Franklin India Multi Cap Fund
Multi Cap Fund · Franklin Templeton Asset Management (India) Private Limited
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹81,320. Expect meaningful ups and downs on the way.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Franklin India Multi Cap Fund is a multi cap fund from Franklin Templeton Asset Management (India) Private Limited. It has a track record of about 2.1 years. As of the latest data it carries an RS rating of 65/99 (its recent momentum versus category peers). The current NAV is ₹11.08 (as of 2026-09-16).
Growth of ₹100 - last 2 years
Franklin India Multi Cap Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -2.64% | -2.97% |
| 3 months | 3.76% | 2.52% |
| 6 months | 12.49% | 12.23% |
| 1 year | 4.73% | 4.57% |
Its trailing one-year return is 4.73%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Franklin India Multi C | Benchmark |
|---|---|---|
| 2025 | +6.5% | n/a |
| 2026 | +2.2% | n/a |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -18.68% | -23.39% |
| Worst drawdown (3Y) | -18.68% | -19.3% |
| Volatility (1Y) | 18.98% | 17.81% |
| Sharpe (3Y) | -0.09 | 0.37 |
| Bull-market return | 29.1% | 33.33% |
| Bear-market return | -27.8% | -25.25% |
Timing matters more than people admit: the best possible 1-year stretch in Franklin India Multi Cap Fund (starting 2025-02-17) gained 19.9%, while the worst (starting 2024-09-25) lost 2.4%. The worst peak-to-bottom fall Franklin India Multi Cap Fund has ever put investors through is -18.68% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -27.8% annualised, versus 29.1% in rising markets.
How Franklin India Multi Cap Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Franklin India Multi Cap Fund has historically returned about -27.8% annualised, versus roughly 29.1% when the market is rising. Its deepest fall on record is -18.68%. Right now it sits about 3.21% below its all-time high (last hit 2026-08-10). The real question isn't the average year - it's whether you could hold on through the worst one.
How Franklin India Multi Cap Fund ranks in its category
Percentile versus its ~124 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
What Franklin India Multi Cap Fund holds
Its latest monthly portfolio disclosure. This is what your money actually owns.
Top holdings
Sector allocation
The top 10 holdings make up 29.8% of the portfolio, across 57 stocks. A higher concentration means the fund's fortunes ride on fewer names.
Portfolio overlap with similar funds
Franklin India Multi Cap Fund shares HSBC Multi Cap Fund (3%), Axis Multicap Fund (2%), LIC MF Multi Cap Fund (2%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.
Who manages Franklin India Multi Cap Fund - and how good are they?
Franklin India Multi Cap Fund is managed by Kiran Sebastian, R. Janakiraman and Sandeep Manam. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Kiran Sebastian's full record
Kiran Sebastian currently runs 3 funds, across Multi Cap Fund, Sectoral/ Thematic, with about ₹16,774 Cr under management. The book's average King Score is 71.0/100. Their strongest fund by King Score is Franklin India Opportunities Fund (75/100); Franklin India Multi Cap Fund ranks #3 of 3 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Franklin India Opportunities Fund | 61 | 75 | 2.8% | 11.1% | 1.4% | 20.1% | 17.8% | 16.5% | 0.85 | 19.0% | -39.3% |
| 2 | Franklin Build India Fund | 7 | 67 | -5.5% | -1.7% | -2.5% | 15.5% | 17.6% | 16.6% | 0.5 | 21.9% | -42.8% |
| 3 | Franklin India Multi Cap Fund (this page) | 65 | n/a | 3.8% | 12.5% | 4.7% | n/a | n/a | n/a | -0.09 | n/a | -18.7% |
R. Janakiraman's full record
R. Janakiraman currently runs 8 funds, across ELSS, Flexi Cap Fund, Large & Mid Cap Fund, Mid Cap Fund and more, with about ₹69,566 Cr under management. The book's average King Score is 52.6/100. Their strongest fund by King Score is Franklin India Opportunities Fund (75/100); Franklin India Multi Cap Fund ranks #8 of 8 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Franklin India Opportunities Fund | 61 | 75 | 2.8% | 11.1% | 1.4% | 20.1% | 17.8% | 16.5% | 0.85 | 19.0% | -39.3% |
| 2 | Franklin India Mid Cap Fund | 28 | 58 | 1.2% | 7.8% | 0.3% | 14.7% | 12.9% | 14.3% | 0.5 | 19.7% | -36.6% |
| 3 | Franklin India ELSS Tax Saver Fund | 25 | 56 | -0.9% | 1.2% | -5.2% | 9.6% | 11.3% | 12.4% | 0.22 | 17.3% | -39.0% |
| 4 | Franklin India Flexi Cap Fund | 24 | 56 | -1.2% | 1.1% | -4.2% | 9.9% | 11.4% | 13.2% | 0.24 | 18.3% | -37.7% |
| 5 | Franklin India Small Cap Fund | 19 | 47 | 2.1% | 14.5% | 4.1% | 12.3% | 15.4% | 15.1% | 0.34 | 21.8% | -49.9% |
| 6 | Franklin India Large & Mid Cap Fund | 33 | 43 | 0.7% | 4.6% | -3.1% | 10.4% | 9.6% | 11.5% | 0.27 | 15.0% | -41.8% |
| 7 | Franklin India Technology Fund | 52 | 33 | 6.5% | 8.6% | -9.1% | 8.8% | 7.0% | 16.6% | 0.13 | 17.9% | -30.8% |
| 8 | Franklin India Multi Cap Fund (this page) | 65 | n/a | 3.8% | 12.5% | 4.7% | n/a | n/a | n/a | -0.09 | n/a | -18.7% |
Sandeep Manam's full record
Sandeep Manam currently runs 17 funds, across Aggressive Hybrid Fund, Banking and PSU Fund, Dynamic Asset Allocation or Balanced Advantage, Equity Savings and more, with about ₹98,069 Cr under management. The book's average King Score is 57.8/100. Their strongest fund by King Score is Franklin India Banking & PSU Debt Fund (85/100); Franklin India Multi Cap Fund ranks #17 of 17 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Franklin India Banking & PSU Debt Fund | 96 | 85 | 1.8% | 3.1% | 6.5% | 7.5% | 6.4% | 7.3% | 0.93 | 7.8% | -3.6% |
| 2 | Franklin India Balanced Advantage Fund | 65 | 83 | 0.5% | 2.6% | 0.4% | 9.3% | n/a | n/a | 0.37 | 14.2% | -8.1% |
| 3 | Franklin India Opportunities Fund | 61 | 75 | 2.8% | 11.1% | 1.4% | 20.1% | 17.8% | 16.5% | 0.85 | 19.0% | -39.3% |
| 4 | Franklin India Equity Savings Fund | 74 | 69 | 1.2% | 2.2% | 3.7% | 7.2% | 7.1% | n/a | 0.24 | 9.5% | -16.7% |
| 5 | Franklin India Aggressive Hybrid Fund | 48 | 68 | -0.2% | 1.7% | -2.2% | 9.0% | 9.2% | 11.2% | 0.25 | 14.9% | -27.8% |
| 6 | Franklin Build India Fund | 7 | 67 | -5.5% | -1.7% | -2.5% | 15.5% | 17.6% | 16.6% | 0.5 | 21.9% | -42.8% |
| 7 | Franklin Asian Equity Fund | 85 | 63 | -1.9% | 15.9% | 33.0% | 21.9% | 9.4% | 10.5% | 0.92 | 8.5% | -40.2% |
| 8 | Franklin India Large Cap Fund | 59 | 62 | -0.2% | 0.8% | -4.0% | 8.6% | 7.5% | 10.6% | 0.16 | 13.6% | -36.2% |
| 9 | Franklin India Mid Cap Fund | 28 | 58 | 1.2% | 7.8% | 0.3% | 14.7% | 12.9% | 14.3% | 0.5 | 19.7% | -36.6% |
| 10 | Franklin India Flexi Cap Fund | 24 | 56 | -1.2% | 1.1% | -4.2% | 9.9% | 11.4% | 13.2% | 0.24 | 18.3% | -37.7% |
| 11 | Franklin India Small Cap Fund | 19 | 47 | 2.1% | 14.5% | 4.1% | 12.3% | 15.4% | 15.1% | 0.34 | 21.8% | -49.9% |
| 12 | Franklin India Large & Mid Cap Fund | 33 | 43 | 0.7% | 4.6% | -3.1% | 10.4% | 9.6% | 11.5% | 0.27 | 15.0% | -41.8% |
| 13 | Franklin U.S. Opportunities Equity Active Fund of Funds | 33 | 42 | -4.1% | 14.8% | 11.9% | 21.4% | 9.6% | 17.1% | 0.67 | 14.7% | -38.4% |
| 14 | Franklin India Focused Equity Fund | 16 | 42 | -2.1% | -2.0% | -9.8% | 6.8% | 9.2% | 12.7% | 0.03 | 17.1% | -37.7% |
| 15 | Franklin India Technology Fund | 52 | 33 | 6.5% | 8.6% | -9.1% | 8.8% | 7.0% | 16.6% | 0.13 | 17.9% | -30.8% |
| 16 | Franklin India INDEX FUND- NSE NIFTY 50 INDEX FUND | 14 | 31 | -2.2% | -1.6% | -6.7% | 5.8% | 6.6% | 10.9% | -0.04 | 12.9% | -37.6% |
| 17 | Franklin India Multi Cap Fund (this page) | 65 | n/a | 3.8% | 12.5% | 4.7% | n/a | n/a | n/a | -0.09 | n/a | -18.7% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.44% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹5000 |
| Fund size (AUM) | ₹4,891 Cr |
| Age | 2.1 years |
| Plan / Option | Direct · Growth |
How Franklin India Multi Cap Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| Axis Multicap Fund | 90 | 90 | 18.3% |
| LIC MF Multi Cap Fund | 80 | 88 | 17.1% |
| HSBC Multi Cap Fund | 68 | 82 | 17.1% |
| Mahindra Manulife Multi Cap Fund | 91 | 78 | 16.6% |
| Bank of India Multi Cap Fund | 82 | 78 | 16.8% |
| Union Multicap Fund | 83 | 78 | 14.0% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Franklin India Multi Cap Fund review: the bottom line
Related
Frequently asked questions
Is Franklin India Multi Cap Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Franklin India Multi Cap Fund scores RS 65/99 within its category, and its worst drawdown was -18.68%. Compare those against your needs and the peer table above.
What is the NAV of Franklin India Multi Cap Fund today?
The latest NAV is ₹11.08 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Franklin India Multi Cap Fund?
The Direct-plan expense ratio is 0.44% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Franklin India Multi Cap Fund?
Franklin India Multi Cap Fund is managed by Kiran Sebastian; R. Janakiraman; Sandeep Manam; Akhil Kalluri.
Is Franklin India Multi Cap Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -18.68% - ₹1 lakh briefly becoming about ₹81,320. As a equity fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Franklin India Multi Cap Fund tax-efficient / what about capital gains?
As a equity fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Franklin India Multi Cap Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.