Franklin India Multi-Factor Fund
Franklin Templeton Mutual Fund · Best Sectoral & Thematic Mutual Funds
This is the Regular plan of Franklin India Multi-Factor Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.
Performance
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Sectoral/ Thematic)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -7.17% | — | — |
| 3M abs | -7.05% | — | — |
| 6M abs | -0.47% | — | — |
| 1Y CAGR | — | — | — |
| 3Y CAGR | — | — | — |
| 5Y CAGR | — | — | — |
Category average across peers in Sectoral/ Thematic, 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.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
10 monthly installments of ₹10,000 into Franklin India Multi-Factor 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 | -12.36% | -7.18% | -5.18% | |
| 2025part | +0.76% | — | — |
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.
Recent changes
Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.
- Expense ratio up: 2.74% → 2.80%02 Oct 2026
Taxation
Taxed as equityThis 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.
Flat, on the whole gain
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity99.39%
- Cash & Equivalents0.61%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹548.34Cr in April - June 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.
Fund Managers
AJArihant JainManaging since 28 Nov 2025
Portfolio Manager/Senio r Investment Analyst
Bachelor of Engineering (Hons), BITS Pilani CFA Charter Holder, CFA Institute
8 Portfolio Manager/Senior Investment Analyst (based in Mumbai). • Daily oversight of live portfolios; track quantitative model outputs and identify significant drifts or anomalies, adjusting strategies as necessary to maintain alignment with investment objectives. years of including assignments held Experience during the last 10 years • Partner with traders to ensure timely and efficient execution of trades, minimizing transaction costs and market impact. • Helping in providing thought leadership in the portfolio construction, traditional quantitative, ESG and alternative factors Prior Assignments (last 10 years): Senior Investment Analyst – Franklin Templeton Services (India) Pvt Ltd (2022 - July 08, 2025) • Design solutions and the management of data processes for investment systems and implementation of quantitative models geared to factor based (traditional and ESG) quantitative equities, risk premia, multi asset portfolios and/or Volatility management • Work with Research, Global Portfolio Managers, and Investment Platform teams to design products and custom solutions for institutional portfolios • Work cross-functionally with investment professionals to refine and improve existing investment processes, years of including assignments held Experience during the last 10 years enhancing overall quality, performance, and efficiency. Senior Associate – MSCI (2020-2022) • Involved in Quantitative research that supports new and existing indexes, including factor indexes. • Co-authored two paper – o Value’s Lost Decade: Learning from Value Strategies’ Behavior over Two Contrasting Decades o Managing Portfolios in a LowRates Age Analyst - Morgan Stanley (2018-2020) • Involved in developing market neutral strategy for the equity market, to extract alpha. Quant Research Analyst – Quant One (2017-2018) Devised a strategy based on long-term momentum indicator and optimized the results using machine learning to effectively capture alpha in the market.
MJMukesh JainManaging since 12 Jan 2026
Senior Manager – Portfolio Manager/ Equity Trader
Postgraduate in Finance B.Tech. (ECE) from NIT, Jaipur and MB
Senior Manager Portfolio Manager/ Equity Trader (based at Chennai). Prior Assignments (last 10 years): • EQUIRUS – AVP, Equity September 2018 - June 2025. • Anand Rathi Institutional Derivatives Dealer - January 2017 - August 2018. Religare Securities - Deputy Manager – August 2011 – December 2016. Vice President & Research Analyst
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and 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.
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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 Sectoral & Thematic funds
Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.
Frequently asked questions
What is the NAV of Franklin India Multi-Factor Fund?
As of 01 Oct 2026, the NAV of Franklin India Multi-Factor Fund is ₹8.83 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Franklin India Multi-Factor Fund delivered?
Franklin India Multi-Factor Fund has returned -11.69% 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 Multi-Factor Fund?
Franklin India Multi-Factor Fund charges an expense ratio of 2.80% 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 Multi-Factor Fund?
Franklin India Multi-Factor Fund's largest holdings are HDFC Bank Ltd (5.9%), ICICI Bank Ltd (5.0%), Reliance Industries Ltd (4.3%), Larsen & Toubro Ltd (3.5%) and Bharti Airtel Ltd (2.9%). Holdings are disclosed monthly and change over time.
How risky is Franklin India Multi-Factor Fund?
Franklin India Multi-Factor Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.5% and its worst peak-to-trough fall in our sample was -14.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Franklin India Multi-Factor Fund?
Franklin India Multi-Factor Fund is benchmarked against the BSE 200 TRI. Its alpha and beta on this page are measured against that index.
Who manages Franklin India Multi-Factor Fund?
Franklin India Multi-Factor Fund is managed by Arihant Jain and Mukesh Jain at Franklin Templeton.
How is Franklin India Multi-Factor Fund taxed?
Franklin India Multi-Factor 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.