Franklin India Multi-Factor Fund vs Tata Dividend Yield Fund
Direct Plan, Growth option · Data as on 30-10-2026
Franklin India Multi-Factor Fund is a Thematic fund and Tata Dividend Yield Fund is a Dividend Yield fund. Franklin India Multi-Factor Fund charges 1.14% a year and Tata Dividend Yield Fund 0.81% (Direct plans). Their portfolios overlap 36.1%: they hold 33 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 Tata Dividend Yield? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Dividend Yield costs less: 0.81% a year against 1.14% (Direct plans).
- Tata Dividend Yield fell less in its worst fall since 28-11-2025: −12.4% against −13.8%.
- Franklin India Multi-Factor holds more in large companies: 71.7% of the fund in large caps against 50.6%.
- Tata Dividend Yield is the larger fund: ₹1,109 Cr against ₹581 Cr.
- Their portfolios overlap 36.1%: 33 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 | Tata Dividend Yield Fund |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | Tata Mutual Fund |
| Category | Thematic | Dividend Yield |
| AUM | ₹581 Cr (30-09-2026) | ₹1,109 Cr (30-09-2026) |
| NAV | ₹9.02 (Direct) | ₹20.24 (Direct) |
| Expense ratio (Direct) | 1.14% | 0.81% |
| Expense ratio (Regular) | 2.80% | 2.33% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty 500 TRI |
| Launch date | Not available | 20-05-2021 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Murthy Nagarajan, Sailesh Jain, Hasmukh Vishariya |
| Exit load | Not available | Exit load of 0.50%, if redeemed within 30 days. |
Franklin India Multi-Factor vs Tata Dividend Yield: 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% | -- | -- | -- | -- |
| Tata Dividend Yield Fund (Direct) | −3.10% | −5.37% | −1.90% | −0.20% | +12.98% | +12.43% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | −5.57% | +12.14% | +12.06% | -- |
Category average: the average of the 235 Thematic funds and the 12 Dividend Yield funds, same plan type.
Franklin India Multi-Factor vs Tata Dividend Yield: Year-wise Returns
| Year | Franklin India Multi-FactorFranklin India Multi-Factor | Tata Dividend YieldTata Dividend Yield |
|---|---|---|
| 2026to date | −10.63% | −1.14% |
| 2025 | -- | +10.38% |
| 2024 | -- | +13.67% |
| 2023 | -- | +38.09% |
| 2022 | -- | +2.86% |
Franklin India Multi-Factor vs Tata Dividend Yield: 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 Tata Dividend Yield: 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) | Tata Dividend Yield Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.62% | +13.79% |
| Standard deviation | 14.25% | 15.02% |
| Sharpe ratio | -1.11 | 0.55 |
| Sortino ratio | -1.45 | 0.73 |
| Maximum drawdown | −13.8% (31-03-2026) | −20.4% (28-02-2025) |
| Beta | 0.97 | 1.02 |
| Alpha | −1.09% | +2.56% |
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)
Tata Dividend Yield Fund (Direct)
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% |
| Tata Dividend Yield Fund (Direct) | −12.4% | 05-01-2026 | 23-03-2026 | 21-04-2026 | 29 days | −8.6% |
| 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 Tata Dividend Yield: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin India Multi-Factor Fund, September 2026; Tata Dividend Yield Fund, September 2026
Holdings in common
- Overlap
- 36.1%
- Held by both
- 33
- Only in Franklin India Multi-Factor
- 57
- Only in Tata Dividend Yield
- 45
| Security | % of Franklin India Multi-Factor | % of Tata Dividend Yield |
|---|---|---|
| ICICI Bank Ltd | 5.08% | 3.04% |
| HDFC Bank Ltd | 5.90% | 2.97% |
| Larsen & Toubro Ltd | 2.67% | 2.80% |
| State Bank of India | 2.71% | 2.05% |
| Bharti Airtel Ltd | 3.83% | 1.57% |
| Reliance Industries Ltd | 4.24% | 1.54% |
| Samvardhana Motherson International Ltd | 1.28% | 1.44% |
| NTPC Ltd | 1.24% | 1.54% |
| Bajaj Auto Ltd | 1.37% | 1.16% |
| Axis Bank Ltd | 1.46% | 1.14% |
| Tata Consultancy Services Ltd | 1.21% | 1.13% |
| Infosys Ltd | 2.32% | 1.07% |
| Adani Power Ltd | 1.02% | 1.58% |
| Bharat Electronics Ltd | 1.00% | 2.25% |
| Adani Energy Solutions Ltd | 0.97% | 1.09% |
| Life Insurance Corporation Of India | 1.11% | 0.93% |
| Nestle India Ltd | 1.34% | 0.89% |
| ITC Ltd | 2.30% | 0.84% |
| Indian Hotels Co Ltd | 0.83% | 1.09% |
| Great Eastern Shipping Co Ltd | 0.82% | 1.11% |
| Hindalco Industries Ltd | 0.79% | 1.48% |
| Shriram Finance Ltd | 0.78% | 1.74% |
| Bajaj Finance Ltd | 1.58% | 0.78% |
| Radico Khaitan Ltd | 0.78% | 3.14% |
| Coal India Ltd | 1.42% | 0.75% |
| Hindustan Aeronautics Ltd | 0.65% | 1.43% |
| Mahindra & Mahindra Ltd | 1.01% | 0.62% |
| Navin Fluorine International Ltd | 0.56% | 1.26% |
| Vedanta Aluminium Metal Ltd | 0.74% | 0.53% |
| Ultratech Cement Ltd | 0.52% | 0.73% |
| Polycab India Ltd | 0.51% | 1.38% |
| Sbi Funds Management Ltd | 0.38% | 1.31% |
| Ge Vernova T&D India Ltd | 0.25% | 1.31% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.1% means 36.1% 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 |
|---|---|
| Sun Pharmaceutical Industries Ltd | 1.97% |
| Titan Co Ltd | 1.92% |
| Hero MotoCorp Ltd | 1.33% |
| Divi's Laboratories Ltd | 1.33% |
| Apollo Hospitals Enterprise Ltd | 1.23% |
Largest holdings only in Tata Dividend Yield Fund
| Security | % of fund |
|---|---|
| PNB HOUSING FINANCE LTD | 2.66% |
| SYRMA SGS TECHNOLOGY LTD | 2.52% |
| MULTI COMMODITY EXCHANGE OF IND LTD | 2.40% |
| RUNWAL ENTERPRISES LTD | 2.25% |
| RBL BANK LTD | 2.20% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin India Multi-Factor | Tata Dividend Yield |
|---|---|---|
| Equity | 97.6% | 96.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.4% | 3.5% |
Market cap of stocks
| Market cap | Franklin India Multi-Factor | Tata Dividend Yield |
|---|---|---|
| Large Cap | 71.7% | 50.6% |
| Mid Cap | 18.2% | 19.1% |
| Small Cap | 7.4% | 20.4% |
| Not on AMFI's list | 0.4% | 6.5% |
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 | Tata Dividend Yield |
|---|---|---|
| Banks | 19.4% | 16.0% |
| Power | 3.2% | 8.5% |
| Capital Markets | 1.1% | 7.8% |
| Finance | 7.5% | 6.5% |
| Pharmaceuticals & Biotechnology | 6.4% | 0.0% |
| IT - Software | 5.9% | 3.4% |
| Telecom - Services | 5.1% | 1.6% |
| Petroleum Products | 5.0% | 1.5% |
| Electrical Equipment | 0.7% | 4.4% |
| Automobiles | 4.0% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
Franklin India Multi-Factor vs Tata Dividend Yield: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin India Multi-Factor Fund | Tata Dividend Yield Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.14% | 0.81% |
| Base expense ratio (Direct) | 0.62% | 0.59% |
| Total expense ratio (Regular) | 2.80% | 2.33% |
| Base expense ratio (Regular) | 2.07% | 1.90% |
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 Tata Dividend Yield Fund: Frequently Asked Questions
What is the difference between Franklin India Multi-Factor Fund and Tata Dividend Yield Fund?
Franklin India Multi-Factor Fund is a Thematic fund, Tata Dividend Yield Fund is a Dividend Yield fund, run by Franklin Templeton Mutual Fund and Tata Mutual Fund. Their portfolios overlap 36.1%. Franklin India Multi-Factor Fund charges 1.14% a year and Tata Dividend Yield Fund 0.81%.
Which has the lower expense ratio, Franklin India Multi-Factor Fund or Tata Dividend Yield Fund?
Tata Dividend Yield Fund charges less: 0.81% a year against 1.14%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Franklin India Multi-Factor Fund and Tata Dividend Yield Fund overlap?
36.1%. They hold 33 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 Multi-Factor Fund and Tata Dividend Yield Fund?
Yes. 36.1% 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.