Franklin India Large & Mid Cap Fund Direct-Growth

Q: What are the returns of this mutual fund scheme?

The Franklin India Large & Mid Cap Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 14.28% since inception. Franklin India Large & Mid Cap Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.51% 16.98% 14.51% 13.46% 14.28%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹205.1412-0.74% 1 day change	14.28% p.a.	App exclusive #NA View Ranked Funds	₹3,674 Cr

Historical NAV & returns

NAV: ₹205.1412 as on Feb 02, 2026

This fund Category average

Franklin India Large & Mid Cap Fund overview

Expense ratio	1.34% as on Jan 31, 2026
Exit load	1.0% Exit load of 1% if redeemed within 1 year!
AUM (Fund size)	₹3,674 Cr
Lock-in Period	Nil
Age	13 yrs 1 m since Jan 01, 2013
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Franklin India Large & Mid Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-5.42%	-5.04%
3 Months	-5.47%	-5.07%
6 Months	-1.53%	-1.19%
1 Year	6.51%	7.27%
2 Years	10.41%	10.39%
3 Years	16.98%	18.65%
4 Years	11.11%	13.68%
5 Years	14.51%	17.04%
7 Years	14.49%	17.24%
10 Years	13.46%	15.99%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 34.81%

Mid Cap 41.18%

Small Cap 20.36%

Other Cap 0%

Top holdings

Eternal Ltd.4.26%

Swiggy Ltd.4.0%

JB Chemicals & Pharmaceuticals Ltd.3.8%

Info Edge (India) Ltd.3.63%

Top sectors

Financial 24.36%

Services 20.839999999999996%

Technology 9.74%

Healthcare 8.55%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Cash/Net Current Assets 3.65288581%

Other Holdings

Others 3.65%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Franklin India Large & Mid Cap Fund	-5.42%	-1.53%	6.51%	16.98%	14.51%	13.46%
ICICI Prudential Large & Mid Cap Fund	-4.86%	3.79%	9.19%	21.28%	21.46%	17.69%
Bandhan Large & Mid Cap Fund	-4.88%	1.7%	10.69%	23.64%	20.63%	18.12%
HDFC Large and Mid Cap Fund	-5.2%	-0.03%	8.27%	20.24%	19.84%	16.48%
UTI Large & Mid Cap Fund	-3.78%	3.59%	10.6%	22.41%	19.93%	16.15%
Kotak Large & Midcap Fund	-2.94%	3.08%	13.11%	20.42%	18.57%	18.06%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Franklin India Large & Mid Cap Fund	13.27	1.02	0.82	1.23
ICICI Prudential Large & Mid Cap Fund	11.77	0.9	1.22	1.73
Bandhan Large & Mid Cap Fund	13.38	1.01	1.25	1.72
HDFC Large and Mid Cap Fund	13.87	1.08	0.99	1.46
UTI Large & Mid Cap Fund	13.24	1.02	1.16	1.68
Kotak Large & Midcap Fund	12.58	0.94	1.1	1.45

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Franklin India Large & Mid Cap Fund	N.A.	3,674 Cr	13 yrs 1 m	1.34%
ICICI Prudential Large & Mid Cap Fund	N.A.	27,745 Cr	13 yrs 1 m	0.79%
Bandhan Large & Mid Cap Fund	N.A.	13,636 Cr	13 yrs 1 m	0.53%
HDFC Large and Mid Cap Fund	N.A.	28,980 Cr	13 yrs 1 m	0.84%
UTI Large & Mid Cap Fund	N.A.	5,635 Cr	13 yrs 1 m	0.91%
Kotak Large & Midcap Fund	N.A.	30,039 Cr	13 yrs 1 m	0.55%

View all Large & Midcap funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.88 vs. 5.72 Underperformed at beating benchmark
Sharpe	0.82 vs. 6.57 Poor risk-adjusted returns
Beta	1.02 vs. 0.95 More sensitive to market's ups & downs
Standard deviation	13.27 vs. 10.82 More volatile performance

About this fund

About Franklin India Large & Mid Cap Fund

Franklin India Large & Mid Cap Fund Direct-Growth is a Large & MidCap mutual fund scheme from Franklin Templeton Mutual Fund. This fund has been in existence for 13 yrs 1 m, having been launched on 01/01/2013. Franklin India Large & Mid Cap Fund Direct-Growth has ₹3,674 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Franklin India Large & Mid Cap Fund Direct-Growth as of 02/02/2026 is ₹205.14. The fund has an expense ratio of 1.34%, which is higher than what most other Large & Midcap funds charge.

Franklin India Large & Mid Cap Fund Direct-Growth returns of last 1-year are 6.32%. Since launch, it has delivered 14.29% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Franklin India Large & Mid Cap Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Services, Technology, Healthcare, Consumer Staples sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in Eternal Ltd., Swiggy Ltd., JB Chemicals & Pharmaceuticals Ltd., Info Edge (India) Ltd., Mahindra & Mahindra Ltd..

...

Fund AUM	3,674 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Venkatesh Sanjeevi

Mr. Sanjeevi is a PGDM (IIM- Ahmedabad), CA, B.Com Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd., he has worked with Pictet Asset Management, London, ICICI Prudential AMC, Edelweiss Asset Mgmt. Ltd., Edelweiss Securities Ltd. and Hindustan Unilever Ltd.

R Janakiraman

Mr. Janakiraman is a B.E and PGDM (Business Management). Prior to joining Franklin Templeton Investments, he has worked with Indian Syntans Inv. Pvt. Ltd., Citicorp Information Tech Ltd. and UTI Securities Exchange Ltd.

Investment objective

The scheme seeks to provide medium to long-term capital appreciation by investing primarily in Large and Mid-cap stocks.

Franklin Templeton Mutual Fund details

No. of schemes	34 view all schemes
Total AUM	1,28,113 Cr as on Dec 31, 2025
Address	Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211 Free Press Journal Marg, Nariman Point Mumbai, 400013
Phone	1800-425-4255 / 60004255

More funds from Franklin Templeton Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Franklin Build India Fund	N.A.	3,036 Cr	11.56%	24.8%
Franklin India Small Cap Fund	N.A.	13,238 Cr	-3.06%	21.0%
Franklin India Opportunities Fund	N.A.	8,380 Cr	6.23%	20.85%
Templeton India Value Fund	N.A.	2,326 Cr	7.68%	19.58%
Franklin India Dividend Yield Fund	N.A.	2,402 Cr	5.64%	19.31%
Franklin India Mid Cap Fund	N.A.	12,831 Cr	4.26%	17.93%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Franklin India Large & Mid Cap Fund Direct-Growth?

The current Net Asset Value (NAV) of the Franklin India Large & Mid Cap Fund - Direct Growth plan is approximately ₹205.1412 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Franklin India Large & Mid Cap Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 14.28% since inception.

Franklin India Large & Mid Cap Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.51%	16.98%	14.51%	13.46%	14.28%

How much does this mutual fund charge as expense ratio?

The Franklin India Large & Mid Cap Fund - Direct Growth has an expense ratio of 1.34%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Franklin India Large & Mid Cap Fund currently has assets under management (AUM) or fund size valued at approximately 3,674 Cr as on Dec 31, 2025.

What are the top stock holdings of Franklin India Large & Mid Cap Fund?

The Franklin India Large & Mid Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Eternal Ltd.	4.26%
Swiggy Ltd.	4.0%
JB Chemicals & Pharmaceuticals Ltd.	3.8%
Info Edge (India) Ltd.	3.63%
Mahindra & Mahindra Ltd.	3.63%
Sagility Ltd.	3.36%
HCL Technologies Ltd.	3.14%
HDFC Bank Ltd.	2.98%
ICICI Bank Ltd.	2.97%
360 One Wam Ltd.	2.69%

What are the top sectors Franklin India Large & Mid Cap Fund has invested in?

The Franklin India Large & Mid Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	24.36%
Services	20.839999999999996%
Technology	9.74%
Healthcare	8.55%
Consumer Staples	8.049999999999999%
Automobile	6.76%
Insurance	3.63%
Capital Goods	3.4799999999999995%
Consumer Discretionary	3.24%
Construction	3.1599999999999997%

What is risk level of Franklin India Large & Mid Cap Fund?

This is a Large & Midcap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Franklin India Large & Mid Cap Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Franklin India Large & Mid Cap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Franklin India Large & Mid Cap Fund is complete.

How can I redeem my investments in Franklin India Large & Mid Cap Fund?

Redeeming your investments in the Franklin India Large & Mid Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Large & MidCap

#NA

Return Outperformance: This fund has generated highest return amongst Large & MidCap funds in the last 2 Years.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 10.42% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 1 year