Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Franklin India Mid Cap Fund - Direct - IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 68/100 · Good
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)15.22%
- Expense ratio (20%)1.15%
- AUM (15%)₹12,871 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Franklin Templeton Mutual Fund · Equity · Mid Cap
₹3,193.16
AUM: ₹12,870 Cr
NAV updated 17 days ago
Plan
Direct
Option
Idcw
Risk
Very High
Expense Ratio
1.15%
Exit Load
Exit load of 1% if redeemed within 1 year
Fund Manager
R Janakiraman, Srikesh Nair, Hari Shyamsunder
Inception
Jan 2013
Benchmark
NIFTY Midcap 150 Total Return Index
Sharpe Ratio
-0.58
Std Dev (1Y)
18.5%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-2.37%
3m
+7.3%
6m
+8.91%
1y
+3.06%
3y
+15.22%
5y
+13.97%
10y
+14.48%
since inception
+7.44%
TopFund's Take on Franklin India Mid Cap Fund - Direct - IDCW
Franklin India Mid Cap Fund - Direct - IDCW holds up reasonably well within the Mid Cap category, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 68/100.
Cost: At 1.15%, the expense ratio runs 49% above the Mid Cap category average of 0.77%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.58 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 18.5% is fairly typical for Mid Cap funds.
Who should invest: This fund is best suited to investors with a 5+ year horizon comfortable with meaningfully higher volatility than large cap funds. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Franklin India Mid Cap Fund - Direct - IDCW
The current NAV (Net Asset Value) of Franklin India Mid Cap Fund - Direct - IDCW is ₹3193.16. NAV is updated every business day after market close by AMFI.
1Y: 3.06% · 3Y CAGR: 15.22% · 5Y CAGR: 13.97%
The expense ratio of Franklin India Mid Cap Fund - Direct - IDCW is 1.15% per annum. This is the annual fee charged by the fund to manage your investment.
Franklin India Mid Cap Fund - Direct - IDCW is managed by R Janakiraman, Srikesh Nair, Hari Shyamsunder at Franklin Templeton Mutual Fund.
Franklin India Mid Cap Fund - Direct - IDCW is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Yes, Franklin India Mid Cap Fund - Direct - IDCW is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Franklin India Mid Cap Fund - Direct - IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Franklin India Mid Cap Fund - Direct - IDCW is ₹12,871 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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