Franklin Build India Fund is a Thematic fund run by Franklin Templeton Mutual Fund. On 30-09-2026, it managed ₹3,024 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 14.5% a year and its Regular plan returned 13.4% a year. Its benchmark, BSE India Infrastructure Index TRI, returned 14.6% a year over the same 3 years.
NAV (Direct plan)
₹154.38
▼ 0.28% · 30-10-2026
NAV (Regular plan)
₹132.56
▼ 0.29% · 30-10-2026
Expense ratio
1.15%Direct2.14%Regular
1.15%
A year
Riskometer
Not available
Set by the fund house
3 year return
14.5%Direct13.4%Regular
14.5%
A year
Franklin Build India Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹154.38 (down 0.28% that day); Regular Plan Growth ₹132.56 (down 0.29% that day).
This fund (Direct plan)
₹154.384
Franklin Build India Fund Returns vs BSE India Infrastructure Index TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−2.74%
−7.34%
−9.62%
−8.90%
+14.52%
+16.46%
+16.06%
This fund (Regular)
−2.82%
−7.57%
−10.06%
−9.79%
+13.37%
+15.28%
+14.79%
BSE India Infrastructure Index TRI
−2.56%
−8.31%
−13.29%
−11.05%
+14.63%
+17.10%
+13.28%
Thematic average
−2.09%
−4.52%
+0.86%
−1.22%
+13.76%
+11.62%
+13.76%
Best in Thematic
+11.54%
+11.27%
+22.16%
+75.71%
+54.78%
+21.14%
+19.31%
Worst in Thematic
−16.05%
−11.74%
−13.97%
−22.44%
−4.46%
+3.65%
+7.72%
Rank in Thematic
139/235
186/232
220/232
175/215
53/133
20/96
15/63
Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.
Franklin Build India Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
BSE India Infrastructure Index TRI
2026to date
−6.76%
−7.52%
−7.07%
2025
+4.76%
+3.69%
−2.32%
2024
+29.15%
+27.81%
+30.02%
2023
+52.74%
+51.11%
+61.08%
2022
+12.37%
+11.25%
+15.07%
2021
+47.37%
+45.90%
+51.72%
Franklin Build India Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,667 periods, one for each trading day from 01-01-2016 to 30-10-2026.
−20%0%20%40%60%
Franklin Build India Fund (Direct)
BSE India Infrastructure Index TRI
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
Franklin Build India Fund (Direct)BSE India Infrastructure Index TRI
7%
12%
Below 0%
2%
6%
0-5%
7%
14%
5-10%
16%
20%
10-15%
14%
11%
15-20%
13%
7%
20-25%
42%
31%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,155
14.5%
−38.4%
122.5%
17%
10.4%
64%
2 years
2,913
21.4%
−18.1%
63.6%
9%
15.6%
64%
3 years
2,667
21.4%
−9.0%
43.1%
7%
14.5%
68%
5 years
2,174
18.9%
−1.3%
40.1%
0%
11.2%
71%
7 years
1,685
18.3%
11.4%
23.7%
0%
13.0%
100%
10 years
941
19.5%
15.7%
25.7%
0%
15.8%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
16.8%
−56.1%
115.5%
20%
12.4%
70%
2 years
142
18.5%
−32.8%
75.0%
11%
16.3%
61%
3 years
130
22.7%
−23.0%
48.7%
7%
17.8%
70%
5 years
106
19.7%
−9.1%
41.7%
6%
16.8%
74%
7 years
82
18.5%
1.8%
31.6%
0%
15.4%
66%
10 years
46
21.2%
17.1%
25.2%
0%
19.9%
91%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE India Infrastructure Index TRI over the same days. Past returns do not promise future returns.
Franklin Build India Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Franklin Build India Fund (Direct)This fund
BSE India Infrastructure Index TRI
Return (CAGR)
−8.90%
−11.05%
Standard deviation
14.90%
17.62%
Sharpe ratio
-0.95
-0.92
Sortino ratio
-1.28
-1.23
Maximum drawdown
−13.8%
(23-10-2026)
−17.9%
(23-10-2026)
Beta
0.81
1.00
Alpha
−1.02%
0.00%
From daily NAVs, 30-10-2025 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Franklin Build India Fund (Direct)This fund
BSE India Infrastructure Index TRI
Return (CAGR)
+14.52%
+14.63%
Standard deviation
16.53%
23.03%
Sharpe ratio
0.51
0.37
Sortino ratio
0.69
0.50
Maximum drawdown
−20.3%
(28-02-2025)
−31.7%
(28-02-2025)
Beta
0.67
1.00
Alpha
+2.74%
0.00%
From daily NAVs, 30-10-2023 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Franklin Build India Fund (Direct)This fund
BSE India Infrastructure Index TRI
Return (CAGR)
+16.46%
+17.10%
Standard deviation
15.84%
21.52%
Sharpe ratio
0.67
0.52
Sortino ratio
0.90
0.70
Maximum drawdown
−20.3%
(28-02-2025)
−31.7%
(28-02-2025)
Beta
0.67
1.00
Alpha
+3.12%
0.00%
From daily NAVs, 29-10-2021 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Franklin Build India Fund (Direct)This fund
BSE India Infrastructure Index TRI
Return (CAGR)
+16.06%
+13.28%
Standard deviation
17.78%
21.30%
Sharpe ratio
0.60
0.37
Sortino ratio
0.81
0.50
Maximum drawdown
−42.8%
(24-03-2020)
−55.9%
(23-03-2020)
Beta
0.74
1.00
Alpha
+4.85%
0.00%
From daily NAVs, 28-10-2016 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Franklin Build India Fund (Direct)This fund
BSE India Infrastructure Index TRI
Return (CAGR)
+19.21%
+13.48%
Standard deviation
17.19%
21.30%
Sharpe ratio
0.77
0.35
Sortino ratio
1.05
0.47
Maximum drawdown
−42.8%
(24-03-2020)
−55.9%
(23-03-2020)
Beta
0.70
1.00
Alpha
+7.96%
0.00%
From daily NAVs, 01-01-2013 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−60%−50%−40%−30%−20%−10%0%
Franklin Build India Fund (Direct)
BSE India Infrastructure Index TRI
2014201620182020202220242026
Franklin Build India Fund (Direct)BSE India Infrastructure Index TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Franklin Build India Fund (Direct)
−42.8%
03-06-2019
24-03-2020
01-01-2021
9 months
−11.4%
BSE India Infrastructure Index TRI
−55.9%
08-01-2018
23-03-2020
04-03-2021
11 months
−25.7%
From the Direct plan's daily NAV since 01-01-2013, adjusted for unit splits, and BSE India Infrastructure Index TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Franklin Build India Fund vs Other Thematic Funds
The five Thematic funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Franklin Build India Fund Expense Ratio and Costs
What each plan charges a year, in force from 23-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Thematic median
Cost rank (1 = cheapest)
Direct
0.82%
0.05%
0.00%
0.28%
1.15%
1.18%
109/235
Regular
1.68%
0.05%
0.00%
0.41%
2.14%
2.41%
53/235
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−9.79%
−8.90%
0.89%
₹90,210
₹91,100
3 years
13.37%
14.52%
1.15% a year
₹1,45,712
₹1,50,191
5 years
15.28%
16.46%
1.18% a year
₹2,03,596
₹2,14,232
10 years
14.79%
16.06%
1.27% a year
₹3,97,229
₹4,43,431
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Franklin Build India Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 01-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Direct planFranklin Build India Fund (Direct)Regular planFranklin Build India Fund (Regular)BSE India Infrastructure Index TRICategory averageCategory average, 235 Thematic fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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 Build India Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
94.3%Equity
Asset
Fund
Category
Equity
94.3%
94.5%
Cash and others
5.7%
4.0%
Market cap of stocks
Market cap
Fund
Category
Large Cap
57.7%
45.7%
Mid Cap
14.5%
19.6%
Small Cap
19.0%
24.1%
Not on AMFI's list
3.1%
2.3%
Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Franklin Build India Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Power14.4%
Construction13.4%
Transport Services11.4%
Industrial Products10.2%
Banks6.2%
Aerospace & Defense5.1%
Transport Infrastructure4.6%
Petroleum Products4.5%
Telecom - Services4.1%
Consumer Durables2.8%
The ten largest of 21 sectors. The other 11 add up to 17.6%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Power
15.5%
14.1%
14.4%
−1.0%
Construction
13.0%
13.8%
13.4%
+0.4%
Transport Services
11.6%
11.5%
11.4%
−0.2%
Industrial Products
9.3%
9.8%
10.2%
+0.9%
Banks
7.9%
8.0%
6.2%
−1.7%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Franklin Build India Fund Portfolio Holdings
As on 30-09-2026 · 43 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
Larsen & Toubro Ltd
Construction
9.02%
0.0%
Interglobe Aviation Ltd
Transport Services
7.01%
0.0%
Adani Ports and Special Economic Zone Ltd
Transport Infrastructure
4.61%
New
NTPC Ltd
Power
4.48%
0.0%
Bharti Airtel Ltd
Telecom - Services
4.13%
0.0%
Tata Power Co Ltd
Power
3.68%
0.0%
Reliance Industries Ltd
Petroleum Products
3.14%
−31.9%
Hindustan Aeronautics Ltd
Aerospace & Defense
3.12%
0.0%
HDFC Bank Ltd
Banks
3.11%
−23.2%
Axis Bank Ltd
Banks
3.04%
−25.0%
Power Grid Corporation of India Ltd
Power
2.89%
0.0%
Delhivery Ltd
Transport Services
2.85%
0.0%
Oil & Natural Gas Corporation Ltd
Oil
2.76%
−9.8%
APL Apollo Tubes Ltd
Industrial Products
2.43%
0.0%
Sobha Ltd
Realty
2.21%
0.0%
NHPC Ltd
Power
2.17%
0.0%
KEI Industries Ltd
Industrial Products
2.06%
0.0%
Kalpataru Projects International Ltd
Construction
2.05%
0.0%
Bharat Electronics Ltd
Aerospace & Defense
1.99%
0.0%
Kirloskar Oil Engines Ltd
Industrial Products
1.87%
0.0%
Shriram Finance Ltd
Finance
1.84%
0.0%
Havells India Ltd
Consumer Durables
1.68%
+27.9%
Kirloskar Pneumatic Co Ltd
Industrial Products
1.60%
−2.9%
Ge Vernova T&D India Ltd
Electrical Equipment
1.57%
+197.4%
GAIL (India) Ltd
Gas
1.52%
0.0%
Bharat Petroleum Corporation Ltd
Petroleum Products
1.35%
0.0%
Indian Hotels Co Ltd
Leisure Services
1.30%
New
NCC Ltd
Construction
1.30%
−2.0%
Ion Exchange (India) Ltd
Other Utilities
1.29%
0.0%
AIA Engineering Ltd
Industrial Products
1.28%
+100.0%
Shadowfax Technologies Ltd
Transport Services
1.24%
0.0%
CESC Ltd
Power
1.23%
0.0%
Syrma SGS Technology Ltd
Industrial Manufacturing
1.18%
0.0%
Suzlon Energy Ltd
Electrical Equipment
1.06%
−32.2%
National Stock Exchange Of India Ltd
Capital Markets
1.05%
New
KEC International Ltd
Construction
1.03%
0.0%
One 97 Communications Ltd
Financial Technology (Fintech)
0.92%
New
SKF India Industrial Ltd
Industrial Products
0.92%
0.0%
Somany Ceramics Ltd
Consumer Durables
0.65%
0.0%
JK Lakshmi Cement Ltd
Cement & Cement Products
0.48%
0.0%
Indo Mim Ltd
Industrial Manufacturing
0.46%
−47.2%
Amber Enterprises India Ltd
Consumer Durables
0.44%
−42.9%
Gateway Distriparks Ltd
Transport Services
0.31%
−10.7%
Franklin Build India Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Reliance Industries Ltd
↓Reduced
−31.9%
3.14%
Adani Ports and Special Economic Zone Ltd
↑New
New
4.61%
Axis Bank Ltd
↓Reduced
−25.0%
3.04%
HDFC Bank Ltd
↓Reduced
−23.2%
3.11%
REC Ltd
↓Sold out
−100%
was 3.18%
Oil & Natural Gas Corporation Ltd
↓Reduced
−9.8%
2.76%
Suzlon Energy Ltd
↓Reduced
−32.2%
1.06%
Havells India Ltd
↑Added
+27.9%
1.68%
Kirloskar Pneumatic Co Ltd
↓Reduced
−2.9%
1.60%
Ge Vernova T&D India Ltd
↑Added
+197.4%
1.57%
Shree Cement Ltd
↓Sold out
−100%
was 1.47%
NCC Ltd
↓Reduced
−2.0%
1.30%
Indian Hotels Co Ltd
↑New
New
1.30%
AIA Engineering Ltd
↑Added
+100.0%
1.28%
National Stock Exchange Of India Ltd
↑New
New
1.05%
One 97 Communications Ltd
↑New
New
0.92%
Amber Enterprises India Ltd
↓Reduced
−42.9%
0.44%
Indo Mim Ltd
↓Reduced
−47.2%
0.46%
Gateway Distriparks Ltd
↓Reduced
−10.7%
0.31%
JSW Infrastructure Ltd
↓Sold out
−100%
was 0.14%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Franklin Build India Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.15%
Expense ratio (Regular)
2.14%
Category
Thematic
Risk
Not available
Benchmark
BSE India Infrastructure TRI
Launch date
04-09-2009
Minimum investment
5000/1
Minimum additional investment
1000/1
AUM
₹3,023.75 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
118557
ISIN (Direct)
INF090I01JF5
Scheme code (Regular)
112092
ISIN (Regular)
INF090I01AE7
NAV history
From 01-01-2013, 13.8 years
Exit load
1% if redeemed within 1 year of allotment
Tax on Franklin Build India Fund returns
Franklin Build India Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹154.384
30-10-2026
direct
IDCW
₹46.1498
30-10-2026
regular
Growth
₹132.556
30-10-2026
regular
IDCW
₹37.7352
30-10-2026
About Franklin Build India Fund
Franklin Build India Fund is a mutual fund from Franklin Templeton Mutual Fund. Its category is Thematic. It was launched on 04-09-2009. Its benchmark is BSE India Infrastructure TRI. At the end of September 2026 it held 43 securities.
Fund Manager
Ajay Argal
Fund manager of Franklin Build India Fund, since 18-10-2021
Kiran Sebastian
Fund manager of Franklin Build India Fund, since 07-02-2022
Sandeep Manam
Fund manager of Franklin Build India Fund, since 18-10-2021
Frequently Asked Questions for Franklin Build India Fund
What is the current NAV of Franklin Build India Fund?
The Direct plan NAV is ₹154.384. The Regular plan NAV is ₹132.556, as on 30-10-2026.
What are the returns of Franklin Build India Fund?
The Direct plan returned −8.90% in 1 year, +14.52% a year over 3 years, +16.46% a year over 5 years. The Regular plan returned −9.79% in 1 year, +13.37% a year over 3 years, +15.28% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Franklin Build India Fund?
The Direct plan charges 1.15% a year. The Regular plan charges 2.14% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.
What is the AUM of Franklin Build India Fund?
Franklin Build India Fund managed ₹3,023.75 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Franklin Build India Fund?
At the end of September 2026 the largest holdings were LT (9.02%), INDIGO (7.01%), ADANIPORTS (4.61%), NTPC (4.48%), BHARTIARTL (4.13%). The fund held 43 securities in all.
What did Franklin Build India Fund buy and sell in September 2026?
It bought 4 new stocks: Indian Hotels Co Ltd, National Stock Exchange Of India Ltd, Adani Ports and Special Economic Zone Ltd, One 97 Communications Ltd. It sold out of 3: REC Ltd, Shree Cement Ltd, JSW Infrastructure Ltd. It added shares in 3. It reduced 10.
How do I invest in Franklin Build India Fund?
Through Franklin Templeton Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least 5000/1. You can invest once or through a monthly SIP.
Who is the fund manager of Franklin Build India Fund?
Ajay Argal (since 18-10-2021), Kiran Sebastian (since 07-02-2022), Sandeep Manam (since 18-10-2021).
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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