Franklin India Opportunities Fund vs Sundaram Services Fund
Direct Plan, Growth option · Data as on 29-10-2026
Franklin India Opportunities Fund is a Thematic fund and Sundaram Services Fund is a Thematic fund. In the 3 years to 29-10-2026, Franklin India Opportunities Fund (Direct) returned 19.5% a year and Sundaram Services Fund (Direct) returned 13.4% a year. Franklin India Opportunities Fund charges 0.88% a year and Sundaram Services Fund 0.86% (Direct plans). Their portfolios overlap 20.7%: they hold 13 of the same securities.
Franklin India Opportunities Fund
Thematic
- 3 year return
- 19.5%
- Expense ratio
- 0.88%
- NAV
- ₹279.87
Sundaram Services Fund
Thematic
- 3 year return
- 13.4%
- Expense ratio
- 0.86%
- NAV
- ₹37.95
Which is better, Franklin India Opportunities or Sundaram Services? 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 11.6%.
- Franklin India Opportunities returned more over 3 years: 19.5% a year against 13.4%.
- Sundaram Services costs less: 0.86% a year against 0.88% (Direct plans).
- Sundaram Services swung less over 3 years: a standard deviation of 14.1% a year against 15.0%.
- Franklin India Opportunities fell less in its worst fall since 25-09-2018: −37.7% against −39.6%.
- Franklin India Opportunities holds 4.0% of the fund in foreign stocks; Sundaram Services 0.7%.
- Sundaram Services holds more in large companies: 51.1% of the fund in large caps against 30.1%.
- Franklin India Opportunities is the larger fund: ₹9,577 Cr against ₹4,999 Cr.
- Their portfolios overlap 20.7%: 13 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 Services Fund |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | Sundaram Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹9,577 Cr (30-09-2026) | ₹4,999 Cr (30-09-2026) |
| NAV | ₹279.87 (Direct) | ₹37.95 (Direct) |
| Expense ratio (Direct) | 0.88% | 0.86% |
| Expense ratio (Regular) | 2.08% | 1.95% |
| Riskometer | Not available | Very High |
| Benchmark | Nifty 500 TRI | Nifty Services Sector TRI |
| Launch date | 21-02-2000 | 21-09-2018 |
| Minimum investment | 5000/1 | ₹100 |
| Lock in | None | None |
| Fund managers | Kiran Sebastian, Janakiraman Rengaraju, Sandeep Manam | Rohit Seksaria, 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 Services: Returns Comparison
Returns as on 29-10-2026. 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 Services Fund (Direct) | −1.53% | −5.13% | +3.05% | −4.35% | +13.38% | +11.59% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Franklin India Opportunities vs Sundaram Services: Year-wise Returns
| Year | Franklin India OpportunitiesFranklin India Opportunities | Sundaram ServicesSundaram Services |
|---|---|---|
| 2026to date | −2.61% | −3.58% |
| 2025 | +4.43% | +11.88% |
| 2024 | +39.17% | +19.27% |
| 2023 | +54.87% | +29.56% |
| 2022 | −1.20% | +4.65% |
| 2021 | +30.55% | +46.78% |
Franklin India Opportunities vs Sundaram Services: 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, 1,255 of them, one for each trading day from 27-09-2021 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 Services Fund (Direct)
Nifty 500 TRI
to
Feb 2022Jan 2020
to
Jan 2023Nov 2020
to
Nov 2023Sept 2021
to
Sept 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 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 Opportunities | 0.0 | 0.0 | 0.0 | 5.6 | 13.5 | 20.6 | 60.4 | 25.7% | 26.7% | 10.2% | 37.9% | 90% |
| Sundaram Services | 0.0 | 0.0 | 0.0 | 4.7 | 34.2 | 31.1 | 30.0 | 22.4% | 21.6% | 11.8% | 37.4% | 100% |
| Nifty 500 TRI | 0.0 | 0.0 | 1.6 | 18.6 | 52.6 | 21.1 | 6.1 | 18.1% | 18.0% | 8.8% | 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 25-09-2018. Past returns do not promise future returns.
Franklin India Opportunities vs Sundaram Services: 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 03-09-2018 to 29-10-2026: 98 instalments, ₹9,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Franklin India OpportunitiesFranklin India Opportunities Fund (Direct) | ₹9,80,000 | ₹22,36,644 | ₹12,56,644 | 19.6% |
| Sundaram ServicesSundaram Services Fund (Direct) | ₹9,80,000 | ₹19,75,203 | ₹9,95,203 | 16.7% |
Franklin India OpportunitiesFranklin India Opportunities Fund (Direct)
Sundaram ServicesSundaram Services 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 Services: 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 Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.53% | −4.35% |
| Standard deviation | 15.49% | 15.57% |
| Sharpe ratio | -0.63 | -0.62 |
| Sortino ratio | -0.84 | -0.85 |
| Maximum drawdown | −15.3% (30-03-2026) | −17.2% (31-03-2026) |
| Beta | 1.01 | 0.95 |
| Alpha | +3.15% | +3.60% |
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 Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +19.53% | +13.38% |
| Standard deviation | 15.02% | 14.09% |
| Sharpe ratio | 0.90 | 0.52 |
| Sortino ratio | 1.23 | 0.72 |
| Maximum drawdown | −18.1% (03-03-2025) | −17.2% (31-03-2026) |
| Beta | 0.98 | 0.89 |
| Alpha | +9.18% | +4.47% |
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 Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.53% | +11.59% |
| Standard deviation | 15.25% | 14.00% |
| Sharpe ratio | 0.70 | 0.41 |
| Sortino ratio | 0.95 | 0.56 |
| Maximum drawdown | −24.3% (12-05-2022) | −17.4% (20-06-2022) |
| Beta | 0.98 | 0.85 |
| Alpha | +7.72% | +5.99% |
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 Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.60% | +17.89% |
| Standard deviation | 15.99% | 16.10% |
| Sharpe ratio | 0.66 | 0.78 |
| Sortino ratio | 0.90 | 1.05 |
| Maximum drawdown | −39.3% (23-03-2020) | −39.6% (23-03-2020) |
| Beta | 0.96 | 0.78 |
| Alpha | +4.01% | +8.33% |
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 Services 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) | −37.7% | 03-06-2019 | 23-03-2020 | 21-10-2020 | 7 months | −6.9% |
| Sundaram Services Fund (Direct) | −39.6% | 19-02-2020 | 23-03-2020 | 04-12-2020 | 8 months | −7.6% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 25-09-2018, 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 Opportunities Fund (Direct)
Sundaram Services 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 Services 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 Services Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Franklin India Opportunities Fund (Direct) | 111% | 89% | 6.44% |
| Sundaram Services Fund (Direct) | 106% | 80% | 5.80% |
From month-end values since 25-09-2018. 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 Opportunities vs Sundaram Services: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin India Opportunities Fund, September 2026; Sundaram Services Fund, September 2026
Holdings in common
- Overlap
- 20.7%
- Held by both
- 13
- Only in Franklin India Opportunities
- 37
- Only in Sundaram Services
- 42
| Security | % of Franklin India Opportunities | % of Sundaram Services |
|---|---|---|
| One 97 Communications Ltd | 2.80% | 2.68% |
| Reliance Industries Ltd | 2.67% | 3.84% |
| Shriram Finance Ltd | 2.72% | 2.53% |
| Aster DM Quality Care Ltd | 2.57% | 2.26% |
| Axis Bank Ltd | 2.09% | 4.58% |
| HDFC Bank Ltd | 1.99% | 2.40% |
| Aavas Financiers Ltd | 1.04% | 1.64% |
| Ujjivan Small Finance Bank Ltd | 2.36% | 1.02% |
| Affle 3i Ltd | 1.00% | 2.13% |
| Metropolis Healthcare Ltd | 2.29% | 1.00% |
| Interglobe Aviation Ltd | 0.92% | 4.17% |
| PB Fintech Ltd | 0.88% | 1.01% |
| Manipal Health Enterprises Ltd | 0.71% | 0.59% |
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 Services Fund
| Security | % of fund |
|---|---|
| Eternal Ltd (Previously Zomato Ltd) | 6.10% |
| Bharti Airtel Ltd | 5.06% |
| Adani Ports and Special Economic Zone Ltd | 3.92% |
| Rate Gain Travel Technologies Ltd | 2.90% |
| ICICI Bank Ltd | 2.85% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin India Opportunities | Sundaram Services |
|---|---|---|
| Equity | 94.8% | 96.4% |
| Debt | 0.7% | 1.0% |
| Cash and others | 4.5% | 2.7% |
Market cap of stocks
| Market cap | Franklin India Opportunities | Sundaram Services |
|---|---|---|
| Large Cap | 30.1% | 51.1% |
| Mid Cap | 20.6% | 14.0% |
| Small Cap | 39.5% | 30.0% |
| Foreign stocks | 4.0% | 0.7% |
| Not on AMFI's list | 0.7% | 0.6% |
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 Services |
|---|---|---|
| Banks | 9.9% | 17.0% |
| Industrial Products | 14.9% | 0.0% |
| Finance | 4.5% | 13.9% |
| Industrial Manufacturing | 9.6% | 0.0% |
| Retailing | 1.1% | 8.7% |
| Telecom - Services | 1.2% | 8.0% |
| Aerospace & Defense | 7.7% | 0.0% |
| Healthcare Services | 5.6% | 7.7% |
| Pharmaceuticals & Biotechnology | 7.5% | 0.0% |
| Leisure Services | 6.0% | 3.5% |
| It - Software | 0.0% | 5.4% |
The six largest sectors of each fund's stocks, % of the fund.
Franklin India Opportunities vs Sundaram Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin India Opportunities Fund | Sundaram Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.88% | 0.86% |
| Base expense ratio (Direct) | 0.47% | 0.65% |
| Total expense ratio (Regular) | 2.08% | 1.95% |
| Base expense ratio (Regular) | 1.51% | 1.61% |
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
Franklin India Opportunities Fund vs Sundaram Services Fund: Frequently Asked Questions
What is the difference between Franklin India Opportunities Fund and Sundaram Services Fund?
Franklin India Opportunities Fund is a Thematic fund, Sundaram Services Fund is a Thematic 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 Services Fund 0.86%.
Which has given higher returns, Franklin India Opportunities Fund or Sundaram Services Fund?
Over 1 year: Franklin India Opportunities Fund −4.53%, Sundaram Services Fund −4.35%. Over 3 years: Franklin India Opportunities Fund +19.53% a year, Sundaram Services Fund +13.38% a year. Over 5 years: Franklin India Opportunities Fund +16.53% a year, Sundaram Services Fund +11.59% a year. As on 29-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Franklin India Opportunities Fund or Sundaram Services Fund?
Sundaram Services Fund charges less: 0.86% a year against 0.88%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Franklin India Opportunities Fund and Sundaram Services Fund overlap?
20.7%. They hold 13 of the same securities, the largest shared ones being PAYTM, RELIANCE, SHRIRAMFIN. From each fund's latest monthly portfolio.
Which is better for SIP, Franklin India Opportunities Fund or Sundaram Services 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 ₹8,17,433 in Sundaram Services Fund (XIRR 11.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Franklin India Opportunities Fund and Sundaram Services 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 Services Fund?
Franklin India Opportunities Fund: Kiran Sebastian, Janakiraman Rengaraju, Sandeep Manam. Sundaram Services Fund: Rohit Seksaria, 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.