Franklin India Focused Equity Fund is a Focused fund run by Franklin Templeton Mutual Fund. On 30-09-2026, it managed ₹10,410 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.5% a year and its Regular plan returned 6.7% a year. Its benchmark, Nifty 500 TRI, returned 10.2% a year over the same 3 years.
NAV (Direct plan)
₹107.81
▲ 0.00% · 30-10-2026
NAV (Regular plan)
₹94.76
▲ 0.00% · 30-10-2026
Expense ratio
1.17%Direct1.94%Regular
1.17%
A year
Riskometer
Not available
Set by the fund house
3 year return
7.5%Direct6.7%Regular
7.5%
A year
Franklin India Focused Equity Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹107.81 (up 0.00% that day); Regular Plan Growth ₹94.76 (up 0.00% that day).
This fund (Direct plan)
₹107.807
Franklin India Focused Equity Fund Returns vs Nifty 500 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)
+0.39%
−6.98%
−5.56%
−14.35%
+7.49%
+8.20%
+12.30%
This fund (Regular)
+0.32%
−7.16%
−5.91%
−15.00%
+6.65%
+7.33%
+11.31%
Nifty 500 TRI
−0.75%
−6.05%
−2.83%
−7.34%
+10.22%
+8.81%
+12.51%
Focused average
−1.00%
−4.12%
+1.39%
−3.09%
+12.30%
+10.21%
+13.15%
Best in Focused
+2.11%
+5.18%
+17.02%
+19.34%
+21.38%
+15.90%
+15.20%
Worst in Focused
−5.18%
−8.77%
−5.73%
−14.35%
+7.49%
+3.36%
+11.36%
Rank in Focused
7/28
26/28
27/28
28/28
27/27
20/22
9/13
Category rows compare the Direct plans of 28 Focused funds. Rank 1 is the highest return.
Franklin India Focused Equity Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty 500 TRI
2026to date
−13.66%
−14.20%
−7.51%
2025
+5.92%
+5.08%
+7.76%
2024
+20.88%
+19.91%
+16.24%
2023
+24.51%
+23.46%
+26.91%
2022
+9.74%
+8.87%
+4.25%
2021
+40.53%
+39.41%
+31.60%
Franklin India Focused Equity 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.
−10%0%10%20%30%40%
Franklin India Focused Equity Fund (Direct)
Nifty 500 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 India Focused Equity Fund (Direct)Nifty 500 TRI
3%
2%
Below 0%
4%
4%
0-5%
10%
8%
5-10%
19%
37%
10-15%
25%
35%
15-20%
21%
11%
20-25%
18%
3%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,155
12.6%
−32.9%
103.5%
18%
11.2%
63%
2 years
2,913
16.8%
−13.9%
55.6%
8%
15.3%
68%
3 years
2,667
16.9%
−6.4%
36.7%
3%
14.9%
69%
5 years
2,174
16.4%
−0.8%
31.1%
0%
14.8%
78%
7 years
1,685
15.9%
11.1%
21.3%
0%
14.2%
95%
10 years
941
16.3%
12.1%
21.2%
0%
14.5%
93%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
14.3%
−50.4%
100.2%
23%
12.4%
62%
2 years
142
15.1%
−27.5%
66.6%
11%
12.4%
69%
3 years
130
18.0%
−18.5%
34.9%
5%
14.8%
69%
5 years
106
17.6%
−6.6%
28.7%
3%
15.5%
80%
7 years
82
16.9%
2.4%
23.6%
0%
15.3%
89%
10 years
46
16.9%
11.7%
19.8%
0%
15.2%
89%
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 Nifty 500 TRI over the same days. Past returns do not promise future returns.
Franklin India Focused Equity Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Franklin India Focused Equity Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
−14.35%
−7.34%
Standard deviation
13.87%
14.48%
Sharpe ratio
-1.41
-0.87
Sortino ratio
-1.83
-1.16
Maximum drawdown
−16.2%
(23-10-2026)
−14.7%
(30-03-2026)
Beta
0.93
1.00
Alpha
−7.93%
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 India Focused Equity Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+7.49%
+10.22%
Standard deviation
13.17%
14.30%
Sharpe ratio
0.11
0.29
Sortino ratio
0.15
0.40
Maximum drawdown
−17.9%
(07-04-2025)
−18.6%
(28-02-2025)
Beta
0.88
1.00
Alpha
−2.24%
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 India Focused Equity Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+8.20%
+8.81%
Standard deviation
13.32%
14.36%
Sharpe ratio
0.18
0.21
Sortino ratio
0.24
0.28
Maximum drawdown
−17.9%
(07-04-2025)
−18.6%
(28-02-2025)
Beta
0.89
1.00
Alpha
−0.28%
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 India Focused Equity Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+12.30%
+12.51%
Standard deviation
16.41%
16.04%
Sharpe ratio
0.42
0.44
Sortino ratio
0.57
0.59
Maximum drawdown
−37.7%
(23-03-2020)
−38.1%
(23-03-2020)
Beta
0.95
1.00
Alpha
+0.15%
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 India Focused Equity Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+15.55%
+12.85%
Standard deviation
15.87%
15.83%
Sharpe ratio
0.60
0.43
Sortino ratio
0.83
0.58
Maximum drawdown
−37.7%
(23-03-2020)
−38.1%
(23-03-2020)
Beta
0.93
1.00
Alpha
+3.19%
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.
−40%−30%−20%−10%0%
Franklin India Focused Equity Fund (Direct)
Nifty 500 TRI
2014201620182020202220242026
Franklin India Focused Equity Fund (Direct)Nifty 500 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Franklin India Focused Equity Fund (Direct)
−37.7%
03-06-2019
23-03-2020
18-11-2020
8 months
−16.3%
Nifty 500 TRI
−38.1%
17-01-2020
23-03-2020
06-11-2020
7 months
−8.8%
From the Direct plan's daily NAV since 01-01-2013, adjusted for unit splits, and Nifty 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Franklin India Focused Equity Fund vs Other Focused Funds
The five Focused 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 Focused Equity 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
Focused median
Cost rank (1 = cheapest)
Direct
0.84%
0.05%
0.00%
0.28%
1.17%
1.10%
19/28
Regular
1.50%
0.05%
0.00%
0.39%
1.94%
2.23%
5/28
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 Focused 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
−15.00%
−14.35%
0.65%
₹85,000
₹85,650
3 years
6.65%
7.49%
0.84% a year
₹1,21,306
₹1,24,195
5 years
7.33%
8.20%
0.87% a year
₹1,42,431
₹1,48,298
10 years
11.31%
12.30%
0.99% a year
₹2,91,972
₹3,19,005
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 Focused Equity 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.
Investment
Invested
Value now
Gain
Return a year
Direct planFranklin India Focused Equity Fund (Direct)
₹16,60,000
₹45,59,692
₹28,99,692
13.6%
Regular planFranklin India Focused Equity Fund (Regular)
Direct planFranklin India Focused Equity Fund (Direct)Regular planFranklin India Focused Equity Fund (Regular)Nifty 500 TRICategory averageCategory average, 28 Focused 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 India Focused Equity Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
94.5%Equity
Asset
Fund
Category
Equity
94.5%
93.9%
Cash and others
5.3%
5.0%
Debt
0.2%
1.2%
Market cap of stocks
Market cap
Fund
Category
Large Cap
70.6%
57.8%
Mid Cap
15.6%
18.9%
Small Cap
8.3%
15.4%
Share of the whole fund. Category: the average of the Focused 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 India Focused Equity Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks25.1%
Retailing6.4%
Telecom - Services5.9%
Transport Services5.7%
Petroleum Products5.7%
Industrial Products5.3%
Pharmaceuticals & Biotechnology5.2%
IT - Software4.4%
Aerospace & Defense4.3%
Automobiles3.5%
The ten largest of 21 sectors. The other 11 add up to 22.9%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
23.8%
23.8%
25.1%
+1.3%
Retailing
6.2%
6.7%
6.4%
+0.2%
Telecom - Services
6.0%
5.5%
5.9%
−0.1%
Transport Services
5.7%
5.6%
5.7%
0.0%
Petroleum Products
5.7%
5.5%
5.7%
0.0%
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 Focused Equity Fund Portfolio Holdings
As on 30-09-2026 · 31 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
ICICI Bank Ltd
Banks
8.57%
0.0%
Axis Bank Ltd
Banks
7.66%
0.0%
HDFC Bank Ltd
Banks
7.62%
−13.2%
Bharti Airtel Ltd
Telecom - Services
5.91%
0.0%
Eternal Ltd
Retailing
5.84%
−19.1%
Reliance Industries Ltd
Petroleum Products
5.70%
0.0%
Sun Pharmaceutical Industries Ltd
Pharmaceuticals & Biotechnology
5.15%
0.0%
Tata Consultancy Services Ltd
IT - Software
4.42%
−8.2%
Interglobe Aviation Ltd
Transport Services
3.66%
0.0%
Maruti Suzuki India Ltd
Automobiles
3.54%
0.0%
Indian Hotels Co Ltd
Leisure Services
3.01%
0.0%
Sobha Ltd
Realty
2.93%
0.0%
Shriram Finance Ltd
Finance
2.74%
+5.5%
Hindustan Aeronautics Ltd
Aerospace & Defense
2.74%
0.0%
360 One Wam Ltd
Capital Markets
2.28%
+4.5%
Tata Power Co Ltd
Power
2.24%
0.0%
KEI Industries Ltd
Industrial Products
2.14%
0.0%
Delhivery Ltd
Transport Services
2.09%
0.0%
APL Apollo Tubes Ltd
Industrial Products
1.91%
0.0%
Britannia Industries Ltd
Food Products
1.86%
0.0%
Uno Minda Ltd
Auto Components
1.80%
+6.7%
Bharat Electronics Ltd
Aerospace & Defense
1.57%
+146.8%
PB Fintech Ltd
Financial Technology (Fintech)
1.46%
−41.2%
Apollo Hospitals Enterprise Ltd
Healthcare Services
1.37%
0.0%
AIA Engineering Ltd
Industrial Products
1.30%
New
RBL Bank Ltd
Banks
1.28%
New
Havells India Ltd
Consumer Durables
1.17%
−7.0%
Pine Labs Ltd
Financial Technology (Fintech)
1.06%
New
Physicswallah Ltd
Other Consumer Services
0.95%
New
Lenskart Solutions Ltd
Retailing
0.53%
New
91 DTB (05-Nov-2026) · Government security
SOVEREIGN
0.24%
Franklin India Focused Equity Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
HDFC Bank Ltd
↓Reduced
−13.2%
7.62%
Eternal Ltd
↓Reduced
−19.1%
5.84%
Tata Consultancy Services Ltd
↓Reduced
−8.2%
4.42%
PB Fintech Ltd
↓Reduced
−41.2%
1.46%
Shriram Finance Ltd
↑Added
+5.5%
2.74%
Infosys Ltd
↓Sold out
−100%
was 2.66%
360 One Wam Ltd
↑Added
+4.5%
2.28%
Uno Minda Ltd
↑Added
+6.7%
1.80%
Bharat Electronics Ltd
↑Added
+146.8%
1.57%
Havells India Ltd
↓Reduced
−7.0%
1.17%
AIA Engineering Ltd
↑New
New
1.30%
RBL Bank Ltd
↑New
New
1.28%
Deepak Nitrite Ltd
↓Sold out
−100%
was 1.22%
HDFC Life Insurance Co Ltd
↓Sold out
−100%
was 1.09%
Pine Labs Ltd
↑New
New
1.06%
Physicswallah Ltd
↑New
New
0.95%
Lenskart Solutions Ltd
↑New
New
0.53%
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 Focused Equity Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.17%
Expense ratio (Regular)
1.94%
Category
Focused
Risk
Not available
Benchmark
Nifty 500 TRI
Launch date
26-07-2007
Minimum investment
5000/1
Minimum additional investment
1000/1
AUM
₹10,410.26 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
118564
ISIN (Direct)
INF090I01IW2
Scheme code (Regular)
105817
ISIN (Regular)
INF090I01981
NAV history
From 01-01-2013, 13.8 years
Exit load
1% if redeemed/switched-out within 1 year from the date of allotment
Tax on Franklin India Focused Equity Fund returns
Franklin India Focused Equity 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
₹107.807
30-10-2026
direct
IDCW
₹34.6772
30-10-2026
regular
Growth
₹94.7632
30-10-2026
regular
IDCW
₹29.2181
30-10-2026
About Franklin India Focused Equity Fund
Franklin India Focused Equity Fund is a mutual fund from Franklin Templeton Mutual Fund. Its category is Focused. It was launched on 26-07-2007. Its benchmark is Nifty 500 TRI. At the end of September 2026 it held 31 securities.
Fund Manager
Ajay Argal
Fund manager of Franklin India Focused Equity Fund, since 18-10-2021
Venkatesh Sanjeevi
Fund manager of Franklin India Focused Equity Fund, since 04-10-2024
Sandeep Manam
Fund manager of Franklin India Focused Equity Fund, since 18-10-2021
Frequently Asked Questions for Franklin India Focused Equity Fund
What is the current NAV of Franklin India Focused Equity Fund?
The Direct plan NAV is ₹107.807. The Regular plan NAV is ₹94.7632, as on 30-10-2026.
What are the returns of Franklin India Focused Equity Fund?
The Direct plan returned −14.35% in 1 year, +7.49% a year over 3 years, +8.20% a year over 5 years. The Regular plan returned −15.00% in 1 year, +6.65% a year over 3 years, +7.33% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Franklin India Focused Equity Fund?
The Direct plan charges 1.17% a year. The Regular plan charges 1.94% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.
What is the AUM of Franklin India Focused Equity Fund?
Franklin India Focused Equity Fund managed ₹10,410.26 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Franklin India Focused Equity Fund?
At the end of September 2026 the largest holdings were ICICIBANK (8.57%), AXISBANK (7.66%), HDFCBANK (7.62%), BHARTIARTL (5.91%), ETERNAL (5.84%). The fund held 31 securities in all.
What did Franklin India Focused Equity Fund buy and sell in September 2026?
It bought 5 new stocks: Physicswallah Ltd, Pine Labs Ltd, AIA Engineering Ltd, Lenskart Solutions Ltd, RBL Bank Ltd. It sold out of 3: Infosys Ltd, Deepak Nitrite Ltd, HDFC Life Insurance Co Ltd. It added shares in 4. It reduced 5.
How do I invest in Franklin India Focused Equity 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 Focused Equity 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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