Franklin Build India Fund
Sectoral/ Thematic · Franklin Templeton Asset Management (India) Private Limited
Among the 946 funds in its category, this one has grown money a bit faster than average. ₹1 lakh invested 5 years ago would be about ₹2.2 lakh today. Investing ₹10,000 every month for the last 10 years would have put in ₹12.1 lakh and grown it to about ₹31.9 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹57,200. Funds like this reward patience and punish panic-selling.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Franklin Build India Fund is a Sectoral/ Thematic fund from Franklin Templeton Asset Management (India) Private Limited. It has a track record of about 13.7 years. As of the latest data it carries an RS rating of 7/99 (its recent momentum versus category peers) and a King Score of 67/100 (a long-term quality composite). The current NAV is ₹159.0 (as of 2026-09-16).
Growth of ₹100 - last 5 years
Franklin Build India Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -5.32% | -3.47% |
| 3 months | -5.48% | 2.0% |
| 6 months | -1.68% | 10.56% |
| 1 year | -2.48% | 4.78% |
| 3 years (CAGR) | 15.5% | 13.85% |
| 5 years (CAGR) | 17.58% | 12.48% |
| 10 years (CAGR) | 16.62% | 14.18% |
The last 10 years return of Franklin Build India Fund works out to 16.62% a year (CAGR) - ₹1 lakh invested 10 years ago would be about ₹4.7 lakh today. The last 5 years return is 17.58% a year (₹1 lakh → ₹2.2 lakh), and the last 3 years return is 15.5% - ahead of its category's 13.85% average by 1.7 points. Its trailing one-year return is -2.48%. 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 Build India F | Benchmark |
|---|---|---|
| 2018 | -9.5% | -3.4% |
| 2019 | +7.2% | +7.7% |
| 2020 | +6.5% | +16.7% |
| 2021 | +47.4% | +30.2% |
| 2022 | +12.4% | +3.0% |
| 2023 | +52.7% | +25.8% |
| 2024 | +29.1% | +15.2% |
| 2025 | +4.8% | +6.7% |
| 2026 | -4.0% | -5.8% |
Franklin Build India Fund beat its benchmark in 5 of the last 9 calendar years. Consistency against the benchmark matters more than any single great year.
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
What a monthly SIP in Franklin Build India Fund would have made
A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.
| SIP duration | You invested | It became | XIRR |
|---|---|---|---|
| 3 years | ₹370,000 | ₹394,914 | 4.28% |
| 5 years | ₹610,000 | ₹899,743 | 15.52% |
| 10 years | ₹1,210,000 | ₹3,189,798 | 18.4% |
Over 10 years, ₹1,210,000 invested in monthly instalments would have grown to about ₹3,189,798 - an XIRR of 18.4%. Figures are pre-tax and assume you stayed invested throughout.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -42.8% | -26.37% |
| Worst drawdown (3Y) | -20.28% | -20.9% |
| Volatility (1Y) | 17.89% | 19.02% |
| Sharpe (3Y) | 0.5 | 0.31 |
| Sortino (3Y) | 0.82 | 0.82 |
| Beta (3Y) | 1.12 | 0.91 |
| Alpha (3Y) | 6.33% | 6.12% |
| Up capture | 119.0% | 97.13% |
| Down capture | 105.4% | 81.47% |
| Bull-market return | 36.7% | 30.78% |
| Bear-market return | -38.6% | -23.76% |
Timing matters more than people admit: the best possible 1-year stretch in Franklin Build India Fund (starting 2014-01-28) gained 122.5%, while the worst (starting 2019-03-22) lost 38.2%. The worst peak-to-bottom fall Franklin Build India Fund has ever put investors through is -42.8% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -38.6% annualised, versus 36.7% in rising markets. It has captured roughly 119.0% of its benchmark's up-moves and 105.4% of its down-moves.
How Franklin Build India Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Franklin Build India Fund has historically returned about -38.6% annualised, versus roughly 36.7% when the market is rising. Its deepest fall on record is -42.8%. Right now it sits about 8.45% below its all-time high (last hit 2026-02-25). The real question isn't the average year - it's whether you could hold on through the worst one.
How Franklin Build India Fund ranks in its category
Percentile versus its ~946 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
| Measure | Value |
|---|---|
| Median 3Y rolling CAGR | 21.85% |
| 3Y windows positive | 93.1% |
| Worst 3Y window | -8.63% |
| 3Y windows beating Nifty 500 | 75.4% |
| Median 5Y rolling CAGR | 18.67% |
| Median 10Y rolling CAGR | 19.79% |
Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Franklin Build India Fund returned a median of 21.85% a year, and 93.1% of those windows were positive.
What Franklin Build India Fund holds
Its latest monthly portfolio disclosure. This is what your money actually owns.
Top holdings
Sector allocation
The top 10 holdings make up 52.2% of the portfolio, across 37 stocks. A higher concentration means the fund's fortunes ride on fewer names.
Portfolio overlap with similar funds
Franklin Build India Fund shares HDFC Transportation and Logistics Fund (0%), ICICI Prudential Transportation And Logistics Fund (0%), ICICI Prudential Innovation Fund (0%) 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 Build India Fund - and how good are they?
Franklin Build India Fund is managed by Ajay Argal, Kiran Sebastian 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.
Ajay Argal's full record
Ajay Argal currently runs 5 funds, across Aggressive Hybrid Fund, Focused Fund, Large Cap Fund, Sectoral/ Thematic and more, with about ₹25,914 Cr under management. The book's average King Score is 57.0/100. Their strongest fund by King Score is Franklin India Aggressive Hybrid Fund (68/100); Franklin Build India Fund ranks #2 of 5 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 Aggressive Hybrid Fund | 48 | 68 | -0.2% | 1.7% | -2.2% | 9.0% | 9.2% | 11.2% | 0.25 | 14.9% | -27.8% |
| 2 | Franklin Build India Fund (this page) | 7 | 67 | -5.5% | -1.7% | -2.5% | 15.5% | 17.6% | 16.6% | 0.5 | 21.9% | -42.8% |
| 3 | 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% |
| 4 | Templeton India Value Fund | 17 | 46 | -3.9% | -2.0% | -5.2% | 8.5% | 12.6% | 13.3% | 0.14 | 17.2% | -47.8% |
| 5 | 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% |
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 Build India Fund ranks #2 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 (this page) | 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 | 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 Build India Fund ranks #6 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 (this page) | 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 | 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) | 0.83% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹5000 |
| Fund size (AUM) | ₹3,159 Cr |
| Age | 13.7 years |
| Plan / Option | Direct · Growth |
| Benchmark | NIFTY500 |
How Franklin Build India Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| HDFC Transportation and Logistics Fund | 82 | 89 | 24.1% |
| ICICI Prudential Transportation And Logistics Fund | 78 | 87 | 21.1% |
| ICICI Prudential Innovation Fund | 56 | 87 | 17.8% |
| LIC MF Healthcare Fund | 91 | 87 | 21.4% |
| Kotak Manufacture in India Fund | 81 | 83 | 19.1% |
| HDFC Defence Fund | 87 | 83 | 36.0% |
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 Build India Fund review: the bottom line
Related
Frequently asked questions
Is Franklin Build India Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Franklin Build India Fund scores 67/100 on our King Score and RS 7/99 within its category, has compounded 15.5% a year over three years, and its worst drawdown was -42.8%. Compare those against your needs and the peer table above.
What is the NAV of Franklin Build India Fund today?
The latest NAV is ₹159.0 (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 last 10 years return of Franklin Build India Fund?
Over the last 10 years Franklin Build India Fund has returned about 16.62% a year (CAGR). In rupees: ₹1 lakh invested 10 years ago would be roughly ₹4.7 lakh today, before tax. See the year-by-year table above for how uneven the ride was.
What is the expense ratio of Franklin Build India Fund?
The Direct-plan expense ratio is 0.83% 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 Build India Fund?
Franklin Build India Fund is managed by Ajay Argal; Kiran Sebastian; Sandeep Manam.
Is Franklin Build India 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 -42.8% - ₹1 lakh briefly becoming about ₹57,200. As a sectoral & thematic 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 Build India Fund good for SIP?
We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 10 years grew ₹12.1 lakh into about ₹31.9 lakh (XIRR 18.4%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.
What are the SIP returns of Franklin Build India Fund?
A ₹10,000/month SIP over 10 years would have grown to about ₹3,189,798 (an XIRR of 18.4%) on ₹1,210,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.
How does Franklin Build India Fund rank among similar funds?
On 3-year returns it sits around the 74th percentile of its category, and its consistency ranks 86th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.
Is Franklin Build India Fund tax-efficient / what about capital gains?
As a sectoral & thematic 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 Build India 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.