December 31, 2025
RA Jainee
Franklin India Mid Cap Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 3138.69 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 114.00 |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 12 |
| Benchmark | NIFTY Midcap 150 TRI |
| AUM Rs. | 12,911 Cr |
| (As on 30-Nov-2025) | |
| Expense | 0.98% |
| 1 Year Return (%) | 1.68 |
| 3 Year Return (%) | 22.99 |
| 5 Year Return (%) | 20.70 |
| 10 Year Return (%) | 16.26 |
| Return Since Launch | 18.83% |
⚖️ Sahifund Review – Franklin India Mid Cap Fund
✓ PLUS: Stability, track record, diversified mid-cap exposure
Franklin India Mid Cap Fund carries a strong long-term track record with consistent wealth creation across market cycles, delivering healthy 3-year, 5-year and 10-year returns. The fund follows a well-diversified mid-cap strategy, with a large number of stocks and low concentration risk, helping contain volatility. Moderate portfolio churn reflects a disciplined, patient investment approach, suitable for long-term SIP investors.
⚖️ MINUS: Large AUM, average short-term performance, valuation sensitivity
With AUM close to Rs. 13,000 crore, agility in capturing sharp mid-cap rallies may be constrained. Recent 1-year returns have been muted, indicating momentum lag versus aggressive peers. Portfolio valuations are moderately elevated, which could impact near-term performance during market corrections.
Sahifund Verdict:
A steady mid-cap compounder best suited for investors seeking consistency over aggression, with a 7+ year horizon and strong risk tolerance.
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| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
Mid-cap funds are suitable for investors:
1. Seeking exposure in mid-cap stocks for high returns
2. Aiming for long-term wealth creation
3. With a 7+ year investment horizon
4. Who can withstand interim sharp declines in investment value
Note:
• Invest only through SIP
Fund’s Investment Strategy:
An open-end growth scheme with an objective to provide medium to long term capital appreciation as a primary objective and income as a secondary objective.
Fund Manager:
1) Akhil Kalluri
Education: Mr. Kalluri is a MBA, IIM Lucknow. B.Tech. (Electronics and Communications Engineering), Andhra University
Experience: Prior to joining Franklin Templeton Mutual Fund, he has worked with Credit Suisse, ICICI Securities.
2) R Janakiraman
Education: Mr. Janakiraman is a B.E and PGDM (Business Management).
Experience: 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 Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details of Franklin India Mid Cap Fund
| Fund House | Franklin Templeton Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 18.83% |
| Benchmark | NIFTY Midcap 150 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 12,911 Cr |
| (As on 30-Nov-2025) | |
| Expense | 0.98% |
| (As on 30-Nov-2025) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 28.63% |
Trailing Returns (%) of Franklin India Mid Cap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India Mid Cap Dir | 1.52 | -0.43 | -1.44 | 4.29 | -0.79 | 1.68 | 22.99 | 20.70 | 18.01 | 16.26 |
| BSE 150 MidCap TRI | 2.80 | -0.04 | -1.50 | 3.59 | 0.23 | 2.92 | 22.87 | 23.46 | 20.33 | 17.87 |
| Equity: Mid Cap | 1.98 | -0.37 | -2.06 | 3.36 | -0.68 | 2.15 | 22.34 | 22.52 | 20.06 | 17.13 |
| Rank within category | 29 | 41 | 10 | 26 | 32 | 30 | 20 | 19 | 18 | 13 |
| Number of funds in category | 48 | 57 | 55 | 54 | 52 | 48 | 40 | 25 | 22 | 19 |
Peer Comparison of FrFranklin India Mid Cap Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Franklin India Mid Cap Dir | 3 star | 1.68 | 22.99 | 20.70 | 0.98 | 12,911 | 18.83 | 1.00 (365) | 12Y 11M | 28.63 |
| HDFC Mid Cap Dir | 5 star | 6.45 | 26.03 | 26.18 | 0.71 | 92,169 | 20.93 | 1.00 (365) | 12Y 11M | 13.07 |
| Kotak Midcap Dir | 4 star | 1.71 | 22.18 | 23.73 | 0.37 | 60,480 | 20.40 | 1.00 (365) | 12Y 11M | 24.73 |
| Nippon India Growth Mid Cap Dir | 4 star | 3.61 | 25.56 | 25.58 | 0.73 | 42,042 | 18.48 | 1.00 (30) | 12Y 11M | 6.00 |
| Motilal Oswal Midcap Dir | 5 star | -12.51 | 25.87 | 28.78 | 0.72 | 38,003 | 22.65 | 1.00 (365) | 11Y 10M | 124.00 |
Portfolio Analysis of Franklin India Mid Cap Fund
| No. of Stocks | 88 |
| Top 10 Stocks | 21.87% |
| Top 5 Stocks | 12.64% |
| Top 3 Sectors | 53.27% |
| Portfolio P/B Ratio | 4.21 |
| Portfolio P/E Ratio | 33.50 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 62,353 | 64,456 |
| Giant (%) | 6.22 | 5.25 |
| Large (%) | 29.91 | 40.03 |
| Mid (%) | 62.66 | 55.71 |
| Small (%) | 1.21 | 4.06 |
| Tiny (%) | — | 2.05 |
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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