📊 Focused Fund · Deep Analysis

Franklin India Focused Equity Fund

Franklin Templeton Mutual Fund · Direct Growth · SEBI Category: Focused

Current NAV ₹110.7948 (-0.17% today) As of 04 Jun 2026
1 Year Return -5.8%
3 Year CAGR +11.4% p.a.
5 Year CAGR +11.9% p.a.
AAUM ₹11.7K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,566 daily NAV records
Fund Overview

Franklin India Focused Equity Fund — Quick Summary

Franklin India Focused Equity Fund has one of the longest track records in the focused fund category — managed by R. Janakiraman who has been with Franklin Templeton India since the late 1990s. The fund follows Franklin Templeton's global investment philosophy of seeking companies with durable competitive advantages at reasonable valuations — a value-with-quality approach applied to a concentrated Indian equity portfolio.

The fund's investment mandate explicitly mentions long-term sustainable competitive advantage — a requirement that filters out businesses without durable moats. This framework combined with Franklin Templeton's global valuation discipline results in a portfolio that tends to hold quality businesses for very long periods. Low portfolio turnover is a feature of the fund's philosophy.

Fund House
Franklin Templeton Mutual Fund
SEBI Category
Focused
Benchmark
NIFTY 500 TRI
Fund Manager
R. Janakiraman, Sandeep Manam
AMFI Code
118564
Risk Level
Very High
NAV Records in DB
2,566 days
Quarterly Average AUM · Jan–Mar 2026
₹11.7K Cr
↓ Decreased by 5.0% vs Oct–Dec 2025 · ₹12.3K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Best suited for long-term investors (7+ years) with high conviction in the value-with-quality investment approach and patience to hold through style-unfavorable market phases.
Franklin Templeton's global investment philosophy applied to a concentrated Indian equity portfolio, R. Janakiraman's long tenure and experience across market cycles, an explicit focus on sustainable competitive advantage, and low portfolio turnover make this one of the most philosophically coherent focused fund offerings in India.
✗ Not Suitable For
Investors still cautious about Franklin Templeton India following the 2020 debt fund episode — equity schemes were unaffected but the fund house reputation was damaged. Those wanting the most established, large Indian AMCs for their equity investments. Investors uncomfortable with concentrated 30-stock portfolios.
Who Runs This Fund

Fund Manager

RJ
R. Janakiraman, Sandeep Manam
Franklin Templeton Mutual Fund · Managing since 2009

R. Janakiraman is Vice President and Fund Manager at Franklin Templeton India and co-manages the Franklin India Focused Equity Fund alongside Sandeep Manam. Janakiraman is known for a disciplined, research-driven approach to building concentrated portfolios. He focuses on businesses with strong earnings visibility and sustainable competitive advantages across market caps.

For current co-manager details and full biography, refer to the latest Franklin Templeton Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 118564
The official AMFI scheme code for Franklin India Focused Equity Fund Direct Growth is 118564. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
Franklin Templeton India faced a significant reputation crisis in 2020 due to the winding up of 6 debt schemes. Equity schemes were completely separate and unaffected operationally but the fund house lost significant AUM and investor trust. Franklin has since refocused on its equity business and the 2020 event is now 5+ years in the past — but it remains relevant context for new investors.
Investment Objective
As per Scheme Information Document
The scheme seeks to generate long term capital appreciation by investing in equity and equity related instruments of up to 30 companies with long-term sustainable competitive advantage and growth potential.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Focused Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
HDFC Focused 30 Fund ₹251.41 ₹26.2K Cr Jan–Mar 2026 -1.8% +17.5% p.a. +19.3% p.a. 1.06
ICICI Prudential Focused Equity Fund ₹14.9K Cr Jan–Mar 2026
SBI Focused Equity Fund ₹429.21 ₹42.1K Cr Jan–Mar 2026 +11.9% +17.6% p.a. +14.4% p.a. 1.03
Axis Focused Fund ₹59.16 ₹11.2K Cr Jan–Mar 2026 -6.1% +8.5% p.a. +5.5% p.a. 0.22
Franklin India Focused Equity Fund ▲ ₹110.79 ₹11.7K Cr Jan–Mar 2026 -5.8% +11.4% p.a. +11.9% p.a. 0.52
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,566 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-2.3%
3 MonthPoint-to-point
-6.1%
6 MonthPoint-to-point
-11.1%
1 YearPoint-to-point
-5.8%
3 YearCAGR
+11.4% p.a.
5 YearCAGR
+11.9% p.a.
10 YearCAGR
+14.0% p.a.
₹1 Lakh → 5YLump sum growth
₹171,880

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+96.0%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-32.5%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+37.6% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-6.6% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+5.9%
2024
+20.9%
2023
+24.5%
2022
+9.7%
2021
+40.5%
2020
+11.8%
2019
+12.0%
2018
-7.7%
2017
+39.0%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
18.1%
Positive in 85% of windows
Best: 96.0% · Worst: -32.5%
3Y Rolling Avg
16.9% p.a.
Positive in 96% of windows
Best: 37.6% · Worst: -6.6%
5Y Rolling Avg
18.4% p.a.
Positive in 100% of windows
Best: 32.2% · Worst: 10.8%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-37.7%
Jun 2019 → Mar 2020
Recovered: Nov 2020 (11 mos)
Current from Peak
-13.4%
All-time Peak: ₹128.78
Peak date: Sep 2024

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-17.7%
Sep 27, 2024 – Apr 7, 2025
Recovered: not yet
COVID-19 Crash
-36.0%
Feb 19 – Mar 23, 2020
Recovered: Nov 2020 (11 mos)
2022 Rate Hike Cycle
-15.8%
Jan 17 – Jun 17, 2022
Recovered: Aug 2022 (3 mos)
2018 IL&FS Crisis
-14.5%
Aug 28 – Oct 26, 2018
Recovered: Mar 2019 (7 mos)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.52
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
0.73
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
12.7%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
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Want to see what Franklin India Focused Equity Fund is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Focused Funds

See how Franklin India Focused Equity Fund ranks against other Focused funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.