ReviewDirect · GrowthPrefer peers first
Franklin India Focused Equity Fund
Franklin Templeton Mutual FundEquity Scheme - Focused Fund13.8 years
The scheme seeks to achieve capital appreciation through investing predominantly in Indian companies/sectors with high growth rates or potential.
- NAV
- 107.807
- 30 Oct 2026
- 1Y
- -14.4%
- Trailing CAGR
- Upside capture
- +100%
- Vs NIFTY 500 TRI
- Downside capture
- +100%
- 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 30 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Three-year return sits below the 25th percentile of comparable share classes.
Prefer peers if · Prefer Edelweiss Focused 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
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
1.16% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -37.7%. Ask whether you can hold through a similar fall.
Vs category
Pass
70% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Venkatesh Sanjeevi · 2.1 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
Watch
Top 10 holdings ≈ 59.8% 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
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
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-14.4%
- 3Y+7.5%
- 5Y+8.2%
- 10Y+12.3%
- SI+15.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-13.4%
- 3Y-3.0%
- 5Y+5.4%
- 10Y+11.9%
- Since inception
- +15.5%
- Calendar-day CAGR
- Excess 1Y
- -11.2%
- Category median, same plan and option
- 3Y win rate
- +70%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- SIP 3Y XIRR
- -3.0%
- Simulated monthly SIP
- Worst rolling 3Y
- -6.4%
- 2654 daily-ending windows
- Median rolling 3Y
- +17.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2162 daily-ending windows
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 30 Oct 2026.
- 1Y excess
- -7.0%
- Fund minus TRI
- 3Y excess
- -2.7%
- Fund minus TRI
- Upside capture
- +100%
- Benchmark-up months
- Downside capture
- +100%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -37.7%
- Worst peak-to-trough
- Current
- -16.3%
- Below last peak
- Current spell
- 767 days
- Days below latest peak
- Time below peak
- +88%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 11 days
- 157 recovered episodes
- Longest recovery
- 240 days
- Trough to prior peak
3 Jun 2019 – 18 Nov 2020
Trough 23 Mar 2020 · recovered in 240 days
-37.7%
6 Aug 2015 – 12 Jul 2016
Trough 11 Feb 2016 · recovered in 152 days
-21.7%
23 Jan 2018 – 24 May 2019
Trough 9 Oct 2018 · recovered in 227 days
-18.3%
23 Sept 2024 – open
Trough 7 Apr 2025 · not recovered
-17.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
0
Consistency
65
Risk-adjusted
57
Drawdown
6
Mean
26
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 70% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 32 holdings · top 10 are 59.8%.
- Top 5
- 35.6%
- Top 10
- 59.8%
- Largest holding
- 8.6%
- Effective holdings
- 21.4
ICICI Bank Ltd
Financial
8.6%
Axis Bank Ltd
Financial
7.6%
HDFC Bank Ltd
Financial
7.6%
Bharti Airtel Ltd
Technology
5.9%
Zomato Ltd
Technology
5.8%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
30 Oct 2026
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
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Edelweiss Focused Fund
Edelweiss Mutual Fund
- 1Y
- -7.6%
- 3Y
- +11.8%
- Vol
- 13.8%
- Max DD
- -17.1%
- Sharpe
- 0.51
- 3Y win
- +90%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
ITI Focused Fund
ITI Mutual Fund
- 1Y
- -0.7%
- 3Y
- +15.8%
- Vol
- 15.6%
- Max DD
- -18.4%
- Sharpe
- 0.65
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Tata Focused Fund
Tata Mutual Fund
- 1Y
- -10.3%
- 3Y
- +8.4%
- Vol
- 17.7%
- Max DD
- -37.3%
- Sharpe
- 0.47
- 3Y win
- +73%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Aditya Birla Sun Life Focused Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -2.1%
- 3Y
- +13.3%
- Vol
- 15.6%
- Max DD
- -36.7%
- Sharpe
- 0.57
- 3Y win
- +34%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Quant Focused Fund
quant Mutual Fund
- 1Y
- +1.8%
- 3Y
- +13.5%
- Vol
- 16.7%
- Max DD
- -36.4%
- Sharpe
- 0.65
- 3Y win
- +78%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER