Top Franklin Templeton Mutual Funds in India – Meaning, Full Form & NAV
Franklin Templeton Mutual Fund operates in India with a presence of 290+ locations and services over 23 lakh investors. As per publicly disclosed information, the AMC manages over ₹1,20,000 crore in assets across equity, hybrid, fixed-income, and global schemes, each functioning with distinct mandates and category-specific characteristics.
List of Top Franklin Templeton Mutual Funds for 2025
Here are the top Franklin MFs in India for 2025, sorted as per their AUM.
| Name | AUM | NAV | Absolute Returns - 3M | Absolute Returns - 1Y | CAGR 3Y | CAGR 5Y | Expense Ratio | Exit Load | Volatility |
|---|---|---|---|---|---|---|---|---|---|
| Franklin India Flexi Cap Fund | 19796.2 | 1871.5 | 2.2 | 8.2 | 19.1 | 22.2 | 0.9 | 1.0 | 12.7 |
| Franklin India Small Cap Fund | 13789.5 | 191.5 | -0.7 | -0.5 | 22.3 | 27.2 | 0.9 | 1.0 | 16.0 |
| Franklin India Mid Cap Fund | 12770.1 | 3160.7 | 1.6 | 7.4 | 23.8 | 22.7 | 0.9 | 1.0 | 15.3 |
| Franklin India Focused Equity Fund | 12303.0 | 125.6 | 1.6 | 9.4 | 17.1 | 22.0 | 1.0 | 1.0 | 12.3 |
| Franklin India Opportunities Fund | 8188.6 | 289.0 | 1.9 | 10.7 | 30.8 | 26.5 | 0.5 | 1.0 | 14.0 |
| Franklin India Large Cap Fund | 7925.0 | 1179.0 | 2.3 | 10.0 | 16.0 | 17.2 | 1.1 | 1.0 | 12.3 |
| Franklin India ELSS Tax Saver Fund | 6787.6 | 1689.6 | 2.2 | 7.4 | 19.2 | 21.8 | 1.0 | 0.0 | 12.7 |
| Franklin India Multi Cap Fund | 5128.7 | 10.8 | 3.7 | 11.4 | 0.0 | 0.0 | 0.5 | 1.0 | 14.6 |
| Franklin U.S. Opportunities Equity Active FOF | 4520.2 | 87.7 | 0.8 | 7.0 | 23.9 | 11.1 | 0.6 | 1.0 | 24.1 |
| Franklin India Money Market Fund | 4440.2 | 53.2 | 1.5 | 7.7 | 7.7 | 6.2 | 0.1 | 0.0 | 0.4 |
| Franklin India Large & Mid Cap Fund | 3529.2 | 215.9 | 0.7 | 9.5 | 18.6 | 19.9 | 1.3 | 1.0 | 13.6 |
| Franklin India Liquid Fund-Super | 3235.9 | 4056.0 | 1.5 | 6.8 | 7.1 | 5.8 | 0.1 | 0.0 | 0.1 |
| Franklin Build India Fund | 2946.9 | 167.3 | 2.3 | 8.0 | 27.9 | 31.0 | 1.0 | 1.0 | 15.2 |
| Franklin India Balanced Advantage Fund | 2840.7 | 15.4 | 1.9 | 8.6 | 14.7 | 0.0 | 0.5 | 1.0 | 6.5 |
| Franklin India Dividend Yield Fund | 2416.6 | 152.5 | 1.9 | 2.9 | 18.4 | 23.4 | 1.2 | 1.0 | 11.0 |
Disclaimer: Please note that the above list of the Franklin Templeton mutual funds is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.
Note: The data on the list of the best Franklin Templeton funds is from 20th November 2025. This data is derived from the Tickertape Mutual Funds Screener.
- AMC: Franklin Templeton Asset Management Limited
- Plan: Growth
- AUM: Sorted from highest to lowest
Pro Tip: You can use Tickertape’s Mutual Fund Screener to research and evaluate funds with over 50+ pre-loaded filters and parameters.
Overview of Top Franklin Templeton Mutual Funds
Franklin India Flexi Cap Fund
Franklin India Flexi Cap Fund invests across large, mid, and small-cap segments under a flexible allocation approach. Portfolio behaviour may reflect equity market conditions, sector mix, and valuation cycles. Outcomes vary over time based on stock selection, market trends, and the scheme’s investment framework.
Franklin India Small Cap Fund
Franklin India Small Cap Fund focuses on companies classified as small-cap under SEBI guidelines. Returns and volatility may fluctuate with sentiment, earnings cycles, and liquidity trends in the small-cap universe. The portfolio structure evolves based on research insights, the diversification approach, and market conditions.
Franklin India Mid Cap Fund
Franklin India Mid Cap Fund invests in mid-sized companies defined under SEBI’s market capitalisation framework. Mid-cap schemes may experience periods of higher volatility depending on business fundamentals, valuation phases, and broader equity market behaviour. Allocation patterns, sector positions, and stock exposure may change over time.
Franklin India Focused Equity Fund
Franklin India Focused Equity Fund follows a concentrated strategy with a limited number of holdings. Performance may vary based on market cycles, sector movements, and portfolio allocation decisions. Focused strategies can exhibit return dispersion depending on stock-level outcomes and market sentiment over time.
Franklin India Opportunities Fund
Franklin India Opportunities Fund adopts an opportunity-driven approach, allocating across themes, sectors, and market capitalisation segments in line with the strategy. Fund behaviour may differ across market environments, driven by allocation, valuation trends, and macroeconomic conditions that influence equity outcomes.
Franklin India Large Cap Fund
Franklin India Large Cap Fund invests primarily in large-cap companies classified under SEBI rules. Scheme outcomes may reflect broader market stability, sector cycles, and business fundamentals of established companies. Allocation, stock selection, and valuation conditions influence how performance evolves over different periods.
Franklin India ELSS Tax Saver Fund
Franklin India ELSS Tax Saver Fund operates within the Equity-Linked Savings Scheme framework. As an equity-oriented category, market behaviour, valuation phases, and portfolio composition influence outcomes over time. The scheme follows the applicable lock-in requirement as per regulatory guidelines.
Franklin India Multi Cap Fund
Franklin India Multi Cap Fund invests across large-, mid-, and small-cap categories, with category-defined allocation requirements. Performance may reflect diversified exposure across segments, sector positioning, and market cycles. Portfolio structure may shift with valuation environments and the investment approach followed.
Franklin U.S. Opportunities Equity Active Fund of Fund
Franklin U.S. Opportunities Equity Active FOF invests in an underlying U.S. equity strategy with exposure to global market themes and growth-oriented sectors. Behaviour may vary with currency movement, U.S. economic cycles, global equity sentiment, and sector-level trends.
Franklin India Money Market Fund
Franklin India Money Market Fund invests in short-term money market instruments within SEBI-specified maturity limits. Outcomes generally reflect prevailing short-term interest rates, liquidity conditions, and regulatory frameworks. Portfolio composition may include treasury bills, commercial papers, and other short-duration securities.
Key Information About Franklin Templeton Asset Management
| Parameter | Details |
| Full Legal Name | Franklin Templeton Asset Management (India) Private Limited |
| Parent Organisation | Franklin Templeton Investments (Global) |
| Year of Establishment in India | 1996 |
| Registered Office | One World Center, Tower 2A, 12th & 13th Floor, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013 |
| Number of Investors | 23 lakh+ (2.3 million+) |
| Assets Under Management (AUM)* | ₹1,20,000 crore+ |
| Number of Schemes | 35+ |
| Product Categories | Equity, Hybrid, International FoFs, Others |
| Number of Servicing Branches | 290+ |
| Official Website | franklintempletonindia.com |
How to invest in Franklin Templeton Mutual Fund in India?
You can easily start to invest in Franklin Templeton mutual fund in India by following these steps:
- To invest in the best Franklin Templeton MF, you can visit a mutual fund investment platform such as smallcase.
- The next step is to research and identify the Franklin Templeton mutual funds that match your financial goals. Tools like the Tickertape Mutual Fund Screener can help you filter and compare funds based on parameters such as returns, expense ratio, and fund size.
- Once you shortlist the funds, visit smallcase, log in, and search for the fund by name. You can then choose the investment mode and complete the process.
Top Fund Managers of Franklin Templeton
Janakiraman Rengaraju
Janakiraman Rengaraju serves as Chief Investment Officer – Equity at Franklin Templeton Asset Management (India) Pvt. Ltd. His responsibilities include overseeing equity strategies, managing key portfolios, and guiding the overall equity investment process. His work reflects the organisation’s investment philosophy, research framework, and long-term approach to portfolio construction.
Ajay Argal
Ajay Argal was appointed Fund Manager in October 2021 and is also a Senior Portfolio Manager. His role includes managing selected equity strategies, evaluating market trends, and aligning portfolio positioning with the fund mandate. His responsibilities extend to ongoing review, stock research, and performance tracking under the AMC’s investment framework.
Kiran Sebastian
Kiran Sebastian is listed as a fund manager associated with Franklin Templeton’s equity offerings. His work involves portfolio oversight, stock-level analysis, and alignment with scheme objectives. Responsibilities also include applying research insights, tracking market developments, and maintaining consistency with the organisation’s investment policies and risk considerations.
Anand Vasudevan
Anand Vasudevan appears as a portfolio manager for select Franklin Templeton equity schemes. His role includes security selection, portfolio monitoring, and reviewing valuation and trend factors across sectors. His responsibilities align with the AMC’s equity investment process, including research-driven evaluation and adherence to regulatory and mandate-specific considerations.
Anil Prabhudas
Anil Prabhudas contributes as a fund manager for selected equity portfolios within Franklin Templeton’s India operations. His work includes analysing sector opportunities, monitoring holdings, and maintaining alignment with scheme objectives. Portfolio decisions may reflect changing market conditions, valuation dynamics, and the AMC’s investment process.
Roshi Jain
Roshi Jain serves as a fund manager for selected equity strategies at Franklin Templeton. Her responsibilities include evaluating investment opportunities, assessing company fundamentals, and managing portfolio allocations. Her work is aligned with the AMC’s equity framework, including ongoing monitoring and adherence to regulatory and mandate-driven requirements.
Venkatesh Sanjeevi
Appointed as Fund Manager in October 2021, Venkatesh Sanjeevi oversees assigned portfolios within Franklin Templeton’s equity ecosystem. His responsibilities include tracking sector behaviour, analysing potential opportunities, and managing scheme allocation patterns. His role reflects the AMC’s investment discipline and active portfolio oversight structure.
Sandeep Manam
Sandeep Manam was appointed Fund Manager in October 2021 and supports strategy implementation across select Franklin Templeton schemes. His responsibilities include research-driven evaluation, portfolio construction, and monitoring asset and sector exposure. His work aligns with the AMC’s investment approach, long-term framework, and regulatory compliance requirements.
Taxation on Franklin Templeton Mutual Funds
| Mutual Fund Category | Type of Gain | Holding Period | Applicable Tax Rate |
| Equity Funds (including flexi-cap, multi-cap, small-cap, mid-cap, large-cap, focused equity, ELSS) | Short-Term Capital Gains (STCG) | Less than 12 months | 20% |
| Long-Term Capital Gains (LTCG) | More than 12 months | 12.5% (gains up to ₹1.25 lakh exempt per year) | |
| Debt Funds (money market funds, corporate bond funds, short-duration funds, liquid funds, etc.) | STCG | Less than 36 months | Taxed as per individual income tax slab |
| LTCG | More than 36 months | 12.50% | |
| Hybrid Funds (Equity-Oriented*) | STCG | Less than 12 months | 20% |
| LTCG | More than 12 months | 12.5% (₹1.25 lakh exemption applicable) | |
| Hybrid Funds (Non-Equity-Oriented) | STCG | Less than 36 months | Taxed as per the individual income tax slab |
| LTCG | More than 36 months | 12.50% | |
| International Funds / Fund of Funds (FoFs) | STCG | Less than 36 months | Taxed as per individual income tax slab |
| LTCG | More than 36 months | 12.50% | |
| Arbitrage-Linked Schemes (if applicable) | STCG | Less than 12 months | 20% |
| LTCG | More than 12 months | 12.5% (₹1.25 lakh exemption applies) |
Documents Required To Invest in Franklin Templeton Mutual Funds
To complete onboarding and verification for mutual fund investments with Franklin Templeton, certain regulatory documents are generally required.
- PAN Card for identity and tax validation
- Aadhaar or another accepted government ID such as Passport, Voter ID, or Driving Licence
- Proof of Address if different from ID documentation (Aadhaar, Passport, utility bill, or bank statement)
- Bank Account Proof such as a cancelled cheque, bank passbook copy, or statement
- Completed KYC or CKYC verification as per SEBI guidelines
- FATCA/CRS declaration, where applicable
Risks of Investing in Franklin Templeton Mutual Funds
- Equity Volatility: Franklin Templeton’s equity-oriented schemes, such as flexi-cap, small-cap, and focused strategies, may fluctuate based on market cycles, sector positioning, and stock-level outcomes.
- Small and Mid-Cap Exposure: Schemes with allocations to smaller companies may reflect higher volatility, liquidity sensitivity, and valuation swings during uncertain or momentum-driven market phases.
- Debt Market Sensitivity: Certain debt schemes may react to shifts in interest rates, economic indicators, and credit conditions. Outcomes may change based on yield movements and issuer quality.
- Currency and Global Exposure: International products like Franklin U.S. Opportunities Equity Active FOF may experience fluctuations linked to currency movement, U.S. equity trends, and global macroeconomic events.
- Concentration Risk: Focused or thematic Franklin Templeton strategies may show higher return dispersion if exposure is concentrated in select sectors, styles, or limited holdings.
Factors to Consider While Investing in Franklin Templeton Mutual Funds
- Scheme Category Mix: Franklin Templeton offers exposure across equity, hybrid, fixed-income, and global strategies. Each category behaves differently depending on market conditions, asset type, and regulatory classification.
- Portfolio Style: Schemes may follow growth, diversification-based, opportunity-driven, or market-cap-specific approaches. Fund behaviour may change with shifts in strategy execution or market cycles.
- Past Fund Behaviour: Historical outcomes, including the performance of Franklin India Small Cap, Flexi Cap, and global FoF schemes, may display varied patterns across different phases rather than consistent trends.
- Underlying Exposure: International allocations, duration-oriented debt structures, or concentrated equity portfolios may require awareness of how external variables influence returns.
- Risk Alignment: Franklin Templeton’s fund universe ranges from low-duration money market solutions to global and small-cap equity products, each demonstrating different volatility and return characteristics.
To Wrap Up…
Franklin Templeton Mutual Fund includes a variety of schemes across equity, hybrid, fixed-income, and international categories, each operating with distinct mandates and portfolio structures. Behaviour and outcomes may vary across time due to market conditions, strategy execution, and underlying asset exposure. Franklin Templeton schemes, are available on smallcase and investors can invest via smallcase app or website. Moreover, the scheme information, historical data, and parameters can be viewed for research and comparison purposes. Independent evaluation and, where relevant, professional guidance may help in forming clarity around suitability and expectations.
Frequently Asked Questions About Franklin Templeton Mutual Funds
The following are the best Franklin mutual funds in India as per 5-year CAGR:
– Franklin India Flexi Cap Fund
– Franklin India Small Cap Fund
– Franklin India Mid Cap Fund
– Franklin India Focused Equity Fund
– Franklin India Opportunities Fund
Disclaimer: This information is not an investment recommendation, suitability assessment, or performance ranking. Independent evaluation or professional advice may be required before making financial decisions.
Franklin Templeton is part of Franklin Resources, Inc., a global investment management organisation headquartered in the United States. Franklin Templeton Asset Management (India) Private Limited operates as the Indian entity within this structure, managing products under the Franklin India Mutual Fund structure.
Redemption availability depends on scheme rules, platform processes, and regulatory requirements, including applicable lock-in periods, exit loads, or processing timelines. Units are generally redeemed through the platform or channel where they were originally held under Franklin India MF, subject to operational frameworks.
Disclaimer: This response is for informational purposes only and does not constitute procedural guidance, instruction, or advice.
Franklin Templeton schemes carry risk levels that vary based on underlying assets such as equity, debt, hybrid, or international exposure. Behaviour may differ across time due to market conditions, regulatory updates, currency changes, or strategy execution, including specialised products such as the Franklin Tech Fund.
Disclaimer: This statement does not assure capital protection, guarantee returns, or indicate suitability or safety for any investor profile.
SIP cancellation depends on the process followed by the relevant platform, registrar, or intermediary. Processing timelines and mandate rules may apply based on the operational framework used during setup.
