MonitorDirect · Growth
Franklin India ELSS Tax Saver Fund
Franklin Templeton Mutual FundEquity Scheme - ELSS13.7 years
The scheme seeks medium to long term growth of capital, with income tax rebate. The scheme invests in equities and there is an exposure to PSU Bonds and debentures and Money Market instruments.
- NAV
- 1,554.0853
- 15 Sept 2026
- 1Y
- -3.6%
- Trailing CAGR
- Upside capture
- +96%
- Vs NIFTY 500 TRI
- Downside capture
- +93%
- Lower is better
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-3.6%
- 3Y+10.1%
- 5Y+12.0%
- 10Y+12.4%
- SI+14.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.7%
- 3Y+2.9%
- 5Y+10.0%
- 10Y+13.5%
- Since inception
- +14.7%
- Calendar-day CAGR
- Excess 1Y
- -3.8%
- Category median, same plan and option
- 3Y win rate
- +54%
- Windows beating the median
- 3Y percentile
- 47
- Vs comparable share classes
- Worst rolling 3Y
- -8.6%
- 2636 daily-ending windows
- Median rolling 3Y
- +17.1%
- Calendar-day CAGR
- Positive rolling 5Y
- +99%
- 2144 daily-ending windows
- SIP 3Y XIRR
- +2.9%
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 15 Sept 2026.
- 1Y excess
- -3.5%
- Fund minus TRI
- 3Y excess
- +0.0%
- Fund minus TRI
- Upside capture
- +96%
- Benchmark-up months
- Downside capture
- +93%
- Lower is better
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 13 days
- 160 recovered episodes
- Longest recovery
- 433 days
- Trough to prior peak
- Current spell
- 718 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
17 Jan 2020 – 18 Nov 2020
Trough 23 Mar 2020 · recovered in 240 days
-39.0%
18 Oct 2021 – 31 Oct 2022
Trough 20 Jun 2022 · recovered in 133 days
-18.2%
23 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-16.7%
7 Aug 2015 – 30 Jun 2016
Trough 29 Feb 2016 · recovered in 122 days
-16.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
47
Vs category
26
Consistency
58
Risk-adjusted
57
Drawdown
3
Mean
38
Portfolio
31 Aug 2026 · 49 holdings · top 10 are 47.9%.
- Top 5
- 29.3%
- Top 10
- 47.9%
- Largest holding
- 7.7%
- Effective holdings
- 29.4
ICICI Bank Ltd
Financial
7.7%
HDFC Bank Ltd
Financial
6.0%
Cash/Net Current Assets
Unspecified
5.5%
Axis Bank Ltd
Financial
5.2%
State Bank of India
Financial
4.8%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 11 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
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 62% of rolling 1-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Baroda BNP Paribas ELSS Tax Saver Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +2.9%
- 3Y
- +14.1%
- Vol
- 13.9%
- Max DD
- -17.3%
- Sharpe
- 0.66
- 3Y win
- +99%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
ITI ELSS Tax Saver Fund
ITI Mutual Fund
- 1Y
- +6.4%
- 3Y
- +16.6%
- Vol
- 18.1%
- Max DD
- -38.5%
- Sharpe
- 0.67
- 3Y win
- +61%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Kotak ELSS Tax Saver Fund
Kotak Mahindra Mutual Fund
- 1Y
- +1.6%
- 3Y
- +10.7%
- Vol
- 15.5%
- Max DD
- -36.4%
- Sharpe
- 0.66
- 3Y win
- +81%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Parag Parikh ELSS Tax Saver Fund
PPFAS Mutual Fund
- 1Y
- -10.8%
- 3Y
- +7.9%
- Vol
- 13.6%
- Max DD
- -29.5%
- Sharpe
- 0.87
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
PGIM India ELSS Tax Saver Fund
PGIM India Mutual Fund
- 1Y
- -2.4%
- 3Y
- +8.0%
- Vol
- 15.1%
- Max DD
- -36.7%
- Sharpe
- 0.59
- 3Y win
- +56%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns