MonitorDirect · GrowthWatch before adding
Franklin India Dividend Yield Fund
Franklin Templeton Mutual FundEquity Scheme - Dividend Yield Fund13.8 years
The Scheme seeks to provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield, by using a value strategy.
- NAV
- 142.6466
- 29 Oct 2026
- 1Y
- -7.9%
- Trailing CAGR
- Upside capture
- +86%
- Vs NIFTY 500 TRI
- Downside capture
- +69%
- Lower is better
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 66% of rolling 3-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer HDFC DIVIDEND YIELD FUND if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.39% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -38.0%. Ask whether you can hold through a similar fall.
Vs category
Pass
66% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Ajay Argal · 2.9 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 41.3% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 38%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-7.9%
- 3Y+10.8%
- 5Y+10.9%
- 10Y+13.7%
- SI+14.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-9.0%
- 3Y-0.8%
- 5Y+7.8%
- 10Y+14.1%
- Since inception
- +14.0%
- Calendar-day CAGR
- Excess 1Y
- -2.8%
- Category median, same plan and option
- 3Y win rate
- +66%
- Windows beating the median
- 3Y percentile
- 50
- Vs comparable share classes
- SIP 3Y XIRR
- -0.8%
- Simulated monthly SIP
- Worst rolling 3Y
- -7.3%
- 2652 daily-ending windows
- Median rolling 3Y
- +16.5%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2160 daily-ending windows
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 30 Oct 2026.
- 1Y excess
- -0.3%
- Fund minus TRI
- 3Y excess
- +0.4%
- Fund minus TRI
- Upside capture
- +86%
- Benchmark-up months
- Downside capture
- +69%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -38.0%
- Worst peak-to-trough
- Current
- -13.3%
- Below last peak
- Current spell
- 762 days
- Days below latest peak
- Time below peak
- +88%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 11 days
- 144 recovered episodes
- Longest recovery
- 234 days
- Trough to prior peak
23 Jan 2018 – 12 Nov 2020
Trough 23 Mar 2020 · recovered in 234 days
-38.0%
3 Mar 2015 – 12 Jul 2016
Trough 12 Feb 2016 · recovered in 151 days
-18.7%
27 Sept 2024 – open
Trough 7 Apr 2025 · not recovered
-15.9%
7 Jan 2013 – 9 Dec 2013
Trough 7 Aug 2013 · recovered in 124 days
-13.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
50
Vs category
33
Consistency
63
Risk-adjusted
56
Drawdown
5
Mean
41
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 66% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 46 holdings · top 10 are 41.3%.
- Top 5
- 24.1%
- Top 10
- 41.3%
- Largest holding
- 5.7%
- Effective holdings
- 35.0
State Bank of India
Financial
5.7%
MediaTek (Taiwan) Forgn. Eq
Industrials
5.4%
Infosys Ltd
Technology
4.5%
Embassy Office Parks REIT
Real Estate
4.3%
ICICI Bank Ltd
Financial
4.1%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
HDFC DIVIDEND YIELD FUND
HDFC Mutual Fund
- 1Y
- -7.0%
- 3Y
- +10.9%
- Vol
- 13.9%
- Max DD
- -20.0%
- Sharpe
- 0.83
- 3Y win
- +84%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
LIC MF Dividend Yield Fund
LIC Mutual Fund
- 1Y
- -1.8%
- 3Y
- +17.9%
- Vol
- 15.7%
- Max DD
- -20.4%
- Sharpe
- 0.69
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Baroda BNP Paribas Dividend Yield Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- -4.9%
- 3Y
- n/a
- Vol
- 12.5%
- Max DD
- -18.1%
- Sharpe
- -0.65
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
SBI Dividend Yield Fund
SBI Mutual Fund
- 1Y
- -2.9%
- 3Y
- +10.6%
- Vol
- 11.9%
- Max DD
- -17.8%
- Sharpe
- 0.58
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Sundaram Dividend Yield Fund (Formerly Known as Principal Dividend Yield Fund)
Sundaram Mutual Fund
- 1Y
- -9.7%
- 3Y
- +9.3%
- Vol
- 13.0%
- Max DD
- -18.9%
- Sharpe
- 0.28
- 3Y win
- +0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns