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Franklin India NSE Nifty 50 Index Fund

Q: What is the NAV of Franklin India NSE Nifty 50 Index Fund?

As of 01 Oct 2026, the NAV of Franklin India NSE Nifty 50 Index Fund is ₹181.95 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Franklin India NSE Nifty 50 Index Fund delivered?

Franklin India NSE Nifty 50 Index Fund has returned -9.20% over 1 year, +5.11% per year over 3 years, +5.61% per year over 5 years and +9.66% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Franklin India NSE Nifty 50 Index Fund?

Franklin India NSE Nifty 50 Index Fund charges an expense ratio of 0.67% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Franklin India NSE Nifty 50 Index Fund?

Franklin India NSE Nifty 50 Index Fund's largest holdings are HDFC Bank Ltd (9.8%), ICICI Bank Ltd (9.4%), Reliance Industries Ltd (7.8%), Bharti Airtel Ltd (5.0%) and Larsen & Toubro Ltd (4.3%). Holdings are disclosed monthly and change over time.

Q: How risky is Franklin India NSE Nifty 50 Index Fund?

Franklin India NSE Nifty 50 Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.2% and its worst peak-to-trough fall in our sample was -59.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -0.11 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Franklin India NSE Nifty 50 Index Fund's -0.11 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Franklin India NSE Nifty 50 Index Fund?

Franklin India NSE Nifty 50 Index Fund is benchmarked against the Nifty 50. Its alpha and beta on this page are measured against that index.

Q: Who manages Franklin India NSE Nifty 50 Index Fund?

Franklin India NSE Nifty 50 Index Fund is managed by Sandeep Manam and Shyam Sundar Sriram at Franklin Templeton.

Q: How is Franklin India NSE Nifty 50 Index Fund taxed?

Franklin India NSE Nifty 50 Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Franklin Templeton Mutual Fund · Best Index Funds

NAV

₹181.95

-0.87% 1D

as of 01 Oct 2026

This is the Regular plan of Franklin India NSE Nifty 50 Index Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-8.36%CAGR

52-week rangePrev NAV ₹183.56

Latest ₹181.95

Low ₹180.265th percentile of its 52-week rangeHigh ₹212.54

Scorecard

★★★☆☆3/5 vs 174 of 373 Index Funds peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Index Funds (same plan and option). 174 of the 373 Index Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceBelow avg

3Y CAGR +5.11% · ranks 156 of 174 Index Funds

RiskModerate

Volatility 13.2% vs 12.3% category avg

CostLow

0.7% expense vs 1.0% category avg

ConsistencyHigh

98% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Low expense ratio (0.67%) vs the Index Funds average of 0.96%
Consistent — positive in 98% of rolling 3-year windows

Concerns

Trails the Index Funds average on 1M/3M/6M/1Y — 1Y by 8.73pp
3-year return (+5.11%) trails the Index Funds average (+8.56%)
5-year return (+5.61%) trails the Index Funds average (+8.07%)
Ranks #278 of 322 on 1-year return in its Index Funds cohort
Weaker risk-adjusted returns — Sharpe -0.11 below the Index Funds average of 0.33

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.67%

Category 0.96%▼0.29%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

18.61

Category —

Excess return per unit of total volatility (rf = 6.5%)

-0.11

Category 0.33▼0.44

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Nifty 50

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

03 Apr 2006

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-6.76%

Absolute return over the last 3 months (not annualized)

-6.40%

Absolute return over the last 6 months (not annualized)

-0.61%

Absolute return since 1 Jan of this year (not annualized)

-13.74%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-9.20%

3-year annualized return (CAGR)

+5.11%

5-year annualized return (CAGR)

+5.61%

10-year annualized return (CAGR)

+10.29%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+9.66%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.21%

Excess return per unit of total volatility (rf = 6.5%)

-0.11

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-0.15

Largest peak-to-trough decline over full history

-59.53%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

-0.72%

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

0.99

How much of the fund's movement Nifty 50 TRI explains

100.0%

Excess return per unit of beta (market risk)

-1.08

Active return over the benchmark per unit of tracking error

-2.24

Annualized std dev of fund-minus-benchmark returns

0.34%

Fund's share of benchmark gains in up months (100 = matches index)

97.8%

Fund's share of benchmark losses in down months (lower is better)

101.5%

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Index Funds)

Period	Fund	Category avg.	Diff
1M abs	-6.76%	-4.54%	-2.22%
3M abs	-6.40%	-2.98%	-3.42%
6M abs	-0.61%	+5.27%	-5.88%
1Y CAGR	-9.20%	-0.47%	-8.73%
3Y CAGR	+5.11%	+8.56%	-3.45%
5Y CAGR	+5.61%	+8.07%	-2.46%

Category average across peers in Index Funds (365 of 373 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 373 peers in Index Funds

1Y return

-9.20%

Beats 13.7% · rank #278

3Y return

+5.11%

Beats 10.4% · rank #156

5Y return

+5.61%

Beats 20.4% · rank #40

Sharpe

-0.11

Beats 11.1% · rank #153

Sortino

-0.15

Beats 11.1% · rank #153

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.54L

Absolute

+8.99%

XIRR

+3.51%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Franklin India NSE Nifty 50 Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 50 TRI	Diff
2026part	-13.74%	-12.85%	-0.89%
2025	+11.27%	+11.97%	-0.70%
2024	+9.48%	+10.16%	-0.68%
2023	+20.25%	+21.69%	-1.44%
2022	+4.94%	+5.68%	-0.74%
2021	+24.29%	+25.49%	-1.20%
2020	+14.75%	+16.57%	-1.82%
2019	+12.00%	+13.43%	-1.43%
2018	+3.16%	+4.40%	-1.24%
2017	+28.28%	+30.12%	-1.84%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

5,047

Expense ratio

0.67%

Portfolio turnover

Exit load

Nil

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

18.6

P/B ratio

4.1

Avg market cap

₹6,31,464Cr

P/E & P/B are portfolio-weighted harmonic means across 47 of 50 equity holdings (97% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Index Funds

Compare all


Franklin India NSE Nifty 50 Index FundThis fund Franklin Templeton · Regular · Growth	★★★☆☆	-9.20%	+5.11%	+5.61%	—	0.67%	—
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential · Regular · Growth	★★★★★	+32.29%	+33.12%	+20.04%	—	1.06%	₹3,348Cr
Motilal Oswal S&P 500 Index Fund Motilal Oswal · Regular · Growth	★★★★★	+23.73%	+27.06%	+18.06%	—	1.04%	—
ICICI Prudential Nifty Pharma Index Fund ICICI Prudential · Regular · Growth	★★★★★	+20.43%	+18.76%	—	—	1.18%	₹121.63Cr
UTI Nifty 500 Value 50 Index Fund UTI · Regular · Growth	★★★★☆	+3.67%	+18.19%	—	—	1.19%	₹729.68Cr
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Edelweiss · Regular · Growth	★★★★★	+17.16%	+17.87%	+12.94%	—	1.10%	—

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap97.5%
Mid cap2.5%
Small cap0.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.69%
Cash & Equivalents0.31%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Aditya Birla Sun Life Nifty 50 Index Fund Aditya Birla Sun Life · Index Funds	100.0%	★★★☆☆	0.23%	+5.50%
ICICI Prudential Nifty 50 Index Fund ICICI Prudential · Index Funds	100.0%	★★★☆☆	0.24%	+5.46%
Mirae Asset Nifty 50 Index Fund Mirae Asset · Index Funds	100.0%	★★☆☆☆	0.24%	—
JioBlackRock Nifty 50 Index Fund Jio BlackRock · Index Funds	100.0%	★★☆☆☆	0.22%	—
Angel One Nifty 50 Index Fund Angel One · Index Funds	100.0%	★★☆☆☆	0.25%	—
Angel One Nifty 50 ETF Angel One · Other ETFs	100.0%	—	0.18%	—
Groww Nifty 50 Index Fund Groww · Index Funds	100.0%	★★☆☆☆	0.46%	—
Bandhan Nifty 50 Index Fund Bandhan · Index Funds	99.9%	★★★☆☆	0.16%	+5.52%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-59.5%08 Jan 2008 → 27 Oct 2008
Fell over 10 months, back to the old high on 01 Nov 2013 — 5.0 years under water after the low.
-37.7%14 Jan 2020 → 23 Mar 2020
Fell over 2 months, back to the old high on 09 Nov 2020 — 8 months under water after the low.
-29.7%10 May 2006 → 14 Jun 2006
Fell over 35 days, back to the old high on 30 Oct 2006 — 5 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

Franklin Templeton Mutual Fund is the Indian arm of Franklin Resources, the US manager, and has operated here since 1996. In April 2020 it wound up six of its Indian debt schemes — the largest such closure the industry has seen — and returned the money to unitholders over the following years.

Launched

18 Feb 1996

Total AUM

₹1,26,017Cr+2.0% QoQ

Avg AUM · April - June 2026

Website

franklintempletonindia.com

Fund Managers

SMSandeep ManamStart date not disclosed

Role

VP & Senior Research Analyst

Education

PGDM- IIM- Ahmedabad B.Tech (Electronics & (based at Chennai) Franklin Equity Team and also the Engg.)- National Institute of Technology Calicut

Experience

He is responsible for researching investment opportunities in automotive and airline sectors. Prior Assignments: Cognizant Technology Solutions (April 2014- July 2015) He was supporting UBS lead analyst in covering Indian Auto, Auto component sectors. Also supported coverage of Indian Pharma companies. Shapoorji Pallonji & Company Private Limited (April 2011- March 2014) He was responsible for supporting the Group’s Head (Strategy) in driving strategy at the group and company level..

Funds managed (20)

All schemes Sandeep Manam runs →

SSShyam Sundar SriramStart date not disclosed

Role

Associate Vice President Equities

Education

PGDM (IIM Ahmedabad) equivalent to MBA B.E (Electronics and Communication College of Engineering, Guindy, Anna University)

Experience

Associate Vice President – Equities of Franklin Templeton Asset Management (India) Pvt. Ltd (based in Chennai) – Since Oct 2022- till date. He is responsible for research in Cement and Consumer Discretionary sectors. Prior Assignments: Equity Analyst at Sundaram Mutual Fund – March 2018-Sep 2022 Equity Analyst at JM financial – Jul 2015 -Feb 2018 Equity associate – Cognizant technology (for UBS, Mumbai) – Jan 2014 - Aug 2014 Associate Vice President – IIFL wealth management Jun 2011 – Nov 2013. Sr. Manager / Research Analyst, Emerging Markets

Funds managed (1)

Franklin Asian Equity Fund

All schemes Shyam Sundar Sriram runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Sandeep Manam Shyam Sundar Sriram

Top holdings

HDFC Bank Ltd ICICI Bank Ltd Reliance Industries Ltd Bharti Airtel Ltd Larsen & Toubro Ltd State Bank of India Infosys Ltd Axis Bank Ltd Kotak Mahindra Bank Ltd Mahindra & Mahindra Ltd Bajaj Finance Ltd ITC Ltd

Franklin Templeton in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Index funds & ETFs

Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.

Frequently asked questions

What is the NAV of Franklin India NSE Nifty 50 Index Fund?

As of 01 Oct 2026, the NAV of Franklin India NSE Nifty 50 Index Fund is ₹181.95 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Franklin India NSE Nifty 50 Index Fund delivered?

Franklin India NSE Nifty 50 Index Fund has returned -9.20% over 1 year, +5.11% per year over 3 years, +5.61% per year over 5 years and +9.66% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Franklin India NSE Nifty 50 Index Fund?

Franklin India NSE Nifty 50 Index Fund charges an expense ratio of 0.67% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Franklin India NSE Nifty 50 Index Fund?

Franklin India NSE Nifty 50 Index Fund's largest holdings are HDFC Bank Ltd (9.8%), ICICI Bank Ltd (9.4%), Reliance Industries Ltd (7.8%), Bharti Airtel Ltd (5.0%) and Larsen & Toubro Ltd (4.3%). Holdings are disclosed monthly and change over time.

How risky is Franklin India NSE Nifty 50 Index Fund?

Franklin India NSE Nifty 50 Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.2% and its worst peak-to-trough fall in our sample was -59.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -0.11 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Franklin India NSE Nifty 50 Index Fund's -0.11 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Franklin India NSE Nifty 50 Index Fund?

Franklin India NSE Nifty 50 Index Fund is benchmarked against the Nifty 50. Its alpha and beta on this page are measured against that index.

Who manages Franklin India NSE Nifty 50 Index Fund?

Franklin India NSE Nifty 50 Index Fund is managed by Sandeep Manam and Shyam Sundar Sriram at Franklin Templeton.

How is Franklin India NSE Nifty 50 Index Fund taxed?

Franklin India NSE Nifty 50 Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.