Franklin India Equity Savings Fund is an Equity Savings fund run by Franklin Templeton Mutual Fund. On 30-09-2026, it managed ₹560 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.3% a year and its Regular plan returned 6.5% a year. Its benchmark, NIFTY Equity Savings Index, returned 7.1% a year over the same 3 years.
NAV (Direct plan)
₹18.75
▲ 0.20% · 30-10-2026
NAV (Regular plan)
₹16.99
▲ 0.20% · 30-10-2026
Expense ratio
0.82%Direct1.61%Regular
0.82%
A year
Riskometer
Not available
Set by the fund house
3 year return
7.3%Direct6.5%Regular
7.3%
A year
Franklin India Equity Savings Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹18.75 (up 0.20% that day); Regular Plan Growth ₹16.99 (up 0.20% that day).
This fund (Direct plan)
₹18.7537
Franklin India Equity Savings Fund Returns vs NIFTY Equity Savings Index
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)
+0.67%
+0.05%
+2.06%
+2.60%
+7.30%
+6.80%
--
This fund (Regular)
+0.61%
−0.15%
+1.65%
+1.81%
+6.46%
+5.79%
--
NIFTY Equity Savings Index
−1.78%
−0.90%
+2.77%
+1.54%
+7.06%
+6.63%
--
Equity Savings average
−0.02%
−0.68%
+1.71%
+2.12%
+8.55%
+7.55%
--
Best in Equity Savings
+0.76%
+0.84%
+5.12%
+6.16%
+12.81%
+9.34%
--
Worst in Equity Savings
−1.35%
−2.08%
−0.15%
−1.58%
+6.34%
+5.74%
--
Rank in Equity Savings
3/23
5/23
9/23
10/23
16/20
13/17
--
Category rows compare the Direct plans of 23 Equity Savings funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.
Franklin India Equity Savings Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+1.86%
+1.21%
2025
+6.73%
+5.88%
2024
+9.79%
+8.91%
2023
+11.14%
+9.93%
2022
+4.99%
+3.70%
2021
+14.71%
+13.22%
Franklin India Equity Savings 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 1,274 periods, one for each trading day from 27-08-2021 to 30-10-2026.
0%5%10%15%20%
Franklin India Equity Savings Fund (Direct)
Category average, 23 Equity Savings funds
Jan 2019 to Jan 2022Dec 2019 to Dec 2022Oct 2020 to Oct 2023Sept 2021 to Sept 2024Aug 2022 to Aug 2025May 2023 to May 2026
Franklin India Equity Savings Fund (Direct)Category average, 23 Equity Savings funds
0%
0%
Below 0%
0%
0%
0-5%
63%
28%
5-10%
37%
72%
10-15%
1%
0%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
1,768
7.6%
−12.1%
35.2%
5%
9.0%
30%
2 years
1,522
9.5%
2.1%
22.4%
0%
11.2%
27%
3 years
1,274
9.5%
6.9%
15.8%
0%
10.7%
21%
5 years
780
9.7%
6.4%
14.1%
0%
10.7%
0%
7 years
288
8.9%
8.3%
9.6%
0%
10.0%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
87
7.5%
−20.8%
30.3%
7%
9.3%
31%
2 years
75
9.3%
2.0%
20.1%
0%
9.8%
33%
3 years
63
9.8%
4.9%
15.3%
0%
10.7%
35%
5 years
39
9.8%
6.6%
11.4%
0%
10.6%
0%
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 category" counts the periods in which the fund did better than the average of the 23 Equity Savings funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.
Franklin India Equity Savings Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Franklin India Equity Savings Fund (Direct)This fund
Category average
Return (CAGR)
+2.60%
+2.12%
Standard deviation
2.85%
4.23%
Sharpe ratio
-0.93
-0.74
Sortino ratio
-1.23
-0.98
Maximum drawdown
−2.1%
(30-03-2026)
−3.8%
(30-03-2026)
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.
Measure
Franklin India Equity Savings Fund (Direct)This fund
Category average
Return (CAGR)
+7.30%
+8.75%
Standard deviation
2.59%
4.16%
Sharpe ratio
0.49
0.65
Sortino ratio
0.68
0.89
Maximum drawdown
−2.1%
(30-03-2026)
−3.8%
(28-02-2025)
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.
Measure
Franklin India Equity Savings Fund (Direct)This fund
Category average
Return (CAGR)
+6.80%
+7.88%
Standard deviation
3.78%
4.34%
Sharpe ratio
0.27
0.48
Sortino ratio
0.36
0.65
Maximum drawdown
−5.8%
(20-06-2022)
−5.4%
(20-06-2022)
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.
Measure
Franklin India Equity Savings Fund (Direct)This fund
Category average
Return (CAGR)
+8.00%
+8.73%
Standard deviation
5.78%
5.84%
Sharpe ratio
0.47
0.59
Sortino ratio
0.63
0.79
Maximum drawdown
−16.7%
(24-03-2020)
−16.0%
(23-03-2020)
From daily NAVs, 27-08-2018 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.
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.
−20%−15%−10%−5%0%
Franklin India Equity Savings Fund (Direct)
Category average, 23 Equity Savings funds
20192020202120222023202420252026
Franklin India Equity Savings Fund (Direct)Category average, 23 Equity Savings funds
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Franklin India Equity Savings Fund (Direct)
−16.7%
06-02-2020
24-03-2020
27-08-2020
5 months
−0.71%
Category average
−16.0%
12-02-2020
23-03-2020
18-08-2020
5 months
−1.6%
From the Direct plan's daily NAV since 27-08-2018, adjusted for unit splits, and the average of the 23 Equity Savings funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Franklin India Equity Savings Fund vs Other Equity Savings Funds
The five Equity Savings 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 India Equity Savings Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-09-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Equity Savings median
Cost rank (1 = cheapest)
Direct
0.32%
0.07%
0.03%
0.40%
0.82%
1.28%
3/23
Regular
1.00%
0.07%
0.03%
0.51%
1.61%
2.20%
3/23
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 Equity Savings 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
1.81%
2.60%
0.79%
₹1,01,810
₹1,02,600
3 years
6.46%
7.30%
0.84% a year
₹1,20,659
₹1,23,538
5 years
5.79%
6.80%
1.01% a year
₹1,32,502
₹1,38,949
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 India Equity Savings 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 27-08-2018 to 30-10-2026: 99 instalments, ₹9,90,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planFranklin India Equity Savings Fund (Direct)
₹9,90,000
₹13,93,027
₹4,03,027
8.1%
Regular planFranklin India Equity Savings Fund (Regular)
Direct planFranklin India Equity Savings Fund (Direct)Regular planFranklin India Equity Savings Fund (Regular)Category averageCategory average, 23 Equity Savings fundsAmount invested
From each plan's published NAV (Growth option) 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 India Equity Savings Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
67.3%Equity
Asset
Fund
Category
Equity
67.3%
67.5%
Debt
18.4%
18.7%
Cash and others
14.3%
14.1%
Market cap of stocks
Market cap
Fund
Category
Large Cap
60.3%
52.2%
Mid Cap
4.0%
9.5%
Small Cap
3.1%
5.3%
Share of the whole fund. Category: the average of the Equity Savings 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.
Credit rating
Bonds and money market papers by credit rating, % of the fund. Category: the average of 23 Equity Savings funds.
Rating
Fund
Category
Sovereign
7.3%
7.7%
AAA and A1+
4.8%
7.2%
AA
6.3%
2.4%
Franklin India Equity Savings Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks18.1%
Telecom - Services7.7%
Power5.6%
Aerospace & Defense4.4%
Automobiles4.2%
Consumer Durables3.6%
Petroleum Products3.4%
Finance3.3%
Retailing2.6%
Insurance2.3%
The ten largest of 22 sectors. The other 12 add up to 12.3%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
18.1%
18.2%
18.1%
0.0%
Telecom - Services
7.8%
7.8%
7.7%
−0.2%
Power
5.7%
5.3%
5.6%
−0.1%
Aerospace & Defense
3.8%
4.3%
4.4%
+0.6%
Automobiles
4.5%
4.4%
4.2%
−0.3%
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 India Equity Savings Fund Portfolio Holdings
As on 30-09-2026 · 59 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
Axis Bank Ltd
Banks
6.45%
0.0%
0.00% Jubilant Bevco Ltd (31-May-2028) · Bond
CRISIL AA
4.67%
Bharti Airtel Ltd
Telecom - Services
4.50%
0.0%
NTPC Ltd
Power
4.15%
0.0%
Kotak Mahindra Bank Ltd
Banks
4.10%
0.0%
Hindustan Aeronautics Ltd
Aerospace & Defense
3.88%
0.0%
Mahindra & Mahindra Ltd
Automobiles
3.63%
0.0%
Titan Co Ltd
Consumer Durables
3.37%
0.0%
Reliance Industries Ltd
Petroleum Products
2.85%
0.0%
91 DTB (22-Oct-2026) · Government security
SOVEREIGN
2.67%
7.21% Embassy Office Parks Reit (17-Mar-2028) · Bond
CRISIL AAA
2.65%
Apollo Hospitals Enterprise Ltd
Healthcare Services
2.24%
0.0%
Vodafone Idea Ltd
Telecom - Services
2.23%
0.0%
RBL Bank Ltd
Banks
2.01%
0.0%
7.70% Poonawalla Fincorp Ltd (21-Apr-2028) · Bond
CRISIL AAA
1.83%
7.48% Punjab SDL (14-Jan-2031) · State government security
SOVEREIGN
1.81%
91 DTB (05-Nov-2026) · Government security
SOVEREIGN
1.78%
0.00% Jubilant Beverages Ltd (31-May-2028) · Bond
CRISIL AA
1.60%
Ultratech Cement Ltd
Cement & Cement Products
1.57%
0.0%
Jio Financial Services Ltd
Finance
1.55%
0.0%
ICICI Bank Ltd
Banks
1.52%
−16.3%
HDFC Life Insurance Co Ltd
Insurance
1.48%
0.0%
Tata Power Co Ltd
Power
1.45%
0.0%
Larsen & Toubro Ltd
Construction
1.44%
0.0%
Meesho Ltd
Retailing
1.38%
New
Eternal Ltd
Retailing
1.20%
0.0%
Cipla Ltd
Pharmaceuticals & Biotechnology
1.20%
0.0%
Bank of Baroda
Banks
1.08%
0.0%
HDFC Bank Ltd
Banks
1.00%
−2.5%
Infosys Ltd
IT - Software
1.00%
0.0%
Indus Towers Ltd
Telecom - Services
1.00%
0.0%
7.30% Uttarkahand SDL (01-Oct-2032) · State government security
SOVEREIGN
0.91%
State Bank of India
Banks
0.77%
0.0%
Bajaj Finserv Ltd
Finance
0.71%
0.0%
Britannia Industries Ltd
Food Products
0.69%
0.0%
AU Small Finance Bank Ltd
Banks
0.63%
0.0%
HCL Technologies Ltd
IT - Software
0.61%
0.0%
Pine Labs Ltd
Financial Technology (Fintech)
0.61%
0.0%
Maruti Suzuki India Ltd
Automobiles
0.53%
0.0%
Bharat Electronics Ltd
Aerospace & Defense
0.53%
0.0%
ITC Ltd
Diversified FMCG
0.53%
0.0%
Bajaj Finance Ltd
Finance
0.51%
0.0%
Ambuja Cements Ltd
Cement & Cement Products
0.51%
0.0%
Hindustan Petroleum Corporation Ltd
Petroleum Products
0.51%
0.0%
Godrej Properties Ltd
Realty
0.50%
0.0%
Cholamandalam Investment and Finance Co Ltd
Finance
0.49%
0.0%
Marico Ltd
Agricultural Food & Other Products
0.46%
0.0%
Sun Pharmaceutical Industries Ltd
Pharmaceuticals & Biotechnology
0.45%
0.0%
Bandhan Bank Ltd
Banks
0.45%
0.0%
Hindustan Unilever Ltd
Diversified FMCG
0.44%
0.0%
SBI Life Insurance Co Ltd
Insurance
0.35%
0.0%
0.00% REC Ltd (03-Nov-2034) · Bond
CRISIL AAA
0.32%
ICICI Lombard General Insurance Co Ltd
Insurance
0.23%
0.0%
Asian Paints Ltd
Consumer Durables
0.21%
0.0%
Max Financial Services Ltd
Insurance
0.20%
0.0%
7.66% Maharashtra SDL (04-Mar-2047) · State government security
SOVEREIGN
0.15%
Yes Bank Ltd
Banks
0.09%
0.0%
JSW Steel Ltd
Ferrous Metals
0.03%
0.0%
Sedemac Mechatronics Ltd
Auto Components
0.01%
New
Franklin India Equity Savings Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
ICICI Bank Ltd
↓Reduced
−16.3%
1.52%
Meesho Ltd
↑New
New
1.38%
HDFC Bank Ltd
↓Reduced
−2.5%
1.00%
PB Fintech Ltd
↓Sold out
−100%
was 0.64%
Sedemac Mechatronics Ltd
↑New
New
0.01%
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 India Equity Savings Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.82%
Expense ratio (Regular)
1.61%
Category
Equity Savings
Risk
Not available
Benchmark
Nifty Equity Savings Index
Launch date
27-08-2018
Minimum investment
5000/1
Minimum additional investment
1000/1
AUM
₹559.99 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
144466
ISIN (Direct)
INF090I01PD7
Scheme code (Regular)
144461
ISIN (Regular)
INF090I01PA3
NAV history
From 27-08-2018, 8.2 years
Exit load
Nil
Tax on Franklin India Equity Savings Fund returns
Franklin India Equity Savings Fund is taxed as an equity fund: 65% or more of it is in Indian stocks, counting its hedged positions.
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
₹18.7537
30-10-2026
direct
IDCW
₹14.3614
30-10-2026
direct
Monthly IDCW
₹13.487
30-10-2026
direct
Quarterly IDCW
₹13.8122
30-10-2026
regular
Growth
₹16.9859
30-10-2026
regular
IDCW
₹13.1752
30-10-2026
regular
Monthly IDCW
₹13.0171
30-10-2026
regular
Quarterly IDCW
₹12.17
30-10-2026
About Franklin India Equity Savings Fund
Franklin India Equity Savings Fund is a mutual fund from Franklin Templeton Mutual Fund. Its category is Equity Savings. It was launched on 27-08-2018. Its benchmark is Nifty Equity Savings Index. At the end of September 2026 it held 59 securities.
Fund Manager
Rajasa Kakulavarapu
Fund manager of Franklin India Equity Savings Fund, since 06-09-2021
Venkatesh Sanjeevi
Fund manager of Franklin India Equity Savings Fund, since 10-10-2024
Anuj Tagra
Fund manager of Franklin India Equity Savings Fund, since 30-04-2024
Rohan Maru
Fund manager of Franklin India Equity Savings Fund, since 10-10-2024
Sandeep Manam
Fund manager of Franklin India Equity Savings Fund, since 18-10-2021
Frequently Asked Questions for Franklin India Equity Savings Fund
What is the current NAV of Franklin India Equity Savings Fund?
The Direct plan NAV is ₹18.7537. The Regular plan NAV is ₹16.9859, as on 30-10-2026.
What are the returns of Franklin India Equity Savings Fund?
The Direct plan returned +2.60% in 1 year, +7.30% a year over 3 years, +6.80% a year over 5 years. The Regular plan returned +1.81% in 1 year, +6.46% a year over 3 years, +5.79% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Franklin India Equity Savings Fund?
The Direct plan charges 0.82% a year. The Regular plan charges 1.61% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.
What is the AUM of Franklin India Equity Savings Fund?
Franklin India Equity Savings Fund managed ₹559.99 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Franklin India Equity Savings Fund?
At the end of September 2026 the largest holdings were AXISBANK (6.45%), 0.00% Jubilant Bevco Ltd (31-May-2028) (4.67%), BHARTIARTL (4.50%), NTPC (4.15%), KOTAKBANK (4.10%). The fund held 59 securities in all.
What did Franklin India Equity Savings Fund buy and sell in September 2026?
It bought 2 new stocks: Sedemac Mechatronics Ltd, Meesho Ltd. It sold out of 1: PB Fintech Ltd. It reduced 2.
How do I invest in Franklin India Equity Savings 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 India Equity Savings Fund?
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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