Franklin India Multi Cap Fund

Multi CapDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Franklin India Multi Cap Fund is a Multi Cap fund run by Franklin Templeton Mutual Fund. On 30-09-2026, it managed ₹5,117 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned −2.7% and its Regular plan returned −4.0%. Its benchmark, Nifty500 Multicap 50:25:25 TRI, returned −6.0% over the same year.

NAV (Direct plan): ₹10.61; ▼ 1.24%30-10-2026
NAV (Regular plan): ₹10.27; ▼ 1.24%30-10-2026
Expense ratio: 0.98%Direct2.32%Regular; 0.98%; A year
Riskometer: Not available; Set by the fund house
1 year return: −2.7%Direct−4.0%Regular; −2.7%; Total

Franklin India Multi Cap Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹10.61 (down 1.24% that day); Regular Plan Growth ₹10.27 (down 1.24% that day).

This fund (Direct plan)

₹10.6106

Franklin India Multi Cap Fund Returns vs Nifty500 Multicap 50:25:25 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)	−4.54%	−4.05%	+2.32%	−2.67%	--	--	--
This fund (Regular)	−4.65%	−4.37%	+1.64%	−3.97%	--	--	--
Nifty500 Multicap 50:25:25 TRI	−1.85%	−6.19%	−2.20%	−6.04%	+11.26%	+10.51%	--
Multi Cap average	−2.65%	−3.95%	+1.99%	−1.14%	--	--	--
Best in Multi Cap	−1.18%	+3.90%	+17.42%	+10.28%	--	--	--
Worst in Multi Cap	−5.15%	−8.29%	−5.16%	−9.57%	--	--	--
Rank in Multi Cap	32/33	14/32	14/32	18/32	--	--	--

Category rows compare the Direct plans of 33 Multi Cap funds. Rank 1 is the highest return.

Franklin India Multi Cap Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty500 Multicap 50:25:25 TRI
2026to date	−2.19%	−3.27%	−5.56%
2025	+6.49%	+4.96%	+5.29%

Franklin India Multi Cap 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 1-year holding period, plotted on the day it ended. There are 308 periods, one for each trading day from 29-07-2025 to 30-10-2026.

−10%−5%0%5%10%15%20%

Sept 2024
to
Sept 2025Nov 2024
to
Nov 2025Feb 2025
to
Feb 2026Apr 2025
to
Apr 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026

Franklin India Multi Cap Fund (Direct)Nifty500 Multicap 50:25:25 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	308	6.2%	−4.5%	20.5%	7%	2.5%	100%
2 years	63	4.6%	1.2%	7.4%	0%	0.3%	100%

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 Nifty500 Multicap 50:25:25 TRI over the same days. Past returns do not promise future returns.

Franklin India Multi Cap Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Franklin India Multi Cap Fund (Direct)This fund	Nifty500 Multicap 50:25:25 TRI
Return (CAGR)	−2.67%	−6.04%
Standard deviation	15.86%	15.02%
Sharpe ratio	-0.50	-0.75
Sortino ratio	-0.68	-1.00
Maximum drawdown	−15.7% (31-03-2026)	−14.6% (30-03-2026)
Beta	1.02	1.00
Alpha	+3.55%	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 Multi Cap Fund (Direct)This fund	Nifty500 Multicap 50:25:25 TRI
Return (CAGR)	+2.67%	−1.64%
Standard deviation	14.98%	14.93%
Sharpe ratio	-0.21	-0.50
Sortino ratio	-0.28	-0.66
Maximum drawdown	−18.7% (28-02-2025)	−19.8% (03-03-2025)
Beta	0.97	1.00
Alpha	+4.06%	0.00%

From daily NAVs, 29-07-2024 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.

−20%−15%−10%−5%0%

20252026

Franklin India Multi Cap Fund (Direct)Nifty500 Multicap 50:25:25 TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Franklin India Multi Cap Fund (Direct)	−18.7%	23-09-2024	28-02-2025	18-09-2025	7 months	−8.0%
Nifty500 Multicap 50:25:25 TRI	−19.8%	26-09-2024	03-03-2025	03-08-2026	17 months	−8.0%

From the Direct plan's daily NAV since 29-07-2024, adjusted for unit splits, and Nifty500 Multicap 50:25:25 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Franklin India Multi Cap Fund vs Other Multi Cap Funds

The five Multi Cap funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Axis Multicap Fund	1/23	11,972	0.93%	+3.76%	+18.70%	+7.66%	0.96	0.85	1.16	Compare
WhiteOak Capital Multi Cap Fund	2/23	4,308	0.89%	−0.45%	+17.52%	+6.61%	0.93	0.80	1.09	Compare
LIC MF Multi Cap Fund	3/23	2,187	0.79%	+1.01%	+16.94%	+5.74%	0.99	0.70	0.96	Compare
Bank of India Multi Cap Fund	4/23	1,344	1.16%	+3.52%	+16.70%	+5.34%	1.02	0.67	0.89	Compare
HSBC Multi Cap Fund	5/23	6,380	0.80%	−0.09%	+16.40%	+4.92%	1.04	0.64	0.87	Compare
Franklin India Multi Cap Fund	18/32	5,117	0.98%	−2.67%	--	--	--	--	--

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 Multi Cap Fund Expense Ratio and Costs

What each plan charges a year, in force from 20-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Multi Cap median	Cost rank (1 = cheapest)
Direct	0.45%	0.13%	0.01%	0.39%	0.98%	0.96%	18/33
Regular	1.61%	0.13%	0.01%	0.57%	2.32%	2.21%	24/33

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 Multi Cap 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	−3.97%	−2.67%	1.30%	₹96,030	₹97,330

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 Multi Cap 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 29-07-2024 to 30-10-2026: 28 instalments, ₹2,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planFranklin India Multi Cap Fund (Direct)	₹2,80,000	₹2,89,511	₹9,511	2.8%
Regular planFranklin India Multi Cap Fund (Regular)	₹2,80,000	₹2,84,665	₹4,665	1.4%
Nifty500 Multicap 50:25:25 TRI	₹2,80,000	₹2,75,701	−₹4,299	−1.3%
Category averageCategory average, 33 Multi Cap funds	₹2,80,000	₹2,88,822	₹8,822	2.6%

₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L

20252026

Direct planFranklin India Multi Cap Fund (Direct)Regular planFranklin India Multi Cap Fund (Regular)Nifty500 Multicap 50:25:25 TRICategory averageCategory average, 33 Multi Cap 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 Multi Cap Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

93.8%Equity

Asset	Fund	Category
Equity	93.8%	94.9%
Cash and others	5.7%	4.5%
Debt	0.5%	0.6%

Market cap of stocks

Market cap	Fund	Category
Large Cap	29.0%	35.5%
Mid Cap	32.9%	27.2%
Small Cap	31.9%	29.4%

Share of the whole fund. Category: the average of the Multi Cap 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 Multi Cap Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Industrial Products13.3%
Aerospace & Defense12.2%
Pharmaceuticals & Biotechnology10.8%
Banks9.0%
Auto Components5.8%
Finance5.5%
Industrial Manufacturing4.8%
Healthcare Services3.6%
Petroleum Products3.5%
Automobiles3.2%

The ten largest of 22 sectors. The other 12 add up to 22.3%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Industrial Products	14.4%	13.7%	13.3%	−1.1%
Aerospace & Defense	11.8%	11.8%	12.2%	+0.4%
Pharmaceuticals & Biotechnology	7.7%	11.5%	10.8%	+3.1%
Banks	11.3%	9.0%	9.0%	−2.3%
Auto Components	2.0%	6.3%	5.8%	+3.8%

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 Multi Cap Fund Portfolio Holdings

As on 30-09-2026 · 52 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
Hindustan Aeronautics Ltd	Aerospace & Defense	5.36%	0.0%
Syrma SGS Technology Ltd	Industrial Manufacturing	4.80%	0.0%
Cyient DLM Ltd	Aerospace & Defense	4.05%	0.0%
Axis Bank Ltd	Banks	3.17%	0.0%
Bosch Ltd	Auto Components	3.13%	0.0%
Dixon Technologies (India) Ltd	Consumer Durables	3.04%	0.0%
Timken India Ltd	Industrial Products	2.91%	0.0%
AIA Engineering Ltd	Industrial Products	2.76%	0.0%
Data Patterns India Ltd	Aerospace & Defense	2.74%	0.0%
Kirloskar Oil Engines Ltd	Industrial Products	2.51%	−12.8%
HDFC Bank Ltd	Banks	2.43%	0.0%
ICICI Lombard General Insurance Co Ltd	Insurance	2.32%	0.0%
R R Kabel Ltd	Industrial Products	2.27%	+2.9%
APL Apollo Tubes Ltd	Industrial Products	2.23%	0.0%
Dr. Reddy's Laboratories Ltd	Pharmaceuticals & Biotechnology	2.20%	0.0%
Hyundai Motor India Ltd	Automobiles	2.17%	0.0%
Torrent Pharmaceuticals Ltd	Pharmaceuticals & Biotechnology	2.04%	0.0%
Cipla Ltd	Pharmaceuticals & Biotechnology	1.98%	0.0%
Piramal Finance Ltd	Finance	1.97%	0.0%
Seshaasai Technologies Ltd	Financial Technology (Fintech)	1.95%	+3.6%
Bajaj Finance Ltd	Finance	1.95%	New
Reliance Industries Ltd	Petroleum Products	1.95%	0.0%
Lenskart Solutions Ltd	Retailing	1.76%	0.0%
TBO Tek Ltd	Leisure Services	1.74%	0.0%
IDFC First Bank Ltd	Banks	1.74%	0.0%
Aster DM Quality Care Ltd	Healthcare Services	1.70%	0.0%
Akums Drugs And Pharmaceuticals Ltd	Pharmaceuticals & Biotechnology	1.67%	0.0%
City Union Bank Ltd	Banks	1.62%	0.0%
SBI Cards and Payment Services Ltd	Finance	1.61%	0.0%
Hindustan Petroleum Corporation Ltd	Petroleum Products	1.55%	−11.7%
Tata Communications Ltd	Telecom - Services	1.54%	−21.3%
NTPC Ltd	Power	1.54%	0.0%
Mankind Pharma Ltd	Pharmaceuticals & Biotechnology	1.53%	0.0%
Global Health Ltd	Healthcare Services	1.49%	0.0%
J.K. Cement Ltd	Cement & Cement Products	1.48%	0.0%
Bharti Airtel Ltd	Telecom - Services	1.40%	0.0%
Ultratech Cement Ltd	Cement & Cement Products	1.05%	0.0%
Samvardhana Motherson International Ltd	Auto Components	1.03%	0.0%
Tata Steel Ltd	Ferrous Metals	1.01%	New
TVS Motor Co Ltd	Automobiles	0.99%	New
Interglobe Aviation Ltd	Transport Services	0.97%	0.0%
Sundram Fasteners Ltd	Auto Components	0.91%	−24.8%
Page Industries Ltd	Textiles & Apparels	0.91%	+617.0%
Piramal Pharma Ltd	Pharmaceuticals & Biotechnology	0.80%	0.0%
Balkrishna Industries Ltd	Auto Components	0.71%	0.0%
One 97 Communications Ltd	Financial Technology (Fintech)	0.71%	New
Shivalik Bimetal Controls Ltd	Industrial Products	0.64%	−0.4%
CESC Ltd	Power	0.62%	−66.5%
Eris Lifesciences Ltd	Pharmaceuticals & Biotechnology	0.56%	−47.6%
182 DTB (19-Nov-2026) · Government security	SOVEREIGN	0.49%
HealthCare Global Enterprises Ltd	Healthcare Services	0.41%	New
Sudarshan Chemical Industries Ltd	Chemicals & Petrochemicals	0.24%	−70.2%

Franklin India Multi Cap Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Kirloskar Oil Engines Ltd	Reduced	−12.8%	2.51%
R R Kabel Ltd	Added	+2.9%	2.27%
Tata Communications Ltd	Reduced	−21.3%	1.54%
CESC Ltd	Reduced	−66.5%	0.62%
Seshaasai Technologies Ltd	Added	+3.6%	1.95%
Bajaj Finance Ltd	New	New	1.95%
Hindustan Petroleum Corporation Ltd	Reduced	−11.7%	1.55%
Mphasis Ltd	Sold out	−100%	was 1.27%
Sundram Fasteners Ltd	Reduced	−24.8%	0.91%
PB Fintech Ltd	Sold out	−100%	was 1.18%
Eris Lifesciences Ltd	Reduced	−47.6%	0.56%
Tata Steel Ltd	New	New	1.01%
TVS Motor Co Ltd	New	New	0.99%
Page Industries Ltd	Added	+617.0%	0.91%
Sudarshan Chemical Industries Ltd	Reduced	−70.2%	0.24%
One 97 Communications Ltd	New	New	0.71%
Shivalik Bimetal Controls Ltd	Reduced	−0.4%	0.64%
Aditya Infotech Ltd	Sold out	−100%	was 0.58%
Container Corporation Of India Ltd	Sold out	−100%	was 0.55%
Biocon Ltd	Sold out	−100%	was 0.48%
HealthCare Global Enterprises Ltd	New	New	0.41%
Indo Mim Ltd	Sold out	−100%	was 0.02%

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.

What Franklin India Multi Cap Fund bought and sold

Franklin India Multi Cap Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Franklin India Opportunities FundThematic · Franklin Templeton	42.9%	26	Compare
Franklin India Aggressive Hybrid FundAggressive Hybrid · Franklin Templeton	26.0%	20	Compare
Nippon India Flexi Cap FundFlexi Cap · Nippon India	25.3%	18	Compare
Franklin India Balanced Advantage FundBalanced Advantage · Franklin Templeton	24.5%	20	Compare
Kotak ELSS Tax Saver FundELSS · Kotak Mahindra	24.3%	15	Compare
Canara Robeco Flexi Cap FundFlexi Cap · Canara Robeco	23.9%	19	Compare
JM Large & Mid Cap FundLarge & Mid Cap · JM Financial	22.6%	15	Compare
Franklin Build India FundThematic · Franklin Templeton	22.3%	13	Compare

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 Multi Cap Fund Overview

Fund facts from the scheme summary document

Expense ratio (Direct): 0.98%
Expense ratio (Regular): 2.32%
Category: Multi Cap
Risk: Not available
Benchmark: Not available
Launch date: Not available
Minimum investment: Not available
Minimum additional investment: Not available
AUM: ₹5,117.38 Cr (30-09-2026)
Lock in: Not available
Scheme code (Direct): 152739
ISIN (Direct): INF090I01XA7
Scheme code (Regular): 152738
ISIN (Regular): INF090I01WX1
NAV history: From 29-07-2024, 2.3 years

Exit load: Not available

Tax on Franklin India Multi Cap Fund returns

Franklin India Multi Cap 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	₹10.6106	30-10-2026
direct	IDCW	₹10.6106	30-10-2026
regular	Growth	₹10.2741	30-10-2026
regular	IDCW	₹10.2741	30-10-2026

About Franklin India Multi Cap Fund

Franklin India Multi Cap Fund is a mutual fund from Franklin Templeton Mutual Fund. Its category is Multi Cap. At the end of September 2026 it held 52 securities.

Fund Manager

Not available

See all funds of Franklin Templeton Mutual Fund

AUM change

September 2026: ₹5,117.38 Cr; −2.76% from August 2026
August 2026: ₹5,262.39 Cr; +3.27% from July 2026
July 2026: ₹5,095.56 Cr; +1.31% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Franklin India Multi Cap Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Franklin India Multi Cap vs Axis MulticapMulti Cap
Franklin India Multi Cap vs WhiteOak Capital Multi CapMulti Cap
Franklin India Multi Cap vs LIC MF Multi CapMulti Cap
Franklin India Multi Cap vs Bank of India Multi CapMulti Cap
Franklin India Multi Cap vs HSBC Multi CapMulti Cap
Franklin India Multi Cap vs Franklin India Opportunities42.9% overlap
Franklin India Multi Cap vs Franklin India Aggressive Hybrid26.0% overlap
Franklin India Multi Cap vs Nippon India Flexi Cap25.3% overlap

Compare with any other fund

Frequently Asked Questions for Franklin India Multi Cap Fund

What is the current NAV of Franklin India Multi Cap Fund?

The Direct plan NAV is ₹10.6106. The Regular plan NAV is ₹10.2741, as on 30-10-2026.

What are the returns of Franklin India Multi Cap Fund?

The Direct plan returned −2.67% in 1 year. The Regular plan returned −3.97% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of Franklin India Multi Cap Fund?

The Direct plan charges 0.98% a year. The Regular plan charges 2.32% a year. This is the figure the fund house reported to AMFI, in force from 20-10-2026.

What is the AUM of Franklin India Multi Cap Fund?

Franklin India Multi Cap Fund managed ₹5,117.38 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Franklin India Multi Cap Fund?

At the end of September 2026 the largest holdings were HAL (5.36%), SYRMA (4.80%), CYIENTDLM (4.05%), AXISBANK (3.17%), BOSCHLTD (3.13%). The fund held 52 securities in all.

What did Franklin India Multi Cap Fund buy and sell in September 2026?

It bought 5 new stocks: HealthCare Global Enterprises Ltd, Tata Steel Ltd, Bajaj Finance Ltd, TVS Motor Co Ltd, One 97 Communications Ltd. It sold out of 6: Indo Mim Ltd, Container Corporation Of India Ltd, Mphasis Ltd, Biocon Ltd, PB Fintech Ltd. It added shares in 3. It reduced 8.

How do I invest in Franklin India Multi Cap 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. You can invest once or through a monthly SIP.

How has Franklin India Multi Cap Fund performed against its benchmark?

Its benchmark is Nifty500 Multicap 50:25:25 TRI. The Direct plan returned −2.67% in 1 year. The benchmark returned −6.04% in 1 year.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its 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.