EquityValue FundRegularGrowthVery High

Templeton India Value Fund

Q: What is the NAV of Templeton India Value Fund?

As of 05 Oct 2026, the NAV of Templeton India Value Fund is ₹651.90 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Templeton India Value Fund delivered?

Templeton India Value Fund has returned -8.29% over 1 year, +7.18% per year over 3 years, +10.27% per year over 5 years and +12.30% 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 Templeton India Value Fund?

Templeton India Value Fund charges an expense ratio of 2.24% 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 Templeton India Value Fund?

Templeton India Value Fund's largest holdings are HDFC Bank Ltd (7.4%), Axis Bank Ltd (7.0%), ICICI Bank Ltd (5.9%), Reliance Industries Ltd (5.0%) and Tata Consultancy Services Ltd (4.6%). Holdings are disclosed monthly and change over time.

Q: How risky is Templeton India Value Fund?

Templeton India Value 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 -59.1%. 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 0.05 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Templeton India Value Fund's 0.05 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Templeton India Value Fund?

Templeton India Value Fund is benchmarked against the Nifty 500. Its alpha and beta on this page are measured against that index.

Q: Who manages Templeton India Value Fund?

Templeton India Value Fund is managed by Sandeep Manam, Rajasa Kakulavarapu and Ajay Argal at Franklin Templeton.

Q: How is Templeton India Value Fund taxed?

Templeton India Value 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 Value Mutual Funds

NAV

₹651.90

+0.47% 1D

as of 05 Oct 2026

This is the Regular plan of Templeton India Value 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.

Compare SIP calculator

Performance

-8.65%absolute

52-week rangePrev NAV ₹648.84

Latest ₹651.90

Low ₹646.365th percentile of its 52-week rangeHigh ₹749.70

Scorecard

★★☆☆☆2/5 vs 21 of 23 Value Fund 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 Value Fund (same plan and option). 21 of the 23 Value Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceBelow avg

3Y CAGR +7.18% · ranks 19 of 21 Value Funds

RiskModerate

Volatility 13.2% vs 14.4% category avg

CostAverage

2.2% expense vs 2.4% category avg

ConsistencyHigh

91% 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

Consistent — positive in 91% of rolling 3-year windows

Concerns

Trails the Value Fund average on 1M/3M/6M/1Y — 1Y by 7.33pp
3-year return (+7.18%) trails the Value Fund average (+11.15%)
Ranks #20 of 22 on 1-year return in its Value Fund cohort
Weaker risk-adjusted returns — Sharpe 0.05 below the Value Fund average of 0.31

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.24%

Category 2.41%▼0.17%

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

14.70

Category —

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

0.05

Category 0.31▼0.26

Scheme Info

Definitions

Plan

Regular · Growth

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

None

In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment

1.00%

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 500

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)

-5.15%

Absolute return over the last 3 months (not annualized)

-7.40%

Absolute return over the last 6 months (not annualized)

-1.18%

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

-12.23%

Annualized returns (≥1Y — CAGR)

Definitions

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

-8.29%

3-year annualized return (CAGR)

+7.18%

5-year annualized return (CAGR)

+10.27%

10-year annualized return (CAGR)

+11.48%

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.

+12.30%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.17%

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

0.05

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

0.07

Largest peak-to-trough decline over full history

-59.11%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-2.44%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.91

How much of the fund's movement Nifty 500 TRI explains

93.4%

Excess return per unit of beta (market risk)

0.36

Active return over the benchmark per unit of tracking error

-0.71

Annualized std dev of fund-minus-benchmark returns

4.08%

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

85.8%

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

94.6%

Computed vs the Nifty 500 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 (Value Fund)

Period	Fund	Category avg.	Diff
1M abs	-5.15%	-4.61%	-0.54%
3M abs	-7.40%	-4.21%	-3.19%
6M abs	-1.18%	+7.03%	-8.21%
1Y CAGR	-8.29%	-0.96%	-7.33%
3Y CAGR	+7.18%	+11.15%	-3.97%
5Y CAGR	+10.27%	+10.45%	-0.18%

Category average across peers in Value Fund (up to 23 funds with data), 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 23 peers in Value Fund

1Y return

-8.29%

Beats 9.5% · rank #20

3Y return

+7.18%

Beats 10% · rank #19

5Y return

+10.27%

Beats 37.5% · rank #11

Sharpe

0.05

Beats 10% · rank #19

Sortino

0.07

Beats 10% · rank #19

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

₹7.02L

Absolute

+16.98%

XIRR

+6.41%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Templeton India Value 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 500 TRI	Diff
2026part	-12.23%	-7.18%	-5.05%
2025	+6.84%	+7.94%	-1.10%
2024	+15.19%	+16.43%	-1.24%
2023	+33.72%	+27.43%	+6.29%
2022	+15.46%	+4.34%	+11.12%
2021	+44.54%	+31.59%	+12.95%
2020	+11.50%	+18.33%	-6.83%
2019	-0.31%	+8.95%	-9.26%
2018	-12.82%	-2.33%	-10.49%
2017	+37.65%	+37.35%	+0.30%

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

5,043

Expense ratio

2.24%

AUM

₹2,110Cr

Portfolio turnover

31%

Exit load

In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment

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

P/E ratio

14.7

P/B ratio

2.7

Avg market cap

₹3,95,096Cr

P/E & P/B are portfolio-weighted harmonic means across 38 of 47 equity holdings (80% 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 · Value Fund

Compare all


Templeton India Value FundThis fund Franklin Templeton · Regular · Growth	★★☆☆☆	-8.29%	+7.18%	+10.27%	—	2.24%	₹2,110Cr
Quant Value Fund quant · Regular · Growth	★★★★☆	+10.34%	+18.08%	—	—	2.44%	₹1,784Cr
LIC MF Value Fund LIC · Regular · Growth	★★★☆☆	+17.49%	+15.91%	—	—	3.22%	₹212.81Cr
Axis Value Fund Axis · Regular · Growth	★★★★★	+3.64%	+15.56%	+13.59%	—	2.27%	₹1,552Cr
DSP Value Fund DSP · Regular · Growth	★★★★★	+2.62%	+14.46%	+11.39%	—	2.41%	₹1,772Cr
HDFC Value Fund HDFC · Regular · Growth	★★★★☆	+3.02%	+14.12%	+11.90%	—	1.88%	₹7,330Cr

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap58.3%
Mid cap20.6%
Small cap21.1%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity92.95%
Cash & Equivalents4.38%
Real Estate / REITs2.67%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Bandhan Value Fund Bandhan · Value Fund	47.0%	★★★☆☆	0.95%	+9.61%
HDFC Conservative Hybrid Fund HDFC · Conservative Hybrid Fund	46.7% of 19% equity	★★★☆☆	1.18%	+6.99%
Sundaram Value Fund Sundaram · Value Fund	46.1%	★☆☆☆☆	1.78%	+5.78%
BANDHAN ELSS - Tax Saver Fund Bandhan · ELSS	46.0%	★★★☆☆	0.93%	+8.82%
Bandhan Flexi Cap Fund Bandhan · Flexi Cap Fund	45.8%	★★☆☆☆	1.52%	+9.66%
Nippon India Nifty 50 Value 20 Index Fund Nippon India · Index Funds	45.1%	★★☆☆☆	0.51%	+4.04%
Nippon India ETF Nifty 50 Value 20 Nippon India · Other ETFs	45.1%	—	0.47%	+4.11%
ICICI Prudential Nifty50 Value 20 Index Fund ICICI Prudential · Index Funds	45.1%	★☆☆☆☆	0.49%	—

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.

-59.1%04 Jan 2008 → 09 Mar 2009
Fell over 14 months, back to the old high on 05 Jan 2010 — 10 months under water after the low.
-48.8%23 Jan 2018 → 23 Mar 2020
Fell over 2.2 years, back to the old high on 12 Jan 2021 — 10 months under water after the low.
-33.7%10 Nov 2010 → 20 Dec 2011
Fell over 13 months, back to the old high on 12 May 2014 — 2.4 years 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.

Fund size over time

Quarterly average AUM · AMFI

₹2,110Cr

April - June 2026

-5%

since January - March 2026

+₹13.25Cr

est. net flow, last quarter

At or near its largest, ₹2,220Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

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 →

RKRajasa KakulavarapuStart date not disclosed

Role

Vice President & Portfolio Manager

Education

B.Tech. (ECE) from NIT, Jaipur and MBA from Indian Institute support and of Management, Ahmedabad

Experience

Vice President & Sr Research Analyst & Portfolio Manager She is responsible for equity research support and fund management. (based at Chennai) Prior Assignments: • Franklin Templeton Asset Management (India) Pvt. Ltd. (Since 2016 till date): AVP/Senior Research Analyst. • Jefferies India Pvt. Ltd. (June 2011 to March 2016) • Credit Suisse Securities (India) Pvt. Ltd. (May 2008 to June 2011) Vice President & Portfolio Manager, Fixed Income

Funds managed (12)

All schemes Rajasa Kakulavarapu runs →

AAAjay ArgalStart date not disclosed

Role

Senior Vice President & Portfolio Manager

Education

PGDM, IIM Bangalore. IIT Bombay, Bachelor of Technology MBA, University of Oxford.

Experience

Senior Vice President & Portfolio Manager (based at Chennai) He is responsible for Fund Management. Prior Assignments: Baring Asset Management (Asia) Ltd., Hong Kong (September 2011 to March 2019) Responsible for Fund Management of Baring India Fund Birla Sunlife Mutual Fund (December 2005 to August 2011) He was responsible for Fund Management of India Excel Fund and India Advantage Fund. AVP & Senior Research Analyst (based at Chennai)

Funds managed (7)

All schemes Ajay Argal 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 Rajasa Kakulavarapu Ajay Argal

Top holdings

HDFC Bank Ltd Axis Bank Ltd ICICI Bank Ltd Reliance Industries Ltd Tata Consultancy Services Ltd Cipla Ltd Infosys Ltd Maruti Suzuki India Ltd IDFC First Bank Ltd RBL Bank Ltd REC Ltd Oil & Natural Gas Corporation 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.

Run SIP calculator Add to compare

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 Value funds

Value funds look for stocks trading below what the manager thinks they're worth. The style can lag for long stretches and then catch up quickly, so it rewards patience.

Frequently asked questions

What is the NAV of Templeton India Value Fund?

As of 05 Oct 2026, the NAV of Templeton India Value Fund is ₹651.90 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Templeton India Value Fund delivered?

Templeton India Value Fund has returned -8.29% over 1 year, +7.18% per year over 3 years, +10.27% per year over 5 years and +12.30% 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 Templeton India Value Fund?

Templeton India Value Fund charges an expense ratio of 2.24% 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 Templeton India Value Fund?

Templeton India Value Fund's largest holdings are HDFC Bank Ltd (7.4%), Axis Bank Ltd (7.0%), ICICI Bank Ltd (5.9%), Reliance Industries Ltd (5.0%) and Tata Consultancy Services Ltd (4.6%). Holdings are disclosed monthly and change over time.

How risky is Templeton India Value Fund?

Templeton India Value 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 -59.1%. 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 0.05 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Templeton India Value Fund's 0.05 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Templeton India Value Fund?

Templeton India Value Fund is benchmarked against the Nifty 500. Its alpha and beta on this page are measured against that index.

Who manages Templeton India Value Fund?

Templeton India Value Fund is managed by Sandeep Manam, Rajasa Kakulavarapu and Ajay Argal at Franklin Templeton.

How is Templeton India Value Fund taxed?

Templeton India Value 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.