026 | Not yet | -- | −11.3% |
| SBI BSE 100 ETF (Regular) | −15.0% | 02-01-2026 | 31-03-2026 | Not yet | -- | −10.6% |
| BSE 200 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −9.9% |
From daily values since 28-11-2025, the first day every fund has.
Franklin India Multi-Factor vs SBI BSE 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin India Multi-Factor Fund, September 2026; SBI BSE 100 ETF, September 2026
Holdings in common
- Overlap
- 58.7%
- Held by both
- 52
- Only in Franklin India Multi-Factor
- 38
- Only in SBI BSE 100 ETF
- 48
| Security | % of Franklin India Multi-Factor | % of SBI BSE 100 ETF |
|---|---|---|
| HDFC Bank Ltd | 5.90% | 8.26% |
| ICICI Bank Ltd | 5.08% | 7.24% |
| Reliance Industries Ltd | 4.24% | 6.01% |
| Bharti Airtel Ltd | 3.83% | 4.18% |
| State Bank of India | 2.71% | 3.04% |
| Larsen & Toubro Ltd | 2.67% | 3.35% |
| Infosys Ltd | 2.32% | 2.68% |
| ITC Ltd | 2.30% | 1.94% |
| Bajaj Finance Ltd | 1.58% | 1.96% |
| Sun Pharmaceutical Industries Ltd | 1.97% | 1.50% |
| Axis Bank Ltd | 1.46% | 2.68% |
| Titan Co Ltd | 1.92% | 1.43% |
| Tata Consultancy Services Ltd | 1.21% | 1.58% |
| NTPC Ltd | 1.24% | 1.17% |
| Mahindra & Mahindra Ltd | 1.01% | 2.01% |
| Bharat Electronics Ltd | 1.00% | 1.07% |
| HCL Technologies Ltd | 1.20% | 0.99% |
| Kotak Mahindra Bank Ltd | 0.90% | 2.34% |
| Divi's Laboratories Ltd | 1.33% | 0.90% |
| Bajaj Auto Ltd | 1.37% | 0.88% |
| Hindalco Industries Ltd | 0.79% | 1.03% |
| Shriram Finance Ltd | 0.78% | 1.04% |
| Coal India Ltd | 1.42% | 0.78% |
| Nestle India Ltd | 1.34% | 0.71% |
| Eternal Ltd | 0.69% | 1.76% |
| Tata Motors Ltd | 1.13% | 0.68% |
| Trent Ltd | 1.03% | 0.66% |
| Adani Power Ltd | 1.02% | 0.66% |
| Hindustan Aeronautics Ltd | 0.65% | 0.66% |
| Apollo Hospitals Enterprise Ltd | 1.23% | 0.63% |
| Samvardhana Motherson International Ltd | 1.28% | 0.55% |
| Ultratech Cement Ltd | 0.52% | 0.98% |
| Tech Mahindra Ltd | 0.51% | 0.75% |
| Tata Steel Ltd | 0.51% | 1.16% |
| Hero MotoCorp Ltd | 1.33% | 0.51% |
| Cummins India Ltd | 0.99% | 0.49% |
| Indian Hotels Co Ltd | 0.83% | 0.49% |
| Hindustan Unilever Ltd | 0.48% | 1.28% |
| Bharat Petroleum Corporation Ltd | 0.79% | 0.45% |
| Dixon Technologies (India) Ltd | 0.78% | 0.42% |
| One 97 Communications Ltd | 0.40% | 0.55% |
| Lupin Ltd | 1.19% | 0.38% |
| Indus Towers Ltd | 0.76% | 0.37% |
| Power Finance Corporation Ltd | 0.87% | 0.36% |
| HDFC Asset Management Co Ltd | 0.71% | 0.35% |
| Pidilite Industries Ltd | 0.63% | 0.34% |
| Bank of Baroda | 0.76% | 0.33% |
| Marico Ltd | 0.82% | 0.32% |
| Canara Bank | 1.09% | 0.31% |
| United Spirits Ltd | 0.44% | 0.30% |
| REC Ltd | 1.00% | 0.28% |
| Maruti Suzuki India Ltd | 0.27% | 1.18% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.7% means 58.7% 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 Multi-Factor Fund
| Security | % of fund |
|---|---|
| Solar Industries India Ltd | 1.20% |
| Life Insurance Corporation Of India | 1.11% |
| FSN E-Commerce Ventures Ltd | 1.10% |
| Aurobindo Pharma Ltd | 1.08% |
| Steel Authority of India Ltd | 1.07% |
Largest holdings only in SBI BSE 100 ETF
| Security | % of fund |
|---|---|
| Adani Ports and Special Economic Zone Ltd. | 1.07% |
| Power Grid Corporation of India Ltd. | 0.91% |
| JSW Steel Ltd. | 0.91% |
| Grasim Industries Ltd. | 0.87% |
| Interglobe Aviation Ltd. | 0.85% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin India Multi-Factor | SBI BSE 100 ETF |
|---|---|---|
| Equity | 97.6% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.4% | 0.0% |
Market cap of stocks
| Market cap | Franklin India Multi-Factor | SBI BSE 100 ETF |
|---|---|---|
| Large Cap | 71.7% | 90.2% |
| Mid Cap | 18.2% | 9.7% |
| Small Cap | 7.4% | 0.0% |
| Not on AMFI's list | 0.4% | 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 Multi-Factor | SBI BSE 100 ETF |
|---|---|---|
| Banks | 19.4% | 26.7% |
| IT - Software | 5.9% | 7.5% |
| Finance | 7.5% | 5.8% |
| Petroleum Products | 5.0% | 6.8% |
| Automobiles | 4.0% | 6.5% |
| Pharmaceuticals & Biotechnology | 6.4% | 3.9% |
| Telecom - Services | 5.1% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Franklin India Multi-Factor vs SBI BSE 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin India Multi-Factor Fund | SBI BSE 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.14% | Not available |
| Base expense ratio (Direct) | 0.62% | 0.00% |
| Total expense ratio (Regular) | 2.80% | 0.16% |
| Base expense ratio (Regular) | 2.07% | 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 Multi-Factor with
Franklin India Multi-Factor Fund vs SBI BSE 100 ETF: Frequently Asked Questions
What is the difference between Franklin India Multi-Factor Fund and SBI BSE 100 ETF?
Franklin India Multi-Factor Fund is a Thematic fund, SBI BSE 100 ETF is a mutual fund, run by Franklin Templeton Mutual Fund and SBI Mutual Fund. Their portfolios overlap 58.7%. Franklin India Multi-Factor Fund charges 1.14% a year and SBI BSE 100 ETF 0.16%.
Which has the lower expense ratio, Franklin India Multi-Factor Fund or SBI BSE 100 ETF?
SBI BSE 100 ETF charges less: 0.16% a year against 1.14%. These are the total expense ratios reported to AMFI.
How much do Franklin India Multi-Factor Fund and SBI BSE 100 ETF overlap?
58.7%. They hold 52 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both Franklin India Multi-Factor Fund and SBI BSE 100 ETF?
Yes. 58.7% of each fund's money sits in the same holdings, so a large part 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.