Franklin India Opportunities Fund vs Sundaram Large and Midcap Fund
Direct Plan, Growth option · Data as on 29-10-2026
Franklin India Opportunities Fund is a Thematic fund and Sundaram Large and Midcap Fund is a Large & Mid Cap fund. In the 3 years to 30-10-2026, Franklin India Opportunities Fund (Direct) returned 19.5% a year and Sundaram Large and Midcap Fund (Direct) returned 12.9% a year. Franklin India Opportunities Fund charges 0.88% a year and Sundaram Large and Midcap Fund 1.30% (Direct plans). Their portfolios overlap 20.7%: they hold 11 of the same securities.
Franklin India Opportunities Fund
Thematic
- 3 year return
- 19.5%
- Expense ratio
- 0.88%
- NAV
- ₹279.87
Sundaram Large and Midcap Fund
Large & Mid Cap
- 3 year return
- 12.9%
- Expense ratio
- 1.30%
- NAV
- ₹96.86
Which is better, Franklin India Opportunities or Sundaram Large and Midcap? 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 5 years: 16.5% a year against 10.2%.
- Franklin India Opportunities returned more over 3 years: 19.5% a year against 12.9%.
- Franklin India Opportunities costs less: 0.88% a year against 1.30% (Direct plans).
- Franklin India Opportunities swung less over 3 years: a standard deviation of 15.0% a year against 15.1%.
- Sundaram Large and Midcap fell less in its worst fall since 08-01-2013: −38.0% against −39.3%.
- Franklin India Opportunities holds 4.0% of the fund in foreign stocks; Sundaram Large and Midcap 0.0%.
- Franklin India Opportunities is the larger fund: ₹9,577 Cr against ₹7,131 Cr.
- Their portfolios overlap 20.7%: 11 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 Opportunities Fund | Sundaram Large and Midcap Fund |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | Sundaram Mutual Fund |
| Category | Thematic | Large & Mid Cap |
| AUM | ₹9,577 Cr (30-09-2026) | ₹7,131 Cr (30-09-2026) |
| NAV | ₹279.87 (Direct) | ₹96.86 (Direct) |
| Expense ratio (Direct) | 0.88% | 1.30% |
| Expense ratio (Regular) | 2.08% | 2.31% |
| Riskometer | Not available | Very High |
| Benchmark | Nifty 500 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 21-02-2000 | 01-02-2007 |
| Minimum investment | 5000/1 | ₹100 |
| Lock in | None | None |
| Fund managers | Kiran Sebastian, Janakiraman Rengaraju, Sandeep Manam | Madanagopal Ramu, Shalav Saket |
| Exit load | Exit load of 1% if redeemed within 1 year | Nil - If up to 25% of the units invested are redeemed or withdrawn by way of SWP within 365 days from the date of allotment. Any redemptions or withdrawals by way of SWP in excess of the above mentioned limit would be subject to an exit load of 1 % of the applicable NAV will be charged, if the units are redeemed within 365 days from the date of allotment of units. For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil. Further, exit load will be waived on Intra-scheme and Inter scheme Switchouts/STP. Generally, the exit load will be calculated on First in First out (FIFO) basis |
Franklin India Opportunities vs Sundaram Large and Midcap: 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 Opportunities Fund (Direct) | −3.95% | −3.56% | +1.12% | −4.53% | +19.53% | +16.53% | +15.94% |
| Sundaram Large and Midcap Fund (Direct) | −4.75% | −6.50% | +2.25% | −3.04% | +12.88% | +10.18% | +13.91% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
Category average: the average of the 235 Thematic funds and the 36 Large & Mid Cap funds, same plan type.
Franklin India Opportunities vs Sundaram Large and Midcap: Year-wise Returns
| Year | Franklin India OpportunitiesFranklin India Opportunities | Sundaram Large and MidcapSundaram Large and Midcap |
|---|---|---|
| 2026to date | −2.61% | −2.87% |
| 2025 | +4.43% | +4.64% |
| 2024 | +39.17% | +22.39% |
| 2023 | +54.87% | +28.26% |
| 2022 | −1.20% | −0.17% |
| 2021 | +30.55% | +43.83% |
Franklin India Opportunities vs Sundaram Large and Midcap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Franklin India Opportunities Fund
Rolling returns
Every 3-year holding period, 2,663 of them, one for each trading day from 08-01-2016 to 29-10-2026: 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 Opportunities Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty 500 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 Opportunities | 3.7 | 4.7 | 12.5 | 17.5 | 13.5 | 16.6 | 31.4 | 18.6% | 19.3% | −8.5% | 37.9% | 67% |
| Sundaram Large and Midcap | 1.3 | 3.5 | 4.2 | 24.7 | 40.6 | 20.2 | 5.5 | 16.5% | 16.6% | −3.7% | 31.7% | 87% |
| Nifty 500 TRI | 1.9 | 4.3 | 7.8 | 36.9 | 34.8 | 11.3 | 2.9 | 14.7% | 14.9% | −6.3% | 33.5% | -- |
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 08-01-2013. Past returns do not promise future returns.
Franklin India Opportunities vs Sundaram Large and Midcap: 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 01-01-2013 to 29-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Franklin India OpportunitiesFranklin India Opportunities Fund (Direct) | ₹16,60,000 | ₹60,65,381 | ₹44,05,381 | 17.2% |
| Sundaram Large and MidcapSundaram Large and Midcap Fund (Direct) | ₹16,60,000 | ₹48,88,057 | ₹32,28,057 | 14.5% |
Franklin India OpportunitiesFranklin India Opportunities Fund (Direct)
Sundaram Large and MidcapSundaram Large and Midcap 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.
Franklin India Opportunities vs Sundaram Large and Midcap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Franklin India Opportunities Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.53% | −3.04% |
| Standard deviation | 15.49% | 16.87% |
| Sharpe ratio | -0.63 | -0.49 |
| Sortino ratio | -0.84 | -0.67 |
| Maximum drawdown | −15.3% (30-03-2026) | −13.9% (31-03-2026) |
| Beta | 1.01 | 1.07 |
| Alpha | +3.15% | +4.27% |
From daily NAVs, 29-10-2025 to 29-10-2026. 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 Opportunities Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +19.53% | +12.88% |
| Standard deviation | 15.02% | 15.14% |
| Sharpe ratio | 0.90 | 0.45 |
| Sortino ratio | 1.23 | 0.61 |
| Maximum drawdown | −18.1% (03-03-2025) | −18.9% (28-02-2025) |
| Beta | 0.98 | 0.98 |
| Alpha | +9.18% | +1.44% |
From daily NAVs, 27-10-2023 to 29-10-2026. 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 Opportunities Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.53% | +10.18% |
| Standard deviation | 15.25% | 14.86% |
| Sharpe ratio | 0.70 | 0.29 |
| Sortino ratio | 0.95 | 0.40 |
| Maximum drawdown | −24.3% (12-05-2022) | −20.3% (20-06-2022) |
| Beta | 0.98 | 0.97 |
| Alpha | +7.72% | −0.30% |
From daily NAVs, 29-10-2021 to 29-10-2026. 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 Opportunities Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.60% | +14.26% |
| Standard deviation | 15.99% | 15.35% |
| Sharpe ratio | 0.66 | 0.54 |
| Sortino ratio | 0.90 | 0.72 |
| Maximum drawdown | −39.3% (23-03-2020) | −38.0% (23-03-2020) |
| Beta | 0.96 | -- |
| Alpha | +4.01% | -- |
From daily NAVs, 01-01-2013 to 29-10-2026. 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 Opportunities Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Franklin India Opportunities Fund (Direct) | −39.3% | 23-01-2018 | 23-03-2020 | 05-11-2020 | 7 months | −6.9% |
| Sundaram Large and Midcap Fund (Direct) | −38.0% | 07-02-2020 | 23-03-2020 | 01-12-2020 | 8 months | −11.1% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 08-01-2013, 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 Opportunities Fund (Direct)
Sundaram Large and Midcap 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.
Franklin India Opportunities Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty 500 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 Opportunities Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Franklin India Opportunities Fund (Direct) | 109% | 93% | 5.63% |
| Sundaram Large and Midcap Fund (Direct) | 101% | 90% | 5.07% |
From month-end values since 08-01-2013. 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 Opportunities vs Sundaram Large and Midcap: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin India Opportunities Fund, September 2026; Sundaram Large and Midcap Fund, September 2026
Holdings in common
- Overlap
- 20.7%
- Held by both
- 11
- Only in Franklin India Opportunities
- 39
- Only in Sundaram Large and Midcap
- 26
| Security | % of Franklin India Opportunities | % of Sundaram Large and Midcap |
|---|---|---|
| Kirloskar Oil Engines Ltd | 3.10% | 2.84% |
| One 97 Communications Ltd | 2.80% | 3.73% |
| Shriram Finance Ltd | 2.72% | 3.73% |
| TVS Motor Co Ltd | 3.18% | 2.71% |
| Ujjivan Small Finance Bank Ltd | 2.36% | 3.20% |
| State Bank of India | 1.98% | 2.07% |
| IDFC First Bank Ltd | 1.47% | 2.39% |
| Lenskart Solutions Ltd | 1.06% | 4.67% |
| Affle 3i Ltd | 1.00% | 2.47% |
| Interglobe Aviation Ltd | 0.92% | 2.91% |
| PB Fintech Ltd | 0.88% | 1.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 20.7% means 20.7% 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 Opportunities Fund
| Security | % of fund |
|---|---|
| Hindustan Aeronautics Ltd | 6.74% |
| TBO Tek Ltd | 4.98% |
| Syrma SGS Technology Ltd | 4.45% |
| Mankind Pharma Ltd | 3.98% |
| APL Apollo Tubes Ltd | 3.80% |
Largest holdings only in Sundaram Large and Midcap Fund
| Security | % of fund |
|---|---|
| Radico Khaitan Ltd | 5.19% |
| Eternal Ltd (Previously Zomato Ltd) | 4.11% |
| MTAR Technologies Ltd | 3.84% |
| Kalyan Jewellers India Ltd | 3.41% |
| Five-Star Business Finance Ltd | 3.28% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin India Opportunities | Sundaram Large and Midcap |
|---|---|---|
| Equity | 94.8% | 96.7% |
| Debt | 0.7% | 0.0% |
| Cash and others | 4.5% | 3.3% |
Market cap of stocks
| Market cap | Franklin India Opportunities | Sundaram Large and Midcap |
|---|---|---|
| Large Cap | 30.1% | 36.1% |
| Mid Cap | 20.6% | 35.0% |
| Small Cap | 39.5% | 21.1% |
| Foreign stocks | 4.0% | 0.0% |
| Not on AMFI's list | 0.7% | 4.5% |
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 Opportunities | Sundaram Large and Midcap |
|---|---|---|
| Industrial Products | 14.9% | 7.2% |
| Retailing | 1.1% | 11.7% |
| Banks | 9.9% | 10.1% |
| Finance | 4.5% | 9.9% |
| Industrial Manufacturing | 9.6% | 0.0% |
| Electrical Equipment | 0.8% | 8.9% |
| Aerospace & Defense | 7.7% | 0.0% |
| Pharmaceuticals & Biotechnology | 7.5% | 0.0% |
| It - Software | 0.0% | 7.4% |
| Leisure Services | 6.0% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Franklin India Opportunities vs Sundaram Large and Midcap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin India Opportunities Fund | Sundaram Large and Midcap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.88% | 1.30% |
| Base expense ratio (Direct) | 0.47% | 0.68% |
| Total expense ratio (Regular) | 2.08% | 2.31% |
| Base expense ratio (Regular) | 1.51% | 1.55% |
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 Opportunities with
Compare Sundaram Large and Midcap with
Franklin India Opportunities Fund vs Sundaram Large and Midcap Fund: Frequently Asked Questions
What is the difference between Franklin India Opportunities Fund and Sundaram Large and Midcap Fund?
Franklin India Opportunities Fund is a Thematic fund, Sundaram Large and Midcap Fund is a Large & Mid Cap fund, run by Franklin Templeton Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 20.7%. Franklin India Opportunities Fund charges 0.88% a year and Sundaram Large and Midcap Fund 1.30%.
Which has given higher returns, Franklin India Opportunities Fund or Sundaram Large and Midcap Fund?
Over 1 year: Franklin India Opportunities Fund −4.53%, Sundaram Large and Midcap Fund −3.04%. Over 3 years: Franklin India Opportunities Fund +19.53% a year, Sundaram Large and Midcap Fund +12.88% a year. Over 5 years: Franklin India Opportunities Fund +16.53% a year, Sundaram Large and Midcap Fund +10.18% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Franklin India Opportunities Fund or Sundaram Large and Midcap Fund?
Franklin India Opportunities Fund charges less: 0.88% a year against 1.30%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Franklin India Opportunities Fund and Sundaram Large and Midcap Fund overlap?
20.7%. They hold 11 of the same securities, the largest shared ones being KIRLOSENG, PAYTM, SHRIRAMFIN. From each fund's latest monthly portfolio.
Which is better for SIP, Franklin India Opportunities Fund or Sundaram Large and Midcap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 29-10-2026 grew to ₹9,32,985 in Franklin India Opportunities Fund (XIRR 16.8% a year) and ₹7,84,222 in Sundaram Large and Midcap Fund (XIRR 9.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Franklin India Opportunities Fund and Sundaram Large and Midcap Fund?
Yes. 20.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Franklin India Opportunities Fund and Sundaram Large and Midcap Fund?
Franklin India Opportunities Fund: Kiran Sebastian, Janakiraman Rengaraju, Sandeep Manam. Sundaram Large and Midcap Fund: Madanagopal Ramu, Shalav Saket.
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.