Franklin U. S. Opportunities Equity Active Fund of Funds vs Kotak US Specific Equity Passive FOF
Direct Plan, Growth option · Data as on 29-10-2026
Franklin U. S. Opportunities Equity Active Fund of Funds is a Fund of Funds fund and Kotak US Specific Equity Passive FOF is a Fund of Funds fund. In the 3 years to 29-10-2026, Franklin U. S. Opportunities Equity Active Fund of Funds (Direct) returned 24.9% a year and Kotak US Specific Equity Passive FOF (Direct) returned 33.1% a year. Franklin U. S. Opportunities Equity Active Fund of Funds charges 0.53% a year and Kotak US Specific Equity Passive FOF 0.34% (Direct plans). Their portfolios overlap 0.0%: they hold 0 of the same securities.
Franklin U. S. Opportunities Equity Active Fund of Funds
Fund of Funds
- 3 year return
- 24.9%
- Expense ratio
- 0.53%
- NAV
- ₹102.43
Kotak US Specific Equity Passive FOF
Fund of Funds
- 3 year return
- 33.1%
- Expense ratio
- 0.34%
- NAV
- ₹28.45
Which is better, Franklin U. S. Opportunities Equity Active Fund of Funds or Kotak US Specific Equity Passive FOF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak US Specific Equity Passive FOF returned more over 5 years: 19.1% a year against 8.9%.
- Kotak US Specific Equity Passive FOF returned more over 3 years: 33.1% a year against 24.9%.
- Kotak US Specific Equity Passive FOF costs less: 0.34% a year against 0.53% (Direct plans).
- Kotak US Specific Equity Passive FOF swung less over 3 years: a standard deviation of 18.6% a year against 20.0%.
- Kotak US Specific Equity Passive FOF fell less in its worst fall since 09-02-2021: −29.1% against −38.4%.
- Kotak US Specific Equity Passive FOF holds 100.0% of the fund in foreign stocks; Franklin U. S. Opportunities Equity Active Fund of Funds 95.8%.
- Franklin U. S. Opportunities Equity Active Fund of Funds is the larger fund: ₹6,185 Cr against ₹4,689 Cr.
- Their portfolios overlap 0.0%: 0 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 U. S. Opportunities Equity Active Fund of Funds | Kotak US Specific Equity Passive FOF |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Fund of Funds | Fund of Funds |
| AUM | ₹6,185 Cr (30-09-2026) | ₹4,689 Cr (30-09-2026) |
| NAV | ₹102.43 (Direct) | ₹28.45 (Direct) |
| Expense ratio (Direct) | 0.53% | 0.34% |
| Expense ratio (Regular) | 1.46% | 0.72% |
| Riskometer | Not available | Very High |
| Benchmark | Russell 3000 Growth Index | NASDAQ 100 TRI |
| Launch date | 06-02-2012 | 02-02-2021 |
| Minimum investment | 5000/1 | ₹100 |
| Lock in | None | None |
| Fund managers | Sandeep Manam | Abhishek Bisen, Arjun Khanna |
| Exit load | 1% if units are redeemed/switched out within one year from the date of allotment | Nil |
Franklin U. S. Opportunities Equity Active Fund of Funds vs Kotak US Specific Equity Passive FOF: 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 U. S. Opportunities Equity Active Fund of Funds (Direct) | −4.56% | +4.61% | +3.85% | +8.56% | +24.93% | +8.88% | +17.16% |
| Kotak US Specific Equity Passive FOF (Direct) | −3.76% | +6.74% | +8.84% | +21.59% | +33.09% | +19.05% | -- |
Franklin U. S. Opportunities Equity Active Fund of Funds vs Kotak US Specific Equity Passive FOF: Year-wise Returns
| Year | Franklin U. S. Opportunities Equity Active Fund of FundsFranklin U. S. Opportunities Equity Active Fund of Funds | Kotak US Specific Equity Passive FOFKotak US Specific Equity Passive FOF |
|---|---|---|
| 2026to date | +12.00% | +22.55% |
| 2025 | +12.40% | +26.11% |
| 2024 | +28.36% | +28.69% |
| 2023 | +39.26% | +58.36% |
| 2022 | −29.62% | −26.54% |
| 2021 | +19.10% | -- |
Franklin U. S. Opportunities Equity Active Fund of Funds vs Kotak US Specific Equity Passive FOF: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 649 of them, one for each trading day from 09-02-2024 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 U. S. Opportunities Equity Active Fund of Funds (Direct)
Kotak US Specific Equity Passive FOF (Direct)
to
Apr 2024Oct 2021
to
Oct 2024Apr 2022
to
Apr 2025Sept 2022
to
Sept 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Franklin U. S. Opportunities Equity Active Fund of Funds | 0.0 | 3.1 | 28.2 | 10.3 | 8.5 | 35.0 | 14.9 | 16.8% | 20.0% | 2.5% | 28.3% |
| Kotak US Specific Equity Passive FOF | 0.0 | 0.0 | 0.0 | 19.6 | 20.4 | 6.7 | 53.3 | 24.4% | 26.5% | 10.2% | 37.4% |
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. Every fund is measured over the days all of them have, from 09-02-2021. Past returns do not promise future returns.
Franklin U. S. Opportunities Equity Active Fund of Funds vs Kotak US Specific Equity Passive FOF: 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 01-02-2021 to 29-10-2026: 69 instalments, ₹6,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Franklin U. S. Opportunities Equity Active Fund of FundsFranklin U. S. Opportunities Equity Active Fund of Funds (Direct) | ₹6,90,000 | ₹10,82,155 | ₹3,92,155 | 15.6% |
| Kotak US Specific Equity Passive FOFKotak US Specific Equity Passive FOF (Direct) | ₹6,90,000 | ₹14,20,317 | ₹7,30,317 | 25.2% |
Franklin U. S. Opportunities Equity Active Fund of FundsFranklin U. S. Opportunities Equity Active Fund of Funds (Direct)
Kotak US Specific Equity Passive FOFKotak US Specific Equity Passive FOF (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 U. S. Opportunities Equity Active Fund of Funds vs Kotak US Specific Equity Passive FOF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Franklin U. S. Opportunities Equity Active Fund of Funds (Direct) | Kotak US Specific Equity Passive FOF (Direct) |
|---|---|---|
| Return (CAGR) | +8.56% | +21.59% |
| Standard deviation | 19.51% | 19.20% |
| Sharpe ratio | 0.17 | 0.85 |
| Sortino ratio | 0.24 | 1.27 |
| Maximum drawdown | −10.1% (23-10-2026) | −10.4% (29-07-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 U. S. Opportunities Equity Active Fund of Funds (Direct) | Kotak US Specific Equity Passive FOF (Direct) |
|---|---|---|
| Return (CAGR) | +24.93% | +33.09% |
| Standard deviation | 20.01% | 18.64% |
| Sharpe ratio | 0.94 | 1.45 |
| Sortino ratio | 1.37 | 2.12 |
| Maximum drawdown | −24.1% (04-04-2025) | −23.4% (07-04-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 U. S. Opportunities Equity Active Fund of Funds (Direct) | Kotak US Specific Equity Passive FOF (Direct) |
|---|---|---|
| Return (CAGR) | +8.88% | +19.05% |
| Standard deviation | 22.93% | 20.84% |
| Sharpe ratio | 0.13 | 0.64 |
| Sortino ratio | 0.19 | 0.91 |
| Maximum drawdown | −38.4% (16-06-2022) | −29.1% (16-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 U. S. Opportunities Equity Active Fund of Funds (Direct) | Kotak US Specific Equity Passive FOF (Direct) |
|---|---|---|
| Return (CAGR) | +17.13% | +20.05% |
| Standard deviation | 20.52% | 20.36% |
| Sharpe ratio | 0.54 | 0.72 |
| Sortino ratio | 0.76 | 1.03 |
| Maximum drawdown | −38.4% (16-06-2022) | −29.1% (16-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 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 U. S. Opportunities Equity Active Fund of Funds (Direct)
Kotak US Specific Equity Passive FOF (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Franklin U. S. Opportunities Equity Active Fund of Funds (Direct) | −38.4% | 16-11-2021 | 16-06-2022 | 09-02-2024 | 20 months | −8.1% |
| Kotak US Specific Equity Passive FOF (Direct) | −29.1% | 22-11-2021 | 16-06-2022 | 14-06-2023 | 12 months | −7.3% |
From daily values since 09-02-2021, 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 U. S. Opportunities Equity Active Fund of Funds (Direct)
Kotak US Specific Equity Passive FOF (Direct)
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 U. S. Opportunities Equity Active Fund of Funds (Direct)
Kotak US Specific Equity Passive FOF (Direct)
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 U. S. Opportunities Equity Active Fund of Funds (Direct)
Kotak US Specific Equity Passive FOF (Direct)
Franklin U. S. Opportunities Equity Active Fund of Funds vs Kotak US Specific Equity Passive FOF: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin U. S. Opportunities Equity Active Fund of Funds, September 2026; Kotak US Specific Equity Passive FOF, September 2026
Holdings in common
- Overlap
- 0.0%
- Held by both
- 0
- Only in Franklin U. S. Opportunities Equity Active Fund of Funds
- 0
- Only in Kotak US Specific Equity Passive FOF
- 0
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.0% means 0.0% 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 U. S. Opportunities Equity Active Fund of Funds
Every holding of this fund is also held by the other.
Largest holdings only in Kotak US Specific Equity Passive FOF
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin U. S. Opportunities Equity Active Fund of Funds | Kotak US Specific Equity Passive FOF |
|---|---|---|
| Equity | 95.8% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.2% | 0.0% |
Market cap of stocks
| Market cap | Franklin U. S. Opportunities Equity Active Fund of Funds | Kotak US Specific Equity Passive FOF |
|---|---|---|
| Large Cap | 0.0% | 0.0% |
| Mid Cap | 0.0% | 0.0% |
| Small Cap | 0.0% | 0.0% |
| Foreign stocks | 95.8% | 100.0% |
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 U. S. Opportunities Equity Active Fund of Funds | Kotak US Specific Equity Passive FOF |
|---|---|---|
| Overseas Mutual Fund | 0.0% | 100.0% |
| Other | 95.8% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Franklin U. S. Opportunities Equity Active Fund of Funds vs Kotak US Specific Equity Passive FOF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin U. S. Opportunities Equity Active Fund of Funds | Kotak US Specific Equity Passive FOF |
|---|---|---|
| Total expense ratio (Direct) | 0.53% | 0.34% |
| Base expense ratio (Direct) | 0.45% | 0.29% |
| Total expense ratio (Regular) | 1.46% | 0.72% |
| Base expense ratio (Regular) | 1.25% | 0.60% |
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.
Franklin U. S. Opportunities Equity Active Fund of Funds vs Kotak US Specific Equity Passive FOF: Frequently Asked Questions
What is the difference between Franklin U. S. Opportunities Equity Active Fund of Funds and Kotak US Specific Equity Passive FOF?
Franklin U. S. Opportunities Equity Active Fund of Funds is a Fund of Funds fund, Kotak US Specific Equity Passive FOF is a Fund of Funds fund, run by Franklin Templeton Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 0.0%. Franklin U. S. Opportunities Equity Active Fund of Funds charges 0.53% a year and Kotak US Specific Equity Passive FOF 0.34%.
Which has given higher returns, Franklin U. S. Opportunities Equity Active Fund of Funds or Kotak US Specific Equity Passive FOF?
Over 1 year: Franklin U. S. Opportunities Equity Active Fund of Funds +8.56%, Kotak US Specific Equity Passive FOF +21.59%. Over 3 years: Franklin U. S. Opportunities Equity Active Fund of Funds +24.93% a year, Kotak US Specific Equity Passive FOF +33.09% a year. Over 5 years: Franklin U. S. Opportunities Equity Active Fund of Funds +8.88% a year, Kotak US Specific Equity Passive FOF +19.05% a year. As on 29-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Franklin U. S. Opportunities Equity Active Fund of Funds or Kotak US Specific Equity Passive FOF?
Kotak US Specific Equity Passive FOF charges less: 0.34% a year against 0.53%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Franklin U. S. Opportunities Equity Active Fund of Funds and Kotak US Specific Equity Passive FOF overlap?
0.0%. They hold 0 of the same securities. From each fund's latest monthly portfolio.
Which is better for SIP, Franklin U. S. Opportunities Equity Active Fund of Funds or Kotak US Specific Equity Passive FOF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 29-10-2026 grew to ₹9,41,432 in Franklin U. S. Opportunities Equity Active Fund of Funds (XIRR 17.1% a year) and ₹12,02,658 in Kotak US Specific Equity Passive FOF (XIRR 27.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Franklin U. S. Opportunities Equity Active Fund of Funds and Kotak US Specific Equity Passive FOF?
Yes. 0.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Franklin U. S. Opportunities Equity Active Fund of Funds and Kotak US Specific Equity Passive FOF?
Franklin U. S. Opportunities Equity Active Fund of Funds: Sandeep Manam. Kotak US Specific Equity Passive FOF: Abhishek Bisen, Arjun Khanna.
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.